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PREF vs PGX

Principal Spectrum Preferred Securities Active ETF vs Invesco Preferred ETF

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.05% less per year.
  • PREF covers global markets; PGX covers north america.
  • PREF follows a active selection strategy; PGX uses index tracking.
  • Over the last 3 years, PREF has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PREFPGX
Annual cost (TER)0.55%0.50%
Fund size (AUM)$1.5B$3.9B
Since20172008
Dividend yield5.03%6.16%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.0%+6.9%
CAGR 3Y+9.8%+5.9%
CAGR 5Y+3.2%-0.4%
Sharpe 3Y1.630.29
Volatility 1Y3.08%6.09%
Max drawdown-22.99%-34.10%

Similar to PREF and PGX