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PRFD vs PGX

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund vs Invesco Preferred ETF

PRFD

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

Annual cost

0.73%

Fund size

$212M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.23% less per year.
  • PGX is significantly larger than PRFD — larger funds tend to be more liquid and less likely to close.
  • PRFD covers global markets; PGX covers north america.
  • PRFD follows a active selection strategy; PGX uses index tracking.
  • Over the last 3 years, PRFD has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PRFDPGX
Annual cost (TER)0.73%0.50%
Fund size (AUM)$212M$3.9B
Since20232008
Dividend yield5.70%6.16%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+8.5%+6.9%
CAGR 3Y+9.7%+5.9%
CAGR 5YN/A-0.4%
Sharpe 3Y1.520.29
Volatility 1Y3.21%6.09%
Max drawdown-11.93%-34.10%

Similar to PRFD and PGX