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PRFD vs PGX
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund vs Invesco Preferred ETF
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
| PRFD | PGX | |
|---|---|---|
| Annual cost (TER) | 0.73% | 0.50% |
| Fund size (AUM) | $212M | $3.9B |
| Since | 2023 | 2008 |
| Dividend yield | 5.70% | 6.16% |
| Asset class | fixed income | fixed income |
| Region | global | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +8.5% | +6.9% |
| CAGR 3Y | +9.7% | +5.9% |
| CAGR 5Y | N/A | -0.4% |
| Sharpe 3Y | 1.52 | 0.29 |
| Volatility 1Y | 3.21% | 6.09% |
| Max drawdown | -11.93% | -34.10% |
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