PRFD vs VRP

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

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

Annual cost

0.73%

Fund size

$212M

Invesco Variable Rate Preferred ETF

Annual cost

0.50%

Fund size

$2.6B

Key differences

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

PGX

Invesco Preferred ETF

PGF

Invesco Financial Preferred ETF

PFF

iShares Preferred and Income Securities ETF

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