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SCIO vs PFIG

First Trust Structured Credit Income Opportunities ETF vs Invesco Fundamental Investment Grade Corporate Bond ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

PFIG

Invesco Fundamental Investment Grade Corporate Bond ETF

Invesco

Annual cost

0.22%

Fund size

$113M

Key differences

  • PFIG costs 0.48% less per year.
  • SCIO is significantly larger than PFIG — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while PFIG is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; PFIG uses index tracking.
  • PFIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOPFIG
Annual cost (TER)0.70%0.22%
Fund size (AUM)$357M$113M
Since20242011
Dividend yield6.09%4.37%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+5.5%
CAGR 3YN/A+5.3%
CAGR 5YN/A+1.5%
Sharpe 3YN/A0.40
Volatility 1Y3.83%3.09%
Max drawdown-1.72%-15.73%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SCIO and PFIG