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SCIO vs PGX

First Trust Structured Credit Income Opportunities ETF vs Invesco Preferred ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.20% less per year.
  • PGX is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; PGX uses index tracking.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOPGX
Annual cost (TER)0.70%0.50%
Fund size (AUM)$357M$3.9B
Since20242008
Dividend yield6.09%6.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+7.3%
CAGR 3YN/A+6.1%
CAGR 5YN/A-0.3%
Sharpe 3YN/A0.31
Volatility 1Y3.83%6.14%
Max drawdown-1.72%-34.10%

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

Similar to SCIO and PGX