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YLD vs PGX

Principal Active High Yield ETF vs Invesco Preferred ETF

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$524M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • YLD costs 0.11% less per year.
  • PGX is significantly larger than YLD — larger funds tend to be more liquid and less likely to close.
  • YLD is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • YLD covers global markets; PGX covers north america.
  • YLD follows a multi strategy strategy; PGX uses index tracking.
  • Over the last 3 years, YLD has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

YLDPGX
Annual cost (TER)0.39%0.50%
Fund size (AUM)$524M$3.9B
Since20152008
Dividend yield7.31%6.16%
Asset classalternativefixed income
Regionglobalnorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.1%+6.9%
CAGR 3Y+9.1%+5.9%
CAGR 5Y+5.1%-0.4%
Sharpe 3Y0.930.29
Volatility 1Y4.33%6.09%
Max drawdown-28.34%-34.10%

Similar to YLD and PGX