Invesco CEF Income Composite ETF (PCEF) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PCEF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PCEF
PCEF charges 2.71% annually. There are 70 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 167.39M | Dec 2025 | PCEF vs CTAP | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 809.63M | Nov 2008 | PCEF vs AOK | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.21B | Nov 2008 | PCEF vs AOA | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.67B | Nov 2008 | PCEF vs AOR | |
| iShares ESG Aware Moderate Allocation ETF | 0.18% | 8.57M | Jun 2020 | PCEF vs EAOM |
Best Risk-Adjusted Alternatives to PCEF
PCEF has a PortfoliosLab risk / return rank of 44. There are 47 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 87 | 1.65B | Jun 2023 | PCEF vs INCM | |
| Avantis Moderate Allocation ETF | 83 | 76.06M | Jun 2023 | PCEF vs AVMA | |
| iShares Morningstar Multi-Asset Income ETF | 82 | 124.92M | Apr 2012 | PCEF vs IYLD | |
| Brookstone Yield ETF | 80 | 44.82M | Sep 2023 | PCEF vs BAMY | |
| Alpha Architect High Inflation And Deflation ETF | 79 | 100.05M | Nov 2022 | PCEF vs HIDE |
Top Performing PCEF Alternatives (YTD)
PCEF is at 6.32% YTD. There are 42 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 38.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 38.56% | 16.56M | Nov 2021 | PCEF vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 23.16% | 55.78M | May 2021 | PCEF vs NTSE | |
| STF Tactical Growth ETF | 17.39% | 41.36M | May 2022 | PCEF vs TUG | |
| STF Tactical Growth & Income ETF | 17.34% | 76.94M | May 2022 | PCEF vs TUGN | |
| Myriad Dynamic Asset Allocation ETF | 16.65% | 444.94M | Oct 2025 | PCEF vs MDAA |
Lowest Volatility Alternatives to PCEF
PCEF has 9.00% 1-year volatility. There are 28 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | PCEF vs ASET | |
| Prospera Income ETF | 2.87% | 2.20M | Sep 2025 | PCEF vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.32% | 99.40M | Aug 2014 | PCEF vs HISF | |
| Mindful Conservative ETF | 4.25% | 26.13M | Nov 2021 | PCEF vs MFUL | |
| Brookstone Yield ETF | 4.50% | 44.82M | Sep 2023 | PCEF vs BAMY |
Lowest Drawdown Alternatives to PCEF
PCEF has a 1-year max drawdown of -8.30%. There are 50 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.48%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookstone Yield ETF | -2.48% | 44.82M | Sep 2023 | PCEF vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 99.40M | Aug 2014 | PCEF vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.65B | Jun 2023 | PCEF vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 100.05M | Nov 2022 | PCEF vs HIDE | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | PCEF vs MFUL |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 61 | 17.43% | 481.14B | Mar 1999 | PCEF vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 65 | 28.67% | 22.01B | Oct 2015 | PCEF vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 61 | 17.45% | 100.59B | Oct 2020 | PCEF vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 56 | 12.34% | 96.24B | Apr 2003 | PCEF vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 79.01% | 2.58B | Jun 2021 | PCEF vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 41 | 4.48% | 10.85B | May 2005 | PCEF vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.67% | 20.11B | Dec 2005 | PCEF vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 36 | 11.04% | 3.29B | Oct 2012 | PCEF vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 51 | 16.50% | 7.45B | Mar 2005 | PCEF vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 32 | 9.74% | 8.22B | Oct 2005 | PCEF vs PPA |
Often Compared With PCEF
Investors most often compare PCEF with YYY, UTF, PFFA. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PCEF with Any Fund or Stock
Compare PCEF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PCEF with funds that move differently
Invesco CEF Income Composite ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PCEF.
Explore PCEF Diversifiers