PGX Alternatives & Similar ETFs

Invesco Preferred ETF (PGX) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PGX

PGX charges 0.50% annually. There are 13 ETFs in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.48B	Jun 2015	PGX vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	PGX vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	304.58M	Jun 2020	PGX vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.04M	Mar 2026	PGX vs EVPF
PFXF	VanEck Preferred Securities ex Financials ETF	0.40%	2.44B	Jul 2012	PGX vs PFXF

Best Risk-Adjusted Alternatives to PGX

PGX has a PortfoliosLab risk / return rank of 14. There are 23 ETFs in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 79.

Symbol	Name	Risk / Return Rank	AUM	Inception
NPFI	Nuveen Preferred And Income ETF	79	168.85M	Mar 2024	PGX vs NPFI
ICVT	iShares Convertible Bond ETF	76	7.48B	Jun 2015	PGX vs ICVT
PFLD	AAM Low Duration Preferred and Income Securities E...	73	487.73M	Nov 2019	PGX vs PFLD
FPEI	First Trust Institutional Preferred Securities & I...	73	1.92B	Aug 2017	PGX vs FPEI
VRP	Invesco Variable Rate Preferred ETF	73	2.99B	May 2014	PGX vs VRP

Top Performing PGX Alternatives (YTD)

PGX is at -0.74% YTD. There are 25 ETFs in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 18.95%.

Symbol	Name	YTD Return	AUM	Inception
ICVT	iShares Convertible Bond ETF	18.95%	7.48B	Jun 2015	PGX vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	18.52%	116.40M	Nov 2015	PGX vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	17.27%	6.03B	Apr 2009	PGX vs CWB
SPFF	Global X SuperIncome Preferred ETF	3.46%	140.39M	Jul 2012	PGX vs SPFF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.14%	65.77M	Feb 2025	PGX vs CSPF

Lowest Volatility Alternatives to PGX

PGX has 6.03% 1-year volatility. There are 17 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 2.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
NPFI	Nuveen Preferred And Income ETF	2.90%	168.85M	Mar 2024	PGX vs NPFI
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.99B	May 2014	PGX vs VRP
FPFD	Fidelity Preferred Securities & Income ETF	2.97%	81.24M	Jun 2021	PGX vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.03%	17.00M	Dec 2025	PGX vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.13%	1.70B	Jul 2017	PGX vs PREF

Lowest Drawdown Alternatives to PGX

PGX has a 1-year max drawdown of -4.98%. There are 15 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	PGX vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	PGX vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	81.24M	Jun 2021	PGX vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	PGX vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.99B	May 2014	PGX vs VRP

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
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	PGX vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	62	26.03%	22.01B	Oct 2015	PGX vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	59	16.16%	100.59B	Oct 2020	PGX vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	58	12.75%	96.24B	Apr 2003	PGX vs RSP
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	92	74.43%	2.58B	Jun 2021	PGX vs SOXQ
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	40	3.75%	10.85B	May 2005	PGX vs XLG
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	65	16.39%	20.11B	Dec 2005	PGX vs SPHQ
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	37	11.46%	3.29B	Oct 2012	PGX vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	50	14.98%	7.45B	Mar 2005	PGX vs XMMO
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	35	9.54%	8.22B	Oct 2005	PGX vs PPA

Often Compared With PGX

Investors most often compare PGX with PFF, PGF, PFFA. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	15	0.49%	13.39B	Mar 2007	PGX vs PFF
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	14	-0.22%	685.65M	Dec 2006	PGX vs PGF
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	34	1.63%	2.45B	May 2018	PGX vs PFFA
DIV	Global X SuperDividend U.S. ETF	Mid Cap Value Equities, Dividend	60	15.81%	763.44M	Mar 2013	PGX vs DIV
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	56	1.18%	6.35B	Feb 2013	PGX vs FPE
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	34	3.30%	45.17B	May 2020	PGX vs JEPI
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	86	20.66%	98.55B	Oct 2011	PGX vs SCHD
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	8	-3.66%	421.36M	Dec 2010	PGX vs KBWD
PCEF	Invesco CEF Income Composite ETF	Diversified Portfolio	45	6.09%	829.93M	Feb 2010	PGX vs PCEF
PSK	SPDR ICE Preferred Securities ETF	Preferred Stock/Convertible Bonds	11	-0.74%	702.10M	Sep 2009	PGX vs PSK
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	PGX vs SPY
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	54	14.99%	7.40B	Oct 2015	PGX vs SPYD
FFC	Flaherty & Crumrine Preferred Securities Income Fu...		61	1.89%	—	—	PGX vs FFC
VSGBX	Vanguard Short-Term Federal Fund Investor Shares	Total Bond Market	55	0.54%	4.50B	Dec 1987	PGX vs VSGBX
SMLD.DE	Invesco Morningstar US Energy Infrastructure MLP U...	Energy Equities	40	23.78%	—	May 2013	PGX vs SMLD.DE
JMLP.DE	HANetf Alerian Midstream Energy Dividend UCITS ETF	Energy Equities	67	30.88%	—	Jul 2020	PGX vs JMLP.DE
BBN	BlackRock Taxable Municipal Bond Trust	Municipal Bonds	16	1.43%	—	Aug 2010	PGX vs BBN
PZA	Invesco National AMT-Free Municipal Bond ETF	Municipal Bonds	81	2.79%	4.28B	Oct 2007	PGX vs PZA
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	63	1.70%	69.50M	Jun 2020	PGX vs PQDI
AGG	iShares Core U.S. Aggregate Bond ETF	Total Bond Market	32	-0.22%	138.36B	Sep 2003	PGX vs AGG

Compare PGX with Any Fund or Stock

Compare PGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PGX with funds that move differently

Invesco Preferred ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGX.

Explore PGX Diversifiers

Invesco Preferred ETF (PGX) Alternatives