PGX Alternatives & Similar ETFs

Invesco Preferred ETF (PGX) belongs to the Preferred Stock 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 11 ETFs in the Preferred Stock category with lower expense ratios, going as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
PFFD	Global X U.S. Preferred ETF	0.23%	2.16B	Sep 2017	PGX vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	305.03M	Jun 2020	PGX vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	36.71M	Mar 2026	PGX vs EVPF
PFXF	VanEck Preferred Securities ex Financials ETF	0.40%	2.41B	Jul 2012	PGX vs PFXF
PFLD	AAM Low Duration Preferred and Income Securities E...	0.45%	487.73M	Nov 2019	PGX vs PFLD

Best Risk-Adjusted Alternatives to PGX

PGX has a PortfoliosLab risk / return rank of 14. There are 21 ETFs in the Preferred Stock category with higher risk-adjusted ranks, going as high as 76.

Symbol	Name	Risk / Return Rank	AUM	Inception
NPFI	Nuveen Preferred And Income ETF	76	174.03M	Mar 2024	PGX vs NPFI
FPEI	First Trust Institutional Preferred Securities & I...	74	1.93B	Aug 2017	PGX vs FPEI
PFLD	AAM Low Duration Preferred and Income Securities E...	73	487.73M	Nov 2019	PGX vs PFLD
VRP	Invesco Variable Rate Preferred ETF	72	3.00B	May 2014	PGX vs VRP
CSPF	Cohen & Steers Preferred and Income Opportunities ...	71	65.77M	Feb 2025	PGX vs CSPF

Top Performing PGX Alternatives (YTD)

PGX is at -0.90% YTD. There are 22 ETFs in the Preferred Stock category with higher YTD returns, going as high as 5.42%.

Symbol	Name	YTD Return	AUM	Inception
SPFF	Global X SuperIncome Preferred ETF	5.42%	140.63M	Jul 2012	PGX vs SPFF
PFXF	VanEck Preferred Securities ex Financials ETF	4.43%	2.41B	Jul 2012	PGX vs PFXF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.34%	65.77M	Feb 2025	PGX vs CSPF
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.22%	17.00M	Dec 2025	PGX vs CSSD
PFFV	Global X Variable Rate Preferred ETF	3.04%	305.03M	Jun 2020	PGX vs PFFV

Lowest Volatility Alternatives to PGX

PGX has 5.90% 1-year volatility. There are 17 ETFs in the Preferred Stock category with lower 1-year volatility, going as low as 2.94%.

Symbol	Name	Volatility 1Y	AUM	Inception
VRP	Invesco Variable Rate Preferred ETF	2.94%	3.00B	May 2014	PGX vs VRP
NPFI	Nuveen Preferred And Income ETF	2.95%	174.03M	Mar 2024	PGX vs NPFI
CSSD	Cohen & Steers Short Duration Preferred and Income...	2.96%	17.00M	Dec 2025	PGX vs CSSD
FPFD	Fidelity Preferred Securities & Income ETF	2.99%	81.24M	Jun 2021	PGX vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	3.12%	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 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%	3.00B	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 $453B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	58	14.23%	452.80B	Mar 1999	PGX vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	51	22.35%	21.05B	Oct 2015	PGX vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	59	14.26%	97.11B	Oct 2020	PGX vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	79	14.26%	96.96B	Apr 2003	PGX vs RSP
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	88	61.64%	2.58B	Jun 2021	PGX vs SOXQ
SPHQ	Invesco S&P 500 Quality ETF	Quality Factor, S&P 500, Large Cap Blend Equities	65	14.14%	19.45B	Dec 2005	PGX vs SPHQ
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	45	4.68%	10.56B	May 2005	PGX vs XLG
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Low Volatility	55	12.76%	4.04B	Oct 2012	PGX vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	44	13.32%	7.18B	Mar 2005	PGX vs XMMO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	58	11.63%	4.08B	Feb 2012	PGX vs IDMO

Often Compared With PGX

Investors most often compare PGX with PFF, PGF, PFFA. These 20 comparison targets span 12 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	24	1.86%	13.15B	Mar 2007	PGX vs PFF
PGF	Invesco Financial Preferred ETF	Preferred Stock	16	-0.20%	673.46M	Dec 2006	PGX vs PGF
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock	33	1.89%	2.45B	May 2018	PGX vs PFFA
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock	55	1.13%	6.32B	Feb 2013	PGX vs FPE
DIV	Global X SuperDividend U.S. ETF	Mid Cap Value Equities, Dividend	85	17.72%	783.77M	Mar 2013	PGX vs DIV
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	56	5.04%	45.80B	May 2020	PGX vs JEPI
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	PGX vs SCHD
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	13	-3.08%	405.49M	Dec 2010	PGX vs KBWD
PCEF	Invesco CEF Income Composite ETF	Diversified Portfolio	46	5.87%	801.05M	Feb 2010	PGX vs PCEF
PSK	SPDR ICE Preferred Securities ETF	Preferred Stock	11	-0.90%	691.70M	Sep 2009	PGX vs PSK
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	PGX vs SPY
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	81	17.73%	8.75B	Oct 2015	PGX vs SPYD
FFC	Flaherty & Crumrine Preferred Securities Income Fu...		64	2.48%	—	—	PGX vs FFC
VSGBX	Vanguard Short-Term Federal Fund Investor Shares	Total Bond Market	50	0.34%	4.50B	Dec 1987	PGX vs VSGBX
SMLD.DE	Invesco Morningstar US Energy Infrastructure MLP U...	Infrastructure Equities, Energy Equities	50	27.19%	—	May 2013	PGX vs SMLD.DE
BBN	BlackRock Taxable Municipal Bond Trust	Municipal Bonds	9	1.17%	—	Aug 2010	PGX vs BBN
JMLP.DE	HANetf Alerian Midstream Energy Dividend UCITS ETF	Energy Equities	66	31.79%	—	Jul 2020	PGX vs JMLP.DE
PZA	Invesco National AMT-Free Municipal Bond ETF	Municipal Bonds	65	0.79%	4.22B	Oct 2007	PGX vs PZA
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock	60	1.64%	70.10M	Jun 2020	PGX vs PQDI
FCVT	First Trust SSI Strategic Convertible Securities E...	Convertible Bonds	61	17.32%	100.83M	Nov 2015	PGX vs FCVT

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