DIV vs. PGX
Compare and contrast key facts about Global X SuperDividend U.S. ETF (DIV) and Invesco Preferred ETF (PGX).
DIV and PGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIV is a passively managed fund by Global X that tracks the performance of the INDXX SuperDividend U.S. Low Volatility Index. It was launched on Mar 11, 2013. PGX is a passively managed fund by Invesco that tracks the performance of the BofA Merrill Lynch Core Fixed Rate Preferred Securities Index. It was launched on Jan 31, 2008. Both DIV and PGX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIV or PGX.
Correlation
The correlation between DIV and PGX is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DIV vs. PGX - Performance Comparison
Key characteristics
DIV:
0.52
PGX:
-0.07
DIV:
0.74
PGX:
-0.04
DIV:
1.11
PGX:
1.00
DIV:
0.52
PGX:
-0.05
DIV:
2.77
PGX:
-0.20
DIV:
2.37%
PGX:
3.65%
DIV:
12.63%
PGX:
9.70%
DIV:
-52.74%
PGX:
-66.40%
DIV:
-8.30%
PGX:
-10.58%
Returns By Period
The year-to-date returns for both investments are quite close, with DIV having a -2.52% return and PGX slightly higher at -2.47%. Over the past 10 years, DIV has underperformed PGX with an annualized return of 1.86%, while PGX has yielded a comparatively higher 2.73% annualized return.
DIV
-2.52%
-6.36%
-3.47%
7.30%
15.44%
1.86%
PGX
-2.47%
-4.10%
-7.67%
-1.31%
3.20%
2.73%
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DIV vs. PGX - Expense Ratio Comparison
DIV has a 0.45% expense ratio, which is lower than PGX's 0.52% expense ratio.
Risk-Adjusted Performance
DIV vs. PGX — Risk-Adjusted Performance Rank
DIV
PGX
DIV vs. PGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend U.S. ETF (DIV) and Invesco Preferred ETF (PGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DIV vs. PGX - Dividend Comparison
DIV's dividend yield for the trailing twelve months is around 6.61%, more than PGX's 6.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIV Global X SuperDividend U.S. ETF | 6.61% | 6.22% | 7.14% | 6.62% | 5.26% | 8.04% | 7.67% | 7.09% | 5.95% | 6.80% | 8.40% | 5.34% |
PGX Invesco Preferred ETF | 6.19% | 5.95% | 6.42% | 6.29% | 4.82% | 4.89% | 5.31% | 6.09% | 5.66% | 6.02% | 5.84% | 5.98% |
Drawdowns
DIV vs. PGX - Drawdown Comparison
The maximum DIV drawdown since its inception was -52.74%, smaller than the maximum PGX drawdown of -66.40%. Use the drawdown chart below to compare losses from any high point for DIV and PGX. For additional features, visit the drawdowns tool.
Volatility
DIV vs. PGX - Volatility Comparison
Global X SuperDividend U.S. ETF (DIV) has a higher volatility of 6.93% compared to Invesco Preferred ETF (PGX) at 2.20%. This indicates that DIV's price experiences larger fluctuations and is considered to be riskier than PGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.