EVPF vs. PGX
EVPF (Eaton Vance Preferred Securities and Income ETF) and PGX (Invesco Preferred ETF) are both Preferred Stock funds. EVPF is actively managed, while PGX is passively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. EVPF charges 0.39%/yr vs 0.50%/yr for PGX.
Performance
EVPF vs. PGX - Performance Comparison
Loading charts...
Returns By Period
EVPF
- 1D
- 0.16%
- 1M
- -0.49%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PGX
- 1D
- -0.09%
- 1M
- -0.81%
- 6M
- -2.93%
- YTD
- -1.09%
- 1Y
- 0.92%
- 3Y*
- 4.24%
- 5Y*
- -1.12%
- 10Y*
- 2.06%
- ALL TIME*
- 2.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $219.09K | $314.39K | $349.89K | |
| $32.98M | $30.15M | $28.71M |
EVPF vs. PGX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.26% |
PGX Invesco Preferred ETF | -3.56% |
Correlation
The correlation between EVPF and PGX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026 | 0.75 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EVPF vs. PGX — Risk / Return Rank
EVPF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PGX
EVPF vs. PGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Preferred Securities and Income ETF (EVPF) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EVPF | PGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.02 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.13 | — |
| Martin ratioReturn relative to average drawdown | — | 0.24 | — |
Loading charts...
Drawdowns
EVPF vs. PGX - Drawdown Comparison
The maximum EVPF drawdown since its inception was -2.36%, smaller than the maximum PGX drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for EVPF and PGX.
Loading charts...
Drawdown Indicators
| EVPF | PGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -66.44% | +64.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.17% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.10% | — |
Current DrawdownCurrent decline from peak | -0.74% | -6.16% | +5.42% |
Average DrawdownAverage peak-to-trough decline | -0.45% | -8.11% | +7.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.71% | — |
Volatility
EVPF vs. PGX - Volatility Comparison
Loading charts...
Volatility by Period
| EVPF | PGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.77% | 5.97% | -2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.77% | 11.12% | -7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.77% | 13.02% | -9.25% |
EVPF vs. PGX - Expense Ratio Comparison
EVPF has a 0.39% expense ratio, which is lower than PGX's 0.50% expense ratio.
Dividends
EVPF vs. PGX - Dividend Comparison
EVPF's dividend yield for the trailing twelve months is around 2.10%, less than PGX's 6.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PGX Invesco Preferred ETF | 6.39% | 6.03% | 5.95% | 6.42% | 6.29% | 4.82% | 4.89% | 4.85% | 6.09% | 5.66% | 6.02% | 5.84% |
Frequently Asked Questions
EVPF and PGX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EVPF is cheaper with a 0.39% expense ratio, compared with 0.50% for PGX.
PGX has the higher dividend yield at 6.39%, compared with 2.10% for EVPF.
They also come from different issuers: Eaton Vance and Invesco. Their fees differ too: 0.39% for EVPF and 0.50% for PGX.
Find the right allocation for EVPF and PGX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer