PGF vs. AAPL
Compare and contrast key facts about Invesco Financial Preferred ETF (PGF) and Apple Inc. (AAPL).
PGF is a passively managed fund by Invesco that tracks the performance of the Wachovia Hybrid & Preferred Securities Financial Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGF or AAPL.
Key characteristics
| PGF | AAPL | |
|---|---|---|
| YTD Return | 2.28% | -11.95% |
| 1Y Return | 8.05% | 0.99% |
| 3Y Return (Ann) | -3.03% | 9.44% |
| 5Y Return (Ann) | 0.79% | 27.21% |
| 10Y Return (Ann) | 3.47% | 24.73% |
| Sharpe Ratio | 0.49 | 0.02 |
| Daily Std Dev | 11.83% | 19.69% |
| Max Drawdown | -75.69% | -81.80% |
| Current Drawdown | -11.43% | -14.43% |
Correlation
The correlation between PGF and AAPL is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PGF vs. AAPL - Performance Comparison
In the year-to-date period, PGF achieves a 2.28% return, which is significantly higher than AAPL's -11.95% return. Over the past 10 years, PGF has underperformed AAPL with an annualized return of 3.47%, while AAPL has yielded a comparatively higher 24.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PGF vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Financial Preferred ETF (PGF) and Apple Inc. (AAPL). 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
PGF vs. AAPL - Dividend Comparison
PGF's dividend yield for the trailing twelve months is around 6.33%, more than AAPL's 0.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGF Invesco Financial Preferred ETF | 6.33% | 6.15% | 5.95% | 4.68% | 4.91% | 5.14% | 5.73% | 5.32% | 5.92% | 5.60% | 5.92% | 6.64% |
AAPL Apple Inc. | 0.57% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
PGF vs. AAPL - Drawdown Comparison
The maximum PGF drawdown since its inception was -75.69%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for PGF and AAPL. For additional features, visit the drawdowns tool.
Volatility
PGF vs. AAPL - Volatility Comparison
The current volatility for Invesco Financial Preferred ETF (PGF) is 3.70%, while Apple Inc. (AAPL) has a volatility of 6.88%. This indicates that PGF experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.