PGF vs. PFFD
Compare and contrast key facts about Invesco Financial Preferred ETF (PGF) and Global X U.S. Preferred ETF (PFFD).
PGF and PFFD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. PFFD is a passively managed fund by Global X that tracks the performance of the ICE BofAML Diversified Core U.S. Preferred Securities Index. It was launched on Sep 11, 2017. Both PGF and PFFD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PGF vs. PFFD - Performance Comparison
Loading graphics...
PGF vs. PFFD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGF Invesco Financial Preferred ETF | -1.24% | 3.40% | 6.01% | 7.73% | -19.22% | 2.65% | 7.23% | 14.55% | -2.82% | 0.96% |
PFFD Global X U.S. Preferred ETF | -1.68% | 3.22% | 7.07% | 6.85% | -20.20% | 5.07% | 8.90% | 17.43% | -3.94% | 0.85% |
Returns By Period
In the year-to-date period, PGF achieves a -1.24% return, which is significantly higher than PFFD's -1.68% return.
PGF
- 1D
- 0.16%
- 1M
- -3.40%
- YTD
- -1.24%
- 6M
- -2.95%
- 1Y
- 2.50%
- 3Y*
- 4.48%
- 5Y*
- -0.61%
- 10Y*
- 2.53%
PFFD
- 1D
- 0.88%
- 1M
- -3.92%
- YTD
- -1.68%
- 6M
- -2.29%
- 1Y
- 2.93%
- 3Y*
- 3.89%
- 5Y*
- -0.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PGF vs. PFFD - Expense Ratio Comparison
PGF has a 0.62% expense ratio, which is higher than PFFD's 0.23% expense ratio.
Return for Risk
PGF vs. PFFD — Risk / Return Rank
PGF
PFFD
PGF vs. PFFD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Financial Preferred ETF (PGF) and Global X U.S. Preferred ETF (PFFD). 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.
| PGF | PFFD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.33 | 0.35 | -0.02 |
Sortino ratioReturn per unit of downside risk | 0.50 | 0.54 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.07 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.41 | 0.41 | 0.00 |
Martin ratioReturn relative to average drawdown | 0.93 | 1.20 | -0.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PGF | PFFD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 0.35 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | -0.05 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.17 | -0.02 |
Correlation
The correlation between PGF and PFFD is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PGF vs. PFFD - Dividend Comparison
PGF's dividend yield for the trailing twelve months is around 6.39%, less than PFFD's 6.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGF Invesco Financial Preferred ETF | 6.39% | 6.30% | 6.24% | 6.15% | 5.95% | 4.68% | 4.91% | 5.14% | 5.73% | 5.32% | 5.92% | 5.68% |
PFFD Global X U.S. Preferred ETF | 6.52% | 6.37% | 6.42% | 6.49% | 6.63% | 5.09% | 5.17% | 5.48% | 6.21% | 1.94% | 0.00% | 0.00% |
Drawdowns
PGF vs. PFFD - Drawdown Comparison
The maximum PGF drawdown since its inception was -75.69%, which is greater than PFFD's maximum drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for PGF and PFFD.
Loading graphics...
Drawdown Indicators
| PGF | PFFD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -30.93% | -44.76% |
Max Drawdown (1Y)Largest decline over 1 year | -4.69% | -5.97% | +1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -23.41% | -24.45% | +1.04% |
Max Drawdown (10Y)Largest decline over 10 years | -28.92% | — | — |
Current DrawdownCurrent decline from peak | -6.26% | -7.42% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -7.03% | -6.64% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.04% | +0.03% |
Volatility
PGF vs. PFFD - Volatility Comparison
The current volatility for Invesco Financial Preferred ETF (PGF) is 2.26%, while Global X U.S. Preferred ETF (PFFD) has a volatility of 2.94%. This indicates that PGF experiences smaller price fluctuations and is considered to be less risky than PFFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PGF | PFFD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 2.94% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 4.39% | 5.61% | -1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.69% | 8.41% | -0.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.35% | 10.95% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.99% | 12.84% | -0.85% |