PGF vs. SVOL
Compare and contrast key facts about Invesco Financial Preferred ETF (PGF) and Simplify Volatility Premium ETF (SVOL).
PGF and SVOL 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. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGF or SVOL.
Key characteristics
| PGF | SVOL | |
|---|---|---|
| YTD Return | 10.05% | 9.71% |
| 1Y Return | 16.29% | 13.02% |
| 3Y Return (Ann) | -1.00% | 8.83% |
| Sharpe Ratio | 1.79 | 1.11 |
| Sortino Ratio | 2.50 | 1.49 |
| Omega Ratio | 1.34 | 1.28 |
| Calmar Ratio | 0.96 | 1.21 |
| Martin Ratio | 9.41 | 7.91 |
| Ulcer Index | 1.84% | 1.67% |
| Daily Std Dev | 9.66% | 11.94% |
| Max Drawdown | -75.69% | -15.68% |
| Current Drawdown | -4.70% | -0.05% |
Correlation
The correlation between PGF and SVOL is 0.44, 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
PGF vs. SVOL - Performance Comparison
The year-to-date returns for both stocks are quite close, with PGF having a 10.05% return and SVOL slightly lower at 9.71%. 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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PGF vs. SVOL - Expense Ratio Comparison
PGF has a 0.62% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
PGF vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Financial Preferred ETF (PGF) and Simplify Volatility Premium ETF (SVOL). 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. SVOL - Dividend Comparison
PGF's dividend yield for the trailing twelve months is around 6.26%, less than SVOL's 16.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGF Invesco Financial Preferred ETF | 6.26% | 6.14% | 5.97% | 4.67% | 4.90% | 5.14% | 5.74% | 5.32% | 5.92% | 5.60% | 5.92% | 6.63% |
SVOL Simplify Volatility Premium ETF | 16.29% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PGF vs. SVOL - Drawdown Comparison
The maximum PGF drawdown since its inception was -75.69%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for PGF and SVOL. For additional features, visit the drawdowns tool.
Volatility
PGF vs. SVOL - Volatility Comparison
Invesco Financial Preferred ETF (PGF) and Simplify Volatility Premium ETF (SVOL) have volatilities of 3.54% and 3.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.