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PGX vs. PFXF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PGX and PFXF is 0.40, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

PGX vs. PFXF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Preferred ETF (PGX) and VanEck Vectors Preferred Securities ex Financials ETF (PFXF). The values are adjusted to include any dividend payments, if applicable.

50.00%60.00%70.00%80.00%90.00%NovemberDecember2025FebruaryMarchApril
57.28%
77.11%
PGX
PFXF

Key characteristics

Sharpe Ratio

PGX:

0.19

PFXF:

0.32

Sortino Ratio

PGX:

0.34

PFXF:

0.51

Omega Ratio

PGX:

1.04

PFXF:

1.06

Calmar Ratio

PGX:

0.14

PFXF:

0.27

Martin Ratio

PGX:

0.45

PFXF:

1.02

Ulcer Index

PGX:

4.14%

PFXF:

3.19%

Daily Std Dev

PGX:

9.79%

PFXF:

10.36%

Max Drawdown

PGX:

-66.40%

PFXF:

-35.49%

Current Drawdown

PGX:

-10.13%

PFXF:

-6.40%

Returns By Period

In the year-to-date period, PGX achieves a -1.98% return, which is significantly higher than PFXF's -3.02% return. Over the past 10 years, PGX has underperformed PFXF with an annualized return of 2.76%, while PFXF has yielded a comparatively higher 3.84% annualized return.


PGX

YTD

-1.98%

1M

-2.23%

6M

-6.47%

1Y

3.03%

5Y*

1.00%

10Y*

2.76%

PFXF

YTD

-3.02%

1M

-2.32%

6M

-4.85%

1Y

4.24%

5Y*

4.81%

10Y*

3.84%

*Annualized

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PGX vs. PFXF - Expense Ratio Comparison

PGX has a 0.52% expense ratio, which is higher than PFXF's 0.41% expense ratio.


Expense ratio chart for PGX: current value is 0.52%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PGX: 0.52%
Expense ratio chart for PFXF: current value is 0.41%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PFXF: 0.41%

Risk-Adjusted Performance

PGX vs. PFXF — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGX
The Risk-Adjusted Performance Rank of PGX is 3030
Overall Rank
The Sharpe Ratio Rank of PGX is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of PGX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of PGX is 2626
Omega Ratio Rank
The Calmar Ratio Rank of PGX is 3232
Calmar Ratio Rank
The Martin Ratio Rank of PGX is 2929
Martin Ratio Rank

PFXF
The Risk-Adjusted Performance Rank of PFXF is 4040
Overall Rank
The Sharpe Ratio Rank of PFXF is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of PFXF is 3939
Sortino Ratio Rank
The Omega Ratio Rank of PFXF is 3636
Omega Ratio Rank
The Calmar Ratio Rank of PFXF is 4343
Calmar Ratio Rank
The Martin Ratio Rank of PFXF is 4141
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PGX vs. PFXF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Preferred ETF (PGX) and VanEck Vectors Preferred Securities ex Financials ETF (PFXF). 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.


The chart of Sharpe ratio for PGX, currently valued at 0.19, compared to the broader market-1.000.001.002.003.004.00
PGX: 0.19
PFXF: 0.32
The chart of Sortino ratio for PGX, currently valued at 0.34, compared to the broader market-2.000.002.004.006.008.00
PGX: 0.34
PFXF: 0.51
The chart of Omega ratio for PGX, currently valued at 1.04, compared to the broader market0.501.001.502.002.50
PGX: 1.04
PFXF: 1.06
The chart of Calmar ratio for PGX, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.00
PGX: 0.14
PFXF: 0.27
The chart of Martin ratio for PGX, currently valued at 0.45, compared to the broader market0.0020.0040.0060.00
PGX: 0.45
PFXF: 1.02

The current PGX Sharpe Ratio is 0.19, which is lower than the PFXF Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of PGX and PFXF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.19
0.32
PGX
PFXF

Dividends

PGX vs. PFXF - Dividend Comparison

PGX's dividend yield for the trailing twelve months is around 6.18%, less than PFXF's 7.75% yield.


TTM20242023202220212020201920182017201620152014
PGX
Invesco Preferred ETF
6.18%5.95%6.42%6.29%4.82%4.89%5.31%6.09%5.66%6.02%5.84%5.98%
PFXF
VanEck Vectors Preferred Securities ex Financials ETF
7.75%7.82%7.88%6.74%4.66%5.19%5.34%6.56%5.93%5.81%5.99%5.91%

Drawdowns

PGX vs. PFXF - Drawdown Comparison

The maximum PGX drawdown since its inception was -66.40%, which is greater than PFXF's maximum drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for PGX and PFXF. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.13%
-6.40%
PGX
PFXF

Volatility

PGX vs. PFXF - Volatility Comparison

The current volatility for Invesco Preferred ETF (PGX) is 3.87%, while VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a volatility of 6.81%. This indicates that PGX experiences smaller price fluctuations and is considered to be less risky than PFXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
3.87%
6.81%
PGX
PFXF