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

Correlation

The correlation between PSK and PGX is 0.41, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

PSK vs. PGX - Performance Comparison

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

95.00%100.00%105.00%110.00%115.00%120.00%125.00%130.00%NovemberDecember2025FebruaryMarchApril
104.08%
112.87%
PSK
PGX

Key characteristics

Sharpe Ratio

PSK:

0.06

PGX:

0.19

Sortino Ratio

PSK:

0.15

PGX:

0.34

Omega Ratio

PSK:

1.02

PGX:

1.04

Calmar Ratio

PSK:

0.05

PGX:

0.14

Martin Ratio

PSK:

0.14

PGX:

0.45

Ulcer Index

PSK:

3.88%

PGX:

4.14%

Daily Std Dev

PSK:

9.49%

PGX:

9.79%

Max Drawdown

PSK:

-30.10%

PGX:

-66.40%

Current Drawdown

PSK:

-9.31%

PGX:

-10.13%

Returns By Period

In the year-to-date period, PSK achieves a -1.52% return, which is significantly higher than PGX's -1.98% return. Over the past 10 years, PSK has underperformed PGX with an annualized return of 2.56%, while PGX has yielded a comparatively higher 2.79% annualized return.


PSK

YTD

-1.52%

1M

-1.69%

6M

-5.87%

1Y

1.84%

5Y*

0.51%

10Y*

2.56%

PGX

YTD

-1.98%

1M

-1.97%

6M

-6.47%

1Y

3.03%

5Y*

0.95%

10Y*

2.79%

*Annualized

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PSK vs. PGX - Expense Ratio Comparison

PSK has a 0.45% expense ratio, which is lower than PGX's 0.52% 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 PSK: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PSK: 0.45%

Risk-Adjusted Performance

PSK vs. PGX — Risk-Adjusted Performance Rank

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

PSK
The Risk-Adjusted Performance Rank of PSK is 2424
Overall Rank
The Sharpe Ratio Rank of PSK is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of PSK is 2222
Sortino Ratio Rank
The Omega Ratio Rank of PSK is 2121
Omega Ratio Rank
The Calmar Ratio Rank of PSK is 2626
Calmar Ratio Rank
The Martin Ratio Rank of PSK is 2525
Martin Ratio Rank

PGX
The Risk-Adjusted Performance Rank of PGX is 3333
Overall Rank
The Sharpe Ratio Rank of PGX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of PGX is 3333
Sortino Ratio Rank
The Omega Ratio Rank of PGX is 3030
Omega Ratio Rank
The Calmar Ratio Rank of PGX is 3535
Calmar Ratio Rank
The Martin Ratio Rank of PGX is 3232
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.

PSK vs. PGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR ICE Preferred Securities ETF (PSK) 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.


The chart of Sharpe ratio for PSK, currently valued at 0.06, compared to the broader market-1.000.001.002.003.004.00
PSK: 0.06
PGX: 0.19
The chart of Sortino ratio for PSK, currently valued at 0.15, compared to the broader market-2.000.002.004.006.008.00
PSK: 0.15
PGX: 0.34
The chart of Omega ratio for PSK, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
PSK: 1.02
PGX: 1.04
The chart of Calmar ratio for PSK, currently valued at 0.05, compared to the broader market0.002.004.006.008.0010.0012.00
PSK: 0.05
PGX: 0.14
The chart of Martin ratio for PSK, currently valued at 0.14, compared to the broader market0.0020.0040.0060.00
PSK: 0.14
PGX: 0.45

The current PSK Sharpe Ratio is 0.06, which is lower than the PGX Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of PSK and PGX, 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-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.06
0.19
PSK
PGX

Dividends

PSK vs. PGX - Dividend Comparison

PSK's dividend yield for the trailing twelve months is around 6.76%, more than PGX's 6.18% yield.


TTM20242023202220212020201920182017201620152014
PSK
SPDR ICE Preferred Securities ETF
6.76%6.55%6.44%6.55%5.03%5.08%5.44%6.47%6.91%5.92%5.35%5.65%
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%

Drawdowns

PSK vs. PGX - Drawdown Comparison

The maximum PSK drawdown since its inception was -30.10%, smaller than the maximum PGX drawdown of -66.40%. Use the drawdown chart below to compare losses from any high point for PSK and PGX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-9.31%
-10.13%
PSK
PGX

Volatility

PSK vs. PGX - Volatility Comparison

SPDR ICE Preferred Securities ETF (PSK) and Invesco Preferred ETF (PGX) have volatilities of 4.01% and 3.87%, 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.


2.00%2.50%3.00%3.50%4.00%4.50%NovemberDecember2025FebruaryMarchApril
4.01%
3.87%
PSK
PGX