QPFF vs. PGF

Last updated Jun 4, 2026

QPFF (American Century Quality Preferred ETF) and PGF (Invesco Financial Preferred ETF) are both Preferred Stock/Convertible Bonds funds. QPFF is actively managed, while PGF is passively managed. QPFF charges 0.33%/yr vs 0.62%/yr for PGF.

Performance

QPFF vs. PGF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and Invesco Financial Preferred ETF (PGF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PGF

• 1D: -0.29%
• 1M: -1.27%
• YTD: -0.31%
• 6M: 0.05%
• 1Y: 4.63%
• 3Y*: 3.91%
• 5Y*: -0.81%
• 10Y*: 2.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QPFF vs. PGF - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
PGF Invesco Financial Preferred ETF	-1.71%

QPFF vs. PGF - Sectors Allocation Comparison

Sectors	QPFF	PGF
Financial Services	51.6%	100.0%
Utilities	5.5%	-
Real Estate	4.1%	-
Communication Services	3.6%	-
Consumer Cyclical	2.1%	-
Industrials	1.2%	-
Basic Materials	0.3%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

QPFF vs. PGF — Risk / Return Rank

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

PGF

PGF Risk / Return Rank: 20
PGF Sharpe Ratio Rank: 21
PGF Sortino Ratio Rank: 21
PGF Omega Ratio Rank: 19
PGF Calmar Ratio Rank: 22
PGF Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QPFF vs. PGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and Invesco Financial Preferred ETF (PGF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	PGF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.74	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.07	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.15	—

Drawdowns

QPFF vs. PGF - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum PGF drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for QPFF and PGF.

Drawdown Indicators

	QPFF	PGF	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-75.69%	+75.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.69%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.92%	—
Current Drawdown Current decline from peak	0.00%	-5.38%	+5.38%
Average Drawdown Average peak-to-trough decline	0.00%	-7.01%	+7.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	QPFF	PGF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	6.28%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.36%	-11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.00%	-12.00%

QPFF vs. PGF - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is lower than PGF's 0.62% expense ratio.

Dividends

QPFF vs. PGF - Dividend Comparison

QPFF has not paid dividends to shareholders, while PGF's dividend yield for the trailing twelve months is around 6.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGF Invesco Financial Preferred ETF	6.33%	6.30%	6.24%	6.15%	5.95%	4.68%	4.91%	5.14%	5.73%	5.32%	5.92%	5.68%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QPFF or PGF?

On fees, QPFF is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or PGF?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.62% for PGF.

Which ETF pays a higher dividend yield, QPFF or PGF?

PGF has the higher dividend yield at 6.33%, compared with 0.00% for QPFF.

What is the main difference between QPFF and PGF?

They also come from different issuers: American Century and Invesco. Their fees differ too: 0.33% for QPFF and 0.62% for PGF.