VSGBX vs. PGX
Compare and contrast key facts about Vanguard Short-Term Federal Fund Investor Shares (VSGBX) and Invesco Preferred ETF (PGX).
VSGBX is managed by Vanguard. It was launched on Dec 31, 1987. PGX is a passively managed fund by Invesco that tracks the performance of the BofA Merrill Lynch Core Fixed Rate Preferred Securities Index. It was launched on Jan 31, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSGBX or PGX.
Correlation
The correlation between VSGBX and PGX is 0.10, 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.
Performance
VSGBX vs. PGX - Performance Comparison
Key characteristics
VSGBX:
2.09
PGX:
0.45
VSGBX:
3.33
PGX:
0.71
VSGBX:
1.42
PGX:
1.08
VSGBX:
1.22
PGX:
0.31
VSGBX:
9.54
PGX:
1.32
VSGBX:
0.51%
PGX:
3.28%
VSGBX:
2.35%
PGX:
9.66%
VSGBX:
-8.36%
PGX:
-66.42%
VSGBX:
-0.02%
PGX:
-7.27%
Returns By Period
In the year-to-date period, VSGBX achieves a 0.39% return, which is significantly lower than PGX's 1.12% return. Over the past 10 years, VSGBX has underperformed PGX with an annualized return of 1.22%, while PGX has yielded a comparatively higher 3.20% annualized return.
VSGBX
0.39%
0.39%
1.05%
5.12%
0.88%
1.22%
PGX
1.12%
-0.43%
-0.93%
3.88%
0.27%
3.20%
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VSGBX vs. PGX - Expense Ratio Comparison
VSGBX has a 0.20% expense ratio, which is lower than PGX's 0.52% expense ratio.
Risk-Adjusted Performance
VSGBX vs. PGX — Risk-Adjusted Performance Rank
VSGBX
PGX
VSGBX vs. PGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Federal Fund Investor Shares (VSGBX) 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.
Dividends
VSGBX vs. PGX - Dividend Comparison
VSGBX's dividend yield for the trailing twelve months is around 3.18%, less than PGX's 5.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSGBX Vanguard Short-Term Federal Fund Investor Shares | 3.18% | 3.48% | 3.32% | 1.66% | 0.48% | 1.30% | 2.31% | 1.91% | 1.30% | 1.08% | 0.87% | 0.61% |
PGX Invesco Preferred ETF | 5.46% | 5.97% | 6.42% | 6.29% | 4.82% | 4.89% | 5.30% | 6.08% | 5.66% | 6.02% | 5.84% | 5.98% |
Drawdowns
VSGBX vs. PGX - Drawdown Comparison
The maximum VSGBX drawdown since its inception was -8.36%, smaller than the maximum PGX drawdown of -66.42%. Use the drawdown chart below to compare losses from any high point for VSGBX and PGX. For additional features, visit the drawdowns tool.
Volatility
VSGBX vs. PGX - Volatility Comparison
The current volatility for Vanguard Short-Term Federal Fund Investor Shares (VSGBX) is 0.51%, while Invesco Preferred ETF (PGX) has a volatility of 2.49%. This indicates that VSGBX experiences smaller price fluctuations and is considered to be less risky than PGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.