GBTC vs PGX

Grayscale Bitcoin Trust vs Invesco Preferred ETF

Quick take
  • • PGX has the lower expense ratio at 0.50% vs 1.50% for GBTC.
  • • PGX pays a higher dividend yield (6.96%).

Side-by-side metrics

MetricGBTCPGX
Expense ratio
Annual fee. Lower is better.
1.50%0.50%
Dividend yield
Trailing 12-month yield.
0.00%6.96%
AUM
Assets under management — bigger funds are typically more liquid.
$9.62B$3.55B
YTD return
-15.68%-5.76%
1-year return
——
3-year return
Annualized.
——
5-year return
Annualized.
——
10-year return
Annualized.
——
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.001.08
P/E ratio
——
Last price
$57.41$9.88
Inception
——
Issuer
GrayscaleInvesco

GBTC top holdings

Holdings data unavailable for GBTC.

PGX top holdings

Holdings data unavailable for PGX.
Sector breakdown · PGX
Utilities100.0%

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $9.6B in assets under management, an expense ratio of 1.50%.

About PGX

PGX (Invesco Preferred ETF) is US investment-grade preferred stocks. Managed by Invesco, the fund carries $3.5B in assets under management, an expense ratio of 0.50%, a dividend yield of 6.96%. Utilities is the fund's largest sector exposure at 100.0%.