PGX vs RYLD

Invesco Preferred ETF vs Global X Russell 2000 Covered Call ETF

Quick take
  • PGX has the lower expense ratio at 0.50% vs 0.60% for RYLD.
  • RYLD pays a higher dividend yield (6.81%).

Side-by-side metrics

MetricPGXRYLD
Expense ratio
Annual fee. Lower is better.
0.50%0.60%
Dividend yield
Trailing 12-month yield.
6.27%6.81%
AUM
Assets under management — bigger funds are typically more liquid.
$3.86B$1.36B
YTD return
-0.55%10.76%
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.
1.210.54
P/E ratio
18.64
Last price
$10.86$16.05
Inception
Issuer
InvescoGlobal X

PGX top holdings

Top holdings · PGX
JPMPCJPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE1.80%
JPMPDJPMorgan Chase & Co Pfd1.57%
WFCPZWells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A1.45%
JPMPLJPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int1.33%
JPMPMJPMorgan Chase & Co PRF PERPETUAL USD - Ser MM 1/400th1.32%
BACPBBank of America Corp 6% PRF PERPETUAL USD 25 - Ser GG 1/1000th int1.30%
TPCAT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C1.20%
BACPMBank of America Corp Pfd1.14%
JPMPKJPMorgan Chase & Co PRF PERPETUAL USD 25 - Ser JJ 1/400 int1.06%
COFPICapital One Financial Corp Series I1.06%
Sector breakdown · PGX
Utilities100.0%

RYLD top holdings

Top holdings · RYLD
RSSLGlobal X Russell 2000 ETF102.91%
Sector breakdown · RYLD
Real Estate6.8%
Consumer Cyclical9.2%
Basic Materials4.4%
Consumer Defensive2.6%
Technology14.4%
Communication Services2.2%
Financial Services17.8%
Utilities2.8%
Industrials14.1%
Energy5.5%
Healthcare20.3%

About PGX

PGX (Invesco Preferred ETF) is US investment-grade preferred stocks. Managed by Invesco, the fund carries $3.9B in assets under management, an expense ratio of 0.50%, a dividend yield of 6.27%. Its largest holding is JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE (JPMPC), which represents 1.8% of the portfolio. Utilities is the fund's largest sector exposure at 100.0%.

About RYLD

RYLD (Global X Russell 2000 Covered Call ETF) is Russell 2000 covered call strategy for income. Managed by Global X, the fund carries $1.4B in assets under management, an expense ratio of 0.60%, a dividend yield of 6.81%. Its largest holding is Global X Russell 2000 ETF (RSSL), which represents 102.9% of the portfolio. Real Estate is the fund's largest sector exposure at 6.8%.