PGX vs SPY

Invesco Preferred ETF vs SPDR S&P 500 ETF Trust

Quick take
  • SPY has the lower expense ratio at 0.09% vs 0.50% for PGX.
  • PGX pays a higher dividend yield (6.27%).

Side-by-side metrics

MetricPGXSPY
Expense ratio
Annual fee. Lower is better.
0.50%0.09%
Dividend yield
Trailing 12-month yield.
6.27%1.01%
AUM
Assets under management — bigger funds are typically more liquid.
$3.86B$781.19B
YTD return
-0.55%9.89%
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.
1.211.00
P/E ratio
27.04
Last price
$10.86$751.61
Inception
Issuer
InvescoState Street

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%

SPY top holdings

Top holdings · SPY
NVDANVIDIA Corp7.50%
AAPLApple Inc6.58%
MSFTMicrosoft Corp4.29%
AMZNAmazon.com Inc3.61%
GOOGLAlphabet Inc Class A3.24%
AVGOBroadcom Inc2.77%
GOOGAlphabet Inc Class C2.58%
MUMicron Technology Inc2.01%
METAMeta Platforms Inc Class A1.91%
TSLATesla Inc1.83%
Sector breakdown · SPY
Real Estate1.8%
Consumer Cyclical9.5%
Basic Materials1.6%
Consumer Defensive4.5%
Technology38.5%
Communication Services9.9%
Financial Services11.6%
Utilities2.2%
Industrials8.5%
Energy3.0%
Healthcare8.9%

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 SPY

SPY (SPDR S&P 500 ETF Trust) is The original S&P 500 ETF, most heavily traded. Managed by State Street, the fund carries $781.2B in assets under management, an expense ratio of 0.09%, a dividend yield of 1.01%. Its largest holding is NVIDIA Corp (NVDA), which represents 7.5% of the portfolio. Real Estate is the fund's largest sector exposure at 1.8%.