PGX vs XLF
Invesco Preferred ETF vs Financial Select Sector SPDR Fund
- • XLF has the lower expense ratio at 0.08% vs 0.50% for PGX.
- • PGX pays a higher dividend yield (6.27%).
Side-by-side metrics
| Metric | PGX | XLF |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 0.50% | 0.08% |
Dividend yield Trailing 12-month yield. | 6.27% | 1.51% |
AUM Assets under management — bigger funds are typically more liquid. | $3.86B | $51.35B |
YTD return | -0.55% | 1.23% |
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. | 1.21 | 0.75 |
P/E ratio | — | 17.60 |
Last price | $10.86 | $55.56 |
Inception | — | — |
Issuer | Invesco | State Street |
PGX top holdings
| JPMPC | JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE | 1.80% |
| JPMPD | JPMorgan Chase & Co Pfd | 1.57% |
| WFCPZ | Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A | 1.45% |
| JPMPL | JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int | 1.33% |
| JPMPM | JPMorgan Chase & Co PRF PERPETUAL USD - Ser MM 1/400th | 1.32% |
| BACPB | Bank of America Corp 6% PRF PERPETUAL USD 25 - Ser GG 1/1000th int | 1.30% |
| TPC | AT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C | 1.20% |
| BACPM | Bank of America Corp Pfd | 1.14% |
| JPMPK | JPMorgan Chase & Co PRF PERPETUAL USD 25 - Ser JJ 1/400 int | 1.06% |
| COFPI | Capital One Financial Corp Series I | 1.06% |
XLF top holdings
| BRK-B | Berkshire Hathaway Inc Class B | 12.07% |
| JPM | JPMorgan Chase & Co | 11.54% |
| V | Visa Inc Class A | 7.49% |
| MA | Mastercard Inc Class A | 5.45% |
| BAC | Bank of America Corp | 4.89% |
| GS | The Goldman Sachs Group Inc | 3.93% |
| WFC | Wells Fargo & Co | 3.33% |
| MS | Morgan Stanley | 3.30% |
| C | Citigroup Inc | 3.14% |
| AXP | American Express Co | 2.37% |
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 XLF
XLF (Financial Select Sector SPDR Fund) is S&P 500 financial sector. Managed by State Street, the fund carries $51.4B in assets under management, an expense ratio of 0.08%, a dividend yield of 1.51%. Its largest holding is Berkshire Hathaway Inc Class B (BRK-B), which represents 12.1% of the portfolio. Technology is the fund's largest sector exposure at 1.6%.