PGX: Invesco Preferred ETF
About
PGX was created on 2008-01-31 by Invesco. The fund's investment portfolio concentrates primarily on broad credit fixed income. PGX tracks an index of fixed rate USD-denominated preferred securities.
Current Value
$11.831 Year Return
Current Value
$11.831 Year Return
Key Details
Assets Under Management
$4.42B
Div Yield %
6.41%
P/E Ratio
-
Net Asset Value
$12.03
Expense Ratio
0.50%
1Y ETF Return
0.15%
Strategies that include PGX
Stock's related to PGX
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ARR | 63.41% | $1.05B | +8.10% | 16.27% |
| NNN | 56.43% | $8.14B | +10.88% | 5.30% |
| EXR | 56.16% | $35.09B | +29.30% | 3.94% |
| PSA | 56.12% | $58.57B | +30.03% | 3.60% |
| BEP | 51.89% | $7.22B | +4.20% | 5.54% |
| NEP | 50.31% | $1.48B | -32.95% | 22.91% |
| IRM | 45.01% | $34.19B | +84.79% | 2.31% |
| TGTX | 37.73% | $4.72B | +146.10% | 0.00% |
| AY | 36.47% | $2.57B | +16.60% | 8.05% |
| WOW | 35.68% | $434.90M | +18.48% | 0.00% |
| GRAL | 33.44% | $459.22M | -13.00% | 0.00% |
| MKTX | 31.83% | $10.10B | +14.58% | 0.83% |
| BYRN | 27.85% | $479.70M | +295.19% | 0.00% |
| CLLS | 27.05% | $141.30M | -30.99% | 0.00% |
| DXPE | 26.60% | $1.07B | +119.39% | 0.00% |
| SYY | 26.59% | $36.55B | +4.35% | 2.73% |
| HAYN | 26.59% | $779.50M | +25.76% | 1.44% |
| PACB | 26.57% | $471.05M | -79.23% | 0.00% |
| ROK | 26.57% | $31.40B | +3.25% | 1.80% |
| ADUS | 26.56% | $2.18B | +37.62% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BNED | 0.10% | $277.22M | -91.94% | 0.00% |
| CYCN | -0.14% | $4.77M | -16.19% | 0.00% |
| DXYZ | -0.27% | - | - | 0.00% |
| ALXO | 0.45% | $64.87M | -86.56% | 0.00% |
| SCKT | -0.47% | $10.88M | +15.32% | 0.00% |
| VERX | 0.48% | $7.99B | +89.70% | 0.00% |
| UNH | -0.50% | $531.00B | +6.93% | 1.37% |
| CANG | 0.76% | $253.50M | +212.50% | 0.00% |
| NNE | 0.77% | $833.66M | +531.50% | 0.00% |
| PPC | 0.89% | $12.38B | +100.96% | 0.00% |
| PRPH | 0.90% | $18.14M | -82.61% | 0.00% |
| CI | 0.90% | $89.70B | +12.57% | 1.68% |
| SGC | -0.91% | $261.95M | +41.61% | 4.32% |
| MKL | 0.95% | $21.48B | +16.38% | 0.00% |
| FATBB | 1.00% | $81.94M | -12.91% | 11.69% |
| CFLT | 1.02% | $9.28B | +49.05% | 0.00% |
| NHTC | -1.10% | $61.83M | +0.19% | 14.81% |
| ARQ | -1.24% | $332.89M | +216.80% | 0.00% |
| RGR | 1.25% | $642.75M | -15.87% | 1.81% |
| BCAN | 1.34% | $72.87M | -99.75% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -12.91% | $78.15B | +35.51% | 0.42% |
| MNR | -12.89% | $1.66B | -10.71% | 15.90% |
| HUSA | -12.64% | $16.69M | -11.56% | 0.00% |
| HQY | -11.61% | $8.97B | +52.15% | 0.00% |
| QXO | -10.86% | $6.51B | -35.95% | 0.00% |
| QTTB | -10.40% | $354.34M | +188.64% | 0.00% |
| RNR | -8.11% | $13.74B | +23.09% | 0.58% |
| NNVC | -8.04% | $19.66M | +25.69% | 0.00% |
| PRPO | -7.58% | $9.10M | -13.65% | 0.00% |
| ALAR | -7.56% | $89.09M | +158.08% | 0.00% |
| UNM | -6.97% | $13.16B | +69.20% | 2.16% |
| PGR | -6.81% | $149.10B | +57.29% | 0.45% |
| NEUE | -6.27% | $40.93M | -34.13% | 0.00% |
| EG | -5.91% | $15.92B | -8.98% | 2.02% |
| TCTM | -5.72% | $8.10M | -42.99% | 0.00% |
| OXBR | -5.38% | $19.05M | +178.18% | 0.00% |
| BACK | -5.18% | $1.76M | -32.90% | 0.00% |
| CME | -5.14% | $82.76B | +9.21% | 1.98% |
| HUM | -4.45% | $33.45B | -45.22% | 1.25% |
| RBRK | -4.10% | $8.03B | +38.16% | 0.00% |
ETF's related to PGX
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PFF | 96.07% | $15.20B | 0.46% |
| PSK | 95.69% | $922.96M | 0.45% |
| PFFD | 94.18% | $2.48B | 0.23% |
| PGF | 93.82% | $934.20M | 0.54% |
| PFXF | 90.39% | $1.97B | 0.4% |
| SPFF | 89.01% | $151.50M | 0.48% |
| FPE | 79.73% | $5.77B | 0.85% |
| PFLD | 78.10% | $457.09M | 0.46% |
| DIAL | 72.67% | $368.52M | 0.28% |
| FALN | 72.44% | $1.84B | 0.25% |
| ANGL | 72.41% | $3.06B | 0.25% |
| PFFV | 71.51% | $257.84M | 0.25% |
| PHB | 71.06% | $421.45M | 0.5% |
| HYDB | 70.68% | $1.07B | 0.35% |
| IGEB | 70.43% | $1.07B | 0.18% |
| HYLS | 70.42% | $1.64B | 1.02% |
| GEMD | 69.57% | $66.91M | 0.39% |
| JPMB | 69.54% | $585.28M | 0.39% |
| EMHY | 68.95% | $448.75M | 0.5% |
| PCY | 68.92% | $1.33B | 0.5% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| GSG | -0.17% | $914.42M | 0.75% |
| MINT | 0.23% | $11.62B | 0.35% |
| KCCA | -0.27% | $220.51M | 0.87% |
| WEAT | -0.56% | $120.27M | 0.28% |
| COMT | -0.93% | $829.06M | 0.48% |
| GBIL | 1.00% | $5.60B | 0.12% |
| USCI | 1.20% | $185.47M | 1.07% |
| BOXX | 1.67% | $4.43B | 0.1949% |
| DBC | 1.86% | $1.39B | 0.87% |
| AGZD | 1.98% | $142.76M | 0.23% |
| PDBC | 2.02% | $4.40B | 0.59% |
| FMF | 2.13% | $244.61M | 0.95% |
| JBBB | 2.64% | $1.26B | 0.49% |
| DBA | -3.08% | $755.88M | 0.93% |
| BILZ | 3.25% | $563.02M | 0.14% |
| CORN | -3.67% | $61.12M | 0.2% |
| TBLL | 3.73% | $1.92B | 0.08% |
| DBE | -3.93% | $50.13M | 0.77% |
| HIGH | -4.23% | $302.78M | 0.51% |
| KRBN | -4.96% | $242.47M | 0.85% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -51.85% | $201.97M | 0.5% |
| UUP | -48.61% | $309.25M | 0.77% |
| BTAL | -36.63% | $388.04M | 1.43% |
| CTA | -34.63% | $350.27M | 0.78% |
| VIXY | -27.93% | $195.31M | 0.85% |
| KMLM | -18.44% | $353.87M | 0.9% |
| DBO | -11.00% | $217.57M | 0.77% |
| DBMF | -9.07% | $1.02B | 0.85% |
| HDRO | -7.44% | $164.26M | 0.3% |
| EQLS | -6.33% | $76.08M | 1% |
| KRBN | -4.96% | $242.47M | 0.85% |
| HIGH | -4.23% | $302.78M | 0.51% |
| DBE | -3.93% | $50.13M | 0.77% |
| CORN | -3.67% | $61.12M | 0.2% |
| DBA | -3.08% | $755.88M | 0.93% |
| COMT | -0.93% | $829.06M | 0.48% |
| WEAT | -0.56% | $120.27M | 0.28% |
| KCCA | -0.27% | $220.51M | 0.87% |
| GSG | -0.17% | $914.42M | 0.75% |
| MINT | 0.23% | $11.62B | 0.35% |
News
SeekingAlpha
The recent Fed Funds Rate cuts have triggered a buying frenzy in corporate fixed-income securities. Read why I suggest a pair trade of long TLT and short PGX.
SeekingAlpha
Invesco Variable Rate Preferred ETF is on a growth trajectory with higher monthly distributions. See more about VRP stock and its favorable outlook ahead.
SeekingAlpha
AAM Low Duration Preferred and Income Securities ETF holds 209 hybrid securities with low interest rate sensitivity. Learn more about PFLD and its financial sector focus.
SeekingAlpha
Global X Variable Rate Preferred ETF is concentrated in the top issuers, especially in financial companies. Find out why PFFV is a Sell.
SeekingAlpha
First Trust Preferred Securities and Income ETF is an actively managed fund focusing on preferred stocks, primarily in the U.S. and financial sector. Read more here.
SeekingAlpha
The spread between Invesco Preferred ETF and the US 10Y rate has never been tighter in the post-financial crisis. Read more on PGX here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.