FEIG vs PGX
Northern Trust ESG & Climate Investment Grade Corporate Core ETF vs Invesco Preferred ETF
Which is better, FEIG or PGX?
FEIG has been ahead.
FEIG has a lower expense ratio. FEIG led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FEIG | PGX |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.50% |
| AUM | $50M | $3.6B |
| Dividend Yield | 5.00% | 6.85% |
| Holdings | 806 | 548 |
| YTD Return | -3.07%Best | -7.72% |
| 1Y Return | -3.23%Best | -7.87% |
| 3Y Return (annualized) | +5.02%Best | +4.58% |
| 5Y Return (annualized) | -0.74%Best | -2.36% |
| Volatility (annualized) | 8.2%Best | 13.1% |
| Max Drawdown | -22.3%Best | -24.7% |
| $10,000 over 5 years | $9,635Best | $8,874 |
| Fund Family | Northern Trust Asset Management | Invesco (US) |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Preferred Stock | Preferred Stock |
| Inception | Sep 20, 2021 | Jan 31, 2008 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Oct 14, 2026 (5.1 years).
FEIG vs PGX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
FEIG vs PGX Performance
Northern Trust ESG & Climate Investment Grade Corporate Core ETF (FEIG) is an ETF from Northern Trust Asset Management and Invesco Preferred ETF (PGX) is an ETF from Invesco (US). Over the past year FEIG returned -3.23% while PGX returned -7.87%. Year to date, FEIG is down 3.07% versus a loss of 7.72% for PGX.
Over three years, FEIG compounded at +5.02% per year against +4.58% for PGX; over five years the annualized figures are -0.74% and -2.36% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PGX has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 8.2% for FEIG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.3% for FEIG and -24.7% for PGX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEIG charges 0.12% per year while PGX charges 0.50%. On a $10,000 position that is $12 vs $50 annually, a gap of $38 per year that compounds over a long holding period. On income, FEIG currently yields 5.00% against 6.85% for PGX.
Holdings Overlap
We hold position weights for 660 holdings in FEIG and 234 in PGX, totalling 74.7% and 89.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 660 positions we hold weights for in FEIG and 234 in PGX, against full books of 806 and 548.
You are not choosing between two funds in isolation.
Whichever of FEIG and PGX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEIG or PGX?
FEIG has an expense ratio of 0.12% while PGX charges 0.50%. FEIG is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, FEIG or PGX?
Over the past year FEIG returned -3.23% vs -7.87% for PGX, so FEIG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEIG or PGX?
PGX has been the more volatile fund at 13.1% annualized versus 8.2% for FEIG. Worst drawdown: FEIG -22.3% vs PGX -24.7%.
Should I hold both FEIG and PGX?
FEIG and PGX have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FEIG or PGX?
FEIG yields 5.00% while PGX yields 6.85%, so PGX currently pays the higher dividend yield.
Is PGX better than FEIG?
FEIG has a lower expense ratio. FEIG led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.