PFIG vs UITB
Invesco Fundamental Investment Grade Corporate Bond ETF vs VictoryShares Core Intermediate Bond ETF
Which is better, PFIG or UITB?
Nearly the same fund. PFIG costs less.
PFIG has a lower expense ratio. PFIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | PFIG | UITB |
|---|---|---|
| Expense Ratio | 0.22%Best | 0.25% |
| AUM | $127M | $2.6B |
| Dividend Yield | 4.56% | 4.45% |
| Holdings | 1,635 | 2,449 |
| YTD Return | -1.43%Best | -2.61% |
| 1Y Return | -0.76%Best | -2.55% |
| 3Y Return (annualized) | +5.28%Best | +4.59% |
| 5Y Return (annualized) | +0.96%Best | -0.16% |
| Volatility (annualized) | 4.9%Best | 5.5% |
| Max Drawdown | -15.6%Best | -17.0% |
| $10,000 over 5 years | $10,489Best | $9,920 |
| Fund Family | Invesco (US) | Victory Capital Management Inc. |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 15, 2011 | Oct 24, 2017 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2017 to Oct 14, 2026 (9 years).
PFIG vs UITB 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 9 years both funds cover.
PFIG vs UITB Performance
Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an ETF from Invesco (US) and VictoryShares Core Intermediate Bond ETF (UITB) is an ETF from Victory Capital Management Inc.. Over the past year PFIG returned -0.76% while UITB returned -2.55%. Year to date, PFIG is down 1.43% versus a loss of 2.61% for UITB.
Over three years, PFIG compounded at +5.28% per year against +4.59% for UITB; over five years the annualized figures are +0.96% and -0.16% respectively. Across the full 9-year window we track, PFIG has the edge at +1.22% annualized vs +0.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UITB has been the more volatile fund, with annualized monthly volatility of 5.5% compared with 4.9% for PFIG. 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 -15.6% for PFIG and -17.0% for UITB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PFIG charges 0.22% per year while UITB charges 0.25%. On a $10,000 position that is $22 vs $25 annually, a gap of $3 per year that compounds over a long holding period. On income, PFIG currently yields 4.56% against 4.45% for UITB.
Holdings Overlap
We hold position weights for 707 holdings in PFIG and 831 in UITB, totalling 89.5% and 66.0% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 44 positions appear in both.
44 positions in common, counted across the 707 positions we hold weights for in PFIG and 831 in UITB, against full books of 1,635 and 2,449.
Top Shared Holdings
| Stock | Weight in PFIG | Weight in UITB | Difference |
|---|---|---|---|
| PNC 2.55 01/22/30Pnc Financial Services Group Inc/the 2.550000% 01/22/2030 | 0.37% | 0.05% | 0.32% |
| KR 5 09/15/34Kroger Co/The 5% 15Sep2034 | 0.20% | 0.10% | 0.10% |
| SO 5.7 03/15/34Southern Co 5.7% 03/15/34 | 0.16% | 0.11% | 0.05% |
| UAL 4.625 04/15/29 1United Airlines Inc 4.63% 15Apr2029 | 0.22% | 0.05% | 0.17% |
| HBAN 5.65 01/10/30Huntington National Bank Maryland 5.65% | 0.25% | 0.01% | 0.24% |
| EOG 5.35 01/15/36EOG RESOURCES INC SR UNSECURED 01/36 5.35 5.35 2036-01-15 | 0.16% | 0.07% | 0.09% |
| AMGN 5.25 03/02/33Amgen Inc 5.25% Mar 02, 2033 | 0.18% | 0.04% | 0.14% |
| BG 2.75 05/14/31Bunge Limited Finance Corporation 2.75% May 14, 2031 | 0.12% | 0.09% | 0.03% |
| XRAY 3.25 06/01/30Dentsply Sirona Inc 3.25 Jun 01, 2030 | 0.08% | 0.11% | 0.03% |
| SYY 5.4 03/23/35Sysco Corporation 5.4% Mar 23, 2035 | 0.16% | 0.02% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of PFIG and UITB 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, PFIG or UITB?
PFIG has an expense ratio of 0.22% while UITB charges 0.25%. PFIG is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, PFIG or UITB?
Over the past year PFIG returned -0.76% vs -2.55% for UITB, so PFIG leads on 1-year performance. Over the longest common window we track (9 years), PFIG annualized +1.22% vs +0.81% for UITB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PFIG or UITB?
UITB has been the more volatile fund at 5.5% annualized versus 4.9% for PFIG. Worst drawdown: PFIG -15.6% vs UITB -17.0%.
Should I hold both PFIG and UITB?
PFIG and UITB have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, PFIG or UITB?
PFIG yields 4.56% while UITB yields 4.45%, so PFIG currently pays the higher dividend yield.
Is UITB better than PFIG?
PFIG has a lower expense ratio. PFIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.