ETF comparison

PGXvsVRP

Both Preferred Securities.

Invesco Preferred ETF · Invesco Variable Rate Preferred ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.2%

24 positions appear in both funds. Buying equal dollars of PGX and VRP would leave roughly4.2%of each dollar exposed to the same underlying securities.

PGX only 95.6%Shared 4.2%VRP only 93.7%
In PGX only
242 positions
Shared
24 positions
In VRP only
320 positions

Side by side

PGX

Invesco Preferred ETF

Invesco · Preferred Securities

67composite / 100
Expense ratio
0.50%
Net assets
$3.73B
TTM yield
6.62%
Top-10 conc.
13.1%
VRP

Invesco Variable Rate Preferred ETF

Invesco · Preferred Securities

66composite / 100
Expense ratio
0.50%
Net assets
$3.02B
TTM yield
6.13%
Top-10 conc.
13.6%

Sub-score comparison

50
Cost
50
60
Tax efficiency
61
81
Liquidity
77
96
Concentration
95
Tracking quality
PGXsub-scoreVRP

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

Expense ratios are effectively identical (0.50% vs 0.50%).

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with PGX vs VRP.

Top shared holdings

24 shared in total
#HoldingIn PGXIn VRPOverlap
1Bank of America Corp.1.02%0.39%0.39%
2Athene Holding Ltd.0.80%0.31%0.31%
3Reinsurance Group of America, Inc.0.67%0.26%0.26%
4Apollo Global Management, Inc.0.59%0.23%0.23%
5KeyCorp0.57%0.22%0.22%
6Athene Holding Ltd.0.55%0.21%0.21%
7Jackson Financial Inc.0.54%0.21%0.21%
8Synchrony Financial0.49%0.19%0.19%
9Bank of New York Mellon Corp. (The)0.49%0.19%0.19%
10Banc of California, Inc.0.49%0.19%0.19%
11Regions Financial Corp.0.48%0.19%0.19%
12Athene Holding Ltd.0.48%0.18%0.18%

Only in PGX

242 total
  • JPMorgan Chase & Co.1.77%
  • JPMorgan Chase & Co.1.54%
  • Wells Fargo & Co.1.42%
  • JPMorgan Chase & Co.1.31%
  • JPMorgan Chase & Co.1.31%
  • Bank of America Corp.1.27%
  • AT&T Inc.1.22%
  • Bank of America Corp.1.14%
  • AT&T Inc.1.05%
  • JPMorgan Chase & Co.1.05%

Only in VRP

320 total
  • Bank of America Corp.1.12%
  • JPMorgan Chase & Co.1.10%
  • Citigroup Inc.0.99%
  • JPMorgan Chase & Co.0.94%
  • Citigroup Capital XIII0.92%
  • Citigroup Inc.0.91%
  • Bank of America Corp.0.91%
  • BP Capital Markets PLC0.89%
  • Goldman Sachs Group, Inc. (The)0.85%
  • CVS Health Corp.0.84%

Open PGX or VRP at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.