PGF vs SCHD
Invesco Financial Preferred ETF vs Schwab US Dividend Equity ETF
Which is better, PGF or SCHD?
Preferred Stock against Large Cap Value.
SCHD has a lower expense ratio. SCHD 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 | PGF | SCHD |
|---|---|---|
| Expense Ratio | 0.55% | 0.06%Best |
| AUM | $659M | $112.2B |
| Dividend Yield | 6.42% | 3.13% |
| Holdings | 102 | 103 |
| YTD Return | -3.03% | +27.56%Best |
| 1Y Return | -2.80% | +30.29%Best |
| 3Y Return (annualized) | +4.24% | +16.37%Best |
| 5Y Return (annualized) | -1.28% | +10.23%Best |
| Volatility (annualized) | 8.8%Best | 13.6% |
| Max Drawdown | -30.7%Best | -33.4% |
| $10,000 over 5 years | $9,376 | $16,274Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Value |
| Inception | Dec 1, 2006 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
PGF vs SCHD 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PGF vs SCHD Performance
Invesco Financial Preferred ETF (PGF) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PGF returned -2.80% while SCHD returned +30.29%. Year to date, PGF is down 3.03% versus a gain of 27.56% for SCHD.
Over three years, PGF compounded at +4.24% per year against +16.37% for SCHD; over five years the annualized figures are -1.28% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +0.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.8% for PGF. 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 -30.7% for PGF and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PGF charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, PGF currently yields 6.42% against 3.13% for SCHD.
Holdings Overlap
At least 1.3% of SCHD's money is in holdings PGF also owns.
Stated as a floor: for PGF, our book for it covers 93.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and PGF share little of their money.
1 positions in common, counted across the 93 positions we hold weights for in PGF and 100 in SCHD, against full books of 102 and 103.
Top Shared Holdings
| Stock | Weight in PGF | Weight in SCHD | Difference |
|---|---|---|---|
| FITBFifth Third Bancorp | 0.80% | 1.30% | 0.50% |
You are not choosing between two funds in isolation.
Whichever of PGF and SCHD 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, PGF or SCHD?
PGF has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, PGF or SCHD?
Over the past year PGF returned -2.80% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PGF annualized +0.73% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PGF or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 8.8% for PGF. Worst drawdown: PGF -30.7% vs SCHD -33.4%.
Should I hold both PGF and SCHD?
PGF and SCHD have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PGF and SCHD?
At least 1.3% of SCHD's money is in holdings PGF also owns. Our book for PGF is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 93 positions we hold weights for in PGF and 100 in SCHD.
Which pays a higher dividend, PGF or SCHD?
PGF yields 6.42% while SCHD yields 3.13%, so PGF currently pays the higher dividend yield.
Is SCHD better than PGF?
SCHD has a lower expense ratio. SCHD 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.