PGF vs VTI
Invesco Financial Preferred ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PGF or VTI?
Preferred Stock against Large Cap Blend.
VTI has a lower expense ratio. VTI 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 | VTI |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $659M | $666.9B |
| Dividend Yield | 6.42% | 1.07% |
| Holdings | 102 | 3,543 |
| YTD Return | -3.03% | +13.59%Best |
| 1Y Return | -2.80% | +20.00%Best |
| 3Y Return (annualized) | +4.24% | +20.95%Best |
| 5Y Return (annualized) | -1.28% | +11.81%Best |
| Volatility (annualized) | 17.7% | 15.9%Best |
| Max Drawdown | -79.2% | -56.6%Best |
| $10,000 over 5 years | $9,376 | $17,474Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Blend |
| Inception | Dec 1, 2006 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 1, 2006 to Sep 4, 2026 (19.8 years).
PGF vs VTI 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 19.8 years both funds cover.
PGF vs VTI Performance
Invesco Financial Preferred ETF (PGF) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PGF returned -2.80% while VTI returned +20.00%. Year to date, PGF is down 3.03% versus a gain of 13.59% for VTI.
Over three years, PGF compounded at +4.24% per year against +20.95% for VTI; over five years the annualized figures are -1.28% and +11.81% respectively. Across the full 20-year window we track, VTI has the edge at +9.40% annualized vs -1.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PGF has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.9% for VTI. 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 -79.2% for PGF and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PGF charges 0.55% per year while VTI charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, PGF currently yields 6.42% against 1.07% for VTI.
Holdings Overlap
We hold position weights for 93 holdings in PGF and 2,788 in VTI, totalling 93.4% and 92.3% 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, 14 positions appear in both.
14 positions in common, counted across the 93 positions we hold weights for in PGF and 2,788 in VTI, against full books of 102 and 3,543.
Top Shared Holdings
| Stock | Weight in PGF | Weight in VTI | Difference |
|---|---|---|---|
| BACBank Of America Corp Preferred Stock 6.5 | 2.06% | 0.50% | 1.56% |
| CCitigroup, Inc. | 1.53% | 0.32% | 1.21% |
| ALLAllstate Corp/Thecommon Stock | 1.74% | 0.08% | 1.66% |
| MSMorgan Stanley | 1.31% | 0.34% | 0.97% |
| SCHWCharles Schwab Corp. | 1.41% | 0.21% | 1.20% |
| MTBM&T Bank Corp | 1.52% | 0.05% | 1.47% |
| SYFSynchrony Financial | 1.13% | 0.04% | 1.09% |
| BKBank Of New York Mellon Corp/The Bk Us Equity | 0.97% | 0.14% | 0.83% |
| USBUs Bancorp | 0.96% | 0.13% | 0.83% |
| FITBFifth Third Bancorp | 0.80% | 0.07% | 0.73% |
You are not choosing between two funds in isolation.
Whichever of PGF and VTI 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 VTI?
PGF has an expense ratio of 0.55% while VTI charges 0.03%. VTI is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, PGF or VTI?
Over the past year PGF returned -2.80% vs +20.00% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), PGF annualized -1.60% vs +9.40% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PGF or VTI?
PGF has been the more volatile fund at 17.7% annualized versus 15.9% for VTI. Worst drawdown: PGF -79.2% vs VTI -56.6%.
Should I hold both PGF and VTI?
PGF and VTI have a monthly-return correlation of 0.52, 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, PGF or VTI?
PGF yields 6.42% while VTI yields 1.07%, so PGF currently pays the higher dividend yield.
Is VTI better than PGF?
VTI has a lower expense ratio. VTI 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.