GVI vs PGX

Comparison between ISHARES INTERMEDIATE GOVERNMENT/CREDIT BOND ETF (GVI, ETF) and INVESCO PREFERRED ETF (PGX, ETF).

5-Year PerformanceGVI has outperformed PGX, delivering a return of +1.1% compared to -0.2%

GVI vs PGX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GVI(ETF)	PGX(ETF)
Net Assets	$3.80B	$3.80B
Expense Ratio	0.20%	0.50%
Max Drawdown	15.45%	69.54%
Sharpe Ratio	0.20	0.56
5Y Beta	0.00	0.22
5Y Dividends CAGR	15.53%	-1.72%

Net Assets

GVI

$3.80B

PGX

$3.80B

Expense Ratio

Winner

GVI

0.20%

PGX

0.50%

Max Drawdown

Winner

GVI

15.45%

PGX

69.54%

Sharpe Ratio

GVI

0.20

Winner

PGX

0.56

5Y Beta

Winner

GVI

0.00

PGX

0.22

5Y Dividends CAGR

Winner

GVI

15.53%

PGX

-1.72%

GVI vs PGX - Historical Returns

Returns include dividend reinvestment.

Period	GVI	PGX
1 month	+0.09%	+1.35%
3 months	-0.01%	+0.10%
6 months	+0.92%	+0.96%
1 year	+4.56%	+7.50%
5 years(CAGR)	+1.07%	-0.19%
10 years(CAGR)	+1.84%	+2.68%
Max(CAGR)	+2.90%	+3.00%

GVI

+0.09%

Winner

PGX

+1.35%

GVI

-0.01%

Winner

PGX

+0.10%

GVI

+0.92%

Winner

PGX

+0.96%

GVI

+4.56%

Winner

PGX

+7.50%

5Y(CAGR)

Winner

GVI

+1.07%

PGX

-0.19%

10Y(CAGR)

GVI

+1.84%

Winner

PGX

+2.68%

Max(CAGR)

GVI

+2.90%

Winner

PGX

+3.00%

GVI vs PGX - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GVI	PGX
2026	+0.39%	+0.84%
2025	+6.67%	+1.97%
2024	+3.20%	+6.62%
2023	+4.97%	+7.97%
2022	-8.04%	-20.68%
2021	-1.86%	+3.97%
2020	+6.17%	+6.27%
2019	+6.42%	+15.88%
2018	+0.87%	-3.22%
2017	+1.83%	+9.93%
2016	+1.83%	+0.31%
2015	+0.52%	+7.55%
2014	+2.75%	+15.54%
2013	-0.81%	-2.72%
2012	+3.65%	+13.74%
2011	+6.01%	+3.33%
2010	+5.16%	+11.31%
2009	+2.78%	+13.85%
2008	+7.86%	-33.77%
2007	+7.61%	N/A

GVI vs PGX Drawdown Comparison

The maximum drawdown for GVI was -12.93%, occurring on Oct 20, 2022. Recovery took 976 trading sessions.

The maximum drawdown for PGX was -66.38%, occurring on Mar 6, 2009. Recovery took 1134 trading sessions.

The current GVI drawdown is -0.81%. The current PGX drawdown is -3.54%.

Rank	GVI	PGX
#1	-12.93% Aug 2, 2021 - Jun 23, 2025	-66.38% Feb 6, 2008 - Aug 6, 2012
#2	-7.54% Sep 9, 2008 - Dec 1, 2008	-34.09% Feb 11, 2020 - Aug 17, 2020
#3	-5.96% Mar 9, 2020 - May 19, 2020	-24.65% Nov 5, 2021 - Oct 19, 2023
#4	-3.57% May 1, 2013 - May 20, 2014	-9.56% May 8, 2013 - Mar 31, 2014
#5	-3.53% Jan 14, 2009 - Jul 31, 2009	-8.05% Aug 31, 2018 - Feb 12, 2019
#6	-3.39% Oct 11, 2010 - May 27, 2011	-7.58% Sep 7, 2016 - Apr 3, 2017
#7	-3.30% Jul 8, 2016 - Aug 29, 2017	-6.12% Jan 5, 2016 - Mar 24, 2016
#8	-2.99% Sep 7, 2017 - Jan 3, 2019	-4.23% Dec 8, 2017 - Jul 2, 2018
#9	-2.54% Apr 11, 2008 - Sep 3, 2008	-4.12% Dec 31, 2020 - Apr 5, 2021
#10	-2.17% Dec 31, 2020 - Aug 2, 2021	-3.13% Aug 14, 2015 - Sep 24, 2015
#11	-1.79% Feb 27, 2026 - Mar 26, 2026	-2.68% Dec 1, 2015 - Dec 28, 2015
#12	-1.78% Jan 30, 2015 - Oct 2, 2015	-2.42% Apr 15, 2015 - Jul 17, 2015
#13	-1.69% Dec 30, 2008 - Jan 14, 2009	-2.17% Sep 22, 2021 - Nov 4, 2021
#14	-1.69% Sep 21, 2011 - Nov 1, 2011	-2.07% Aug 26, 2020 - Oct 5, 2020
#15	-1.68% May 8, 2007 - Jul 26, 2007	-2.02% Nov 6, 2012 - Jan 3, 2013

Correlation

Correlation between GVI and PGX is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2007 - 2026)

GVI vs PGX dividend yield comparison.

Year	GVI	PGX
2026	1.21%	2.09%
2025	3.48%	6.03%
2024	3.40%	5.95%
2023	2.75%	6.42%
2022	1.86%	6.29%
2021	1.46%	4.82%
2020	1.84%	4.89%
2019	2.29%	4.85%
2018	2.16%	6.09%
2017	1.91%	5.66%
2016	1.77%	6.02%
2015	1.75%	5.84%
2014	1.72%	5.97%
2013	1.77%	6.78%
2012	2.13%	6.47%
2011	2.63%	6.77%
2010	2.86%	6.75%
2009	3.32%	8.04%
2008	4.02%	10.00%
2007	4.42%	0.00%