IBDT vs PGX

Comparison between ISHARES IBONDS DEC 2028 TERM CORPORATE ETF (IBDT, ETF) and INVESCO PREFERRED ETF (PGX, ETF).

5-Year PerformanceIBDT has outperformed PGX, delivering a return of +1.5% compared to -0.2%

IBDT vs PGX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBDT(ETF)	PGX(ETF)
Net Assets	$3.80B	$3.80B
Expense Ratio	0.10%	0.50%
Max Drawdown	21.32%	69.54%
Sharpe Ratio	0.68	0.56
5Y Beta	0.03	0.22
5Y Dividends CAGR	9.54%	-1.72%

Net Assets

IBDT

$3.80B

PGX

$3.80B

Expense Ratio

Winner

IBDT

0.10%

PGX

0.50%

Max Drawdown

Winner

IBDT

21.32%

PGX

69.54%

Sharpe Ratio

Winner

IBDT

0.68

PGX

0.56

5Y Beta

Winner

IBDT

0.03

PGX

0.22

5Y Dividends CAGR

Winner

IBDT

9.54%

PGX

-1.72%

IBDT vs PGX - Historical Returns

Returns include dividend reinvestment.

Period	IBDT	PGX
1 month	+0.33%	+1.35%
3 months	+0.20%	+0.10%
6 months	+1.55%	+0.96%
1 year	+5.08%	+7.50%
5 years(CAGR)	+1.45%	-0.19%
10 years(CAGR)	N/A	+2.68%
Max(CAGR)	+3.91%	+3.00%

IBDT

+0.33%

Winner

PGX

+1.35%

Winner

IBDT

+0.20%

PGX

+0.10%

Winner

IBDT

+1.55%

PGX

+0.96%

IBDT

+5.08%

Winner

PGX

+7.50%

5Y(CAGR)

Winner

IBDT

+1.45%

PGX

-0.19%

10Y(CAGR)

IBDT

N/A

PGX

+2.68%

Max(CAGR)

Winner

IBDT

+3.91%

PGX

+3.00%

IBDT vs PGX - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	IBDT	PGX
2026	+0.71%	+0.84%
2025	+6.93%	+1.97%
2024	+4.34%	+6.62%
2023	+7.32%	+7.97%
2022	-11.23%	-20.68%
2021	-1.91%	+3.97%
2020	+9.66%	+6.27%
2019	+15.26%	+15.88%
2018	+1.18%	-3.22%
2017	N/A	+9.93%
2016	N/A	+0.31%
2015	N/A	+7.55%
2014	N/A	+15.54%
2013	N/A	-2.72%
2012	N/A	+13.74%
2011	N/A	+3.33%
2010	N/A	+11.31%
2009	N/A	+13.85%
2008	N/A	-33.77%

IBDT vs PGX Drawdown Comparison

The maximum drawdown for IBDT was -17.79%, occurring on Mar 20, 2020. Recovery took 69 trading sessions.

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

The current PGX drawdown is -3.54%.

Rank	IBDT	PGX
#1	-17.79% Mar 6, 2020 - Jun 15, 2020	-66.38% Feb 6, 2008 - Aug 6, 2012
#2	-17.69% Aug 2, 2021 - May 29, 2025	-34.09% Feb 11, 2020 - Aug 17, 2020
#3	-4.41% Dec 30, 2020 - Aug 2, 2021	-24.65% Nov 5, 2021 - Oct 19, 2023
#4	-2.61% Sep 4, 2019 - Dec 3, 2019	-9.56% May 8, 2013 - Mar 31, 2014
#5	-1.82% Oct 2, 2018 - Dec 28, 2018	-8.05% Aug 31, 2018 - Feb 12, 2019
#6	-1.66% Aug 4, 2020 - Nov 19, 2020	-7.58% Sep 7, 2016 - Apr 3, 2017
#7	-1.36% Jul 3, 2019 - Aug 1, 2019	-6.12% Jan 5, 2016 - Mar 24, 2016
#8	-1.03% Feb 23, 2026 - May 8, 2026	-4.23% Dec 8, 2017 - Jul 2, 2018
#9	-1.01% Jan 31, 2019 - Feb 26, 2019	-4.12% Dec 31, 2020 - Apr 5, 2021
#10	-0.86% Jun 17, 2020 - Jul 1, 2020	-3.13% Aug 14, 2015 - Sep 24, 2015
#11	-0.78% Mar 27, 2019 - Apr 10, 2019	-2.68% Dec 1, 2015 - Dec 28, 2015
#12	-0.69% Apr 10, 2019 - Apr 26, 2019	-2.42% Apr 15, 2015 - Jul 17, 2015
#13	-0.67% Nov 30, 2020 - Dec 18, 2020	-2.17% Sep 22, 2021 - Nov 4, 2021
#14	-0.61% Dec 3, 2019 - Dec 27, 2019	-2.07% Aug 26, 2020 - Oct 5, 2020
#15	-0.53% Feb 26, 2019 - Mar 8, 2019	-2.02% Nov 6, 2012 - Jan 3, 2013

Correlation

Correlation between IBDT and PGX is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2008 - 2026)

IBDT vs PGX dividend yield comparison.

Year	IBDT	PGX
2026	1.48%	2.09%
2025	4.56%	6.03%
2024	4.67%	5.95%
2023	4.10%	6.42%
2022	3.25%	6.29%
2021	2.45%	4.82%
2020	2.80%	4.89%
2019	3.32%	4.85%
2018	1.47%	6.09%
2017	0.00%	5.66%
2016	0.00%	6.02%
2015	0.00%	5.84%
2014	0.00%	5.97%
2013	0.00%	6.78%
2012	0.00%	6.47%
2011	0.00%	6.77%
2010	0.00%	6.75%
2009	0.00%	8.04%
2008	0.00%	10.00%