PGXvsRNMNETF Comparison
ETF 1
PGX
Invesco Preferred ETF
VS
Invesco Preferred ETF (PGX) belongs to the segment. RiverNorth Market Neutral ETF - USD (RNMN) is part of the US Multi-Factor segment. PGX's top 3 sector exposures are Finance, Utilities and Telecommunications. In contrast, RNMN's top sector exposures are Finance, Non-Corporate and Consumer Non-Cyclicals. PGX is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.59% for RNMN. PGX is down -9.01% year-to-date (YTD) with +$27M in YTD flows. RNMN performs better with 2.07% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of PGX and RNMN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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PGX vs RNMN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PGX RNMN | -3.36%-0.11% | -6.44%+0.05% | -9.01%+2.07% | -11.15%+2.88% | +7.73%+18.88% | -12.28%n/a |
| Flows | PGX RNMN | +$66M-$260K | -$14M-$260K | +$27M+$2M | +$208M+$2M | -$499M+$1M | -$1.69B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PGX RNMN | +5.16%+1.09% | +5.26%+1.87% | +8.16%+2.24% | +10.48%n/a |
| Max drawdown | PGX RNMN | -7.18%-0.29% | -11.57%-1.16% | -12.65%-1.95% | -24.51%n/a |
| Max drawdown duration | PGX RNMN | 88d6d | 227d104d | 716d75d | 1790dn/a |
Trading data
PGX | RNMN | |
Last sale 10/5/2026 at 1:30 PM | $10.07 | $25.99 |
| Previous close 10/02/2026 | $10.14 | $25.99 |
| Consolidated volume 10/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 6, 2026
1-year trailing difference
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RNMN
is actively managed and doesn’t replicate an indexPGX | RNMN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/5/2026 at 1:30 PM
Live
Closed
PGX | RNMN | |
|---|---|---|
| Last price | $10.07 | $25.99 |
| 1D performance | -0.69% | -0.00% |
| AuM | $3.63 B | $6.90 M |
| E/R | 0.5% | 0.59% |
Characteristics
PGX | RNMN | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | TrueShares |
| Benchmark | ICE BofA Core Plus Fixed Rate Preferred Securities Index | - |
| N° of holdings | 166 | 128 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 31, 2008 | July 12, 2022 |
| ESG | No | No |
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Exposure
Countries
PGX
USA
94.01%
Other
5.99%
RNMN
USA
74.87%
Other
25.13%
Sectors
PGX
Finance
79.85%
Utilities
11.17%
Other
8.98%
RNMN
Finance
82.75%
Other
17.25%
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Diversification
PGX
Total weight of top 15 holdings out of 15
18.05%
RNMN
Total weight of top 15 holdings out of 15
33.75%
Top 15 holdings
Data as of August 31, 2026
PGX
JPMorgan Chase & Co.
1.79%
JPMorgan Chase & Co.
1.54%
Wells Fargo & Co.
1.45%
JPMorgan Chase & Co.
1.31%
JPMorgan Chase & Co.
1.31%
Bank of America Corp.
1.29%
AT&T, Inc.
1.16%
Bank of America Corp.
1.13%
JPMorgan Chase & Co.
1.04%
Capital One Financial Corp.
1.03%
Bank of America Corporation, 6.45% 15dec2066, USD
1.03%
AT&T Inc, 5.35% 1nov2066, USD
1.01%
Bank of America Corp.
1.00%
Morgan Stanley
1.00%
Morgan Stanley
0.98%
RNMN
State Street Institutional US Government Money Market Fund
5.77%
Graf Global Corp.
2.63%
Solarius Capital Acquisition Corp.
2.10%
Bitcoin Infrastructure Acquisition Corp. Ltd.
2.02%
Activate Energy Acquisition Corp.
2.02%
Lafayette Digital Acquisition Corp. I
2.01%
SC II Acquisition Corp.
2.01%
Legato Merger Corp. IV
2.00%
SUMA Acquisition Corp.
2.00%
United Acquisition Corp. I
2.00%
EQV Ventures Acquisition Corp. II
1.99%
Invest Green Acquisition Corp.
1.93%
Hall Chadwick Acquisition Corp.
1.93%
KYG370731062
1.80%
Mountain Lake Acquisition Corp. II
1.54%
Frequently asked questions about PGX and RNMN
How have the PGX and RNMN ETFs performed in 2026?
As of October 2, 2026, PGX is down -9.01% year-to-date (YTD), while RNMN has returned 2.07%. That puts RNMN better performer ahead so far this year.
Which ETF is attracting more investor money: PGX or RNMN?
Year-to-date, the PGX ETF saw +$27M in flows, compared to +$2M for RNMN.
Which ETF is more volatile: PGX or RNMN?
Over the past year, PGX had a volatility of 5.26%, while RNMN experienced 1.87%.
Which ETF is bigger: PGX or RNMN?
As of October 2, 2026, PGX holds $3.63 B in assets under management (AUM), while RNMN manages $6.90 M.
What sectors do the PGX and RNMN ETFs invest in?
PGX leans toward sectors like Finance and Utilities. Meanwhile, RNMN focuses on Finance.
What are the top holdings of the PGX ETF and RNMN ETF?
PGX top holdings include JPMorgan Chase & Co., JPMorgan Chase & Co. and Wells Fargo & Co.. RNMN holds in its top three: State Street Institutional US Government Money Market Fund, Graf Global Corp. and Solarius Capital Acquisition Corp..
Which ETF is more diversified: PGX or RNMN?
PGX holds 270 securities with 18.05% of its assets in the top 15. RNMN has 207 securities and a top 15 weight of 33.75%.
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