PGF holdings and overlap
Invesco Financial Preferred ETF (PGF) holds 41 positions in its Invesco file of 2026-10-24. Its three largest are JPMorgan Chase & Co preferred stock (JPM.PFD) at 12.28%, Bank of America Corp preferred stock (BAC.PFD) at 10.71% and Morgan Stanley preferred stock (MS.PFD) at 10.62%, and its ten largest make up 63.1% of the fund.
In its Invesco file of 2026-10-24, PGF is 94.8% financials by sector (no sector found for 5.2%), with none of it in mega-cap tech or in the ten largest US companies by market value.
What does PGF hold, as of its issuer file of 2026-10-24?
PGF spreads its weight across 41 positions, against a median of 157 across the 4 Preferred Securities funds with a page here. No fund with a page here holds more JPM.PFD than PGF does, out of the 4 that hold it at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | JPM.PFD JPMorgan Chase & Co preferred stock | 12.28% | |
| 2 | BAC.PFD Bank of America Corp preferred stock | 10.71% | |
| 3 | MS.PFD Morgan Stanley preferred stock | 10.62% | |
| 4 | WFC.PFD Wells Fargo & Co preferred stock | 6.83% | |
| 5 | COF.PFD Capital One Financial Corp preferred stock | 4.57% | |
| 6 | MTB.PFD M&T Bank Corp preferred stock | 4.01% | |
| 7 | ATH Athene Holding Ltd | 3.9% | |
| 8 | KEY.PFD KeyCorp preferred stock | 3.68% | |
| 9 | ALL.PFD Allstate Corp/The preferred stock | 3.47% | |
| 10 | USB.PFD US Bancorp preferred stock | 3.03% | |
| 11 | MET.PFD MetLife Inc preferred stock | 2.83% | |
| 12 | RF.PFD Regions Financial Corp preferred stock | 2.55% | |
| 13 | CFG.PFD Citizens Financial Group Inc preferred stock | 2.31% | |
| 14 | SYF.PFD Synchrony Financial preferred stock | 2.23% | |
| 15 | TFC.PFD Truist Financial Corp preferred stock | 2.21% | |
| 16 | SCHW.PFD Charles Schwab Corp/The preferred stock | 2.16% | |
| 17 | BHF.PFD Brighthouse Financial Inc preferred stock | 1.67% | |
| 18 | C.PFD Citigroup Inc preferred stock | 1.58% | |
| 19 | EQH.PFD Equitable Holdings Inc preferred stock | 1.57% | |
| 20 | HBAN.PFD Huntington Bancshares Inc/OH preferred stock | 1.32% | |
| 21 | FCNCA.PFD First Citizens BancShares Inc/NC preferred stock | 1.28% | |
| 22 | FITB.PFD Fifth Third Bancorp preferred stock | 1.21% | |
| 23 | JXN.PFD Jackson Financial Inc preferred stock | 1.19% | |
| 24 | ACGL.PFD Arch Capital Group Ltd preferred stock | 1.14% | |
| 25 | BNY.PFD Bank of New York Mellon Corp/The preferred stock | 1.03% | |
| 26 | FLG.PFD Flagstar Bank NA preferred stock | 1.02% | |
| 27 | RNR.PFD RenaissanceRe Holdings Ltd preferred stock | 1.0% | |
| 28 | STT.PFD State Street Corp preferred stock | 0.83% | |
| 29 | AXS.PFD Axis Capital Holdings Ltd preferred stock | 0.81% | |
| 30 | FHN.PFD First Horizon Corp preferred stock | 0.77% | |
| 31 | LNC.PFD Lincoln National Corp preferred stock | 0.73% | |
| 32 | AHL Aspen Insurance Holdings Ltd | 0.72% | |
| 33 | UMBF.PFD UMB Financial Corp preferred stock | 0.66% | |
| 34 | HIG.PFD Hartford Insurance Group Inc/The preferred stock | 0.65% | |
| 35 | NTRS.PFD Northern Trust Corp preferred stock | 0.62% | |
| 36 | ANGINC American National Group Inc | 0.59% | |
| 37 | VOYA.PFD Voya Financial Inc preferred stock | 0.58% | |
| 38 | OZK.PFD Bank OZK preferred stock | 0.44% | |
| 39 | TCBI.PFD Texas Capital Bancshares Inc preferred stock | 0.44% | |
| 40 | WAFD.PFD WaFd Inc preferred stock | 0.38% | |
| 41 | SF.PFD Stifel Financial Corp preferred stock | 0.37% |
The most recent file Invesco has published for PGF is dated 2026-10-24, 4 days before these prices, which is the median for the Invesco ETFs covered here. Every one of the 41 positions PGF holds, with its weight, is in the fund's JSON file. See the other 3 ETFs with a page here that hold JPM.PFD, and how their weights compare with the 12.28% PGF gives it.
Category: Preferred Securities, set by TickerInside from the ETF's own latest file. In its file of 2026-10-24, 95% of its holdings are preferred shares. How categories are set.
https://tickerinside.com/api/v1/fund/pgf.jsonhttps://tickerinside.com/api/v1/fund/pgf.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/pgf.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/pgf.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/pgf.jsonHow much money went into or out of PGF?
On the close of Friday, October 23, 2026, PGF neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0, 4 of them measured.
From PGF's own holdings files. Every ETF's latest flows.
How is PGF split by sector?
| Sector | Weight | Weight bar |
|---|---|---|
| Financials | 94.8% | |
| No sector found | 5.2% |
From its Invesco file of 2026-10-24. How these are measured.
What did PGF hold in its SEC reports since 2019?
In PGF's SEC filings, its largest position went from JPMorgan Chase & Co preferred stock (JPM.PFD) at 9.87% on 2019-10-31 to Morgan Stanley preferred stock (MS.PFD) at 9.98% on 2026-07-31, across 26 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-10-31 | 57 | JPM.PFD 9.87% | 49.5% |
| 2020-10-31 | 60 | WFC.PFD 13.39% | 51.5% |
| 2021-10-31 | 69 | JPM.PFD 7.32% | 44.6% |
| 2022-10-31 | 71 | MS.PFD 8.63% | 48.5% |
| 2023-10-31 | 69 | MS.PFD 8.67% | 45.8% |
| 2024-10-31 | 61 | MS.PFD 9.22% | 45.8% |
| 2025-10-31 | 64 | MS.PFD 9.73% | 45.6% |
| 2026-07-31 | 66 | MS.PFD 9.98% | 45.0% |
The first report, then the last of each year, of the 26 reports PGF filed on SEC Form N-PORT from 2019-10-31 to 2026-07-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/pgf/{date}.json. How these are read.
What does PGF duplicate?
The ETF nearest to PGF is PGX: the two hold 57.2% of their weight in common, in the 40 companies both own, and 99.0% of PGF itself is also held there. Owning PGF alongside the ETFs at the top of this table means about half of the weight is held twice. PGF is close to contained in PGX.
| ETF | Overlap by weight | Of PGF held there | Of that ETF in PGF | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| PGX | 57.2% | 99.0% | 57.6% | 40 | |
| PFF | 34.3% | 100.0% | 34.8% | 41 | |
| CVY | 4.8% | 43.3% | 5.0% | 5 | |
| PSK | 4.2% | 25.8% | 4.7% | 6 | |
| CNRG | 0% | 0.0% | 0.0% | 0 | |
| CWI | 0% | 0.0% | 0.0% | 0 | |
| BMVP | 0% | 0.0% | 0.0% | 0 | |
| AAXJ | 0% | 0.0% | 0.0% | 0 | |
| DGT | 0% | 0.0% | 0.0% | 0 | |
| CGW | 0% | 0.0% | 0.0% | 0 | |
| ACWI | 0% | 0.0% | 0.0% | 0 | |
| DIA | 0% | 0.0% | 0.0% | 0 |
From each issuer's latest file. Check PGF against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to PGF?
USMV shares 0% of weight with PGF and its weekly returns correlate with it at 0.37 over three years. The table lists the covered ETFs with the least in common with PGF, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.0% | 0.37 | 0 |
| THRO | iShares U.S. Thematic Rotation Active ETF | 0.0% | 0.37 | 0 |
| VLUE | iShares MSCI USA Value Factor ETF | 0.0% | 0.38 | 0 |
| SUSA | iShares ESG Optimized MSCI USA ETF | 0.0% | 0.41 | 0 |
| URTH | iShares MSCI World ETF | 0.0% | 0.42 | 0 |
| IJH | iShares Core S&P Mid-Cap ETF | 0.0% | 0.50 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.50 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.53 | 0 |
Cost, returns and risk
| Expense ratio | 0.56% |
|---|---|
| Dividend yield | 6.86% |
| Total return, 1 year | -8.1% |
| Total return, 3 years cumulative | 7.2% |
| Total return, 5 years cumulative | -11.6% |
| Volatility, annualised | 8.8% |
| Worst fall, 3 years | -10.8% |
| Beta against SPY, 3 years of weekly returns | 0.25 |
| Weight in the ten largest positions | 63.1% |
| Largest single position | 12.3% |
| Assets under management | $0.6B |
Expense ratio, yield and assets are reference data (the expense ratio from PGF's SEC filing of 2026-08-27); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-24; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.39barely linked | 48 |
| QQQ | 0.28barely linked | 48 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | -6.9% |
| 2025 | 3.4% |
| 2024 | 6.0% |
| 2023 | 7.7% |
| 2022 | -19.2% |
One year
Where to go next
- PGX, Invesco Preferred ETF
- PSK, State Street SPDR ICE Preferred Securities ETF
- PFF, iShares Preferred and Income Securities ETF
- Run a portfolio x-ray to see what PGF carries once you look through it
- Compare PGF against any other ETF in the builder
Holdings from the most recent file Invesco has published, dated 2026-10-24. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, Invesco Financial Preferred ETF (PGF), holdings from the issuer's file of 2026-10-24, https://tickerinside.com/etf/pgf/, CC BY 4.0
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