PGX vs SPY: Holdings Overlap
Invesco · 266 holdings · $3.8B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (PGX: 2026-05-31, SPY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are PGX and SPY?
Invesco Preferred ETF (PGX, by Invesco) holds 266 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0PGX holds 266 · SPY holds 504
- Weight in Shared Holdings
- PGX 0%·SPY 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in PGX
266 of 266 positions (99.8% of the fund) are not held by SPY. Showing the top 30 by weight.
- JPMorgan Chase & Co., Series EE, Pfd.1.77%
- JPMorgan Chase & Co., Series DD, Pfd.1.54%
- Wells Fargo & Co., Series Z, Pfd.1.42%
- JPMorgan Chase & Co., Series LL, Pfd.1.31%
- JPMorgan Chase & Co., Series MM, Pfd.1.31%
- Bank of America Corp., Series GG, Pfd.1.27%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| PGX | -0.9% | -1.2% | +0.7% | +4.4% | -1.3% | +2.0% | 6.40% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in PGX vs SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PGX and SPY overlap?
PGX and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (PGX holds 266 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PGX and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does PGX own that SPY doesn't?
266 positions (99.8% of PGX) are unique to PGX, led by JPMorgan Chase & Co., Series EE, Pfd., JPMorgan Chase & Co., Series DD, Pfd. and Wells Fargo & Co., Series Z, Pfd.. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.