PBJ vs. FTXG: How Have These Two Food & Beverage ETFs Stacked Up Against One Another (And the S&P 500?)
PBJ offers greater liquidity and lower drawdown, while FTXG appeals to income investors with its 2.60% dividend yield.
Overview
Invesco Food & Beverage ETF (NYSEMKT:PBJ) offers greater liquidity and lower historical drawdown, whereas First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) may appeal to income-focused investors due to its higher trailing dividend yield.
The Invesco fund tracks a quantitative index that selects 30 stocks based on share price trajectory and earnings expansion. Meanwhile, the First Trust fund follows the Nasdaq US Smart Food & Beverage Index to provide targeted exposure to domestic companies involved in the production and distribution of food items.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The one-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.