Broadcom Inc vs Invesco Preferred ETF — how do they compare? Broadcom Inc trades at $419.75 (market cap $1.98T), while Invesco Preferred ETF trades at $10.64. The key difference: Broadcom Inc pays a 0.62% dividend while Invesco Preferred ETF pays none, and Broadcom Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| AVGO | PGX | |
|---|---|---|
Market Cap | $1.98T | — |
Sector | Technology | — |
52-Week High | $481.57 | $11.87 |
52-Week Low | $289.60 | $10.65 |
Enterprise Value | $2.02T | — |
Dividend Yield | 0.62% | — |
Trailing returns across standard periods
Latest headlines on both assets
Broadcom--the combined entity of Broadcom and Avago--boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, Symantec's enterprise security business, and has a pending deal to acquire VMware to bolster its offerings in software.
Read more on AVGO →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
Read more on PGX →