PCEF vs RAAX
Invesco CEF Income Composite ETF compared with VanEck Real Assets ETF on yield, payout growth, payment schedule, cost and risk.
PCEF
Invesco CEF Income Composite ETF
TTM yield · Monthly
RAAX
VanEck Real Assets ETF
TTM yield · Annual
Quick take
- PCEF yields more today: 7.85% vs 2.02% (forward).
- PCEF has grown its payout faster: -0.0%/yr vs -10.1%/yr over the last 5 years.
- PCEF pays every month; RAAX pays once a year.
- Over the last year RAAX delivered the higher total return: +19.6% vs +2.6% (price change plus payouts).
- RAAX is cheaper to own: 0.55% vs 2.71% expense ratio.
- PCEF has the steadier distribution: consistency 95/100 vs 45/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PCEF | RAAX |
|---|---|---|
| Share price | $18.99 | $40.39 |
| TTM yield | 7.85% | 2.02% |
| Forward yield | 7.85% | 2.02% |
| Annual payout per share | $1.491 | $0.816 |
| Payment frequency | Monthly | Annual |
| Next ex-date | Nov 16, 2026 (est.) | Dec 31, 2026 (est.) |
| Expense ratio | 2.71% | 0.55% |
| 1-year payout growth | -6.6% | +51.1% |
| 5-year payout CAGR | -0.0% | -10.1% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 95/100 | 45/100 |
| 1-year total return | +2.6% | +19.6% |
| 1-year price return | -4.9% | +17.2% |
| Size (market cap / AUM) | 771.8M | 1.3B |
| Years paying | 16.6 | 7.8 |
| Sector / category | Global Moderate Allocation | Global Moderate Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| PCEF | RAAX | |
|---|---|---|
| Shares | 526.6 | 247.6 |
| Income per year | $785 | $202 |
| Income per month (avg) | $65 | $17 |
At forward yields, before taxes. Model PCEF · Model RAAX
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PCEF Nov 16, 2026 | Nov 30, 2026 | $0.1243 | Est. |
| PCEF Dec 14, 2026 | Dec 28, 2026 | $0.1242 | Est. |
| PCEF Jan 11, 2027 | Jan 25, 2027 | $0.1242 | Est. |
| RAAX Dec 31, 2026 | Jan 14, 2027 | $0.816 | Est. |
Annual payouts per share
PCEFRAAX
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, PCEF or RAAX?
PCEF currently has the higher trailing yield: PCEF yields 7.85% and RAAX yields 2.02%. Yield changes daily with price, so check the live figures above.
How often do PCEF and RAAX pay?
PCEF pays every month and RAAX pays once a year. PCEF's next ex-date is Nov 16, 2026 and RAAX's is Dec 31, 2026.
Which has grown its dividend faster, PCEF or RAAX?
PCEF has grown its payout faster: -0.0%/yr vs -10.1%/yr over the last 5 years.
Is PCEF or RAAX better for income?
It depends on what you are optimising for. PCEF and RAAX differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.