- ISIN
- US73935X8496
- CUSIP
- 46137V753
- Issuer
- Invesco
- Inception Date
- Jun 23, 2005
- Region
- North America (U.S.)
- Category
- Consumer Staples Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dynamic Food & Beverage Intellidex Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $88M
Share Price Chart
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Performance
PBJ Performance Chart
Invesco Dynamic Food & Beverage ETF (PBJ) is up 3.7% since the beginning of the year. PBJ is currently trading at $46 per share. Investors who bought $1,000 worth of PBJ shares 5 years ago would now be looking at an investment worth $1,189.
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Returns By Period
Invesco Dynamic Food & Beverage ETF (PBJ) has returned 3.69% so far this year and -0.53% over the past 12 months. Over the last ten years, PBJ has returned 5.00% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco Dynamic Food & Beverage ETF
- 1D
- -0.48%
- 1M
- -4.46%
- YTD
- 3.69%
- 6M
- 2.53%
- 1Y
- -0.53%
- 3Y*
- 1.94%
- 5Y*
- 3.52%
- 10Y*
- 5.00%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PBJ Monthly Returns History
Based on dividend-adjusted daily data since Jun 23, 2005, PBJ's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 57% of months were positive and 43% were negative. The best month was Oct 2022 with a return of +11.6%, while the worst month was Oct 2008 at -12.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, PBJ closed higher 52% of trading days. The best single day was Mar 17, 2020 with a return of +7.5%, while the worst single day was Mar 12, 2020 at -9.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.84% | 6.48% | -3.63% | 2.66% | -4.94% | -3.08% | 3.69% | ||||||
| 2025 | 2.86% | -1.29% | -2.11% | 2.81% | 2.65% | -1.88% | 0.99% | -0.76% | -2.88% | -5.52% | 5.32% | -1.55% | -1.86% |
| 2024 | -2.23% | 3.55% | 5.11% | -2.34% | -1.91% | -1.88% | 1.62% | 2.59% | 1.88% | -4.30% | 6.09% | -4.98% | 2.49% |
| 2023 | 0.96% | -2.43% | 3.54% | 1.86% | -4.55% | 1.41% | 0.88% | -3.03% | -4.36% | -2.69% | 6.99% | 4.47% | 2.31% |
| 2022 | -2.04% | 0.48% | 4.34% | 1.13% | -2.72% | -3.19% | 4.17% | -0.11% | -7.67% | 11.57% | 3.29% | -4.75% | 3.14% |
| 2021 | 4.40% | -0.64% | 7.82% | 3.14% | 3.59% | -1.59% | -1.43% | 2.97% | -0.86% | 1.19% | -2.07% | 8.19% | 26.88% |
Benchmark Metrics
Invesco Dynamic Food & Beverage ETF has an annualized alpha of 1.35%, beta of 0.63, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since June 23, 2005.
- This ETF participated in 63.93% of S&P 500 Index downside but only 60.92% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.35%
- Beta
- 0.63
- R²
- 0.60
- Upside Capture
- 60.92%
- Downside Capture
- 63.93%
Expense Ratio
PBJ has an expense ratio of 0.63%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PBJ ranks 8 for risk / return — in the bottom 8% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Dynamic Food & Beverage ETF (PBJ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PBJ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.37 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 2.78 | -2.83 |
| Martin ratioReturn relative to average drawdown | -0.10 | 12.44 | -12.54 |
Dividends
Dividend History
Invesco Dynamic Food & Beverage ETF provided a 1.93% dividend yield over the last twelve months, with an annual payout of $0.89 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.82 | $0.52 | $0.83 | $0.83 | $0.41 | $0.40 | $0.42 | $0.42 | $0.24 | $0.52 | $0.40 |
Dividend yield | 1.93% | 1.83% | 1.11% | 1.81% | 1.82% | 0.90% | 1.12% | 1.21% | 1.41% | 0.70% | 1.56% | 1.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Dynamic Food & Beverage ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.29 | ||||||
| 2025 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.12 | $0.82 |
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.17 | $0.52 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | $0.83 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.47 | $0.83 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Dynamic Food & Beverage ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Dynamic Food & Beverage ETF was 39.15%, occurring on Mar 9, 2009. Recovery took 404 trading sessions.
The current Invesco Dynamic Food & Beverage ETF drawdown is 8.85%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -39.15%Mar 2009 | 1y 5mo | 1y 7mo | 3y 4dOct 2007 - Oct 2010 |
COVID crash2020 | -28.49%Mar 2020 | 6mo 19d | 8mo 13d | 1y 2moSep 2019 - Dec 2020 |
Rate-hike selloffLate 2018 | -17.03%Dec 2018 | 10mo 29d | 6mo 11d | 1y 5moJan 2018 - Jul 2019 |
2023 correction2023 | -15.81%Oct 2023 | 1y 5mo | 5mo 3d | 1y 10moApr 2022 - Mar 2024 |
2011 correction2011 | -15.66%Oct 2011 | 2mo 13d | 9mo 4d | 11mo 17dJul 2011 - Jul 2012 |
Drawdown Indicators
| PBJ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -56.78% | +17.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.48% | -9.10% | -3.38% |
Max Drawdown (3Y)Largest decline over 3 years | -12.99% | -18.90% | +5.91% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -25.43% | +9.62% |
Max Drawdown (10Y)Largest decline over 10 years | -28.49% | -33.92% | +5.43% |
Current DrawdownCurrent decline from peak | -8.85% | -1.80% | -7.05% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -10.71% | +5.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.39% | 2.03% | +3.36% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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