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Invesco Dynamic Food & Beverage ETF (PBJ) Sharpe Ratio: 0.00

ETF · Currency in USD · Last updated Jun 3, 2026

PBJ is a passive ETF by Invesco tracking the investment results of the Dynamic Food & Beverage Intellidex Index. PBJ launched on Jun 23, 2005 and has a 0.63% expense ratio.

PBJ's Sharpe Ratio of 0.00 indicates that for each unit of volatility, it generates 0.00 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

PBJ Sharpe Ratio Rank

PBJ Sharpe Ratio Rank: 8.89
Concerning

PBJ ranks above 8.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

PBJ Sharpe Ratio Market Positioning

The chart shows PBJ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.91 or lower
  • Yellow zone (middle 50%): 0.91 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.87+
  • Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco Dynamic Food & Beverage ETF's Sharpe Ratio with other ETFs in the Consumer Staples Equities category across multiple time periods, showing how PBJ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XLPState Street Consumer Staples Select Sector SPDR ETF0.12
KXIiShares Global Consumer Staples ETF0.09
IYKiShares U.S. Consumer Goods ETF0.07
VDCVanguard Consumer Staples ETF0.04
FSTAFidelity MSCI Consumer Staples Index ETF0.02
PBJInvesco Dynamic Food & Beverage ETF0.00
FTXGFirst Trust Nasdaq Food & Beverage ETF-0.01
RSPSInvesco S&P 500 Equal Weight Consumer Staples ETF-0.05
PSLInvesco DWA Consumer Staples Momentum ETF-0.20
FXGFirst Trust Consumer Staples AlphaDEX Fund-0.21

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PBJ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PBJ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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