Invesco Emerging Markets Sovereign Debt ETF (PCY)
PCY is a passive ETF by Invesco tracking the investment results of the DB Emerging Market USD Liquid Balanced Index. PCY launched on Oct 11, 2007 and has a 0.50% expense ratio.
ETF Info
| ISIN | US73936T5737 |
|---|---|
| CUSIP | 73936T573 |
| Issuer | Invesco |
| Inception Date | Oct 11, 2007 |
| Region | Emerging Markets (Broad) |
| Category | Emerging Markets Bonds |
| Leveraged | 1x |
| Index Tracked | DB Emerging Market USD Liquid Balanced Index |
| Home Page | www.invesco.com |
| Asset Class | Bond |
Expense Ratio
PCY features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PCY vs. EMB, PCY vs. ELD, PCY vs. DFEMX, PCY vs. CMF, PCY vs. FEMKX, PCY vs. VWOB, PCY vs. FEMB, PCY vs. VWO, PCY vs. SCHZ, PCY vs. SCHE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Emerging Markets Sovereign Debt ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Emerging Markets Sovereign Debt ETF had a return of 5.15% year-to-date (YTD) and 19.43% in the last 12 months. Over the past 10 years, Invesco Emerging Markets Sovereign Debt ETF had an annualized return of 2.08%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco Emerging Markets Sovereign Debt ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.15% | 25.45% |
| 1 month | -1.74% | 2.91% |
| 6 months | 4.48% | 14.05% |
| 1 year | 19.43% | 35.64% |
| 5 years (annualized) | -1.10% | 14.13% |
| 10 years (annualized) | 2.08% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PCY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.08% | 0.90% | 2.11% | -3.53% | 3.61% | -0.61% | 2.85% | 3.34% | 2.75% | -4.21% | 5.15% | ||
| 2023 | 5.73% | -2.59% | 1.35% | 0.89% | -1.61% | 4.16% | 2.74% | -2.74% | -4.53% | -1.71% | 9.37% | 7.05% | 18.48% |
| 2022 | -4.53% | -8.26% | -0.71% | -9.52% | 1.36% | -9.10% | 5.11% | -2.77% | -8.96% | 0.14% | 13.90% | -1.81% | -24.46% |
| 2021 | -1.37% | -3.81% | -1.05% | 2.64% | 1.02% | 0.68% | 0.42% | 0.89% | -3.59% | 0.51% | -2.76% | 2.30% | -4.30% |
| 2020 | 1.32% | -1.75% | -17.69% | 2.94% | 5.51% | 4.55% | 4.23% | 0.82% | -2.70% | -0.83% | 5.58% | 2.68% | 2.29% |
| 2019 | 4.69% | 0.77% | 1.73% | 0.29% | -0.06% | 4.82% | 1.35% | 1.54% | -1.26% | 0.36% | -0.90% | 3.26% | 17.66% |
| 2018 | -0.79% | -2.92% | 0.12% | -2.18% | -1.10% | -1.59% | 3.43% | -2.13% | 1.73% | -2.77% | -0.18% | 2.26% | -6.16% |
| 2017 | 1.86% | 1.80% | 0.48% | 1.87% | 0.69% | -0.58% | 0.96% | 2.18% | -0.21% | -0.11% | -0.81% | 1.22% | 9.71% |
| 2016 | -0.05% | 1.73% | 3.32% | 1.53% | -0.34% | 4.64% | 2.38% | 1.80% | 0.55% | -2.73% | -5.41% | 1.56% | 8.92% |
| 2015 | 2.61% | -0.31% | -0.14% | 1.37% | -0.51% | -2.04% | 1.12% | -0.39% | -0.33% | 2.66% | 0.04% | -1.70% | 2.28% |
| 2014 | -0.62% | 3.47% | 2.03% | 1.32% | 4.00% | -0.04% | -0.42% | 2.24% | -3.07% | 2.48% | -0.20% | -2.14% | 9.16% |
| 2013 | -2.96% | -0.08% | -1.23% | 4.44% | -6.43% | -5.20% | 0.57% | -3.36% | 4.21% | 2.44% | -3.10% | 0.62% | -10.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PCY is 47, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Emerging Markets Sovereign Debt ETF (PCY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Emerging Markets Sovereign Debt ETF provided a 6.51% dividend yield over the last twelve months, with an annual payout of $1.34 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.34 | $1.34 | $1.27 | $1.26 | $1.28 | $1.42 | $1.30 | $1.42 | $1.47 | $1.49 | $1.29 | $1.27 |
Dividend yield | 6.51% | 6.48% | 6.81% | 4.80% | 4.45% | 4.79% | 4.93% | 4.80% | 5.20% | 5.46% | 4.58% | 4.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Emerging Markets Sovereign Debt 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.00 | $1.10 | |
| 2023 | $0.10 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.13 | $0.12 | $1.34 |
| 2022 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $0.09 | $0.09 | $0.10 | $0.10 | $1.27 |
| 2021 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.26 |
| 2020 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.10 | $0.10 | $0.07 | $0.10 | $0.11 | $0.11 | $1.28 |
| 2019 | $0.12 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.12 | $0.12 | $1.42 |
| 2018 | $0.10 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $1.30 |
| 2017 | $0.13 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.09 | $1.42 |
| 2016 | $0.13 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.47 |
| 2015 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $1.49 |
| 2014 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.10 | $0.11 | $0.11 | $1.29 |
| 2013 | $0.12 | $0.12 | $0.11 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.11 | $0.10 | $0.10 | $0.11 | $1.27 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Emerging Markets Sovereign Debt 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 Emerging Markets Sovereign Debt ETF was 49.14%, occurring on Oct 27, 2008. Recovery took 211 trading sessions.
The current Invesco Emerging Markets Sovereign Debt ETF drawdown is 10.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.14% | Sep 30, 2008 | 20 | Oct 27, 2008 | 211 | Aug 28, 2009 | 231 |
| -37.78% | Feb 24, 2020 | 672 | Oct 20, 2022 | — | — | — |
| -21.75% | May 22, 2008 | 82 | Sep 17, 2008 | 8 | Sep 29, 2008 | 90 |
| -16.56% | May 3, 2013 | 36 | Jun 24, 2013 | 297 | Aug 27, 2014 | 333 |
| -10.16% | Jan 9, 2018 | 224 | Nov 27, 2018 | 77 | Mar 21, 2019 | 301 |
Volatility
Volatility Chart
The current Invesco Emerging Markets Sovereign Debt ETF volatility is 3.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.