Invesco Dynamic Leisure & Entertainment ETF (PEJ) belongs to the Consumer Discretionary Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PEJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PEJ
PEJ charges 0.55% annually. There are 15 ETFs in the Consumer Discretionary Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Consumer Discretionary Index ETF | 0.08% | 1.70B | Oct 2013 | PEJ vs FDIS | |
| Vanguard Consumer Discretionary ETF | 0.10% | 6.80B | Jan 2004 | PEJ vs VCR | |
| Consumer Discretionary Select Sector SPDR Fund | 0.13% | 21.77B | Dec 1998 | PEJ vs XLY | |
| Global X PureCap MSCI Consumer Discretionary ETF | 0.15% | — | Jul 2025 | PEJ vs GXPD | |
| VanEck Consumer Discretionary TruSector ETF | 0.16% | 56.35M | Aug 2025 | PEJ vs TRUD |
Best Risk-Adjusted Alternatives to PEJ
PEJ has a PortfoliosLab risk / return rank of 39. There are 2 ETFs in the Consumer Discretionary Equities category with higher risk-adjusted ranks, going as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ Global Auto Index Fund | 81 | 46.29M | May 2011 | PEJ vs CARZ | |
| VanEck Retail ETF | 39 | 257.98M | Dec 2011 | PEJ vs RTH | |
| AdvisorShares Hotel ETF | 34 | 2.99M | Apr 2021 | PEJ vs BEDZ | |
| Invesco S&P SmallCap Consumer Discretionary ETF | 32 | 23.54M | Apr 2010 | PEJ vs PSCD | |
| SPDR S&P Retail ETF | 31 | 326.03M | Jun 2006 | PEJ vs XRT |
Top Performing PEJ Alternatives (YTD)
PEJ is at 9.41% YTD. There are 3 ETFs in the Consumer Discretionary Equities category with higher YTD returns, going as high as 31.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ Global Auto Index Fund | 31.11% | 46.29M | May 2011 | PEJ vs CARZ | |
| Invesco S&P SmallCap Consumer Discretionary ETF | 13.01% | 23.54M | Apr 2010 | PEJ vs PSCD | |
| AdvisorShares Hotel ETF | 11.91% | 2.99M | Apr 2021 | PEJ vs BEDZ | |
| VanEck Retail ETF | 7.50% | 257.98M | Dec 2011 | PEJ vs RTH | |
| SPDR S&P Retail ETF | 5.78% | 326.03M | Jun 2006 | PEJ vs XRT |
Lowest Volatility Alternatives to PEJ
PEJ has 18.67% 1-year volatility. There are 7 ETFs in the Consumer Discretionary Equities category with lower 1-year volatility, going as low as 13.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Retail ETF | 13.28% | 257.98M | Dec 2011 | PEJ vs RTH | |
| AdvisorShares Vice ETF | 13.83% | 7.34M | Dec 2017 | PEJ vs VICE | |
| iShares Evolved U.S. Discretionary Spending ETF | 14.29% | 28.00M | Mar 2018 | PEJ vs IEDI | |
| iShares U.S. Consumer Discretionary ETF | 15.28% | 1.19B | Jun 2000 | PEJ vs IYC | |
| State Street Consumer Discretionary Select Sector ... | 16.34% | 1.99M | Jul 2025 | PEJ vs XLYI |
Lowest Drawdown Alternatives to PEJ
PEJ has a 1-year max drawdown of -10.29%. There are 2 ETFs in the Consumer Discretionary Equities category with shallower 1-year drawdowns, going as shallow as -7.83%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Retail ETF | -7.83% | 257.98M | Dec 2011 | PEJ vs RTH | |
| iShares Evolved U.S. Discretionary Spending ETF | -9.44% | 28.00M | Mar 2018 | PEJ vs IEDI | |
| iShares U.S. Consumer Discretionary ETF | -11.97% | 1.19B | Jun 2000 | PEJ vs IYC | |
| AdvisorShares Hotel ETF | -12.06% | 2.99M | Apr 2021 | PEJ vs BEDZ | |
| State Street Consumer Discretionary Select Sector ... | -12.32% | 1.99M | Jul 2025 | PEJ vs XLYI |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | PEJ vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | PEJ vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | PEJ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | PEJ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | PEJ vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | PEJ vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | PEJ vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | PEJ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | PEJ vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | PEJ vs IDMO |
Often Compared With PEJ
Investors most often compare PEJ with JETS, AWAY, CHIQ. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PEJ with Any Fund or Stock
Compare PEJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PEJ with funds that move differently
Invesco Dynamic Leisure & Entertainment ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PEJ.
Explore PEJ Diversifiers