Invesco High Yield Equity Dividend Achievers™ ETF (PEY) belongs to the Mid Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PEY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PEY
PEY charges 0.54% annually. There are 33 ETFs in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value ETF | 0.05% | 37.20B | Aug 2006 | PEY vs VOE | |
| iShares Morningstar Mid-Cap ETF | 0.06% | 1.14B | Jun 2004 | PEY vs IMCV | |
| Research Affiliates Deletions ETF | 0.09% | 34.44M | Sep 2024 | PEY vs NIXT | |
| Vanguard S&P Mid-Cap 400 Value ETF | 0.10% | 1.50B | Sep 2010 | PEY vs IVOV | |
| WisdomTree U.S. Value Fund | 0.12% | 3.19B | Feb 2007 | PEY vs WTV |
Best Risk-Adjusted Alternatives to PEY
PEY has a PortfoliosLab risk / return rank of 71. There are 26 ETFs in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Ultra Dividend Revenue ETF | 95 | 1.80B | Oct 2013 | PEY vs RDIV | |
| ProShares Equities for Rising Rates ETF | 94 | 33.00M | Jul 2017 | PEY vs EQRR | |
| Alpha Architect U.S. Quantitative Value ETF | 94 | 562.24M | Oct 2014 | PEY vs QVAL | |
| Bushido Capital US SMID Cap Equity ETF | 94 | — | May 2025 | PEY vs RNIN | |
| Vanguard U.S. Value Factor ETF | 92 | 845.20M | Feb 2018 | PEY vs VFVA |
Top Performing PEY Alternatives (YTD)
PEY is at 21.78% YTD. There are 4 ETFs in the Mid Cap Value Equities category with higher YTD returns, going as high as 30.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Bushido Capital US SMID Cap Equity ETF | 30.02% | — | May 2025 | PEY vs RNIN | |
| ProShares Equities for Rising Rates ETF | 29.00% | 33.00M | Jul 2017 | PEY vs EQRR | |
| Research Affiliates Deletions ETF | 26.32% | 34.44M | Sep 2024 | PEY vs NIXT | |
| Invesco S&P Ultra Dividend Revenue ETF | 22.74% | 1.80B | Oct 2013 | PEY vs RDIV | |
| Cambria Shareholder Yield ETF | 21.09% | 994.52M | May 2013 | PEY vs SYLD |
Lowest Volatility Alternatives to PEY
PEY has 14.27% 1-year volatility. There are 29 ETFs in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 10.14%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Value Line Dividend Index Fund | 10.14% | 8.29B | Aug 2003 | PEY vs FVD | |
| Global X Adaptive U.S. Factor ETF | 10.46% | 901.95M | Aug 2018 | PEY vs AUSF | |
| Global X SuperDividend U.S. ETF | 10.53% | 783.77M | Mar 2013 | PEY vs DIV | |
| Timothy Plan High Dividend Stock ETF | 10.66% | 358.75M | Apr 2019 | PEY vs TPHD | |
| SPDR S&P Dividend ETF | 10.77% | 23.53B | Nov 2005 | PEY vs SDY |
Lowest Drawdown Alternatives to PEY
PEY has a 1-year max drawdown of -8.88%. There are 28 ETFs in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Ultra Dividend Revenue ETF | -4.84% | 1.80B | Oct 2013 | PEY vs RDIV | |
| ProShares Equities for Rising Rates ETF | -4.95% | 33.00M | Jul 2017 | PEY vs EQRR | |
| Global X SuperDividend U.S. ETF | -5.13% | 783.77M | Mar 2013 | PEY vs DIV | |
| Bushido Capital US SMID Cap Equity ETF | -5.70% | — | May 2025 | PEY vs RNIN | |
| Global X Adaptive U.S. Factor ETF | -5.84% | 901.95M | Aug 2018 | PEY vs AUSF |
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 | PEY vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | PEY vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | PEY vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | PEY vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | PEY vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | PEY vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | PEY vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | PEY vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | PEY vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | PEY vs IDMO |
Often Compared With PEY
Investors most often compare PEY with SCHD, DIVO, DVY. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare PEY with Any Fund or Stock
Compare PEY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PEY with funds that move differently
Invesco High Yield Equity Dividend Achievers™ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PEY.
Explore PEY Diversifiers