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Invesco Global Short Term High Yield Bond ETF (PGH...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS73936Q7108
CUSIP46138E669
IssuerInvesco
Inception DateJun 20, 2013
RegionGlobal (Broad)
CategoryHigh Yield Bonds
Index TrackedDB Global Short Maturity High Yield Bond Index
Home Pagewww.invesco.com
Asset ClassBond

Expense Ratio

The Invesco Global Short Term High Yield Bond ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.35%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with PGHY

Invesco Global Short Term High Yield Bond ETF

Popular comparisons: PGHY vs. BSJS, PGHY vs. EMCB, PGHY vs. BLHY, PGHY vs. EMHY, PGHY vs. HYEM, PGHY vs. HYDB, PGHY vs. SNLN, PGHY vs. HYZD, PGHY vs. BSV, PGHY vs. BND

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Global Short Term High Yield Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
8.99%
18.39%
PGHY (Invesco Global Short Term High Yield Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Invesco Global Short Term High Yield Bond ETF had a return of 2.27% year-to-date (YTD) and 10.62% in the last 12 months. Over the past 10 years, Invesco Global Short Term High Yield Bond ETF had an annualized return of 3.19%, while the S&P 500 had an annualized return of 10.79%, indicating that Invesco Global Short Term High Yield Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.27%7.41%
1 month-0.80%-0.81%
6 months9.00%18.38%
1 year10.62%23.57%
5 years (annualized)2.45%12.02%
10 years (annualized)3.19%10.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.16%1.24%0.46%
2023-1.31%-1.29%3.99%3.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of PGHY is 86, placing it in the top 14% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the financial indicators listed below.

86
Invesco Global Short Term High Yield Bond ETF(PGHY)
83Sharpe Ratio Rank
86Sortino Ratio Rank
83Omega Ratio Rank
86Calmar Ratio Rank
89Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Global Short Term High Yield Bond ETF (PGHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PGHY
Sharpe ratio
The Sharpe ratio of PGHY compared to the broader market0.002.004.002.07
Sortino ratio
The Sortino ratio of PGHY compared to the broader market-2.000.002.004.006.008.0010.003.25
Omega ratio
The Omega ratio of PGHY compared to the broader market1.001.502.002.501.38
Calmar ratio
The Calmar ratio of PGHY compared to the broader market0.002.004.006.008.0010.0012.002.01
Martin ratio
The Martin ratio of PGHY compared to the broader market0.0020.0040.0060.0080.0012.69
^GSPC
Sharpe ratio
The Sharpe ratio of ^GSPC compared to the broader market0.002.004.002.15
Sortino ratio
The Sortino ratio of ^GSPC compared to the broader market-2.000.002.004.006.008.0010.003.11
Omega ratio
The Omega ratio of ^GSPC compared to the broader market1.001.502.002.501.38
Calmar ratio
The Calmar ratio of ^GSPC compared to the broader market0.002.004.006.008.0010.0012.001.63
Martin ratio
The Martin ratio of ^GSPC compared to the broader market0.0020.0040.0060.0080.008.76

Sharpe Ratio

The current Invesco Global Short Term High Yield Bond ETF Sharpe ratio is 2.07. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.07
2.15
PGHY (Invesco Global Short Term High Yield Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco Global Short Term High Yield Bond ETF granted a 8.19% dividend yield in the last twelve months. The annual payout for that period amounted to $1.61 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.61$1.54$0.98$1.11$1.21$1.21$1.24$1.32$1.53$1.05$1.03$0.48

Dividend yield

8.19%7.87%5.12%5.18%5.45%5.32%5.45%5.52%6.26%4.60%4.41%1.90%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Global Short Term High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.13$0.12$0.12
2023$0.09$0.10$0.11$0.12$0.13$0.14$0.15$0.14$0.14$0.15$0.15$0.13
2022$0.09$0.09$0.09$0.08$0.08$0.08$0.07$0.08$0.08$0.08$0.09$0.09
2021$0.10$0.10$0.10$0.10$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09
2020$0.11$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10
2019$0.11$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10
2018$0.09$0.10$0.10$0.11$0.11$0.11$0.11$0.11$0.10$0.11$0.10$0.10
2017$0.12$0.12$0.12$0.11$0.11$0.11$0.11$0.11$0.10$0.10$0.10$0.10
2016$0.09$0.09$0.09$0.10$0.13$0.13$0.15$0.15$0.15$0.19$0.13$0.14
2015$0.09$0.09$0.09$0.09$0.09$0.08$0.09$0.09$0.08$0.08$0.09$0.09
2014$0.08$0.09$0.09$0.09$0.09$0.09$0.09$0.08$0.09$0.08$0.08$0.08
2013$0.10$0.10$0.10$0.09$0.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-0.96%
-2.49%
PGHY (Invesco Global Short Term High Yield Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Global Short Term High Yield Bond 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 Global Short Term High Yield Bond ETF was 20.50%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.

The current Invesco Global Short Term High Yield Bond ETF drawdown is 0.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.5%Feb 7, 202028Mar 18, 2020175Nov 24, 2020203
-9.71%Jul 16, 2021250Jul 13, 2022348Nov 29, 2023598
-5.57%Nov 9, 201565Feb 11, 201623Mar 16, 201688
-5.31%Jun 17, 2014128Dec 16, 2014224Nov 6, 2015352
-1.85%Sep 20, 201340Nov 14, 201391Mar 28, 2014131

Volatility

Volatility Chart

The current Invesco Global Short Term High Yield Bond ETF volatility is 1.23%, 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.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
1.23%
3.24%
PGHY (Invesco Global Short Term High Yield Bond ETF)
Benchmark (^GSPC)