Invesco International Corporate Bond ETF (PICB)
PICB is a passive ETF by Invesco tracking the investment results of the S&P International Corporate Bond Index. PICB launched on Jun 3, 2010 and has a 0.50% expense ratio.
ETF Info
| ISIN | US73936Q8353 |
|---|---|
| CUSIP | 46138E636 |
| Issuer | Invesco |
| Inception Date | Jun 3, 2010 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds |
| Leveraged | 1x |
| Index Tracked | S&P International Corporate Bond Index |
| Asset Class | Bond |
Expense Ratio
PICB 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: PICB vs. CBON, PICB vs. HYXU, PICB vs. VAGU.L, PICB vs. BNDX, PICB vs. BLV, PICB vs. PGHY, PICB vs. VCLT, PICB vs. IAGG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco International Corporate 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.
Returns By Period
Invesco International Corporate Bond ETF had a return of -1.70% year-to-date (YTD) and 4.73% in the last 12 months. Over the past 10 years, Invesco International Corporate Bond ETF had an annualized return of -0.80%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco International Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.70% | 25.48% |
| 1 month | -2.99% | 2.14% |
| 6 months | 0.01% | 12.76% |
| 1 year | 4.73% | 33.14% |
| 5 years (annualized) | -1.84% | 13.96% |
| 10 years (annualized) | -0.80% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PICB, 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 | -2.41% | -1.09% | 1.27% | -2.54% | 2.19% | -0.47% | 2.76% | 2.47% | 1.83% | -4.06% | -1.70% | ||
| 2023 | 4.38% | -4.44% | 3.72% | 1.43% | -2.80% | 1.37% | 2.25% | -1.80% | -3.64% | -0.13% | 6.00% | 5.35% | 11.57% |
| 2022 | -3.51% | -2.89% | -2.53% | -7.57% | 0.25% | -5.89% | 3.46% | -8.22% | -7.72% | 2.93% | 8.58% | -1.02% | -22.81% |
| 2021 | -1.30% | -1.93% | -1.85% | 2.24% | 1.55% | -1.66% | 1.34% | -1.42% | -3.16% | 0.61% | -2.22% | 0.89% | -6.87% |
| 2020 | 1.10% | -2.07% | -8.61% | 5.98% | 1.26% | 2.37% | 5.80% | 1.08% | -1.67% | 0.20% | 4.16% | 3.45% | 12.87% |
| 2019 | 2.94% | 0.60% | 0.78% | -0.02% | -1.11% | 3.32% | -1.36% | 0.90% | -0.80% | 2.59% | -0.78% | 2.11% | 9.40% |
| 2018 | 2.93% | -2.93% | 1.37% | -2.17% | -2.88% | -0.74% | 0.44% | -0.71% | -0.08% | -2.62% | -1.29% | 1.36% | -7.27% |
| 2017 | 1.42% | -0.14% | 1.15% | 2.14% | 2.56% | 0.78% | 3.52% | 0.05% | -0.23% | -0.41% | 1.10% | 1.71% | 14.43% |
| 2016 | -1.35% | -0.22% | 6.71% | 1.56% | -1.84% | -0.97% | 2.92% | 1.55% | -1.07% | -5.71% | -2.88% | 1.00% | -0.84% |
| 2015 | -3.29% | -0.07% | -3.20% | 3.10% | -1.97% | -0.92% | 0.08% | -0.53% | -1.68% | 1.28% | -2.54% | 0.23% | -9.29% |
| 2014 | -0.45% | 2.48% | 0.26% | 1.86% | -0.41% | 1.50% | -1.39% | 0.15% | -3.48% | -0.91% | -0.22% | -0.43% | -1.16% |
| 2013 | -0.46% | -2.67% | 0.32% | 4.21% | -3.03% | -3.81% | 3.42% | -0.71% | 3.95% | 1.36% | -0.10% | 0.36% | 2.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PICB is 20, indicating that it is in the bottom 20% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco International Corporate Bond ETF (PICB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco International Corporate Bond ETF provided a 3.02% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.52 | $0.35 | $0.37 | $0.37 | $0.39 | $0.43 | $0.41 | $0.54 | $0.60 | $0.75 | $0.81 |
Dividend yield | 3.02% | 2.25% | 1.64% | 1.33% | 1.21% | 1.43% | 1.70% | 1.47% | 2.20% | 2.38% | 2.65% | 2.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco International Corporate Bond 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 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.57 | |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.52 |
| 2022 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.11 | $0.37 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.06 | $0.37 |
| 2019 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.43 |
| 2017 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.41 |
| 2016 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.54 |
| 2015 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.60 |
| 2014 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.75 |
| 2013 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.81 |
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 International Corporate 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 International Corporate Bond ETF was 37.24%, occurring on Sep 27, 2022. The portfolio has not yet recovered.
The current Invesco International Corporate Bond ETF drawdown is 21.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.24% | Jan 6, 2021 | 435 | Sep 27, 2022 | — | — | — |
| -23.37% | Feb 2, 2018 | 534 | Mar 18, 2020 | 86 | Jul 21, 2020 | 620 |
| -17.27% | Jul 2, 2014 | 621 | Dec 15, 2016 | 283 | Feb 1, 2018 | 904 |
| -11.35% | Aug 8, 2011 | 79 | Nov 28, 2011 | 189 | Aug 28, 2012 | 268 |
| -9.99% | Nov 5, 2010 | 31 | Dec 20, 2010 | 85 | Apr 21, 2011 | 116 |
Volatility
Volatility Chart
The current Invesco International Corporate Bond ETF volatility is 2.60%, 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.