Invesco Dynamic Pharmaceuticals ETF (PJP)
PJP is a passive ETF by Invesco tracking the investment results of the Dynamic Pharmaceuticals Intellidex Index. PJP launched on Jun 23, 2005 and has a 0.58% expense ratio.
ETF Info
| ISIN | US73935X7993 |
|---|---|
| CUSIP | 46137V662 |
| Issuer | Invesco |
| Inception Date | Jun 23, 2005 |
| Region | North America (U.S.) |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | Dynamic Pharmaceuticals Intellidex Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
PJP features an expense ratio of 0.58%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PJP vs. USA, PJP vs. IHE, PJP vs. PPH, PJP vs. PBE, PJP vs. QQQ, PJP vs. XPH, PJP vs. IBB, PJP vs. FXAIX, PJP vs. XLV, PJP vs. IHI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Dynamic Pharmaceuticals 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 Dynamic Pharmaceuticals ETF had a return of 15.19% year-to-date (YTD) and 27.37% in the last 12 months. Over the past 10 years, Invesco Dynamic Pharmaceuticals ETF had an annualized return of 4.03%, while the S&P 500 had an annualized return of 11.18%, indicating that Invesco Dynamic Pharmaceuticals ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.19% | 21.88% |
| 1 month | 0.09% | 0.89% |
| 6 months | 11.35% | 15.85% |
| 1 year | 27.37% | 38.63% |
| 5 years (annualized) | 8.66% | 13.69% |
| 10 years (annualized) | 4.03% | 11.18% |
Monthly Returns
The table below presents the monthly returns of PJP, 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 | -0.46% | 1.50% | 4.48% | -3.63% | 3.13% | 3.45% | 4.35% | 4.14% | -2.42% | 15.19% | |||
| 2023 | -0.10% | -3.08% | 0.14% | 2.03% | -4.00% | 1.82% | 2.96% | -0.27% | -6.56% | -4.65% | 2.54% | 7.83% | -2.18% |
| 2022 | -4.92% | -1.91% | 5.43% | -4.57% | -0.42% | -0.56% | 0.59% | -5.03% | -0.23% | 7.42% | 4.77% | -1.84% | -2.16% |
| 2021 | 8.14% | -0.75% | 3.13% | -1.15% | 0.87% | 2.49% | 0.87% | 1.24% | -5.64% | 2.31% | -2.17% | 5.02% | 14.58% |
| 2020 | -3.26% | -6.82% | -5.45% | 13.54% | 3.70% | 0.17% | 0.39% | 1.00% | -2.50% | -3.13% | 8.05% | 7.00% | 11.29% |
| 2019 | 5.34% | 4.03% | -4.54% | -3.97% | -8.72% | 5.55% | -4.57% | -2.42% | 1.40% | 5.42% | 6.80% | 1.71% | 4.64% |
| 2018 | 5.59% | -6.17% | -1.77% | -1.46% | 5.43% | 3.85% | 5.16% | 4.53% | -0.28% | -9.82% | 6.03% | -10.75% | -1.78% |
| 2017 | -0.07% | 8.68% | -3.38% | 3.22% | -3.31% | 7.33% | 0.32% | 1.11% | 2.83% | -4.42% | 1.52% | 1.36% | 15.30% |
| 2016 | -12.32% | -3.50% | 1.52% | 3.43% | 4.15% | -1.82% | 6.91% | -5.03% | -4.02% | -8.48% | -0.69% | 0.38% | -19.25% |
| 2015 | 5.44% | 8.07% | 0.80% | -2.67% | 4.59% | 0.91% | 4.24% | -8.20% | -11.39% | 6.25% | 4.01% | 0.33% | 10.92% |
| 2014 | 2.26% | 9.09% | -5.05% | 1.80% | 2.95% | 3.12% | -3.03% | 6.65% | 0.89% | 7.92% | 0.49% | -1.07% | 28.17% |
| 2013 | 7.47% | 1.89% | 4.47% | 3.09% | 4.50% | -0.38% | 10.10% | -2.32% | 1.37% | 4.11% | 9.75% | 1.82% | 55.69% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PJP is 58, 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 Dynamic Pharmaceuticals ETF (PJP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Dynamic Pharmaceuticals ETF provided a 0.89% dividend yield over the last twelve months, with an annual payout of $0.77 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.77 | $0.77 | $0.75 | $0.66 | $0.54 | $0.50 | $0.70 | $0.42 | $0.51 | $3.84 | $1.97 | $0.24 |
Dividend yield | 0.89% | 1.01% | 0.95% | 0.81% | 0.75% | 0.77% | 1.12% | 0.65% | 0.91% | 5.49% | 2.96% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Dynamic Pharmaceuticals 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 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.58 | ||
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.77 |
| 2022 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.75 |
| 2021 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.66 |
| 2020 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.54 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.50 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.36 | $0.70 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.42 |
| 2016 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.21 | $0.51 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $3.60 | $3.84 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.74 | $1.97 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.24 |
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 Dynamic Pharmaceuticals 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 Dynamic Pharmaceuticals ETF was 37.06%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.
The current Invesco Dynamic Pharmaceuticals ETF drawdown is 2.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.06% | Jul 21, 2015 | 1177 | Mar 23, 2020 | 206 | Jan 14, 2021 | 1383 |
| -36.16% | May 8, 2007 | 461 | Mar 5, 2009 | 220 | Jan 19, 2010 | 681 |
| -17.51% | Apr 11, 2022 | 390 | Oct 27, 2023 | 153 | Jun 7, 2024 | 543 |
| -15.74% | Jul 11, 2011 | 21 | Aug 8, 2011 | 85 | Dec 7, 2011 | 106 |
| -12.43% | Mar 24, 2010 | 54 | Jun 9, 2010 | 65 | Sep 10, 2010 | 119 |
Volatility
Volatility Chart
The current Invesco Dynamic Pharmaceuticals ETF volatility is 3.31%, 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.