Invesco 1-30 Laddered Treasury ETF (PLW)

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Invesco 1-30 Laddered Treasury ETF (PLW) is down 0.1% since the beginning of the year. PLW is currently trading at $27 per share. Investors who bought $1,000 worth of PLW shares 5 years ago would now be looking at an investment worth $863.

Invesco 1-30 Laddered Treasury ETF (PLW) has returned -0.10% so far this year and 3.61% over the past 12 months. Over the last ten years, PLW has returned -0.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Oct 11, 2007, PLW's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2008 with a return of +10.0%, while the worst month was Jan 2009 at -7.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.

On a daily basis, PLW closed higher 52% of trading days. The best single day was Mar 18, 2009 with a return of +4.6%, while the worst single day was Mar 18, 2020 at -4.2%.

Invesco 1-30 Laddered Treasury ETF has an annualized alpha of 5.03%, beta of -0.14, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since October 11, 2007.

• This ETF captured 3.70% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.36%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.14 may look defensive, but with R2 of 0.09 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.09 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PLW has an expense ratio of 0.25%, which is considered low.

PLW ranks 16 for risk / return — in the bottom 16% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Invesco 1-30 Laddered Treasury ETF provided a 4.16% dividend yield over the last twelve months, with an annual payout of $1.12 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for Invesco 1-30 Laddered Treasury ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Invesco 1-30 Laddered Treasury 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 1-30 Laddered Treasury ETF was 32.70%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Invesco 1-30 Laddered Treasury ETF drawdown is 22.04%.

The chart below shows the rolling one-month volatility.