ALIZY vs. PXH
ALIZY (Allianz SE ADR) is a stock, while PXH (Invesco FTSE RAFI Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE RAFI Emerging Markets Index. Over the past 5 years, ALIZY returned 20.62%/yr vs 10.44%/yr for PXH. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
ALIZY vs. PXH - Performance Comparison
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Returns By Period
In the year-to-date period, ALIZY achieves a 13.07% return, which is significantly lower than PXH's 14.20% return.
ALIZY
- 1D
- -0.18%
- 1M
- 3.93%
- 6M
- 18.04%
- YTD
- 13.07%
- 1Y
- 34.43%
- 3Y*
- 34.15%
- 5Y*
- 20.62%
- 10Y*
- —
- ALL TIME*
- 17.29%
PXH
- 1D
- 0.97%
- 1M
- 4.81%
- 6M
- 6.84%
- YTD
- 14.20%
- 1Y
- 29.44%
- 3Y*
- 19.40%
- 5Y*
- 10.44%
- 10Y*
- 9.64%
- ALL TIME*
- 3.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ALIZY Allianz SE ADR | $10.66M | $10.78M | $11.47M |
| $5.58M | $7.03M | $7.21M |
ALIZY vs. PXH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 13.07% | 56.96% | 20.60% | 31.20% | -4.34% | 0.09% | 5.98% |
PXH Invesco FTSE RAFI Emerging Markets ETF | 14.20% | 31.44% | 12.09% | 13.93% | -15.18% | 8.31% | -2.31% |
Correlation
The correlation between ALIZY and PXH is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 6, 2020 | 0.52 |
The correlation between ALIZY and PXH shifts across timeframes, from 0.40 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ALIZY vs. PXH — Risk / Return Rank
ALIZY
PXH
ALIZY vs. PXH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE ADR (ALIZY) and Invesco FTSE RAFI Emerging Markets ETF (PXH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALIZY | PXH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.31 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.80 | -0.46 |
| Martin ratioReturn relative to average drawdown | 6.25 | 8.74 | -2.49 |
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Drawdowns
ALIZY vs. PXH - Drawdown Comparison
The maximum ALIZY drawdown since its inception was -49.10%, smaller than the maximum PXH drawdown of -63.63%. Use the drawdown chart below to compare losses from any high point for ALIZY and PXH.
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Drawdown Indicators
| ALIZY | PXH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.10% | -63.63% | +14.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.55% | -10.24% | -3.31% |
Max Drawdown (3Y)Largest decline over 3 years | -13.55% | -17.72% | +4.17% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -29.59% | -8.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.42% | — |
Current DrawdownCurrent decline from peak | -0.18% | -2.00% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -16.76% | +8.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.07% | 3.28% | +1.79% |
Volatility
ALIZY vs. PXH - Volatility Comparison
Allianz SE ADR (ALIZY) and Invesco FTSE RAFI Emerging Markets ETF (PXH) have volatilities of 4.29% and 4.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALIZY | PXH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 4.46% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.19% | 13.66% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.56% | 16.46% | +3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.07% | 17.94% | +4.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.44% | 19.86% | +7.58% |
Dividends
ALIZY vs. PXH - Dividend Comparison
ALIZY's dividend yield for the trailing twelve months is around 3.93%, less than PXH's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 3.93% | 3.71% | 4.91% | 4.70% | 5.43% | 4.87% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PXH Invesco FTSE RAFI Emerging Markets ETF | 4.21% | 4.02% | 4.43% | 4.84% | 5.33% | 4.69% | 2.79% | 3.28% | 3.30% | 2.74% | 1.97% | 3.44% |
Frequently Asked Questions
ALIZY and PXH have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PXH has higher volatility (4.46%) compared to ALIZY (4.29%). In terms of maximum drawdown, ALIZY dropped -49.10% vs PXH's -63.63%.
PXH currently has the higher Sharpe Ratio (1.75 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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