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BRKW vs. PBP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BRKW vs. PBP

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill BRKB WeeklyPay ETF (BRKW) and Invesco S&P 500 BuyWrite ETF (PBP).

BRKW and PBP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRKW is an actively managed fund by Roundhill. It was launched on Jun 17, 2025. PBP is a passively managed fund by Invesco that tracks the performance of the Cboe S&P 500 BuyWrite Index. It was launched on Dec 20, 2007.

Performance

BRKW vs. PBP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill BRKB WeeklyPay ETF (BRKW) and Invesco S&P 500 BuyWrite ETF (PBP). The values are adjusted to include any dividend payments, if applicable.

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BRKW vs. PBP - Yearly Performance Comparison

2026 (YTD)2025
BRKW
Roundhill BRKB WeeklyPay ETF		-6.49%2.09%
PBP
Invesco S&P 500 BuyWrite ETF		-0.63%11.31%

Returns By Period

In the year-to-date period, BRKW achieves a -6.49% return, which is significantly lower than PBP's -0.63% return.

BRKW

1D
-0.03%
1M
-0.58%
YTD
-6.49%
6M
-6.66%
1Y
—
3Y*
—
5Y*
—
10Y*
—

PBP

1D
0.41%
1M
-2.60%
YTD
-0.63%
6M
5.67%
1Y
11.15%
3Y*
10.89%
5Y*
7.57%
10Y*
6.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Roundhill BRKB WeeklyPay ETF

Invesco S&P 500 BuyWrite ETF

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Often compared with PBP:
PBP vs. SPYPBP vs. XYLDPBP vs. JEPIPBP vs. VOOPBP vs. JEPQPBP vs. SCHDPBP vs. FTHI

BRKW vs. PBP - Expense Ratio Comparison

BRKW has a 0.99% expense ratio, which is higher than PBP's 0.29% expense ratio.

BRKW
Roundhill BRKB WeeklyPay ETF
PBP
Invesco S&P 500 BuyWrite ETF

Return for Risk

BRKW vs. PBP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BRKW
PBP
PBP Risk / Return Rank: 5050
Overall Rank
PBP Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
PBP Sortino Ratio Rank: 4343
Sortino Ratio Rank
PBP Omega Ratio Rank: 6464
Omega Ratio Rank
PBP Calmar Ratio Rank: 4242
Calmar Ratio Rank
PBP Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRKW vs. PBP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill BRKB WeeklyPay ETF (BRKW) and Invesco S&P 500 BuyWrite ETF (PBP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BRKW vs. PBP - Sharpe Ratio Comparison

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Sharpe Ratios by Period

BRKWPBPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.79

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.64

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.49

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.32

0.33

-0.65

Correlation

The correlation between BRKW and PBP is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BRKW vs. PBP - Dividend Comparison

BRKW's dividend yield for the trailing twelve months is around 20.90%, more than PBP's 11.58% yield.

TTM20252024202320222021202020192018201720162015
BRKW
Roundhill BRKB WeeklyPay ETF		20.90%14.45%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PBP
Invesco S&P 500 BuyWrite ETF		11.58%11.12%9.36%3.35%1.33%6.21%1.41%5.04%2.59%10.86%2.56%6.19%

Drawdowns

BRKW vs. PBP - Drawdown Comparison

The maximum BRKW drawdown since its inception was -11.86%, smaller than the maximum PBP drawdown of -43.43%. Use the drawdown chart below to compare losses from any high point for BRKW and PBP.

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Drawdown Indicators

BRKWPBPDifference

Max Drawdown

Largest peak-to-trough decline

-11.86%

-43.43%

+31.57%

Max Drawdown (1Y)

Largest decline over 1 year

—

-10.20%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-18.61%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.31%

—

Current Drawdown

Current decline from peak

-9.47%

-2.89%

-6.58%

Average Drawdown

Average peak-to-trough decline

-4.29%

-6.75%

+2.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.80%

—

Volatility

BRKW vs. PBP - Volatility Comparison

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Volatility by Period

BRKWPBPDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.10%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

5.98%

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.90%

14.26%

+3.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.90%

11.95%

+5.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.90%

13.68%

+4.22%