BTOT vs. PSCE
BTOT (iShares Total USD Fixed Income Market ETF) and PSCE (Invesco S&P SmallCap Energy ETF) are both exchange-traded funds - BTOT is a Total Bond Market fund tracking the Bloomberg US Total Fixed Income Market Index, while PSCE is a Energy Equities fund tracking the S&P SmallCap 600 Energy Index. Both are passively managed. At a correlation of -0.29, they often move in opposite directions. BTOT charges 0.09%/yr vs 0.29%/yr for PSCE.
Performance
BTOT vs. PSCE - Performance Comparison
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Returns By Period
In the year-to-date period, BTOT achieves a 0.62% return, which is significantly lower than PSCE's 32.36% return.
BTOT
- 1D
- 0.08%
- 1M
- 0.66%
- YTD
- 0.62%
- 6M
- 0.75%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSCE
- 1D
- -0.07%
- 1M
- -9.83%
- YTD
- 32.36%
- 6M
- 31.96%
- 1Y
- 45.44%
- 3Y*
- 10.31%
- 5Y*
- 8.34%
- 10Y*
- -2.41%
BTOT vs. PSCE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BTOT iShares Total USD Fixed Income Market ETF | 0.62% | 0.12% |
PSCE Invesco S&P SmallCap Energy ETF | 32.36% | -5.24% |
Correlation
The correlation between BTOT and PSCE is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | -0.29 |
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Return for Risk
BTOT vs. PSCE — Risk / Return Rank
BTOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PSCE
BTOT vs. PSCE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Total USD Fixed Income Market ETF (BTOT) and Invesco S&P SmallCap Energy ETF (PSCE). 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.
| BTOT | PSCE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.59 | — |
| Martin ratioReturn relative to average drawdown | — | 11.00 | — |
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Drawdowns
BTOT vs. PSCE - Drawdown Comparison
The maximum BTOT drawdown since its inception was -2.36%, smaller than the maximum PSCE drawdown of -96.21%. Use the drawdown chart below to compare losses from any high point for BTOT and PSCE.
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Drawdown Indicators
| BTOT | PSCE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -96.21% | +93.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.70% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -44.57% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.70% | — |
Current DrawdownCurrent decline from peak | -0.96% | -76.48% | +75.52% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -58.87% | +58.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.15% | — |
Volatility
BTOT vs. PSCE - Volatility Comparison
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Volatility by Period
| BTOT | PSCE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 27.51% | -23.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.70% | 37.39% | -33.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.70% | 43.20% | -39.50% |
BTOT vs. PSCE - Expense Ratio Comparison
BTOT has a 0.09% expense ratio, which is lower than PSCE's 0.29% expense ratio.
Dividends
BTOT vs. PSCE - Dividend Comparison
BTOT's dividend yield for the trailing twelve months is around 2.12%, less than PSCE's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTOT iShares Total USD Fixed Income Market ETF | 2.12% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSCE Invesco S&P SmallCap Energy ETF | 2.28% | 2.39% | 1.70% | 2.57% | 1.70% | 0.46% | 0.87% | 0.14% | 0.22% | 0.04% | 0.22% | 0.82% |
Frequently Asked Questions
BTOT and PSCE have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BTOT is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTOT is cheaper with a 0.09% expense ratio, compared with 0.29% for PSCE.
PSCE has the higher dividend yield at 2.28%, compared with 2.12% for BTOT.
BTOT is categorized as Total Bond Market, while PSCE is Energy Equities. BTOT tracks Bloomberg US Total Fixed Income Market Index, while PSCE tracks S&P SmallCap 600 Energy Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.09% for BTOT and 0.29% for PSCE.
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