COMP vs. PIO

Last updated Apr 1, 2026

Compare and contrast key facts about Compass, Inc. (COMP) and Invesco Global Water ETF (PIO).

PIO is a passively managed fund by Invesco that tracks the performance of the NASDAQ OMX Global Water Index. It was launched on Jun 13, 2007.

Performance

COMP vs. PIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Compass, Inc. (COMP) and Invesco Global Water ETF (PIO). The values are adjusted to include any dividend payments, if applicable.

COMP vs. PIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
COMP Compass, Inc.	-30.84%	80.68%	55.59%	61.37%	-74.37%	-54.89%
PIO Invesco Global Water ETF	-1.55%	14.25%	-0.44%	22.19%	-24.06%	20.30%

Returns By Period

In the year-to-date period, COMP achieves a -30.84% return, which is significantly lower than PIO's -1.55% return.

COMP

• 1D: 6.87%
• 1M: -25.03%
• YTD: -30.84%
• 6M: -8.97%
• 1Y: -16.27%
• 3Y*: 31.29%
• 5Y*: —
• 10Y*: —

PIO

• 1D: 2.81%
• 1M: -10.03%
• YTD: -1.55%
• 6M: -3.09%
• 1Y: 9.33%
• 3Y*: 8.47%
• 5Y*: 4.56%
• 10Y*: 8.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

COMP vs. PIO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COMP

COMP Risk / Return Rank: 29
COMP Sharpe Ratio Rank: 29
COMP Sortino Ratio Rank: 30
COMP Omega Ratio Rank: 30
COMP Calmar Ratio Rank: 30
COMP Martin Ratio Rank: 26

PIO

PIO Risk / Return Rank: 31
PIO Sharpe Ratio Rank: 30
PIO Sortino Ratio Rank: 32
PIO Omega Ratio Rank: 30
PIO Calmar Ratio Rank: 30
PIO Martin Ratio Rank: 31

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.

COMP vs. PIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Compass, Inc. (COMP) and Invesco Global Water ETF (PIO). 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.

	COMP	PIO	Difference
Sharpe ratio Return per unit of total volatility	-0.29	0.53	-0.82
Sortino ratio Return per unit of downside risk	-0.02	0.89	-0.91
Omega ratio Gain probability vs. loss probability	1.00	1.12	-0.12
Calmar ratio Return relative to maximum drawdown	-0.40	0.70	-1.10
Martin ratio Return relative to average drawdown	-0.95	2.54	-3.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COMP vs. PIO - Sharpe Ratio Comparison

The current COMP Sharpe Ratio is -0.29, which is lower than the PIO Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of COMP and PIO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COMP	PIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	0.53	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.23	0.20	-0.43

Correlation

The correlation between COMP and PIO is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

COMP vs. PIO - Dividend Comparison

COMP has not paid dividends to shareholders, while PIO's dividend yield for the trailing twelve months is around 1.03%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COMP Compass, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PIO Invesco Global Water ETF	1.03%	1.04%	0.78%	0.84%	1.02%	1.19%	0.88%	1.20%	2.00%	1.00%	1.45%	1.63%

Drawdowns

COMP vs. PIO - Drawdown Comparison

The maximum COMP drawdown since its inception was -90.82%, which is greater than PIO's maximum drawdown of -64.88%. Use the drawdown chart below to compare losses from any high point for COMP and PIO.

Drawdown Indicators

	COMP	PIO	Difference
Max Drawdown Largest peak-to-trough decline	-90.82%	-64.88%	-25.94%
Max Drawdown (1Y) Largest decline over 1 year	-49.63%	-13.14%	-36.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.76%	—
Current Drawdown Current decline from peak	-63.72%	-10.61%	-53.11%
Average Drawdown Average peak-to-trough decline	-66.73%	-15.50%	-51.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.08%	3.62%	+17.46%

Volatility

COMP vs. PIO - Volatility Comparison

Compass, Inc. (COMP) has a higher volatility of 19.98% compared to Invesco Global Water ETF (PIO) at 6.83%. This indicates that COMP's price experiences larger fluctuations and is considered to be riskier than PIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COMP	PIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.98%	6.83%	+13.15%
Volatility (6M) Calculated over the trailing 6-month period	40.96%	10.78%	+30.18%
Volatility (1Y) Calculated over the trailing 1-year period	57.31%	17.54%	+39.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.64%	17.48%	+61.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.64%	18.13%	+60.51%