COMP vs. PIO
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COMP or PIO.
Key characteristics
| COMP | PIO | |
|---|---|---|
| YTD Return | 78.19% | 4.75% |
| 1Y Return | 243.59% | 22.67% |
| 3Y Return (Ann) | -16.34% | -0.32% |
| Sharpe Ratio | 3.35 | 1.49 |
| Sortino Ratio | 3.75 | 2.10 |
| Omega Ratio | 1.43 | 1.26 |
| Calmar Ratio | 2.68 | 1.08 |
| Martin Ratio | 21.18 | 5.89 |
| Ulcer Index | 11.42% | 3.82% |
| Daily Std Dev | 72.11% | 15.09% |
| Max Drawdown | -90.82% | -64.91% |
| Current Drawdown | -66.75% | -4.91% |
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.
Performance
COMP vs. PIO - Performance Comparison
In the year-to-date period, COMP achieves a 78.19% return, which is significantly higher than PIO's 4.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
COMP vs. PIO - Risk-Adjusted Performance 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.
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 0.83%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.83% | 0.84% | 1.02% | 1.19% | 0.88% | 1.19% | 2.00% | 1.00% | 1.45% | 1.62% | 1.42% | 1.50% |
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 -64.91%. Use the drawdown chart below to compare losses from any high point for COMP and PIO. For additional features, visit the drawdowns tool.
Volatility
COMP vs. PIO - Volatility Comparison
Compass, Inc. (COMP) has a higher volatility of 19.11% compared to Invesco Global Water ETF (PIO) at 3.80%. 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.