CPII vs. EELV
CPII (American Beacon Ionic Inflation Protection ETF) and EELV (Invesco S&P Emerging Markets Low Volatility ETF) are both exchange-traded funds - CPII is a Inflation-Protected Bonds fund actively managed by American Beacon, while EELV is a Low Volatility fund tracking the S&P BMI Emerging Markets Low Volatility Index. CPII is actively managed, while EELV is passively managed. Over the past 3 years, CPII returned 4.03%/yr vs 10.87%/yr for EELV. Their -0.10 correlation means they have often moved in opposite directions in the past. CPII charges 0.74%/yr vs 0.30%/yr for EELV.
Performance
CPII vs. EELV - Performance Comparison
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Returns By Period
In the year-to-date period, CPII achieves a 2.87% return, which is significantly lower than EELV's 7.58% return.
CPII
- 1D
- -0.16%
- 1M
- -0.11%
- 6M
- 1.90%
- YTD
- 2.87%
- 1Y
- 2.81%
- 3Y*
- 4.03%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.54%
EELV
- 1D
- -0.03%
- 1M
- 3.62%
- 6M
- 2.40%
- YTD
- 7.58%
- 1Y
- 16.18%
- 3Y*
- 10.87%
- 5Y*
- 8.18%
- 10Y*
- 6.52%
- ALL TIME*
- 4.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.03K | $4.83K | $26.18K | |
| $1.05M | $1.28M | $1.28M |
CPII vs. EELV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CPII American Beacon Ionic Inflation Protection ETF | 2.87% | 2.76% | 6.05% | 1.79% | 1.04% |
EELV Invesco S&P Emerging Markets Low Volatility ETF | 7.58% | 21.97% | 1.90% | 8.85% | 0.09% |
Correlation
The correlation between CPII and EELV is -0.34, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.34 |
Correlation (3Y) Balances recent behavior with more history. | -0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022 | -0.10 |
Over the past year, the inverse relationship between CPII and EELV has strengthened: their correlation has moved from -0.10 to -0.34, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
CPII vs. EELV — Risk / Return Rank
CPII
EELV
CPII vs. EELV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Ionic Inflation Protection ETF (CPII) and Invesco S&P Emerging Markets Low Volatility ETF (EELV). 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.
| CPII | EELV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 2.02 | -0.64 |
| Martin ratioReturn relative to average drawdown | 3.32 | 5.95 | -2.63 |
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Drawdowns
CPII vs. EELV - Drawdown Comparison
The maximum CPII drawdown since its inception was -6.40%, smaller than the maximum EELV drawdown of -36.35%. Use the drawdown chart below to compare losses from any high point for CPII and EELV.
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Drawdown Indicators
| CPII | EELV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.40% | -36.35% | +29.95% |
Max Drawdown (1Y)Largest decline over 1 year | -2.13% | -8.22% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -4.39% | -11.79% | +7.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.35% | — |
Current DrawdownCurrent decline from peak | -1.74% | -1.40% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -1.61% | -8.87% | +7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 2.78% | -1.90% |
Volatility
CPII vs. EELV - Volatility Comparison
The current volatility for American Beacon Ionic Inflation Protection ETF (CPII) is 0.95%, while Invesco S&P Emerging Markets Low Volatility ETF (EELV) has a volatility of 2.63%. This indicates that CPII experiences smaller price fluctuations and is considered to be less risky than EELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPII | EELV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 2.63% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 9.33% | -6.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 11.11% | -7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.84% | 11.42% | -5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.84% | 13.48% | -7.64% |
CPII vs. EELV - Expense Ratio Comparison
CPII has a 0.74% expense ratio, which is higher than EELV's 0.30% expense ratio.
Dividends
CPII vs. EELV - Dividend Comparison
CPII's dividend yield for the trailing twelve months is around 4.65%, more than EELV's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPII American Beacon Ionic Inflation Protection ETF | 4.65% | 4.20% | 5.47% | 5.86% | 2.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EELV Invesco S&P Emerging Markets Low Volatility ETF | 3.82% | 3.75% | 4.70% | 4.00% | 3.45% | 4.35% | 2.82% | 3.14% | 5.50% | 2.92% | 2.29% | 2.53% |
Frequently Asked Questions
CPII and EELV have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EELV has higher volatility (2.63%) compared to CPII (0.95%). In terms of maximum drawdown, CPII dropped -6.40% vs EELV's -36.35%.
On 3-year performance, EELV leads with 10.87% vs 4.03% for CPII. On fees, EELV is cheaper at 0.30% per year. On volatility, CPII has been the lower-risk option at 0.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EELV has performed better with a 10.87% return vs 4.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EELV is cheaper with a 0.30% expense ratio, compared with 0.74% for CPII.
CPII has the higher dividend yield at 4.65%, compared with 3.82% for EELV.
CPII is categorized as Inflation-Protected Bonds, while EELV is Low Volatility. They also come from different issuers: American Beacon and Invesco. Their fees differ too: 0.74% for CPII and 0.30% for EELV.
EELV currently has the higher Sharpe Ratio (1.49 vs 0.89), 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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