CVY vs. FCBC
CVY (Invesco Zacks Multi-Asset Income ETF) is Diversified Portfolio fund tracking the Zacks Multi-Asset Income Index, while FCBC (First Community Bankshares, Inc.) is a stock. Over the past 10 years, CVY returned 8.99%/yr vs 12.34%/yr for FCBC. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
CVY vs. FCBC - Performance Comparison
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Returns By Period
In the year-to-date period, CVY achieves a 15.51% return, which is significantly lower than FCBC's 48.03% return. Over the past 10 years, CVY has underperformed FCBC with an annualized return of 8.99%, while FCBC has yielded a comparatively higher 12.34% annualized return.
CVY
- 1D
- -0.27%
- 1M
- 3.22%
- 6M
- 10.58%
- YTD
- 15.51%
- 1Y
- 22.82%
- 3Y*
- 14.62%
- 5Y*
- 9.27%
- 10Y*
- 8.99%
- ALL TIME*
- 6.01%
FCBC
- 1D
- 0.19%
- 1M
- 5.76%
- 6M
- 34.51%
- YTD
- 48.03%
- 1Y
- 42.17%
- 3Y*
- 18.93%
- 5Y*
- 15.96%
- 10Y*
- 12.34%
- ALL TIME*
- 7.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $104.32K | $103.88K | $109.40K | |
| $5.22M | $4.09M | $3.94M |
CVY vs. FCBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVY Invesco Zacks Multi-Asset Income ETF | 15.51% | 11.00% | 10.28% | 17.87% | -9.27% | 25.31% | -10.56% | 25.97% | -10.77% | 15.91% |
FCBC First Community Bankshares, Inc. | 48.03% | -12.10% | 15.82% | 13.72% | 5.12% | 60.52% | -27.17% | 1.42% | 14.19% | -2.35% |
Correlation
The correlation between CVY and FCBC is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2006 | 0.54 |
The correlation between CVY and FCBC has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.
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Return for Risk
CVY vs. FCBC — Risk / Return Rank
CVY
FCBC
CVY vs. FCBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Zacks Multi-Asset Income ETF (CVY) and First Community Bankshares, Inc. (FCBC). 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.
| CVY | FCBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.30 | +0.62 |
| Martin ratioReturn relative to average drawdown | 10.01 | 5.49 | +4.52 |
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Drawdowns
CVY vs. FCBC - Drawdown Comparison
The maximum CVY drawdown since its inception was -66.86%, smaller than the maximum FCBC drawdown of -79.46%. Use the drawdown chart below to compare losses from any high point for CVY and FCBC.
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Drawdown Indicators
| CVY | FCBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.86% | -79.46% | +12.60% |
Max Drawdown (1Y)Largest decline over 1 year | -7.43% | -17.21% | +9.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.79% | -29.94% | +13.15% |
Max Drawdown (5Y)Largest decline over 5 years | -21.58% | -39.51% | +17.93% |
Max Drawdown (10Y)Largest decline over 10 years | -50.47% | -49.53% | -0.94% |
Current DrawdownCurrent decline from peak | -0.97% | -1.57% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -10.33% | -26.33% | +16.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 7.19% | -5.03% |
Volatility
CVY vs. FCBC - Volatility Comparison
The current volatility for Invesco Zacks Multi-Asset Income ETF (CVY) is 3.00%, while First Community Bankshares, Inc. (FCBC) has a volatility of 7.93%. This indicates that CVY experiences smaller price fluctuations and is considered to be less risky than FCBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVY | FCBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 7.93% | -4.93% |
Volatility (6M)Calculated over the trailing 6-month period | 7.79% | 17.61% | -9.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.82% | 26.84% | -16.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.06% | 29.00% | -12.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.46% | 32.89% | -13.43% |
Dividends
CVY vs. FCBC - Dividend Comparison
CVY's dividend yield for the trailing twelve months is around 4.11%, less than FCBC's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVY Invesco Zacks Multi-Asset Income ETF | 4.11% | 3.99% | 4.07% | 4.41% | 5.18% | 2.37% | 3.40% | 3.22% | 4.44% | 3.94% | 4.50% | 5.89% |
FCBC First Community Bankshares, Inc. | 4.69% | 9.81% | 2.88% | 3.13% | 3.30% | 3.11% | 4.63% | 3.09% | 4.00% | 2.37% | 1.99% | 2.90% |
Frequently Asked Questions
CVY and FCBC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCBC has higher volatility (7.93%) compared to CVY (3.00%). In terms of maximum drawdown, CVY dropped -66.86% vs FCBC's -79.46%.
CVY currently has the higher Sharpe Ratio (2.01 vs 1.47), 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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