CZA vs. POAGX
Compare and contrast key facts about Invesco Zacks Mid-Cap ETF (CZA) and PrimeCap Odyssey Aggressive Growth Fund (POAGX).
CZA is a passively managed fund by Invesco that tracks the performance of the Zacks Mid-Cap Core Index. It was launched on Apr 2, 2007. POAGX is managed by PRIMECAP Odyssey Funds. It was launched on Nov 1, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CZA or POAGX.
Performance
CZA vs. POAGX - Performance Comparison
Returns By Period
In the year-to-date period, CZA achieves a 16.70% return, which is significantly higher than POAGX's 10.67% return. Over the past 10 years, CZA has outperformed POAGX with an annualized return of 9.65%, while POAGX has yielded a comparatively lower 3.45% annualized return.
CZA
16.70%
-0.83%
8.94%
27.43%
9.04%
9.65%
POAGX
10.67%
-0.73%
5.32%
15.35%
0.75%
3.45%
Key characteristics
| CZA | POAGX | |
|---|---|---|
| Sharpe Ratio | 2.29 | 0.78 |
| Sortino Ratio | 3.20 | 1.14 |
| Omega Ratio | 1.40 | 1.15 |
| Calmar Ratio | 3.15 | 0.41 |
| Martin Ratio | 12.31 | 3.15 |
| Ulcer Index | 2.25% | 4.53% |
| Daily Std Dev | 12.09% | 18.29% |
| Max Drawdown | -53.20% | -56.06% |
| Current Drawdown | -2.68% | -24.32% |
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CZA vs. POAGX - Expense Ratio Comparison
CZA has a 0.69% expense ratio, which is higher than POAGX's 0.65% expense ratio.
Correlation
The correlation between CZA and POAGX is 0.68, 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.
Risk-Adjusted Performance
CZA vs. POAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Zacks Mid-Cap ETF (CZA) and PrimeCap Odyssey Aggressive Growth Fund (POAGX). 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
CZA vs. POAGX - Dividend Comparison
CZA's dividend yield for the trailing twelve months is around 1.17%, more than POAGX's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZA Invesco Zacks Mid-Cap ETF | 1.17% | 1.36% | 1.71% | 0.89% | 1.42% | 1.40% | 1.26% | 1.10% | 1.87% | 1.37% | 0.74% | 1.01% |
POAGX PrimeCap Odyssey Aggressive Growth Fund | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% | 0.00% | 0.01% | 0.17% | 0.00% |
Drawdowns
CZA vs. POAGX - Drawdown Comparison
The maximum CZA drawdown since its inception was -53.20%, smaller than the maximum POAGX drawdown of -56.06%. Use the drawdown chart below to compare losses from any high point for CZA and POAGX. For additional features, visit the drawdowns tool.
Volatility
CZA vs. POAGX - Volatility Comparison
The current volatility for Invesco Zacks Mid-Cap ETF (CZA) is 4.12%, while PrimeCap Odyssey Aggressive Growth Fund (POAGX) has a volatility of 6.12%. This indicates that CZA experiences smaller price fluctuations and is considered to be less risky than POAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.