PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
DIV vs. PGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DIV and PGX is 0.40, 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.


-0.50.00.51.00.4

Performance

DIV vs. PGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend U.S. ETF (DIV) and Invesco Preferred ETF (PGX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.69%
3.56%
DIV
PGX

Key characteristics

Sharpe Ratio

DIV:

1.02

PGX:

0.89

Sortino Ratio

DIV:

1.47

PGX:

1.29

Omega Ratio

DIV:

1.18

PGX:

1.16

Calmar Ratio

DIV:

0.81

PGX:

0.57

Martin Ratio

DIV:

6.28

PGX:

3.49

Ulcer Index

DIV:

1.88%

PGX:

2.31%

Daily Std Dev

DIV:

11.56%

PGX:

9.05%

Max Drawdown

DIV:

-52.74%

PGX:

-66.42%

Current Drawdown

DIV:

-7.30%

PGX:

-7.63%

Returns By Period

In the year-to-date period, DIV achieves a 10.52% return, which is significantly higher than PGX's 7.32% return. Over the past 10 years, DIV has underperformed PGX with an annualized return of 2.03%, while PGX has yielded a comparatively higher 3.45% annualized return.


DIV

YTD

10.52%

1M

-4.43%

6M

8.63%

1Y

10.74%

5Y*

1.02%

10Y*

2.03%

PGX

YTD

7.32%

1M

-2.18%

6M

3.30%

1Y

7.42%

5Y*

0.54%

10Y*

3.45%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DIV vs. PGX - Expense Ratio Comparison

DIV has a 0.45% expense ratio, which is lower than PGX's 0.52% expense ratio.


PGX
Invesco Preferred ETF
Expense ratio chart for PGX: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%
Expense ratio chart for DIV: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

DIV vs. PGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend U.S. ETF (DIV) and Invesco Preferred ETF (PGX). 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.


Sharpe ratio
The chart of Sharpe ratio for DIV, currently valued at 1.02, compared to the broader market0.002.004.001.020.89
The chart of Sortino ratio for DIV, currently valued at 1.47, compared to the broader market-2.000.002.004.006.008.0010.001.471.29
The chart of Omega ratio for DIV, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.001.181.16
The chart of Calmar ratio for DIV, currently valued at 0.81, compared to the broader market0.005.0010.0015.000.810.57
The chart of Martin ratio for DIV, currently valued at 6.28, compared to the broader market0.0020.0040.0060.0080.00100.006.283.49
DIV
PGX

The current DIV Sharpe Ratio is 1.02, which is comparable to the PGX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of DIV and PGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.02
0.89
DIV
PGX

Dividends

DIV vs. PGX - Dividend Comparison

DIV's dividend yield for the trailing twelve months is around 6.39%, more than PGX's 5.42% yield.


TTM20232022202120202019201820172016201520142013
DIV
Global X SuperDividend U.S. ETF
6.39%7.14%6.62%5.26%8.04%7.67%7.09%5.95%6.80%8.40%5.34%5.38%
PGX
Invesco Preferred ETF
5.42%6.42%6.29%4.82%4.89%5.30%6.08%5.66%6.02%5.84%5.98%6.78%

Drawdowns

DIV vs. PGX - Drawdown Comparison

The maximum DIV drawdown since its inception was -52.74%, smaller than the maximum PGX drawdown of -66.42%. Use the drawdown chart below to compare losses from any high point for DIV and PGX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.30%
-7.63%
DIV
PGX

Volatility

DIV vs. PGX - Volatility Comparison

Global X SuperDividend U.S. ETF (DIV) has a higher volatility of 3.69% compared to Invesco Preferred ETF (PGX) at 2.22%. This indicates that DIV's price experiences larger fluctuations and is considered to be riskier than PGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.69%
2.22%
DIV
PGX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab