DTEC vs. PSP
Compare and contrast key facts about ALPS Disruptive Technologies ETF (DTEC) and Invesco Global Listed Private Equity ETF (PSP).
DTEC and PSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DTEC is a passively managed fund by SS&C that tracks the performance of the Indxx Disruptive Technologies Index. It was launched on Dec 29, 2017. PSP is a passively managed fund by Invesco that tracks the performance of the Red Rocks Global Listed Private Equity Index. It was launched on Oct 24, 2006. Both DTEC and PSP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DTEC or PSP.
Key characteristics
| DTEC | PSP | |
|---|---|---|
| YTD Return | 8.56% | 19.90% |
| 1Y Return | 29.00% | 47.80% |
| 3Y Return (Ann) | -4.69% | -0.19% |
| 5Y Return (Ann) | 8.21% | 9.79% |
| Sharpe Ratio | 1.80 | 2.66 |
| Sortino Ratio | 2.44 | 3.46 |
| Omega Ratio | 1.31 | 1.45 |
| Calmar Ratio | 0.90 | 1.47 |
| Martin Ratio | 9.36 | 18.03 |
| Ulcer Index | 3.22% | 2.67% |
| Daily Std Dev | 16.70% | 18.12% |
| Max Drawdown | -42.00% | -85.40% |
| Current Drawdown | -14.07% | -0.58% |
Correlation
The correlation between DTEC and PSP is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DTEC vs. PSP - Performance Comparison
In the year-to-date period, DTEC achieves a 8.56% return, which is significantly lower than PSP's 19.90% 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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DTEC vs. PSP - Expense Ratio Comparison
DTEC has a 0.50% expense ratio, which is lower than PSP's 1.44% expense ratio.
Risk-Adjusted Performance
DTEC vs. PSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Disruptive Technologies ETF (DTEC) and Invesco Global Listed Private Equity ETF (PSP). 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
DTEC vs. PSP - Dividend Comparison
DTEC's dividend yield for the trailing twelve months is around 0.25%, less than PSP's 7.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTEC ALPS Disruptive Technologies ETF | 0.25% | 0.27% | 0.02% | 0.26% | 0.37% | 0.43% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSP Invesco Global Listed Private Equity ETF | 7.66% | 3.96% | 2.87% | 10.33% | 4.66% | 5.86% | 6.80% | 10.18% | 4.11% | 6.23% | 4.94% | 13.48% |
Drawdowns
DTEC vs. PSP - Drawdown Comparison
The maximum DTEC drawdown since its inception was -42.00%, smaller than the maximum PSP drawdown of -85.40%. Use the drawdown chart below to compare losses from any high point for DTEC and PSP. For additional features, visit the drawdowns tool.
Volatility
DTEC vs. PSP - Volatility Comparison
The current volatility for ALPS Disruptive Technologies ETF (DTEC) is 3.80%, while Invesco Global Listed Private Equity ETF (PSP) has a volatility of 5.27%. This indicates that DTEC experiences smaller price fluctuations and is considered to be less risky than PSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.