ESLG vs. PBUS

Last updated Jun 25, 2026

ESLG (Eventide Large Cap Growth ETF) and PBUS (Invesco PureBeta MSCI USA ETF) are both Large Cap Growth Equities funds. ESLG is actively managed, while PBUS is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ESLG charges 0.39%/yr vs 0.04%/yr for PBUS.

Performance

ESLG vs. PBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Large Cap Growth ETF (ESLG) and Invesco PureBeta MSCI USA ETF (PBUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESLG achieves a 11.31% return, which is significantly higher than PBUS's 8.00% return.

ESLG

• 1D: 0.37%
• 1M: 2.15%
• YTD: 11.31%
• 6M: 10.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PBUS

• 1D: -0.10%
• 1M: -1.36%
• YTD: 8.00%
• 6M: 6.61%
• 1Y: 21.77%
• 3Y*: 20.85%
• 5Y*: 12.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESLG vs. PBUS - Yearly Performance Comparison

	2026 (YTD)	2025
ESLG Eventide Large Cap Growth ETF	11.31%	-0.29%
PBUS Invesco PureBeta MSCI USA ETF	8.00%	2.80%

Correlation

The correlation between ESLG and PBUS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.90

Return for Risk

ESLG vs. PBUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESLG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PBUS

PBUS Risk / Return Rank: 58
PBUS Sharpe Ratio Rank: 58
PBUS Sortino Ratio Rank: 55
PBUS Omega Ratio Rank: 56
PBUS Calmar Ratio Rank: 55
PBUS Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESLG vs. PBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Large Cap Growth ETF (ESLG) and Invesco PureBeta MSCI USA ETF (PBUS). 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.

	ESLG	PBUS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.72	—
Sortino ratio: Return per unit of downside risk	—	2.36	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.42	—
Martin ratio: Return relative to average drawdown	—	10.52	—

Drawdowns

ESLG vs. PBUS - Drawdown Comparison

The maximum ESLG drawdown since its inception was -12.36%, smaller than the maximum PBUS drawdown of -33.15%. Use the drawdown chart below to compare losses from any high point for ESLG and PBUS.

Drawdown Indicators

	ESLG	PBUS	Difference
Max Drawdown Largest peak-to-trough decline	-12.36%	-33.15%	+20.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.40%	—
Current Drawdown Current decline from peak	-2.49%	-3.18%	+0.69%
Average Drawdown Average peak-to-trough decline	-3.34%	-5.11%	+1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.07%	—

Volatility

Volatility by Period

	ESLG	PBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.76%	12.74%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	17.16%	-0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.76%	19.33%	-2.57%

ESLG vs. PBUS - Expense Ratio Comparison

ESLG has a 0.39% expense ratio, which is higher than PBUS's 0.04% expense ratio.

Dividends

ESLG vs. PBUS - Dividend Comparison

ESLG's dividend yield for the trailing twelve months is around 0.15%, less than PBUS's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESLG Eventide Large Cap Growth ETF	0.15%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PBUS Invesco PureBeta MSCI USA ETF	1.04%	1.05%	1.20%	1.36%	1.71%	0.98%	1.35%	1.53%	2.33%	0.50%

Frequently Asked Questions

Can I hold both ESLG and PBUS in my portfolio?

With a correlation of 0.90, ESLG and PBUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ESLG or PBUS?

On fees, PBUS is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESLG or PBUS?

PBUS is cheaper with a 0.04% expense ratio, compared with 0.39% for ESLG.

Which ETF pays a higher dividend yield, ESLG or PBUS?

PBUS has the higher dividend yield at 1.04%, compared with 0.15% for ESLG.

What is the main difference between ESLG and PBUS?

They also come from different issuers: Eventide and Invesco. Their fees differ too: 0.39% for ESLG and 0.04% for PBUS.