GEND vs. PWV

Last updated Jun 24, 2026

GEND (Genter Capital Dividend Income ETF) and PWV (Invesco Dynamic Large Cap Value ETF) are both Large Cap Value Equities funds. GEND is actively managed, while PWV is passively managed. Over the past year, GEND returned 23.74% vs 27.69% for PWV. Their correlation of 0.86 suggests significant overlap in exposure. GEND charges 0.38%/yr vs 0.58%/yr for PWV.

Performance

GEND vs. PWV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Genter Capital Dividend Income ETF (GEND) and Invesco Dynamic Large Cap Value ETF (PWV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEND achieves a 12.06% return, which is significantly lower than PWV's 15.98% return.

GEND

• 1D: 0.47%
• 1M: -1.37%
• YTD: 12.06%
• 6M: 11.27%
• 1Y: 23.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PWV

• 1D: 1.05%
• 1M: 2.93%
• YTD: 15.98%
• 6M: 15.58%
• 1Y: 27.69%
• 3Y*: 21.59%
• 5Y*: 14.11%
• 10Y*: 12.39%

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

GEND vs. PWV - Yearly Performance Comparison

	2026 (YTD)	2025
GEND Genter Capital Dividend Income ETF	12.06%	16.84%
PWV Invesco Dynamic Large Cap Value ETF	15.98%	20.28%

Correlation

The correlation between GEND and PWV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 13, 2025	0.86

The correlation between GEND and PWV has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

Return for Risk

GEND vs. PWV — Risk / Return Rank

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

GEND

GEND Risk / Return Rank: 77
GEND Sharpe Ratio Rank: 77
GEND Sortino Ratio Rank: 80
GEND Omega Ratio Rank: 72
GEND Calmar Ratio Rank: 79
GEND Martin Ratio Rank: 77

PWV

PWV Risk / Return Rank: 91
PWV Sharpe Ratio Rank: 90
PWV Sortino Ratio Rank: 92
PWV Omega Ratio Rank: 88
PWV Calmar Ratio Rank: 94
PWV Martin Ratio Rank: 93

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.

GEND vs. PWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Genter Capital Dividend Income ETF (GEND) and Invesco Dynamic Large Cap Value ETF (PWV). 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.

	GEND	PWV	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.92	-0.69
Sortino ratio: Return per unit of downside risk	3.21	4.21	-1.00
Omega ratio: Gain probability vs. loss probability	1.39	1.52	-0.13
Calmar ratio: Return relative to maximum drawdown	3.73	6.86	-3.13
Martin ratio: Return relative to average drawdown	13.35	22.94	-9.59

GEND vs. PWV - Sharpe Ratio Comparison

The current GEND Sharpe Ratio is 2.22, which is comparable to the PWV Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of GEND and PWV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GEND vs. PWV - Drawdown Comparison

The maximum GEND drawdown since its inception was -13.31%, smaller than the maximum PWV drawdown of -49.04%. Use the drawdown chart below to compare losses from any high point for GEND and PWV.

Drawdown Indicators

	GEND	PWV	Difference
Max Drawdown Largest peak-to-trough decline	-13.31%	-49.04%	+35.73%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-4.05%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.67%	—
Current Drawdown Current decline from peak	-1.52%	-0.05%	-1.47%
Average Drawdown Average peak-to-trough decline	-1.85%	-9.48%	+7.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	1.21%	+0.57%

Volatility

GEND vs. PWV - Volatility Comparison

Genter Capital Dividend Income ETF (GEND) and Invesco Dynamic Large Cap Value ETF (PWV) have volatilities of 3.38% and 3.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEND	PWV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	3.42%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	7.04%	+0.97%
Volatility (1Y) Calculated over the trailing 1-year period	10.76%	9.57%	+1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	14.33%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.08%	17.15%	-3.07%

GEND vs. PWV - Expense Ratio Comparison

GEND has a 0.38% expense ratio, which is lower than PWV's 0.58% expense ratio.

Dividends

GEND vs. PWV - Dividend Comparison

GEND's dividend yield for the trailing twelve months is around 2.73%, more than PWV's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEND Genter Capital Dividend Income ETF	2.73%	2.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PWV Invesco Dynamic Large Cap Value ETF	1.73%	2.12%	2.08%	2.16%	2.29%	1.89%	2.66%	2.24%	2.34%	1.55%	2.35%	2.42%

Frequently Asked Questions

Can I hold both GEND and PWV in my portfolio?

GEND and PWV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEND or PWV?

PWV has higher volatility (3.42%) compared to GEND (3.38%). In terms of maximum drawdown, GEND dropped -13.31% vs PWV's -49.04%.

Which ETF is better, GEND or PWV?

On 1-year performance, PWV leads with 27.69% vs 23.74% for GEND. On fees, GEND is cheaper at 0.38% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GEND or PWV?

Over the 1-year period, PWV has performed better with a 27.69% return vs 23.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GEND or PWV?

GEND is cheaper with a 0.38% expense ratio, compared with 0.58% for PWV.

Which ETF pays a higher dividend yield, GEND or PWV?

GEND has the higher dividend yield at 2.73%, compared with 1.73% for PWV.

What is the main difference between GEND and PWV?

They also come from different issuers: Genter Capital and Invesco. Their fees differ too: 0.38% for GEND and 0.58% for PWV.

Which has better risk-adjusted returns?

PWV currently has the higher Sharpe Ratio (2.92 vs 2.22), 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.