PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GOVT vs. PSCC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GOVT vs. PSCC

Last updated Jun 7, 2026

GOVT (iShares U.S. Treasury Bond ETF) and PSCC (Invesco S&P SmallCap Consumer Staples ETF) are both exchange-traded funds - GOVT is a Government Bonds fund tracking the ICE U.S. Treasury Core Bond Index, while PSCC is a Consumer Staples Equities fund tracking the S&P Small Cap 600 Capped Consumer Staples. Both are passively managed. Over the past 10 years, GOVT returned 0.86%/yr vs 6.30%/yr for PSCC. At a correlation of -0.09, they often move in opposite directions. GOVT charges 0.05%/yr vs 0.29%/yr for PSCC.

Performance

GOVT vs. PSCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Treasury Bond ETF (GOVT) and Invesco S&P SmallCap Consumer Staples ETF (PSCC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GOVT achieves a -0.33% return, which is significantly lower than PSCC's 7.16% return. Over the past 10 years, GOVT has underperformed PSCC with an annualized return of 0.86%, while PSCC has yielded a comparatively higher 6.30% annualized return.

GOVT

1D
-0.35%
1M
-0.59%
YTD
-0.33%
6M
-0.22%
1Y
3.74%
3Y*
2.73%
5Y*
-0.50%
10Y*
0.86%

PSCC

1D
1.46%
1M
0.51%
YTD
7.16%
6M
6.18%
1Y
-2.82%
3Y*
-1.02%
5Y*
-0.20%
10Y*
6.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOVT vs. PSCC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GOVT
iShares U.S. Treasury Bond ETF		-0.33%3.77%2.95%4.17%-13.39%-1.11%7.28%7.36%0.26%2.19%
PSCC
Invesco S&P SmallCap Consumer Staples ETF		7.16%-16.47%0.98%14.83%-6.66%28.82%11.17%17.39%-6.72%9.72%

Correlation

The correlation between GOVT and PSCC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (10Y)
Calculated over the trailing 10-year period

-0.04

Correlation (All Time)
Calculated using the full available price history since Feb 27, 2012

-0.09

The correlation between GOVT and PSCC shifts across timeframes, from -0.09 (all time) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

iShares U.S. Treasury Bond ETF

Invesco S&P SmallCap Consumer Staples ETF

Often compared with GOVT:
GOVT vs. VGITGOVT vs. BNDGOVT vs. TLTGOVT vs. IEFGOVT vs. SHVGOVT vs. VTGGOVT vs. GOVZ
Often compared with PSCC:
PSCC vs. PSCDPSCC vs. CAGPSCC vs. PSCMPSCC vs. PSCUPSCC vs. IYKPSCC vs. SMLVPSCC vs. PSCI

Return for Risk

GOVT vs. PSCC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOVT
GOVT Risk / Return Rank: 2525
Overall Rank
GOVT Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
GOVT Sortino Ratio Rank: 2525
Sortino Ratio Rank
GOVT Omega Ratio Rank: 2323
Omega Ratio Rank
GOVT Calmar Ratio Rank: 2424
Calmar Ratio Rank
GOVT Martin Ratio Rank: 2525
Martin Ratio Rank
PSCC
PSCC Risk / Return Rank: 88
Overall Rank
PSCC Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PSCC Sortino Ratio Rank: 88
Sortino Ratio Rank
PSCC Omega Ratio Rank: 88
Omega Ratio Rank
PSCC Calmar Ratio Rank: 88
Calmar Ratio Rank
PSCC Martin Ratio Rank: 88
Martin Ratio Rank
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.

GOVT vs. PSCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Treasury Bond ETF (GOVT) and Invesco S&P SmallCap Consumer Staples ETF (PSCC). 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.

GOVTPSCCDifference
Sharpe ratioReturn per unit of total volatility
0.89
-0.12

+1.01

Sortino ratioReturn per unit of downside risk
1.33
-0.05

+1.38

Omega ratioGain probability vs. loss probability

1.15

0.99

+0.16

Calmar ratioReturn relative to maximum drawdown

1.12

-0.13

+1.25

Martin ratioReturn relative to average drawdown

3.25

-0.22

+3.47

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOVT vs. PSCC - Sharpe Ratio Comparison

The current GOVT Sharpe Ratio is 0.89, which is higher than the PSCC Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of GOVT and PSCC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

GOVTPSCCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

-0.12

+1.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.08

-0.01

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.16

0.33

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.56

-0.30

Drawdowns

GOVT vs. PSCC - Drawdown Comparison

The maximum GOVT drawdown since its inception was -19.07%, smaller than the maximum PSCC drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for GOVT and PSCC.

Loading charts...

Drawdown Indicators

GOVTPSCCDifference

Max Drawdown

Largest peak-to-trough decline

-19.07%

-33.61%

+14.54%

Max Drawdown (1Y)

Largest decline over 1 year

-2.85%

-15.17%

+12.32%

Max Drawdown (3Y)

Largest decline over 3 years

-5.43%

-23.36%

+17.93%

Max Drawdown (5Y)

Largest decline over 5 years

-16.60%

-23.36%

+6.76%

Max Drawdown (10Y)

Largest decline over 10 years

-19.07%

-33.61%

+14.54%

Current Drawdown

Current decline from peak

-7.38%

-16.33%

+8.95%

Average Drawdown

Average peak-to-trough decline

-5.25%

-5.98%

+0.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

8.68%

-7.70%

Volatility

GOVT vs. PSCC - Volatility Comparison

The current volatility for iShares U.S. Treasury Bond ETF (GOVT) is 1.06%, while Invesco S&P SmallCap Consumer Staples ETF (PSCC) has a volatility of 4.71%. This indicates that GOVT experiences smaller price fluctuations and is considered to be less risky than PSCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GOVTPSCCDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.06%

4.71%

-3.65%

Volatility (6M)

Calculated over the trailing 6-month period

2.54%

10.80%

-8.26%

Volatility (1Y)

Calculated over the trailing 1-year period

3.60%

16.50%

-12.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.04%

18.24%

-12.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.22%

19.29%

-14.07%

GOVT vs. PSCC - Expense Ratio Comparison

GOVT has a 0.05% expense ratio, which is lower than PSCC's 0.29% expense ratio.

Dividends

GOVT vs. PSCC - Dividend Comparison

GOVT's dividend yield for the trailing twelve months is around 3.59%, more than PSCC's 2.08% yield.

PositionTTM20252024202320222021202020192018201720162015
GOVT
iShares U.S. Treasury Bond ETF		3.59%3.49%3.14%2.65%1.77%0.96%2.17%1.98%1.97%1.57%1.40%1.25%
PSCC
Invesco S&P SmallCap Consumer Staples ETF		2.08%2.35%1.88%1.49%1.29%1.21%1.59%1.77%0.94%1.25%1.48%1.34%

Frequently Asked Questions

GOVT and PSCC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSCC has higher volatility (4.71%) compared to GOVT (1.06%). In terms of maximum drawdown, GOVT dropped -19.07% vs PSCC's -33.61%.

On 10-year performance, PSCC leads with 6.30% vs 0.86% for GOVT. On fees, GOVT is cheaper at 0.05% per year. On volatility, GOVT has been the lower-risk option at 1.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, PSCC has performed better with a 6.30% return vs 0.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GOVT is cheaper with a 0.05% expense ratio, compared with 0.29% for PSCC.

GOVT has the higher dividend yield at 3.59%, compared with 2.08% for PSCC.

GOVT is categorized as Government Bonds, while PSCC is Consumer Staples Equities. GOVT tracks ICE U.S. Treasury Core Bond Index, while PSCC tracks S&P Small Cap 600 Capped Consumer Staples. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.05% for GOVT and 0.29% for PSCC.

GOVT currently has the higher Sharpe Ratio (0.89 vs -0.12), 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.

Portfolio Optimizer

Find the right allocation for GOVT and PSCC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer