PortfoliosLab logo
GSY vs. ICIFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GSY and ICIFX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

GSY vs. ICIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Ultra Short Duration ETF (GSY) and Invesco Conservative Income Fund (ICIFX). The values are adjusted to include any dividend payments, if applicable.

22.00%24.00%26.00%28.00%NovemberDecember2025FebruaryMarchApril
28.66%
24.57%
GSY
ICIFX

Key characteristics

Sharpe Ratio

GSY:

11.14

ICIFX:

3.22

Sortino Ratio

GSY:

27.05

ICIFX:

10.76

Omega Ratio

GSY:

6.05

ICIFX:

3.29

Calmar Ratio

GSY:

32.13

ICIFX:

14.05

Martin Ratio

GSY:

210.02

ICIFX:

58.60

Ulcer Index

GSY:

0.03%

ICIFX:

0.10%

Daily Std Dev

GSY:

0.52%

ICIFX:

1.73%

Max Drawdown

GSY:

-12.14%

ICIFX:

-2.19%

Current Drawdown

GSY:

0.00%

ICIFX:

-0.20%

Returns By Period

In the year-to-date period, GSY achieves a 1.41% return, which is significantly higher than ICIFX's 1.12% return. Over the past 10 years, GSY has outperformed ICIFX with an annualized return of 2.49%, while ICIFX has yielded a comparatively lower 2.22% annualized return.


GSY

YTD

1.41%

1M

0.25%

6M

2.40%

1Y

5.75%

5Y*

3.06%

10Y*

2.49%

ICIFX

YTD

1.12%

1M

0.22%

6M

2.33%

1Y

5.58%

5Y*

2.80%

10Y*

2.22%

*Annualized

Compare stocks, funds, or ETFs

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


GSY vs. ICIFX - Expense Ratio Comparison

GSY has a 0.22% expense ratio, which is lower than ICIFX's 0.27% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for ICIFX: current value is 0.27%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ICIFX: 0.27%
Expense ratio chart for GSY: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GSY: 0.22%

Risk-Adjusted Performance

GSY vs. ICIFX — Risk-Adjusted Performance Rank

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

GSY
The Risk-Adjusted Performance Rank of GSY is 100100
Overall Rank
The Sharpe Ratio Rank of GSY is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of GSY is 100100
Sortino Ratio Rank
The Omega Ratio Rank of GSY is 9999
Omega Ratio Rank
The Calmar Ratio Rank of GSY is 9999
Calmar Ratio Rank
The Martin Ratio Rank of GSY is 9999
Martin Ratio Rank

ICIFX
The Risk-Adjusted Performance Rank of ICIFX is 9999
Overall Rank
The Sharpe Ratio Rank of ICIFX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of ICIFX is 9999
Sortino Ratio Rank
The Omega Ratio Rank of ICIFX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of ICIFX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of ICIFX is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GSY vs. ICIFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Ultra Short Duration ETF (GSY) and Invesco Conservative Income Fund (ICIFX). 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.


The chart of Sharpe ratio for GSY, currently valued at 11.14, compared to the broader market-1.000.001.002.003.004.00
GSY: 11.14
ICIFX: 3.22
The chart of Sortino ratio for GSY, currently valued at 27.05, compared to the broader market-2.000.002.004.006.008.00
GSY: 27.05
ICIFX: 10.76
The chart of Omega ratio for GSY, currently valued at 6.05, compared to the broader market0.501.001.502.002.50
GSY: 6.05
ICIFX: 3.29
The chart of Calmar ratio for GSY, currently valued at 32.13, compared to the broader market0.002.004.006.008.0010.0012.00
GSY: 32.13
ICIFX: 14.05
The chart of Martin ratio for GSY, currently valued at 210.02, compared to the broader market0.0020.0040.0060.00
GSY: 210.02
ICIFX: 58.60

The current GSY Sharpe Ratio is 11.14, which is higher than the ICIFX Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of GSY and ICIFX, 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 Ratio4.006.008.0010.0012.00NovemberDecember2025FebruaryMarchApril
11.14
3.22
GSY
ICIFX

Dividends

GSY vs. ICIFX - Dividend Comparison

GSY's dividend yield for the trailing twelve months is around 5.11%, less than ICIFX's 5.23% yield.


TTM20242023202220212020201920182017201620152014
GSY
Invesco Ultra Short Duration ETF
5.11%5.31%4.95%1.70%0.58%1.45%2.71%2.30%1.80%1.30%1.17%1.29%
ICIFX
Invesco Conservative Income Fund
5.23%5.35%4.26%1.45%0.41%1.22%2.50%2.21%1.35%0.98%0.47%0.00%

Drawdowns

GSY vs. ICIFX - Drawdown Comparison

The maximum GSY drawdown since its inception was -12.14%, which is greater than ICIFX's maximum drawdown of -2.19%. Use the drawdown chart below to compare losses from any high point for GSY and ICIFX. For additional features, visit the drawdowns tool.


-0.40%-0.30%-0.20%-0.10%0.00%NovemberDecember2025FebruaryMarchApril0
-0.20%
GSY
ICIFX

Volatility

GSY vs. ICIFX - Volatility Comparison

The current volatility for Invesco Ultra Short Duration ETF (GSY) is 0.20%, while Invesco Conservative Income Fund (ICIFX) has a volatility of 0.53%. This indicates that GSY experiences smaller price fluctuations and is considered to be less risky than ICIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%0.70%NovemberDecember2025FebruaryMarchApril
0.20%
0.53%
GSY
ICIFX