HOBEX vs. PEY
Compare and contrast key facts about Holbrook Income Fund (HOBEX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY).
HOBEX is managed by Holbrook Holdings. It was launched on Jul 6, 2016. PEY is a passively managed fund by Invesco that tracks the performance of the NASDAQ US Dividend Achievers 50 Index. It was launched on Dec 9, 2004.
Performance
HOBEX vs. PEY - Performance Comparison
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HOBEX vs. PEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HOBEX Holbrook Income Fund | 0.64% | 7.23% | 7.16% | 4.74% | -3.42% | 6.25% | 6.83% | 7.30% | 1.26% | 2.42% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 5.88% | 0.56% | 5.25% | 7.29% | 2.45% | 26.15% | -3.85% | 24.76% | -7.49% | 8.39% |
Returns By Period
In the year-to-date period, HOBEX achieves a 0.64% return, which is significantly lower than PEY's 5.88% return.
HOBEX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.64%
- 6M
- 1.81%
- 1Y
- 5.80%
- 3Y*
- 6.37%
- 5Y*
- 3.72%
- 10Y*
- —
PEY
- 1D
- -0.32%
- 1M
- -0.81%
- YTD
- 5.88%
- 6M
- 3.22%
- 1Y
- 4.59%
- 3Y*
- 7.32%
- 5Y*
- 5.59%
- 10Y*
- 8.63%
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HOBEX vs. PEY - Expense Ratio Comparison
HOBEX has a 1.60% expense ratio, which is higher than PEY's 0.54% expense ratio.
Return for Risk
HOBEX vs. PEY — Risk / Return Rank
HOBEX
PEY
HOBEX vs. PEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Holbrook Income Fund (HOBEX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). 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.
| HOBEX | PEY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.70 | 0.26 | +2.44 |
Sortino ratioReturn per unit of downside risk | 6.43 | 0.49 | +5.93 |
Omega ratioGain probability vs. loss probability | 2.27 | 1.06 | +1.21 |
Calmar ratioReturn relative to maximum drawdown | 7.57 | 0.33 | +7.24 |
Martin ratioReturn relative to average drawdown | 27.11 | 0.98 | +26.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HOBEX | PEY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 0.26 | +2.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.44 | 0.34 | +1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.27 | +0.48 |
Correlation
The correlation between HOBEX and PEY is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HOBEX vs. PEY - Dividend Comparison
HOBEX's dividend yield for the trailing twelve months is around 5.54%, more than PEY's 4.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOBEX Holbrook Income Fund | 5.54% | 5.94% | 6.58% | 5.05% | 4.83% | 4.00% | 5.44% | 3.05% | 3.84% | 1.69% | 0.00% | 0.00% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 4.68% | 4.85% | 4.44% | 4.58% | 4.22% | 3.83% | 4.30% | 3.78% | 4.33% | 3.21% | 3.12% | 3.44% |
Drawdowns
HOBEX vs. PEY - Drawdown Comparison
The maximum HOBEX drawdown since its inception was -23.58%, smaller than the maximum PEY drawdown of -72.81%. Use the drawdown chart below to compare losses from any high point for HOBEX and PEY.
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Drawdown Indicators
| HOBEX | PEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.58% | -72.81% | +49.23% |
Max Drawdown (1Y)Largest decline over 1 year | -0.71% | -13.28% | +12.57% |
Max Drawdown (5Y)Largest decline over 5 years | -4.57% | -17.90% | +13.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.55% | — |
Current DrawdownCurrent decline from peak | -0.20% | -3.71% | +3.51% |
Average DrawdownAverage peak-to-trough decline | -1.08% | -12.97% | +11.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 4.45% | -4.22% |
Volatility
HOBEX vs. PEY - Volatility Comparison
The current volatility for Holbrook Income Fund (HOBEX) is 0.31%, while Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a volatility of 3.24%. This indicates that HOBEX experiences smaller price fluctuations and is considered to be less risky than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOBEX | PEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.31% | 3.24% | -2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 1.62% | 9.86% | -8.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.16% | 17.84% | -15.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.59% | 16.38% | -13.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 18.90% | -13.13% |