IDU vs. PUI

Last updated Jul 15, 2026

IDU (iShares U.S. Utilities ETF) and PUI (Invesco DWA Utilities Momentum ETF) are both exchange-traded funds - IDU is a Utilities Equities fund tracking the Dow Jones U.S. Utilities Index, while PUI is a Momentum fund tracking the DWA Utilities Technical Leaders Index. Both are passively managed. Over the past 10 years, IDU returned 8.83%/yr vs 8.15%/yr for PUI. Their correlation of 0.91 suggests significant overlap in exposure. IDU charges 0.42%/yr vs 0.60%/yr for PUI.

Performance

IDU vs. PUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Utilities ETF (IDU) and Invesco DWA Utilities Momentum ETF (PUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDU achieves a 8.16% return, which is significantly lower than PUI's 9.73% return. Over the past 10 years, IDU has outperformed PUI with an annualized return of 8.83%, while PUI has yielded a comparatively lower 8.15% annualized return.

IDU

• 1D: -0.09%
• 1M: 3.57%
• 6M: 7.80%
• YTD: 8.16%
• 1Y: 12.10%
• 3Y*: 14.51%
• 5Y*: 9.99%
• 10Y*: 8.83%

PUI

• 1D: 0.03%
• 1M: 2.41%
• 6M: 8.71%
• YTD: 9.73%
• 1Y: 14.94%
• 3Y*: 15.30%
• 5Y*: 9.48%
• 10Y*: 8.15%

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

IDU vs. PUI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDU iShares U.S. Utilities ETF	8.16%	15.23%	23.23%	-5.02%	0.17%	16.96%	-1.07%	24.21%	3.93%	11.94%
PUI Invesco DWA Utilities Momentum ETF	9.73%	15.25%	23.91%	-4.47%	-2.17%	15.02%	-5.05%	20.95%	6.12%	11.85%

Correlation

The correlation between IDU and PUI is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 26, 2005	0.91

The correlation between IDU and PUI has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

IDU vs. PUI - Sectors Allocation Comparison

Sectors	IDU	PUI
Utilities	91.1%	77.9%
Industrials	8.4%	9.9%
Energy	0.5%	10.1%
Basic Materials	-	-
Communication Services	-	2.1%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	0.1%
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

IDU vs. PUI — Risk / Return Rank

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

IDU

IDU Risk / Return Rank: 28
IDU Sharpe Ratio Rank: 29
IDU Sortino Ratio Rank: 27
IDU Omega Ratio Rank: 27
IDU Calmar Ratio Rank: 32
IDU Martin Ratio Rank: 27

PUI

PUI Risk / Return Rank: 31
PUI Sharpe Ratio Rank: 34
PUI Sortino Ratio Rank: 31
PUI Omega Ratio Rank: 29
PUI Calmar Ratio Rank: 33
PUI Martin Ratio Rank: 28

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.

IDU vs. PUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Utilities ETF (IDU) and Invesco DWA Utilities Momentum ETF (PUI). 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.

	IDU	PUI	Difference
Sharpe ratio: Return per unit of total volatility	0.86	1.00	-0.14
Sortino ratio: Return per unit of downside risk	1.25	1.42	-0.17
Omega ratio: Gain probability vs. loss probability	1.15	1.17	-0.02
Calmar ratio: Return relative to maximum drawdown	1.33	1.36	-0.03
Martin ratio: Return relative to average drawdown	2.89	3.06	-0.18

IDU vs. PUI - Sharpe Ratio Comparison

The current IDU Sharpe Ratio is 0.86, which is comparable to the PUI Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of IDU and PUI, 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

IDU vs. PUI - Drawdown Comparison

The maximum IDU drawdown since its inception was -53.88%, which is greater than PUI's maximum drawdown of -43.20%. Use the drawdown chart below to compare losses from any high point for IDU and PUI.

Drawdown Indicators

	IDU	PUI	Difference
Max Drawdown Largest peak-to-trough decline	-53.88%	-43.20%	-10.68%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	-11.07%	+1.92%
Max Drawdown (3Y) Largest decline over 3 years	-16.74%	-15.28%	-1.46%
Max Drawdown (5Y) Largest decline over 5 years	-24.11%	-23.47%	-0.64%
Max Drawdown (10Y) Largest decline over 10 years	-36.18%	-35.61%	-0.57%
Current Drawdown Current decline from peak	-2.90%	-2.27%	-0.63%
Average Drawdown Average peak-to-trough decline	-11.35%	-8.43%	-2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	4.89%	-0.69%

Volatility

IDU vs. PUI - Volatility Comparison

iShares U.S. Utilities ETF (IDU) has a higher volatility of 4.30% compared to Invesco DWA Utilities Momentum ETF (PUI) at 3.72%. This indicates that IDU's price experiences larger fluctuations and is considered to be riskier than PUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDU	PUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.72%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	10.98%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.14%	15.05%	-0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.51%	16.63%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.75%	19.07%	-0.32%

IDU vs. PUI - Expense Ratio Comparison

IDU has a 0.42% expense ratio, which is lower than PUI's 0.60% expense ratio.

Dividends

IDU vs. PUI - Dividend Comparison

IDU's dividend yield for the trailing twelve months is around 2.17%, more than PUI's 1.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDU iShares U.S. Utilities ETF	2.17%	2.23%	2.29%	2.79%	2.39%	2.39%	2.94%	2.71%	2.80%	2.62%	3.18%	4.22%
PUI Invesco DWA Utilities Momentum ETF	1.98%	2.22%	2.06%	2.36%	2.16%	2.03%	2.42%	2.02%	1.87%	2.98%	3.35%	2.82%

Frequently Asked Questions

Can I hold both IDU and PUI in my portfolio?

IDU and PUI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDU or PUI?

IDU has higher volatility (4.30%) compared to PUI (3.72%). In terms of maximum drawdown, IDU dropped -53.88% vs PUI's -43.20%.

Which ETF is better, IDU or PUI?

On 10-year performance, IDU leads with 8.83% vs 8.15% for PUI. On fees, IDU is cheaper at 0.42% per year. On volatility, PUI has been the lower-risk option at 3.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDU or PUI?

Over the 10-year period, IDU has performed better with a 8.83% return vs 8.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDU or PUI?

IDU is cheaper with a 0.42% expense ratio, compared with 0.60% for PUI.

Which ETF pays a higher dividend yield, IDU or PUI?

IDU has the higher dividend yield at 2.17%, compared with 1.98% for PUI.

What is the main difference between IDU and PUI?

IDU is categorized as Utilities Equities, while PUI is Momentum. IDU tracks Dow Jones U.S. Utilities Index, while PUI tracks DWA Utilities Technical Leaders Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.42% for IDU and 0.60% for PUI.

Which has better risk-adjusted returns?

PUI currently has the higher Sharpe Ratio (1.00 vs 0.86), 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.