IPKW vs. FIXT
IPKW (Invesco International BuyBack Achievers™ ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both exchange-traded funds - IPKW is a Foreign Large Cap Equities fund tracking the NASDAQ International BuyBack Achievers Index, while FIXT is a Global Equities fund tracking the VettaFi Natural Disaster Response and Mitigation Index. Both are passively managed. Over the past year, IPKW returned 26.57% vs 2.82% for FIXT. Their 0.34 correlation means their historical movements had little consistent relationship. IPKW charges 0.55%/yr vs 0.75%/yr for FIXT.
Performance
IPKW vs. FIXT - Performance Comparison
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Returns By Period
In the year-to-date period, IPKW achieves a 11.70% return, which is significantly higher than FIXT's 0.43% return.
IPKW
- 1D
- -0.33%
- 1M
- 4.57%
- 6M
- 4.94%
- YTD
- 11.70%
- 1Y
- 26.57%
- 3Y*
- 24.50%
- 5Y*
- 11.23%
- 10Y*
- 11.91%
- ALL TIME*
- 10.66%
FIXT
- 1D
- 0.03%
- 1M
- -0.54%
- 6M
- 0.09%
- YTD
- 0.43%
- 1Y
- 2.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $930.46K | $1.12M | $872.68K | |
| $2.41M | $2.05M | $2.20M |
IPKW vs. FIXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IPKW Invesco International BuyBack Achievers™ ETF | 11.70% | 16.97% |
FIXT Procure Disaster Recovery Strategy ETF | 0.43% | 4.57% |
Correlation
The correlation between IPKW and FIXT is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025 | 0.34 |
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Return for Risk
IPKW vs. FIXT — Risk / Return Rank
IPKW
FIXT
IPKW vs. FIXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International BuyBack Achievers™ ETF (IPKW) and Procure Disaster Recovery Strategy ETF (FIXT). 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.
| IPKW | FIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.13 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 0.94 | +1.98 |
| Martin ratioReturn relative to average drawdown | 9.19 | 2.31 | +6.89 |
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Drawdowns
IPKW vs. FIXT - Drawdown Comparison
The maximum IPKW drawdown since its inception was -47.24%, which is greater than FIXT's maximum drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for IPKW and FIXT.
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Drawdown Indicators
| IPKW | FIXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.24% | -3.02% | -44.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.14% | -3.02% | -6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -17.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.24% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | -1.69% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -8.90% | -0.85% | -8.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 1.22% | +1.68% |
Volatility
IPKW vs. FIXT - Volatility Comparison
Invesco International BuyBack Achievers™ ETF (IPKW) has a higher volatility of 3.49% compared to Procure Disaster Recovery Strategy ETF (FIXT) at 1.19%. This indicates that IPKW's price experiences larger fluctuations and is considered to be riskier than FIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPKW | FIXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 1.19% | +2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 12.36% | 2.71% | +9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 3.59% | +11.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 3.76% | +13.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.75% | 3.76% | +13.99% |
IPKW vs. FIXT - Expense Ratio Comparison
IPKW has a 0.55% expense ratio, which is lower than FIXT's 0.75% expense ratio.
Dividends
IPKW vs. FIXT - Dividend Comparison
IPKW's dividend yield for the trailing twelve months is around 3.36%, less than FIXT's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIXT Procure Disaster Recovery Strategy ETF | 5.64% | 3.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IPKW Invesco International BuyBack Achievers™ ETF | 3.36% | 3.55% | 4.12% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% |
Frequently Asked Questions
IPKW and FIXT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IPKW has higher volatility (3.49%) compared to FIXT (1.19%). In terms of maximum drawdown, IPKW dropped -47.24% vs FIXT's -3.02%.
On 1-year performance, IPKW leads with 26.57% vs 2.82% for FIXT. On fees, IPKW is cheaper at 0.55% per year. On volatility, FIXT has been the lower-risk option at 1.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IPKW has performed better with a 26.57% return vs 2.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IPKW is cheaper with a 0.55% expense ratio, compared with 0.75% for FIXT.
FIXT has the higher dividend yield at 5.64%, compared with 3.36% for IPKW.
IPKW is categorized as Foreign Large Cap Equities, while FIXT is Global Equities. IPKW tracks NASDAQ International BuyBack Achievers Index, while FIXT tracks VettaFi Natural Disaster Response and Mitigation Index. They also come from different issuers: Invesco and Procure. Their fees differ too: 0.55% for IPKW and 0.75% for FIXT.
IPKW currently has the higher Sharpe Ratio (1.80 vs 0.79), 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.
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