IPKW vs. FIXT

Last updated Jun 24, 2026

IPKW (Invesco International BuyBack Achievers™ ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds - IPKW tracks the NASDAQ International BuyBack Achievers Index while FIXT tracks the VettaFi Natural Disaster Response and Mitigation Index. Both are passively managed. Over the past year, IPKW returned 21.92% vs 4.69% for FIXT. At a 0.35 correlation, their price movements are largely independent. IPKW charges 0.55%/yr vs 0.75%/yr for FIXT.

Performance

IPKW vs. FIXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International BuyBack Achievers™ ETF (IPKW) and Procure Disaster Recovery Strategy ETF (FIXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IPKW achieves a 3.20% return, which is significantly higher than FIXT's 0.71% return.

IPKW

• 1D: -1.58%
• 1M: -3.12%
• YTD: 3.20%
• 6M: 3.35%
• 1Y: 21.92%
• 3Y*: 22.84%
• 5Y*: 9.02%
• 10Y*: 11.86%

FIXT

• 1D: 0.14%
• 1M: 1.07%
• YTD: 0.71%
• 6M: 0.66%
• 1Y: 4.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPKW vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
IPKW Invesco International BuyBack Achievers™ ETF	3.20%	16.97%
FIXT Procure Disaster Recovery Strategy ETF	0.71%	4.57%

Correlation

The correlation between IPKW and FIXT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.35

IPKW vs. FIXT - Sectors Allocation Comparison

Sectors	IPKW	FIXT
Financial Services	35.1%	-
Consumer Cyclical	17.7%	-
Energy	17.4%	-
Industrials	11.8%	-
Communication Services	5.4%	-
Technology	3.8%	-
Utilities	3.3%	-
Basic Materials	3.0%	-
Healthcare	1.0%	100.0%
Real Estate	1.0%	-
Consumer Defensive	0.4%	-

Return for Risk

IPKW vs. FIXT — Risk / Return Rank

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

IPKW

IPKW Risk / Return Rank: 47
IPKW Sharpe Ratio Rank: 45
IPKW Sortino Ratio Rank: 45
IPKW Omega Ratio Rank: 44
IPKW Calmar Ratio Rank: 52
IPKW Martin Ratio Rank: 49

FIXT

FIXT Risk / Return Rank: 36
FIXT Sharpe Ratio Rank: 38
FIXT Sortino Ratio Rank: 39
FIXT Omega Ratio Rank: 36
FIXT Calmar Ratio Rank: 33
FIXT Martin Ratio Rank: 32

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.

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 ratio: Return per unit of total volatility	1.50	1.26	+0.24
Sortino ratio: Return per unit of downside risk	2.14	1.89	+0.25
Omega ratio: Gain probability vs. loss probability	1.27	1.22	+0.05
Calmar ratio: Return relative to maximum drawdown	2.41	1.56	+0.85
Martin ratio: Return relative to average drawdown	7.94	4.33	+3.61

IPKW vs. FIXT - Sharpe Ratio Comparison

The current IPKW Sharpe Ratio is 1.50, which is comparable to the FIXT Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of IPKW and FIXT, 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

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.

Drawdown Indicators

	IPKW	FIXT	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	-5.09%	-1.42%	-3.67%
Average Drawdown Average peak-to-trough decline	-8.97%	-0.75%	-8.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	1.08%	+1.69%

Volatility

IPKW vs. FIXT - Volatility Comparison

Invesco International BuyBack Achievers™ ETF (IPKW) has a higher volatility of 4.36% compared to Procure Disaster Recovery Strategy ETF (FIXT) at 0.91%. 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.

Volatility by Period

	IPKW	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	0.91%	+3.45%
Volatility (6M) Calculated over the trailing 6-month period	12.34%	2.48%	+9.86%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	3.77%	+10.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	3.74%	+13.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.79%	3.74%	+14.05%

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 3.63%, less than FIXT's 5.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIXT Procure Disaster Recovery Strategy ETF	5.52%	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	3.63%	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

Can I hold both IPKW and FIXT in my portfolio?

IPKW and FIXT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPKW or FIXT?

IPKW has higher volatility (4.36%) compared to FIXT (0.91%). In terms of maximum drawdown, IPKW dropped -47.24% vs FIXT's -3.02%.

Which ETF is better, IPKW or FIXT?

On 1-year performance, IPKW leads with 21.92% vs 4.69% for FIXT. On fees, IPKW is cheaper at 0.55% per year. On volatility, FIXT has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IPKW or FIXT?

Over the 1-year period, IPKW has performed better with a 21.92% return vs 4.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IPKW or FIXT?

IPKW is cheaper with a 0.55% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, IPKW or FIXT?

FIXT has the higher dividend yield at 5.52%, compared with 3.63% for IPKW.

What is the main difference between IPKW and FIXT?

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.

Which has better risk-adjusted returns?

IPKW currently has the higher Sharpe Ratio (1.50 vs 1.26), 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.