IPKW vs. VIG
Compare and contrast key facts about Invesco International BuyBack Achievers™ ETF (IPKW) and Vanguard Dividend Appreciation ETF (VIG).
IPKW and VIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPKW is a passively managed fund by Invesco that tracks the performance of the NASDAQ International BuyBack Achievers Index. It was launched on Feb 27, 2014. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. Both IPKW and VIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPKW or VIG.
Key characteristics
| IPKW | VIG | |
|---|---|---|
| YTD Return | 14.20% | 20.60% |
| 1Y Return | 25.29% | 29.90% |
| 3Y Return (Ann) | 3.13% | 8.71% |
| 5Y Return (Ann) | 8.82% | 13.04% |
| 10Y Return (Ann) | 8.20% | 11.97% |
| Sharpe Ratio | 1.76 | 3.16 |
| Sortino Ratio | 2.33 | 4.43 |
| Omega Ratio | 1.30 | 1.59 |
| Calmar Ratio | 1.53 | 6.23 |
| Martin Ratio | 11.91 | 20.81 |
| Ulcer Index | 2.20% | 1.52% |
| Daily Std Dev | 14.87% | 9.98% |
| Max Drawdown | -47.24% | -46.81% |
| Current Drawdown | -3.55% | -0.14% |
Correlation
The correlation between IPKW and VIG is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPKW vs. VIG - Performance Comparison
In the year-to-date period, IPKW achieves a 14.20% return, which is significantly lower than VIG's 20.60% return. Over the past 10 years, IPKW has underperformed VIG with an annualized return of 8.20%, while VIG has yielded a comparatively higher 11.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IPKW vs. VIG - Expense Ratio Comparison
IPKW has a 0.55% expense ratio, which is higher than VIG's 0.06% expense ratio.
Risk-Adjusted Performance
IPKW vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International BuyBack Achievers™ ETF (IPKW) and Vanguard Dividend Appreciation ETF (VIG). 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.
Dividends
IPKW vs. VIG - Dividend Comparison
IPKW's dividend yield for the trailing twelve months is around 3.08%, more than VIG's 1.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPKW Invesco International BuyBack Achievers™ ETF | 3.08% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% | 1.41% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.69% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
IPKW vs. VIG - Drawdown Comparison
The maximum IPKW drawdown since its inception was -47.24%, roughly equal to the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for IPKW and VIG. For additional features, visit the drawdowns tool.
Volatility
IPKW vs. VIG - Volatility Comparison
Invesco International BuyBack Achievers™ ETF (IPKW) has a higher volatility of 4.49% compared to Vanguard Dividend Appreciation ETF (VIG) at 3.57%. This indicates that IPKW's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.