ISDB vs. GSY
Compare and contrast key facts about Invesco Short Duration Bond ETF (ISDB) and Invesco Ultra Short Duration ETF (GSY).
ISDB and GSY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISDB is an actively managed fund by Invesco. It was launched on Dec 5, 2022. GSY is an actively managed fund by Invesco. It was launched on Feb 12, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISDB or GSY.
Correlation
The correlation between ISDB and GSY is 0.67, 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
ISDB vs. GSY - Performance Comparison
Key characteristics
ISDB:
3.38
GSY:
11.42
ISDB:
5.45
GSY:
27.67
ISDB:
1.74
GSY:
6.27
ISDB:
7.97
GSY:
60.07
ISDB:
21.43
GSY:
343.07
ISDB:
0.27%
GSY:
0.02%
ISDB:
1.71%
GSY:
0.52%
ISDB:
-1.44%
GSY:
-12.14%
ISDB:
0.00%
GSY:
0.00%
Returns By Period
In the year-to-date period, ISDB achieves a 0.50% return, which is significantly higher than GSY's 0.38% return.
ISDB
0.50%
0.70%
2.76%
5.51%
N/A
N/A
GSY
0.38%
0.46%
2.83%
5.90%
2.81%
2.51%
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ISDB vs. GSY - Expense Ratio Comparison
ISDB has a 0.36% expense ratio, which is higher than GSY's 0.22% expense ratio.
Risk-Adjusted Performance
ISDB vs. GSY — Risk-Adjusted Performance Rank
ISDB
GSY
ISDB vs. GSY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Bond ETF (ISDB) and Invesco Ultra Short Duration ETF (GSY). 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
ISDB vs. GSY - Dividend Comparison
ISDB's dividend yield for the trailing twelve months is around 5.46%, more than GSY's 5.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISDB Invesco Short Duration Bond ETF | 5.46% | 5.50% | 5.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSY Invesco Ultra Short Duration ETF | 5.29% | 5.31% | 4.95% | 1.70% | 0.58% | 1.60% | 2.91% | 2.42% | 2.02% | 1.30% | 1.17% | 1.29% |
Drawdowns
ISDB vs. GSY - Drawdown Comparison
The maximum ISDB drawdown since its inception was -1.44%, smaller than the maximum GSY drawdown of -12.14%. Use the drawdown chart below to compare losses from any high point for ISDB and GSY. For additional features, visit the drawdowns tool.
Volatility
ISDB vs. GSY - Volatility Comparison
Invesco Short Duration Bond ETF (ISDB) has a higher volatility of 0.54% compared to Invesco Ultra Short Duration ETF (GSY) at 0.10%. This indicates that ISDB's price experiences larger fluctuations and is considered to be riskier than GSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.