JETS vs. PEJ
Compare and contrast key facts about U.S. Global Jets ETF (JETS) and Invesco Dynamic Leisure & Entertainment ETF (PEJ).
JETS and PEJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JETS is a passively managed fund by US Global Investors that tracks the performance of the U.S. Global Jets Index. It was launched on Apr 28, 2015. PEJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Leisure and Entertainment Intellidex Index. It was launched on Jun 23, 2005. Both JETS and PEJ 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: JETS or PEJ.
Correlation
The correlation between JETS and PEJ is 0.59, 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
JETS vs. PEJ - Performance Comparison
Key characteristics
JETS:
0.18
PEJ:
0.52
JETS:
0.43
PEJ:
0.78
JETS:
1.05
PEJ:
1.11
JETS:
0.08
PEJ:
0.43
JETS:
0.32
PEJ:
1.44
JETS:
12.30%
PEJ:
7.68%
JETS:
34.23%
PEJ:
25.49%
JETS:
-64.73%
PEJ:
-66.02%
JETS:
-35.44%
PEJ:
-12.47%
Returns By Period
In the year-to-date period, JETS achieves a -13.93% return, which is significantly lower than PEJ's -3.21% return. Over the past 10 years, JETS has underperformed PEJ with an annualized return of -0.87%, while PEJ has yielded a comparatively higher 3.62% annualized return.
JETS
-13.93%
25.62%
-9.65%
6.23%
10.03%
-0.87%
PEJ
-3.21%
17.88%
-3.34%
13.05%
13.97%
3.62%
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JETS vs. PEJ - Expense Ratio Comparison
JETS has a 0.60% expense ratio, which is higher than PEJ's 0.55% expense ratio.
Risk-Adjusted Performance
JETS vs. PEJ — Risk-Adjusted Performance Rank
JETS
PEJ
JETS vs. PEJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for U.S. Global Jets ETF (JETS) and Invesco Dynamic Leisure & Entertainment ETF (PEJ). 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
JETS vs. PEJ - Dividend Comparison
JETS has not paid dividends to shareholders, while PEJ's dividend yield for the trailing twelve months is around 0.12%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JETS U.S. Global Jets ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.67% | 0.04% | 1.24% | 0.63% | 1.57% | 0.58% | 0.17% | 0.00% |
PEJ Invesco Dynamic Leisure & Entertainment ETF | 0.12% | 0.41% | 0.46% | 0.43% | 0.34% | 0.92% | 0.39% | 0.78% | 0.68% | 0.68% | 0.52% | 0.51% |
Drawdowns
JETS vs. PEJ - Drawdown Comparison
The maximum JETS drawdown since its inception was -64.73%, roughly equal to the maximum PEJ drawdown of -66.02%. Use the drawdown chart below to compare losses from any high point for JETS and PEJ. For additional features, visit the drawdowns tool.
Volatility
JETS vs. PEJ - Volatility Comparison
U.S. Global Jets ETF (JETS) has a higher volatility of 19.91% compared to Invesco Dynamic Leisure & Entertainment ETF (PEJ) at 13.82%. This indicates that JETS's price experiences larger fluctuations and is considered to be riskier than PEJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.