PAWZ vs. ZTS
Compare and contrast key facts about ProShares Pet Care ETF (PAWZ) and Zoetis Inc. (ZTS).
PAWZ is a passively managed fund by ProShares that tracks the performance of the FactSet Pet Care Index. It was launched on Nov 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAWZ or ZTS.
Correlation
The correlation between PAWZ and ZTS is 0.64, 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
PAWZ vs. ZTS - Performance Comparison
Key characteristics
PAWZ:
0.45
ZTS:
-0.56
PAWZ:
0.74
ZTS:
-0.66
PAWZ:
1.09
ZTS:
0.92
PAWZ:
0.16
ZTS:
-0.35
PAWZ:
1.23
ZTS:
-1.11
PAWZ:
5.67%
ZTS:
12.69%
PAWZ:
15.49%
ZTS:
24.85%
PAWZ:
-50.07%
ZTS:
-46.52%
PAWZ:
-33.36%
ZTS:
-34.77%
Returns By Period
In the year-to-date period, PAWZ achieves a 1.38% return, which is significantly higher than ZTS's -3.67% return.
PAWZ
1.38%
0.96%
-3.00%
9.79%
3.85%
N/A
ZTS
-3.67%
-5.39%
-14.31%
-16.05%
2.55%
14.00%
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Risk-Adjusted Performance
PAWZ vs. ZTS — Risk-Adjusted Performance Rank
PAWZ
ZTS
PAWZ vs. ZTS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Pet Care ETF (PAWZ) and Zoetis Inc. (ZTS). 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
PAWZ vs. ZTS - Dividend Comparison
PAWZ's dividend yield for the trailing twelve months is around 0.63%, less than ZTS's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAWZ ProShares Pet Care ETF | 0.63% | 0.64% | 0.44% | 0.54% | 0.18% | 0.14% | 0.34% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
ZTS Zoetis Inc. | 1.15% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% | 0.67% |
Drawdowns
PAWZ vs. ZTS - Drawdown Comparison
The maximum PAWZ drawdown since its inception was -50.07%, which is greater than ZTS's maximum drawdown of -46.52%. Use the drawdown chart below to compare losses from any high point for PAWZ and ZTS. For additional features, visit the drawdowns tool.
Volatility
PAWZ vs. ZTS - Volatility Comparison
The current volatility for ProShares Pet Care ETF (PAWZ) is 3.55%, while Zoetis Inc. (ZTS) has a volatility of 8.74%. This indicates that PAWZ experiences smaller price fluctuations and is considered to be less risky than ZTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.