PBD vs. TDV
Compare and contrast key facts about Invesco Global Clean Energy ETF (PBD) and ProShares S&P Technology Dividend Aristocrats ETF (TDV).
PBD and TDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PBD is a passively managed fund by Invesco that tracks the performance of the WilderHill New Energy Global Innovation index. It was launched on Jun 13, 2007. TDV is a passively managed fund by ProShares that tracks the performance of the Zacks 2040 Lifecycle Index. It was launched on Nov 5, 2019. Both PBD and TDV 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: PBD or TDV.
Key characteristics
| PBD | TDV | |
|---|---|---|
| YTD Return | -25.40% | 13.39% |
| 1Y Return | -11.96% | 26.39% |
| 3Y Return (Ann) | -27.06% | 7.84% |
| 5Y Return (Ann) | -0.09% | 16.00% |
| Sharpe Ratio | -0.45 | 1.50 |
| Sortino Ratio | -0.50 | 2.07 |
| Omega Ratio | 0.94 | 1.26 |
| Calmar Ratio | -0.17 | 2.11 |
| Martin Ratio | -0.84 | 7.48 |
| Ulcer Index | 14.14% | 3.43% |
| Daily Std Dev | 26.10% | 17.06% |
| Max Drawdown | -78.60% | -32.78% |
| Current Drawdown | -68.93% | -1.31% |
Correlation
The correlation between PBD and TDV is 0.69, 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
PBD vs. TDV - Performance Comparison
In the year-to-date period, PBD achieves a -25.40% return, which is significantly lower than TDV's 13.39% 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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PBD vs. TDV - Expense Ratio Comparison
PBD has a 0.75% expense ratio, which is higher than TDV's 0.66% expense ratio.
Risk-Adjusted Performance
PBD vs. TDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy ETF (PBD) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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
PBD vs. TDV - Dividend Comparison
PBD's dividend yield for the trailing twelve months is around 3.06%, more than TDV's 1.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBD Invesco Global Clean Energy ETF | 3.06% | 2.86% | 2.98% | 0.67% | 0.48% | 1.83% | 1.87% | 1.77% | 2.05% | 1.24% | 1.05% | 0.88% |
TDV ProShares S&P Technology Dividend Aristocrats ETF | 1.15% | 1.16% | 1.67% | 1.08% | 1.10% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PBD vs. TDV - Drawdown Comparison
The maximum PBD drawdown since its inception was -78.60%, which is greater than TDV's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for PBD and TDV. For additional features, visit the drawdowns tool.
Volatility
PBD vs. TDV - Volatility Comparison
Invesco Global Clean Energy ETF (PBD) has a higher volatility of 9.40% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 5.17%. This indicates that PBD's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.