PBJ vs. FSPGX
Compare and contrast key facts about Invesco Dynamic Food & Beverage ETF (PBJ) and Fidelity Large Cap Growth Index Fund (FSPGX).
PBJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Food & Beverage Intellidex Index. It was launched on Jun 23, 2005. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBJ or FSPGX.
Performance
PBJ vs. FSPGX - Performance Comparison
Returns By Period
In the year-to-date period, PBJ achieves a 5.45% return, which is significantly lower than FSPGX's 30.54% return.
PBJ
5.45%
1.47%
3.28%
10.59%
9.01%
6.10%
FSPGX
30.54%
2.39%
15.06%
36.17%
19.56%
N/A
Key characteristics
| PBJ | FSPGX | |
|---|---|---|
| Sharpe Ratio | 1.05 | 2.19 |
| Sortino Ratio | 1.57 | 2.85 |
| Omega Ratio | 1.18 | 1.40 |
| Calmar Ratio | 1.37 | 2.80 |
| Martin Ratio | 3.36 | 10.97 |
| Ulcer Index | 3.51% | 3.35% |
| Daily Std Dev | 11.25% | 16.80% |
| Max Drawdown | -39.15% | -32.66% |
| Current Drawdown | -1.03% | -1.26% |
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PBJ vs. FSPGX - Expense Ratio Comparison
PBJ has a 0.63% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Correlation
The correlation between PBJ and FSPGX is 0.50, 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.
Risk-Adjusted Performance
PBJ vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Food & Beverage ETF (PBJ) and Fidelity Large Cap Growth Index Fund (FSPGX). 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
PBJ vs. FSPGX - Dividend Comparison
PBJ's dividend yield for the trailing twelve months is around 1.17%, more than FSPGX's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBJ Invesco Dynamic Food & Beverage ETF | 1.17% | 1.80% | 1.81% | 0.90% | 1.12% | 1.21% | 1.41% | 0.70% | 1.56% | 1.24% | 1.32% | 0.85% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.43% | 0.73% | 0.86% | 0.54% | 0.74% | 0.99% | 1.14% | 0.99% | 0.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
PBJ vs. FSPGX - Drawdown Comparison
The maximum PBJ drawdown since its inception was -39.15%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for PBJ and FSPGX. For additional features, visit the drawdowns tool.
Volatility
PBJ vs. FSPGX - Volatility Comparison
The current volatility for Invesco Dynamic Food & Beverage ETF (PBJ) is 3.40%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.32%. This indicates that PBJ experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.