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PBJ vs. FTXG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PBJ and FTXG 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.


-0.50.00.51.00.6

Performance

PBJ vs. FTXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Food & Beverage ETF (PBJ) and First Trust Nasdaq Food & Beverage ETF (FTXG). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
59.77%
35.69%
PBJ
FTXG

Key characteristics

Sharpe Ratio

PBJ:

0.49

FTXG:

0.07

Sortino Ratio

PBJ:

0.76

FTXG:

0.18

Omega Ratio

PBJ:

1.09

FTXG:

1.02

Calmar Ratio

PBJ:

0.68

FTXG:

0.05

Martin Ratio

PBJ:

1.53

FTXG:

0.21

Ulcer Index

PBJ:

3.54%

FTXG:

3.81%

Daily Std Dev

PBJ:

11.13%

FTXG:

11.55%

Max Drawdown

PBJ:

-39.15%

FTXG:

-31.53%

Current Drawdown

PBJ:

-4.21%

FTXG:

-13.48%

Returns By Period

In the year-to-date period, PBJ achieves a 3.32% return, which is significantly higher than FTXG's -2.09% return.


PBJ

YTD

3.32%

1M

-0.81%

6M

3.53%

1Y

4.53%

5Y*

7.88%

10Y*

5.60%

FTXG

YTD

-2.09%

1M

-2.59%

6M

-0.24%

1Y

-0.07%

5Y*

3.36%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PBJ vs. FTXG - Expense Ratio Comparison

PBJ has a 0.63% expense ratio, which is higher than FTXG's 0.60% expense ratio.


PBJ
Invesco Dynamic Food & Beverage ETF
Expense ratio chart for PBJ: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for FTXG: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

PBJ vs. FTXG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Food & Beverage ETF (PBJ) and First Trust Nasdaq Food & Beverage ETF (FTXG). 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.


Sharpe ratio
The chart of Sharpe ratio for PBJ, currently valued at 0.49, compared to the broader market0.002.004.000.490.07
The chart of Sortino ratio for PBJ, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.760.18
The chart of Omega ratio for PBJ, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.02
The chart of Calmar ratio for PBJ, currently valued at 0.68, compared to the broader market0.005.0010.0015.000.680.05
The chart of Martin ratio for PBJ, currently valued at 1.53, compared to the broader market0.0020.0040.0060.0080.00100.001.530.21
PBJ
FTXG

The current PBJ Sharpe Ratio is 0.49, which is higher than the FTXG Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of PBJ and FTXG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.49
0.07
PBJ
FTXG

Dividends

PBJ vs. FTXG - Dividend Comparison

PBJ's dividend yield for the trailing twelve months is around 0.74%, less than FTXG's 3.60% yield.


TTM20232022202120202019201820172016201520142013
PBJ
Invesco Dynamic Food & Beverage ETF
0.74%1.80%1.81%0.90%1.12%1.21%1.41%0.70%1.56%1.24%1.32%0.85%
FTXG
First Trust Nasdaq Food & Beverage ETF
2.74%4.27%1.50%1.52%1.35%1.26%1.37%1.56%0.30%0.00%0.00%0.00%

Drawdowns

PBJ vs. FTXG - Drawdown Comparison

The maximum PBJ drawdown since its inception was -39.15%, which is greater than FTXG's maximum drawdown of -31.53%. Use the drawdown chart below to compare losses from any high point for PBJ and FTXG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.21%
-13.48%
PBJ
FTXG

Volatility

PBJ vs. FTXG - Volatility Comparison

Invesco Dynamic Food & Beverage ETF (PBJ) has a higher volatility of 4.06% compared to First Trust Nasdaq Food & Beverage ETF (FTXG) at 3.80%. This indicates that PBJ's price experiences larger fluctuations and is considered to be riskier than FTXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%JulyAugustSeptemberOctoberNovemberDecember
4.06%
3.80%
PBJ
FTXG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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