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

Correlation

The correlation between PBJ and QLV is 0.62, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

PBJ vs. QLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Food & Beverage ETF (PBJ) and FlexShares US Quality Low Volatility Index Fund (QLV). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
49.15%
74.52%
PBJ
QLV

Key characteristics

Sharpe Ratio

PBJ:

-0.08

QLV:

0.81

Sortino Ratio

PBJ:

-0.01

QLV:

1.19

Omega Ratio

PBJ:

1.00

QLV:

1.18

Calmar Ratio

PBJ:

-0.10

QLV:

0.91

Martin Ratio

PBJ:

-0.27

QLV:

4.26

Ulcer Index

PBJ:

4.31%

QLV:

2.57%

Daily Std Dev

PBJ:

14.46%

QLV:

13.58%

Max Drawdown

PBJ:

-39.15%

QLV:

-33.71%

Current Drawdown

PBJ:

-4.09%

QLV:

-5.53%

Returns By Period

In the year-to-date period, PBJ achieves a 0.94% return, which is significantly higher than QLV's -1.67% return.


PBJ

YTD

0.94%

1M

2.79%

6M

0.28%

1Y

-1.96%

5Y*

10.71%

10Y*

5.21%

QLV

YTD

-1.67%

1M

-3.21%

6M

-3.54%

1Y

10.04%

5Y*

13.27%

10Y*

N/A

*Annualized

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PBJ vs. QLV - Expense Ratio Comparison

PBJ has a 0.63% expense ratio, which is higher than QLV's 0.22% expense ratio.


Expense ratio chart for PBJ: current value is 0.63%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PBJ: 0.63%
Expense ratio chart for QLV: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QLV: 0.22%

Risk-Adjusted Performance

PBJ vs. QLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PBJ
The Risk-Adjusted Performance Rank of PBJ is 1616
Overall Rank
The Sharpe Ratio Rank of PBJ is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of PBJ is 1616
Sortino Ratio Rank
The Omega Ratio Rank of PBJ is 1616
Omega Ratio Rank
The Calmar Ratio Rank of PBJ is 1515
Calmar Ratio Rank
The Martin Ratio Rank of PBJ is 1717
Martin Ratio Rank

QLV
The Risk-Adjusted Performance Rank of QLV is 7878
Overall Rank
The Sharpe Ratio Rank of QLV is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of QLV is 7474
Sortino Ratio Rank
The Omega Ratio Rank of QLV is 7777
Omega Ratio Rank
The Calmar Ratio Rank of QLV is 8181
Calmar Ratio Rank
The Martin Ratio Rank of QLV is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PBJ vs. QLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Food & Beverage ETF (PBJ) and FlexShares US Quality Low Volatility Index Fund (QLV). 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.


The chart of Sharpe ratio for PBJ, currently valued at -0.08, compared to the broader market-1.000.001.002.003.004.00
PBJ: -0.08
QLV: 0.81
The chart of Sortino ratio for PBJ, currently valued at -0.01, compared to the broader market-2.000.002.004.006.008.00
PBJ: -0.01
QLV: 1.19
The chart of Omega ratio for PBJ, currently valued at 1.00, compared to the broader market0.501.001.502.002.50
PBJ: 1.00
QLV: 1.18
The chart of Calmar ratio for PBJ, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.00
PBJ: -0.10
QLV: 0.91
The chart of Martin ratio for PBJ, currently valued at -0.27, compared to the broader market0.0020.0040.0060.00
PBJ: -0.27
QLV: 4.26

The current PBJ Sharpe Ratio is -0.08, which is lower than the QLV Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of PBJ and QLV, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.08
0.81
PBJ
QLV

Dividends

PBJ vs. QLV - Dividend Comparison

PBJ's dividend yield for the trailing twelve months is around 1.43%, less than QLV's 1.78% yield.


TTM20242023202220212020201920182017201620152014
PBJ
Invesco Dynamic Food & Beverage ETF
1.43%1.11%1.80%1.81%0.90%1.12%1.21%1.41%0.70%1.56%1.24%1.32%
QLV
FlexShares US Quality Low Volatility Index Fund
1.78%1.66%1.60%1.74%0.97%1.24%0.58%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PBJ vs. QLV - Drawdown Comparison

The maximum PBJ drawdown since its inception was -39.15%, which is greater than QLV's maximum drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for PBJ and QLV. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.09%
-5.53%
PBJ
QLV

Volatility

PBJ vs. QLV - Volatility Comparison

The current volatility for Invesco Dynamic Food & Beverage ETF (PBJ) is 8.36%, while FlexShares US Quality Low Volatility Index Fund (QLV) has a volatility of 10.19%. This indicates that PBJ experiences smaller price fluctuations and is considered to be less risky than QLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
8.36%
10.19%
PBJ
QLV