PBUS vs. PWV
Compare and contrast key facts about Invesco PureBeta MSCI USA ETF (PBUS) and Invesco Dynamic Large Cap Value ETF (PWV).
PBUS and PWV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PBUS is a passively managed fund by Invesco that tracks the performance of the MSCI USA Index. It was launched on Sep 22, 2017. PWV is a passively managed fund by Invesco that tracks the performance of the Dynamic Large Cap Value Intellidex Index (AMEX). It was launched on Mar 3, 2005. Both PBUS and PWV 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: PBUS or PWV.
Correlation
The correlation between PBUS and PWV is 0.65, 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
PBUS vs. PWV - Performance Comparison
Key characteristics
PBUS:
2.20
PWV:
1.74
PBUS:
2.90
PWV:
2.52
PBUS:
1.40
PWV:
1.31
PBUS:
3.38
PWV:
2.38
PBUS:
13.85
PWV:
7.14
PBUS:
2.07%
PWV:
2.92%
PBUS:
13.01%
PWV:
11.95%
PBUS:
-33.15%
PWV:
-49.04%
PBUS:
-1.57%
PWV:
-3.57%
Returns By Period
In the year-to-date period, PBUS achieves a 2.11% return, which is significantly lower than PWV's 4.11% return.
PBUS
2.11%
1.22%
9.02%
26.01%
14.35%
N/A
PWV
4.11%
4.38%
4.83%
19.29%
9.90%
9.12%
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PBUS vs. PWV - Expense Ratio Comparison
PBUS has a 0.04% expense ratio, which is lower than PWV's 0.58% expense ratio.
Risk-Adjusted Performance
PBUS vs. PWV — Risk-Adjusted Performance Rank
PBUS
PWV
PBUS vs. PWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco PureBeta MSCI USA ETF (PBUS) and Invesco Dynamic Large Cap Value ETF (PWV). 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
PBUS vs. PWV - Dividend Comparison
PBUS's dividend yield for the trailing twelve months is around 1.17%, less than PWV's 1.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBUS Invesco PureBeta MSCI USA ETF | 1.17% | 1.20% | 1.36% | 1.71% | 0.97% | 1.35% | 1.53% | 2.33% | 0.50% | 0.00% | 0.00% | 0.00% |
PWV Invesco Dynamic Large Cap Value ETF | 1.99% | 2.08% | 2.16% | 2.29% | 1.89% | 2.66% | 2.24% | 2.34% | 1.55% | 2.35% | 2.42% | 1.93% |
Drawdowns
PBUS vs. PWV - Drawdown Comparison
The maximum PBUS drawdown since its inception was -33.15%, smaller than the maximum PWV drawdown of -49.04%. Use the drawdown chart below to compare losses from any high point for PBUS and PWV. For additional features, visit the drawdowns tool.
Volatility
PBUS vs. PWV - Volatility Comparison
Invesco PureBeta MSCI USA ETF (PBUS) has a higher volatility of 5.16% compared to Invesco Dynamic Large Cap Value ETF (PWV) at 3.97%. This indicates that PBUS's price experiences larger fluctuations and is considered to be riskier than PWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.