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.
Performance
PBUS vs. PWV - Performance Comparison
Returns By Period
In the year-to-date period, PBUS achieves a 24.97% return, which is significantly higher than PWV's 20.74% return.
PBUS
24.97%
0.89%
11.98%
32.85%
15.58%
N/A
PWV
20.74%
1.01%
8.66%
29.29%
11.06%
9.22%
Key characteristics
| PBUS | PWV | |
|---|---|---|
| Sharpe Ratio | 2.69 | 2.59 |
| Sortino Ratio | 3.58 | 3.71 |
| Omega Ratio | 1.50 | 1.47 |
| Calmar Ratio | 3.91 | 4.86 |
| Martin Ratio | 17.53 | 14.87 |
| Ulcer Index | 1.89% | 2.03% |
| Daily Std Dev | 12.36% | 11.67% |
| Max Drawdown | -33.16% | -49.04% |
| Current Drawdown | -1.81% | -0.54% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PBUS vs. PWV - Expense Ratio Comparison
PBUS has a 0.04% expense ratio, which is lower than PWV's 0.58% expense ratio.
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.
Risk-Adjusted Performance
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 1.19%, less than PWV's 1.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBUS Invesco PureBeta MSCI USA ETF | 1.19% | 1.36% | 1.71% | 0.97% | 1.35% | 1.53% | 2.33% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
PWV Invesco Dynamic Large Cap Value ETF | 1.92% | 2.16% | 2.29% | 1.89% | 2.66% | 2.24% | 2.34% | 1.55% | 2.35% | 2.42% | 1.93% | 1.82% |
Drawdowns
PBUS vs. PWV - Drawdown Comparison
The maximum PBUS drawdown since its inception was -33.16%, 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
The current volatility for Invesco PureBeta MSCI USA ETF (PBUS) is 4.17%, while Invesco Dynamic Large Cap Value ETF (PWV) has a volatility of 4.46%. This indicates that PBUS experiences smaller price fluctuations and is considered to be less risky than PWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.