PBUS vs. XLG
Compare and contrast key facts about Invesco PureBeta MSCI USA ETF (PBUS) and Invesco S&P 500® Top 50 ETF (XLG).
PBUS and XLG 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. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. Both PBUS and XLG 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 XLG.
Performance
PBUS vs. XLG - Performance Comparison
Returns By Period
In the year-to-date period, PBUS achieves a 24.97% return, which is significantly lower than XLG's 30.11% return.
PBUS
24.97%
0.89%
11.98%
32.85%
15.58%
N/A
XLG
30.11%
0.83%
13.36%
35.37%
18.26%
14.84%
Key characteristics
| PBUS | XLG | |
|---|---|---|
| Sharpe Ratio | 2.69 | 2.39 |
| Sortino Ratio | 3.58 | 3.14 |
| Omega Ratio | 1.50 | 1.44 |
| Calmar Ratio | 3.91 | 3.11 |
| Martin Ratio | 17.53 | 12.93 |
| Ulcer Index | 1.89% | 2.73% |
| Daily Std Dev | 12.36% | 14.78% |
| Max Drawdown | -33.16% | -52.39% |
| Current Drawdown | -1.81% | -2.09% |
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PBUS vs. XLG - Expense Ratio Comparison
PBUS has a 0.04% expense ratio, which is lower than XLG's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between PBUS and XLG is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
PBUS vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco PureBeta MSCI USA ETF (PBUS) and Invesco S&P 500® Top 50 ETF (XLG). 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. XLG - Dividend Comparison
PBUS's dividend yield for the trailing twelve months is around 1.19%, more than XLG's 0.73% 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% |
XLG Invesco S&P 500® Top 50 ETF | 0.73% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
Drawdowns
PBUS vs. XLG - Drawdown Comparison
The maximum PBUS drawdown since its inception was -33.16%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for PBUS and XLG. For additional features, visit the drawdowns tool.
Volatility
PBUS vs. XLG - Volatility Comparison
The current volatility for Invesco PureBeta MSCI USA ETF (PBUS) is 4.17%, while Invesco S&P 500® Top 50 ETF (XLG) has a volatility of 4.94%. This indicates that PBUS experiences smaller price fluctuations and is considered to be less risky than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.