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PCEF vs. IEO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PCEF and IEO is 0.51, 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.


-0.50.00.51.00.5

Performance

PCEF vs. IEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco CEF Income Composite ETF (PCEF) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.00%
-12.32%
PCEF
IEO

Key characteristics

Sharpe Ratio

PCEF:

2.09

IEO:

-0.28

Sortino Ratio

PCEF:

2.76

IEO:

-0.25

Omega Ratio

PCEF:

1.40

IEO:

0.97

Calmar Ratio

PCEF:

1.48

IEO:

-0.26

Martin Ratio

PCEF:

12.36

IEO:

-0.53

Ulcer Index

PCEF:

1.39%

IEO:

11.14%

Daily Std Dev

PCEF:

8.24%

IEO:

20.88%

Max Drawdown

PCEF:

-38.64%

IEO:

-79.17%

Current Drawdown

PCEF:

-2.69%

IEO:

-21.29%

Returns By Period

In the year-to-date period, PCEF achieves a 16.88% return, which is significantly higher than IEO's -4.91% return. Over the past 10 years, PCEF has outperformed IEO with an annualized return of 6.06%, while IEO has yielded a comparatively lower 4.24% annualized return.


PCEF

YTD

16.88%

1M

-0.86%

6M

8.00%

1Y

17.07%

5Y*

4.79%

10Y*

6.06%

IEO

YTD

-4.91%

1M

-14.58%

6M

-12.33%

1Y

-6.07%

5Y*

12.91%

10Y*

4.24%

Compare stocks, funds, or ETFs

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


PCEF vs. IEO - Expense Ratio Comparison

PCEF has a 2.34% expense ratio, which is higher than IEO's 0.42% expense ratio.


PCEF
Invesco CEF Income Composite ETF
Expense ratio chart for PCEF: current value at 2.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.34%
Expense ratio chart for IEO: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

PCEF vs. IEO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco CEF Income Composite ETF (PCEF) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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 PCEF, currently valued at 2.09, compared to the broader market0.002.004.002.09-0.28
The chart of Sortino ratio for PCEF, currently valued at 2.76, compared to the broader market-2.000.002.004.006.008.0010.002.76-0.25
The chart of Omega ratio for PCEF, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.400.97
The chart of Calmar ratio for PCEF, currently valued at 1.48, compared to the broader market0.005.0010.0015.001.48-0.26
The chart of Martin ratio for PCEF, currently valued at 12.36, compared to the broader market0.0020.0040.0060.0080.00100.0012.36-0.53
PCEF
IEO

The current PCEF Sharpe Ratio is 2.09, which is higher than the IEO Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of PCEF and IEO, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.09
-0.28
PCEF
IEO

Dividends

PCEF vs. IEO - Dividend Comparison

PCEF's dividend yield for the trailing twelve months is around 8.78%, more than IEO's 2.72% yield.


TTM20232022202120202019201820172016201520142013
PCEF
Invesco CEF Income Composite ETF
8.78%9.85%8.93%6.67%7.55%7.12%8.21%6.96%7.12%9.18%8.03%8.13%
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
2.72%3.00%3.77%2.62%3.17%1.85%1.67%0.94%0.98%2.03%1.30%0.88%

Drawdowns

PCEF vs. IEO - Drawdown Comparison

The maximum PCEF drawdown since its inception was -38.64%, smaller than the maximum IEO drawdown of -79.17%. Use the drawdown chart below to compare losses from any high point for PCEF and IEO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.69%
-21.29%
PCEF
IEO

Volatility

PCEF vs. IEO - Volatility Comparison

The current volatility for Invesco CEF Income Composite ETF (PCEF) is 2.80%, while iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a volatility of 5.98%. This indicates that PCEF experiences smaller price fluctuations and is considered to be less risky than IEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.80%
5.98%
PCEF
IEO
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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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