PCHI vs. BPH

Last updated Jun 5, 2026

PCHI (Polen High Income ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - PCHI is a High Yield Bonds fund actively managed by Polen Capital, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. PCHI charges 0.56%/yr vs 0.19%/yr for BPH.

Performance

PCHI vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen High Income ETF (PCHI) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PCHI

• 1D: 0.39%
• 1M: -0.75%
• YTD: 0.19%
• 6M: 1.01%
• 1Y: 4.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 0.38%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PCHI vs. BPH - Yearly Performance Comparison

	2026 (YTD)
PCHI Polen High Income ETF	-1.05%
BPH BP p.l.c. ADRhedged ETF	3.22%

Correlation

The correlation between PCHI and BPH is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.11

Return for Risk

PCHI vs. BPH — Risk / Return Rank

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

PCHI

PCHI Risk / Return Rank: 29
PCHI Sharpe Ratio Rank: 26
PCHI Sortino Ratio Rank: 25
PCHI Omega Ratio Rank: 26
PCHI Calmar Ratio Rank: 36
PCHI Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCHI vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen High Income ETF (PCHI) and BP p.l.c. ADRhedged ETF (BPH). 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.

	PCHI	BPH	Difference
Sharpe ratio: Return per unit of total volatility	0.88	—	—
Sortino ratio: Return per unit of downside risk	1.28	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.74	—	—
Martin ratio: Return relative to average drawdown	4.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PCHI	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	9.79	-8.95

Drawdowns

PCHI vs. BPH - Drawdown Comparison

The maximum PCHI drawdown since its inception was -2.99%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for PCHI and BPH.

Drawdown Indicators

	PCHI	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-2.99%	-2.35%	-0.64%
Max Drawdown (1Y) Largest decline over 1 year	-2.44%	—	—
Current Drawdown Current decline from peak	-1.85%	0.00%	-1.85%
Average Drawdown Average peak-to-trough decline	-0.78%	-0.93%	+0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	—	—

Volatility

Volatility by Period

	PCHI	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.84%	23.51%	-18.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.28%	23.51%	-18.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.28%	23.51%	-18.23%

PCHI vs. BPH - Expense Ratio Comparison

PCHI has a 0.56% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

PCHI vs. BPH - Dividend Comparison

PCHI's dividend yield for the trailing twelve months is around 8.08%, while BPH has not paid dividends to shareholders.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%
PCHI Polen High Income ETF	8.08%	5.62%

Frequently Asked Questions

Can I hold both PCHI and BPH in my portfolio?

PCHI and BPH have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PCHI or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PCHI or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.56% for PCHI.

Which ETF pays a higher dividend yield, PCHI or BPH?

PCHI has the higher dividend yield at 8.08%, compared with 0.00% for BPH.

What is the main difference between PCHI and BPH?

PCHI is categorized as High Yield Bonds, while BPH is Oil & Gas. They also come from different issuers: Polen Capital and Precidian. Their fees differ too: 0.56% for PCHI and 0.19% for BPH.