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PDP vs. XLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PDP and XLG is 0.83, 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.


-0.50.00.51.00.8

Performance

PDP vs. XLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Momentum ETF (PDP) and Invesco S&P 500® Top 50 ETF (XLG). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember2025
10.04%
5.15%
PDP
XLG

Key characteristics

Sharpe Ratio

PDP:

1.71

XLG:

2.24

Sortino Ratio

PDP:

2.33

XLG:

2.92

Omega Ratio

PDP:

1.29

XLG:

1.41

Calmar Ratio

PDP:

1.86

XLG:

3.03

Martin Ratio

PDP:

9.15

XLG:

12.34

Ulcer Index

PDP:

3.28%

XLG:

2.78%

Daily Std Dev

PDP:

17.57%

XLG:

15.27%

Max Drawdown

PDP:

-59.34%

XLG:

-52.39%

Current Drawdown

PDP:

-7.08%

XLG:

-2.63%

Returns By Period

In the year-to-date period, PDP achieves a 1.38% return, which is significantly higher than XLG's 0.60% return. Over the past 10 years, PDP has underperformed XLG with an annualized return of 10.64%, while XLG has yielded a comparatively higher 15.36% annualized return.


PDP

YTD

1.38%

1M

-4.43%

6M

10.04%

1Y

30.20%

5Y*

11.04%

10Y*

10.64%

XLG

YTD

0.60%

1M

-0.87%

6M

5.15%

1Y

34.05%

5Y*

17.58%

10Y*

15.36%

*Annualized

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PDP vs. XLG - Expense Ratio Comparison

PDP has a 0.62% expense ratio, which is higher than XLG's 0.20% expense ratio.


Expense ratio chart for PDP: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%
Expense ratio chart for XLG: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

PDP vs. XLG — Risk-Adjusted Performance Rank

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

PDP
The Risk-Adjusted Performance Rank of PDP is 7070
Overall Rank
The Sharpe Ratio Rank of PDP is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of PDP is 7171
Sortino Ratio Rank
The Omega Ratio Rank of PDP is 7070
Omega Ratio Rank
The Calmar Ratio Rank of PDP is 6565
Calmar Ratio Rank
The Martin Ratio Rank of PDP is 7272
Martin Ratio Rank

XLG
The Risk-Adjusted Performance Rank of XLG is 8484
Overall Rank
The Sharpe Ratio Rank of XLG is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of XLG is 8484
Sortino Ratio Rank
The Omega Ratio Rank of XLG is 8585
Omega Ratio Rank
The Calmar Ratio Rank of XLG is 8282
Calmar Ratio Rank
The Martin Ratio Rank of XLG is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PDP vs. XLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Momentum ETF (PDP) 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.


The chart of Sharpe ratio for PDP, currently valued at 1.71, compared to the broader market0.002.004.001.712.24
The chart of Sortino ratio for PDP, currently valued at 2.33, compared to the broader market-2.000.002.004.006.008.0010.002.332.92
The chart of Omega ratio for PDP, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.41
The chart of Calmar ratio for PDP, currently valued at 1.86, compared to the broader market0.005.0010.0015.001.863.03
The chart of Martin ratio for PDP, currently valued at 9.15, compared to the broader market0.0020.0040.0060.0080.00100.009.1512.34
PDP
XLG

The current PDP Sharpe Ratio is 1.71, which is comparable to the XLG Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of PDP and XLG, 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 Ratio1.001.502.002.503.00AugustSeptemberOctoberNovemberDecember2025
1.71
2.24
PDP
XLG

Dividends

PDP vs. XLG - Dividend Comparison

PDP's dividend yield for the trailing twelve months is around 0.15%, less than XLG's 0.72% yield.


TTM20242023202220212020201920182017201620152014
PDP
Invesco DWA Momentum ETF
0.15%0.15%0.42%0.45%0.00%0.11%0.25%0.18%0.28%0.81%0.39%0.15%
XLG
Invesco S&P 500® Top 50 ETF
0.72%0.72%0.97%1.34%0.94%1.25%1.58%2.00%1.85%2.00%2.09%1.97%

Drawdowns

PDP vs. XLG - Drawdown Comparison

The maximum PDP drawdown since its inception was -59.34%, which is greater than XLG's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for PDP and XLG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-7.08%
-2.63%
PDP
XLG

Volatility

PDP vs. XLG - Volatility Comparison

Invesco DWA Momentum ETF (PDP) has a higher volatility of 6.43% compared to Invesco S&P 500® Top 50 ETF (XLG) at 5.08%. This indicates that PDP's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
6.43%
5.08%
PDP
XLG