PEJ vs. ABNB
Compare and contrast key facts about Invesco Dynamic Leisure & Entertainment ETF (PEJ) and Airbnb, Inc. (ABNB).
PEJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Leisure and Entertainment Intellidex Index. It was launched on Jun 23, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEJ or ABNB.
Key characteristics
| PEJ | ABNB | |
|---|---|---|
| YTD Return | 26.54% | -2.16% |
| 1Y Return | 41.41% | 11.79% |
| 3Y Return (Ann) | 1.69% | -13.65% |
| Sharpe Ratio | 2.32 | 0.37 |
| Sortino Ratio | 3.22 | 0.72 |
| Omega Ratio | 1.40 | 1.10 |
| Calmar Ratio | 1.34 | 0.27 |
| Martin Ratio | 14.11 | 0.84 |
| Ulcer Index | 2.91% | 15.22% |
| Daily Std Dev | 17.69% | 34.17% |
| Max Drawdown | -66.03% | -61.96% |
| Current Drawdown | -1.94% | -38.57% |
Correlation
The correlation between PEJ and ABNB is 0.64, 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.
Performance
PEJ vs. ABNB - Performance Comparison
In the year-to-date period, PEJ achieves a 26.54% return, which is significantly higher than ABNB's -2.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PEJ vs. ABNB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Leisure & Entertainment ETF (PEJ) and Airbnb, Inc. (ABNB). 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
PEJ vs. ABNB - Dividend Comparison
PEJ's dividend yield for the trailing twelve months is around 0.40%, while ABNB has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEJ Invesco Dynamic Leisure & Entertainment ETF | 0.40% | 0.46% | 0.43% | 0.34% | 0.92% | 0.39% | 0.78% | 0.68% | 0.68% | 0.52% | 0.51% | 0.43% |
ABNB Airbnb, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PEJ vs. ABNB - Drawdown Comparison
The maximum PEJ drawdown since its inception was -66.03%, which is greater than ABNB's maximum drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for PEJ and ABNB. For additional features, visit the drawdowns tool.
Volatility
PEJ vs. ABNB - Volatility Comparison
The current volatility for Invesco Dynamic Leisure & Entertainment ETF (PEJ) is 5.22%, while Airbnb, Inc. (ABNB) has a volatility of 12.28%. This indicates that PEJ experiences smaller price fluctuations and is considered to be less risky than ABNB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.