PEJ vs. BEDZ
Compare and contrast key facts about Invesco Dynamic Leisure & Entertainment ETF (PEJ) and AdvisorShares Hotel ETF (BEDZ).
PEJ and BEDZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BEDZ is an actively managed fund by AdvisorShares. It was launched on Apr 21, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEJ or BEDZ.
Key characteristics
| PEJ | BEDZ | |
|---|---|---|
| YTD Return | 25.60% | 17.98% |
| 1Y Return | 42.07% | 33.55% |
| 3Y Return (Ann) | 0.53% | 7.24% |
| Sharpe Ratio | 2.29 | 1.82 |
| Sortino Ratio | 3.17 | 2.51 |
| Omega Ratio | 1.40 | 1.32 |
| Calmar Ratio | 1.29 | 2.15 |
| Martin Ratio | 13.92 | 6.19 |
| Ulcer Index | 2.91% | 5.10% |
| Daily Std Dev | 17.73% | 17.35% |
| Max Drawdown | -66.03% | -29.70% |
| Current Drawdown | -2.67% | 0.00% |
Correlation
The correlation between PEJ and BEDZ is 0.87, 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.
Performance
PEJ vs. BEDZ - Performance Comparison
In the year-to-date period, PEJ achieves a 25.60% return, which is significantly higher than BEDZ's 17.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PEJ vs. BEDZ - Expense Ratio Comparison
PEJ has a 0.55% expense ratio, which is lower than BEDZ's 0.79% expense ratio.
Risk-Adjusted Performance
PEJ vs. BEDZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Leisure & Entertainment ETF (PEJ) and AdvisorShares Hotel ETF (BEDZ). 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. BEDZ - Dividend Comparison
PEJ's dividend yield for the trailing twelve months is around 0.40%, less than BEDZ's 1.41% yield.
| 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% |
BEDZ AdvisorShares Hotel ETF | 1.41% | 1.67% | 0.21% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PEJ vs. BEDZ - Drawdown Comparison
The maximum PEJ drawdown since its inception was -66.03%, which is greater than BEDZ's maximum drawdown of -29.70%. Use the drawdown chart below to compare losses from any high point for PEJ and BEDZ. For additional features, visit the drawdowns tool.
Volatility
PEJ vs. BEDZ - Volatility Comparison
The current volatility for Invesco Dynamic Leisure & Entertainment ETF (PEJ) is 5.12%, while AdvisorShares Hotel ETF (BEDZ) has a volatility of 5.42%. This indicates that PEJ experiences smaller price fluctuations and is considered to be less risky than BEDZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.