PEJ vs. CHIQ
Compare and contrast key facts about Invesco Dynamic Leisure & Entertainment ETF (PEJ) and Global X MSCI China Consumer Discretionary ETF (CHIQ).
PEJ and CHIQ 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. CHIQ is a passively managed fund by Global X that tracks the performance of the MSCI China Consumer Discretionary 10/50 Index. It was launched on Nov 30, 2009. Both PEJ and CHIQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEJ or CHIQ.
Key characteristics
| PEJ | CHIQ | |
|---|---|---|
| YTD Return | 26.54% | 15.06% |
| 1Y Return | 41.41% | 15.01% |
| 3Y Return (Ann) | 1.69% | -12.31% |
| 5Y Return (Ann) | 4.92% | 3.48% |
| 10Y Return (Ann) | 5.08% | 5.46% |
| Sharpe Ratio | 2.32 | 0.44 |
| Sortino Ratio | 3.22 | 0.89 |
| Omega Ratio | 1.40 | 1.11 |
| Calmar Ratio | 1.34 | 0.24 |
| Martin Ratio | 14.11 | 1.35 |
| Ulcer Index | 2.91% | 11.72% |
| Daily Std Dev | 17.69% | 36.12% |
| Max Drawdown | -66.03% | -67.04% |
| Current Drawdown | -1.94% | -52.05% |
Correlation
The correlation between PEJ and CHIQ is 0.49, 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. CHIQ - Performance Comparison
In the year-to-date period, PEJ achieves a 26.54% return, which is significantly higher than CHIQ's 15.06% return. Over the past 10 years, PEJ has underperformed CHIQ with an annualized return of 5.08%, while CHIQ has yielded a comparatively higher 5.46% annualized 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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PEJ vs. CHIQ - Expense Ratio Comparison
PEJ has a 0.55% expense ratio, which is lower than CHIQ's 0.65% expense ratio.
Risk-Adjusted Performance
PEJ vs. CHIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Leisure & Entertainment ETF (PEJ) and Global X MSCI China Consumer Discretionary ETF (CHIQ). 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. CHIQ - Dividend Comparison
PEJ's dividend yield for the trailing twelve months is around 0.40%, less than CHIQ's 2.47% 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% |
CHIQ Global X MSCI China Consumer Discretionary ETF | 2.47% | 2.26% | 0.38% | 0.00% | 0.11% | 1.04% | 2.71% | 0.62% | 1.51% | 4.86% | 2.08% | 0.94% |
Drawdowns
PEJ vs. CHIQ - Drawdown Comparison
The maximum PEJ drawdown since its inception was -66.03%, roughly equal to the maximum CHIQ drawdown of -67.04%. Use the drawdown chart below to compare losses from any high point for PEJ and CHIQ. For additional features, visit the drawdowns tool.
Volatility
PEJ vs. CHIQ - Volatility Comparison
The current volatility for Invesco Dynamic Leisure & Entertainment ETF (PEJ) is 5.22%, while Global X MSCI China Consumer Discretionary ETF (CHIQ) has a volatility of 13.10%. This indicates that PEJ experiences smaller price fluctuations and is considered to be less risky than CHIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.