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PEY vs. DVY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


PEYDVY
YTD Return-3.42%4.29%
1Y Return10.73%12.75%
3Y Return (Ann)2.95%3.94%
5Y Return (Ann)6.65%7.65%
10Y Return (Ann)9.42%8.79%
Sharpe Ratio0.540.80
Daily Std Dev17.24%13.71%
Max Drawdown-72.82%-62.59%
Current Drawdown-4.55%-1.57%

Correlation

-0.50.00.51.00.9

The correlation between PEY and DVY is 0.93, 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

PEY vs. DVY - Performance Comparison

In the year-to-date period, PEY achieves a -3.42% return, which is significantly lower than DVY's 4.29% return. Over the past 10 years, PEY has outperformed DVY with an annualized return of 9.42%, while DVY has yielded a comparatively lower 8.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%250.00%300.00%December2024FebruaryMarchAprilMay
206.28%
305.62%
PEY
DVY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Invesco High Yield Equity Dividend Achievers™ ETF

iShares Select Dividend ETF

PEY vs. DVY - Expense Ratio Comparison

PEY has a 0.53% expense ratio, which is higher than DVY's 0.39% expense ratio.


PEY
Invesco High Yield Equity Dividend Achievers™ ETF
Expense ratio chart for PEY: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for DVY: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

PEY vs. DVY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Equity Dividend Achievers™ ETF (PEY) and iShares Select Dividend ETF (DVY). 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.


PEY
Sharpe ratio
The chart of Sharpe ratio for PEY, currently valued at 0.54, compared to the broader market0.002.004.000.54
Sortino ratio
The chart of Sortino ratio for PEY, currently valued at 0.92, compared to the broader market-2.000.002.004.006.008.000.92
Omega ratio
The chart of Omega ratio for PEY, currently valued at 1.10, compared to the broader market0.501.001.502.002.501.10
Calmar ratio
The chart of Calmar ratio for PEY, currently valued at 0.62, compared to the broader market0.002.004.006.008.0010.0012.0014.000.62
Martin ratio
The chart of Martin ratio for PEY, currently valued at 1.77, compared to the broader market0.0020.0040.0060.0080.001.77
DVY
Sharpe ratio
The chart of Sharpe ratio for DVY, currently valued at 0.80, compared to the broader market0.002.004.000.80
Sortino ratio
The chart of Sortino ratio for DVY, currently valued at 1.23, compared to the broader market-2.000.002.004.006.008.001.23
Omega ratio
The chart of Omega ratio for DVY, currently valued at 1.14, compared to the broader market0.501.001.502.002.501.14
Calmar ratio
The chart of Calmar ratio for DVY, currently valued at 0.63, compared to the broader market0.002.004.006.008.0010.0012.0014.000.63
Martin ratio
The chart of Martin ratio for DVY, currently valued at 2.53, compared to the broader market0.0020.0040.0060.0080.002.53

PEY vs. DVY - Sharpe Ratio Comparison

The current PEY Sharpe Ratio is 0.54, which is lower than the DVY Sharpe Ratio of 0.80. The chart below compares the 12-month rolling Sharpe Ratio of PEY and DVY.


Rolling 12-month Sharpe Ratio-0.500.000.501.00December2024FebruaryMarchAprilMay
0.54
0.80
PEY
DVY

Dividends

PEY vs. DVY - Dividend Comparison

PEY's dividend yield for the trailing twelve months is around 4.99%, more than DVY's 3.69% yield.


TTM20232022202120202019201820172016201520142013
PEY
Invesco High Yield Equity Dividend Achievers™ ETF
4.99%4.58%4.22%3.83%4.30%3.78%4.33%3.21%3.12%3.44%3.24%3.28%
DVY
iShares Select Dividend ETF
3.69%3.82%3.43%3.12%3.66%3.41%3.58%3.00%3.04%3.45%3.03%3.06%

Drawdowns

PEY vs. DVY - Drawdown Comparison

The maximum PEY drawdown since its inception was -72.82%, which is greater than DVY's maximum drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for PEY and DVY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-4.55%
-1.57%
PEY
DVY

Volatility

PEY vs. DVY - Volatility Comparison

Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a higher volatility of 4.64% compared to iShares Select Dividend ETF (DVY) at 4.11%. This indicates that PEY's price experiences larger fluctuations and is considered to be riskier than DVY 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%December2024FebruaryMarchAprilMay
4.64%
4.11%
PEY
DVY