PEZ vs. VCR
Compare and contrast key facts about Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) and Vanguard Consumer Discretionary ETF (VCR).
PEZ and VCR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PEZ is a passively managed fund by Invesco that tracks the performance of the DWA Consumer Cyclicals Technical Leaders Index. It was launched on Oct 12, 2006. VCR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index. It was launched on Jan 26, 2004. Both PEZ and VCR 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: PEZ or VCR.
Key characteristics
| PEZ | VCR | |
|---|---|---|
| YTD Return | 12.53% | 0.93% |
| 1Y Return | 38.91% | 26.57% |
| 3Y Return (Ann) | 1.97% | 0.60% |
| 5Y Return (Ann) | 10.70% | 12.33% |
| 10Y Return (Ann) | 9.37% | 12.96% |
| Sharpe Ratio | 1.65 | 1.44 |
| Daily Std Dev | 22.15% | 17.71% |
| Max Drawdown | -58.39% | -61.54% |
| Current Drawdown | -8.22% | -11.82% |
Correlation
The correlation between PEZ and VCR 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.
Performance
PEZ vs. VCR - Performance Comparison
In the year-to-date period, PEZ achieves a 12.53% return, which is significantly higher than VCR's 0.93% return. Over the past 10 years, PEZ has underperformed VCR with an annualized return of 9.37%, while VCR has yielded a comparatively higher 12.96% 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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PEZ vs. VCR - Expense Ratio Comparison
PEZ has a 0.60% expense ratio, which is higher than VCR's 0.10% expense ratio.
Risk-Adjusted Performance
PEZ vs. VCR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) and Vanguard Consumer Discretionary ETF (VCR). 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
PEZ vs. VCR - Dividend Comparison
PEZ's dividend yield for the trailing twelve months is around 0.42%, less than VCR's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | 0.42% | 0.60% | 0.41% | 0.22% | 0.39% | 0.01% | 0.40% | 0.42% | 0.83% | 0.64% | 0.15% | 0.46% |
VCR Vanguard Consumer Discretionary ETF | 0.81% | 0.84% | 0.98% | 0.79% | 1.71% | 1.17% | 1.37% | 1.21% | 1.60% | 1.32% | 1.23% | 0.84% |
Drawdowns
PEZ vs. VCR - Drawdown Comparison
The maximum PEZ drawdown since its inception was -58.39%, smaller than the maximum VCR drawdown of -61.54%. Use the drawdown chart below to compare losses from any high point for PEZ and VCR. For additional features, visit the drawdowns tool.
Volatility
PEZ vs. VCR - Volatility Comparison
Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) has a higher volatility of 6.65% compared to Vanguard Consumer Discretionary ETF (VCR) at 5.44%. This indicates that PEZ's price experiences larger fluctuations and is considered to be riskier than VCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.