PFIG vs. BPH

Last updated Jun 24, 2026

PFIG (Invesco Fundamental Investment Grade Corporate Bond ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - PFIG is a Corporate Bonds fund tracking the RAFI Bonds US Investment Grade 1-10 Index, while BPH is a Energy Equities fund actively managed by Precidian. PFIG is passively managed, while BPH is actively managed. At a correlation of -0.37, they often move in opposite directions. PFIG charges 0.22%/yr vs 0.19%/yr for BPH.

Performance

PFIG vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFIG

• 1D: 0.09%
• 1M: 0.33%
• YTD: 0.31%
• 6M: 0.46%
• 1Y: 4.07%
• 3Y*: 5.33%
• 5Y*: 1.34%
• 10Y*: 2.42%

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PFIG vs. BPH - Yearly Performance Comparison

	2026 (YTD)
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF	0.33%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between PFIG and BPH is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.37

Return for Risk

PFIG vs. BPH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFIG

PFIG Risk / Return Rank: 42
PFIG Sharpe Ratio Rank: 41
PFIG Sortino Ratio Rank: 42
PFIG Omega Ratio Rank: 38
PFIG Calmar Ratio Rank: 45
PFIG Martin Ratio Rank: 43

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFIG vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) and BP p.l.c. ADRhedged ETF (BPH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PFIG	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.34	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.10	—	—
Martin ratio: Return relative to average drawdown	6.56	—	—

Drawdowns

PFIG vs. BPH - Drawdown Comparison

The maximum PFIG drawdown since its inception was -15.58%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for PFIG and BPH.

Drawdown Indicators

	PFIG	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-15.58%	-9.43%	-6.15%
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.58%	—	—
Current Drawdown Current decline from peak	-0.85%	-8.71%	+7.86%
Average Drawdown Average peak-to-trough decline	-2.46%	-3.18%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	—	—

Volatility

Volatility by Period

	PFIG	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.06%	24.10%	-21.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.92%	24.10%	-19.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.21%	24.10%	-18.89%

PFIG vs. BPH - Expense Ratio Comparison

PFIG has a 0.22% expense ratio, which is higher than BPH's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PFIG vs. BPH - Dividend Comparison

PFIG's dividend yield for the trailing twelve months is around 4.42%, more than BPH's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF	4.42%	4.15%	4.12%	3.54%	2.58%	3.34%	2.81%	2.92%	2.88%	2.54%	2.58%	2.57%

Frequently Asked Questions

Can I hold both PFIG and BPH in my portfolio?

PFIG and BPH have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFIG or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFIG or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.22% for PFIG.

Which ETF pays a higher dividend yield, PFIG or BPH?

PFIG has the higher dividend yield at 4.42%, compared with 0.53% for BPH.

What is the main difference between PFIG and BPH?

PFIG is categorized as Corporate Bonds, while BPH is Energy Equities. They also come from different issuers: Invesco and Precidian. Their fees differ too: 0.22% for PFIG and 0.19% for BPH.