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PGJ vs. CNYA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PGJ and CNYA is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

PGJ vs. CNYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Golden Dragon China ETF (PGJ) and iShares MSCI China A ETF (CNYA). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
12.80%
32.07%
PGJ
CNYA

Key characteristics

Sharpe Ratio

PGJ:

0.43

CNYA:

0.24

Sortino Ratio

PGJ:

0.90

CNYA:

0.58

Omega Ratio

PGJ:

1.11

CNYA:

1.09

Calmar Ratio

PGJ:

0.22

CNYA:

0.17

Martin Ratio

PGJ:

1.15

CNYA:

0.44

Ulcer Index

PGJ:

14.29%

CNYA:

18.51%

Daily Std Dev

PGJ:

38.53%

CNYA:

33.91%

Max Drawdown

PGJ:

-78.37%

CNYA:

-49.48%

Current Drawdown

PGJ:

-65.18%

CNYA:

-38.83%

Returns By Period

In the year-to-date period, PGJ achieves a 3.80% return, which is significantly higher than CNYA's -2.33% return.


PGJ

YTD

3.80%

1M

-11.93%

6M

1.65%

1Y

11.56%

5Y*

-6.16%

10Y*

-0.83%

CNYA

YTD

-2.33%

1M

-3.85%

6M

-5.64%

1Y

5.91%

5Y*

1.24%

10Y*

N/A

*Annualized

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PGJ vs. CNYA - Expense Ratio Comparison

PGJ has a 0.70% expense ratio, which is higher than CNYA's 0.60% expense ratio.


Expense ratio chart for PGJ: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PGJ: 0.70%
Expense ratio chart for CNYA: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CNYA: 0.60%

Risk-Adjusted Performance

PGJ vs. CNYA — Risk-Adjusted Performance Rank

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

PGJ
The Risk-Adjusted Performance Rank of PGJ is 5252
Overall Rank
The Sharpe Ratio Rank of PGJ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of PGJ is 6363
Sortino Ratio Rank
The Omega Ratio Rank of PGJ is 5656
Omega Ratio Rank
The Calmar Ratio Rank of PGJ is 4242
Calmar Ratio Rank
The Martin Ratio Rank of PGJ is 4646
Martin Ratio Rank

CNYA
The Risk-Adjusted Performance Rank of CNYA is 4141
Overall Rank
The Sharpe Ratio Rank of CNYA is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of CNYA is 4646
Sortino Ratio Rank
The Omega Ratio Rank of CNYA is 5151
Omega Ratio Rank
The Calmar Ratio Rank of CNYA is 3737
Calmar Ratio Rank
The Martin Ratio Rank of CNYA is 3232
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PGJ vs. CNYA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Golden Dragon China ETF (PGJ) and iShares MSCI China A ETF (CNYA). 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.


The chart of Sharpe ratio for PGJ, currently valued at 0.43, compared to the broader market-1.000.001.002.003.004.00
PGJ: 0.43
CNYA: 0.24
The chart of Sortino ratio for PGJ, currently valued at 0.90, compared to the broader market-2.000.002.004.006.008.00
PGJ: 0.90
CNYA: 0.58
The chart of Omega ratio for PGJ, currently valued at 1.11, compared to the broader market0.501.001.502.002.50
PGJ: 1.11
CNYA: 1.09
The chart of Calmar ratio for PGJ, currently valued at 0.22, compared to the broader market0.002.004.006.008.0010.0012.00
PGJ: 0.22
CNYA: 0.17
The chart of Martin ratio for PGJ, currently valued at 1.15, compared to the broader market0.0020.0040.0060.00
PGJ: 1.15
CNYA: 0.44

The current PGJ Sharpe Ratio is 0.43, which is higher than the CNYA Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of PGJ and CNYA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.00NovemberDecember2025FebruaryMarchApril
0.43
0.24
PGJ
CNYA

Dividends

PGJ vs. CNYA - Dividend Comparison

PGJ's dividend yield for the trailing twelve months is around 4.81%, more than CNYA's 2.57% yield.


TTM20242023202220212020201920182017201620152014
PGJ
Invesco Golden Dragon China ETF
4.81%4.70%2.50%0.84%0.00%0.30%0.17%0.31%2.05%1.94%0.37%0.89%
CNYA
iShares MSCI China A ETF
2.57%2.51%4.23%2.69%1.11%1.06%1.21%3.92%0.97%1.38%0.00%0.00%

Drawdowns

PGJ vs. CNYA - Drawdown Comparison

The maximum PGJ drawdown since its inception was -78.37%, which is greater than CNYA's maximum drawdown of -49.48%. Use the drawdown chart below to compare losses from any high point for PGJ and CNYA. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%NovemberDecember2025FebruaryMarchApril
-65.18%
-38.83%
PGJ
CNYA

Volatility

PGJ vs. CNYA - Volatility Comparison

Invesco Golden Dragon China ETF (PGJ) has a higher volatility of 15.02% compared to iShares MSCI China A ETF (CNYA) at 10.73%. This indicates that PGJ's price experiences larger fluctuations and is considered to be riskier than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
15.02%
10.73%
PGJ
CNYA