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PHB vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PHB and FSPGX is 0.62, 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.


-0.50.00.51.00.6

Performance

PHB vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Fundamental High Yield® Corporate Bond ETF (PHB) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
2.99%
12.82%
PHB
FSPGX

Key characteristics

Sharpe Ratio

PHB:

1.22

FSPGX:

2.10

Sortino Ratio

PHB:

1.72

FSPGX:

2.71

Omega Ratio

PHB:

1.22

FSPGX:

1.38

Calmar Ratio

PHB:

2.35

FSPGX:

2.76

Martin Ratio

PHB:

7.54

FSPGX:

10.73

Ulcer Index

PHB:

0.69%

FSPGX:

3.38%

Daily Std Dev

PHB:

4.25%

FSPGX:

17.28%

Max Drawdown

PHB:

-44.79%

FSPGX:

-32.66%

Current Drawdown

PHB:

-1.63%

FSPGX:

-2.05%

Returns By Period

In the year-to-date period, PHB achieves a 5.30% return, which is significantly lower than FSPGX's 36.03% return.


PHB

YTD

5.30%

1M

-0.55%

6M

3.11%

1Y

5.30%

5Y*

3.10%

10Y*

4.00%

FSPGX

YTD

36.03%

1M

4.07%

6M

14.07%

1Y

36.19%

5Y*

19.53%

10Y*

N/A

Compare stocks, funds, or ETFs

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


PHB vs. FSPGX - Expense Ratio Comparison

PHB has a 0.50% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


PHB
Invesco Fundamental High Yield® Corporate Bond ETF
Expense ratio chart for PHB: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for FSPGX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

PHB vs. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Fundamental High Yield® Corporate Bond ETF (PHB) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


Sharpe ratio
The chart of Sharpe ratio for PHB, currently valued at 1.22, compared to the broader market0.002.004.001.222.10
The chart of Sortino ratio for PHB, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.001.722.71
The chart of Omega ratio for PHB, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.38
The chart of Calmar ratio for PHB, currently valued at 2.35, compared to the broader market0.005.0010.0015.002.352.76
The chart of Martin ratio for PHB, currently valued at 7.54, compared to the broader market0.0020.0040.0060.0080.00100.007.5410.73
PHB
FSPGX

The current PHB Sharpe Ratio is 1.22, which is lower than the FSPGX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PHB and FSPGX, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.22
2.10
PHB
FSPGX

Dividends

PHB vs. FSPGX - Dividend Comparison

PHB's dividend yield for the trailing twelve months is around 5.69%, more than FSPGX's 0.03% yield.


TTM20232022202120202019201820172016201520142013
PHB
Invesco Fundamental High Yield® Corporate Bond ETF
5.69%4.68%3.53%3.38%3.89%4.03%4.45%4.14%4.58%4.70%4.48%4.62%
FSPGX
Fidelity Large Cap Growth Index Fund
0.03%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%0.00%0.00%0.00%

Drawdowns

PHB vs. FSPGX - Drawdown Comparison

The maximum PHB drawdown since its inception was -44.79%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for PHB and FSPGX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.63%
-2.05%
PHB
FSPGX

Volatility

PHB vs. FSPGX - Volatility Comparison

The current volatility for Invesco Fundamental High Yield® Corporate Bond ETF (PHB) is 1.75%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.02%. This indicates that PHB experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
1.75%
5.02%
PHB
FSPGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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