PHO vs. VDC
Compare and contrast key facts about Invesco Water Resources ETF (PHO) and Vanguard Consumer Staples ETF (VDC).
PHO and VDC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHO is a passively managed fund by Invesco that tracks the performance of the NASDAQ OMX US Water Index. It was launched on Dec 6, 2005. VDC is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Consumer Staples 25/50 Index. It was launched on Jan 26, 2004. Both PHO and VDC 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: PHO or VDC.
Key characteristics
| PHO | VDC | |
|---|---|---|
| YTD Return | 12.43% | 9.18% |
| 1Y Return | 17.66% | 6.09% |
| 3Y Return (Ann) | 7.53% | 6.20% |
| 5Y Return (Ann) | 14.13% | 8.70% |
| 10Y Return (Ann) | 10.79% | 8.78% |
| Sharpe Ratio | 1.17 | 0.61 |
| Daily Std Dev | 15.23% | 10.50% |
| Max Drawdown | -55.62% | -34.24% |
| Current Drawdown | -1.43% | -1.23% |
Correlation
The correlation between PHO and VDC is 0.64, 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.
Performance
PHO vs. VDC - Performance Comparison
In the year-to-date period, PHO achieves a 12.43% return, which is significantly higher than VDC's 9.18% return. Over the past 10 years, PHO has outperformed VDC with an annualized return of 10.79%, while VDC has yielded a comparatively lower 8.78% 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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PHO vs. VDC - Expense Ratio Comparison
PHO has a 0.60% expense ratio, which is higher than VDC's 0.10% expense ratio.
Risk-Adjusted Performance
PHO vs. VDC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Water Resources ETF (PHO) and Vanguard Consumer Staples ETF (VDC). 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
PHO vs. VDC - Dividend Comparison
PHO's dividend yield for the trailing twelve months is around 0.47%, less than VDC's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHO Invesco Water Resources ETF | 0.47% | 0.59% | 0.49% | 0.20% | 0.39% | 0.43% | 0.46% | 0.34% | 0.47% | 0.75% | 0.59% | 0.49% |
VDC Vanguard Consumer Staples ETF | 2.53% | 2.65% | 2.37% | 2.14% | 2.50% | 2.44% | 2.78% | 2.52% | 2.39% | 2.55% | 1.93% | 2.21% |
Drawdowns
PHO vs. VDC - Drawdown Comparison
The maximum PHO drawdown since its inception was -55.62%, which is greater than VDC's maximum drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for PHO and VDC. For additional features, visit the drawdowns tool.
Volatility
PHO vs. VDC - Volatility Comparison
Invesco Water Resources ETF (PHO) has a higher volatility of 5.61% compared to Vanguard Consumer Staples ETF (VDC) at 2.53%. This indicates that PHO's price experiences larger fluctuations and is considered to be riskier than VDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.