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PHO vs. XSD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PHO and XSD is 0.66, 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.


-0.50.00.51.00.7

Performance

PHO vs. XSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Water Resources ETF (PHO) and SPDR S&P Semiconductor ETF (XSD). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
341.77%
935.87%
PHO
XSD

Key characteristics

Sharpe Ratio

PHO:

0.78

XSD:

0.42

Sortino Ratio

PHO:

1.17

XSD:

0.79

Omega Ratio

PHO:

1.14

XSD:

1.10

Calmar Ratio

PHO:

1.40

XSD:

0.55

Martin Ratio

PHO:

4.00

XSD:

1.44

Ulcer Index

PHO:

2.97%

XSD:

10.10%

Daily Std Dev

PHO:

15.23%

XSD:

34.43%

Max Drawdown

PHO:

-55.62%

XSD:

-64.56%

Current Drawdown

PHO:

-7.68%

XSD:

-9.25%

Returns By Period

In the year-to-date period, PHO achieves a 9.77% return, which is significantly lower than XSD's 10.71% return. Over the past 10 years, PHO has underperformed XSD with an annualized return of 10.48%, while XSD has yielded a comparatively higher 20.61% annualized return.


PHO

YTD

9.77%

1M

-4.16%

6M

1.31%

1Y

10.65%

5Y*

12.06%

10Y*

10.48%

XSD

YTD

10.71%

1M

4.65%

6M

0.27%

1Y

10.29%

5Y*

18.90%

10Y*

20.61%

Compare stocks, funds, or ETFs

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PHO vs. XSD - Expense Ratio Comparison

PHO has a 0.60% expense ratio, which is higher than XSD's 0.35% expense ratio.


PHO
Invesco Water Resources ETF
Expense ratio chart for PHO: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for XSD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

PHO vs. XSD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Water Resources ETF (PHO) and SPDR S&P Semiconductor ETF (XSD). 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 PHO, currently valued at 0.78, compared to the broader market0.002.004.000.780.42
The chart of Sortino ratio for PHO, currently valued at 1.17, compared to the broader market-2.000.002.004.006.008.0010.001.170.79
The chart of Omega ratio for PHO, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.10
The chart of Calmar ratio for PHO, currently valued at 1.40, compared to the broader market0.005.0010.0015.001.400.55
The chart of Martin ratio for PHO, currently valued at 4.00, compared to the broader market0.0020.0040.0060.0080.00100.004.001.44
PHO
XSD

The current PHO Sharpe Ratio is 0.78, which is higher than the XSD Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of PHO and XSD, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.78
0.42
PHO
XSD

Dividends

PHO vs. XSD - Dividend Comparison

PHO's dividend yield for the trailing twelve months is around 0.31%, more than XSD's 0.15% yield.


TTM20232022202120202019201820172016201520142013
PHO
Invesco Water Resources ETF
0.31%0.59%0.49%0.20%0.39%0.43%0.46%0.34%0.47%0.75%0.59%0.49%
XSD
SPDR S&P Semiconductor ETF
0.15%0.31%0.44%0.10%0.26%0.51%1.16%0.59%0.64%0.58%0.46%0.52%

Drawdowns

PHO vs. XSD - Drawdown Comparison

The maximum PHO drawdown since its inception was -55.62%, smaller than the maximum XSD drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for PHO and XSD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.68%
-9.25%
PHO
XSD

Volatility

PHO vs. XSD - Volatility Comparison

The current volatility for Invesco Water Resources ETF (PHO) is 5.04%, while SPDR S&P Semiconductor ETF (XSD) has a volatility of 9.60%. This indicates that PHO experiences smaller price fluctuations and is considered to be less risky than XSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
5.04%
9.60%
PHO
XSD
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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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