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

Key characteristics


PHOXSD
YTD Return4.41%-2.44%
1Y Return21.20%12.07%
3Y Return (Ann)7.54%5.70%
5Y Return (Ann)13.69%20.82%
10Y Return (Ann)9.73%21.30%
Sharpe Ratio1.480.43
Daily Std Dev14.70%30.25%
Max Drawdown-55.62%-64.56%
Current Drawdown-4.64%-11.16%

Correlation

-0.50.00.51.00.7

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.

Performance

PHO vs. XSD - Performance Comparison

In the year-to-date period, PHO achieves a 4.41% return, which is significantly higher than XSD's -2.44% return. Over the past 10 years, PHO has underperformed XSD with an annualized return of 9.73%, while XSD has yielded a comparatively higher 21.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
22.93%
17.90%
PHO
XSD

Compare stocks, funds, or ETFs

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


Invesco Water Resources ETF

SPDR S&P Semiconductor ETF

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
0.50%1.00%1.50%2.00%0.60%
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.


PHO
Sharpe ratio
The chart of Sharpe ratio for PHO, currently valued at 1.48, compared to the broader market-1.000.001.002.003.004.005.001.48
Sortino ratio
The chart of Sortino ratio for PHO, currently valued at 2.12, compared to the broader market-2.000.002.004.006.008.002.12
Omega ratio
The chart of Omega ratio for PHO, currently valued at 1.26, compared to the broader market1.001.502.002.501.26
Calmar ratio
The chart of Calmar ratio for PHO, currently valued at 1.25, compared to the broader market0.002.004.006.008.0010.0012.001.25
Martin ratio
The chart of Martin ratio for PHO, currently valued at 4.69, compared to the broader market0.0020.0040.0060.0080.004.69
XSD
Sharpe ratio
The chart of Sharpe ratio for XSD, currently valued at 0.43, compared to the broader market-1.000.001.002.003.004.005.000.43
Sortino ratio
The chart of Sortino ratio for XSD, currently valued at 0.82, compared to the broader market-2.000.002.004.006.008.000.82
Omega ratio
The chart of Omega ratio for XSD, currently valued at 1.09, compared to the broader market1.001.502.002.501.09
Calmar ratio
The chart of Calmar ratio for XSD, currently valued at 0.40, compared to the broader market0.002.004.006.008.0010.0012.000.40
Martin ratio
The chart of Martin ratio for XSD, currently valued at 1.21, compared to the broader market0.0020.0040.0060.0080.001.21

PHO vs. XSD - Sharpe Ratio Comparison

The current PHO Sharpe Ratio is 1.48, which is higher than the XSD Sharpe Ratio of 0.43. The chart below compares the 12-month rolling Sharpe Ratio of PHO and XSD.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2024FebruaryMarchApril
1.48
0.43
PHO
XSD

Dividends

PHO vs. XSD - Dividend Comparison

PHO's dividend yield for the trailing twelve months is around 0.54%, more than XSD's 0.26% yield.


TTM20232022202120202019201820172016201520142013
PHO
Invesco Water Resources ETF
0.54%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
0.26%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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-4.64%
-11.16%
PHO
XSD

Volatility

PHO vs. XSD - Volatility Comparison

The current volatility for Invesco Water Resources ETF (PHO) is 3.98%, while SPDR S&P Semiconductor ETF (XSD) has a volatility of 8.70%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2024FebruaryMarchApril
3.98%
8.70%
PHO
XSD