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PID vs. DIM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PID and DIM is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

PID vs. DIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Dividend Achievers™ ETF (PID) and WisdomTree International MidCap Dividend Fund (DIM). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
4.29%
-0.06%
PID
DIM

Key characteristics

Sharpe Ratio

PID:

0.24

DIM:

0.30

Sortino Ratio

PID:

0.41

DIM:

0.50

Omega Ratio

PID:

1.05

DIM:

1.06

Calmar Ratio

PID:

0.32

DIM:

0.41

Martin Ratio

PID:

1.05

DIM:

1.20

Ulcer Index

PID:

2.74%

DIM:

3.21%

Daily Std Dev

PID:

11.87%

DIM:

12.88%

Max Drawdown

PID:

-66.34%

DIM:

-61.45%

Current Drawdown

PID:

-8.91%

DIM:

-9.49%

Returns By Period

In the year-to-date period, PID achieves a 1.88% return, which is significantly lower than DIM's 2.23% return. Both investments have delivered pretty close results over the past 10 years, with PID having a 4.02% annualized return and DIM not far ahead at 4.06%.


PID

YTD

1.88%

1M

-4.36%

6M

4.29%

1Y

4.36%

5Y*

4.99%

10Y*

4.02%

DIM

YTD

2.23%

1M

-2.72%

6M

-0.06%

1Y

4.69%

5Y*

2.08%

10Y*

4.06%

Compare stocks, funds, or ETFs

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


PID vs. DIM - Expense Ratio Comparison

PID has a 0.56% expense ratio, which is lower than DIM's 0.58% expense ratio.


DIM
WisdomTree International MidCap Dividend Fund
Expense ratio chart for DIM: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for PID: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%

Risk-Adjusted Performance

PID vs. DIM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Dividend Achievers™ ETF (PID) and WisdomTree International MidCap Dividend Fund (DIM). 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 PID, currently valued at 0.24, compared to the broader market0.002.004.000.240.30
The chart of Sortino ratio for PID, currently valued at 0.41, compared to the broader market-2.000.002.004.006.008.0010.000.410.50
The chart of Omega ratio for PID, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.06
The chart of Calmar ratio for PID, currently valued at 0.32, compared to the broader market0.005.0010.0015.000.320.41
The chart of Martin ratio for PID, currently valued at 1.05, compared to the broader market0.0020.0040.0060.0080.00100.001.051.20
PID
DIM

The current PID Sharpe Ratio is 0.24, which is comparable to the DIM Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of PID and DIM, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.24
0.30
PID
DIM

Dividends

PID vs. DIM - Dividend Comparison

PID's dividend yield for the trailing twelve months is around 3.39%, less than DIM's 3.69% yield.


TTM20232022202120202019201820172016201520142013
PID
Invesco International Dividend Achievers™ ETF
3.39%3.31%3.29%3.29%3.17%4.00%3.86%3.46%3.91%4.48%3.92%2.17%
DIM
WisdomTree International MidCap Dividend Fund
3.69%4.62%3.96%3.65%2.53%3.26%3.28%2.57%2.94%2.81%3.46%3.10%

Drawdowns

PID vs. DIM - Drawdown Comparison

The maximum PID drawdown since its inception was -66.34%, which is greater than DIM's maximum drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for PID and DIM. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.91%
-9.49%
PID
DIM

Volatility

PID vs. DIM - Volatility Comparison

Invesco International Dividend Achievers™ ETF (PID) has a higher volatility of 3.66% compared to WisdomTree International MidCap Dividend Fund (DIM) at 3.39%. This indicates that PID's price experiences larger fluctuations and is considered to be riskier than DIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.66%
3.39%
PID
DIM
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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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