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

Correlation

The correlation between PID and DTH is 0.86, 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.


-0.50.00.51.00.9

Performance

PID vs. DTH - Performance Comparison

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

70.00%80.00%90.00%100.00%110.00%120.00%130.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
119.35%
76.04%
PID
DTH

Key characteristics

Sharpe Ratio

PID:

0.45

DTH:

0.23

Sortino Ratio

PID:

0.68

DTH:

0.38

Omega Ratio

PID:

1.08

DTH:

1.05

Calmar Ratio

PID:

0.59

DTH:

0.27

Martin Ratio

PID:

1.89

DTH:

0.76

Ulcer Index

PID:

2.79%

DTH:

3.72%

Daily Std Dev

PID:

11.81%

DTH:

12.56%

Max Drawdown

PID:

-66.34%

DTH:

-64.20%

Current Drawdown

PID:

-8.11%

DTH:

-10.21%

Returns By Period

In the year-to-date period, PID achieves a 2.78% return, which is significantly higher than DTH's 0.58% return. Over the past 10 years, PID has outperformed DTH with an annualized return of 4.09%, while DTH has yielded a comparatively lower 3.27% annualized return.


PID

YTD

2.78%

1M

-3.42%

6M

5.27%

1Y

3.55%

5Y*

5.17%

10Y*

4.09%

DTH

YTD

0.58%

1M

-2.21%

6M

-1.22%

1Y

1.36%

5Y*

2.95%

10Y*

3.27%

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PID vs. DTH - Expense Ratio Comparison

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


DTH
WisdomTree International High Dividend Fund
Expense ratio chart for DTH: 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. DTH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Dividend Achievers™ ETF (PID) and WisdomTree International High Dividend Fund (DTH). 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 0.45, compared to the broader market0.002.004.000.450.23
The chart of Sortino ratio for PID, currently valued at 0.68, compared to the broader market-2.000.002.004.006.008.0010.000.680.38
The chart of Omega ratio for PID, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.05
The chart of Calmar ratio for PID, currently valued at 0.59, compared to the broader market0.005.0010.0015.000.590.27
The chart of Martin ratio for PID, currently valued at 1.89, compared to the broader market0.0020.0040.0060.0080.00100.001.890.76
PID
DTH

The current PID Sharpe Ratio is 0.45, which is higher than the DTH Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of PID and DTH, 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
0.45
0.23
PID
DTH

Dividends

PID vs. DTH - Dividend Comparison

PID's dividend yield for the trailing twelve months is around 3.36%, less than DTH's 5.42% yield.


TTM20232022202120202019201820172016201520142013
PID
Invesco International Dividend Achievers™ ETF
3.36%3.31%3.29%3.29%3.17%4.00%3.86%3.46%3.91%4.48%3.92%2.17%
DTH
WisdomTree International High Dividend Fund
4.37%5.63%5.70%4.72%3.76%4.27%4.62%3.71%4.14%4.38%5.95%3.86%

Drawdowns

PID vs. DTH - Drawdown Comparison

The maximum PID drawdown since its inception was -66.34%, roughly equal to the maximum DTH drawdown of -64.20%. Use the drawdown chart below to compare losses from any high point for PID and DTH. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.11%
-10.21%
PID
DTH

Volatility

PID vs. DTH - Volatility Comparison

Invesco International Dividend Achievers™ ETF (PID) has a higher volatility of 3.82% compared to WisdomTree International High Dividend Fund (DTH) at 3.47%. This indicates that PID's price experiences larger fluctuations and is considered to be riskier than DTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%4.50%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.82%
3.47%
PID
DTH
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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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