PID vs. MSCI
Compare and contrast key facts about Invesco International Dividend Achievers™ ETF (PID) and MSCI Inc. (MSCI).
PID is a passively managed fund by Invesco that tracks the performance of the Nasdaq International Dividend Achievers (NR). It was launched on Sep 15, 2005.
Performance
PID vs. MSCI - Performance Comparison
Loading graphics...
PID vs. MSCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PID Invesco International Dividend Achievers™ ETF | 2.04% | 24.45% | 3.08% | 14.28% | -6.48% | 24.49% | -6.56% | 25.87% | -11.46% | 19.05% |
MSCI MSCI Inc. | -5.68% | -3.17% | 7.31% | 22.90% | -23.34% | 38.14% | 74.38% | 77.19% | 17.95% | 62.63% |
Returns By Period
In the year-to-date period, PID achieves a 2.04% return, which is significantly higher than MSCI's -5.68% return. Over the past 10 years, PID has underperformed MSCI with an annualized return of 8.98%, while MSCI has yielded a comparatively higher 23.21% annualized return.
PID
- 1D
- 2.07%
- 1M
- -5.36%
- YTD
- 2.04%
- 6M
- 6.12%
- 1Y
- 20.87%
- 3Y*
- 11.55%
- 5Y*
- 9.53%
- 10Y*
- 8.98%
MSCI
- 1D
- 1.34%
- 1M
- -5.74%
- YTD
- -5.68%
- 6M
- -4.33%
- 1Y
- -3.40%
- 3Y*
- -0.04%
- 5Y*
- 5.82%
- 10Y*
- 23.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PID vs. MSCI — Risk / Return Rank
PID
MSCI
PID vs. MSCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Dividend Achievers™ ETF (PID) and MSCI Inc. (MSCI). 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.
| PID | MSCI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | -0.11 | +1.75 |
Sortino ratioReturn per unit of downside risk | 2.39 | 0.05 | +2.34 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.01 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 2.36 | -0.12 | +2.48 |
Martin ratioReturn relative to average drawdown | 10.33 | -0.34 | +10.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PID | MSCI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | -0.11 | +1.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.19 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.75 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.53 | -0.27 |
Correlation
The correlation between PID and MSCI is 0.49, 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.
Dividends
PID vs. MSCI - Dividend Comparison
PID's dividend yield for the trailing twelve months is around 3.38%, more than MSCI's 1.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PID Invesco International Dividend Achievers™ ETF | 3.38% | 3.28% | 3.88% | 3.31% | 3.30% | 3.30% | 3.16% | 3.99% | 3.87% | 3.46% | 3.90% | 4.48% |
MSCI MSCI Inc. | 1.38% | 1.25% | 1.07% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% |
Drawdowns
PID vs. MSCI - Drawdown Comparison
The maximum PID drawdown since its inception was -66.34%, roughly equal to the maximum MSCI drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for PID and MSCI.
Loading graphics...
Drawdown Indicators
| PID | MSCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.34% | -69.06% | +2.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.83% | -18.07% | +9.24% |
Max Drawdown (5Y)Largest decline over 5 years | -22.97% | -43.74% | +20.77% |
Max Drawdown (10Y)Largest decline over 10 years | -46.07% | -43.74% | -2.33% |
Current DrawdownCurrent decline from peak | -5.36% | -16.20% | +10.84% |
Average DrawdownAverage peak-to-trough decline | -13.12% | -13.12% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 6.48% | -4.46% |
Volatility
PID vs. MSCI - Volatility Comparison
The current volatility for Invesco International Dividend Achievers™ ETF (PID) is 3.80%, while MSCI Inc. (MSCI) has a volatility of 6.58%. This indicates that PID experiences smaller price fluctuations and is considered to be less risky than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PID | MSCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 6.58% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 7.11% | 21.10% | -13.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.81% | 30.07% | -17.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 30.55% | -16.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 31.03% | -13.04% |