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

Correlation

The correlation between PID and RWJ is 0.72, 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.


-0.50.00.51.00.7

Performance

PID vs. RWJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Dividend Achievers™ ETF (PID) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
4.58%
14.43%
PID
RWJ

Key characteristics

Sharpe Ratio

PID:

0.36

RWJ:

0.64

Sortino Ratio

PID:

0.57

RWJ:

1.05

Omega Ratio

PID:

1.07

RWJ:

1.12

Calmar Ratio

PID:

0.50

RWJ:

1.35

Martin Ratio

PID:

1.60

RWJ:

3.38

Ulcer Index

PID:

2.68%

RWJ:

4.06%

Daily Std Dev

PID:

11.92%

RWJ:

21.59%

Max Drawdown

PID:

-66.34%

RWJ:

-55.97%

Current Drawdown

PID:

-8.66%

RWJ:

-7.72%

Returns By Period

In the year-to-date period, PID achieves a 2.16% return, which is significantly lower than RWJ's 11.25% return. Over the past 10 years, PID has underperformed RWJ with an annualized return of 4.05%, while RWJ has yielded a comparatively higher 10.44% annualized return.


PID

YTD

2.16%

1M

-3.80%

6M

4.81%

1Y

3.16%

5Y*

5.05%

10Y*

4.05%

RWJ

YTD

11.25%

1M

-2.40%

6M

14.26%

1Y

11.23%

5Y*

16.38%

10Y*

10.44%

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. RWJ - Expense Ratio Comparison

PID has a 0.56% expense ratio, which is higher than RWJ's 0.39% expense ratio.


PID
Invesco International Dividend Achievers™ ETF
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%
Expense ratio chart for RWJ: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

PID vs. RWJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Dividend Achievers™ ETF (PID) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). 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 0.36, compared to the broader market0.002.004.000.360.64
The chart of Sortino ratio for PID, currently valued at 0.57, compared to the broader market-2.000.002.004.006.008.0010.000.571.05
The chart of Omega ratio for PID, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.12
The chart of Calmar ratio for PID, currently valued at 0.50, compared to the broader market0.005.0010.0015.000.501.35
The chart of Martin ratio for PID, currently valued at 1.60, compared to the broader market0.0020.0040.0060.0080.00100.001.603.38
PID
RWJ

The current PID Sharpe Ratio is 0.36, which is lower than the RWJ Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of PID and RWJ, 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
0.36
0.64
PID
RWJ

Dividends

PID vs. RWJ - Dividend Comparison

PID's dividend yield for the trailing twelve months is around 3.38%, more than RWJ's 0.91% yield.


TTM20232022202120202019201820172016201520142013
PID
Invesco International Dividend Achievers™ ETF
3.38%3.31%3.29%3.29%3.17%4.00%3.86%3.46%3.91%4.48%3.92%2.17%
RWJ
Invesco S&P SmallCap 600 Revenue ETF
0.91%1.34%1.02%0.61%0.89%1.22%1.44%0.91%0.60%0.74%0.57%1.27%

Drawdowns

PID vs. RWJ - Drawdown Comparison

The maximum PID drawdown since its inception was -66.34%, which is greater than RWJ's maximum drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for PID and RWJ. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.66%
-7.72%
PID
RWJ

Volatility

PID vs. RWJ - Volatility Comparison

The current volatility for Invesco International Dividend Achievers™ ETF (PID) is 3.70%, while Invesco S&P SmallCap 600 Revenue ETF (RWJ) has a volatility of 6.20%. This indicates that PID experiences smaller price fluctuations and is considered to be less risky than RWJ 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%JulyAugustSeptemberOctoberNovemberDecember
3.70%
6.20%
PID
RWJ
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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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