PIO vs. COMP
Compare and contrast key facts about Invesco Global Water ETF (PIO) and Compass, Inc. (COMP).
PIO is a passively managed fund by Invesco that tracks the performance of the NASDAQ OMX Global Water Index. It was launched on Jun 13, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIO or COMP.
Correlation
The correlation between PIO and COMP is 0.77, 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.
Performance
PIO vs. COMP - Performance Comparison
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Key characteristics
PIO:
0.02
COMP:
0.59
PIO:
0.29
COMP:
1.55
PIO:
1.04
COMP:
1.20
PIO:
0.11
COMP:
0.58
PIO:
0.33
COMP:
3.34
PIO:
5.87%
COMP:
14.44%
PIO:
18.20%
COMP:
66.39%
PIO:
-64.91%
COMP:
-90.82%
PIO:
0.00%
COMP:
-69.68%
Returns By Period
In the year-to-date period, PIO achieves a 11.11% return, which is significantly higher than COMP's 4.44% return.
PIO
11.11%
9.89%
6.13%
0.41%
11.90%
6.95%
COMP
4.44%
-22.26%
-7.42%
38.55%
N/A
N/A
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Risk-Adjusted Performance
PIO vs. COMP — Risk-Adjusted Performance Rank
PIO
COMP
PIO vs. COMP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Water ETF (PIO) and Compass, Inc. (COMP). 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.
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Dividends
PIO vs. COMP - Dividend Comparison
PIO's dividend yield for the trailing twelve months is around 0.81%, while COMP has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PIO Invesco Global Water ETF | 0.81% | 0.78% | 0.84% | 1.02% | 1.19% | 0.88% | 1.19% | 2.00% | 1.00% | 1.45% | 1.62% | 1.42% |
COMP Compass, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PIO vs. COMP - Drawdown Comparison
The maximum PIO drawdown since its inception was -64.91%, smaller than the maximum COMP drawdown of -90.82%. Use the drawdown chart below to compare losses from any high point for PIO and COMP. For additional features, visit the drawdowns tool.
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Volatility
PIO vs. COMP - Volatility Comparison
The current volatility for Invesco Global Water ETF (PIO) is 5.25%, while Compass, Inc. (COMP) has a volatility of 24.27%. This indicates that PIO experiences smaller price fluctuations and is considered to be less risky than COMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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