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PIO vs. EBLU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIO and EBLU is 0.65, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

PIO vs. EBLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Water ETF (PIO) and Ecofin Global Water ESG Fund (EBLU). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%NovemberDecember2025FebruaryMarchApril
104.94%
112.71%
PIO
EBLU

Key characteristics

Sharpe Ratio

PIO:

0.05

EBLU:

0.47

Sortino Ratio

PIO:

0.21

EBLU:

0.81

Omega Ratio

PIO:

1.03

EBLU:

1.10

Calmar Ratio

PIO:

0.06

EBLU:

0.53

Martin Ratio

PIO:

0.16

EBLU:

1.68

Ulcer Index

PIO:

5.84%

EBLU:

4.90%

Daily Std Dev

PIO:

18.15%

EBLU:

17.61%

Max Drawdown

PIO:

-64.91%

EBLU:

-37.58%

Current Drawdown

PIO:

-5.52%

EBLU:

-3.94%

Returns By Period

In the year-to-date period, PIO achieves a 4.54% return, which is significantly higher than EBLU's 3.80% return.


PIO

YTD

4.54%

1M

-0.15%

6M

0.40%

1Y

0.23%

5Y*

10.13%

10Y*

6.49%

EBLU

YTD

3.80%

1M

2.11%

6M

1.89%

1Y

8.20%

5Y*

12.29%

10Y*

N/A

*Annualized

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PIO vs. EBLU - Expense Ratio Comparison

PIO has a 0.75% expense ratio, which is higher than EBLU's 0.40% expense ratio.


Expense ratio chart for PIO: current value is 0.75%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PIO: 0.75%
Expense ratio chart for EBLU: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EBLU: 0.40%

Risk-Adjusted Performance

PIO vs. EBLU — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PIO
The Risk-Adjusted Performance Rank of PIO is 2525
Overall Rank
The Sharpe Ratio Rank of PIO is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of PIO is 2525
Sortino Ratio Rank
The Omega Ratio Rank of PIO is 2525
Omega Ratio Rank
The Calmar Ratio Rank of PIO is 2727
Calmar Ratio Rank
The Martin Ratio Rank of PIO is 2525
Martin Ratio Rank

EBLU
The Risk-Adjusted Performance Rank of EBLU is 5757
Overall Rank
The Sharpe Ratio Rank of EBLU is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of EBLU is 5858
Sortino Ratio Rank
The Omega Ratio Rank of EBLU is 5353
Omega Ratio Rank
The Calmar Ratio Rank of EBLU is 6565
Calmar Ratio Rank
The Martin Ratio Rank of EBLU is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PIO vs. EBLU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Water ETF (PIO) and Ecofin Global Water ESG Fund (EBLU). 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.


The chart of Sharpe ratio for PIO, currently valued at 0.05, compared to the broader market-1.000.001.002.003.004.00
PIO: 0.05
EBLU: 0.47
The chart of Sortino ratio for PIO, currently valued at 0.21, compared to the broader market-2.000.002.004.006.008.00
PIO: 0.21
EBLU: 0.81
The chart of Omega ratio for PIO, currently valued at 1.03, compared to the broader market0.501.001.502.002.50
PIO: 1.03
EBLU: 1.10
The chart of Calmar ratio for PIO, currently valued at 0.06, compared to the broader market0.002.004.006.008.0010.0012.00
PIO: 0.06
EBLU: 0.53
The chart of Martin ratio for PIO, currently valued at 0.16, compared to the broader market0.0020.0040.0060.00
PIO: 0.16
EBLU: 1.68

The current PIO Sharpe Ratio is 0.05, which is lower than the EBLU Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of PIO and EBLU, 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 Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.05
0.47
PIO
EBLU

Dividends

PIO vs. EBLU - Dividend Comparison

PIO's dividend yield for the trailing twelve months is around 0.86%, less than EBLU's 1.29% yield.


TTM20242023202220212020201920182017201620152014
PIO
Invesco Global Water ETF
0.86%0.78%0.84%1.02%1.19%0.88%1.19%2.00%1.00%1.45%1.62%1.42%
EBLU
Ecofin Global Water ESG Fund
1.29%1.34%1.46%0.00%1.55%1.42%1.58%1.35%0.20%0.00%0.00%0.00%

Drawdowns

PIO vs. EBLU - Drawdown Comparison

The maximum PIO drawdown since its inception was -64.91%, which is greater than EBLU's maximum drawdown of -37.58%. Use the drawdown chart below to compare losses from any high point for PIO and EBLU. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.52%
-3.94%
PIO
EBLU

Volatility

PIO vs. EBLU - Volatility Comparison

Invesco Global Water ETF (PIO) has a higher volatility of 11.94% compared to Ecofin Global Water ESG Fund (EBLU) at 10.84%. This indicates that PIO's price experiences larger fluctuations and is considered to be riskier than EBLU 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%12.00%NovemberDecember2025FebruaryMarchApril
11.94%
10.84%
PIO
EBLU