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

Correlation

The correlation between PIO and GM is 0.50, 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.


-0.50.00.51.00.5

Performance

PIO vs. GM - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%AugustSeptemberOctoberNovemberDecember2025
-6.00%
2.57%
PIO
GM

Key characteristics

Sharpe Ratio

PIO:

0.16

GM:

1.37

Sortino Ratio

PIO:

0.31

GM:

1.92

Omega Ratio

PIO:

1.04

GM:

1.27

Calmar Ratio

PIO:

0.20

GM:

0.93

Martin Ratio

PIO:

0.49

GM:

6.50

Ulcer Index

PIO:

4.68%

GM:

6.70%

Daily Std Dev

PIO:

14.58%

GM:

31.88%

Max Drawdown

PIO:

-64.91%

GM:

-59.95%

Current Drawdown

PIO:

-9.44%

GM:

-20.51%

Returns By Period

In the year-to-date period, PIO achieves a 0.20% return, which is significantly higher than GM's -4.37% return. Both investments have delivered pretty close results over the past 10 years, with PIO having a 6.96% annualized return and GM not far behind at 6.87%.


PIO

YTD

0.20%

1M

-3.66%

6M

-6.98%

1Y

2.09%

5Y*

5.51%

10Y*

6.96%

GM

YTD

-4.37%

1M

-3.03%

6M

2.84%

1Y

45.97%

5Y*

8.31%

10Y*

6.87%

*Annualized

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

PIO vs. GM — 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 1717
Overall Rank
The Sharpe Ratio Rank of PIO is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of PIO is 1616
Sortino Ratio Rank
The Omega Ratio Rank of PIO is 1616
Omega Ratio Rank
The Calmar Ratio Rank of PIO is 2020
Calmar Ratio Rank
The Martin Ratio Rank of PIO is 1616
Martin Ratio Rank

GM
The Risk-Adjusted Performance Rank of GM is 8484
Overall Rank
The Sharpe Ratio Rank of GM is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of GM is 8282
Sortino Ratio Rank
The Omega Ratio Rank of GM is 8383
Omega Ratio Rank
The Calmar Ratio Rank of GM is 8080
Calmar Ratio Rank
The Martin Ratio Rank of GM is 8787
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. GM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Water ETF (PIO) and General Motors Company (GM). 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 PIO, currently valued at 0.16, compared to the broader market0.002.004.000.161.37
The chart of Sortino ratio for PIO, currently valued at 0.31, compared to the broader market-2.000.002.004.006.008.0010.000.311.92
The chart of Omega ratio for PIO, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.27
The chart of Calmar ratio for PIO, currently valued at 0.20, compared to the broader market0.005.0010.0015.000.200.93
The chart of Martin ratio for PIO, currently valued at 0.49, compared to the broader market0.0020.0040.0060.0080.00100.000.496.50
PIO
GM

The current PIO Sharpe Ratio is 0.16, which is lower than the GM Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of PIO and GM, 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 Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
0.16
1.37
PIO
GM

Dividends

PIO vs. GM - Dividend Comparison

PIO's dividend yield for the trailing twelve months is around 0.78%, less than GM's 0.94% yield.


TTM20242023202220212020201920182017201620152014
PIO
Invesco Global Water ETF
0.78%0.78%0.84%1.02%1.19%0.88%1.19%2.00%1.00%1.45%1.62%1.42%
GM
General Motors Company
0.94%0.90%1.00%0.54%0.00%0.91%4.15%4.54%3.71%4.36%4.06%3.44%

Drawdowns

PIO vs. GM - Drawdown Comparison

The maximum PIO drawdown since its inception was -64.91%, which is greater than GM's maximum drawdown of -59.95%. Use the drawdown chart below to compare losses from any high point for PIO and GM. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-9.44%
-20.51%
PIO
GM

Volatility

PIO vs. GM - Volatility Comparison

The current volatility for Invesco Global Water ETF (PIO) is 3.82%, while General Motors Company (GM) has a volatility of 8.83%. This indicates that PIO experiences smaller price fluctuations and is considered to be less risky than GM 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%14.00%AugustSeptemberOctoberNovemberDecember2025
3.82%
8.83%
PIO
GM
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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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