PKB vs. IDMO

Last updated Jul 17, 2026

PKB (Invesco Dynamic Building & Construction ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - PKB is a Building & Construction fund tracking the Dynamic Building & Construction Intellidex Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, PKB returned 14.63%/yr vs 12.47%/yr for IDMO. At a 0.45 correlation, their price movements are largely independent. PKB charges 0.60%/yr vs 0.25%/yr for IDMO.

Performance

PKB vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Building & Construction ETF (PKB) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PKB achieves a 12.66% return, which is significantly higher than IDMO's 8.27% return. Over the past 10 years, PKB has outperformed IDMO with an annualized return of 14.63%, while IDMO has yielded a comparatively lower 12.47% annualized return.

PKB

• 1D: 0.26%
• 1M: -3.90%
• 6M: 3.70%
• YTD: 12.66%
• 1Y: 27.38%
• 3Y*: 23.22%
• 5Y*: 17.19%
• 10Y*: 14.63%

IDMO

• 1D: -1.59%
• 1M: -2.15%
• 6M: 5.42%
• YTD: 8.27%
• 1Y: 21.68%
• 3Y*: 24.84%
• 5Y*: 15.50%
• 10Y*: 12.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PKB vs. IDMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PKB Invesco Dynamic Building & Construction ETF	12.66%	22.47%	20.24%	55.29%	-24.88%	32.96%	24.49%	40.15%	-31.11%	24.67%
IDMO Invesco S&P International Developed Momentum ETF	8.27%	42.17%	12.79%	20.16%	-12.03%	14.31%	22.01%	26.09%	-16.66%	29.21%

Correlation

The correlation between PKB and IDMO is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012	0.45

The correlation between PKB and IDMO shifts across timeframes, from 0.45 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.

PKB vs. IDMO - Sectors Allocation Comparison

Sectors	PKB	IDMO
Industrials	48.0%	21.3%
Basic Materials	29.0%	10.6%
Consumer Cyclical	20.2%	1.5%
Utilities	2.8%	7.9%
Energy	2.5%	1.7%
Financial Services	0.1%	43.2%
Communication Services	-	2.1%
Consumer Defensive	-	2.5%
Healthcare	-	1.1%
Real Estate	-	1.8%
Technology	-	6.2%

Return for Risk

PKB vs. IDMO — Risk / Return Rank

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

PKB

PKB Risk / Return Rank: 39
PKB Sharpe Ratio Rank: 38
PKB Sortino Ratio Rank: 39
PKB Omega Ratio Rank: 34
PKB Calmar Ratio Rank: 42
PKB Martin Ratio Rank: 41

IDMO

IDMO Risk / Return Rank: 42
IDMO Sharpe Ratio Rank: 39
IDMO Sortino Ratio Rank: 40
IDMO Omega Ratio Rank: 39
IDMO Calmar Ratio Rank: 42
IDMO Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PKB vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) and Invesco S&P International Developed Momentum ETF (IDMO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PKB	IDMO	Difference
Sharpe ratio: Return per unit of total volatility	1.12	1.18	-0.05
Sortino ratio: Return per unit of downside risk	1.71	1.74	-0.04
Omega ratio: Gain probability vs. loss probability	1.20	1.22	-0.02
Calmar ratio: Return relative to maximum drawdown	1.78	1.77	+0.02
Martin ratio: Return relative to average drawdown	5.33	6.94	-1.61

PKB vs. IDMO - Sharpe Ratio Comparison

The current PKB Sharpe Ratio is 1.12, which is comparable to the IDMO Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of PKB and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PKB vs. IDMO - Drawdown Comparison

The maximum PKB drawdown since its inception was -65.21%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for PKB and IDMO.

Drawdown Indicators

	PKB	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-65.21%	-39.38%	-25.83%
Max Drawdown (1Y) Largest decline over 1 year	-15.41%	-12.31%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-29.75%	-12.65%	-17.10%
Max Drawdown (5Y) Largest decline over 5 years	-34.85%	-27.07%	-7.78%
Max Drawdown (10Y) Largest decline over 10 years	-52.29%	-31.34%	-20.95%
Current Drawdown Current decline from peak	-8.59%	-3.93%	-4.66%
Average Drawdown Average peak-to-trough decline	-15.70%	-9.70%	-6.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.15%	3.13%	+2.02%

Volatility

PKB vs. IDMO - Volatility Comparison

Invesco Dynamic Building & Construction ETF (PKB) has a higher volatility of 7.80% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 5.93%. This indicates that PKB's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PKB	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	5.93%	+1.87%
Volatility (6M) Calculated over the trailing 6-month period	19.16%	16.86%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	24.50%	18.53%	+5.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.90%	18.14%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.32%	17.89%	+9.43%

PKB vs. IDMO - Expense Ratio Comparison

PKB has a 0.60% expense ratio, which is higher than IDMO's 0.25% expense ratio.

Dividends

PKB vs. IDMO - Dividend Comparison

PKB's dividend yield for the trailing twelve months is around 0.19%, less than IDMO's 3.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDMO Invesco S&P International Developed Momentum ETF	3.69%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%
PKB Invesco Dynamic Building & Construction ETF	0.19%	0.14%	0.23%	0.33%	0.43%	0.25%	0.30%	0.37%	0.54%	0.17%	0.31%	0.11%

Frequently Asked Questions

Can I hold both PKB and IDMO in my portfolio?

PKB and IDMO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PKB or IDMO?

PKB has higher volatility (7.80%) compared to IDMO (5.93%). In terms of maximum drawdown, PKB dropped -65.21% vs IDMO's -39.38%.

Which ETF is better, PKB or IDMO?

On 10-year performance, PKB leads with 14.63% vs 12.47% for IDMO. On fees, IDMO is cheaper at 0.25% per year. On volatility, IDMO has been the lower-risk option at 5.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PKB or IDMO?

Over the 10-year period, PKB has performed better with a 14.63% return vs 12.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PKB or IDMO?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.60% for PKB.

Which ETF pays a higher dividend yield, PKB or IDMO?

IDMO has the higher dividend yield at 3.69%, compared with 0.19% for PKB.

What is the main difference between PKB and IDMO?

PKB is categorized as Building & Construction, while IDMO is Momentum. PKB tracks Dynamic Building & Construction Intellidex Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Their fees differ too: 0.60% for PKB and 0.25% for IDMO.

Which has better risk-adjusted returns?

IDMO currently has the higher Sharpe Ratio (1.18 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.