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PKB vs. VNQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PKB and VNQ is 0.62, 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.


-0.50.00.51.00.6

Performance

PKB vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Building & Construction ETF (PKB) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%450.00%500.00%550.00%JulyAugustSeptemberOctoberNovemberDecember
459.34%
251.89%
PKB
VNQ

Key characteristics

Sharpe Ratio

PKB:

1.04

VNQ:

0.39

Sortino Ratio

PKB:

1.53

VNQ:

0.62

Omega Ratio

PKB:

1.19

VNQ:

1.08

Calmar Ratio

PKB:

1.81

VNQ:

0.24

Martin Ratio

PKB:

4.82

VNQ:

1.32

Ulcer Index

PKB:

5.08%

VNQ:

4.71%

Daily Std Dev

PKB:

23.65%

VNQ:

16.11%

Max Drawdown

PKB:

-65.21%

VNQ:

-73.07%

Current Drawdown

PKB:

-12.70%

VNQ:

-14.13%

Returns By Period

In the year-to-date period, PKB achieves a 22.47% return, which is significantly higher than VNQ's 4.10% return. Over the past 10 years, PKB has outperformed VNQ with an annualized return of 13.95%, while VNQ has yielded a comparatively lower 4.91% annualized return.


PKB

YTD

22.47%

1M

-7.81%

6M

12.40%

1Y

23.54%

5Y*

18.51%

10Y*

13.95%

VNQ

YTD

4.10%

1M

-6.48%

6M

8.61%

1Y

4.87%

5Y*

3.24%

10Y*

4.91%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PKB vs. VNQ - Expense Ratio Comparison

PKB has a 0.60% expense ratio, which is higher than VNQ's 0.12% expense ratio.


PKB
Invesco Dynamic Building & Construction ETF
Expense ratio chart for PKB: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for VNQ: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

PKB vs. VNQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) and Vanguard Real Estate ETF (VNQ). 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 PKB, currently valued at 1.04, compared to the broader market0.002.004.001.040.39
The chart of Sortino ratio for PKB, currently valued at 1.53, compared to the broader market-2.000.002.004.006.008.0010.001.530.62
The chart of Omega ratio for PKB, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.08
The chart of Calmar ratio for PKB, currently valued at 1.81, compared to the broader market0.005.0010.0015.001.810.24
The chart of Martin ratio for PKB, currently valued at 4.82, compared to the broader market0.0020.0040.0060.0080.00100.004.821.32
PKB
VNQ

The current PKB Sharpe Ratio is 1.04, which is higher than the VNQ Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of PKB and VNQ, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.04
0.39
PKB
VNQ

Dividends

PKB vs. VNQ - Dividend Comparison

PKB's dividend yield for the trailing twelve months is around 0.19%, less than VNQ's 2.89% yield.


TTM20232022202120202019201820172016201520142013
PKB
Invesco Dynamic Building & Construction ETF
0.19%0.33%0.43%0.25%0.30%0.37%0.54%0.17%0.31%0.11%0.10%0.00%
VNQ
Vanguard Real Estate ETF
2.89%3.95%3.91%2.56%3.93%3.39%4.74%4.23%4.82%3.92%3.60%4.32%

Drawdowns

PKB vs. VNQ - Drawdown Comparison

The maximum PKB drawdown since its inception was -65.21%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for PKB and VNQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.70%
-14.13%
PKB
VNQ

Volatility

PKB vs. VNQ - Volatility Comparison

Invesco Dynamic Building & Construction ETF (PKB) has a higher volatility of 6.60% compared to Vanguard Real Estate ETF (VNQ) at 5.65%. This indicates that PKB's price experiences larger fluctuations and is considered to be riskier than VNQ 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%JulyAugustSeptemberOctoberNovemberDecember
6.60%
5.65%
PKB
VNQ
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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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