PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PKB vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PKB and VOO 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.


-0.50.00.51.00.8

Performance

PKB vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Building & Construction ETF (PKB) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%750.00%JulyAugustSeptemberOctoberNovemberDecember
639.81%
602.93%
PKB
VOO

Key characteristics

Sharpe Ratio

PKB:

1.04

VOO:

2.25

Sortino Ratio

PKB:

1.53

VOO:

2.98

Omega Ratio

PKB:

1.19

VOO:

1.42

Calmar Ratio

PKB:

1.81

VOO:

3.31

Martin Ratio

PKB:

4.82

VOO:

14.77

Ulcer Index

PKB:

5.08%

VOO:

1.90%

Daily Std Dev

PKB:

23.65%

VOO:

12.46%

Max Drawdown

PKB:

-65.21%

VOO:

-33.99%

Current Drawdown

PKB:

-12.70%

VOO:

-2.47%

Returns By Period

In the year-to-date period, PKB achieves a 22.47% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, PKB has outperformed VOO with an annualized return of 13.95%, while VOO has yielded a comparatively lower 13.08% annualized return.


PKB

YTD

22.47%

1M

-7.81%

6M

12.40%

1Y

23.54%

5Y*

18.51%

10Y*

13.95%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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. VOO - Expense Ratio Comparison

PKB has a 0.60% expense ratio, which is higher than VOO's 0.03% 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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

PKB vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) and Vanguard S&P 500 ETF (VOO). 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 market0.002.004.001.042.25
The chart of Sortino ratio for PKB, currently valued at 1.53, compared to the broader market-2.000.002.004.006.008.0010.001.532.98
The chart of Omega ratio for PKB, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.42
The chart of Calmar ratio for PKB, currently valued at 1.81, compared to the broader market0.005.0010.0015.001.813.31
The chart of Martin ratio for PKB, currently valued at 4.82, compared to the broader market0.0020.0040.0060.0080.00100.004.8214.77
PKB
VOO

The current PKB Sharpe Ratio is 1.04, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of PKB and VOO, 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 Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.04
2.25
PKB
VOO

Dividends

PKB vs. VOO - Dividend Comparison

PKB's dividend yield for the trailing twelve months is around 0.19%, less than VOO's 0.91% 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%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

PKB vs. VOO - Drawdown Comparison

The maximum PKB drawdown since its inception was -65.21%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PKB and VOO. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.70%
-2.47%
PKB
VOO

Volatility

PKB vs. VOO - Volatility Comparison

Invesco Dynamic Building & Construction ETF (PKB) has a higher volatility of 6.60% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that PKB's price experiences larger fluctuations and is considered to be riskier than VOO 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%
3.75%
PKB
VOO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab