PKB vs. WUGI

Last updated Jun 13, 2026

PKB (Invesco Dynamic Building & Construction ETF) and WUGI (Esoterica NextG Economy ETF) are both exchange-traded funds - PKB is a Building & Construction fund tracking the Dynamic Building & Construction Intellidex Index, while WUGI is a Large Cap Growth Equities fund actively managed by Esoterica. PKB is passively managed, while WUGI is actively managed. Over the past 5 years, PKB returned 16.59%/yr vs 16.13%/yr for WUGI. A 0.55 correlation means they provide meaningful diversification when combined. PKB charges 0.60%/yr vs 0.75%/yr for WUGI.

Performance

PKB vs. WUGI - Performance Comparison

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

Returns By Period

In the year-to-date period, PKB achieves a 14.33% return, which is significantly lower than WUGI's 23.35% return.

PKB

• 1D: 1.14%
• 1M: 1.78%
• YTD: 14.33%
• 6M: 10.23%
• 1Y: 34.86%
• 3Y*: 27.82%
• 5Y*: 16.59%
• 10Y*: 15.78%

WUGI

• 1D: 1.10%
• 1M: 5.98%
• YTD: 23.35%
• 6M: 25.24%
• 1Y: 38.78%
• 3Y*: 33.73%
• 5Y*: 16.13%
• 10Y*: —

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

PKB vs. WUGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PKB Invesco Dynamic Building & Construction ETF	14.33%	22.47%	20.24%	55.29%	-24.88%	32.96%	87.67%
WUGI Esoterica NextG Economy ETF	23.35%	22.66%	47.14%	61.30%	-49.55%	25.18%	97.36%

Correlation

The correlation between PKB and WUGI is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Mar 31, 2020	0.55

The correlation between PKB and WUGI has been stable across timeframes, ranging from 0.52 to 0.60 - a consistent structural relationship.

PKB vs. WUGI - Sectors Allocation Comparison

Sectors	PKB	WUGI
Industrials	47.2%	9.3%
Basic Materials	29.0%	0.0%
Consumer Cyclical	20.8%	6.3%
Utilities	3.0%	-
Financial Services	0.1%	1.8%
Communication Services	-	12.1%
Consumer Defensive	-	0.1%
Energy	-	0.0%
Healthcare	-	0.2%
Real Estate	-	0.1%
Technology	-	70.5%

Return for Risk

PKB vs. WUGI — Risk / Return Rank

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

PKB

PKB Risk / Return Rank: 48
PKB Sharpe Ratio Rank: 48
PKB Sortino Ratio Rank: 49
PKB Omega Ratio Rank: 43
PKB Calmar Ratio Rank: 52
PKB Martin Ratio Rank: 49

WUGI

WUGI Risk / Return Rank: 49
WUGI Sharpe Ratio Rank: 51
WUGI Sortino Ratio Rank: 47
WUGI Omega Ratio Rank: 49
WUGI Calmar Ratio Rank: 49
WUGI Martin Ratio Rank: 47

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. WUGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) and Esoterica NextG Economy ETF (WUGI). 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	WUGI	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.54	-0.06
Sortino ratio: Return per unit of downside risk	2.16	2.08	+0.08
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio: Return relative to maximum drawdown	2.27	2.17	+0.11
Martin ratio: Return relative to average drawdown	7.21	7.02	+0.19

PKB vs. WUGI - Sharpe Ratio Comparison

The current PKB Sharpe Ratio is 1.47, which is comparable to the WUGI Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of PKB and WUGI, 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. WUGI - Drawdown Comparison

The maximum PKB drawdown since its inception was -65.21%, which is greater than WUGI's maximum drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for PKB and WUGI.

Drawdown Indicators

	PKB	WUGI	Difference
Max Drawdown Largest peak-to-trough decline	-65.21%	-56.41%	-8.80%
Max Drawdown (1Y) Largest decline over 1 year	-15.41%	-17.99%	+2.58%
Max Drawdown (3Y) Largest decline over 3 years	-29.75%	-27.49%	-2.26%
Max Drawdown (5Y) Largest decline over 5 years	-34.85%	-56.41%	+21.56%
Max Drawdown (10Y) Largest decline over 10 years	-52.29%	—	—
Current Drawdown Current decline from peak	-4.31%	-3.98%	-0.33%
Average Drawdown Average peak-to-trough decline	-15.75%	-16.61%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	5.54%	-0.68%

Volatility

PKB vs. WUGI - Volatility Comparison

The current volatility for Invesco Dynamic Building & Construction ETF (PKB) is 8.73%, while Esoterica NextG Economy ETF (WUGI) has a volatility of 13.03%. This indicates that PKB experiences smaller price fluctuations and is considered to be less risky than WUGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PKB	WUGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.73%	13.03%	-4.30%
Volatility (6M) Calculated over the trailing 6-month period	18.69%	22.14%	-3.45%
Volatility (1Y) Calculated over the trailing 1-year period	23.78%	25.36%	-1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.78%	31.07%	-5.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.29%	31.09%	-3.80%

PKB vs. WUGI - Expense Ratio Comparison

PKB has a 0.60% expense ratio, which is lower than WUGI's 0.75% expense ratio.

Dividends

PKB vs. WUGI - Dividend Comparison

PKB's dividend yield for the trailing twelve months is around 0.14%, less than WUGI's 18.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PKB Invesco Dynamic Building & Construction ETF	0.14%	0.14%	0.23%	0.33%	0.43%	0.25%	0.30%	0.37%	0.54%	0.17%	0.31%	0.11%
WUGI Esoterica NextG Economy ETF	18.51%	22.83%	4.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PKB and WUGI in my portfolio?

PKB and WUGI have a correlation of 0.52, 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 WUGI?

WUGI has higher volatility (13.03%) compared to PKB (8.73%). In terms of maximum drawdown, PKB dropped -65.21% vs WUGI's -56.41%.

Which ETF is better, PKB or WUGI?

On 5-year performance, PKB leads with 16.59% vs 16.13% for WUGI. On fees, PKB is cheaper at 0.60% per year. On volatility, PKB has been the lower-risk option at 8.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PKB or WUGI?

Over the 5-year period, PKB has performed better with a 16.59% return vs 16.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PKB or WUGI?

PKB is cheaper with a 0.60% expense ratio, compared with 0.75% for WUGI.

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

WUGI has the higher dividend yield at 18.51%, compared with 0.14% for PKB.

What is the main difference between PKB and WUGI?

PKB is categorized as Building & Construction, while WUGI is Large Cap Growth Equities. They also come from different issuers: Invesco and Esoterica. Their fees differ too: 0.60% for PKB and 0.75% for WUGI.

Which has better risk-adjusted returns?

WUGI currently has the higher Sharpe Ratio (1.54 vs 1.47), 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.