PKW vs. IPKW
Compare and contrast key facts about Invesco BuyBack Achievers™ ETF (PKW) and Invesco International BuyBack Achievers™ ETF (IPKW).
PKW and IPKW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PKW is a passively managed fund by Invesco that tracks the performance of the NASDAQ US BuyBack Achievers Index. It was launched on Dec 20, 2006. IPKW is a passively managed fund by Invesco that tracks the performance of the NASDAQ International BuyBack Achievers Index. It was launched on Feb 27, 2014. Both PKW and IPKW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PKW vs. IPKW - Performance Comparison
Loading graphics...
PKW vs. IPKW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PKW Invesco BuyBack Achievers™ ETF | -2.12% | 17.92% | 17.33% | 17.24% | -10.21% | 32.62% | 8.41% | 34.09% | -10.53% | 17.75% |
IPKW Invesco International BuyBack Achievers™ ETF | 2.30% | 45.50% | 10.56% | 15.12% | -12.81% | 11.41% | 16.18% | 20.26% | -21.59% | 34.21% |
Returns By Period
In the year-to-date period, PKW achieves a -2.12% return, which is significantly lower than IPKW's 2.30% return. Over the past 10 years, PKW has outperformed IPKW with an annualized return of 12.54%, while IPKW has yielded a comparatively lower 11.25% annualized return.
PKW
- 1D
- 2.20%
- 1M
- -4.59%
- YTD
- -2.12%
- 6M
- -0.56%
- 1Y
- 17.63%
- 3Y*
- 16.74%
- 5Y*
- 10.21%
- 10Y*
- 12.54%
IPKW
- 1D
- 3.40%
- 1M
- -4.67%
- YTD
- 2.30%
- 6M
- 9.34%
- 1Y
- 28.10%
- 3Y*
- 22.46%
- 5Y*
- 10.25%
- 10Y*
- 11.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PKW vs. IPKW - Expense Ratio Comparison
PKW has a 0.62% expense ratio, which is higher than IPKW's 0.55% expense ratio.
Return for Risk
PKW vs. IPKW — Risk / Return Rank
PKW
IPKW
PKW vs. IPKW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BuyBack Achievers™ ETF (PKW) and Invesco International BuyBack Achievers™ ETF (IPKW). 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.
| PKW | IPKW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 1.54 | -0.62 |
Sortino ratioReturn per unit of downside risk | 1.38 | 2.06 | -0.68 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.33 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.81 | -0.48 |
Martin ratioReturn relative to average drawdown | 5.70 | 8.74 | -3.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PKW | IPKW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.54 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.61 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.63 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.59 | -0.08 |
Correlation
The correlation between PKW and IPKW is 0.69, 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.
Dividends
PKW vs. IPKW - Dividend Comparison
PKW's dividend yield for the trailing twelve months is around 0.94%, less than IPKW's 3.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PKW Invesco BuyBack Achievers™ ETF | 0.94% | 0.99% | 0.86% | 1.17% | 1.22% | 0.72% | 1.48% | 1.30% | 1.30% | 0.65% | 1.59% | 1.14% |
IPKW Invesco International BuyBack Achievers™ ETF | 3.65% | 3.55% | 4.12% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% |
Drawdowns
PKW vs. IPKW - Drawdown Comparison
The maximum PKW drawdown since its inception was -54.59%, which is greater than IPKW's maximum drawdown of -47.24%. Use the drawdown chart below to compare losses from any high point for PKW and IPKW.
Loading graphics...
Drawdown Indicators
| PKW | IPKW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.59% | -47.24% | -7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -13.82% | -15.27% | +1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -23.51% | -33.18% | +9.67% |
Max Drawdown (10Y)Largest decline over 10 years | -40.93% | -47.24% | +6.31% |
Current DrawdownCurrent decline from peak | -5.83% | -5.72% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -9.09% | +1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 3.17% | +0.05% |
Volatility
PKW vs. IPKW - Volatility Comparison
The current volatility for Invesco BuyBack Achievers™ ETF (PKW) is 4.73%, while Invesco International BuyBack Achievers™ ETF (IPKW) has a volatility of 7.41%. This indicates that PKW experiences smaller price fluctuations and is considered to be less risky than IPKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PKW | IPKW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.73% | 7.41% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 11.43% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.15% | 18.31% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 17.01% | +0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.78% | 17.88% | +1.90% |