PLW vs. IDMO
PLW (Invesco 1-30 Laddered Treasury ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - PLW is a Government Bonds fund tracking the Ryan/NASDAQ 1-30 Year Treasury Laddered 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, PLW returned -0.33%/yr vs 12.47%/yr for IDMO. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.25% expense ratio.
Performance
PLW vs. IDMO - Performance Comparison
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Returns By Period
In the year-to-date period, PLW achieves a -0.81% return, which is significantly lower than IDMO's 8.27% return. Over the past 10 years, PLW has underperformed IDMO with an annualized return of -0.33%, while IDMO has yielded a comparatively higher 12.47% annualized return.
PLW
- 1D
- -0.04%
- 1M
- -1.11%
- 6M
- -1.47%
- YTD
- -0.81%
- 1Y
- 3.49%
- 3Y*
- 0.90%
- 5Y*
- -3.47%
- 10Y*
- -0.33%
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%
PLW vs. IDMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLW Invesco 1-30 Laddered Treasury ETF | -0.81% | 5.84% | -2.95% | 3.31% | -19.98% | -3.76% | 12.55% | 10.00% | -0.28% | 4.96% |
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 PLW and IDMO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012 | -0.05 |
The correlation between PLW and IDMO shifts across timeframes, from -0.05 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLW vs. IDMO — Risk / Return Rank
PLW
IDMO
PLW vs. IDMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco 1-30 Laddered Treasury ETF (PLW) 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.
| PLW | IDMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.22 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 1.77 | -1.12 |
| Martin ratioReturn relative to average drawdown | 1.60 | 6.94 | -5.34 |
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Drawdowns
PLW vs. IDMO - Drawdown Comparison
The maximum PLW drawdown since its inception was -32.70%, smaller than the maximum IDMO drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for PLW and IDMO.
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Drawdown Indicators
| PLW | IDMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.70% | -39.38% | +6.68% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -12.31% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -11.49% | -12.65% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -27.07% | -1.23% |
Max Drawdown (10Y)Largest decline over 10 years | -32.70% | -31.34% | -1.36% |
Current DrawdownCurrent decline from peak | -22.58% | -3.93% | -18.65% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -9.70% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 3.13% | -0.95% |
Volatility
PLW vs. IDMO - Volatility Comparison
The current volatility for Invesco 1-30 Laddered Treasury ETF (PLW) is 1.80%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 5.93%. This indicates that PLW experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLW | IDMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 5.93% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 4.81% | 16.86% | -12.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.34% | 18.53% | -12.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.84% | 18.14% | -8.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.07% | 17.89% | -8.82% |
PLW vs. IDMO - Expense Ratio Comparison
Both PLW and IDMO have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
PLW vs. IDMO - Dividend Comparison
PLW's dividend yield for the trailing twelve months is around 3.86%, more 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% |
PLW Invesco 1-30 Laddered Treasury ETF | 3.86% | 3.75% | 3.56% | 2.87% | 1.97% | 1.15% | 1.00% | 1.96% | 2.14% | 2.02% | 2.00% | 2.14% |
Frequently Asked Questions
PLW and IDMO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDMO has higher volatility (5.93%) compared to PLW (1.80%). In terms of maximum drawdown, PLW dropped -32.70% vs IDMO's -39.38%.
On 10-year performance, IDMO leads with 12.47% vs -0.33% for PLW. Both ETFs have the same 0.25% expense ratio. On volatility, PLW has been the lower-risk option at 1.80%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IDMO has performed better with a 12.47% return vs -0.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLW and IDMO have the same expense ratio: 0.25% per year.
PLW has the higher dividend yield at 3.86%, compared with 3.69% for IDMO.
PLW is categorized as Government Bonds, while IDMO is Momentum. PLW tracks Ryan/NASDAQ 1-30 Year Treasury Laddered Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index.
IDMO currently has the higher Sharpe Ratio (1.18 vs 0.55), 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.
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