PPFIX vs. PHB
Compare and contrast key facts about Princeton Premium Fund (PPFIX) and Invesco Fundamental High Yield® Corporate Bond ETF (PHB).
PPFIX is managed by Princeton. It was launched on Nov 15, 2016. PHB is a passively managed fund by Invesco that tracks the performance of the RAFI Bonds US High Yield 1-10 Index. It was launched on Nov 15, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPFIX or PHB.
Correlation
The correlation between PPFIX and PHB is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PPFIX vs. PHB - Performance Comparison
Key characteristics
PPFIX:
0.41
PHB:
1.30
PPFIX:
0.49
PHB:
1.86
PPFIX:
1.24
PHB:
1.27
PPFIX:
0.70
PHB:
1.75
PPFIX:
1.89
PHB:
8.29
PPFIX:
1.24%
PHB:
0.84%
PPFIX:
5.75%
PHB:
5.32%
PPFIX:
-15.64%
PHB:
-44.79%
PPFIX:
-0.25%
PHB:
-1.82%
Returns By Period
In the year-to-date period, PPFIX achieves a 1.69% return, which is significantly higher than PHB's 0.37% return.
PPFIX
1.69%
-0.09%
1.55%
2.25%
8.27%
N/A
PHB
0.37%
-1.44%
-0.15%
6.80%
4.68%
3.74%
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PPFIX vs. PHB - Expense Ratio Comparison
PPFIX has a 1.95% expense ratio, which is higher than PHB's 0.50% expense ratio.
Risk-Adjusted Performance
PPFIX vs. PHB — Risk-Adjusted Performance Rank
PPFIX
PHB
PPFIX vs. PHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Princeton Premium Fund (PPFIX) and Invesco Fundamental High Yield® Corporate Bond ETF (PHB). 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.
Dividends
PPFIX vs. PHB - Dividend Comparison
PPFIX's dividend yield for the trailing twelve months is around 4.62%, less than PHB's 5.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPFIX Princeton Premium Fund | 4.62% | 4.67% | 6.86% | 1.92% | 7.16% | 0.44% | 0.23% | 0.93% | 2.68% | 0.00% | 0.00% | 0.00% |
PHB Invesco Fundamental High Yield® Corporate Bond ETF | 5.95% | 5.69% | 4.68% | 3.52% | 3.37% | 3.90% | 4.03% | 4.44% | 4.14% | 4.58% | 4.69% | 4.48% |
Drawdowns
PPFIX vs. PHB - Drawdown Comparison
The maximum PPFIX drawdown since its inception was -15.64%, smaller than the maximum PHB drawdown of -44.79%. Use the drawdown chart below to compare losses from any high point for PPFIX and PHB. For additional features, visit the drawdowns tool.
Volatility
PPFIX vs. PHB - Volatility Comparison
The current volatility for Princeton Premium Fund (PPFIX) is 3.45%, while Invesco Fundamental High Yield® Corporate Bond ETF (PHB) has a volatility of 3.71%. This indicates that PPFIX experiences smaller price fluctuations and is considered to be less risky than PHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.