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PSCC vs. GOVT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSCC vs. GOVT

Last updated Jun 7, 2026

PSCC (Invesco S&P SmallCap Consumer Staples ETF) and GOVT (iShares U.S. Treasury Bond ETF) are both exchange-traded funds - PSCC is a Consumer Staples Equities fund tracking the S&P Small Cap 600 Capped Consumer Staples, while GOVT is a Government Bonds fund tracking the ICE U.S. Treasury Core Bond Index. Both are passively managed. Over the past 10 years, PSCC returned 6.30%/yr vs 0.86%/yr for GOVT. At a correlation of -0.09, they often move in opposite directions. PSCC charges 0.29%/yr vs 0.05%/yr for GOVT.

Performance

PSCC vs. GOVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Consumer Staples ETF (PSCC) and iShares U.S. Treasury Bond ETF (GOVT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PSCC achieves a 7.16% return, which is significantly higher than GOVT's -0.33% return. Over the past 10 years, PSCC has outperformed GOVT with an annualized return of 6.30%, while GOVT has yielded a comparatively lower 0.86% annualized return.

PSCC

1D
1.46%
1M
0.51%
YTD
7.16%
6M
6.18%
1Y
-2.82%
3Y*
-1.02%
5Y*
-0.20%
10Y*
6.30%

GOVT

1D
-0.35%
1M
-0.59%
YTD
-0.33%
6M
-0.22%
1Y
3.74%
3Y*
2.73%
5Y*
-0.50%
10Y*
0.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCC vs. GOVT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PSCC
Invesco S&P SmallCap Consumer Staples ETF		7.16%-16.47%0.98%14.83%-6.66%28.82%11.17%17.39%-6.72%9.72%
GOVT
iShares U.S. Treasury Bond ETF		-0.33%3.77%2.95%4.17%-13.39%-1.11%7.28%7.36%0.26%2.19%

Correlation

The correlation between PSCC and GOVT is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (10Y)
Calculated over the trailing 10-year period

-0.04

Correlation (All Time)
Calculated using the full available price history since Feb 27, 2012

-0.09

The correlation between PSCC and GOVT shifts across timeframes, from -0.09 (all time) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Invesco S&P SmallCap Consumer Staples ETF

iShares U.S. Treasury Bond ETF

Often compared with PSCC:
PSCC vs. PSCDPSCC vs. CAGPSCC vs. PSCMPSCC vs. PSCUPSCC vs. IYKPSCC vs. SMLVPSCC vs. PSCI
Often compared with GOVT:
GOVT vs. VGITGOVT vs. BNDGOVT vs. TLTGOVT vs. IEFGOVT vs. SHVGOVT vs. VTGGOVT vs. GOVZ

Return for Risk

PSCC vs. GOVT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSCC
PSCC Risk / Return Rank: 88
Overall Rank
PSCC Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PSCC Sortino Ratio Rank: 88
Sortino Ratio Rank
PSCC Omega Ratio Rank: 88
Omega Ratio Rank
PSCC Calmar Ratio Rank: 88
Calmar Ratio Rank
PSCC Martin Ratio Rank: 88
Martin Ratio Rank
GOVT
GOVT Risk / Return Rank: 2525
Overall Rank
GOVT Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
GOVT Sortino Ratio Rank: 2525
Sortino Ratio Rank
GOVT Omega Ratio Rank: 2323
Omega Ratio Rank
GOVT Calmar Ratio Rank: 2424
Calmar Ratio Rank
GOVT Martin Ratio Rank: 2525
Martin Ratio Rank
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.

PSCC vs. GOVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Staples ETF (PSCC) and iShares U.S. Treasury Bond ETF (GOVT). 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.

PSCCGOVTDifference
Sharpe ratioReturn per unit of total volatility
-0.12
0.89

-1.01

Sortino ratioReturn per unit of downside risk
-0.05
1.33

-1.38

Omega ratioGain probability vs. loss probability

0.99

1.15

-0.16

Calmar ratioReturn relative to maximum drawdown

-0.13

1.12

-1.25

Martin ratioReturn relative to average drawdown

-0.22

3.25

-3.47

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSCC vs. GOVT - Sharpe Ratio Comparison

The current PSCC Sharpe Ratio is -0.12, which is lower than the GOVT Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of PSCC and GOVT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PSCCGOVTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.12

0.89

-1.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

-0.08

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

0.16

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.26

+0.30

Drawdowns

PSCC vs. GOVT - Drawdown Comparison

The maximum PSCC drawdown since its inception was -33.61%, which is greater than GOVT's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for PSCC and GOVT.

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Drawdown Indicators

PSCCGOVTDifference

Max Drawdown

Largest peak-to-trough decline

-33.61%

-19.07%

-14.54%

Max Drawdown (1Y)

Largest decline over 1 year

-15.17%

-2.85%

-12.32%

Max Drawdown (3Y)

Largest decline over 3 years

-23.36%

-5.43%

-17.93%

Max Drawdown (5Y)

Largest decline over 5 years

-23.36%

-16.60%

-6.76%

Max Drawdown (10Y)

Largest decline over 10 years

-33.61%

-19.07%

-14.54%

Current Drawdown

Current decline from peak

-16.33%

-7.38%

-8.95%

Average Drawdown

Average peak-to-trough decline

-5.98%

-5.25%

-0.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.68%

0.98%

+7.70%

Volatility

PSCC vs. GOVT - Volatility Comparison

Invesco S&P SmallCap Consumer Staples ETF (PSCC) has a higher volatility of 4.71% compared to iShares U.S. Treasury Bond ETF (GOVT) at 1.06%. This indicates that PSCC's price experiences larger fluctuations and is considered to be riskier than GOVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PSCCGOVTDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.71%

1.06%

+3.65%

Volatility (6M)

Calculated over the trailing 6-month period

10.80%

2.54%

+8.26%

Volatility (1Y)

Calculated over the trailing 1-year period

16.50%

3.60%

+12.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.24%

6.04%

+12.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.29%

5.22%

+14.07%

PSCC vs. GOVT - Expense Ratio Comparison

PSCC has a 0.29% expense ratio, which is higher than GOVT's 0.05% expense ratio.

Dividends

PSCC vs. GOVT - Dividend Comparison

PSCC's dividend yield for the trailing twelve months is around 2.08%, less than GOVT's 3.59% yield.

PositionTTM20252024202320222021202020192018201720162015
GOVT
iShares U.S. Treasury Bond ETF		3.59%3.49%3.14%2.65%1.77%0.96%2.17%1.98%1.97%1.57%1.40%1.25%
PSCC
Invesco S&P SmallCap Consumer Staples ETF		2.08%2.35%1.88%1.49%1.29%1.21%1.59%1.77%0.94%1.25%1.48%1.34%

Frequently Asked Questions

PSCC and GOVT have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSCC has higher volatility (4.71%) compared to GOVT (1.06%). In terms of maximum drawdown, PSCC dropped -33.61% vs GOVT's -19.07%.

On 10-year performance, PSCC leads with 6.30% vs 0.86% for GOVT. On fees, GOVT is cheaper at 0.05% per year. On volatility, GOVT has been the lower-risk option at 1.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, PSCC has performed better with a 6.30% return vs 0.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GOVT is cheaper with a 0.05% expense ratio, compared with 0.29% for PSCC.

GOVT has the higher dividend yield at 3.59%, compared with 2.08% for PSCC.

PSCC is categorized as Consumer Staples Equities, while GOVT is Government Bonds. PSCC tracks S&P Small Cap 600 Capped Consumer Staples, while GOVT tracks ICE U.S. Treasury Core Bond Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for PSCC and 0.05% for GOVT.

GOVT currently has the higher Sharpe Ratio (0.89 vs -0.12), 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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