PSCC vs. IWL

Last updated Jul 21, 2026

PSCC (Invesco S&P SmallCap Consumer Staples ETF) and IWL (iShares Russell Top 200 ETF) are both exchange-traded funds - PSCC is a Consumer Staples Equities fund tracking the S&P Small Cap 600 Capped Consumer Staples, while IWL is a Large Cap Growth Equities fund tracking the Russell Top 200 Index. Both are passively managed. Over the past 10 years, PSCC returned 6.77%/yr vs 15.75%/yr for IWL. A 0.53 correlation means they provide meaningful diversification when combined. PSCC charges 0.29%/yr vs 0.15%/yr for IWL.

Performance

PSCC vs. IWL - 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 Russell Top 200 ETF (IWL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCC achieves a 18.26% return, which is significantly higher than IWL's 8.01% return. Over the past 10 years, PSCC has underperformed IWL with an annualized return of 6.77%, while IWL has yielded a comparatively higher 15.75% annualized return.

PSCC

• 1D: -0.27%
• 1M: 4.39%
• 6M: 13.60%
• YTD: 18.26%
• 1Y: 6.05%
• 3Y*: 1.66%
• 5Y*: 3.05%
• 10Y*: 6.77%
• ALL TIME*: 10.90%

IWL

• 1D: -0.15%
• 1M: -0.81%
• 6M: 7.12%
• YTD: 8.01%
• 1Y: 19.12%
• 3Y*: 20.41%
• 5Y*: 13.26%
• 10Y*: 15.75%
• ALL TIME*: 14.61%

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

PSCC vs. IWL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCC Invesco S&P SmallCap Consumer Staples ETF	18.26%	-16.47%	0.98%	14.83%	-6.66%	28.82%	11.17%	17.39%	-6.72%	9.72%
IWL iShares Russell Top 200 ETF	8.01%	19.09%	27.12%	29.77%	-19.89%	27.79%	22.10%	31.42%	-3.30%	22.90%

Correlation

The correlation between PSCC and IWL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Apr 7, 2010	0.53

Over the past year, the correlation between PSCC and IWL has dropped to 0.16 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

PSCC vs. IWL - Sectors Allocation Comparison

Sectors	PSCC	IWL
Consumer Defensive	90.8%	4.3%
Basic Materials	4.3%	1.3%
Consumer Cyclical	2.6%	9.3%
Industrials	2.3%	7.5%
Financial Services	0.2%	11.9%
Communication Services	-	11.3%
Energy	-	2.5%
Healthcare	-	8.6%
Real Estate	-	0.9%
Technology	-	41.0%
Utilities	-	1.2%

Return for Risk

PSCC vs. IWL — Risk / Return Rank

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

PSCC

PSCC Risk / Return Rank: 16
PSCC Sharpe Ratio Rank: 17
PSCC Sortino Ratio Rank: 17
PSCC Omega Ratio Rank: 16
PSCC Calmar Ratio Rank: 16
PSCC Martin Ratio Rank: 14

IWL

IWL Risk / Return Rank: 57
IWL Sharpe Ratio Rank: 59
IWL Sortino Ratio Rank: 56
IWL Omega Ratio Rank: 57
IWL Calmar Ratio Rank: 51
IWL Martin Ratio Rank: 62

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. IWL - 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 Russell Top 200 ETF (IWL). 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.

	PSCC	IWL	Difference
Sharpe ratio: Return per unit of total volatility	0.36	1.48	-1.11
Sortino ratio: Return per unit of downside risk	0.64	2.05	-1.41
Omega ratio: Gain probability vs. loss probability	1.07	1.26	-0.19
Calmar ratio: Return relative to maximum drawdown	0.40	1.95	-1.55
Martin ratio: Return relative to average drawdown	0.70	8.05	-7.35

PSCC vs. IWL - Sharpe Ratio Comparison

The current PSCC Sharpe Ratio is 0.36, which is lower than the IWL Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of PSCC and IWL, 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

PSCC vs. IWL - Drawdown Comparison

The maximum PSCC drawdown since its inception was -33.61%, roughly equal to the maximum IWL drawdown of -32.71%. Use the drawdown chart below to compare losses from any high point for PSCC and IWL.

Drawdown Indicators

	PSCC	IWL	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-32.71%	-0.90%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	-9.83%	-5.34%
Max Drawdown (3Y) Largest decline over 3 years	-23.36%	-19.15%	-4.21%
Max Drawdown (5Y) Largest decline over 5 years	-23.36%	-25.65%	+2.29%
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	-32.71%	-0.90%
Current Drawdown Current decline from peak	-7.66%	-2.65%	-5.01%
Average Drawdown Average peak-to-trough decline	-6.01%	-3.87%	-2.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.69%	2.38%	+6.31%

Volatility

PSCC vs. IWL - Volatility Comparison

Invesco S&P SmallCap Consumer Staples ETF (PSCC) has a higher volatility of 6.38% compared to iShares Russell Top 200 ETF (IWL) at 3.54%. This indicates that PSCC's price experiences larger fluctuations and is considered to be riskier than IWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCC	IWL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	3.54%	+2.84%
Volatility (6M) Calculated over the trailing 6-month period	12.11%	10.36%	+1.75%
Volatility (1Y) Calculated over the trailing 1-year period	16.83%	13.04%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.32%	17.28%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.36%	18.10%	+1.26%

PSCC vs. IWL - Expense Ratio Comparison

PSCC has a 0.29% expense ratio, which is higher than IWL's 0.15% expense ratio.

Dividends

PSCC vs. IWL - Dividend Comparison

PSCC's dividend yield for the trailing twelve months is around 1.66%, more than IWL's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWL iShares Russell Top 200 ETF	0.86%	0.90%	1.04%	1.30%	1.54%	1.12%	1.30%	1.96%	1.93%	1.69%	1.96%	2.14%
PSCC Invesco S&P SmallCap Consumer Staples ETF	1.66%	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

Can I hold both PSCC and IWL in my portfolio?

PSCC and IWL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCC or IWL?

PSCC has higher volatility (6.38%) compared to IWL (3.54%). In terms of maximum drawdown, PSCC dropped -33.61% vs IWL's -32.71%.

Which ETF is better, PSCC or IWL?

On 10-year performance, IWL leads with 15.75% vs 6.77% for PSCC. On fees, IWL is cheaper at 0.15% per year. On volatility, IWL has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCC or IWL?

Over the 10-year period, IWL has performed better with a 15.75% return vs 6.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCC or IWL?

IWL is cheaper with a 0.15% expense ratio, compared with 0.29% for PSCC.

Which ETF pays a higher dividend yield, PSCC or IWL?

PSCC has the higher dividend yield at 1.66%, compared with 0.86% for IWL.

What is the main difference between PSCC and IWL?

PSCC is categorized as Consumer Staples Equities, while IWL is Large Cap Growth Equities. PSCC tracks S&P Small Cap 600 Capped Consumer Staples, while IWL tracks Russell Top 200 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for PSCC and 0.15% for IWL.

Which has better risk-adjusted returns?

IWL currently has the higher Sharpe Ratio (1.48 vs 0.36), 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.