PSCD vs. PSCT
Compare and contrast key facts about Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Invesco S&P SmallCap Information Technology ETF (PSCT).
PSCD and PSCT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSCD is a passively managed fund by Invesco that tracks the performance of the S&P Small Cap 600 / Consumer Discretionary -SEC. It was launched on Apr 7, 2010. PSCT is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Information Technology Index. It was launched on Apr 7, 2010. Both PSCD and PSCT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSCD or PSCT.
Key characteristics
| PSCD | PSCT | |
|---|---|---|
| YTD Return | 10.84% | 4.32% |
| 1Y Return | 37.33% | 21.44% |
| 3Y Return (Ann) | -0.18% | -0.24% |
| 5Y Return (Ann) | 14.27% | 10.16% |
| 10Y Return (Ann) | 10.15% | 12.21% |
| Sharpe Ratio | 1.61 | 1.00 |
| Sortino Ratio | 2.38 | 1.51 |
| Omega Ratio | 1.28 | 1.19 |
| Calmar Ratio | 1.25 | 1.18 |
| Martin Ratio | 8.13 | 3.57 |
| Ulcer Index | 4.81% | 6.92% |
| Daily Std Dev | 24.24% | 24.63% |
| Max Drawdown | -56.57% | -40.44% |
| Current Drawdown | -5.12% | -3.58% |
Correlation
The correlation between PSCD and PSCT is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PSCD vs. PSCT - Performance Comparison
In the year-to-date period, PSCD achieves a 10.84% return, which is significantly higher than PSCT's 4.32% return. Over the past 10 years, PSCD has underperformed PSCT with an annualized return of 10.15%, while PSCT has yielded a comparatively higher 12.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PSCD vs. PSCT - Expense Ratio Comparison
Both PSCD and PSCT have an expense ratio of 0.29%.
Risk-Adjusted Performance
PSCD vs. PSCT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Invesco S&P SmallCap Information Technology ETF (PSCT). 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
PSCD vs. PSCT - Dividend Comparison
PSCD's dividend yield for the trailing twelve months is around 1.29%, more than PSCT's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSCD Invesco S&P SmallCap Consumer Discretionary ETF | 1.29% | 1.09% | 1.60% | 0.57% | 0.55% | 0.91% | 1.39% | 0.97% | 1.06% | 1.10% | 0.69% | 0.43% |
PSCT Invesco S&P SmallCap Information Technology ETF | 0.03% | 0.02% | 0.00% | 0.01% | 0.08% | 0.22% | 0.47% | 0.19% | 0.25% | 0.15% | 0.13% | 0.21% |
Drawdowns
PSCD vs. PSCT - Drawdown Comparison
The maximum PSCD drawdown since its inception was -56.57%, which is greater than PSCT's maximum drawdown of -40.44%. Use the drawdown chart below to compare losses from any high point for PSCD and PSCT. For additional features, visit the drawdowns tool.
Volatility
PSCD vs. PSCT - Volatility Comparison
The current volatility for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is 5.78%, while Invesco S&P SmallCap Information Technology ETF (PSCT) has a volatility of 7.67%. This indicates that PSCD experiences smaller price fluctuations and is considered to be less risky than PSCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.