PSCD vs. TMH

Last updated Jun 24, 2026

PSCD (Invesco S&P SmallCap Consumer Discretionary ETF) and TMH (Toyota Motor Corporation ADRhedged) are both Consumer Discretionary Equities funds - PSCD tracks the S&P Small Cap 600 / Consumer Discretionary -SEC while TMH tracks the Toyota Motor Corporation Local Shares Total Return. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. PSCD charges 0.29%/yr vs 0.19%/yr for TMH.

Performance

PSCD vs. TMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Toyota Motor Corporation ADRhedged (TMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PSCD

• 1D: -0.09%
• 1M: 8.14%
• YTD: 9.16%
• 6M: 7.71%
• 1Y: 14.94%
• 3Y*: 10.29%
• 5Y*: 0.67%
• 10Y*: 10.44%

TMH

• 1D: -1.80%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCD vs. TMH - Yearly Performance Comparison

	2026 (YTD)
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	4.74%
TMH Toyota Motor Corporation ADRhedged	-9.71%

Correlation

The correlation between PSCD and TMH is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.49

Return for Risk

PSCD vs. TMH — Risk / Return Rank

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

PSCD

PSCD Risk / Return Rank: 20
PSCD Sharpe Ratio Rank: 19
PSCD Sortino Ratio Rank: 21
PSCD Omega Ratio Rank: 19
PSCD Calmar Ratio Rank: 20
PSCD Martin Ratio Rank: 20

TMH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

PSCD vs. TMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Toyota Motor Corporation ADRhedged (TMH). 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.

	PSCD	TMH	Difference
Sharpe ratio: Return per unit of total volatility	0.62	—	—
Sortino ratio: Return per unit of downside risk	1.08	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.88	—	—
Martin ratio: Return relative to average drawdown	2.16	—	—

Drawdowns

PSCD vs. TMH - Drawdown Comparison

The maximum PSCD drawdown since its inception was -56.57%, which is greater than TMH's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for PSCD and TMH.

Drawdown Indicators

	PSCD	TMH	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-10.20%	-46.37%
Max Drawdown (1Y) Largest decline over 1 year	-17.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.57%	—	—
Current Drawdown Current decline from peak	-3.38%	-10.20%	+6.82%
Average Drawdown Average peak-to-trough decline	-11.31%	-5.78%	-5.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.93%	—	—

Volatility

Volatility by Period

	PSCD	TMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.33%	25.94%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.80%	25.94%	+1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.09%	25.94%	+3.15%

PSCD vs. TMH - Expense Ratio Comparison

PSCD has a 0.29% expense ratio, which is higher than TMH's 0.19% expense ratio.

Dividends

PSCD vs. TMH - Dividend Comparison

PSCD's dividend yield for the trailing twelve months is around 1.03%, less than TMH's 5.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	1.03%	0.94%	1.28%	1.09%	1.60%	0.57%	0.56%	0.91%	1.39%	0.97%	1.07%	1.10%
TMH Toyota Motor Corporation ADRhedged	5.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSCD and TMH in my portfolio?

PSCD and TMH have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSCD or TMH?

On fees, TMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSCD or TMH?

TMH is cheaper with a 0.19% expense ratio, compared with 0.29% for PSCD.

Which ETF pays a higher dividend yield, PSCD or TMH?

TMH has the higher dividend yield at 5.28%, compared with 1.03% for PSCD.

What is the main difference between PSCD and TMH?

PSCD tracks S&P Small Cap 600 / Consumer Discretionary -SEC, while TMH tracks Toyota Motor Corporation Local Shares Total Return. They also come from different issuers: Invesco and ADRhedged. Their fees differ too: 0.29% for PSCD and 0.19% for TMH.