PSCE vs. LDRT
PSCE (Invesco S&P SmallCap Energy ETF) and LDRT (iShares iBonds 1-5 Year Treasury Ladder ETF) are both exchange-traded funds - PSCE is a Energy Equities fund tracking the S&P SmallCap 600 Energy Index, while LDRT is a Government Bonds fund tracking the BlackRock iBonds® 1-5 Year Treasury Ladder Index. Both are passively managed. Over the past year, PSCE returned 61.94% vs 3.88% for LDRT. At a correlation of -0.22, they often move in opposite directions. PSCE charges 0.29%/yr vs 0.07%/yr for LDRT.
Performance
PSCE vs. LDRT - Performance Comparison
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Returns By Period
In the year-to-date period, PSCE achieves a 42.33% return, which is significantly higher than LDRT's 0.72% return.
PSCE
- 1D
- 0.29%
- 1M
- -4.35%
- YTD
- 42.33%
- 6M
- 34.80%
- 1Y
- 61.94%
- 3Y*
- 12.72%
- 5Y*
- 10.77%
- 10Y*
- -1.45%
LDRT
- 1D
- -0.06%
- 1M
- 0.06%
- YTD
- 0.72%
- 6M
- 0.95%
- 1Y
- 3.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSCE vs. LDRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PSCE Invesco S&P SmallCap Energy ETF | 42.33% | -9.00% | -6.84% |
LDRT iShares iBonds 1-5 Year Treasury Ladder ETF | 0.72% | 5.55% | 0.44% |
Correlation
The correlation between PSCE and LDRT is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024 | -0.22 |
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Return for Risk
PSCE vs. LDRT — Risk / Return Rank
PSCE
LDRT
PSCE vs. LDRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Energy ETF (PSCE) and iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT). 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.
| PSCE | LDRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 6.61 | 3.50 | +3.11 |
| Martin ratioReturn relative to average drawdown | 16.61 | 9.35 | +7.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PSCE | LDRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 1.39 | +0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 1.55 | -1.64 |
Drawdowns
PSCE vs. LDRT - Drawdown Comparison
The maximum PSCE drawdown since its inception was -96.21%, which is greater than LDRT's maximum drawdown of -1.11%. Use the drawdown chart below to compare losses from any high point for PSCE and LDRT.
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Drawdown Indicators
| PSCE | LDRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.21% | -1.11% | -95.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.41% | -1.11% | -8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -44.57% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -45.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.70% | — | — |
Current DrawdownCurrent decline from peak | -74.71% | -0.52% | -74.19% |
Average DrawdownAverage peak-to-trough decline | -58.83% | -0.32% | -58.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 0.42% | +3.32% |
Volatility
PSCE vs. LDRT - Volatility Comparison
Invesco S&P SmallCap Energy ETF (PSCE) has a higher volatility of 7.96% compared to iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT) at 0.88%. This indicates that PSCE's price experiences larger fluctuations and is considered to be riskier than LDRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSCE | LDRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 0.88% | +7.08% |
Volatility (6M)Calculated over the trailing 6-month period | 18.54% | 1.65% | +16.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.01% | 2.80% | +24.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.44% | 2.79% | +34.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.26% | 2.79% | +40.47% |
PSCE vs. LDRT - Expense Ratio Comparison
PSCE has a 0.29% expense ratio, which is higher than LDRT's 0.07% expense ratio.
Dividends
PSCE vs. LDRT - Dividend Comparison
PSCE's dividend yield for the trailing twelve months is around 1.84%, less than LDRT's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDRT iShares iBonds 1-5 Year Treasury Ladder ETF | 4.09% | 3.86% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSCE Invesco S&P SmallCap Energy ETF | 1.84% | 2.39% | 1.70% | 2.57% | 1.70% | 0.46% | 0.87% | 0.14% | 0.22% | 0.04% | 0.22% | 0.82% |
Frequently Asked Questions
PSCE and LDRT have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSCE has higher volatility (7.96%) compared to LDRT (0.88%). In terms of maximum drawdown, PSCE dropped -96.21% vs LDRT's -1.11%.
On 1-year performance, PSCE leads with 61.94% vs 3.88% for LDRT. On fees, LDRT is cheaper at 0.07% per year. On volatility, LDRT has been the lower-risk option at 0.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PSCE has performed better with a 61.94% return vs 3.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LDRT is cheaper with a 0.07% expense ratio, compared with 0.29% for PSCE.
LDRT has the higher dividend yield at 4.09%, compared with 1.84% for PSCE.
PSCE is categorized as Energy Equities, while LDRT is Government Bonds. PSCE tracks S&P SmallCap 600 Energy Index, while LDRT tracks BlackRock iBonds® 1-5 Year Treasury Ladder Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for PSCE and 0.07% for LDRT.
PSCE currently has the higher Sharpe Ratio (2.32 vs 1.39), 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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