PSCE vs. PBOG
PSCE (Invesco S&P SmallCap Energy ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - PSCE tracks the S&P SmallCap 600 Energy Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. A 0.80 correlation means they provide meaningful diversification when combined. PSCE charges 0.29%/yr vs 0.13%/yr for PBOG.
Performance
PSCE vs. PBOG - Performance Comparison
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Returns By Period
In the year-to-date period, PSCE achieves a 32.45% return, which is significantly higher than PBOG's 20.03% return.
PSCE
- 1D
- 1.31%
- 1M
- -9.77%
- YTD
- 32.45%
- 6M
- 32.62%
- 1Y
- 40.46%
- 3Y*
- 10.33%
- 5Y*
- 8.83%
- 10Y*
- -2.41%
PBOG
- 1D
- 1.27%
- 1M
- -9.96%
- YTD
- 20.03%
- 6M
- 21.88%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSCE vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PSCE Invesco S&P SmallCap Energy ETF | 32.45% | 1.62% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 20.03% | 1.39% |
Correlation
The correlation between PSCE and PBOG is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.80 |
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Return for Risk
PSCE vs. PBOG — Risk / Return Rank
PSCE
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PSCE vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Energy ETF (PSCE) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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.
| PSCE | PBOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | — | — |
| Martin ratioReturn relative to average drawdown | 9.94 | — | — |
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Drawdowns
PSCE vs. PBOG - Drawdown Comparison
The maximum PSCE drawdown since its inception was -96.21%, which is greater than PBOG's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for PSCE and PBOG.
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Drawdown Indicators
| PSCE | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.21% | -16.46% | -79.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | — | — |
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 | -76.47% | -15.40% | -61.07% |
Average DrawdownAverage peak-to-trough decline | -58.87% | -3.78% | -55.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | — | — |
Volatility
PSCE vs. PBOG - Volatility Comparison
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Volatility by Period
| PSCE | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.87% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.98% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.56% | 24.04% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.40% | 24.04% | +13.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.22% | 24.04% | +19.18% |
PSCE vs. PBOG - Expense Ratio Comparison
PSCE has a 0.29% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
PSCE vs. PBOG - Dividend Comparison
PSCE's dividend yield for the trailing twelve months is around 2.72%, more than PBOG's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.14% | 0.17% | 0.00% | 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 | 2.72% | 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 PBOG have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBOG is cheaper with a 0.13% expense ratio, compared with 0.29% for PSCE.
PSCE has the higher dividend yield at 2.72%, compared with 0.14% for PBOG.
PSCE tracks S&P SmallCap 600 Energy Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: Invesco and Portfolio Building Blocks. Their fees differ too: 0.29% for PSCE and 0.13% for PBOG.
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