PSCH vs. IWY
Compare and contrast key facts about Invesco S&P SmallCap Health Care ETF (PSCH) and iShares Russell Top 200 Growth ETF (IWY).
PSCH and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSCH is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Health Care Index. It was launched on Apr 7, 2010. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both PSCH and IWY 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: PSCH or IWY.
Correlation
The correlation between PSCH and IWY is 0.71, 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
PSCH vs. IWY - Performance Comparison
Loading data...
Key characteristics
PSCH:
-0.28
IWY:
0.47
PSCH:
-0.21
IWY:
0.82
PSCH:
0.97
IWY:
1.12
PSCH:
-0.15
IWY:
0.52
PSCH:
-0.78
IWY:
1.67
PSCH:
8.18%
IWY:
7.18%
PSCH:
24.19%
IWY:
24.97%
PSCH:
-47.32%
IWY:
-32.68%
PSCH:
-39.01%
IWY:
-10.79%
Returns By Period
In the year-to-date period, PSCH achieves a -9.30% return, which is significantly lower than IWY's -7.30% return. Over the past 10 years, PSCH has underperformed IWY with an annualized return of 6.10%, while IWY has yielded a comparatively higher 16.48% annualized return.
PSCH
-9.30%
3.83%
-15.78%
-6.32%
0.44%
6.10%
IWY
-7.30%
8.55%
-6.03%
11.69%
17.93%
16.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSCH vs. IWY - Expense Ratio Comparison
PSCH has a 0.29% expense ratio, which is higher than IWY's 0.20% expense ratio.
Risk-Adjusted Performance
PSCH vs. IWY — Risk-Adjusted Performance Rank
PSCH
IWY
PSCH vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Health Care ETF (PSCH) and iShares Russell Top 200 Growth ETF (IWY). 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.
Loading data...
Dividends
PSCH vs. IWY - Dividend Comparison
PSCH's dividend yield for the trailing twelve months is around 0.24%, less than IWY's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSCH Invesco S&P SmallCap Health Care ETF | 0.24% | 0.27% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 1.02% |
IWY iShares Russell Top 200 Growth ETF | 0.45% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
Drawdowns
PSCH vs. IWY - Drawdown Comparison
The maximum PSCH drawdown since its inception was -47.32%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for PSCH and IWY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
PSCH vs. IWY - Volatility Comparison
The current volatility for Invesco S&P SmallCap Health Care ETF (PSCH) is 7.84%, while iShares Russell Top 200 Growth ETF (IWY) has a volatility of 8.29%. This indicates that PSCH experiences smaller price fluctuations and is considered to be less risky than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...