PSCI vs. FTXR

Last updated Jul 17, 2026

PSCI (Invesco S&P SmallCap Industrials ETF) and FTXR (First Trust Nasdaq Transportation ETF) are both Industrials Equities funds - PSCI tracks the S&P SmallCap 600 Industrials Index while FTXR tracks the Nasdaq U.S. Smart Transportation Index. Both are passively managed. Over the past 5 years, PSCI returned 16.61%/yr vs 9.44%/yr for FTXR. A 0.71 correlation means they provide meaningful diversification when combined. PSCI charges 0.29%/yr vs 0.60%/yr for FTXR.

Performance

PSCI vs. FTXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Industrials ETF (PSCI) and First Trust Nasdaq Transportation ETF (FTXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCI achieves a 21.32% return, which is significantly higher than FTXR's 18.26% return.

PSCI

• 1D: 1.19%
• 1M: 2.26%
• 6M: 9.74%
• YTD: 21.32%
• 1Y: 33.84%
• 3Y*: 21.25%
• 5Y*: 16.61%
• 10Y*: 15.12%

FTXR

• 1D: 1.78%
• 1M: 1.36%
• 6M: 12.83%
• YTD: 18.26%
• 1Y: 41.03%
• 3Y*: 16.12%
• 5Y*: 9.44%
• 10Y*: —

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

PSCI vs. FTXR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCI Invesco S&P SmallCap Industrials ETF	21.32%	13.50%	16.68%	31.64%	-9.02%	24.44%	12.02%	29.80%	-13.20%	17.52%
FTXR First Trust Nasdaq Transportation ETF	18.26%	14.70%	17.09%	20.93%	-25.38%	24.02%	15.03%	14.82%	-15.27%	15.82%

Correlation

The correlation between PSCI and FTXR is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016	0.71

The correlation between PSCI and FTXR shifts across timeframes, from 0.71 (all time) to 0.81 (5 years), reflecting how their relationship changes across market environments.

PSCI vs. FTXR - Sectors Allocation Comparison

Sectors	PSCI	FTXR
Industrials	81.5%	64.7%
Technology	8.4%	-
Consumer Cyclical	4.6%	34.8%
Energy	1.8%	0.5%
Basic Materials	1.8%	-
Real Estate	0.9%	-
Healthcare	0.5%	-
Communication Services	0.3%	-
Financial Services	0.1%	-
Consumer Defensive	-	-
Utilities	-	-

Return for Risk

PSCI vs. FTXR — Risk / Return Rank

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

PSCI

PSCI Risk / Return Rank: 57
PSCI Sharpe Ratio Rank: 58
PSCI Sortino Ratio Rank: 63
PSCI Omega Ratio Rank: 54
PSCI Calmar Ratio Rank: 57
PSCI Martin Ratio Rank: 56

FTXR

FTXR Risk / Return Rank: 71
FTXR Sharpe Ratio Rank: 75
FTXR Sortino Ratio Rank: 75
FTXR Omega Ratio Rank: 67
FTXR Calmar Ratio Rank: 70
FTXR Martin Ratio Rank: 68

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.

PSCI vs. FTXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Industrials ETF (PSCI) and First Trust Nasdaq Transportation ETF (FTXR). 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.

	PSCI	FTXR	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.91	-0.33
Sortino ratio: Return per unit of downside risk	2.34	2.68	-0.34
Omega ratio: Gain probability vs. loss probability	1.27	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	2.28	2.84	-0.56
Martin ratio: Return relative to average drawdown	7.65	9.65	-2.00

PSCI vs. FTXR - Sharpe Ratio Comparison

The current PSCI Sharpe Ratio is 1.58, which is comparable to the FTXR Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of PSCI and FTXR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSCI vs. FTXR - Drawdown Comparison

The maximum PSCI drawdown since its inception was -45.55%, smaller than the maximum FTXR drawdown of -52.06%. Use the drawdown chart below to compare losses from any high point for PSCI and FTXR.

Drawdown Indicators

	PSCI	FTXR	Difference
Max Drawdown Largest peak-to-trough decline	-45.55%	-52.06%	+6.51%
Max Drawdown (1Y) Largest decline over 1 year	-14.88%	-14.49%	-0.39%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-29.71%	+0.35%
Max Drawdown (5Y) Largest decline over 5 years	-29.36%	-33.96%	+4.60%
Max Drawdown (10Y) Largest decline over 10 years	-45.55%	—	—
Current Drawdown Current decline from peak	-2.39%	0.00%	-2.39%
Average Drawdown Average peak-to-trough decline	-6.87%	-10.94%	+4.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.43%	4.26%	+0.17%

Volatility

PSCI vs. FTXR - Volatility Comparison

Invesco S&P SmallCap Industrials ETF (PSCI) and First Trust Nasdaq Transportation ETF (FTXR) have volatilities of 5.76% and 5.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCI	FTXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	5.51%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	15.92%	17.27%	-1.35%
Volatility (1Y) Calculated over the trailing 1-year period	21.57%	21.59%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.98%	23.97%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.22%	24.71%	+0.51%

PSCI vs. FTXR - Expense Ratio Comparison

PSCI has a 0.29% expense ratio, which is lower than FTXR's 0.60% expense ratio.

Dividends

PSCI vs. FTXR - Dividend Comparison

PSCI's dividend yield for the trailing twelve months is around 1.31%, more than FTXR's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTXR First Trust Nasdaq Transportation ETF	0.95%	1.52%	2.13%	1.50%	2.38%	0.67%	0.33%	1.34%	1.74%	1.18%	0.24%	0.00%
PSCI Invesco S&P SmallCap Industrials ETF	1.31%	1.56%	0.65%	0.72%	0.87%	0.69%	0.59%	0.64%	0.67%	0.71%	0.74%	1.02%

Frequently Asked Questions

Can I hold both PSCI and FTXR in my portfolio?

PSCI and FTXR have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCI or FTXR?

PSCI has higher volatility (5.76%) compared to FTXR (5.51%). In terms of maximum drawdown, PSCI dropped -45.55% vs FTXR's -52.06%.

Which ETF is better, PSCI or FTXR?

On 5-year performance, PSCI leads with 16.61% vs 9.44% for FTXR. On fees, PSCI is cheaper at 0.29% per year. On volatility, FTXR has been the lower-risk option at 5.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCI or FTXR?

Over the 5-year period, PSCI has performed better with a 16.61% return vs 9.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCI or FTXR?

PSCI is cheaper with a 0.29% expense ratio, compared with 0.60% for FTXR.

Which ETF pays a higher dividend yield, PSCI or FTXR?

PSCI has the higher dividend yield at 1.31%, compared with 0.95% for FTXR.

What is the main difference between PSCI and FTXR?

PSCI tracks S&P SmallCap 600 Industrials Index, while FTXR tracks Nasdaq U.S. Smart Transportation Index. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.29% for PSCI and 0.60% for FTXR.

Which has better risk-adjusted returns?

FTXR currently has the higher Sharpe Ratio (1.91 vs 1.58), 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.