PSCI vs. RBLD

Last updated Jun 25, 2026

PSCI (Invesco S&P SmallCap Industrials ETF) and RBLD (First Trust Alerian U.S. NextGen Infrastructure ETF) are both Industrials Equities funds - PSCI tracks the S&P SmallCap 600 Industrials Index while RBLD tracks the Alerian US NextGen Infrastructure Index - Benchmark TR Net. Both are passively managed. Over the past 10 years, PSCI returned 16.00%/yr vs 9.17%/yr for RBLD. A 0.69 correlation means they provide meaningful diversification when combined. PSCI charges 0.29%/yr vs 0.65%/yr for RBLD.

Performance

PSCI vs. RBLD - 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 Alerian U.S. NextGen Infrastructure ETF (RBLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PSCI having a 20.68% return and RBLD slightly lower at 20.20%. Over the past 10 years, PSCI has outperformed RBLD with an annualized return of 16.00%, while RBLD has yielded a comparatively lower 9.17% annualized return.

PSCI

• 1D: 1.61%
• 1M: 7.61%
• YTD: 20.68%
• 6M: 17.35%
• 1Y: 41.01%
• 3Y*: 23.13%
• 5Y*: 14.99%
• 10Y*: 16.00%

RBLD

• 1D: 0.36%
• 1M: 1.58%
• YTD: 20.20%
• 6M: 18.74%
• 1Y: 27.47%
• 3Y*: 21.91%
• 5Y*: 11.72%
• 10Y*: 9.17%

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

PSCI vs. RBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCI Invesco S&P SmallCap Industrials ETF	20.68%	13.50%	16.68%	31.64%	-9.02%	24.44%	12.02%	29.80%	-13.20%	17.52%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	20.20%	13.99%	17.94%	19.36%	-9.87%	12.98%	0.51%	12.81%	-21.72%	22.95%

Correlation

The correlation between PSCI and RBLD 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	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 7, 2010	0.69

The correlation between PSCI and RBLD shifts across timeframes, from 0.69 (all time) to 0.84 (3 years), reflecting how their relationship changes across market environments.

PSCI vs. RBLD - Sectors Allocation Comparison

Sectors	PSCI	RBLD
Industrials	83.2%	40.4%
Technology	6.9%	11.8%
Consumer Cyclical	5.2%	-
Energy	1.8%	8.7%
Real Estate	0.9%	4.9%
Basic Materials	0.9%	6.6%
Healthcare	0.5%	-
Communication Services	0.3%	1.0%
Financial Services	0.1%	-
Consumer Defensive	-	-
Utilities	-	27.6%

Return for Risk

PSCI vs. RBLD — Risk / Return Rank

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

PSCI

PSCI Risk / Return Rank: 64
PSCI Sharpe Ratio Rank: 67
PSCI Sortino Ratio Rank: 69
PSCI Omega Ratio Rank: 60
PSCI Calmar Ratio Rank: 63
PSCI Martin Ratio Rank: 59

RBLD

RBLD Risk / Return Rank: 72
RBLD Sharpe Ratio Rank: 70
RBLD Sortino Ratio Rank: 67
RBLD Omega Ratio Rank: 63
RBLD Calmar Ratio Rank: 82
RBLD Martin Ratio Rank: 77

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. RBLD - 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 Alerian U.S. NextGen Infrastructure ETF (RBLD). 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	RBLD	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.99	-0.06
Sortino ratio: Return per unit of downside risk	2.78	2.68	+0.10
Omega ratio: Gain probability vs. loss probability	1.33	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.77	3.84	-1.07
Martin ratio: Return relative to average drawdown	9.42	13.03	-3.61

PSCI vs. RBLD - Sharpe Ratio Comparison

The current PSCI Sharpe Ratio is 1.92, which is comparable to the RBLD Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of PSCI and RBLD, 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. RBLD - Drawdown Comparison

The maximum PSCI drawdown since its inception was -45.55%, smaller than the maximum RBLD drawdown of -50.07%. Use the drawdown chart below to compare losses from any high point for PSCI and RBLD.

Drawdown Indicators

	PSCI	RBLD	Difference
Max Drawdown Largest peak-to-trough decline	-45.55%	-50.07%	+4.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.88%	-7.19%	-7.69%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-19.14%	-10.22%
Max Drawdown (5Y) Largest decline over 5 years	-29.36%	-22.54%	-6.82%
Max Drawdown (10Y) Largest decline over 10 years	-45.55%	-50.07%	+4.52%
Current Drawdown Current decline from peak	-0.15%	-1.08%	+0.93%
Average Drawdown Average peak-to-trough decline	-6.89%	-10.81%	+3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.37%	2.11%	+2.26%

Volatility

PSCI vs. RBLD - Volatility Comparison

Invesco S&P SmallCap Industrials ETF (PSCI) has a higher volatility of 5.89% compared to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) at 4.87%. This indicates that PSCI's price experiences larger fluctuations and is considered to be riskier than RBLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCI	RBLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	4.87%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	15.87%	10.87%	+5.00%
Volatility (1Y) Calculated over the trailing 1-year period	21.44%	13.93%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.00%	16.84%	+6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.25%	18.61%	+6.64%

PSCI vs. RBLD - Expense Ratio Comparison

PSCI has a 0.29% expense ratio, which is lower than RBLD's 0.65% expense ratio.

Dividends

PSCI vs. RBLD - Dividend Comparison

PSCI's dividend yield for the trailing twelve months is around 1.31%, more than RBLD's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	1.01%	1.19%	1.31%	1.16%	2.10%	1.45%	2.88%	1.84%	1.74%	1.49%	2.01%	1.17%

Frequently Asked Questions

Can I hold both PSCI and RBLD in my portfolio?

PSCI and RBLD 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 RBLD?

PSCI has higher volatility (5.89%) compared to RBLD (4.87%). In terms of maximum drawdown, PSCI dropped -45.55% vs RBLD's -50.07%.

Which ETF is better, PSCI or RBLD?

On 10-year performance, PSCI leads with 16.00% vs 9.17% for RBLD. On fees, PSCI is cheaper at 0.29% per year. On volatility, RBLD has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCI or RBLD?

Over the 10-year period, PSCI has performed better with a 16.00% return vs 9.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCI or RBLD?

PSCI is cheaper with a 0.29% expense ratio, compared with 0.65% for RBLD.

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

PSCI has the higher dividend yield at 1.31%, compared with 1.01% for RBLD.

What is the main difference between PSCI and RBLD?

PSCI tracks S&P SmallCap 600 Industrials Index, while RBLD tracks Alerian US NextGen Infrastructure Index - Benchmark TR Net. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.29% for PSCI and 0.65% for RBLD.

Which has better risk-adjusted returns?

RBLD currently has the higher Sharpe Ratio (1.99 vs 1.92), 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.