PSCI vs. UBSI

Last updated Jun 24, 2026

PSCI (Invesco S&P SmallCap Industrials ETF) is Industrials Equities fund tracking the S&P SmallCap 600 Industrials Index, while UBSI (United Bankshares, Inc.) is a stock. Over the past 10 years, PSCI returned 15.82%/yr vs 6.35%/yr for UBSI. A 0.66 correlation means they provide meaningful diversification when combined.

Performance

PSCI vs. UBSI - Performance Comparison

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

Returns By Period

In the year-to-date period, PSCI achieves a 18.77% return, which is significantly lower than UBSI's 20.11% return. Over the past 10 years, PSCI has outperformed UBSI with an annualized return of 15.82%, while UBSI has yielded a comparatively lower 6.35% annualized return.

PSCI

• 1D: -1.73%
• 1M: 5.91%
• YTD: 18.77%
• 6M: 15.85%
• 1Y: 40.48%
• 3Y*: 22.48%
• 5Y*: 14.78%
• 10Y*: 15.82%

UBSI

• 1D: 0.76%
• 1M: 5.58%
• YTD: 20.11%
• 6M: 16.68%
• 1Y: 30.99%
• 3Y*: 20.16%
• 5Y*: 7.65%
• 10Y*: 6.35%

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

PSCI vs. UBSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCI Invesco S&P SmallCap Industrials ETF	18.77%	13.50%	16.68%	31.64%	-9.02%	24.44%	12.02%	29.80%	-13.20%	17.52%
UBSI United Bankshares, Inc.	20.11%	6.50%	4.26%	-3.17%	16.06%	16.34%	-11.68%	28.84%	-7.08%	-22.13%

Correlation

The correlation between PSCI and UBSI is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Apr 7, 2010	0.66

The correlation between PSCI and UBSI shifts across timeframes, from 0.56 (1 year) to 0.67 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

PSCI vs. UBSI — Risk / Return Rank

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

PSCI

PSCI Risk / Return Rank: 59
PSCI Sharpe Ratio Rank: 61
PSCI Sortino Ratio Rank: 63
PSCI Omega Ratio Rank: 55
PSCI Calmar Ratio Rank: 59
PSCI Martin Ratio Rank: 56

UBSI

UBSI Risk / Return Rank: 77
UBSI Sharpe Ratio Rank: 80
UBSI Sortino Ratio Rank: 75
UBSI Omega Ratio Rank: 75
UBSI Calmar Ratio Rank: 78
UBSI Martin Ratio Rank: 80

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. UBSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Industrials ETF (PSCI) and United Bankshares, Inc. (UBSI). 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	UBSI	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.33	+0.57
Sortino ratio: Return per unit of downside risk	2.75	1.93	+0.82
Omega ratio: Gain probability vs. loss probability	1.32	1.25	+0.08
Calmar ratio: Return relative to maximum drawdown	2.73	2.27	+0.47
Martin ratio: Return relative to average drawdown	9.29	6.17	+3.12

PSCI vs. UBSI - Sharpe Ratio Comparison

The current PSCI Sharpe Ratio is 1.90, which is higher than the UBSI Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of PSCI and UBSI, 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. UBSI - Drawdown Comparison

The maximum PSCI drawdown since its inception was -45.55%, smaller than the maximum UBSI drawdown of -62.13%. Use the drawdown chart below to compare losses from any high point for PSCI and UBSI.

Drawdown Indicators

	PSCI	UBSI	Difference
Max Drawdown Largest peak-to-trough decline	-45.55%	-62.13%	+16.58%
Max Drawdown (1Y) Largest decline over 1 year	-14.88%	-13.73%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-25.77%	-3.59%
Max Drawdown (5Y) Largest decline over 5 years	-29.36%	-38.12%	+8.76%
Max Drawdown (10Y) Largest decline over 10 years	-45.55%	-52.40%	+6.85%
Current Drawdown Current decline from peak	-1.73%	-0.79%	-0.94%
Average Drawdown Average peak-to-trough decline	-6.89%	-13.76%	+6.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.37%	5.03%	-0.66%

Volatility

PSCI vs. UBSI - Volatility Comparison

The current volatility for Invesco S&P SmallCap Industrials ETF (PSCI) is 5.81%, while United Bankshares, Inc. (UBSI) has a volatility of 6.30%. This indicates that PSCI experiences smaller price fluctuations and is considered to be less risky than UBSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCI	UBSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.81%	6.30%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	15.80%	15.99%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	21.44%	23.50%	-2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.00%	28.71%	-5.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.25%	32.43%	-7.18%

Dividends

PSCI vs. UBSI - Dividend Comparison

PSCI's dividend yield for the trailing twelve months is around 1.33%, less than UBSI's 3.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCI Invesco S&P SmallCap Industrials ETF	1.33%	1.56%	0.65%	0.72%	0.87%	0.69%	0.59%	0.64%	0.67%	0.71%	0.74%	1.02%
UBSI United Bankshares, Inc.	3.33%	3.88%	3.94%	3.86%	3.56%	3.89%	4.32%	3.54%	4.37%	3.83%	2.85%	3.49%

Frequently Asked Questions

Can I hold both PSCI and UBSI in my portfolio?

PSCI and UBSI have a correlation of 0.56, 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 UBSI?

UBSI has higher volatility (6.30%) compared to PSCI (5.81%). In terms of maximum drawdown, PSCI dropped -45.55% vs UBSI's -62.13%.

Which has better risk-adjusted returns?

PSCI currently has the higher Sharpe Ratio (1.90 vs 1.33), 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.