PSCT vs. QGRO

Last updated Aug 4, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and QGRO (American Century U.S. Quality Growth ETF) are both exchange-traded funds - PSCT is a Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while QGRO is a Quality Factor fund tracking the American Century U.S. Quality Growth Index. Both are passively managed. Over the past 5 years, PSCT returned 11.74%/yr vs 9.69%/yr for QGRO. Their 0.80 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.29% expense ratio.

Performance

PSCT vs. QGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) and American Century U.S. Quality Growth ETF (QGRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCT achieves a 44.12% return, which is significantly higher than QGRO's 1.31% return.

PSCT

• 1D: 2.46%
• 1M: -3.00%
• 6M: 33.61%
• YTD: 44.12%
• 1Y: 84.26%
• 3Y*: 20.19%
• 5Y*: 11.74%
• 10Y*: 15.28%
• ALL TIME*: 15.08%

QGRO

• 1D: 1.31%
• 1M: -0.28%
• 6M: 2.39%
• YTD: 1.31%
• 1Y: 7.84%
• 3Y*: 19.28%
• 5Y*: 9.69%
• 10Y*: —
• ALL TIME*: 14.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PSCT Invesco S&P SmallCap Information Technology ETF	$3.19M	$3.50M	$3.45M
QGRO American Century U.S. Quality Growth ETF	$8.71M	$8.72M	$14.21M

PSCT vs. QGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PSCT Invesco S&P SmallCap Information Technology ETF	44.12%	18.63%	-1.06%	20.81%	-22.50%	26.26%	27.79%	39.38%	-20.13%
QGRO American Century U.S. Quality Growth ETF	1.31%	15.18%	31.42%	32.42%	-24.54%	24.57%	37.99%	35.09%	-16.08%

Correlation

The correlation between PSCT and QGRO is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018	0.80

The correlation between PSCT and QGRO has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.

PSCT vs. QGRO - Sectors Allocation Comparison

Sectors	PSCT	QGRO
Technology	93.7%	42.5%
Energy	3.8%	1.2%
Financial Services	3.5%	3.9%
Industrials	2.8%	12.3%
Basic Materials	-	0.2%
Communication Services	-	15.2%
Consumer Cyclical	-	8.3%
Consumer Defensive	-	3.3%
Healthcare	-	11.6%
Real Estate	-	0.8%
Utilities	-	0.8%

Return for Risk

PSCT vs. QGRO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSCT

PSCT Risk / Return Rank: 90
PSCT Sharpe Ratio Rank: 92
PSCT Sortino Ratio Rank: 87
PSCT Omega Ratio Rank: 84
PSCT Calmar Ratio Rank: 93
PSCT Martin Ratio Rank: 92

QGRO

QGRO Risk / Return Rank: 22
QGRO Sharpe Ratio Rank: 23
QGRO Sortino Ratio Rank: 22
QGRO Omega Ratio Rank: 21
QGRO Calmar Ratio Rank: 21
QGRO Martin Ratio Rank: 25

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSCT vs. QGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) and American Century U.S. Quality Growth ETF (QGRO). 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.

	PSCT	QGRO	Difference
Sharpe ratio: Return per unit of total volatility	2.50	0.49	+2.01
Sortino ratio: Return per unit of downside risk	2.98	0.78	+2.20
Omega ratio: Gain probability vs. loss probability	1.38	1.09	+0.28
Calmar ratio: Return relative to maximum drawdown	4.61	0.58	+4.03
Martin ratio: Return relative to average drawdown	16.42	1.90	+14.51

PSCT vs. QGRO - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.50, which is higher than the QGRO Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of PSCT and QGRO, 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

PSCT vs. QGRO - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, which is greater than QGRO's maximum drawdown of -32.56%. Use the drawdown chart below to compare losses from any high point for PSCT and QGRO.

Drawdown Indicators

	PSCT	QGRO	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-32.56%	-7.88%
Max Drawdown (1Y) Largest decline over 1 year	-18.36%	-13.54%	-4.82%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	-23.82%	-10.14%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	-31.86%	-2.94%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-11.72%	-2.05%	-9.67%
Average Drawdown Average peak-to-trough decline	-7.91%	-7.56%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.15%	4.13%	+1.02%

Volatility

PSCT vs. QGRO - Volatility Comparison

Invesco S&P SmallCap Information Technology ETF (PSCT) has a higher volatility of 10.70% compared to American Century U.S. Quality Growth ETF (QGRO) at 4.19%. This indicates that PSCT's price experiences larger fluctuations and is considered to be riskier than QGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCT	QGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.70%	4.19%	+6.51%
Volatility (6M) Calculated over the trailing 6-month period	26.44%	12.83%	+13.61%
Volatility (1Y) Calculated over the trailing 1-year period	33.95%	16.20%	+17.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.64%	21.21%	+7.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.14%	22.83%	+4.31%

PSCT vs. QGRO - Expense Ratio Comparison

Both PSCT and QGRO have an expense ratio of 0.29%.

Dividends

PSCT vs. QGRO - Dividend Comparison

PSCT has not paid dividends to shareholders, while QGRO's dividend yield for the trailing twelve months is around 0.18%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCT Invesco S&P SmallCap Information Technology ETF	0.00%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%
QGRO American Century U.S. Quality Growth ETF	0.18%	0.25%	0.25%	0.41%	0.46%	0.31%	0.22%	0.38%	0.13%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSCT and QGRO in my portfolio?

PSCT and QGRO 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, PSCT or QGRO?

PSCT has higher volatility (10.70%) compared to QGRO (4.19%). In terms of maximum drawdown, PSCT dropped -40.44% vs QGRO's -32.56%.

Which ETF is better, PSCT or QGRO?

On 5-year performance, PSCT leads with 11.74% vs 9.69% for QGRO. Both ETFs have the same 0.29% expense ratio. On volatility, QGRO has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or QGRO?

Over the 5-year period, PSCT has performed better with a 11.74% return vs 9.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or QGRO?

PSCT and QGRO have the same expense ratio: 0.29% per year.

Which ETF pays a higher dividend yield, PSCT or QGRO?

QGRO has the higher dividend yield at 0.18%, compared with 0.00% for PSCT.

What is the main difference between PSCT and QGRO?

PSCT is categorized as Technology Equities, while QGRO is Quality Factor. PSCT tracks S&P SmallCap 600 Information Technology Index, while QGRO tracks American Century U.S. Quality Growth Index. They also come from different issuers: Invesco and American Century.

Which has better risk-adjusted returns?

PSCT currently has the higher Sharpe Ratio (2.50 vs 0.49), 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.