PSHZF vs. IUS
PSHZF (Pershing Square Holdings, Ltd.) is a stock, while IUS (Invesco RAFI Strategic US ETF) is Large Cap Blend Equities fund tracking the Invesco Strategic US Index. Over the past 5 years, PSHZF returned 9.23%/yr vs 14.50%/yr for IUS. At a 0.48 correlation, their price movements are largely independent.
Performance
PSHZF vs. IUS - Performance Comparison
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Returns By Period
In the year-to-date period, PSHZF achieves a -18.67% return, which is significantly lower than IUS's 18.56% return.
PSHZF
- 1D
- 1.44%
- 1M
- 2.83%
- 6M
- -16.81%
- YTD
- -18.67%
- 1Y
- -4.26%
- 3Y*
- 12.70%
- 5Y*
- 9.23%
- 10Y*
- 14.78%
IUS
- 1D
- 0.59%
- 1M
- 2.39%
- 6M
- 14.56%
- YTD
- 18.56%
- 1Y
- 32.11%
- 3Y*
- 19.96%
- 5Y*
- 14.50%
- 10Y*
- —
PSHZF vs. IUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PSHZF Pershing Square Holdings, Ltd. | -18.67% | 36.74% | 4.57% | 37.43% | -15.13% | 17.80% | 89.27% | 53.54% | -15.89% |
IUS Invesco RAFI Strategic US ETF | 18.56% | 16.94% | 16.51% | 20.79% | -8.34% | 32.17% | 15.09% | 29.34% | -12.28% |
Correlation
The correlation between PSHZF and IUS is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.48 |
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Return for Risk
PSHZF vs. IUS — Risk / Return Rank
PSHZF
IUS
PSHZF vs. IUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pershing Square Holdings, Ltd. (PSHZF) and Invesco RAFI Strategic US ETF (IUS). 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.
| PSHZF | IUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -4.28 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.56 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 5.25 | -5.40 |
| Martin ratioReturn relative to average drawdown | -0.33 | 21.84 | -22.17 |
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Drawdowns
PSHZF vs. IUS - Drawdown Comparison
The maximum PSHZF drawdown since its inception was -56.97%, which is greater than IUS's maximum drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for PSHZF and IUS.
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Drawdown Indicators
| PSHZF | IUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.97% | -34.67% | -22.30% |
Max Drawdown (1Y)Largest decline over 1 year | -27.07% | -6.15% | -20.92% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -15.61% | -11.46% |
Max Drawdown (5Y)Largest decline over 5 years | -31.46% | -18.72% | -12.74% |
Max Drawdown (10Y)Largest decline over 10 years | -32.96% | — | — |
Current DrawdownCurrent decline from peak | -21.34% | 0.00% | -21.34% |
Average DrawdownAverage peak-to-trough decline | -23.15% | -3.82% | -19.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.80% | 1.47% | +11.33% |
Volatility
PSHZF vs. IUS - Volatility Comparison
Pershing Square Holdings, Ltd. (PSHZF) has a higher volatility of 6.76% compared to Invesco RAFI Strategic US ETF (IUS) at 2.49%. This indicates that PSHZF's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSHZF | IUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 2.49% | +4.27% |
Volatility (6M)Calculated over the trailing 6-month period | 18.19% | 7.95% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.62% | 10.56% | +12.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.52% | 15.01% | +9.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 17.96% | +7.06% |
Dividends
PSHZF vs. IUS - Dividend Comparison
PSHZF's dividend yield for the trailing twelve months is around 1.32%, more than IUS's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IUS Invesco RAFI Strategic US ETF | 1.25% | 1.48% | 1.52% | 1.72% | 1.78% | 1.46% | 1.74% | 1.77% | 0.73% |
PSHZF Pershing Square Holdings, Ltd. | 1.32% | 1.01% | 1.21% | 1.12% | 1.38% | 1.14% | 1.35% | 1.57% | 0.00% |
Frequently Asked Questions
PSHZF and IUS have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSHZF has higher volatility (6.76%) compared to IUS (2.49%). In terms of maximum drawdown, PSHZF dropped -56.97% vs IUS's -34.67%.
IUS currently has the higher Sharpe Ratio (3.06 vs -0.19), 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.
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