PSJ vs. VFV.TO
Compare and contrast key facts about Invesco Dynamic Software ETF (PSJ) and Vanguard S&P 500 Index ETF (VFV.TO).
PSJ and VFV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Software Intellidex Index. It was launched on Jun 23, 2005. VFV.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012. Both PSJ and VFV.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSJ or VFV.TO.
Correlation
The correlation between PSJ and VFV.TO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PSJ vs. VFV.TO - Performance Comparison
Key characteristics
Returns By Period
PSJ
N/A
N/A
N/A
N/A
N/A
N/A
VFV.TO
2.69%
0.16%
14.95%
30.30%
16.00%
14.31%
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PSJ vs. VFV.TO - Expense Ratio Comparison
PSJ has a 0.58% expense ratio, which is higher than VFV.TO's 0.09% expense ratio.
Risk-Adjusted Performance
PSJ vs. VFV.TO — Risk-Adjusted Performance Rank
PSJ
VFV.TO
PSJ vs. VFV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Software ETF (PSJ) and Vanguard S&P 500 Index ETF (VFV.TO). 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.
Dividends
PSJ vs. VFV.TO - Dividend Comparison
PSJ has not paid dividends to shareholders, while VFV.TO's dividend yield for the trailing twelve months is around 0.96%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PSJ Invesco Dynamic Software ETF | 0.00% | 0.00% | 0.00% | 1.41% | 0.56% | 0.04% | 0.05% | 0.00% | 0.00% | 0.03% | 0.15% | 0.10% |
VFV.TO Vanguard S&P 500 Index ETF | 0.96% | 0.99% | 1.20% | 1.31% | 1.06% | 1.33% | 1.55% | 1.68% | 1.50% | 1.66% | 1.63% | 1.48% |
Drawdowns
PSJ vs. VFV.TO - Drawdown Comparison
Volatility
PSJ vs. VFV.TO - Volatility Comparison
The current volatility for Invesco Dynamic Software ETF (PSJ) is 0.00%, while Vanguard S&P 500 Index ETF (VFV.TO) has a volatility of 2.79%. This indicates that PSJ experiences smaller price fluctuations and is considered to be less risky than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.