PSL vs. ^SP500TR

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and S&P 500 Total Return (^SP500TR).

PSL is a passively managed fund by Invesco that tracks the performance of the DWA Consumer Staples Technical Leaders Index. It was launched on Oct 12, 2006.

Performance

PSL vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Consumer Staples Momentum ETF (PSL) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

PSL vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSL Invesco DWA Consumer Staples Momentum ETF	7.79%	-3.47%	15.42%	12.32%	-7.76%	6.88%	18.15%	14.16%	0.92%	21.82%
^SP500TR S&P 500 Total Return	-3.64%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-4.38%	21.83%

Returns By Period

In the year-to-date period, PSL achieves a 7.79% return, which is significantly higher than ^SP500TR's -3.64% return. Over the past 10 years, PSL has underperformed ^SP500TR with an annualized return of 7.71%, while ^SP500TR has yielded a comparatively higher 14.17% annualized return.

PSL

• 1D: -0.48%
• 1M: -6.18%
• YTD: 7.79%
• 6M: -0.71%
• 1Y: -0.19%
• 3Y*: 8.87%
• 5Y*: 4.24%
• 10Y*: 7.71%

^SP500TR

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.64%
• 6M: -1.43%
• 1Y: 18.20%
• 3Y*: 18.60%
• 5Y*: 11.96%
• 10Y*: 14.17%

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

Return for Risk

PSL vs. ^SP500TR — Risk / Return Rank

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

PSL

PSL Risk / Return Rank: 11
PSL Sharpe Ratio Rank: 11
PSL Sortino Ratio Rank: 10
PSL Omega Ratio Rank: 10
PSL Calmar Ratio Rank: 12
PSL Martin Ratio Rank: 12

^SP500TR

^SP500TR Risk / Return Rank: 72
^SP500TR Sharpe Ratio Rank: 66
^SP500TR Sortino Ratio Rank: 69
^SP500TR Omega Ratio Rank: 74
^SP500TR Calmar Ratio Rank: 67
^SP500TR Martin Ratio Rank: 83

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.

PSL vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and S&P 500 Total Return (^SP500TR). 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.

	PSL	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	-0.01	1.00	-1.01
Sortino ratio Return per unit of downside risk	0.08	1.52	-1.44
Omega ratio Gain probability vs. loss probability	1.01	1.23	-0.22
Calmar ratio Return relative to maximum drawdown	0.04	1.54	-1.50
Martin ratio Return relative to average drawdown	0.10	7.32	-7.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSL vs. ^SP500TR - Sharpe Ratio Comparison

The current PSL Sharpe Ratio is -0.01, which is lower than the ^SP500TR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of PSL and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSL	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	1.00	-1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.71	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.79	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.62	-0.08

Correlation

The correlation between PSL and ^SP500TR is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

PSL vs. ^SP500TR - Drawdown Comparison

The maximum PSL drawdown since its inception was -41.58%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PSL and ^SP500TR.

Drawdown Indicators

	PSL	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-41.58%	-55.25%	+13.67%
Max Drawdown (1Y) Largest decline over 1 year	-13.64%	-12.12%	-1.52%
Max Drawdown (5Y) Largest decline over 5 years	-22.35%	-24.49%	+2.14%
Max Drawdown (10Y) Largest decline over 10 years	-34.67%	-33.79%	-0.88%
Current Drawdown Current decline from peak	-7.54%	-5.55%	-1.99%
Average Drawdown Average peak-to-trough decline	-5.82%	-8.20%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.77%	2.55%	+3.22%

Volatility

PSL vs. ^SP500TR - Volatility Comparison

The current volatility for Invesco DWA Consumer Staples Momentum ETF (PSL) is 3.86%, while S&P 500 Total Return (^SP500TR) has a volatility of 5.38%. This indicates that PSL experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSL	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	5.38%	-1.52%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	9.55%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.63%	18.32%	-3.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.24%	16.90%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	18.05%	-1.56%