PSL vs. FALN
Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares Fallen Angels USD Bond ETF (FALN).
PSL and FALN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FALN is a passively managed fund by iShares that tracks the performance of the Bloomberg US High Yield Fallen Angel 3% Capped Index. It was launched on Jun 14, 2016. Both PSL and FALN 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: PSL or FALN.
Correlation
The correlation between PSL and FALN is 0.63, 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
PSL vs. FALN - Performance Comparison
Key characteristics
PSL:
0.90
FALN:
0.74
PSL:
1.38
FALN:
1.07
PSL:
1.17
FALN:
1.16
PSL:
1.26
FALN:
0.84
PSL:
4.01
FALN:
4.15
PSL:
3.31%
FALN:
1.20%
PSL:
14.42%
FALN:
6.70%
PSL:
-41.58%
FALN:
-29.22%
PSL:
-3.86%
FALN:
-2.30%
Returns By Period
In the year-to-date period, PSL achieves a 4.44% return, which is significantly higher than FALN's -0.20% return.
PSL
4.44%
7.48%
4.08%
12.86%
13.19%
8.85%
FALN
-0.20%
3.85%
-0.71%
4.95%
6.40%
N/A
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PSL vs. FALN - Expense Ratio Comparison
PSL has a 0.60% expense ratio, which is higher than FALN's 0.25% expense ratio.
Risk-Adjusted Performance
PSL vs. FALN — Risk-Adjusted Performance Rank
PSL
FALN
PSL vs. FALN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares Fallen Angels USD Bond ETF (FALN). 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
PSL vs. FALN - Dividend Comparison
PSL's dividend yield for the trailing twelve months is around 0.61%, less than FALN's 6.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSL Invesco DWA Consumer Staples Momentum ETF | 0.61% | 0.60% | 1.37% | 1.98% | 1.24% | 0.80% | 0.47% | 0.75% | 0.34% | 2.08% | 1.18% | 0.95% |
FALN iShares Fallen Angels USD Bond ETF | 6.45% | 6.24% | 5.37% | 5.08% | 3.40% | 5.14% | 5.35% | 5.97% | 6.98% | 3.55% | 0.00% | 0.00% |
Drawdowns
PSL vs. FALN - Drawdown Comparison
The maximum PSL drawdown since its inception was -41.58%, which is greater than FALN's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for PSL and FALN. For additional features, visit the drawdowns tool.
Volatility
PSL vs. FALN - Volatility Comparison
Invesco DWA Consumer Staples Momentum ETF (PSL) has a higher volatility of 6.13% compared to iShares Fallen Angels USD Bond ETF (FALN) at 4.10%. This indicates that PSL's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.