PSL vs. FSTA
Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and Fidelity MSCI Consumer Staples Index ETF (FSTA).
PSL and FSTA 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. FSTA is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Staples Index. It was launched on Oct 21, 2013. Both PSL and FSTA 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 FSTA.
Correlation
The correlation between PSL and FSTA is 0.73, 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.
Performance
PSL vs. FSTA - Performance Comparison
Key characteristics
PSL:
2.03
FSTA:
1.75
PSL:
2.87
FSTA:
2.58
PSL:
1.35
FSTA:
1.30
PSL:
3.87
FSTA:
2.43
PSL:
10.55
FSTA:
7.43
PSL:
2.31%
FSTA:
2.33%
PSL:
12.04%
FSTA:
9.90%
PSL:
-41.58%
FSTA:
-25.13%
PSL:
-0.76%
FSTA:
-1.13%
Returns By Period
In the year-to-date period, PSL achieves a 7.80% return, which is significantly higher than FSTA's 4.61% return. Over the past 10 years, PSL has outperformed FSTA with an annualized return of 9.06%, while FSTA has yielded a comparatively lower 8.37% annualized return.
PSL
7.80%
4.96%
14.24%
22.98%
9.89%
9.06%
FSTA
4.61%
5.62%
5.18%
16.50%
8.74%
8.37%
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PSL vs. FSTA - Expense Ratio Comparison
PSL has a 0.60% expense ratio, which is higher than FSTA's 0.08% expense ratio.
Risk-Adjusted Performance
PSL vs. FSTA — Risk-Adjusted Performance Rank
PSL
FSTA
PSL vs. FSTA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and Fidelity MSCI Consumer Staples Index ETF (FSTA). 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. FSTA - Dividend Comparison
PSL's dividend yield for the trailing twelve months is around 0.55%, less than FSTA's 2.15% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PSL Invesco DWA Consumer Staples Momentum ETF | 0.55% | 0.60% | 1.37% | 1.98% | 1.24% | 0.80% | 0.47% | 0.75% | 0.34% | 2.08% | 1.18% | 0.95% |
FSTA Fidelity MSCI Consumer Staples Index ETF | 2.15% | 2.25% | 2.66% | 2.26% | 2.15% | 2.47% | 2.46% | 3.01% | 2.42% | 2.53% | 2.86% | 2.24% |
Drawdowns
PSL vs. FSTA - Drawdown Comparison
The maximum PSL drawdown since its inception was -41.58%, which is greater than FSTA's maximum drawdown of -25.13%. Use the drawdown chart below to compare losses from any high point for PSL and FSTA. For additional features, visit the drawdowns tool.
Volatility
PSL vs. FSTA - Volatility Comparison
The current volatility for Invesco DWA Consumer Staples Momentum ETF (PSL) is 3.51%, while Fidelity MSCI Consumer Staples Index ETF (FSTA) has a volatility of 3.99%. This indicates that PSL experiences smaller price fluctuations and is considered to be less risky than FSTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.