PSL vs. IYK

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares U.S. Consumer Goods ETF (IYK).

PSL and IYK 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. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000. Both PSL and IYK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PSL vs. IYK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares U.S. Consumer Goods ETF (IYK). The values are adjusted to include any dividend payments, if applicable.

PSL vs. IYK - 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%
IYK iShares U.S. Consumer Goods ETF	4.44%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%

Returns By Period

In the year-to-date period, PSL achieves a 7.79% return, which is significantly higher than IYK's 4.44% return. Over the past 10 years, PSL has underperformed IYK with an annualized return of 7.71%, while IYK has yielded a comparatively higher 8.73% 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%

IYK

• 1D: -0.66%
• 1M: -8.96%
• YTD: 4.44%
• 6M: 3.25%
• 1Y: -0.23%
• 3Y*: 4.29%
• 5Y*: 5.88%
• 10Y*: 8.73%

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

PSL vs. IYK - Expense Ratio Comparison

PSL has a 0.60% expense ratio, which is higher than IYK's 0.42% expense ratio.

PSL

Invesco DWA Consumer Staples Momentum ETF

IYK

iShares U.S. Consumer Goods ETF

Return for Risk

PSL vs. IYK — 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

IYK

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

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. IYK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares U.S. Consumer Goods ETF (IYK). 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	IYK	Difference
Sharpe ratio Return per unit of total volatility	-0.01	-0.02	0.00
Sortino ratio Return per unit of downside risk	0.08	0.07	+0.01
Omega ratio Gain probability vs. loss probability	1.01	1.01	0.00
Calmar ratio Return relative to maximum drawdown	0.04	-0.01	+0.05
Martin ratio Return relative to average drawdown	0.10	-0.03	+0.12
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. IYK - Sharpe Ratio Comparison

The current PSL Sharpe Ratio is -0.01, which is comparable to the IYK Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of PSL and IYK, 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	IYK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	-0.02	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.46	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.57	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.56	-0.02

Correlation

The correlation between PSL and IYK is 0.77, 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.

Dividends

PSL vs. IYK - Dividend Comparison

PSL's dividend yield for the trailing twelve months is around 0.85%, less than IYK's 2.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSL Invesco DWA Consumer Staples Momentum ETF	0.85%	0.93%	0.60%	1.37%	1.98%	1.24%	0.80%	0.47%	0.75%	0.34%	2.08%	1.18%
IYK iShares U.S. Consumer Goods ETF	2.71%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Drawdowns

PSL vs. IYK - Drawdown Comparison

The maximum PSL drawdown since its inception was -41.58%, roughly equal to the maximum IYK drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for PSL and IYK.

Drawdown Indicators

	PSL	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-41.58%	-42.64%	+1.06%
Max Drawdown (1Y) Largest decline over 1 year	-13.64%	-10.38%	-3.26%
Max Drawdown (5Y) Largest decline over 5 years	-22.35%	-15.05%	-7.30%
Max Drawdown (10Y) Largest decline over 10 years	-34.67%	-33.19%	-1.48%
Current Drawdown Current decline from peak	-7.54%	-9.98%	+2.44%
Average Drawdown Average peak-to-trough decline	-5.82%	-5.05%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.77%	4.24%	+1.53%

Volatility

PSL vs. IYK - Volatility Comparison

Invesco DWA Consumer Staples Momentum ETF (PSL) and iShares U.S. Consumer Goods ETF (IYK) have volatilities of 3.86% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSL	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	3.92%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	9.05%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	14.63%	13.53%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.24%	12.98%	+2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	15.46%	+1.03%