PSL vs. IYK
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSL or IYK.
Correlation
The correlation between PSL and IYK 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. IYK - Performance Comparison
Key characteristics
PSL:
1.06
IYK:
0.66
PSL:
1.57
IYK:
0.98
PSL:
1.19
IYK:
1.12
PSL:
1.45
IYK:
0.80
PSL:
4.65
IYK:
2.28
PSL:
3.30%
IYK:
3.85%
PSL:
14.44%
IYK:
13.38%
PSL:
-41.58%
IYK:
-42.64%
PSL:
-3.39%
IYK:
-2.49%
Returns By Period
In the year-to-date period, PSL achieves a 4.95% return, which is significantly lower than IYK's 8.11% return. Over the past 10 years, PSL has underperformed IYK with an annualized return of 8.92%, while IYK has yielded a comparatively higher 9.50% annualized return.
PSL
4.95%
6.30%
4.29%
12.72%
13.31%
8.92%
IYK
8.11%
3.91%
5.05%
7.78%
14.47%
9.50%
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PSL vs. IYK - Expense Ratio Comparison
PSL has a 0.60% expense ratio, which is higher than IYK's 0.42% expense ratio.
Risk-Adjusted Performance
PSL vs. IYK — Risk-Adjusted Performance Rank
PSL
IYK
PSL vs. IYK - Risk-Adjusted Performance 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.
Dividends
PSL vs. IYK - Dividend Comparison
PSL's dividend yield for the trailing twelve months is around 0.60%, less than IYK's 2.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSL Invesco DWA Consumer Staples Momentum ETF | 0.60% | 0.60% | 1.37% | 1.98% | 1.24% | 0.80% | 0.47% | 0.75% | 0.34% | 2.08% | 1.18% | 0.95% |
IYK iShares U.S. Consumer Goods ETF | 2.44% | 2.63% | 2.74% | 2.16% | 1.49% | 1.42% | 2.21% | 2.81% | 1.74% | 2.63% | 2.11% | 1.82% |
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. For additional features, visit the drawdowns tool.
Volatility
PSL vs. IYK - Volatility Comparison
Invesco DWA Consumer Staples Momentum ETF (PSL) has a higher volatility of 6.38% compared to iShares U.S. Consumer Goods ETF (IYK) at 5.04%. This indicates that PSL's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.