PSL vs. XCCC
Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC).
PSL and XCCC 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. XCCC is a passively managed fund by BondBloxx that tracks the performance of the ICE BofA CCC and Lower US High Yield Constrained Index. It was launched on May 24, 2022. Both PSL and XCCC 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 XCCC.
Correlation
The correlation between PSL and XCCC is 0.48, 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. XCCC - Performance Comparison
Key characteristics
PSL:
1.88
XCCC:
2.61
PSL:
2.64
XCCC:
3.71
PSL:
1.32
XCCC:
1.52
PSL:
3.63
XCCC:
3.82
PSL:
9.87
XCCC:
12.60
PSL:
2.31%
XCCC:
1.14%
PSL:
12.02%
XCCC:
5.47%
PSL:
-41.58%
XCCC:
-9.97%
PSL:
0.00%
XCCC:
-0.28%
Returns By Period
In the year-to-date period, PSL achieves a 8.63% return, which is significantly higher than XCCC's 1.20% return.
PSL
8.63%
7.89%
15.72%
24.69%
10.00%
9.29%
XCCC
1.20%
1.43%
8.61%
14.66%
N/A
N/A
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PSL vs. XCCC - Expense Ratio Comparison
PSL has a 0.60% expense ratio, which is higher than XCCC's 0.40% expense ratio.
Risk-Adjusted Performance
PSL vs. XCCC — Risk-Adjusted Performance Rank
PSL
XCCC
PSL vs. XCCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC). 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. XCCC - Dividend Comparison
PSL's dividend yield for the trailing twelve months is around 0.55%, less than XCCC's 10.52% 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% |
XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 10.52% | 10.67% | 11.01% | 7.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PSL vs. XCCC - Drawdown Comparison
The maximum PSL drawdown since its inception was -41.58%, which is greater than XCCC's maximum drawdown of -9.97%. Use the drawdown chart below to compare losses from any high point for PSL and XCCC. For additional features, visit the drawdowns tool.
Volatility
PSL vs. XCCC - Volatility Comparison
Invesco DWA Consumer Staples Momentum ETF (PSL) has a higher volatility of 3.34% compared to BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) at 1.22%. This indicates that PSL's price experiences larger fluctuations and is considered to be riskier than XCCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.