PSL vs. ^SP500TR
Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and S&P 500 Total Return (^SP500TR).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSL or ^SP500TR.
Correlation
The correlation between PSL and ^SP500TR 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. ^SP500TR - Performance Comparison
Key characteristics
PSL:
1.06
^SP500TR:
0.59
PSL:
1.57
^SP500TR:
0.94
PSL:
1.19
^SP500TR:
1.14
PSL:
1.45
^SP500TR:
0.60
PSL:
4.65
^SP500TR:
2.36
PSL:
3.30%
^SP500TR:
4.80%
PSL:
14.44%
^SP500TR:
19.36%
PSL:
-41.58%
^SP500TR:
-55.25%
PSL:
-3.39%
^SP500TR:
-8.11%
Returns By Period
In the year-to-date period, PSL achieves a 4.95% return, which is significantly higher than ^SP500TR's -3.85% return. Over the past 10 years, PSL has underperformed ^SP500TR with an annualized return of 8.92%, while ^SP500TR has yielded a comparatively higher 12.30% annualized return.
PSL
4.95%
6.30%
4.29%
12.72%
13.31%
8.92%
^SP500TR
-3.85%
11.32%
-4.39%
10.02%
15.78%
12.30%
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Risk-Adjusted Performance
PSL vs. ^SP500TR — Risk-Adjusted Performance Rank
PSL
^SP500TR
PSL vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
PSL vs. ^SP500TR - Drawdown Comparison
The maximum PSL drawdown since its inception was -41.58%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PSL and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
PSL vs. ^SP500TR - Volatility Comparison
The current volatility for Invesco DWA Consumer Staples Momentum ETF (PSL) is 6.38%, while S&P 500 Total Return (^SP500TR) has a volatility of 11.42%. This indicates that PSL experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.