PSR vs. COMB
PSR (Invesco Active U.S. Real Estate Fund) and COMB (GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF) are both exchange-traded funds - PSR is a REIT fund actively managed by Invesco, while COMB is a Commodities fund actively managed by GraniteShares. Both are actively managed. Over the past 5 years, PSR returned 2.80%/yr vs 9.61%/yr for COMB. At a 0.12 correlation, their price movements are largely independent. PSR charges 0.35%/yr vs 0.25%/yr for COMB.
Performance
PSR vs. COMB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSR achieves a 16.36% return, which is significantly higher than COMB's 14.97% return.
PSR
- 1D
- 1.41%
- 1M
- 1.61%
- YTD
- 16.36%
- 6M
- 16.93%
- 1Y
- 14.68%
- 3Y*
- 11.12%
- 5Y*
- 2.80%
- 10Y*
- 5.88%
COMB
- 1D
- -1.41%
- 1M
- -9.91%
- YTD
- 14.97%
- 6M
- 13.14%
- 1Y
- 22.62%
- 3Y*
- 11.57%
- 5Y*
- 9.61%
- 10Y*
- —
PSR vs. COMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSR Invesco Active U.S. Real Estate Fund | 16.36% | 2.63% | 1.79% | 8.34% | -25.52% | 41.71% | -6.04% | 28.76% | -4.58% | 6.32% |
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | 14.97% | 15.12% | 5.24% | -7.75% | 14.56% | 26.34% | -2.95% | 7.02% | -11.41% | 4.98% |
Correlation
The correlation between PSR and COMB is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 24, 2017 | 0.13 |
The correlation between PSR and COMB shifts across timeframes, from -0.04 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PSR vs. COMB — Risk / Return Rank
PSR
COMB
PSR vs. COMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Active U.S. Real Estate Fund (PSR) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSR | COMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.71 | +0.06 |
| Martin ratioReturn relative to average drawdown | 5.53 | 6.79 | -1.26 |
Loading charts...
Drawdowns
PSR vs. COMB - Drawdown Comparison
The maximum PSR drawdown since its inception was -42.31%, which is greater than COMB's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for PSR and COMB.
Loading charts...
Drawdown Indicators
| PSR | COMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.31% | -33.50% | -8.81% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -13.28% | +4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.58% | -13.28% | -3.30% |
Max Drawdown (5Y)Largest decline over 5 years | -34.81% | -26.63% | -8.18% |
Max Drawdown (10Y)Largest decline over 10 years | -42.31% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -13.28% | +11.36% |
Average DrawdownAverage peak-to-trough decline | -9.31% | -12.04% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 3.36% | -0.70% |
Volatility
PSR vs. COMB - Volatility Comparison
Invesco Active U.S. Real Estate Fund (PSR) has a higher volatility of 5.32% compared to GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) at 3.69%. This indicates that PSR's price experiences larger fluctuations and is considered to be riskier than COMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSR | COMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 3.69% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 15.24% | -4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 17.34% | -3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.58% | 16.69% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.36% | 15.14% | +5.22% |
PSR vs. COMB - Expense Ratio Comparison
PSR has a 0.35% expense ratio, which is higher than COMB's 0.25% expense ratio.
Dividends
PSR vs. COMB - Dividend Comparison
PSR's dividend yield for the trailing twelve months is around 2.54%, less than COMB's 7.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | 7.87% | 9.05% | 2.48% | 6.57% | 30.85% | 15.83% | 0.07% | 1.48% | 0.97% | 0.20% | 0.00% | 0.00% |
PSR Invesco Active U.S. Real Estate Fund | 2.54% | 2.56% | 3.06% | 2.93% | 2.95% | 2.12% | 3.09% | 2.55% | 2.64% | 0.14% | 3.60% | 3.20% |
Frequently Asked Questions
PSR and COMB have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSR has higher volatility (5.32%) compared to COMB (3.69%). In terms of maximum drawdown, PSR dropped -42.31% vs COMB's -33.50%.
On 5-year performance, COMB leads with 9.61% vs 2.80% for PSR. On fees, COMB is cheaper at 0.25% per year. On volatility, COMB has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, COMB has performed better with a 9.61% return vs 2.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COMB is cheaper with a 0.25% expense ratio, compared with 0.35% for PSR.
COMB has the higher dividend yield at 7.87%, compared with 2.54% for PSR.
PSR is categorized as REIT, while COMB is Commodities. They also come from different issuers: Invesco and GraniteShares. Their fees differ too: 0.35% for PSR and 0.25% for COMB.
COMB currently has the higher Sharpe Ratio (1.32 vs 1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PSR and COMB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer