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PSR vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PSR and SPY is 0.55, 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.


-0.50.00.51.00.6

Performance

PSR vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Active U.S. Real Estate Fund (PSR) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
536.18%
906.79%
PSR
SPY

Key characteristics

Sharpe Ratio

PSR:

0.19

SPY:

2.21

Sortino Ratio

PSR:

0.36

SPY:

2.93

Omega Ratio

PSR:

1.04

SPY:

1.41

Calmar Ratio

PSR:

0.10

SPY:

3.26

Martin Ratio

PSR:

0.55

SPY:

14.43

Ulcer Index

PSR:

5.42%

SPY:

1.90%

Daily Std Dev

PSR:

16.05%

SPY:

12.41%

Max Drawdown

PSR:

-42.31%

SPY:

-55.19%

Current Drawdown

PSR:

-18.44%

SPY:

-2.74%

Returns By Period

In the year-to-date period, PSR achieves a 1.06% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, PSR has underperformed SPY with an annualized return of 4.78%, while SPY has yielded a comparatively higher 12.97% annualized return.


PSR

YTD

1.06%

1M

-6.11%

6M

7.13%

1Y

2.15%

5Y*

1.92%

10Y*

4.78%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PSR vs. SPY - Expense Ratio Comparison

PSR has a 0.35% expense ratio, which is higher than SPY's 0.09% expense ratio.


PSR
Invesco Active U.S. Real Estate Fund
Expense ratio chart for PSR: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

PSR vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Active U.S. Real Estate Fund (PSR) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for PSR, currently valued at 0.19, compared to the broader market0.002.004.000.192.21
The chart of Sortino ratio for PSR, currently valued at 0.36, compared to the broader market-2.000.002.004.006.008.0010.000.362.93
The chart of Omega ratio for PSR, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.41
The chart of Calmar ratio for PSR, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.103.26
The chart of Martin ratio for PSR, currently valued at 0.55, compared to the broader market0.0020.0040.0060.0080.00100.000.5514.43
PSR
SPY

The current PSR Sharpe Ratio is 0.19, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of PSR and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.19
2.21
PSR
SPY

Dividends

PSR vs. SPY - Dividend Comparison

PSR's dividend yield for the trailing twelve months is around 2.30%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
PSR
Invesco Active U.S. Real Estate Fund
2.30%2.93%2.95%2.12%3.09%2.55%2.64%0.14%3.60%2.03%1.24%1.56%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

PSR vs. SPY - Drawdown Comparison

The maximum PSR drawdown since its inception was -42.31%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PSR and SPY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.44%
-2.74%
PSR
SPY

Volatility

PSR vs. SPY - Volatility Comparison

Invesco Active U.S. Real Estate Fund (PSR) has a higher volatility of 5.29% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that PSR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.29%
3.72%
PSR
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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