PSTR vs. IVVW

Last updated Jun 24, 2026

PSTR (PeakShares Sector Rotation ETF) and IVVW (iShares S&P 500 BuyWrite ETF) are both Derivative Income funds. PSTR is actively managed, while IVVW is passively managed. Over the past year, PSTR returned 16.15% vs 17.28% for IVVW. Their correlation of 0.80 suggests significant overlap in exposure. PSTR charges 1.07%/yr vs 0.25%/yr for IVVW.

Performance

PSTR vs. IVVW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PeakShares Sector Rotation ETF (PSTR) and iShares S&P 500 BuyWrite ETF (IVVW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSTR achieves a 7.21% return, which is significantly higher than IVVW's 4.01% return.

PSTR

• 1D: -0.54%
• 1M: -0.68%
• YTD: 7.21%
• 6M: 6.96%
• 1Y: 16.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVVW

• 1D: -1.24%
• 1M: 0.16%
• YTD: 4.01%
• 6M: 4.08%
• 1Y: 17.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSTR vs. IVVW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PSTR PeakShares Sector Rotation ETF	7.21%	10.31%	12.04%
IVVW iShares S&P 500 BuyWrite ETF	4.01%	11.71%	12.55%

Correlation

The correlation between PSTR and IVVW is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 30, 2024	0.80

The correlation between PSTR and IVVW has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

PSTR vs. IVVW - Sectors Allocation Comparison

Sectors	PSTR	IVVW
Technology	38.4%	38.4%
Healthcare	11.5%	8.4%
Financial Services	9.7%	11.0%
Communication Services	9.4%	10.8%
Consumer Cyclical	7.8%	10.0%
Industrials	7.3%	7.9%
Consumer Defensive	6.0%	4.6%
Energy	3.5%	3.2%
Utilities	2.9%	2.1%
Real Estate	1.9%	1.8%
Basic Materials	1.6%	1.7%

Return for Risk

PSTR vs. IVVW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSTR

PSTR Risk / Return Rank: 62
PSTR Sharpe Ratio Rank: 61
PSTR Sortino Ratio Rank: 62
PSTR Omega Ratio Rank: 61
PSTR Calmar Ratio Rank: 54
PSTR Martin Ratio Rank: 74

IVVW

IVVW Risk / Return Rank: 73
IVVW Sharpe Ratio Rank: 71
IVVW Sortino Ratio Rank: 69
IVVW Omega Ratio Rank: 83
IVVW Calmar Ratio Rank: 63
IVVW Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSTR vs. IVVW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PeakShares Sector Rotation ETF (PSTR) and iShares S&P 500 BuyWrite ETF (IVVW). 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.

	PSTR	IVVW	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.16	-0.35
Sortino ratio: Return per unit of downside risk	2.60	2.95	-0.35
Omega ratio: Gain probability vs. loss probability	1.34	1.47	-0.13
Calmar ratio: Return relative to maximum drawdown	2.43	2.99	-0.56
Martin ratio: Return relative to average drawdown	12.58	15.95	-3.37

PSTR vs. IVVW - Sharpe Ratio Comparison

The current PSTR Sharpe Ratio is 1.81, which is comparable to the IVVW Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of PSTR and IVVW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSTR vs. IVVW - Drawdown Comparison

The maximum PSTR drawdown since its inception was -14.73%, smaller than the maximum IVVW drawdown of -16.79%. Use the drawdown chart below to compare losses from any high point for PSTR and IVVW.

Drawdown Indicators

	PSTR	IVVW	Difference
Max Drawdown Largest peak-to-trough decline	-14.73%	-16.79%	+2.06%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-5.81%	-0.87%
Current Drawdown Current decline from peak	-2.39%	-1.37%	-1.02%
Average Drawdown Average peak-to-trough decline	-1.57%	-1.73%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.29%	1.09%	+0.20%

Volatility

PSTR vs. IVVW - Volatility Comparison

PeakShares Sector Rotation ETF (PSTR) and iShares S&P 500 BuyWrite ETF (IVVW) have volatilities of 3.45% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSTR	IVVW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.45%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	7.76%	6.91%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	8.95%	8.05%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.55%	12.69%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.55%	12.69%	-0.14%

PSTR vs. IVVW - Expense Ratio Comparison

PSTR has a 1.07% expense ratio, which is higher than IVVW's 0.25% expense ratio.

Dividends

PSTR vs. IVVW - Dividend Comparison

PSTR's dividend yield for the trailing twelve months is around 4.94%, less than IVVW's 19.86% yield.

Position	TTM	2025	2024
IVVW iShares S&P 500 BuyWrite ETF	19.86%	18.55%	13.72%
PSTR PeakShares Sector Rotation ETF	4.94%	4.96%	1.57%

Frequently Asked Questions

Can I hold both PSTR and IVVW in my portfolio?

PSTR and IVVW have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSTR or IVVW?

IVVW has higher volatility (3.45%) compared to PSTR (3.45%). In terms of maximum drawdown, PSTR dropped -14.73% vs IVVW's -16.79%.

Which ETF is better, PSTR or IVVW?

On 1-year performance, IVVW leads with 17.28% vs 16.15% for PSTR. On fees, IVVW is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSTR or IVVW?

Over the 1-year period, IVVW has performed better with a 17.28% return vs 16.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSTR or IVVW?

IVVW is cheaper with a 0.25% expense ratio, compared with 1.07% for PSTR.

Which ETF pays a higher dividend yield, PSTR or IVVW?

IVVW has the higher dividend yield at 19.86%, compared with 4.94% for PSTR.

What is the main difference between PSTR and IVVW?

They also come from different issuers: PeakShares and iShares. Their fees differ too: 1.07% for PSTR and 0.25% for IVVW.

Which has better risk-adjusted returns?

IVVW currently has the higher Sharpe Ratio (2.16 vs 1.81), 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.