PTF vs. LBPH

Last updated Jun 4, 2026

PTF (Invesco DWA Technology Momentum ETF) is Momentum fund tracking the DWA Technology Technical Leaders Index, while LBPH (Longboard Pharmaceuticals, Inc.) is a stock. At a 0.11 correlation, their price movements are largely independent.

Performance

PTF vs. LBPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Technology Momentum ETF (PTF) and Longboard Pharmaceuticals, Inc. (LBPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTF

• 1D: 0.27%
• 1M: 19.05%
• YTD: 77.58%
• 6M: 74.93%
• 1Y: 109.08%
• 3Y*: 43.28%
• 5Y*: 23.79%
• 10Y*: 26.93%

LBPH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTF vs. LBPH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PTF Invesco DWA Technology Momentum ETF	77.58%	5.68%	43.65%	33.73%	-31.75%	10.21%
LBPH Longboard Pharmaceuticals, Inc.	0.00%	0.00%	894.69%	84.97%	-33.20%	-70.69%

Correlation

The correlation between PTF and LBPH is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Mar 15, 2021	0.11

Return for Risk

PTF vs. LBPH — Risk / Return Rank

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

PTF

PTF Risk / Return Rank: 82
PTF Sharpe Ratio Rank: 85
PTF Sortino Ratio Rank: 67
PTF Omega Ratio Rank: 71
PTF Calmar Ratio Rank: 91
PTF Martin Ratio Rank: 93

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.

PTF vs. LBPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Technology Momentum ETF (PTF) and Longboard Pharmaceuticals, Inc. (LBPH). 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.

	PTF	LBPH	Difference
Sharpe ratio: Return per unit of total volatility	2.86	—	—
Sortino ratio: Return per unit of downside risk	3.15	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	6.10	—	—
Martin ratio: Return relative to average drawdown	24.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PTF	LBPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	—	—

Drawdowns

Drawdown Indicators

	PTF	LBPH	Difference
Max Drawdown Largest peak-to-trough decline	-55.38%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-36.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.88%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-13.27%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.51%	—	—

Volatility

Volatility by Period

	PTF	LBPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	38.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.95%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.94%	—	—

Dividends

PTF vs. LBPH - Dividend Comparison

PTF's dividend yield for the trailing twelve months is around 0.01%, while LBPH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LBPH Longboard Pharmaceuticals, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PTF Invesco DWA Technology Momentum ETF	0.01%	0.21%	0.00%	0.07%	0.00%	0.00%	0.00%	0.00%	0.08%	0.04%	0.26%

Frequently Asked Questions

Can I hold both PTF and LBPH in my portfolio?

PTF and LBPH have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.