PTH vs. LYFIX
Compare and contrast key facts about Invesco DWA Healthcare Momentum ETF (PTH) and AlphaCentric LifeSci Healthcare Fund (LYFIX).
PTH is a passively managed fund by Invesco that tracks the performance of the Dynamic Healthcare Sector Intellidex Index. It was launched on Oct 12, 2006. LYFIX is managed by AlphaCentric Funds. It was launched on Nov 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTH or LYFIX.
Key characteristics
| PTH | LYFIX | |
|---|---|---|
| YTD Return | 22.76% | 9.51% |
| 1Y Return | 58.79% | 27.80% |
| 3Y Return (Ann) | -4.28% | -3.39% |
| Sharpe Ratio | 2.19 | 1.15 |
| Sortino Ratio | 2.90 | 1.67 |
| Omega Ratio | 1.34 | 1.20 |
| Calmar Ratio | 1.02 | 0.60 |
| Martin Ratio | 8.17 | 4.12 |
| Ulcer Index | 6.46% | 5.34% |
| Daily Std Dev | 24.18% | 19.18% |
| Max Drawdown | -53.52% | -42.47% |
| Current Drawdown | -23.49% | -18.78% |
Correlation
The correlation between PTH and LYFIX is 0.75, 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
PTH vs. LYFIX - Performance Comparison
In the year-to-date period, PTH achieves a 22.76% return, which is significantly higher than LYFIX's 9.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTH vs. LYFIX - Expense Ratio Comparison
PTH has a 0.60% expense ratio, which is lower than LYFIX's 1.40% expense ratio.
Risk-Adjusted Performance
PTH vs. LYFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Healthcare Momentum ETF (PTH) and AlphaCentric LifeSci Healthcare Fund (LYFIX). 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.
Dividends
PTH vs. LYFIX - Dividend Comparison
PTH's dividend yield for the trailing twelve months is around 0.05%, while LYFIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTH Invesco DWA Healthcare Momentum ETF | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% |
LYFIX AlphaCentric LifeSci Healthcare Fund | 0.00% | 0.00% | 0.00% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTH vs. LYFIX - Drawdown Comparison
The maximum PTH drawdown since its inception was -53.52%, which is greater than LYFIX's maximum drawdown of -42.47%. Use the drawdown chart below to compare losses from any high point for PTH and LYFIX. For additional features, visit the drawdowns tool.
Volatility
PTH vs. LYFIX - Volatility Comparison
Invesco DWA Healthcare Momentum ETF (PTH) has a higher volatility of 6.17% compared to AlphaCentric LifeSci Healthcare Fund (LYFIX) at 3.10%. This indicates that PTH's price experiences larger fluctuations and is considered to be riskier than LYFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.