PUI vs. FUTY
Compare and contrast key facts about Invesco DWA Utilities Momentum ETF (PUI) and Fidelity MSCI Utilities Index ETF (FUTY).
PUI and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PUI is a passively managed fund by Invesco that tracks the performance of the DWA Utilities Technical Leaders Index. It was launched on Oct 26, 2005. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both PUI and FUTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PUI or FUTY.
Correlation
The correlation between PUI and FUTY is 0.93, 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
PUI vs. FUTY - Performance Comparison
Key characteristics
PUI:
1.90
FUTY:
1.65
PUI:
2.62
FUTY:
2.27
PUI:
1.33
FUTY:
1.29
PUI:
1.46
FUTY:
1.30
PUI:
9.47
FUTY:
7.57
PUI:
2.84%
FUTY:
3.34%
PUI:
14.10%
FUTY:
15.30%
PUI:
-43.20%
FUTY:
-36.44%
PUI:
-8.55%
FUTY:
-7.93%
Returns By Period
The year-to-date returns for both stocks are quite close, with PUI having a 24.46% return and FUTY slightly lower at 23.27%. Over the past 10 years, PUI has underperformed FUTY with an annualized return of 7.78%, while FUTY has yielded a comparatively higher 8.28% annualized return.
PUI
24.46%
-5.86%
12.82%
26.00%
4.81%
7.78%
FUTY
23.27%
-5.08%
11.55%
24.95%
6.13%
8.28%
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PUI vs. FUTY - Expense Ratio Comparison
PUI has a 0.60% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Risk-Adjusted Performance
PUI vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Utilities Momentum ETF (PUI) and Fidelity MSCI Utilities Index ETF (FUTY). 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
PUI vs. FUTY - Dividend Comparison
PUI's dividend yield for the trailing twelve months is around 1.53%, less than FUTY's 2.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PUI Invesco DWA Utilities Momentum ETF | 1.53% | 2.36% | 2.16% | 2.04% | 2.42% | 2.02% | 1.88% | 2.98% | 3.35% | 2.82% | 2.13% | 2.53% |
FUTY Fidelity MSCI Utilities Index ETF | 2.95% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
PUI vs. FUTY - Drawdown Comparison
The maximum PUI drawdown since its inception was -43.20%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for PUI and FUTY. For additional features, visit the drawdowns tool.
Volatility
PUI vs. FUTY - Volatility Comparison
Invesco DWA Utilities Momentum ETF (PUI) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 5.01% and 4.83%, 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.