PWB vs. FTCS
Compare and contrast key facts about Invesco Dynamic Large Cap Growth ETF (PWB) and First Trust Capital Strength ETF (FTCS).
PWB and FTCS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PWB is a passively managed fund by Invesco that tracks the performance of the Dynamic Large Cap Growth Intellidex Index. It was launched on Mar 3, 2005. FTCS is a passively managed fund by First Trust that tracks the performance of the The NASDAQ Capital Strength Index. It was launched on Jul 6, 2006. Both PWB and FTCS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PWB vs. FTCS - Performance Comparison
Loading graphics...
PWB vs. FTCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PWB Invesco Dynamic Large Cap Growth ETF | -0.93% | 24.94% | 31.04% | 30.61% | -25.81% | 19.58% | 31.89% | 24.68% | 0.88% | 30.71% |
FTCS First Trust Capital Strength ETF | 0.58% | 6.46% | 11.19% | 8.48% | -10.22% | 26.75% | 13.05% | 26.71% | -4.22% | 26.57% |
Returns By Period
In the year-to-date period, PWB achieves a -0.93% return, which is significantly lower than FTCS's 0.58% return. Over the past 10 years, PWB has outperformed FTCS with an annualized return of 15.44%, while FTCS has yielded a comparatively lower 10.24% annualized return.
PWB
- 1D
- 3.98%
- 1M
- -7.08%
- YTD
- -0.93%
- 6M
- 0.41%
- 1Y
- 31.12%
- 3Y*
- 24.82%
- 5Y*
- 12.92%
- 10Y*
- 15.44%
FTCS
- 1D
- 0.97%
- 1M
- -6.34%
- YTD
- 0.58%
- 6M
- -0.35%
- 1Y
- 4.65%
- 3Y*
- 9.74%
- 5Y*
- 6.80%
- 10Y*
- 10.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PWB vs. FTCS - Expense Ratio Comparison
Both PWB and FTCS have an expense ratio of 0.56%.
Return for Risk
PWB vs. FTCS — Risk / Return Rank
PWB
FTCS
PWB vs. FTCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Large Cap Growth ETF (PWB) and First Trust Capital Strength ETF (FTCS). 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.
| PWB | FTCS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.34 | +1.00 |
Sortino ratioReturn per unit of downside risk | 1.92 | 0.60 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.08 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.59 | 0.63 | +1.96 |
Martin ratioReturn relative to average drawdown | 10.04 | 2.42 | +7.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PWB | FTCS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.34 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.52 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.66 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.51 | +0.04 |
Correlation
The correlation between PWB and FTCS is 0.78, 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.
Dividends
PWB vs. FTCS - Dividend Comparison
PWB has not paid dividends to shareholders, while FTCS's dividend yield for the trailing twelve months is around 1.11%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWB Invesco Dynamic Large Cap Growth ETF | 0.00% | 0.00% | 0.08% | 0.37% | 0.31% | 0.04% | 0.21% | 0.58% | 0.97% | 0.54% | 0.82% | 0.67% |
FTCS First Trust Capital Strength ETF | 1.11% | 1.04% | 1.33% | 1.47% | 1.23% | 1.06% | 0.93% | 1.26% | 1.26% | 1.15% | 1.43% | 1.50% |
Drawdowns
PWB vs. FTCS - Drawdown Comparison
The maximum PWB drawdown since its inception was -52.58%, roughly equal to the maximum FTCS drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for PWB and FTCS.
Loading graphics...
Drawdown Indicators
| PWB | FTCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.58% | -53.64% | +1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -9.38% | -2.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.41% | -20.93% | -10.48% |
Max Drawdown (10Y)Largest decline over 10 years | -32.36% | -31.93% | -0.43% |
Current DrawdownCurrent decline from peak | -8.61% | -6.42% | -2.19% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -6.93% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.42% | +0.70% |
Volatility
PWB vs. FTCS - Volatility Comparison
Invesco Dynamic Large Cap Growth ETF (PWB) has a higher volatility of 7.98% compared to First Trust Capital Strength ETF (FTCS) at 3.20%. This indicates that PWB's price experiences larger fluctuations and is considered to be riskier than FTCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PWB | FTCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.98% | 3.20% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 15.16% | 7.06% | +8.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.23% | 13.60% | +9.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.96% | 13.14% | +7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.58% | 15.54% | +5.04% |