PWC vs. SPY
Compare and contrast key facts about Invesco Dynamic Market ETF (PWC) and SPDR S&P 500 ETF (SPY).
PWC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PWC is a passively managed fund by Invesco that tracks the performance of the Dynamic Market Intellidex Index (AMEX). It was launched on May 1, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both PWC and SPY 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: PWC or SPY.
Correlation
The correlation between PWC and SPY is 0.85, 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
PWC vs. SPY - Performance Comparison
Key characteristics
Returns By Period
PWC
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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PWC vs. SPY - Expense Ratio Comparison
PWC has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PWC vs. SPY — Risk-Adjusted Performance Rank
PWC
SPY
PWC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Market ETF (PWC) and SPDR S&P 500 ETF (SPY). 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
PWC vs. SPY - Dividend Comparison
PWC has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWC Invesco Dynamic Market ETF | 0.00% | 0.80% | 1.67% | 1.51% | 0.56% | 1.09% | 0.95% | 1.44% | 1.75% | 1.35% | 1.02% | 0.82% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PWC vs. SPY - Drawdown Comparison
Volatility
PWC vs. SPY - Volatility Comparison
The current volatility for Invesco Dynamic Market ETF (PWC) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that PWC experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.