PWV vs. VDIGX
Compare and contrast key facts about Invesco Dynamic Large Cap Value ETF (PWV) and Vanguard Dividend Growth Fund (VDIGX).
PWV is a passively managed fund by Invesco that tracks the performance of the Dynamic Large Cap Value Intellidex Index (AMEX). It was launched on Mar 3, 2005. VDIGX is managed by Vanguard. It was launched on May 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PWV or VDIGX.
Performance
PWV vs. VDIGX - Performance Comparison
Returns By Period
In the year-to-date period, PWV achieves a 20.74% return, which is significantly higher than VDIGX's 11.59% return. Over the past 10 years, PWV has underperformed VDIGX with an annualized return of 9.22%, while VDIGX has yielded a comparatively higher 10.78% annualized return.
PWV
20.74%
1.01%
8.66%
29.29%
11.06%
9.22%
VDIGX
11.59%
-3.44%
5.27%
18.07%
10.69%
10.78%
Key characteristics
| PWV | VDIGX | |
|---|---|---|
| Sharpe Ratio | 2.59 | 2.06 |
| Sortino Ratio | 3.71 | 2.83 |
| Omega Ratio | 1.47 | 1.36 |
| Calmar Ratio | 4.86 | 3.74 |
| Martin Ratio | 14.87 | 10.93 |
| Ulcer Index | 2.03% | 1.64% |
| Daily Std Dev | 11.67% | 8.73% |
| Max Drawdown | -49.04% | -45.23% |
| Current Drawdown | -0.54% | -3.44% |
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PWV vs. VDIGX - Expense Ratio Comparison
PWV has a 0.58% expense ratio, which is higher than VDIGX's 0.27% expense ratio.
Correlation
The correlation between PWV and VDIGX is 0.89, 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.
Risk-Adjusted Performance
PWV vs. VDIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Large Cap Value ETF (PWV) and Vanguard Dividend Growth Fund (VDIGX). 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
PWV vs. VDIGX - Dividend Comparison
PWV's dividend yield for the trailing twelve months is around 1.92%, more than VDIGX's 1.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWV Invesco Dynamic Large Cap Value ETF | 1.92% | 2.16% | 2.29% | 1.89% | 2.66% | 2.24% | 2.34% | 1.55% | 2.35% | 2.42% | 1.93% | 1.82% |
VDIGX Vanguard Dividend Growth Fund | 1.65% | 1.69% | 1.67% | 1.46% | 1.62% | 1.72% | 2.15% | 1.92% | 1.92% | 1.93% | 1.91% | 1.80% |
Drawdowns
PWV vs. VDIGX - Drawdown Comparison
The maximum PWV drawdown since its inception was -49.04%, which is greater than VDIGX's maximum drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for PWV and VDIGX. For additional features, visit the drawdowns tool.
Volatility
PWV vs. VDIGX - Volatility Comparison
Invesco Dynamic Large Cap Value ETF (PWV) has a higher volatility of 4.46% compared to Vanguard Dividend Growth Fund (VDIGX) at 2.43%. This indicates that PWV's price experiences larger fluctuations and is considered to be riskier than VDIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.