PWV vs. WEEK
PWV (Invesco Dynamic Large Cap Value ETF) and WEEK (Roundhill Weekly T-Bill ETF) are both exchange-traded funds - PWV is a Large Cap Value Equities fund tracking the Dynamic Large Cap Value Intellidex Index (AMEX), while WEEK is a Ultrashort Bond fund actively managed by Roundhill. PWV is passively managed, while WEEK is actively managed. Over the past year, PWV returned 25.33% vs 3.81% for WEEK. At a correlation of -0.01, they often move in opposite directions. PWV charges 0.58%/yr vs 0.19%/yr for WEEK.
Performance
PWV vs. WEEK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PWV achieves a 12.10% return, which is significantly higher than WEEK's 1.44% return.
PWV
- 1D
- -0.14%
- 1M
- 2.43%
- YTD
- 12.10%
- 6M
- 12.38%
- 1Y
- 25.33%
- 3Y*
- 20.79%
- 5Y*
- 12.50%
- 10Y*
- 11.81%
WEEK
- 1D
- 0.02%
- 1M
- 0.28%
- YTD
- 1.44%
- 6M
- 1.74%
- 1Y
- 3.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PWV vs. WEEK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PWV Invesco Dynamic Large Cap Value ETF | 12.10% | 14.78% |
WEEK Roundhill Weekly T-Bill ETF | 1.44% | 3.37% |
Correlation
The correlation between PWV and WEEK is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PWV vs. WEEK — Risk / Return Rank
PWV
WEEK
PWV vs. WEEK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Large Cap Value ETF (PWV) and Roundhill Weekly T-Bill ETF (WEEK). 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.
| PWV | WEEK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.55 | ||
| Sortino ratioReturn per unit of downside risk | -15.21 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 4.65 | -3.17 |
| Calmar ratioReturn relative to maximum drawdown | 6.28 | 29.49 | -23.21 |
| Martin ratioReturn relative to average drawdown | 21.16 | 263.82 | -242.66 |
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 charts...
Sharpe Ratios by Period
| PWV | WEEK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 9.29 | -6.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 10.05 | -9.64 |
Drawdowns
PWV vs. WEEK - Drawdown Comparison
The maximum PWV drawdown since its inception was -49.04%, which is greater than WEEK's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for PWV and WEEK.
Loading charts...
Drawdown Indicators
| PWV | WEEK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.04% | -0.13% | -48.91% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -0.13% | -3.92% |
Max Drawdown (3Y)Largest decline over 3 years | -14.31% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.67% | — | — |
Current DrawdownCurrent decline from peak | -0.51% | 0.00% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -9.50% | -0.01% | -9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 0.01% | +1.19% |
Volatility
PWV vs. WEEK - Volatility Comparison
Invesco Dynamic Large Cap Value ETF (PWV) has a higher volatility of 2.35% compared to Roundhill Weekly T-Bill ETF (WEEK) at 0.07%. This indicates that PWV's price experiences larger fluctuations and is considered to be riskier than WEEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PWV | WEEK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.35% | 0.07% | +2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 6.62% | 0.25% | +6.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.31% | 0.41% | +8.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 0.39% | +13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.16% | 0.39% | +16.77% |
PWV vs. WEEK - Expense Ratio Comparison
PWV has a 0.58% expense ratio, which is higher than WEEK's 0.19% expense ratio.
Dividends
PWV vs. WEEK - Dividend Comparison
PWV's dividend yield for the trailing twelve months is around 1.81%, less than WEEK's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWV Invesco Dynamic Large Cap Value ETF | 1.81% | 2.12% | 2.08% | 2.16% | 2.29% | 1.89% | 2.66% | 2.24% | 2.34% | 1.55% | 2.35% | 2.42% |
WEEK Roundhill Weekly T-Bill ETF | 3.72% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PWV and WEEK have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWV has higher volatility (2.35%) compared to WEEK (0.07%). In terms of maximum drawdown, PWV dropped -49.04% vs WEEK's -0.13%.
On 1-year performance, PWV leads with 25.33% vs 3.81% for WEEK. On fees, WEEK is cheaper at 0.19% per year. On volatility, WEEK has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PWV has performed better with a 25.33% return vs 3.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WEEK is cheaper with a 0.19% expense ratio, compared with 0.58% for PWV.
WEEK has the higher dividend yield at 3.72%, compared with 1.81% for PWV.
PWV is categorized as Large Cap Value Equities, while WEEK is Ultrashort Bond. They also come from different issuers: Invesco and Roundhill. Their fees differ too: 0.58% for PWV and 0.19% for WEEK.
WEEK currently has the higher Sharpe Ratio (9.29 vs 2.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PWV and WEEK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer