Correlation
The correlation between PXH and PXF is 0.70, 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.
PXH vs. PXF
Compare and contrast key facts about Invesco FTSE RAFI Emerging Markets ETF (PXH) and Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF).
PXH and PXF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXH is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI Emerging Markets Index. It was launched on Sep 27, 2007. PXF is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI Developed Markets ex-U.S. Index. It was launched on Jun 25, 2007. Both PXH and PXF 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: PXH or PXF.
Performance
PXH vs. PXF - Performance Comparison
Loading data...
Key characteristics
PXH:
0.59
PXF:
0.94
PXH:
0.86
PXF:
1.31
PXH:
1.11
PXF:
1.18
PXH:
0.60
PXF:
1.07
PXH:
1.61
PXF:
3.44
PXH:
6.59%
PXF:
4.35%
PXH:
21.49%
PXF:
17.02%
PXH:
-63.63%
PXF:
-64.74%
PXH:
-2.89%
PXF:
-0.23%
Returns By Period
In the year-to-date period, PXH achieves a 8.93% return, which is significantly lower than PXF's 18.69% return. Over the past 10 years, PXH has underperformed PXF with an annualized return of 4.99%, while PXF has yielded a comparatively higher 6.35% annualized return.
PXH
8.93%
3.98%
8.42%
13.72%
9.19%
10.57%
4.99%
PXF
18.69%
5.60%
15.48%
14.77%
11.75%
14.77%
6.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PXH vs. PXF - Expense Ratio Comparison
PXH has a 0.50% expense ratio, which is higher than PXF's 0.45% expense ratio.
Risk-Adjusted Performance
PXH vs. PXF — Risk-Adjusted Performance Rank
PXH
PXF
PXH vs. PXF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI Emerging Markets ETF (PXH) and Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF). 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.
Loading data...
Dividends
PXH vs. PXF - Dividend Comparison
PXH's dividend yield for the trailing twelve months is around 4.34%, more than PXF's 3.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXH Invesco FTSE RAFI Emerging Markets ETF | 4.34% | 4.43% | 4.84% | 5.33% | 4.69% | 2.79% | 3.28% | 3.30% | 2.74% | 1.98% | 3.44% | 3.19% |
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 3.12% | 3.48% | 3.55% | 3.58% | 3.73% | 2.11% | 3.50% | 3.38% | 2.78% | 3.21% | 3.10% | 4.01% |
Drawdowns
PXH vs. PXF - Drawdown Comparison
The maximum PXH drawdown since its inception was -63.63%, roughly equal to the maximum PXF drawdown of -64.74%. Use the drawdown chart below to compare losses from any high point for PXH and PXF.
Loading data...
Volatility
PXH vs. PXF - Volatility Comparison
Invesco FTSE RAFI Emerging Markets ETF (PXH) has a higher volatility of 4.44% compared to Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) at 2.75%. This indicates that PXH's price experiences larger fluctuations and is considered to be riskier than PXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...