PXH vs. WDS
PXH (Invesco FTSE RAFI Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE RAFI Emerging Markets Index, while WDS (Woodside Energy Group Ltd) is a stock. Over the past 10 years, PXH returned 10.91%/yr vs 7.93%/yr for WDS. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
PXH vs. WDS - Performance Comparison
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Returns By Period
In the year-to-date period, PXH achieves a 12.73% return, which is significantly lower than WDS's 52.08% return. Over the past 10 years, PXH has outperformed WDS with an annualized return of 10.91%, while WDS has yielded a comparatively lower 7.93% annualized return.
PXH
- 1D
- 0.66%
- 1M
- -1.13%
- YTD
- 12.73%
- 6M
- 14.41%
- 1Y
- 29.04%
- 3Y*
- 20.06%
- 5Y*
- 8.70%
- 10Y*
- 10.91%
WDS
- 1D
- 6.17%
- 1M
- 2.76%
- YTD
- 52.08%
- 6M
- 46.18%
- 1Y
- 58.11%
- 3Y*
- 6.16%
- 5Y*
- 12.79%
- 10Y*
- 7.93%
PXH vs. WDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PXH Invesco FTSE RAFI Emerging Markets ETF | 12.73% | 31.44% | 12.09% | 13.93% | -15.18% | 8.31% | -1.91% | 16.77% | -8.68% | 26.60% |
WDS Woodside Energy Group Ltd | 52.08% | 6.78% | -20.60% | -4.42% | 68.06% | -6.77% | -24.23% | 14.38% | -9.70% | 19.32% |
Correlation
The correlation between PXH and WDS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007 | 0.54 |
Over the past year, the correlation between PXH and WDS has dropped to 0.13 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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Return for Risk
PXH vs. WDS — Risk / Return Rank
PXH
WDS
PXH vs. WDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI Emerging Markets ETF (PXH) and Woodside Energy Group Ltd (WDS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PXH | WDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.40 | -0.55 |
| Martin ratioReturn relative to average drawdown | 10.21 | 7.88 | +2.33 |
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Drawdowns
PXH vs. WDS - Drawdown Comparison
The maximum PXH drawdown since its inception was -63.63%, smaller than the maximum WDS drawdown of -77.06%. Use the drawdown chart below to compare losses from any high point for PXH and WDS.
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Drawdown Indicators
| PXH | WDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.63% | -77.06% | +13.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -17.16% | +6.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.72% | -48.77% | +31.05% |
Max Drawdown (5Y)Largest decline over 5 years | -29.59% | -48.77% | +19.18% |
Max Drawdown (10Y)Largest decline over 10 years | -40.42% | -66.16% | +25.74% |
Current DrawdownCurrent decline from peak | -3.27% | -10.20% | +6.93% |
Average DrawdownAverage peak-to-trough decline | -16.84% | -39.55% | +22.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 7.40% | -4.55% |
Volatility
PXH vs. WDS - Volatility Comparison
The current volatility for Invesco FTSE RAFI Emerging Markets ETF (PXH) is 6.41%, while Woodside Energy Group Ltd (WDS) has a volatility of 10.13%. This indicates that PXH experiences smaller price fluctuations and is considered to be less risky than WDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PXH | WDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 10.13% | -3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 24.23% | -11.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.90% | 30.62% | -14.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.87% | 33.40% | -15.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.06% | 33.78% | -13.72% |
Dividends
PXH vs. WDS - Dividend Comparison
PXH's dividend yield for the trailing twelve months is around 3.49%, less than WDS's 4.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXH Invesco FTSE RAFI Emerging Markets ETF | 3.49% | 4.02% | 4.43% | 4.84% | 5.33% | 4.69% | 2.79% | 3.28% | 3.30% | 2.74% | 1.97% | 3.44% |
WDS Woodside Energy Group Ltd | 4.85% | 6.80% | 8.27% | 10.62% | 8.84% | 2.39% | 4.41% | 5.12% | 5.45% | 3.65% | 5.21% | 9.84% |
Frequently Asked Questions
PXH and WDS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDS has higher volatility (10.13%) compared to PXH (6.41%). In terms of maximum drawdown, PXH dropped -63.63% vs WDS's -77.06%.
WDS currently has the higher Sharpe Ratio (1.91 vs 1.84), 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.
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