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PYZ vs. XLB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PYZ and XLB is 0.88, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

PYZ vs. XLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Basic Materials Momentum ETF (PYZ) and Materials Select Sector SPDR ETF (XLB). The values are adjusted to include any dividend payments, if applicable.

280.00%300.00%320.00%340.00%360.00%380.00%NovemberDecember2025FebruaryMarchApril
323.20%
302.47%
PYZ
XLB

Key characteristics

Sharpe Ratio

PYZ:

-0.34

XLB:

-0.30

Sortino Ratio

PYZ:

-0.34

XLB:

-0.33

Omega Ratio

PYZ:

0.96

XLB:

0.96

Calmar Ratio

PYZ:

-0.40

XLB:

-0.30

Martin Ratio

PYZ:

-0.94

XLB:

-0.68

Ulcer Index

PYZ:

6.70%

XLB:

6.34%

Daily Std Dev

PYZ:

18.78%

XLB:

14.22%

Max Drawdown

PYZ:

-65.15%

XLB:

-59.83%

Current Drawdown

PYZ:

-14.08%

XLB:

-9.99%

Returns By Period

In the year-to-date period, PYZ achieves a -0.70% return, which is significantly lower than XLB's 3.90% return. Over the past 10 years, PYZ has underperformed XLB with an annualized return of 5.96%, while XLB has yielded a comparatively higher 8.10% annualized return.


PYZ

YTD

-0.70%

1M

-1.18%

6M

-9.18%

1Y

-5.76%

5Y*

18.75%

10Y*

5.96%

XLB

YTD

3.90%

1M

0.51%

6M

-8.24%

1Y

-3.94%

5Y*

17.75%

10Y*

8.10%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PYZ vs. XLB - Expense Ratio Comparison

PYZ has a 0.60% expense ratio, which is higher than XLB's 0.13% expense ratio.


PYZ
Invesco DWA Basic Materials Momentum ETF
Expense ratio chart for PYZ: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PYZ: 0.60%
Expense ratio chart for XLB: current value is 0.13%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLB: 0.13%

Risk-Adjusted Performance

PYZ vs. XLB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PYZ
The Risk-Adjusted Performance Rank of PYZ is 77
Overall Rank
The Sharpe Ratio Rank of PYZ is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of PYZ is 77
Sortino Ratio Rank
The Omega Ratio Rank of PYZ is 77
Omega Ratio Rank
The Calmar Ratio Rank of PYZ is 55
Calmar Ratio Rank
The Martin Ratio Rank of PYZ is 66
Martin Ratio Rank

XLB
The Risk-Adjusted Performance Rank of XLB is 99
Overall Rank
The Sharpe Ratio Rank of XLB is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of XLB is 88
Sortino Ratio Rank
The Omega Ratio Rank of XLB is 88
Omega Ratio Rank
The Calmar Ratio Rank of XLB is 77
Calmar Ratio Rank
The Martin Ratio Rank of XLB is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PYZ vs. XLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Basic Materials Momentum ETF (PYZ) and Materials Select Sector SPDR ETF (XLB). 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.


Sharpe ratio
The chart of Sharpe ratio for PYZ, currently valued at -0.34, compared to the broader market-1.000.001.002.003.004.005.00
PYZ: -0.34
XLB: -0.30
The chart of Sortino ratio for PYZ, currently valued at -0.34, compared to the broader market-2.000.002.004.006.008.0010.0012.00
PYZ: -0.34
XLB: -0.33
The chart of Omega ratio for PYZ, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.00
PYZ: 0.96
XLB: 0.96
The chart of Calmar ratio for PYZ, currently valued at -0.40, compared to the broader market0.005.0010.0015.00
PYZ: -0.40
XLB: -0.30
The chart of Martin ratio for PYZ, currently valued at -0.94, compared to the broader market0.0020.0040.0060.0080.00100.00
PYZ: -0.94
XLB: -0.68

The current PYZ Sharpe Ratio is -0.34, which is comparable to the XLB Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of PYZ and XLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.34
-0.30
PYZ
XLB

Dividends

PYZ vs. XLB - Dividend Comparison

PYZ's dividend yield for the trailing twelve months is around 1.16%, less than XLB's 1.95% yield.


TTM20242023202220212020201920182017201620152014
PYZ
Invesco DWA Basic Materials Momentum ETF
1.16%1.13%1.19%1.18%0.33%1.04%1.38%1.20%0.53%1.07%1.25%1.02%
XLB
Materials Select Sector SPDR ETF
1.95%1.92%2.00%2.26%1.62%1.72%1.98%2.20%1.66%1.95%2.24%1.97%

Drawdowns

PYZ vs. XLB - Drawdown Comparison

The maximum PYZ drawdown since its inception was -65.15%, which is greater than XLB's maximum drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for PYZ and XLB. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-14.08%
-9.99%
PYZ
XLB

Volatility

PYZ vs. XLB - Volatility Comparison

Invesco DWA Basic Materials Momentum ETF (PYZ) has a higher volatility of 6.31% compared to Materials Select Sector SPDR ETF (XLB) at 5.03%. This indicates that PYZ's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
6.31%
5.03%
PYZ
XLB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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