RBLD vs. PSCI

Last updated Jun 25, 2026

RBLD (First Trust Alerian U.S. NextGen Infrastructure ETF) and PSCI (Invesco S&P SmallCap Industrials ETF) are both Industrials Equities funds - RBLD tracks the Alerian US NextGen Infrastructure Index - Benchmark TR Net while PSCI tracks the S&P SmallCap 600 Industrials Index. Both are passively managed. Over the past 10 years, RBLD returned 9.17%/yr vs 16.00%/yr for PSCI. A 0.69 correlation means they provide meaningful diversification when combined. RBLD charges 0.65%/yr vs 0.29%/yr for PSCI.

Performance

RBLD vs. PSCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) and Invesco S&P SmallCap Industrials ETF (PSCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RBLD having a 20.20% return and PSCI slightly higher at 20.68%. Over the past 10 years, RBLD has underperformed PSCI with an annualized return of 9.17%, while PSCI has yielded a comparatively higher 16.00% annualized return.

RBLD

• 1D: 0.36%
• 1M: 1.58%
• YTD: 20.20%
• 6M: 18.74%
• 1Y: 27.47%
• 3Y*: 21.91%
• 5Y*: 11.72%
• 10Y*: 9.17%

PSCI

• 1D: 1.61%
• 1M: 7.61%
• YTD: 20.68%
• 6M: 17.35%
• 1Y: 41.01%
• 3Y*: 23.13%
• 5Y*: 14.99%
• 10Y*: 16.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RBLD vs. PSCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	20.20%	13.99%	17.94%	19.36%	-9.87%	12.98%	0.51%	12.81%	-21.72%	22.95%
PSCI Invesco S&P SmallCap Industrials ETF	20.68%	13.50%	16.68%	31.64%	-9.02%	24.44%	12.02%	29.80%	-13.20%	17.52%

Correlation

The correlation between RBLD and PSCI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 7, 2010	0.69

The correlation between RBLD and PSCI shifts across timeframes, from 0.69 (all time) to 0.84 (3 years), reflecting how their relationship changes across market environments.

RBLD vs. PSCI - Sectors Allocation Comparison

Sectors	RBLD	PSCI
Industrials	40.4%	83.2%
Utilities	27.6%	-
Technology	11.8%	6.9%
Energy	8.7%	1.8%
Basic Materials	6.6%	0.9%
Real Estate	4.9%	0.9%
Communication Services	1.0%	0.3%
Consumer Cyclical	-	5.2%
Consumer Defensive	-	-
Financial Services	-	0.1%
Healthcare	-	0.5%

Return for Risk

RBLD vs. PSCI — Risk / Return Rank

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

RBLD

RBLD Risk / Return Rank: 72
RBLD Sharpe Ratio Rank: 70
RBLD Sortino Ratio Rank: 67
RBLD Omega Ratio Rank: 63
RBLD Calmar Ratio Rank: 82
RBLD Martin Ratio Rank: 77

PSCI

PSCI Risk / Return Rank: 64
PSCI Sharpe Ratio Rank: 67
PSCI Sortino Ratio Rank: 69
PSCI Omega Ratio Rank: 60
PSCI Calmar Ratio Rank: 63
PSCI Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RBLD vs. PSCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) and Invesco S&P SmallCap Industrials ETF (PSCI). 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.

	RBLD	PSCI	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.92	+0.06
Sortino ratio: Return per unit of downside risk	2.68	2.78	-0.10
Omega ratio: Gain probability vs. loss probability	1.33	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	3.84	2.77	+1.07
Martin ratio: Return relative to average drawdown	13.03	9.42	+3.61

RBLD vs. PSCI - Sharpe Ratio Comparison

The current RBLD Sharpe Ratio is 1.99, which is comparable to the PSCI Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of RBLD and PSCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RBLD vs. PSCI - Drawdown Comparison

The maximum RBLD drawdown since its inception was -50.07%, which is greater than PSCI's maximum drawdown of -45.55%. Use the drawdown chart below to compare losses from any high point for RBLD and PSCI.

Drawdown Indicators

	RBLD	PSCI	Difference
Max Drawdown Largest peak-to-trough decline	-50.07%	-45.55%	-4.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	-14.88%	+7.69%
Max Drawdown (3Y) Largest decline over 3 years	-19.14%	-29.36%	+10.22%
Max Drawdown (5Y) Largest decline over 5 years	-22.54%	-29.36%	+6.82%
Max Drawdown (10Y) Largest decline over 10 years	-50.07%	-45.55%	-4.52%
Current Drawdown Current decline from peak	-1.08%	-0.15%	-0.93%
Average Drawdown Average peak-to-trough decline	-10.81%	-6.89%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	4.37%	-2.26%

Volatility

RBLD vs. PSCI - Volatility Comparison

The current volatility for First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) is 4.87%, while Invesco S&P SmallCap Industrials ETF (PSCI) has a volatility of 5.89%. This indicates that RBLD experiences smaller price fluctuations and is considered to be less risky than PSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBLD	PSCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	5.89%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	15.87%	-5.00%
Volatility (1Y) Calculated over the trailing 1-year period	13.93%	21.44%	-7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	23.00%	-6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.61%	25.25%	-6.64%

RBLD vs. PSCI - Expense Ratio Comparison

RBLD has a 0.65% expense ratio, which is higher than PSCI's 0.29% expense ratio.

Dividends

RBLD vs. PSCI - Dividend Comparison

RBLD's dividend yield for the trailing twelve months is around 1.01%, less than PSCI's 1.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCI Invesco S&P SmallCap Industrials ETF	1.31%	1.56%	0.65%	0.72%	0.87%	0.69%	0.59%	0.64%	0.67%	0.71%	0.74%	1.02%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	1.01%	1.19%	1.31%	1.16%	2.10%	1.45%	2.88%	1.84%	1.74%	1.49%	2.01%	1.17%

Frequently Asked Questions

Can I hold both RBLD and PSCI in my portfolio?

RBLD and PSCI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RBLD or PSCI?

PSCI has higher volatility (5.89%) compared to RBLD (4.87%). In terms of maximum drawdown, RBLD dropped -50.07% vs PSCI's -45.55%.

Which ETF is better, RBLD or PSCI?

On 10-year performance, PSCI leads with 16.00% vs 9.17% for RBLD. On fees, PSCI is cheaper at 0.29% per year. On volatility, RBLD has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RBLD or PSCI?

Over the 10-year period, PSCI has performed better with a 16.00% return vs 9.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RBLD or PSCI?

PSCI is cheaper with a 0.29% expense ratio, compared with 0.65% for RBLD.

Which ETF pays a higher dividend yield, RBLD or PSCI?

PSCI has the higher dividend yield at 1.31%, compared with 1.01% for RBLD.

What is the main difference between RBLD and PSCI?

RBLD tracks Alerian US NextGen Infrastructure Index - Benchmark TR Net, while PSCI tracks S&P SmallCap 600 Industrials Index. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.65% for RBLD and 0.29% for PSCI.

Which has better risk-adjusted returns?

RBLD currently has the higher Sharpe Ratio (1.99 vs 1.92), 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.