ROKT vs. PSCI

Last updated Jun 4, 2026

ROKT (SPDR S&P Kensho Final Frontiers ETF) and PSCI (Invesco S&P SmallCap Industrials ETF) are both Industrials Equities funds - ROKT tracks the S&P Kensho Final Frontiers Index while PSCI tracks the S&P SmallCap 600 Industrials Index. Both are passively managed. Over the past 5 years, ROKT returned 24.68%/yr vs 13.36%/yr for PSCI. A 0.78 correlation means they provide meaningful diversification when combined. ROKT charges 0.45%/yr vs 0.29%/yr for PSCI.

Performance

ROKT vs. PSCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Final Frontiers ETF (ROKT) and Invesco S&P SmallCap Industrials ETF (PSCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROKT achieves a 46.55% return, which is significantly higher than PSCI's 13.72% return.

ROKT

• 1D: -3.71%
• 1M: 12.62%
• YTD: 46.55%
• 6M: 60.20%
• 1Y: 111.37%
• 3Y*: 44.75%
• 5Y*: 24.68%
• 10Y*: —

PSCI

• 1D: -0.49%
• 1M: 0.56%
• YTD: 13.72%
• 6M: 13.66%
• 1Y: 35.33%
• 3Y*: 21.37%
• 5Y*: 13.36%
• 10Y*: 14.92%

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

ROKT vs. PSCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ROKT SPDR S&P Kensho Final Frontiers ETF	46.55%	50.56%	27.89%	14.41%	-0.81%	4.63%	7.99%	40.90%	-13.20%
PSCI Invesco S&P SmallCap Industrials ETF	13.72%	13.50%	16.68%	31.64%	-9.02%	24.44%	12.02%	29.80%	-12.30%

Correlation

The correlation between ROKT and PSCI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018	0.78

The correlation between ROKT and PSCI shifts across timeframes, from 0.64 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

ROKT vs. PSCI - Sectors Allocation Comparison

Sectors	ROKT	PSCI
Industrials	67.6%	82.9%
Technology	20.2%	7.1%
Energy	6.4%	2.1%
Communication Services	5.9%	0.4%
Basic Materials	-	0.9%
Consumer Cyclical	-	5.4%
Consumer Defensive	-	-
Financial Services	-	0.0%
Healthcare	-	0.5%
Real Estate	-	0.7%
Utilities	-	-

Return for Risk

ROKT vs. PSCI — Risk / Return Rank

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

ROKT

ROKT Risk / Return Rank: 93
ROKT Sharpe Ratio Rank: 95
ROKT Sortino Ratio Rank: 92
ROKT Omega Ratio Rank: 89
ROKT Calmar Ratio Rank: 96
ROKT Martin Ratio Rank: 96

PSCI

PSCI Risk / Return Rank: 48
PSCI Sharpe Ratio Rank: 48
PSCI Sortino Ratio Rank: 51
PSCI Omega Ratio Rank: 46
PSCI Calmar Ratio Rank: 48
PSCI Martin Ratio Rank: 49

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.

ROKT vs. PSCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) 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.

	ROKT	PSCI	Difference
Sharpe ratio: Return per unit of total volatility	3.88	1.69	+2.19
Sortino ratio: Return per unit of downside risk	4.47	2.49	+1.98
Omega ratio: Gain probability vs. loss probability	1.57	1.29	+0.28
Calmar ratio: Return relative to maximum drawdown	9.82	2.39	+7.44
Martin ratio: Return relative to average drawdown	35.81	8.11	+27.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROKT vs. PSCI - Sharpe Ratio Comparison

The current ROKT Sharpe Ratio is 3.88, which is higher than the PSCI Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of ROKT 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.

Sharpe Ratios by Period

	ROKT	PSCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.88	1.69	+2.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	0.58	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.57	+0.29

Drawdowns

ROKT vs. PSCI - Drawdown Comparison

The maximum ROKT drawdown since its inception was -43.16%, smaller than the maximum PSCI drawdown of -45.55%. Use the drawdown chart below to compare losses from any high point for ROKT and PSCI.

Drawdown Indicators

	ROKT	PSCI	Difference
Max Drawdown Largest peak-to-trough decline	-43.16%	-45.55%	+2.39%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-14.88%	+3.48%
Max Drawdown (3Y) Largest decline over 3 years	-23.46%	-29.36%	+5.90%
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	-29.36%	+5.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.55%	—
Current Drawdown Current decline from peak	-8.82%	-2.90%	-5.92%
Average Drawdown Average peak-to-trough decline	-6.75%	-6.91%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	4.37%	-1.25%

Volatility

ROKT vs. PSCI - Volatility Comparison

SPDR S&P Kensho Final Frontiers ETF (ROKT) has a higher volatility of 13.10% compared to Invesco S&P SmallCap Industrials ETF (PSCI) at 6.10%. This indicates that ROKT's price experiences larger fluctuations and is considered to be riskier than PSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROKT	PSCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	6.10%	+7.00%
Volatility (6M) Calculated over the trailing 6-month period	24.98%	15.45%	+9.53%
Volatility (1Y) Calculated over the trailing 1-year period	28.89%	21.05%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.78%	23.02%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.14%	25.25%	-0.11%

ROKT vs. PSCI - Expense Ratio Comparison

ROKT has a 0.45% expense ratio, which is higher than PSCI's 0.29% expense ratio.

Dividends

ROKT vs. PSCI - Dividend Comparison

ROKT's dividend yield for the trailing twelve months is around 0.27%, less than PSCI's 1.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCI Invesco S&P SmallCap Industrials ETF	1.40%	1.56%	0.65%	0.72%	0.87%	0.69%	0.59%	0.64%	0.67%	0.71%	0.74%	1.02%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.27%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROKT and PSCI in my portfolio?

ROKT and PSCI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROKT or PSCI?

ROKT has higher volatility (13.10%) compared to PSCI (6.10%). In terms of maximum drawdown, ROKT dropped -43.16% vs PSCI's -45.55%.

Which ETF is better, ROKT or PSCI?

On 5-year performance, ROKT leads with 24.68% vs 13.36% for PSCI. On fees, PSCI is cheaper at 0.29% per year. On volatility, PSCI has been the lower-risk option at 6.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROKT or PSCI?

Over the 5-year period, ROKT has performed better with a 24.68% return vs 13.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROKT or PSCI?

PSCI is cheaper with a 0.29% expense ratio, compared with 0.45% for ROKT.

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

PSCI has the higher dividend yield at 1.40%, compared with 0.27% for ROKT.

What is the main difference between ROKT and PSCI?

ROKT tracks S&P Kensho Final Frontiers Index, while PSCI tracks S&P SmallCap 600 Industrials Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.45% for ROKT and 0.29% for PSCI.

Which has better risk-adjusted returns?

ROKT currently has the higher Sharpe Ratio (3.88 vs 1.69), 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.