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SPHD vs. PEY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPHD and PEY is 0.71, 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: 0.7

Performance

SPHD vs. PEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). The values are adjusted to include any dividend payments, if applicable.

180.00%200.00%220.00%240.00%260.00%280.00%NovemberDecember2025FebruaryMarchApril
201.77%
234.75%
SPHD
PEY

Key characteristics

Sharpe Ratio

SPHD:

0.83

PEY:

0.17

Sortino Ratio

SPHD:

1.19

PEY:

0.36

Omega Ratio

SPHD:

1.17

PEY:

1.05

Calmar Ratio

SPHD:

0.90

PEY:

0.17

Martin Ratio

SPHD:

3.26

PEY:

0.57

Ulcer Index

SPHD:

3.66%

PEY:

5.23%

Daily Std Dev

SPHD:

14.37%

PEY:

17.32%

Max Drawdown

SPHD:

-41.39%

PEY:

-72.82%

Current Drawdown

SPHD:

-7.74%

PEY:

-12.55%

Returns By Period

In the year-to-date period, SPHD achieves a -1.45% return, which is significantly higher than PEY's -5.44% return. Both investments have delivered pretty close results over the past 10 years, with SPHD having a 7.89% annualized return and PEY not far ahead at 8.25%.


SPHD

YTD

-1.45%

1M

-4.97%

6M

-4.28%

1Y

12.60%

5Y*

12.29%

10Y*

7.89%

PEY

YTD

-5.44%

1M

-7.24%

6M

-6.19%

1Y

3.62%

5Y*

12.12%

10Y*

8.25%

*Annualized

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SPHD vs. PEY - Expense Ratio Comparison

SPHD has a 0.30% expense ratio, which is lower than PEY's 0.53% expense ratio.


Expense ratio chart for PEY: current value is 0.53%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PEY: 0.53%
Expense ratio chart for SPHD: current value is 0.30%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPHD: 0.30%

Risk-Adjusted Performance

SPHD vs. PEY — Risk-Adjusted Performance Rank

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

SPHD
The Risk-Adjusted Performance Rank of SPHD is 7676
Overall Rank
The Sharpe Ratio Rank of SPHD is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of SPHD is 7474
Sortino Ratio Rank
The Omega Ratio Rank of SPHD is 7575
Omega Ratio Rank
The Calmar Ratio Rank of SPHD is 8181
Calmar Ratio Rank
The Martin Ratio Rank of SPHD is 7676
Martin Ratio Rank

PEY
The Risk-Adjusted Performance Rank of PEY is 3535
Overall Rank
The Sharpe Ratio Rank of PEY is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of PEY is 3434
Sortino Ratio Rank
The Omega Ratio Rank of PEY is 3333
Omega Ratio Rank
The Calmar Ratio Rank of PEY is 3838
Calmar Ratio Rank
The Martin Ratio Rank of PEY is 3535
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.

SPHD vs. PEY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). 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.


The chart of Sharpe ratio for SPHD, currently valued at 0.83, compared to the broader market-1.000.001.002.003.004.00
SPHD: 0.83
PEY: 0.17
The chart of Sortino ratio for SPHD, currently valued at 1.19, compared to the broader market-2.000.002.004.006.008.00
SPHD: 1.19
PEY: 0.36
The chart of Omega ratio for SPHD, currently valued at 1.17, compared to the broader market0.501.001.502.002.50
SPHD: 1.17
PEY: 1.05
The chart of Calmar ratio for SPHD, currently valued at 0.90, compared to the broader market0.002.004.006.008.0010.0012.00
SPHD: 0.90
PEY: 0.17
The chart of Martin ratio for SPHD, currently valued at 3.26, compared to the broader market0.0020.0040.0060.00
SPHD: 3.26
PEY: 0.57

The current SPHD Sharpe Ratio is 0.83, which is higher than the PEY Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of SPHD and PEY, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.83
0.17
SPHD
PEY

Dividends

SPHD vs. PEY - Dividend Comparison

SPHD's dividend yield for the trailing twelve months is around 3.46%, less than PEY's 4.70% yield.


TTM20242023202220212020201920182017201620152014
SPHD
Invesco S&P 500® High Dividend Low Volatility ETF
3.46%3.41%4.48%3.89%3.45%4.89%4.07%4.40%3.14%3.83%3.49%3.24%
PEY
Invesco High Yield Equity Dividend Achievers™ ETF
4.70%4.44%4.58%4.22%3.83%4.30%3.78%4.33%3.21%3.12%3.44%3.24%

Drawdowns

SPHD vs. PEY - Drawdown Comparison

The maximum SPHD drawdown since its inception was -41.39%, smaller than the maximum PEY drawdown of -72.82%. Use the drawdown chart below to compare losses from any high point for SPHD and PEY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.74%
-12.55%
SPHD
PEY

Volatility

SPHD vs. PEY - Volatility Comparison

The current volatility for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) is 9.69%, while Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a volatility of 11.17%. This indicates that SPHD experiences smaller price fluctuations and is considered to be less risky than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
9.69%
11.17%
SPHD
PEY