SPVU vs. CSTK

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Enhanced Value ETF (SPVU) and Invesco Comstock Contrarian Equity ETF (CSTK).

SPVU and CSTK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPVU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Enhanced Value Index. It was launched on Oct 9, 2015. CSTK is an actively managed fund by Invesco. It was launched on May 5, 2025.

Performance

SPVU vs. CSTK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Enhanced Value ETF (SPVU) and Invesco Comstock Contrarian Equity ETF (CSTK). The values are adjusted to include any dividend payments, if applicable.

SPVU vs. CSTK - Yearly Performance Comparison

	2026 (YTD)	2025
SPVU Invesco S&P 500 Enhanced Value ETF	5.51%	16.87%
CSTK Invesco Comstock Contrarian Equity ETF	0.39%	18.33%

Returns By Period

In the year-to-date period, SPVU achieves a 5.51% return, which is significantly higher than CSTK's 0.39% return.

SPVU

• 1D: 0.76%
• 1M: -3.49%
• YTD: 5.51%
• 6M: 10.86%
• 1Y: 18.92%
• 3Y*: 17.49%
• 5Y*: 11.27%
• 10Y*: 12.17%

CSTK

• 1D: 0.37%
• 1M: -5.13%
• YTD: 0.39%
• 6M: 4.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPVU vs. CSTK - Expense Ratio Comparison

SPVU has a 0.13% expense ratio, which is lower than CSTK's 0.35% expense ratio.

CSTK

Invesco Comstock Contrarian Equity ETF

SPVU

Invesco S&P 500 Enhanced Value ETF

Return for Risk

SPVU vs. CSTK — Risk / Return Rank

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

SPVU

SPVU Risk / Return Rank: 56
SPVU Sharpe Ratio Rank: 60
SPVU Sortino Ratio Rank: 58
SPVU Omega Ratio Rank: 57
SPVU Calmar Ratio Rank: 51
SPVU Martin Ratio Rank: 55

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.

SPVU vs. CSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Enhanced Value ETF (SPVU) and Invesco Comstock Contrarian Equity ETF (CSTK). 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.

	SPVU	CSTK	Difference
Sharpe ratio Return per unit of total volatility	1.14	—	—
Sortino ratio Return per unit of downside risk	1.61	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.54	—	—
Martin ratio Return relative to average drawdown	6.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SPVU	CSTK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	1.82	-1.27

Correlation

The correlation between SPVU and CSTK is 0.87, 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.

Dividends

SPVU vs. CSTK - Dividend Comparison

SPVU's dividend yield for the trailing twelve months is around 2.28%, more than CSTK's 1.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPVU Invesco S&P 500 Enhanced Value ETF	2.28%	2.42%	2.71%	3.05%	2.49%	2.31%	2.70%	2.23%	2.48%	2.37%	1.11%	0.54%
CSTK Invesco Comstock Contrarian Equity ETF	1.96%	1.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SPVU vs. CSTK - Drawdown Comparison

The maximum SPVU drawdown since its inception was -48.05%, which is greater than CSTK's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for SPVU and CSTK.

Drawdown Indicators

	SPVU	CSTK	Difference
Max Drawdown Largest peak-to-trough decline	-48.05%	-8.87%	-39.18%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.05%	—	—
Current Drawdown Current decline from peak	-3.49%	-6.43%	+2.94%
Average Drawdown Average peak-to-trough decline	-6.43%	-1.28%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	—	—

Volatility

Volatility by Period

	SPVU	CSTK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	11.68%	+4.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	11.68%	+5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.08%	11.68%	+9.40%