SQS vs. PID

Last updated Jun 6, 2026

SQS (Sapient Quality Select ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds. SQS is actively managed, while PID is passively managed. A 0.64 correlation means they provide meaningful diversification when combined. SQS charges 0.80%/yr vs 0.56%/yr for PID.

Performance

SQS vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sapient Quality Select ETF (SQS) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SQS

• 1D: -3.19%
• 1M: -1.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PID

• 1D: -1.08%
• 1M: 1.01%
• YTD: 5.26%
• 6M: 5.74%
• 1Y: 15.49%
• 3Y*: 12.39%
• 5Y*: 8.24%
• 10Y*: 8.54%

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

SQS vs. PID - Yearly Performance Comparison

	2026 (YTD)
SQS Sapient Quality Select ETF	8.21%
PID Invesco International Dividend Achievers™ ETF	2.38%

Correlation

The correlation between SQS and PID 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 (All Time) Calculated using the full available price history since Mar 17, 2026	0.64

Return for Risk

SQS vs. PID — Risk / Return Rank

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

PID

PID Risk / Return Rank: 48
PID Sharpe Ratio Rank: 49
PID Sortino Ratio Rank: 53
PID Omega Ratio Rank: 49
PID Calmar Ratio Rank: 45
PID Martin Ratio Rank: 46

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.

SQS vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapient Quality Select ETF (SQS) and Invesco International Dividend Achievers™ ETF (PID). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SQS	PID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.24	0.27	+1.97

Drawdowns

SQS vs. PID - Drawdown Comparison

The maximum SQS drawdown since its inception was -7.18%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for SQS and PID.

Drawdown Indicators

	SQS	PID	Difference
Max Drawdown Largest peak-to-trough decline	-7.18%	-66.34%	+59.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.07%	—
Current Drawdown Current decline from peak	-4.14%	-2.37%	-1.77%
Average Drawdown Average peak-to-trough decline	-1.20%	-13.03%	+11.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.19%	—

Volatility

Volatility by Period

	SQS	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.82%	9.80%	+9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.82%	13.97%	+4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	17.84%	+0.98%

SQS vs. PID - Expense Ratio Comparison

SQS has a 0.80% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

SQS vs. PID - Dividend Comparison

SQS has not paid dividends to shareholders, while PID's dividend yield for the trailing twelve months is around 3.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PID Invesco International Dividend Achievers™ ETF	3.28%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%
SQS Sapient Quality Select ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SQS and PID in my portfolio?

SQS and PID 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 ETF is better, SQS or PID?

On fees, PID is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SQS or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.80% for SQS.

Which ETF pays a higher dividend yield, SQS or PID?

PID has the higher dividend yield at 3.28%, compared with 0.00% for SQS.

What is the main difference between SQS and PID?

They also come from different issuers: Sapient and Invesco. Their fees differ too: 0.80% for SQS and 0.56% for PID.