SROI vs. PID

Last updated Jun 4, 2026

SROI (Calamos Antetokounmpo Global Sustainable Equities ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds. SROI is actively managed, while PID is passively managed. Over the past 3 years, SROI returned 14.52%/yr vs 12.52%/yr for PID. A 0.71 correlation means they provide meaningful diversification when combined. SROI charges 0.95%/yr vs 0.56%/yr for PID.

Performance

SROI vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SROI achieves a 11.06% return, which is significantly higher than PID's 5.45% return.

SROI

• 1D: -0.71%
• 1M: 3.89%
• YTD: 11.06%
• 6M: 11.15%
• 1Y: 20.66%
• 3Y*: 14.52%
• 5Y*: —
• 10Y*: —

PID

• 1D: -1.07%
• 1M: 1.28%
• YTD: 5.45%
• 6M: 6.61%
• 1Y: 16.04%
• 3Y*: 12.52%
• 5Y*: 8.28%
• 10Y*: 8.80%

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

SROI vs. PID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	11.06%	16.36%	9.48%	9.18%
PID Invesco International Dividend Achievers™ ETF	5.45%	24.45%	3.08%	7.95%

Correlation

The correlation between SROI and PID is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Feb 7, 2023	0.71

The correlation between SROI and PID has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.

SROI vs. PID - Sectors Allocation Comparison

Sectors	SROI	PID
Technology	29.6%	8.7%
Industrials	18.1%	7.9%
Financial Services	13.6%	17.5%
Consumer Cyclical	9.2%	6.4%
Healthcare	8.8%	8.4%
Communication Services	7.4%	13.8%
Consumer Defensive	5.3%	6.0%
Basic Materials	4.4%	3.4%
Utilities	2.5%	14.2%
Real Estate	1.0%	0.4%
Energy	0.8%	13.3%

Return for Risk

SROI vs. PID — Risk / Return Rank

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

SROI

SROI Risk / Return Rank: 46
SROI Sharpe Ratio Rank: 45
SROI Sortino Ratio Rank: 46
SROI Omega Ratio Rank: 44
SROI Calmar Ratio Rank: 42
SROI Martin Ratio Rank: 52

PID

PID Risk / Return Rank: 46
PID Sharpe Ratio Rank: 47
PID Sortino Ratio Rank: 50
PID Omega Ratio Rank: 47
PID Calmar Ratio Rank: 43
PID Martin Ratio Rank: 44

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.

SROI vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) 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.

	SROI	PID	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.66	-0.11
Sortino ratio: Return per unit of downside risk	2.24	2.46	-0.22
Omega ratio: Gain probability vs. loss probability	1.28	1.30	-0.02
Calmar ratio: Return relative to maximum drawdown	2.04	2.16	-0.12
Martin ratio: Return relative to average drawdown	8.77	7.36	+1.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SROI vs. PID - Sharpe Ratio Comparison

The current SROI Sharpe Ratio is 1.55, which is comparable to the PID Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of SROI and PID, 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

	SROI	PID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	1.66	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.27	+0.74

Drawdowns

SROI vs. PID - Drawdown Comparison

The maximum SROI drawdown since its inception was -15.38%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for SROI and PID.

Drawdown Indicators

	SROI	PID	Difference
Max Drawdown Largest peak-to-trough decline	-15.38%	-66.34%	+50.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-7.47%	-2.72%
Max Drawdown (3Y) Largest decline over 3 years	-15.38%	-13.34%	-2.04%
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	-0.71%	-2.19%	+1.48%
Average Drawdown Average peak-to-trough decline	-2.42%	-13.04%	+10.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	2.18%	+0.18%

Volatility

SROI vs. PID - Volatility Comparison

Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) has a higher volatility of 4.00% compared to Invesco International Dividend Achievers™ ETF (PID) at 2.75%. This indicates that SROI's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SROI	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	2.75%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	10.86%	7.62%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	13.38%	9.70%	+3.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.87%	13.97%	-0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.87%	17.84%	-3.97%

SROI vs. PID - Expense Ratio Comparison

SROI has a 0.95% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

SROI vs. PID - Dividend Comparison

SROI's dividend yield for the trailing twelve months is around 0.54%, less than PID's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PID Invesco International Dividend Achievers™ ETF	3.27%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	0.54%	0.60%	0.68%	0.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SROI and PID in my portfolio?

SROI and PID have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SROI or PID?

SROI has higher volatility (4.00%) compared to PID (2.75%). In terms of maximum drawdown, SROI dropped -15.38% vs PID's -66.34%.

Which ETF is better, SROI or PID?

On 3-year performance, SROI leads with 14.52% vs 12.52% for PID. On fees, PID is cheaper at 0.56% per year. On volatility, PID has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SROI or PID?

Over the 3-year period, SROI has performed better with a 14.52% return vs 12.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SROI or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.95% for SROI.

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

PID has the higher dividend yield at 3.27%, compared with 0.54% for SROI.

What is the main difference between SROI and PID?

They also come from different issuers: Calamos and Invesco. Their fees differ too: 0.95% for SROI and 0.56% for PID.

Which has better risk-adjusted returns?

PID currently has the higher Sharpe Ratio (1.66 vs 1.55), 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.