TEKX vs. PDP
Compare and contrast key facts about SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) and Invesco Dorsey Wright Momentum ETF (PDP).
TEKX and PDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TEKX is an actively managed fund by State Street Global Advisors. It was launched on Sep 9, 2024. PDP is a passively managed fund by Invesco that tracks the performance of the Dorsey Wright Technical Leaders Index. It was launched on Mar 1, 2007.
Performance
TEKX vs. PDP - Performance Comparison
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TEKX vs. PDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TEKX SPDR Galaxy Transformative Tech Accelerators ETF | 2.40% | 40.92% | 14.80% |
PDP Invesco Dorsey Wright Momentum ETF | 3.73% | 8.37% | 12.16% |
Returns By Period
In the year-to-date period, TEKX achieves a 2.40% return, which is significantly lower than PDP's 3.73% return.
TEKX
- 1D
- 4.77%
- 1M
- -11.36%
- YTD
- 2.40%
- 6M
- -0.20%
- 1Y
- 85.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PDP
- 1D
- 4.68%
- 1M
- -6.38%
- YTD
- 3.73%
- 6M
- 2.28%
- 1Y
- 20.93%
- 3Y*
- 16.94%
- 5Y*
- 7.20%
- 10Y*
- 11.68%
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TEKX vs. PDP - Expense Ratio Comparison
TEKX has a 0.65% expense ratio, which is higher than PDP's 0.62% expense ratio.
Return for Risk
TEKX vs. PDP — Risk / Return Rank
TEKX
PDP
TEKX vs. PDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) and Invesco Dorsey Wright Momentum ETF (PDP). 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.
| TEKX | PDP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.01 | 0.87 | +1.14 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.30 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.17 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 4.65 | 1.78 | +2.87 |
Martin ratioReturn relative to average drawdown | 14.15 | 5.80 | +8.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TEKX | PDP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 0.87 | +1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.33 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.41 | +0.45 |
Correlation
The correlation between TEKX and PDP is 0.73, 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
TEKX vs. PDP - Dividend Comparison
TEKX's dividend yield for the trailing twelve months is around 0.35%, more than PDP's 0.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEKX SPDR Galaxy Transformative Tech Accelerators ETF | 0.35% | 0.36% | 3.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDP Invesco Dorsey Wright Momentum ETF | 0.13% | 0.17% | 0.15% | 0.42% | 0.45% | 0.00% | 0.11% | 0.25% | 0.18% | 0.28% | 0.81% | 0.39% |
Drawdowns
TEKX vs. PDP - Drawdown Comparison
The maximum TEKX drawdown since its inception was -45.57%, smaller than the maximum PDP drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for TEKX and PDP.
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Drawdown Indicators
| TEKX | PDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.57% | -59.34% | +13.77% |
Max Drawdown (1Y)Largest decline over 1 year | -17.92% | -12.04% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.70% | — |
Current DrawdownCurrent decline from peak | -14.01% | -7.49% | -6.52% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -10.69% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 3.69% | +2.20% |
Volatility
TEKX vs. PDP - Volatility Comparison
SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) has a higher volatility of 14.22% compared to Invesco Dorsey Wright Momentum ETF (PDP) at 9.98%. This indicates that TEKX's price experiences larger fluctuations and is considered to be riskier than PDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEKX | PDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.22% | 9.98% | +4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 18.59% | +10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.82% | 24.13% | +18.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.86% | 21.93% | +22.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.86% | 21.44% | +23.42% |