USSPX vs. PTF
Compare and contrast key facts about USAA 500 Index Fund (USSPX) and Invesco DWA Technology Momentum ETF (PTF).
USSPX is managed by Victory Capital. It was launched on May 1, 1996. PTF is a passively managed fund by Invesco that tracks the performance of the DWA Technology Technical Leaders Index. It was launched on Oct 12, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USSPX or PTF.
Key characteristics
| USSPX | PTF | |
|---|---|---|
| YTD Return | 26.95% | 44.31% |
| 1Y Return | 36.56% | 62.66% |
| 3Y Return (Ann) | 7.48% | 6.44% |
| 5Y Return (Ann) | 13.40% | 24.22% |
| 10Y Return (Ann) | 11.86% | 19.87% |
| Sharpe Ratio | 2.96 | 1.99 |
| Sortino Ratio | 3.93 | 2.63 |
| Omega Ratio | 1.56 | 1.34 |
| Calmar Ratio | 3.77 | 2.34 |
| Martin Ratio | 19.21 | 11.98 |
| Ulcer Index | 1.90% | 5.25% |
| Daily Std Dev | 12.32% | 31.60% |
| Max Drawdown | -55.39% | -55.38% |
| Current Drawdown | -0.27% | -2.02% |
Correlation
The correlation between USSPX and PTF is 0.76, 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.
Performance
USSPX vs. PTF - Performance Comparison
In the year-to-date period, USSPX achieves a 26.95% return, which is significantly lower than PTF's 44.31% return. Over the past 10 years, USSPX has underperformed PTF with an annualized return of 11.86%, while PTF has yielded a comparatively higher 19.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USSPX vs. PTF - Expense Ratio Comparison
USSPX has a 0.24% expense ratio, which is lower than PTF's 0.60% expense ratio.
Risk-Adjusted Performance
USSPX vs. PTF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA 500 Index Fund (USSPX) and Invesco DWA Technology Momentum ETF (PTF). 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.
Dividends
USSPX vs. PTF - Dividend Comparison
USSPX's dividend yield for the trailing twelve months is around 1.03%, while PTF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USSPX USAA 500 Index Fund | 1.03% | 1.22% | 1.43% | 1.00% | 1.30% | 1.64% | 1.89% | 1.55% | 1.92% | 1.79% | 1.64% | 1.56% |
PTF Invesco DWA Technology Momentum ETF | 0.00% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.04% | 0.26% | 0.00% | 0.68% | 0.17% |
Drawdowns
USSPX vs. PTF - Drawdown Comparison
The maximum USSPX drawdown since its inception was -55.39%, roughly equal to the maximum PTF drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for USSPX and PTF. For additional features, visit the drawdowns tool.
Volatility
USSPX vs. PTF - Volatility Comparison
The current volatility for USAA 500 Index Fund (USSPX) is 3.87%, while Invesco DWA Technology Momentum ETF (PTF) has a volatility of 9.50%. This indicates that USSPX experiences smaller price fluctuations and is considered to be less risky than PTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.