UTF vs. PCEF
Compare and contrast key facts about Cohen & Steers Infrastructure Fund, Inc (UTF) and Invesco CEF Income Composite ETF (PCEF).
PCEF is a passively managed fund by Invesco that tracks the performance of the S-Network Composite Closed-End Fund Index. It was launched on Feb 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTF or PCEF.
Key characteristics
| UTF | PCEF | |
|---|---|---|
| YTD Return | 25.78% | 17.22% |
| 1Y Return | 29.12% | 23.91% |
| 3Y Return (Ann) | 2.93% | 1.27% |
| 5Y Return (Ann) | 6.57% | 5.39% |
| 10Y Return (Ann) | 9.23% | 5.97% |
| Sharpe Ratio | 2.06 | 3.19 |
| Sortino Ratio | 3.07 | 4.38 |
| Omega Ratio | 1.36 | 1.65 |
| Calmar Ratio | 1.64 | 1.63 |
| Martin Ratio | 12.52 | 20.24 |
| Ulcer Index | 2.64% | 1.30% |
| Daily Std Dev | 16.00% | 8.28% |
| Max Drawdown | -72.62% | -38.64% |
| Current Drawdown | -4.16% | -1.16% |
Correlation
The correlation between UTF and PCEF is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UTF vs. PCEF - Performance Comparison
In the year-to-date period, UTF achieves a 25.78% return, which is significantly higher than PCEF's 17.22% return. Over the past 10 years, UTF has outperformed PCEF with an annualized return of 9.23%, while PCEF has yielded a comparatively lower 5.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UTF vs. PCEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Infrastructure Fund, Inc (UTF) and Invesco CEF Income Composite ETF (PCEF). 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
UTF vs. PCEF - Dividend Comparison
UTF's dividend yield for the trailing twelve months is around 7.48%, less than PCEF's 8.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTF Cohen & Steers Infrastructure Fund, Inc | 7.48% | 8.76% | 7.75% | 6.53% | 7.20% | 7.10% | 10.12% | 7.37% | 10.51% | 8.39% | 6.51% | 6.99% |
PCEF Invesco CEF Income Composite ETF | 8.61% | 9.85% | 8.93% | 6.67% | 7.55% | 7.12% | 8.21% | 6.96% | 7.12% | 9.18% | 8.03% | 8.13% |
Drawdowns
UTF vs. PCEF - Drawdown Comparison
The maximum UTF drawdown since its inception was -72.62%, which is greater than PCEF's maximum drawdown of -38.64%. Use the drawdown chart below to compare losses from any high point for UTF and PCEF. For additional features, visit the drawdowns tool.
Volatility
UTF vs. PCEF - Volatility Comparison
Cohen & Steers Infrastructure Fund, Inc (UTF) has a higher volatility of 3.61% compared to Invesco CEF Income Composite ETF (PCEF) at 2.14%. This indicates that UTF's price experiences larger fluctuations and is considered to be riskier than PCEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.