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VEGA vs. PID
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VEGA vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares STAR Global Buy-Write ETF (VEGA) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

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VEGA vs. PID - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VEGA
AdvisorShares STAR Global Buy-Write ETF
-1.70%15.83%11.20%15.12%-15.02%12.36%8.37%19.29%-6.58%11.50%
PID
Invesco International Dividend Achievers™ ETF
2.04%24.45%3.08%14.28%-6.48%24.49%-6.56%25.87%-11.46%19.05%

Returns By Period

In the year-to-date period, VEGA achieves a -1.70% return, which is significantly lower than PID's 2.04% return. Over the past 10 years, VEGA has underperformed PID with an annualized return of 7.20%, while PID has yielded a comparatively higher 8.98% annualized return.


VEGA

1D
2.04%
1M
-4.55%
YTD
-1.70%
6M
0.52%
1Y
13.73%
3Y*
11.68%
5Y*
6.03%
10Y*
7.20%

PID

1D
2.07%
1M
-5.36%
YTD
2.04%
6M
6.12%
1Y
20.87%
3Y*
11.55%
5Y*
9.53%
10Y*
8.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VEGA vs. PID - Expense Ratio Comparison

VEGA has a 2.02% expense ratio, which is higher than PID's 0.56% expense ratio.


Return for Risk

VEGA vs. PID — Risk / Return Rank

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

VEGA
VEGA Risk / Return Rank: 6969
Overall Rank
VEGA Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
VEGA Sortino Ratio Rank: 6666
Sortino Ratio Rank
VEGA Omega Ratio Rank: 6767
Omega Ratio Rank
VEGA Calmar Ratio Rank: 6969
Calmar Ratio Rank
VEGA Martin Ratio Rank: 7676
Martin Ratio Rank

PID
PID Risk / Return Rank: 8686
Overall Rank
PID Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
PID Sortino Ratio Rank: 8888
Sortino Ratio Rank
PID Omega Ratio Rank: 8686
Omega Ratio Rank
PID Calmar Ratio Rank: 8383
Calmar Ratio Rank
PID Martin Ratio Rank: 8787
Martin Ratio Rank
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.

VEGA vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares STAR Global Buy-Write ETF (VEGA) 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.


VEGAPIDDifference

Sharpe ratio

Return per unit of total volatility

1.15

1.64

-0.49

Sortino ratio

Return per unit of downside risk

1.68

2.39

-0.71

Omega ratio

Gain probability vs. loss probability

1.24

1.34

-0.09

Calmar ratio

Return relative to maximum drawdown

1.74

2.36

-0.62

Martin ratio

Return relative to average drawdown

8.16

10.33

-2.17

VEGA vs. PID - Sharpe Ratio Comparison

The current VEGA Sharpe Ratio is 1.15, which is comparable to the PID Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of VEGA and PID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VEGAPIDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.15

1.64

-0.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.69

-0.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.50

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.26

+0.21

Correlation

The correlation between VEGA and PID is 0.59, 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.


Dividends

VEGA vs. PID - Dividend Comparison

VEGA's dividend yield for the trailing twelve months is around 1.37%, less than PID's 3.38% yield.


TTM20252024202320222021202020192018201720162015
VEGA
AdvisorShares STAR Global Buy-Write ETF
1.37%1.34%1.05%1.12%1.89%0.55%0.28%0.44%0.45%0.00%0.81%0.00%
PID
Invesco International Dividend Achievers™ ETF
3.38%3.28%3.88%3.31%3.30%3.30%3.16%3.99%3.87%3.46%3.90%4.48%

Drawdowns

VEGA vs. PID - Drawdown Comparison

The maximum VEGA drawdown since its inception was -28.37%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for VEGA and PID.


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Drawdown Indicators


VEGAPIDDifference

Max Drawdown

Largest peak-to-trough decline

-28.37%

-66.34%

+37.97%

Max Drawdown (1Y)

Largest decline over 1 year

-8.32%

-8.83%

+0.51%

Max Drawdown (5Y)

Largest decline over 5 years

-22.78%

-22.97%

+0.19%

Max Drawdown (10Y)

Largest decline over 10 years

-28.37%

-46.07%

+17.70%

Current Drawdown

Current decline from peak

-4.95%

-5.36%

+0.41%

Average Drawdown

Average peak-to-trough decline

-3.83%

-13.12%

+9.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.78%

2.02%

-0.24%

Volatility

VEGA vs. PID - Volatility Comparison

AdvisorShares STAR Global Buy-Write ETF (VEGA) has a higher volatility of 4.30% compared to Invesco International Dividend Achievers™ ETF (PID) at 3.80%. This indicates that VEGA'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.


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Volatility by Period


VEGAPIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

3.80%

+0.50%

Volatility (6M)

Calculated over the trailing 6-month period

7.21%

7.11%

+0.10%

Volatility (1Y)

Calculated over the trailing 1-year period

11.99%

12.81%

-0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.31%

13.96%

-1.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.67%

17.99%

-5.32%