XLG vs. PBUS
Compare and contrast key facts about Invesco S&P 500® Top 50 ETF (XLG) and Invesco PureBeta MSCI USA ETF (PBUS).
XLG and PBUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. PBUS is a passively managed fund by Invesco that tracks the performance of the MSCI USA Index. It was launched on Sep 22, 2017. Both XLG and PBUS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLG or PBUS.
Performance
XLG vs. PBUS - Performance Comparison
Returns By Period
In the year-to-date period, XLG achieves a 29.52% return, which is significantly higher than PBUS's 24.42% return.
XLG
29.52%
0.96%
13.06%
34.65%
18.05%
14.82%
PBUS
24.42%
0.84%
11.64%
32.57%
15.64%
N/A
Key characteristics
| XLG | PBUS | |
|---|---|---|
| Sharpe Ratio | 2.38 | 2.65 |
| Sortino Ratio | 3.13 | 3.53 |
| Omega Ratio | 1.44 | 1.49 |
| Calmar Ratio | 3.10 | 3.85 |
| Martin Ratio | 12.88 | 17.28 |
| Ulcer Index | 2.72% | 1.89% |
| Daily Std Dev | 14.75% | 12.34% |
| Max Drawdown | -52.39% | -33.16% |
| Current Drawdown | -2.53% | -2.24% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XLG vs. PBUS - Expense Ratio Comparison
XLG has a 0.20% expense ratio, which is higher than PBUS's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XLG and PBUS is 0.80, 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.
Risk-Adjusted Performance
XLG vs. PBUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Top 50 ETF (XLG) and Invesco PureBeta MSCI USA ETF (PBUS). 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
XLG vs. PBUS - Dividend Comparison
XLG's dividend yield for the trailing twelve months is around 0.74%, less than PBUS's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLG Invesco S&P 500® Top 50 ETF | 0.74% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
PBUS Invesco PureBeta MSCI USA ETF | 1.19% | 1.36% | 1.71% | 0.97% | 1.35% | 1.53% | 2.33% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XLG vs. PBUS - Drawdown Comparison
The maximum XLG drawdown since its inception was -52.39%, which is greater than PBUS's maximum drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for XLG and PBUS. For additional features, visit the drawdowns tool.
Volatility
XLG vs. PBUS - Volatility Comparison
Invesco S&P 500® Top 50 ETF (XLG) has a higher volatility of 4.94% compared to Invesco PureBeta MSCI USA ETF (PBUS) at 4.16%. This indicates that XLG's price experiences larger fluctuations and is considered to be riskier than PBUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.