PBJ vs. DVY - ETF Comparison
PBJ - Invesco Food & Beverage ETF
The Invesco Food & Beverage ETF provides diversified exposure to the US consumer staples sector, investing in a blend of discretionary and staples companies. The fund's multi-factor strategy utilizes quantitative analysis and stock screening to identify holdings, aiming to generate alpha for investors.
DVY - iShares Select Dividend ETF
The iShares Select Dividend ETF is a US-focused equity fund that tracks the Dow Jones U.S. Select Dividend Index, investing in high-dividend-yielding stocks with a focus on dividend growth rate, payout percentage rate, and dividend yield. The fund provides a diversified portfolio of around 100 stocks, with a bias towards value stocks and sectors such as utilities. It can be used as a core component in a long-term portfolio or as a tactical tool to shift towards lower-volatility companies in certain market environments.
| PBJ | DVY | |
|---|---|---|
| Fund Name | Invesco Food & Beverage ETF | iShares Select Dividend ETF |
| Fund Provider | Invesco | BlackRock |
| Index | Dynamic Food & Beverage Intellidex Index | Dow Jones U.S. Select Dividend Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.57% | 0.38% |
| Inception Date | 2005-06-23 | 2003-11-03 |
| Number Of Holdings | 32 | 99 |
| Currency | USD | USD |
| Region | United States | United States |
| Investment Style | Blend | Value |
| Market Cap | Blend | Blend |
| Sector | Consumer Staples | Consumer Staples |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.