BKF vs PHDG

Comparison between ISHARES MSCI BIC ETF (BKF, ETF) and INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF).

5-Year PerformancePHDG has outperformed BKF, delivering a return of +4.4% compared to -3.1%

BKF vs PHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKF(ETF)	PHDG(ETF)
Net Assets	$74M	$74M
Expense Ratio	0.72%	0.39%
Max Drawdown	70.38%	23.59%
Sharpe Ratio	-0.34	1.10
5Y Beta	0.61	0.31
P/E Ratio	N/A	28.77
Forward P/E	N/A	21.26
5Y Dividends CAGR	5.99%	31.27%
5Y EPS CAGR	N/A	25.61%
Debt to Equity	N/A	31.66%
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.65

Net Assets

BKF

$74M

Winner

PHDG

$74M

Expense Ratio

BKF

0.72%

Winner

PHDG

0.39%

Max Drawdown

BKF

70.38%

Winner

PHDG

23.59%

Sharpe Ratio

BKF

-0.34

Winner

PHDG

1.10

5Y Beta

BKF

0.61

Winner

PHDG

0.31

P/E Ratio

BKF

N/A

PHDG

28.77

Forward P/E

BKF

N/A

PHDG

21.26

5Y Dividends CAGR

BKF

5.99%

Winner

PHDG

31.27%

5Y EPS CAGR

BKF

N/A

PHDG

25.61%

Debt to Equity

BKF

N/A

PHDG

31.66%

P/S Ratio

BKF

N/A

PHDG

3.76

P/B Ratio

BKF

N/A

PHDG

5.65

BKF vs PHDG - Holdings Comparison

BKF and PHDG have 1 common holdings. Overlap is -1.57%

BKF's top 25 holdings weight is 39.24%. PHDG's top 25 holdings weight is 56.97%.

Rank	BKF	PHDG
#1	TENCENT HOLDINGS LTD (n/a) - 8.30%	INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 14.85%
#2	n/a (n/a) - 5.47%	E-MINI S&P 500 FUTURE SEPT 26 (n/a) - 10.01%
#3	HDFC BANK LTD (n/a) - 2.22%	NVIDIA CORP (NVDA) - 5.02%
#4	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 2.04%	APPLE INC (AAPL) - 4.69%
#5	RELIANCE INDUSTRIES LTD (n/a) - 1.88%	MICROSOFT CORP (MSFT) - 2.87%
#6	ICICI BANK LTD (n/a) - 1.81%	AMAZON.COM INC (AMZN) - 2.44%
#7	n/a (n/a) - 1.41%	ALPHABET INC CLASS A (GOOGL) - 2.12%
#8	XIAOMI CORP CLASS B (n/a) - 1.30%	BROADCOM INC (AVGO) - 1.82%
#9	BHARTI AIRTEL LTD (n/a) - 1.29%	ALPHABET INC CLASS C (GOOG) - 1.71%
#10	BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 1.26%	META PLATFORMS INC CLASS A (META) - 1.46%
#11	VALE SA (n/a) - 1.20%	TESLA INC (TSLA) - 1.08%
#12	NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 1.19%	MICRON TECHNOLOGY INC (MU) - 0.99%
#13	MEITUAN CLASS B (n/a) - 1.17%	JPMORGAN CHASE & CO (JPM) - 0.91%
#14	n/a (n/a) - 1.14%	ELI LILLY AND CO (LLY) - 0.89%
#15	PDD HOLDINGS INC ADR (PDD) - 1.09%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.87%
#16	n/a (n/a) - 1.06%	ADVANCED MICRO DEVICES INC (AMD) - 0.84%
#17	NETEASE INC ORDINARY SHARES (n/a) - 1.04%	JOHNSON & JOHNSON (JNJ) - 0.58%
#18	BANK OF CHINA LTD CLASS H (n/a) - 1.00%	EXXONMOBIL HOLDINGS CORP (XOM) - 0.58%
#19	BYD CO LTD CLASS H (n/a) - 0.94%	VISA INC CLASS A (V) - 0.57%
#20	n/a (n/a) - 0.83%	WALMART INC (WMT) - 0.48%
#21	TATA STEEL LTD (n/a) - 0.33%	INTEL CORP (INTC) - 0.47%
#22	KWEICHOW MOUTAI CO LTD CLASS A (n/a) - 0.33%	APPLIED MATERIALS INC (AMAT) - 0.45%
#23	n/a (n/a) - 0.32%	CISCO SYSTEMS INC (CSCO) - 0.43%
#24	AXIA ENERGIA (n/a) - 0.32%	MASTERCARD INC CLASS A (MA) - 0.42%
#25	WEG SA (n/a) - 0.30%	ABBVIE INC (ABBV) - 0.42%
Total Holdings	672	508

BKF vs PHDG - Historical Returns

Returns include dividend reinvestment.

Period	BKF	PHDG
1 month	+0.36%	-0.31%
3 months	-6.21%	+2.79%
6 months	-9.56%	+9.73%
1 year	-3.43%	+16.69%
5 years(CAGR)	-3.09%	+4.44%
10 years(CAGR)	+4.30%	+7.24%
Max(CAGR)	+0.06%	+5.62%

Winner

BKF

+0.36%

PHDG

-0.31%

BKF

-6.21%

Winner

PHDG

+2.79%

BKF

-9.56%

Winner

PHDG

+9.73%

BKF

-3.43%

Winner

PHDG

+16.69%

5Y(CAGR)

BKF

-3.09%

Winner

PHDG

+4.44%

10Y(CAGR)

BKF

+4.30%

Winner

PHDG

+7.24%

Max(CAGR)

BKF

+0.06%

Winner

PHDG

+5.62%

BKF vs PHDG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BKF	PHDG
2026	-10.47%	+10.45%
2025	+22.60%	+2.46%
2024	+10.72%	+11.96%
2023	-0.05%	+8.79%
2022	-22.07%	-14.38%
2021	-12.20%	+16.13%
2020	+13.55%	+18.15%
2019	+22.20%	+8.89%
2018	-16.34%	-3.39%
2017	+39.96%	+15.36%
2016	+14.49%	-0.25%
2015	-13.80%	-9.72%
2014	-1.59%	+6.86%
2013	-7.94%	+12.19%
2012	+11.08%	-0.01%
2011	-25.92%	N/A
2010	+5.60%	N/A
2009	+74.98%	N/A
2008	-56.80%	N/A
2007	+3.73%	N/A

BKF vs PHDG Drawdown Comparison

The maximum drawdown for BKF was -70.29%, occurring on Nov 20, 2008. Recovery took 2552 trading sessions.

The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.

The current BKF drawdown is -25.57%. The current PHDG drawdown is -5.30%.

Rank	BKF	PHDG
#1	-70.29% Dec 6, 2007 - Jan 26, 2018	-17.69% Dec 5, 2014 - Dec 11, 2017
#2	-49.17% Feb 17, 2021 - Oct 24, 2022	-17.06% Dec 27, 2021 - Jun 12, 2024
#3	-33.31% Jan 26, 2018 - Oct 12, 2020	-15.87% Mar 18, 2020 - Aug 24, 2020
#4	-5.86% Nov 20, 2007 - Nov 28, 2007	-14.79% Dec 4, 2024 - Mar 2, 2026
#5	-5.08% Jan 25, 2021 - Feb 5, 2021	-12.79% Feb 6, 2018 - Mar 12, 2020
#6	-2.86% Dec 17, 2020 - Dec 30, 2020	-10.06% Sep 2, 2020 - Apr 15, 2021
#7	-2.85% Nov 27, 2020 - Dec 16, 2020	-6.36% Jun 15, 2026 - Jun 25, 2026
#8	-2.66% Oct 23, 2020 - Nov 4, 2020	-6.11% Aug 5, 2024 - Dec 4, 2024
#9	-2.54% Nov 9, 2020 - Nov 24, 2020	-5.20% Aug 2, 2013 - Dec 23, 2013
#10	-1.89% Jan 8, 2021 - Jan 14, 2021	-4.42% Sep 7, 2021 - Nov 2, 2021
#11	-1.68% Oct 12, 2020 - Oct 21, 2020	-4.37% Jul 16, 2024 - Aug 5, 2024
#12	-1.30% Jan 5, 2021 - Jan 8, 2021	-3.88% Jun 4, 2026 - Jun 15, 2026
#13	-1.21% Jan 14, 2021 - Jan 19, 2021	-3.69% Apr 2, 2014 - Jun 9, 2014
#14	-1.04% Jan 20, 2021 - Jan 25, 2021	-3.44% Dec 31, 2013 - Feb 28, 2014
#15	-0.68% Nov 24, 2020 - Nov 27, 2020	-3.37% Mar 10, 2026 - Apr 8, 2026

Correlation

Correlation between BKF and PHDG is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2008 - 2026)

BKF vs PHDG dividend yield comparison.

Year	BKF	PHDG
2026	0.38%	0.72%
2025	1.79%	2.10%
2024	2.37%	1.94%
2023	1.68%	1.93%
2022	2.04%	1.35%
2021	2.93%	0.44%
2020	1.02%	0.63%
2019	1.66%	1.80%
2018	2.33%	1.56%
2017	1.51%	1.83%
2016	1.82%	2.29%
2015	3.15%	1.64%
2014	3.01%	5.46%
2013	2.40%	1.76%
2012	2.06%	0.09%
2011	2.25%	0.00%
2010	1.74%	0.00%
2009	0.87%	0.00%
2008	2.15%	0.00%