CET vs PXH

Comparison between Central Securities Corp (CET, ETF) and INVESCO RAFI EMERGING MARKETS ETF (PXH, ETF).

5-Year PerformanceCET has outperformed PXH, delivering a return of +12.8% compared to +10.0%

CET vs PXH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CET(ETF)	PXH(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	N/A	0.47%
Max Drawdown	73.29%	64.04%
Sharpe Ratio	1.57	2.11
5Y Beta	0.65	0.69
5Y Dividends CAGR	9.60%	12.94%

Net Assets

CET

$1.90B

PXH

$1.90B

Expense Ratio

CET

N/A

PXH

0.47%

Max Drawdown

CET

73.29%

Winner

PXH

64.04%

Sharpe Ratio

CET

1.57

Winner

PXH

2.11

5Y Beta

Winner

CET

0.65

PXH

0.69

5Y Dividends CAGR

CET

9.60%

Winner

PXH

12.94%

CET vs PXH - Historical Returns

Returns include dividend reinvestment.

Period	CET	PXH
1 month	+2.25%	+5.74%
3 months	+2.33%	+3.52%
6 months	+7.02%	+13.50%
1 year	+19.82%	+36.48%
5 years(CAGR)	+12.80%	+10.02%
10 years(CAGR)	+16.67%	+10.86%
Max(CAGR)	+10.39%	+3.82%

CET

+2.25%

Winner

PXH

+5.74%

CET

+2.33%

Winner

PXH

+3.52%

CET

+7.02%

Winner

PXH

+13.50%

CET

+19.82%

Winner

PXH

+36.48%

5Y(CAGR)

Winner

CET

+12.80%

PXH

+10.02%

10Y(CAGR)

Winner

CET

+16.67%

PXH

+10.86%

Max(CAGR)

Winner

CET

+10.39%

PXH

+3.82%

CET vs PXH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CET	PXH
2026	+3.92%	+12.07%
2025	+18.04%	+32.33%
2024	+27.16%	+13.60%
2023	+18.42%	+13.38%
2022	-19.07%	-15.91%
2021	+51.39%	+8.12%
2020	+3.77%	-4.00%
2019	+37.54%	+15.53%
2018	-4.99%	-10.54%
2017	+30.57%	+24.12%
2016	+23.34%	+36.69%
2015	-3.98%	-21.91%
2014	+10.24%	-3.34%
2013	+26.91%	-9.11%
2012	+0.99%	+12.13%
2011	-2.98%	-20.56%
2010	+26.25%	+10.08%
2009	+24.89%	+60.24%
2008	-37.04%	-44.13%
2007	+10.42%	+1.04%
2006	+20.89%	N/A
2005	+14.55%	N/A
2004	+16.40%	N/A
2003	+34.25%	N/A
2002	-30.41%	N/A
2001	-1.71%	N/A
2000	+16.42%	N/A
1999	+12.25%	N/A

CET vs PXH Drawdown Comparison

The maximum drawdown for CET was -56.58%, occurring on Mar 9, 2009. Recovery took 663 trading sessions.

The maximum drawdown for PXH was -63.64%, occurring on Nov 20, 2008. Recovery took 866 trading sessions.

The current CET drawdown is -2.50%. The current PXH drawdown is -0.03%.

Rank	CET	PXH
#1	-56.58% May 16, 2008 - Jan 3, 2011	-63.64% Oct 29, 2007 - Apr 6, 2011
#2	-50.75% Sep 1, 2000 - Dec 1, 2005	-49.58% Apr 7, 2011 - Jan 2, 2018
#3	-39.91% Jan 16, 2020 - Dec 7, 2020	-40.40% Jan 26, 2018 - Feb 11, 2021
#4	-24.88% Dec 30, 2021 - Mar 7, 2024	-29.62% Feb 16, 2022 - May 16, 2024
#5	-22.78% May 31, 2011 - Jul 15, 2013	-17.73% Oct 7, 2024 - Jun 9, 2025
#6	-18.50% Dec 23, 2014 - Jun 6, 2016	-10.24% Feb 25, 2026 - May 5, 2026
#7	-16.78% Aug 29, 2018 - Mar 14, 2019	-9.29% Jun 10, 2021 - Feb 9, 2022
#8	-15.46% Jul 17, 2007 - May 15, 2008	-8.97% May 17, 2024 - Sep 24, 2024
#9	-15.42% Feb 19, 2025 - Jul 2, 2025	-6.09% Oct 12, 2007 - Oct 26, 2007
#10	-14.88% Mar 28, 2000 - Jun 27, 2000	-5.49% Feb 17, 2021 - May 7, 2021
#11	-11.45% Jul 23, 2014 - Dec 23, 2014	-4.78% Oct 6, 2025 - Oct 20, 2025
#12	-9.96% Jan 17, 2018 - Jun 8, 2018	-4.18% May 7, 2021 - May 27, 2021
#13	-8.08% Mar 2, 2026 - Apr 17, 2026	-4.06% Nov 12, 2025 - Jan 2, 2026
#14	-7.69% Jan 27, 2006 - Oct 12, 2006	-3.69% Jul 23, 2025 - Aug 12, 2025
#15	-7.56% Jul 20, 2000 - Aug 18, 2000	-3.46% Jan 29, 2026 - Feb 11, 2026

Correlation

Correlation between CET and PXH is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

CET vs PXH dividend yield comparison.

Year	CET	PXH
2026	0.00%	0.32%
2025	5.32%	4.02%
2024	4.92%	4.43%
2023	4.90%	4.84%
2022	7.34%	5.33%
2021	8.41%	4.69%
2020	5.68%	2.79%
2019	3.78%	3.28%
2018	5.84%	3.30%
2017	3.65%	2.74%
2016	4.50%	1.97%
2015	10.41%	3.44%
2014	7.97%	3.19%
2013	17.03%	2.80%
2012	4.70%	2.08%
2011	4.89%	2.46%
2010	4.10%	1.05%
2009	3.62%	0.83%
2008	17.08%	2.79%
2007	8.94%	0.44%
2006	8.33%	0.00%
2005	8.40%	0.00%
2004	5.78%	0.00%
2003	6.70%	0.00%
2002	7.68%	0.00%
2001	7.11%	0.00%
2000	13.63%	0.00%
1999	8.81%	0.00%