DWAS vs BYLD

Comparison between INVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF (DWAS, ETF) and ISHARES YIELD OPTIMIZED BOND ETF (BYLD, ETF).

5-Year PerformanceDWAS has outperformed BYLD, delivering a return of +7.5% compared to +1.9%

DWAS vs BYLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DWAS(ETF)	BYLD(ETF)
Net Assets	$455M	$454M
Expense Ratio	0.60%	0.13%
Max Drawdown	46.16%	20.25%
Sharpe Ratio	1.33	0.36
5Y Beta	1.25	0.13
P/E Ratio	42.76	N/A
Forward P/E	20.29	N/A
5Y Dividends CAGR	25.43%	9.84%
5Y EPS CAGR	13.87%	N/A
Debt to Equity	14.15%	N/A
P/S Ratio	1.45	N/A
P/B Ratio	4.07	N/A

Net Assets

Winner

DWAS

$455M

BYLD

$454M

Expense Ratio

DWAS

0.60%

Winner

BYLD

0.13%

Max Drawdown

DWAS

46.16%

Winner

BYLD

20.25%

Sharpe Ratio

Winner

DWAS

1.33

BYLD

0.36

5Y Beta

DWAS

1.25

Winner

BYLD

0.13

P/E Ratio

DWAS

42.76

BYLD

N/A

Forward P/E

DWAS

20.29

BYLD

N/A

5Y Dividends CAGR

Winner

DWAS

25.43%

BYLD

9.84%

5Y EPS CAGR

DWAS

13.87%

BYLD

N/A

Debt to Equity

DWAS

14.15%

BYLD

N/A

P/S Ratio

DWAS

1.45

BYLD

N/A

P/B Ratio

DWAS

4.07

BYLD

N/A

DWAS vs BYLD - Holdings Comparison

DWAS and BYLD have 0 common holdings. Overlap is 0.00%

DWAS's top 25 holdings weight is 26.30%. BYLD's top 25 holdings weight is 99.90%.

Rank	DWAS	BYLD
#1	SEZZLE INC (SEZL) - 1.98%	ISHARES 10& YEAR INVMT GRD CORP BD ETF (IGLB) - 25.52%
#2	ERASCA INC (ERAS) - 1.61%	ISHARES® 0-3 MONTH TREASURY BOND ETF (SGOV) - 23.98%
#3	AGILON HEALTH INC (AGL) - 1.44%	ISHARES BROAD USD HIGH YIELD CORP BD ETF (USHY) - 20.17%
#4	TANGO THERAPEUTICS INC (TNGX) - 1.34%	ISHARES J.P. MORGAN EM HIGH YLD BD ETF (EMHY) - 10.18%
#5	ENOVA INTERNATIONAL INC (ENVA) - 1.31%	ISHARES FLOATING RATE BOND ETF (FLOT) - 10.10%
#6	GRAHAM CORP (GHM) - 1.30%	ISHARES CMBS ETF (CMBS) - 9.95%
#7	BEL FUSE INC CLASS B (BELFB) - 1.26%	N/A
#8	MYR GROUP INC (MYRG) - 1.14%	N/A
#9	CLIMB BIO INC (CLYM) - 1.06%	N/A
#10	n/a (AMRX) - 1.05%	N/A
#11	FREQUENCY ELECTRONICS INC (FEIM) - 1.04%	N/A
#12	ORUKA THERAPEUTICS INC (ORKA) - 0.99%	N/A
#13	AXT INC (AXTI) - 0.94%	N/A
#14	SELLAS LIFE SCIENCES GROUP INC (SLS) - 0.94%	N/A
#15	LINCOLN EDUCATIONAL SERVICES CORP (LINC) - 0.88%	N/A
#16	PERIMETER SOLUTIONS INC (PRM) - 0.86%	N/A
#17	ACADIAN ASSET MANAGEMENT INC (AAMI) - 0.85%	N/A
#18	ARTERIS INC (AIP) - 0.85%	N/A
#19	NORTHEAST BANK (NBN) - 0.82%	N/A
#20	TERAWULF INC (WULF) - 0.81%	N/A
#21	STONEX GROUP INC (SNEX) - 0.80%	N/A
#22	AEHR TEST SYSTEMS (AEHR) - 0.78%	N/A
#23	LIQUIDIA CORP ORDINARY SHARES (LQDA) - 0.77%	N/A
#24	VICTORY CAPITAL HOLDINGS INC CLASS A (VCTR) - 0.75%	N/A
#25	ACM RESEARCH INC CLASS A (ACMR) - 0.73%	N/A
Total Holdings	202	6

DWAS vs BYLD - Historical Returns

Returns include dividend reinvestment.

Period	DWAS	BYLD
1 month	-2.79%	-0.54%
3 months	+7.30%	-0.14%
6 months	+16.00%	+0.49%
1 year	+41.47%	+4.66%
5 years(CAGR)	+7.54%	+1.93%
10 years(CAGR)	+13.03%	+2.82%
Max(CAGR)	+12.28%	+2.90%

DWAS

-2.79%

Winner

BYLD

-0.54%

Winner

DWAS

+7.30%

BYLD

-0.14%

Winner

DWAS

+16.00%

BYLD

+0.49%

Winner

DWAS

+41.47%

BYLD

+4.66%

5Y(CAGR)

Winner

DWAS

+7.54%

BYLD

+1.93%

10Y(CAGR)

Winner

DWAS

+13.03%

BYLD

+2.82%

Max(CAGR)

Winner

DWAS

+12.28%

BYLD

+2.90%

DWAS vs BYLD - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	DWAS	BYLD
2026	+24.30%	+0.89%
2025	+5.36%	+8.19%
2024	+10.82%	+4.69%
2023	+19.26%	+8.20%
2022	-18.67%	-9.97%
2021	+21.67%	-1.14%
2020	+32.57%	+4.00%
2019	+31.24%	+12.74%
2018	-10.85%	-1.42%
2017	+20.42%	+4.76%
2016	+12.06%	+6.08%
2015	-2.33%	-1.37%
2014	-0.06%	+2.51%
2013	+45.26%	N/A
2012	+6.63%	N/A

DWAS vs BYLD Drawdown Comparison

The maximum drawdown for DWAS was -46.16%, occurring on Mar 18, 2020. Recovery took 115 trading sessions.

The maximum drawdown for BYLD was -14.75%, occurring on Oct 20, 2022. Recovery took 914 trading sessions.

The current DWAS drawdown is -6.05%. The current BYLD drawdown is -0.98%.

Rank	DWAS	BYLD
#1	-46.16% Feb 20, 2020 - Aug 4, 2020	-14.75% Dec 31, 2020 - Aug 21, 2024
#2	-33.83% Nov 11, 2024 - Jan 22, 2026	-14.37% Mar 4, 2020 - Jul 28, 2020
#3	-33.68% Nov 8, 2021 - Nov 6, 2024	-3.84% Apr 15, 2015 - Apr 6, 2016
#4	-32.51% Aug 31, 2018 - Feb 19, 2020	-2.93% Jan 5, 2018 - Jan 23, 2019
#5	-29.53% Jul 22, 2015 - Jun 8, 2017	-2.82% Feb 28, 2025 - May 30, 2025
#6	-19.92% Mar 4, 2014 - Mar 16, 2015	-2.71% Feb 27, 2026 - Jun 16, 2026
#7	-16.92% Feb 9, 2021 - Nov 1, 2021	-2.64% Sep 6, 2016 - Apr 5, 2017
#8	-12.55% Nov 1, 2012 - Jan 4, 2013	-2.50% Oct 13, 2014 - Apr 7, 2015
#9	-10.14% Oct 13, 2020 - Nov 5, 2020	-2.37% Oct 1, 2024 - Feb 24, 2025
#10	-10.02% Feb 26, 2026 - Apr 8, 2026	-1.52% Sep 4, 2019 - Nov 26, 2019
#11	-9.43% Jun 30, 2026 - Jul 20, 2026	-1.39% Aug 6, 2020 - Nov 23, 2020
#12	-8.74% Mar 12, 2018 - May 18, 2018	-1.23% Aug 28, 2014 - Oct 13, 2014
#13	-8.58% Aug 19, 2020 - Oct 5, 2020	-1.12% Oct 27, 2025 - Dec 23, 2025
#14	-8.30% Dec 26, 2013 - Feb 26, 2014	-1.11% Jul 23, 2014 - Aug 11, 2014
#15	-7.73% Jan 23, 2018 - Mar 7, 2018	-0.98% Jun 14, 2017 - Jul 18, 2017

Correlation

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

0.87

-101

Dividend Comparison (2012 - 2026)

DWAS vs BYLD dividend yield comparison.

Year	DWAS	BYLD
2026	0.00%	2.69%
2025	0.07%	5.32%
2024	0.79%	5.31%
2023	1.42%	4.45%
2022	0.81%	3.39%
2021	0.16%	2.18%
2020	0.21%	3.41%
2019	0.13%	3.67%
2018	0.04%	4.22%
2017	0.20%	3.22%
2016	0.52%	3.13%
2015	0.19%	3.37%
2014	0.05%	2.12%
2013	0.16%	0.00%
2012	0.83%	0.00%