FLHY vs PEY
Comparison between FRANKLIN HIGH YIELD CORPORATE ETF (FLHY, ETF) and INVESCO HIGH YIELD EQUITY DIVIDEND ACHIEVERS ETF (PEY, ETF).
5-Year PerformancePEY has outperformed FLHY, delivering a return of +5.9% compared to +4.7%
FLHY vs PEY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FLHY vs PEY - Historical Returns
Returns include dividend reinvestment.
FLHY vs PEY - Annual Returns (2004 - 2026)
Returns include dividend reinvestment.
| Year | FLHY | PEY |
|---|---|---|
| 2026 | +1.53% | +12.86% |
| 2025 | +9.08% | +0.97% |
| 2024 | +8.69% | +4.01% |
| 2023 | +13.35% | +6.68% |
| 2022 | -10.35% | +1.58% |
| 2021 | +4.62% | +27.32% |
| 2020 | +7.41% | -3.45% |
| 2019 | +16.64% | +24.91% |
| 2018 | -1.32% | -7.73% |
| 2017 | N/A | +8.39% |
| 2016 | N/A | +32.58% |
| 2015 | N/A | +3.14% |
| 2014 | N/A | +19.53% |
| 2013 | N/A | +27.30% |
| 2012 | N/A | +5.91% |
| 2011 | N/A | +7.37% |
| 2010 | N/A | +19.01% |
| 2009 | N/A | +3.14% |
| 2008 | N/A | -36.98% |
| 2007 | N/A | -15.50% |
| 2006 | N/A | +12.37% |
| 2005 | N/A | +2.13% |
| 2004 | N/A | +3.49% |
FLHY vs PEY Drawdown Comparison
The maximum drawdown for FLHY was -22.58%, occurring on Mar 23, 2020. Recovery took 116 trading sessions.
The maximum drawdown for PEY was -72.77%, occurring on Mar 9, 2009. Recovery took 1816 trading sessions.
The current FLHY drawdown is -0.43%.
| Rank | FLHY | PEY |
|---|---|---|
| #1 | -22.58% Feb 12, 2020 - Jul 29, 2020 | -72.77% Dec 27, 2006 - Mar 18, 2014 |
| #2 | -15.19% Dec 27, 2021 - Dec 13, 2023 | -41.53% Jan 16, 2020 - Jan 14, 2021 |
| #3 | -5.44% Sep 28, 2018 - Jan 18, 2019 | -17.91% Nov 25, 2024 - Feb 3, 2026 |
| #4 | -4.50% Mar 3, 2025 - May 12, 2025 | -16.29% Sep 13, 2018 - Mar 18, 2019 |
| #5 | -2.48% Sep 15, 2021 - Dec 22, 2021 | -15.96% Apr 20, 2022 - Dec 14, 2023 |
| #6 | -2.46% Sep 2, 2020 - Oct 7, 2020 | -10.77% Dec 1, 2015 - Mar 3, 2016 |
| #7 | -2.43% Feb 18, 2026 - Apr 9, 2026 | -10.42% Jan 26, 2018 - Sep 5, 2018 |
| #8 | -2.42% Feb 12, 2021 - May 3, 2021 | -8.93% May 10, 2021 - Dec 31, 2021 |
| #9 | -1.75% Mar 27, 2024 - May 3, 2024 | -8.85% Apr 23, 2015 - Oct 15, 2015 |
| #10 | -1.61% Oct 12, 2020 - Nov 5, 2020 | -8.67% Jan 2, 2024 - Jul 16, 2024 |
| #11 | -1.60% Apr 30, 2019 - Jun 11, 2019 | -8.08% Jul 28, 2005 - Jan 27, 2006 |
| #12 | -1.55% Dec 4, 2024 - Jan 21, 2025 | -7.40% Feb 4, 2026 - Apr 20, 2026 |
| #13 | -1.52% Dec 27, 2023 - Jan 29, 2024 | -6.65% Jul 26, 2019 - Sep 11, 2019 |
| #14 | -1.42% Jul 3, 2019 - Aug 27, 2019 | -6.53% Dec 28, 2004 - Jun 17, 2005 |
| #15 | -1.40% Jan 16, 2020 - Feb 11, 2020 | -6.32% Apr 30, 2019 - Jun 20, 2019 |
Correlation
Correlation between FLHY and PEY is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2004 - 2026)
FLHY vs PEY dividend yield comparison.
| Year | FLHY | PEY |
|---|---|---|
| 2026 | 2.64% | 1.79% |
| 2025 | 6.53% | 4.85% |
| 2024 | 6.51% | 4.44% |
| 2023 | 6.26% | 4.58% |
| 2022 | 6.54% | 4.22% |
| 2021 | 5.76% | 3.83% |
| 2020 | 5.47% | 4.30% |
| 2019 | 5.61% | 3.78% |
| 2018 | 4.27% | 4.33% |
| 2017 | 0.00% | 3.21% |
| 2016 | 0.00% | 3.12% |
| 2015 | 0.00% | 3.44% |
| 2014 | 0.00% | 3.24% |
| 2013 | 0.00% | 3.28% |
| 2012 | 0.00% | 4.33% |
| 2011 | 0.00% | 3.70% |
| 2010 | 0.00% | 3.96% |
| 2009 | 0.00% | 4.54% |
| 2008 | 0.00% | 7.08% |
| 2007 | 0.00% | 4.90% |
| 2006 | 0.00% | 3.34% |
| 2005 | 0.00% | 3.28% |
| 2004 | 0.00% | 0.24% |
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