LTPZ vs PIZ

Comparison between PIMCO 15+ YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUND (LTPZ, ETF) and INVESCO DORSEY WRIGHT DEVELOPED MARKETS MOMENTUM ETF (PIZ, ETF).

5-Year PerformancePIZ has outperformed LTPZ, delivering a return of +7.4% compared to -7.0%

LTPZ vs PIZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LTPZ(ETF)	PIZ(ETF)
Net Assets	$725M	$724M
Expense Ratio	0.20%	0.80%
Max Drawdown	49.62%	61.09%
Sharpe Ratio	-0.38	0.66
5Y Beta	0.16	0.94
5Y Dividends CAGR	4.04%	46.14%

Net Assets

Winner

LTPZ

$725M

PIZ

$724M

Expense Ratio

Winner

LTPZ

0.20%

PIZ

0.80%

Max Drawdown

Winner

LTPZ

49.62%

PIZ

61.09%

Sharpe Ratio

LTPZ

-0.38

Winner

PIZ

0.66

5Y Beta

Winner

LTPZ

0.16

PIZ

0.94

5Y Dividends CAGR

LTPZ

4.04%

Winner

PIZ

46.14%

LTPZ vs PIZ - Historical Returns

Returns include dividend reinvestment.

Period	LTPZ	PIZ
1 month	+0.55%	+3.13%
3 months	-1.84%	-5.15%
6 months	-5.31%	-1.72%
1 year	-1.08%	+17.28%
5 years(CAGR)	-6.99%	+7.38%
10 years(CAGR)	-0.24%	+10.07%
Max(CAGR)	+2.78%	+5.96%

LTPZ

+0.55%

Winner

PIZ

+3.13%

Winner

LTPZ

-1.84%

PIZ

-5.15%

LTPZ

-5.31%

Winner

PIZ

-1.72%

LTPZ

-1.08%

Winner

PIZ

+17.28%

5Y(CAGR)

LTPZ

-6.99%

Winner

PIZ

+7.38%

10Y(CAGR)

LTPZ

-0.24%

Winner

PIZ

+10.07%

Max(CAGR)

LTPZ

+2.78%

Winner

PIZ

+5.96%

LTPZ vs PIZ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	LTPZ	PIZ
2026	-2.44%	+8.68%
2025	+4.01%	+38.01%
2024	-4.68%	+18.15%
2023	-0.38%	+18.01%
2022	-30.10%	-30.42%
2021	+6.50%	+19.82%
2020	+22.87%	+16.95%
2019	+16.97%	+28.15%
2018	-6.49%	-16.56%
2017	+8.23%	+30.52%
2016	+8.48%	-6.35%
2015	-10.16%	-0.12%
2014	+18.77%	-6.69%
2013	-18.74%	+34.14%
2012	+11.89%	+15.32%
2011	+25.70%	-19.66%
2010	+8.56%	+17.77%
2009	+3.24%	+36.14%
2008	N/A	-43.80%

LTPZ vs PIZ Drawdown Comparison

The maximum drawdown for LTPZ was -40.96%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for PIZ was -60.61%, occurring on Mar 9, 2009. Recovery took 1342 trading sessions.

The current LTPZ drawdown is -34.76%. The current PIZ drawdown is -9.49%.

Rank	LTPZ	PIZ
#1	-40.96% Nov 9, 2021 - Oct 19, 2023	-60.61% May 19, 2008 - Sep 17, 2013
#2	-22.67% Dec 10, 2012 - Jul 5, 2016	-40.94% Sep 2, 2021 - Feb 12, 2025
#3	-22.60% Mar 6, 2020 - Apr 15, 2020	-36.44% Feb 12, 2020 - Aug 6, 2020
#4	-13.15% Sep 7, 2016 - May 29, 2019	-24.78% Jan 26, 2018 - Dec 27, 2019
#5	-12.85% Nov 2, 2010 - Jul 11, 2011	-22.95% Mar 6, 2014 - Jul 17, 2017
#6	-11.65% Jan 4, 2021 - Jul 15, 2021	-15.99% May 8, 2026 - Jul 29, 2026
#7	-7.24% Aug 29, 2019 - Jan 27, 2020	-14.68% Feb 18, 2025 - Apr 22, 2025
#8	-7.05% Apr 28, 2020 - Jul 20, 2020	-14.36% Feb 26, 2026 - Apr 14, 2026
#9	-5.98% Aug 10, 2011 - Nov 1, 2011	-12.24% Jan 10, 2008 - Feb 27, 2008
#10	-5.85% Nov 30, 2009 - May 4, 2010	-10.75% Feb 27, 2008 - Apr 3, 2008
#11	-5.67% Jul 24, 2012 - Oct 4, 2012	-9.01% Feb 16, 2021 - Apr 8, 2021
#12	-4.63% Aug 4, 2020 - Dec 31, 2020	-8.27% Oct 12, 2020 - Nov 5, 2020
#13	-4.50% Jan 31, 2012 - Apr 26, 2012	-6.93% Jan 15, 2014 - Feb 18, 2014
#14	-4.23% Oct 27, 2021 - Nov 8, 2021	-5.91% Nov 3, 2025 - Dec 11, 2025
#15	-3.71% Sep 14, 2021 - Oct 26, 2021	-5.42% Sep 18, 2013 - Oct 18, 2013

Correlation

Correlation between LTPZ and PIZ is 0.49 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.49

-101

Dividend Comparison (2008 - 2026)

LTPZ vs PIZ dividend yield comparison.

Year	LTPZ	PIZ
2026	4.87%	1.13%
2025	4.64%	1.55%
2024	3.71%	1.68%
2023	3.71%	1.86%
2022	8.38%	2.04%
2021	3.56%	1.01%
2020	1.42%	0.37%
2019	1.74%	1.58%
2018	3.05%	1.06%
2017	2.25%	1.30%
2016	2.32%	2.21%
2015	0.71%	1.09%
2014	1.77%	1.61%
2013	1.28%	2.81%
2012	1.58%	1.96%
2011	3.62%	2.90%
2010	2.51%	0.43%
2009	0.80%	2.10%
2008	0.00%	2.15%