PBJ vs FRGN

Comparison between INVESCO FOOD & BEVERAGE ETF (PBJ, ETF) and Horizon International Equity ETF (FRGN, ETF).

PBJ vs FRGN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PBJ(ETF)	FRGN(ETF)
Net Assets	$94M	$94M
Expense Ratio	0.61%	0.75%
Max Drawdown	41.72%	12.40%
Sharpe Ratio	-0.06	1.65
5Y Beta	0.40	1.35
P/E Ratio	22.87	N/A
Forward P/E	15.05	N/A
PEG Ratio	0.24	N/A
5Y Dividends CAGR	13.23%	N/A
5Y EPS CAGR	6.10%	N/A
Debt to Equity	33.30%	N/A
P/S Ratio	0.36	N/A
P/B Ratio	2.08	N/A

Net Assets

Winner

PBJ

$94M

FRGN

$94M

Expense Ratio

Winner

PBJ

0.61%

FRGN

0.75%

Max Drawdown

PBJ

41.72%

Winner

FRGN

12.40%

Sharpe Ratio

PBJ

-0.06

Winner

FRGN

1.65

5Y Beta

Winner

PBJ

0.40

FRGN

1.35

P/E Ratio

PBJ

22.87

FRGN

N/A

Forward P/E

PBJ

15.05

FRGN

N/A

PEG Ratio

PBJ

0.24

FRGN

N/A

5Y Dividends CAGR

PBJ

13.23%

FRGN

N/A

5Y EPS CAGR

PBJ

6.10%

FRGN

N/A

Debt to Equity

PBJ

33.30%

FRGN

N/A

P/S Ratio

PBJ

0.36

FRGN

N/A

P/B Ratio

PBJ

2.08

FRGN

N/A

PBJ vs FRGN - Holdings Comparison

PBJ and FRGN have 1 common holdings. Overlap is -0.08%

PBJ's top 25 holdings weight is 89.01%. FRGN's top 25 holdings weight is 32.02%.

Rank	PBJ	FRGN
#1	ARCHER-DANIELS-MIDLAND CO (ADM) - 6.06%	n/a (n/a) - 4.33%
#2	MONSTER BEVERAGE CORP (MNST) - 5.40%	ASML HOLDING NV (n/a) - 3.58%
#3	CORTEVA INC (CTVA) - 5.36%	SAMSUNG ELECTRONICS CO LTD (n/a) - 2.47%
#4	MONDELEZ INTERNATIONAL INC CLASS A (MDLZ) - 5.29%	SK HYNIX INC (n/a) - 1.98%
#5	THE KROGER CO (KR) - 4.89%	SHELL PLC (n/a) - 1.62%
#6	PEPSICO INC (PEP) - 4.54%	THE TORONTO-DOMINION BANK (n/a) - 1.62%
#7	SYSCO CORP (SYY) - 4.43%	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.47%
#8	THE HERSHEY CO (HSY) - 4.38%	TOTALENERGIES SE (TTE) - 1.41%
#9	UNITED NATURAL FOODS INC (UNFI) - 3.73%	NOVARTIS AG REGISTERED SHARES (n/a) - 1.09%
#10	DARLING INGREDIENTS INC (DAR) - 3.24%	RIO TINTO PLC ORDINARY SHARES (n/a) - 1.08%
#11	MAPLEBEAR INC (CART) - 3.22%	SOFTBANK GROUP CORP (n/a) - 1.08%
#12	ANDERSONS INC (ANDE) - 3.18%	ASTRAZENECA PLC (AZN:XLON) - 0.97%
#13	SMITHFIELD FOODS INC (SFD) - 2.98%	ISHARES MSCI INDIA ETF (INDA) - 0.97%
#14	TYSON FOODS INC CLASS A (TSN) - 2.96%	UBS GROUP AG REGISTERED SHARES (n/a) - 0.96%
#15	ARCOS DORADOS HOLDINGS INC CLASS A (ARCO) - 2.90%	ROYAL BANK OF CANADA (RY) - 0.96%
#16	WEIS MARKETS INC (WMK) - 2.85%	BRITISH AMERICAN TOBACCO PLC (n/a) - 0.93%
#17	SEABOARD CORP (SEB) - 2.84%	TOKYO ELECTRON LTD (n/a) - 0.93%
#18	INGLES MARKETS INC CLASS A (IMKTA) - 2.83%	AGNICO EAGLE MINES LTD (AEM) - 0.88%
#19	BBB FOODS INC CLASS A (TBBB) - 2.69%	ADVANTEST CORP (n/a) - 0.88%
#20	POST HOLDINGS INC (POST) - 2.61%	ABB LTD (n/a) - 0.83%
#21	COCA-COLA CONSOLIDATED INC (COKE) - 2.60%	ORIX CORP (n/a) - 0.40%
#22	DOLE PLC (DOLE) - 2.59%	GENERALI (n/a) - 0.40%
#23	CAL-MAINE FOODS INC (CALM) - 2.58%	GOLD FIELDS LTD (n/a) - 0.40%
#24	ALBERTSONS COMPANIES INC CLASS A (ACI) - 2.43%	FANUC CORP (n/a) - 0.39%
#25	US FOODS HOLDING CORP (USFD) - 2.43%	ING GROEP NV (n/a) - 0.39%
Total Holdings	32	254

PBJ vs FRGN - Historical Returns

Returns include dividend reinvestment.

Period	PBJ	FRGN
1 month	-4.38%	+1.18%
3 months	-1.49%	+11.33%
6 months	+7.55%	+20.56%
1 year	+2.86%	N/A
5 years(CAGR)	+3.28%	N/A
10 years(CAGR)	+5.36%	N/A
Max(CAGR)	+7.23%	+45.42%

PBJ

-4.38%

Winner

FRGN

+1.18%

PBJ

-1.49%

Winner

FRGN

+11.33%

PBJ

+7.55%

Winner

FRGN

+20.56%

PBJ

+2.86%

FRGN

N/A

5Y(CAGR)

PBJ

+3.28%

FRGN

N/A

10Y(CAGR)

PBJ

+5.36%

FRGN

N/A

Max(CAGR)

PBJ

+7.23%

Winner

FRGN

+45.42%

PBJ vs FRGN - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	PBJ	FRGN
2026	+7.39%	+16.55%
2025	-2.48%	+1.47%
2024	+1.69%	N/A
2023	+3.23%	N/A
2022	+2.72%	N/A
2021	+27.48%	N/A
2020	+6.93%	N/A
2019	+17.62%	N/A
2018	-10.67%	N/A
2017	+1.06%	N/A
2016	+7.78%	N/A
2015	+7.18%	N/A
2014	+18.70%	N/A
2013	+30.21%	N/A
2012	+5.22%	N/A
2011	+5.66%	N/A
2010	+28.95%	N/A
2009	+8.80%	N/A
2008	-20.79%	N/A
2007	+6.17%	N/A
2006	+16.10%	N/A
2005	-2.80%	N/A

PBJ vs FRGN Drawdown Comparison

The maximum drawdown for PBJ was -39.15%, occurring on Mar 9, 2009. Recovery took 759 trading sessions.

The maximum drawdown for FRGN was -12.40%, occurring on Mar 30, 2026. Recovery took 45 trading sessions.

The current PBJ drawdown is -5.80%. The current FRGN drawdown is -4.96%.

Rank	PBJ	FRGN
#1	-39.15% Oct 9, 2007 - Oct 13, 2010	-12.40% Feb 25, 2026 - Apr 30, 2026
#2	-28.49% Sep 5, 2019 - Dec 1, 2020	-4.96% Jun 2, 2026 - Jun 5, 2026
#3	-17.02% Jan 26, 2018 - Jul 3, 2019	-3.88% May 13, 2026 - May 29, 2026
#4	-15.83% Apr 20, 2022 - Mar 13, 2024	-3.02% Jan 29, 2026 - Feb 9, 2026
#5	-15.66% Jul 21, 2011 - Jul 3, 2012	-2.62% Dec 10, 2025 - Dec 23, 2025
#6	-12.47% Jul 23, 2025 - Feb 3, 2026	-1.79% Jan 15, 2026 - Jan 22, 2026
#7	-11.31% Nov 29, 2024 - Jul 22, 2025	-1.78% May 11, 2026 - May 13, 2026
#8	-10.96% Aug 17, 2015 - Jun 30, 2016	-1.55% May 6, 2026 - May 8, 2026
#9	-9.61% Jun 1, 2007 - Oct 9, 2007	-1.34% Feb 11, 2026 - Feb 20, 2026
#10	-9.25% Jul 25, 2016 - Jan 19, 2018	-0.86% Jan 6, 2026 - Jan 12, 2026
#11	-8.23% Jun 7, 2021 - Nov 5, 2021	-0.76% Apr 30, 2026 - May 5, 2026
#12	-7.99% Jul 19, 2005 - Mar 17, 2006	-0.64% Dec 26, 2025 - Jan 2, 2026
#13	-7.91% Mar 27, 2024 - Nov 25, 2024	-0.46% Jan 27, 2026 - Jan 29, 2026
#14	-7.60% Aug 5, 2013 - Feb 20, 2014	-0.38% Jan 12, 2026 - Jan 14, 2026
#15	-7.40% Feb 27, 2026 - Mar 20, 2026	-0.10% Dec 8, 2025 - Dec 10, 2025

Correlation

Correlation between PBJ and FRGN is 0.46 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.46

-101

Dividend Comparison (2005 - 2026)

PBJ vs FRGN dividend yield comparison.

Year	PBJ	FRGN
2026	0.32%	0.00%
2025	1.83%	0.25%
2024	1.11%	0.00%
2023	1.81%	0.00%
2022	1.81%	0.00%
2021	0.90%	0.00%
2020	1.12%	0.00%
2019	1.21%	0.00%
2018	1.41%	0.00%
2017	0.70%	0.00%
2016	1.56%	0.00%
2015	1.24%	0.00%
2014	1.32%	0.00%
2013	0.85%	0.00%
2012	1.58%	0.00%
2011	0.96%	0.00%
2010	1.14%	0.00%
2009	1.81%	0.00%
2008	1.80%	0.00%
2007	3.12%	0.00%
2006	0.93%	0.00%
2005	0.51%	0.00%