PBP vs HAWX
Comparison between INVESCO S&P 500 BUYWRITE ETF (PBP, ETF) and ISHARES CURRENCY HEDGED MSCI ACWI EX U.S. ETF (HAWX, ETF).
5-Year PerformanceHAWX has outperformed PBP, delivering a return of +12.8% compared to +8.1%
PBP vs HAWX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PBP
$344M
Winner
HAWX
$346M
Expense Ratio
Winner
PBP
0.29%
HAWX
0.35%
Max Drawdown
PBP
45.11%
Winner
HAWX
30.63%
Sharpe Ratio
PBP
1.74
Winner
HAWX
1.89
5Y Beta
Winner
PBP
0.64
HAWX
0.70
P/E Ratio
PBP
27.62
HAWX
N/A
Forward P/E
PBP
21.26
HAWX
N/A
5Y Dividends CAGR
Winner
PBP
63.54%
HAWX
7.53%
5Y EPS CAGR
PBP
25.99%
HAWX
N/A
Debt to Equity
PBP
30.98%
HAWX
N/A
P/S Ratio
PBP
3.65
HAWX
N/A
P/B Ratio
PBP
5.46
HAWX
N/A
PBP vs HAWX - Holdings Comparison
PBP and HAWX have 1 common holdings. Overlap is -20.34%
PBP's top 25 holdings weight is 54.06%. HAWX's top 25 holdings weight is 194.15%.
| Rank | PBP | HAWX |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 8.56% | ISHARES MSCI ACWI EX US ETF (ACWX) - 99.47% |
| #2 | APPLE INC (AAPL) - 7.31% | EUR/USD PURCHASED (n/a) - 20.33% |
| #3 | MICROSOFT CORP (MSFT) - 5.17% | JPY/USD PURCHASED (n/a) - 13.32% |
| #4 | AMAZON.COM INC (AMZN) - 3.96% | GBP/USD PURCHASED (n/a) - 8.47% |
| #5 | BROADCOM INC (AVGO) - 3.61% | CAD/USD PURCHASED (n/a) - 8.03% |
| #6 | ALPHABET INC CLASS A (GOOGL) - 3.33% | TWD/USD PURCHASED (n/a) - 7.98% |
| #7 | ALPHABET INC CLASS C (GOOG) - 2.65% | HKD/USD PURCHASED (n/a) - 6.80% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.06% | KRW/USD PURCHASED (n/a) - 5.96% |
| #9 | MICRON TECHNOLOGY INC (MU) - 1.89% | CHF/USD PURCHASED (n/a) - 5.29% |
| #10 | TESLA INC (TSLA) - 1.88% | AUD/USD PURCHASED (n/a) - 3.81% |
| #11 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.37% | INR/USD PURCHASED (n/a) - 3.75% |
| #12 | ADVANCED MICRO DEVICES INC (AMD) - 1.34% | SEK/USD PURCHASED (n/a) - 1.84% |
| #13 | ELI LILLY AND CO (LLY) - 1.33% | BRL/USD PURCHASED (n/a) - 1.31% |
| #14 | JPMORGAN CHASE & CO (JPM) - 1.28% | CNH/USD PURCHASED (n/a) - 1.16% |
| #15 | EXXON MOBIL CORP (XOM) - 0.99% | MYR/USD PURCHASED (n/a) - 1.03% |
| #16 | JOHNSON & JOHNSON (JNJ) - 0.85% | ZAR/USD PURCHASED (n/a) - 1.01% |
| #17 | VISA INC CLASS A (V) - 0.84% | DKK/USD PURCHASED (n/a) - 0.97% |
| #18 | INTEL CORP (INTC) - 0.80% | SGD/USD PURCHASED (n/a) - 0.84% |
| #19 | CISCO SYSTEMS INC (CSCO) - 0.80% | MXN/USD PURCHASED (n/a) - 0.58% |
| #20 | WALMART INC (WMT) - 0.78% | CASH OFFSET (n/a) - 0.50% |
| #21 | CATERPILLAR INC (CAT) - 0.67% | ILS/USD PURCHASED (n/a) - 0.50% |
| #22 | COSTCO WHOLESALE CORP (COST) - 0.67% | NOK/USD PURCHASED (n/a) - 0.46% |
| #23 | LAM RESEARCH CORP (LRCX) - 0.66% | THB/USD PURCHASED (n/a) - 0.31% |
| #24 | ORACLE CORP (ORCL) - 0.65% | IDR/USD PURCHASED (n/a) - 0.25% |
| #25 | MASTERCARD INC CLASS A (MA) - 0.61% | CLP/USD PURCHASED (n/a) - 0.18% |
| Total Holdings | 499 | 55 |
PBP vs HAWX - Historical Returns
Returns include dividend reinvestment.
1M
PBP
+1.88%
Winner
HAWX
+5.03%
3M
PBP
+4.50%
Winner
HAWX
+11.06%
6M
PBP
+6.44%
Winner
HAWX
+18.77%
1Y
PBP
+17.25%
Winner
HAWX
+35.43%
5Y(CAGR)
PBP
+8.14%
Winner
HAWX
+12.80%
10Y(CAGR)
PBP
+7.14%
Winner
HAWX
+12.54%
Max(CAGR)
PBP
+5.23%
Winner
HAWX
+10.19%
PBP vs HAWX - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PBP | HAWX |
|---|---|---|
| 2026 | +5.09% | +15.00% |
| 2025 | +8.98% | +26.15% |
| 2024 | +19.86% | +15.37% |
| 2023 | +11.74% | +15.51% |
| 2022 | -12.23% | -9.23% |
| 2021 | +20.87% | +12.76% |
| 2020 | -3.82% | +5.43% |
| 2019 | +13.35% | +22.53% |
| 2018 | -6.07% | -10.09% |
| 2017 | +11.20% | +17.53% |
| 2016 | +6.99% | +9.29% |
| 2015 | +5.54% | -6.70% |
| 2014 | +5.12% | N/A |
| 2013 | +11.48% | N/A |
| 2012 | +2.90% | N/A |
| 2011 | +4.10% | N/A |
| 2010 | +4.09% | N/A |
| 2009 | +21.34% | N/A |
| 2008 | -28.92% | N/A |
| 2007 | +2.07% | N/A |
PBP vs HAWX Drawdown Comparison
The maximum drawdown for PBP was -43.43%, occurring on Mar 9, 2009. Recovery took 1243 trading sessions.
The maximum drawdown for HAWX was -30.63%, occurring on Mar 16, 2020. Recovery took 210 trading sessions.
The current PBP drawdown is -0.22%. The current HAWX drawdown is -0.53%.
| Rank | PBP | HAWX |
|---|---|---|
| #1 | -43.43% Apr 30, 2008 - Apr 10, 2013 | -30.63% Jan 17, 2020 - Nov 16, 2020 |
| #2 | -33.29% Feb 19, 2020 - Apr 6, 2021 | -19.32% Jul 15, 2015 - Jan 4, 2017 |
| #3 | -18.62% Apr 13, 2022 - Feb 23, 2024 | -17.46% Nov 16, 2021 - Jun 13, 2023 |
| #4 | -15.74% Sep 21, 2018 - Nov 7, 2019 | -15.51% Jan 26, 2018 - May 3, 2019 |
| #5 | -15.42% Feb 19, 2025 - Oct 20, 2025 | -13.30% Mar 19, 2025 - May 12, 2025 |
| #6 | -9.87% Dec 21, 2007 - Apr 30, 2008 | -9.39% Feb 25, 2026 - Apr 17, 2026 |
| #7 | -9.85% Jul 20, 2015 - Nov 27, 2015 | -9.17% Jul 12, 2024 - Sep 26, 2024 |
| #8 | -8.53% Dec 1, 2015 - Jun 23, 2016 | -8.09% Jul 31, 2023 - Dec 13, 2023 |
| #9 | -8.04% Jan 26, 2018 - May 14, 2018 | -6.56% Jul 24, 2019 - Sep 13, 2019 |
| #10 | -7.58% Sep 17, 2014 - Apr 10, 2015 | -5.37% May 3, 2019 - Jul 2, 2019 |
| #11 | -6.46% Jan 3, 2022 - Mar 28, 2022 | -5.10% Sep 7, 2021 - Nov 4, 2021 |
| #12 | -5.46% Jul 23, 2024 - Aug 15, 2024 | -4.33% Jun 2, 2026 - Jun 15, 2026 |
| #13 | -5.23% Feb 25, 2026 - Apr 30, 2026 | -4.21% Nov 12, 2025 - Dec 19, 2025 |
| #14 | -4.94% Jan 15, 2014 - Feb 14, 2014 | -3.85% Feb 16, 2021 - Apr 1, 2021 |
| #15 | -3.90% May 21, 2013 - Oct 14, 2013 | -3.83% Jan 21, 2021 - Feb 5, 2021 |
Correlation
Correlation between PBP and HAWX is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2008 - 2026)
PBP vs HAWX dividend yield comparison.
| Year | PBP | HAWX |
|---|---|---|
| 2026 | 4.48% | 0.00% |
| 2025 | 11.12% | 2.80% |
| 2024 | 9.36% | 3.31% |
| 2023 | 3.35% | 2.95% |
| 2022 | 1.33% | 16.94% |
| 2021 | 6.21% | 2.63% |
| 2020 | 1.41% | 2.00% |
| 2019 | 5.04% | 3.23% |
| 2018 | 2.59% | 2.51% |
| 2017 | 10.86% | 2.40% |
| 2016 | 2.56% | 2.49% |
| 2015 | 6.19% | 3.86% |
| 2014 | 4.96% | 0.00% |
| 2013 | 6.62% | 0.00% |
| 2012 | 4.38% | 0.00% |
| 2011 | 10.88% | 0.00% |
| 2010 | 7.91% | 0.00% |
| 2009 | 1.53% | 0.00% |
| 2008 | 2.38% | 0.00% |
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