PCEF vs SPY
Comparison between INVESCO CEF INCOME COMPOSITE ETF (PCEF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed PCEF, delivering a return of +13.3% compared to +4.6%
PCEF vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PCEF
$836M
Winner
SPY
$735B
Expense Ratio
PCEF
2.71%
Winner
SPY
0.09%
Max Drawdown
Winner
PCEF
45.96%
SPY
56.47%
Sharpe Ratio
PCEF
0.98
Winner
SPY
1.62
5Y Beta
Winner
PCEF
0.59
SPY
1.00
P/E Ratio
PCEF
N/A
SPY
28.99
Forward P/E
PCEF
N/A
SPY
22.37
5Y Dividends CAGR
PCEF
0.53%
Winner
SPY
5.43%
5Y EPS CAGR
PCEF
N/A
SPY
26.05%
Debt to Equity
PCEF
N/A
SPY
32.40%
P/S Ratio
PCEF
N/A
SPY
3.74
P/B Ratio
PCEF
N/A
SPY
5.61
PCEF vs SPY - Holdings Comparison
PCEF and SPY have 0 common holdings. Overlap is 0.00%
PCEF's top 25 holdings weight is 48.00%. SPY's top 25 holdings weight is 52.37%.
| Rank | PCEF | SPY |
|---|---|---|
| #1 | EATON VANCE TAX-MGD GLBL DIV EQ INC (EXG) - 4.50% | NVIDIA CORP (NVDA) - 8.10% |
| #2 | n/a (JPC) - 2.76% | APPLE INC (AAPL) - 7.02% |
| #3 | BLACKROCK CAPITAL ALLOCATION TRUST (BCAT) - 2.46% | MICROSOFT CORP (MSFT) - 4.79% |
| #4 | NUVEEN S&P 500 BUY-WRITE INCOME FUND (BXMX) - 2.45% | AMAZON.COM INC (AMZN) - 4.02% |
| #5 | EATON VANCE TAX-MGD DVSF EQ INC FD (ETY) - 2.40% | ALPHABET INC CLASS A (GOOGL) - 3.51% |
| #6 | EATON VANCE TAX-MANAGED BUY-WRITE OPP (ETV) - 2.39% | BROADCOM INC (AVGO) - 3.10% |
| #7 | BLACKROCK ENHANCED EQUITY DIVIDEND TRUST (BDJ) - 2.36% | ALPHABET INC CLASS C (GOOG) - 2.79% |
| #8 | BLACKROCK ESG CAPITAL ALLOCATION TRUST (ECAT) - 2.33% | META PLATFORMS INC CLASS A (META) - 2.08% |
| #9 | n/a (NFJ) - 2.21% | TESLA INC (TSLA) - 1.89% |
| #10 | NUVEEN NASDAQ 100 DYNAMIC OVERWRITE FUND (QQQX) - 2.12% | MICRON TECHNOLOGY INC (MU) - 1.56% |
| #11 | NUVEEN FLOATING RATE INCOME FUND (JFR) - 2.08% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.37% |
| #12 | BLACKROCK SCIENCE AND TECHNOLOGY TRUST (BST) - 1.82% | ELI LILLY AND CO (LLY) - 1.31% |
| #13 | BLACKROCK CORPORATE HIGH YIELD FUND INC (HYT) - 1.66% | JPMORGAN CHASE & CO (JPM) - 1.28% |
| #14 | EATON VANCE TAX-MANGD GLO BUY-WRITE OPPO (ETW) - 1.64% | ADVANCED MICRO DEVICES INC (AMD) - 1.27% |
| #15 | BLACKROCK CREDIT ALLOCATION INCOME TRUST (BTZ) - 1.59% | EXXON MOBIL CORP (XOM) - 0.97% |
| #16 | EATON VANCE LTD DURATION INCOME FUND (EVV) - 1.48% | INTEL CORP (INTC) - 0.90% |
| #17 | ALLIANCEBERNSTEIN GLB HIGH INC FUND INC (AWF) - 1.47% | JOHNSON & JOHNSON (JNJ) - 0.86% |
| #18 | JOHN HANCOCK TAX-ADVANTAGED DIV INC FD (HTD) - 1.46% | VISA INC CLASS A (V) - 0.85% |
| #19 | DOUBLELINE INCOME SOLUTIONS FUND (DSL) - 1.45% | WALMART INC (WMT) - 0.81% |
| #20 | FIRST TRUST INTER DUR PREF& INCOME FUND (FPF) - 1.38% | CISCO SYSTEMS INC (CSCO) - 0.72% |
| #21 | n/a (BCX) - 1.28% | COSTCO WHOLESALE CORP (COST) - 0.69% |
| #22 | BLACKROCK ENHANCED CAP&INC FUND, INC (CII) - 1.23% | CATERPILLAR INC (CAT) - 0.66% |
| #23 | n/a (FFC) - 1.20% | MASTERCARD INC CLASS A (MA) - 0.62% |
| #24 | NUVEEN CREDIT STRATEGIES INCOME FUND (JQC) - 1.16% | LAM RESEARCH CORP (LRCX) - 0.62% |
| #25 | ABERDEEN ASIA-PACIFIC INCOME FUND INC (FAX) - 1.12% | ABBVIE INC (ABBV) - 0.58% |
| Total Holdings | 100 | 505 |
PCEF vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
PCEF
+0.29%
Winner
SPY
+1.90%
3M
PCEF
+2.98%
Winner
SPY
+8.55%
6M
PCEF
+3.80%
Winner
SPY
+8.18%
1Y
PCEF
+12.53%
Winner
SPY
+25.79%
5Y(CAGR)
PCEF
+4.55%
Winner
SPY
+13.32%
10Y(CAGR)
PCEF
+7.14%
Winner
SPY
+15.19%
Max(CAGR)
PCEF
+6.83%
Winner
SPY
+8.47%
PCEF vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | PCEF | SPY |
|---|---|---|
| 2026 | +3.57% | +8.26% |
| 2025 | +12.41% | +18.00% |
| 2024 | +16.34% | +25.59% |
| 2023 | +8.35% | +26.72% |
| 2022 | -18.65% | -18.64% |
| 2021 | +16.44% | +30.52% |
| 2020 | +4.56% | +17.28% |
| 2019 | +22.63% | +31.09% |
| 2018 | -9.18% | -5.24% |
| 2017 | +13.66% | +20.78% |
| 2016 | +14.58% | +13.59% |
| 2015 | -1.55% | +1.31% |
| 2014 | +5.21% | +14.56% |
| 2013 | +2.76% | +29.00% |
| 2012 | +14.15% | +14.17% |
| 2011 | +0.18% | +0.85% |
| 2010 | +8.37% | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
PCEF vs SPY Drawdown Comparison
The maximum drawdown for PCEF was -38.59%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current PCEF drawdown is -2.07%. The current SPY drawdown is -2.90%.
| Rank | PCEF | SPY |
|---|---|---|
| #1 | -38.59% Feb 20, 2020 - Dec 16, 2020 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -24.21% Nov 8, 2021 - Aug 21, 2024 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -14.90% Jul 7, 2011 - Feb 7, 2012 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -14.09% Feb 19, 2025 - Jun 12, 2025 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -13.67% Aug 29, 2018 - Mar 15, 2019 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -13.62% Apr 28, 2015 - May 27, 2016 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -11.76% Apr 26, 2010 - Sep 9, 2010 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -10.50% May 21, 2013 - Mar 31, 2014 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -8.30% Feb 25, 2026 - Apr 30, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -7.29% Oct 8, 2012 - Jan 2, 2013 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.77% Jul 23, 2014 - Apr 10, 2015 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -6.53% Sep 8, 2016 - Jan 4, 2017 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -6.00% Nov 8, 2010 - Mar 30, 2011 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -5.42% May 1, 2012 - Jul 11, 2012 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -5.03% Jan 12, 2018 - Aug 27, 2018 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between PCEF and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (1999 - 2026)
PCEF vs SPY dividend yield comparison.
| Year | PCEF | SPY |
|---|---|---|
| 2026 | 3.24% | 0.24% |
| 2025 | 7.96% | 1.07% |
| 2024 | 8.79% | 1.21% |
| 2023 | 9.86% | 1.40% |
| 2022 | 8.93% | 1.65% |
| 2021 | 6.67% | 1.20% |
| 2020 | 7.54% | 1.52% |
| 2019 | 7.12% | 1.75% |
| 2018 | 8.21% | 2.04% |
| 2017 | 6.96% | 1.80% |
| 2016 | 7.72% | 2.03% |
| 2015 | 9.18% | 2.06% |
| 2014 | 8.02% | 1.87% |
| 2013 | 8.13% | 1.81% |
| 2012 | 7.39% | 2.18% |
| 2011 | 8.80% | 2.05% |
| 2010 | 7.59% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: PCEF vs SPY
More Comparisons
Compare with similar stocks
Compare PCEF with:
Compare SPY with:
Popular suggestions:
SPY vs VOO
SPDR S&P 500 ETF Trust vs VANGUARD 500 INDEX FUND ETF SHARES
YYY vs PCEF
AMPLIFY CEF HIGH INCOME ETF vs INVESCO CEF INCOME COMPOSITE ETF
SPY vs BRK-B
SPDR S&P 500 ETF Trust vs Berkshire Hathaway Inc - Class B
SPY vs SCHD
SPDR S&P 500 ETF Trust vs SCHWAB U.S. DIVIDEND EQUITY ETF
SPY vs GLD
SPDR S&P 500 ETF Trust vs SPDR Gold Shares ETF
SPY vs SPYG
SPDR S&P 500 ETF Trust vs STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) GROWTH ETF