PCY vs ASHR

Comparison between INVESCO EMERGING MARKETS SOVEREIGN DEBT ETF (PCY, ETF) and XTRACKERS HARVEST CSI 300 CHINA A-SHARES ETF (ASHR, ETF).

5-Year PerformancePCY has outperformed ASHR, delivering a return of +1.4% compared to -0.2%

PCY vs ASHR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCY(ETF)	ASHR(ETF)
Net Assets	$1.40B	$1.50B
Expense Ratio	0.50%	0.65%
Max Drawdown	49.44%	61.79%
Sharpe Ratio	1.61	1.89
5Y Beta	0.38	0.36
5Y Dividends CAGR	0.54%	26.63%

Net Assets

PCY

$1.40B

Winner

ASHR

$1.50B

Expense Ratio

Winner

PCY

0.50%

ASHR

0.65%

Max Drawdown

Winner

PCY

49.44%

ASHR

61.79%

Sharpe Ratio

PCY

1.61

Winner

ASHR

1.89

5Y Beta

PCY

0.38

Winner

ASHR

0.36

5Y Dividends CAGR

PCY

0.54%

Winner

ASHR

26.63%

PCY vs ASHR - Historical Returns

Returns include dividend reinvestment.

Period	PCY	ASHR
1 month	+1.94%	+6.56%
3 months	+1.12%	+4.78%
6 months	+2.59%	+9.94%
1 year	+17.57%	+38.15%
5 years(CAGR)	+1.36%	-0.17%
10 years(CAGR)	+2.83%	+5.96%
Max(CAGR)	+4.69%	+6.22%

PCY

+1.94%

Winner

ASHR

+6.56%

PCY

+1.12%

Winner

ASHR

+4.78%

PCY

+2.59%

Winner

ASHR

+9.94%

PCY

+17.57%

Winner

ASHR

+38.15%

5Y(CAGR)

Winner

PCY

+1.36%

ASHR

-0.17%

10Y(CAGR)

PCY

+2.83%

Winner

ASHR

+5.96%

Max(CAGR)

PCY

+4.69%

Winner

ASHR

+6.22%

PCY vs ASHR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PCY	ASHR
2026	+1.87%	+7.23%
2025	+15.67%	+30.87%
2024	+3.76%	+14.29%
2023	+17.40%	-13.35%
2022	-23.63%	-27.39%
2021	-3.69%	-3.01%
2020	+2.04%	+33.50%
2019	+17.66%	+37.57%
2018	-6.44%	-29.75%
2017	+9.62%	+31.00%
2016	+9.16%	-7.74%
2015	+2.68%	-2.63%
2014	+9.04%	+54.20%
2013	-10.55%	-0.56%
2012	+21.91%	N/A
2011	+8.04%	N/A
2010	+11.15%	N/A
2009	+28.92%	N/A
2008	-17.73%	N/A
2007	+4.15%	N/A

PCY vs ASHR Drawdown Comparison

The maximum drawdown for PCY was -49.13%, occurring on Oct 27, 2008. Recovery took 231 trading sessions.

The maximum drawdown for ASHR was -51.28%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The current PCY drawdown is -0.50%. The current ASHR drawdown is -16.63%.

Rank	PCY	ASHR
#1	-49.13% Sep 29, 2008 - Aug 28, 2009	-51.28% Feb 17, 2021 - Feb 2, 2024
#2	-37.76% Feb 21, 2020 - Oct 1, 2025	-50.43% Jun 12, 2015 - Jan 4, 2021
#3	-21.74% May 21, 2008 - Sep 29, 2008	-18.34% Dec 4, 2013 - Oct 8, 2014
#4	-16.57% May 2, 2013 - Aug 27, 2014	-11.42% Jan 7, 2015 - Mar 16, 2015
#5	-10.16% Jan 8, 2018 - Mar 21, 2019	-7.46% May 4, 2015 - May 21, 2015
#6	-9.22% Sep 7, 2016 - Jun 2, 2017	-7.34% Dec 8, 2014 - Dec 17, 2014
#7	-7.45% Nov 4, 2010 - Jul 29, 2011	-6.81% May 26, 2015 - Jun 8, 2015
#8	-6.78% Aug 27, 2014 - Feb 3, 2015	-5.41% Dec 17, 2014 - Dec 26, 2014
#9	-6.77% Sep 8, 2011 - Nov 8, 2011	-5.36% Jan 12, 2021 - Feb 9, 2021
#10	-5.93% Apr 24, 2015 - Oct 16, 2015	-5.22% Oct 8, 2014 - Oct 31, 2014
#11	-5.91% Feb 25, 2026 - Mar 27, 2026	-4.96% Apr 16, 2015 - Apr 21, 2015
#12	-4.83% Apr 15, 2010 - Jul 7, 2010	-4.17% Nov 18, 2013 - Dec 4, 2013
#13	-4.77% Jan 2, 2013 - May 2, 2013	-3.79% Nov 14, 2014 - Nov 21, 2014
#14	-4.48% Oct 16, 2015 - Mar 1, 2016	-3.56% Nov 28, 2014 - Dec 2, 2014
#15	-4.45% Oct 14, 2009 - Mar 9, 2010	-2.91% Mar 30, 2015 - Apr 6, 2015

Correlation

Correlation between PCY and ASHR is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2007 - 2026)

PCY vs ASHR dividend yield comparison.

Year	PCY	ASHR
2026	1.93%	0.00%
2025	5.93%	2.31%
2024	6.65%	1.13%
2023	6.48%	2.48%
2022	6.81%	1.13%
2021	4.80%	0.88%
2020	4.45%	0.81%
2019	4.78%	0.98%
2018	4.93%	1.32%
2017	4.80%	0.84%
2016	5.19%	0.73%
2015	5.46%	30.13%
2014	4.58%	0.27%
2013	4.69%	0.00%
2012	4.62%	0.00%
2011	5.46%	0.00%
2010	5.90%	0.00%
2009	6.29%	0.00%
2008	7.13%	0.00%
2007	1.17%	0.00%