PDP vs ASA

Comparison between INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF) and ASA Gold and Precious Metals Ltd (ASA, ETF).

5-Year PerformanceASA has outperformed PDP, delivering a return of +25.0% compared to +10.2%

PDP vs ASA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDP(ETF)	ASA(ETF)
Net Assets	$1.30B	$1.40B
Expense Ratio	0.62%	N/A
Max Drawdown	59.45%	81.29%
Sharpe Ratio	1.41	1.92
5Y Beta	1.16	0.65
P/E Ratio	37.48	N/A
Forward P/E	25.77	N/A
5Y Dividends CAGR	9.90%	37.97%
5Y EPS CAGR	25.20%	N/A
Debt to Equity	50.55%	N/A
P/S Ratio	2.42	N/A
P/B Ratio	7.69	N/A

Net Assets

PDP

$1.30B

Winner

ASA

$1.40B

Expense Ratio

PDP

0.62%

ASA

N/A

Max Drawdown

Winner

PDP

59.45%

ASA

81.29%

Sharpe Ratio

PDP

1.41

Winner

ASA

1.92

5Y Beta

PDP

1.16

Winner

ASA

0.65

P/E Ratio

PDP

37.48

ASA

N/A

Forward P/E

PDP

25.77

ASA

N/A

5Y Dividends CAGR

PDP

9.90%

Winner

ASA

37.97%

5Y EPS CAGR

PDP

25.20%

ASA

N/A

Debt to Equity

PDP

50.55%

ASA

N/A

P/S Ratio

PDP

2.42

ASA

N/A

P/B Ratio

PDP

7.69

ASA

N/A

PDP vs ASA - Historical Returns

Returns include dividend reinvestment.

Period	PDP	ASA
1 month	+7.87%	+6.31%
3 months	+9.50%	-1.90%
6 months	+19.07%	+50.77%
1 year	+36.74%	+130.76%
5 years(CAGR)	+10.23%	+25.02%
10 years(CAGR)	+13.36%	+19.10%
Max(CAGR)	+9.96%	+10.70%

Winner

PDP

+7.87%

ASA

+6.31%

Winner

PDP

+9.50%

ASA

-1.90%

PDP

+19.07%

Winner

ASA

+50.77%

PDP

+36.74%

Winner

ASA

+130.76%

5Y(CAGR)

PDP

+10.23%

Winner

ASA

+25.02%

10Y(CAGR)

PDP

+13.36%

Winner

ASA

+19.10%

Max(CAGR)

PDP

+9.96%

Winner

ASA

+10.70%

PDP vs ASA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PDP	ASA
2026	+17.60%	+18.74%
2025	+8.02%	+185.28%
2024	+28.47%	+33.84%
2023	+21.82%	+2.44%
2022	-23.37%	-31.22%
2021	+9.40%	-8.86%
2020	+35.79%	+59.82%
2019	+34.74%	+44.51%
2018	-6.40%	-17.92%
2017	+22.97%	-0.27%
2016	+4.62%	+52.33%
2015	+1.55%	-30.87%
2014	+13.29%	-18.39%
2013	+28.69%	-44.28%
2012	+17.82%	-18.82%
2011	+0.33%	-22.09%
2010	+24.50%	+32.28%
2009	+24.87%	+57.63%
2008	-45.65%	-31.94%
2007	+13.82%	+22.37%
2006	N/A	+10.44%
2005	N/A	+44.00%
2004	N/A	-9.96%
2003	N/A	+13.32%
2002	N/A	+111.50%
2001	N/A	+31.88%
2000	N/A	-18.67%
1999	N/A	-2.87%

PDP vs ASA Drawdown Comparison

The maximum drawdown for PDP was -59.34%, occurring on Mar 9, 2009. Recovery took 1087 trading sessions.

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The current PDP drawdown is -2.34%. The current ASA drawdown is -14.92%.

Rank	PDP	ASA
#1	-59.34% Dec 10, 2007 - Apr 3, 2012	-80.31% Dec 6, 2010 - Jun 2, 2025
#2	-34.70% Feb 19, 2020 - Jul 17, 2020	-65.13% Mar 14, 2008 - Sep 14, 2010
#3	-33.92% Nov 8, 2021 - Jul 12, 2024	-35.70% Jun 3, 2002 - Dec 13, 2002
#4	-24.54% Sep 14, 2018 - Jun 10, 2019	-32.51% Feb 27, 2026 - Mar 20, 2026
#5	-23.79% Dec 4, 2024 - Sep 19, 2025	-31.72% Nov 10, 1999 - May 16, 2001
#6	-19.14% Mar 20, 2015 - Feb 9, 2017	-28.66% Dec 2, 2003 - Sep 29, 2005
#7	-13.91% Jul 13, 2007 - Oct 9, 2007	-27.87% May 9, 2006 - Sep 25, 2007
#8	-13.47% Feb 12, 2021 - Aug 5, 2021	-23.62% Jan 3, 2003 - Aug 11, 2003
#9	-11.87% Oct 29, 2025 - Jan 13, 2026	-23.37% May 18, 2001 - Jan 16, 2002
#10	-11.63% Feb 25, 2026 - Apr 10, 2026	-17.89% Feb 2, 2006 - Apr 19, 2006
#11	-9.80% May 2, 2012 - Sep 14, 2012	-17.24% Oct 16, 2025 - Dec 1, 2025
#12	-9.76% Sep 5, 2014 - Nov 3, 2014	-17.12% Jan 28, 2026 - Feb 24, 2026
#13	-9.59% Jul 16, 2024 - Sep 19, 2024	-15.06% Nov 6, 2007 - Jan 3, 2008
#14	-9.53% Jan 26, 2018 - May 30, 2018	-11.68% Feb 8, 2002 - Mar 22, 2002
#15	-8.91% Sep 2, 2020 - Oct 9, 2020	-11.43% Jun 5, 2025 - Aug 7, 2025

Correlation

Correlation between PDP and ASA is 0.38 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.38

-101

Dividend Comparison (2000 - 2026)

PDP vs ASA dividend yield comparison.

Year	PDP	ASA
2026	0.00%	0.06%
2025	0.17%	0.10%
2024	0.15%	0.20%
2023	0.42%	0.13%
2022	0.45%	0.14%
2021	0.00%	0.09%
2020	0.11%	0.09%
2019	0.25%	0.15%
2018	0.18%	0.32%
2017	0.28%	0.35%
2016	0.81%	0.36%
2015	0.39%	0.56%
2014	0.15%	0.40%
2013	0.28%	1.47%
2012	0.85%	1.76%
2011	0.16%	1.37%
2010	0.24%	0.98%
2009	0.54%	1.81%
2008	0.27%	3.92%
2007	0.09%	3.06%
2006	0.00%	1.39%
2005	0.00%	1.64%
2004	0.00%	1.36%
2003	0.00%	1.76%
2002	0.00%	1.95%
2001	0.00%	4.00%
2000	0.00%	1.96%