PDP vs USTB

Comparison between INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF) and VICTORYSHARES SHORT-TERM BOND ETF FORMERLY VICTORYSHARES USAA CORE SHORT-TERM BOND ETF VICTORYSHARES SHORT-TERM BOND ETF (USTB, ETF).

5-Year PerformancePDP has outperformed USTB, delivering a return of +10.0% compared to +3.5%

PDP vs USTB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDP(ETF)	USTB(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.62%	0.34%
Max Drawdown	59.45%	7.56%
Sharpe Ratio	0.99	0.28
5Y Beta	1.18	0.01
P/E Ratio	56.60	N/A
Forward P/E	26.55	N/A
5Y Dividends CAGR	9.90%	18.36%
5Y EPS CAGR	23.79%	N/A
Debt to Equity	17.40%	N/A
P/S Ratio	3.68	N/A
P/B Ratio	8.50	N/A

Net Assets

PDP

$2.10B

Winner

USTB

$2.20B

Expense Ratio

PDP

0.62%

Winner

USTB

0.34%

Max Drawdown

PDP

59.45%

Winner

USTB

7.56%

Sharpe Ratio

Winner

PDP

0.99

USTB

0.28

5Y Beta

PDP

1.18

Winner

USTB

0.01

P/E Ratio

PDP

56.60

USTB

N/A

Forward P/E

PDP

26.55

USTB

N/A

5Y Dividends CAGR

PDP

9.90%

Winner

USTB

18.36%

5Y EPS CAGR

PDP

23.79%

USTB

N/A

Debt to Equity

PDP

17.40%

USTB

N/A

P/S Ratio

PDP

3.68

USTB

N/A

P/B Ratio

PDP

8.50

USTB

N/A

PDP vs USTB - Historical Returns

Returns include dividend reinvestment.

Period	PDP	USTB
1 month	-4.70%	+0.14%
3 months	+7.02%	+0.79%
6 months	+15.49%	+1.33%
1 year	+29.02%	+4.33%
5 years(CAGR)	+10.01%	+3.52%
10 years(CAGR)	+13.02%	+3.45%
Max(CAGR)	+9.96%	+3.45%

PDP

-4.70%

Winner

USTB

+0.14%

Winner

PDP

+7.02%

USTB

+0.79%

Winner

PDP

+15.49%

USTB

+1.33%

Winner

PDP

+29.02%

USTB

+4.33%

5Y(CAGR)

Winner

PDP

+10.01%

USTB

+3.52%

10Y(CAGR)

Winner

PDP

+13.02%

USTB

+3.45%

Max(CAGR)

Winner

PDP

+9.96%

USTB

+3.45%

PDP vs USTB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PDP	USTB
2026	+19.66%	+1.54%
2025	+8.02%	+6.13%
2024	+28.47%	+6.81%
2023	+21.82%	+6.57%
2022	-23.37%	-2.72%
2021	+9.40%	+0.89%
2020	+35.79%	+5.00%
2019	+34.74%	+4.99%
2018	-6.40%	+1.12%
2017	+22.97%	+0.35%
2016	+4.62%	N/A
2015	+1.55%	N/A
2014	+13.29%	N/A
2013	+28.69%	N/A
2012	+17.82%	N/A
2011	+0.33%	N/A
2010	+24.50%	N/A
2009	+24.87%	N/A
2008	-45.65%	N/A
2007	+13.82%	N/A

PDP vs USTB Drawdown Comparison

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

The maximum drawdown for USTB was -5.32%, occurring on Mar 24, 2020. Recovery took 65 trading sessions.

The current PDP drawdown is -7.32%. The current USTB drawdown is -0.05%.

Rank	PDP	USTB
#1	-59.34% Dec 10, 2007 - Apr 3, 2012	-5.32% Mar 4, 2020 - Jun 5, 2020
#2	-34.70% Feb 19, 2020 - Jul 17, 2020	-4.96% Sep 9, 2021 - Jul 13, 2023
#3	-33.92% Nov 8, 2021 - Jul 12, 2024	-1.02% Aug 30, 2023 - Nov 3, 2023
#4	-24.54% Sep 14, 2018 - Jun 10, 2019	-0.84% Feb 27, 2026 - May 1, 2026
#5	-23.79% Dec 4, 2024 - Sep 19, 2025	-0.81% Dec 29, 2017 - Aug 6, 2018
#6	-19.14% Mar 20, 2015 - Feb 9, 2017	-0.68% Sep 27, 2024 - Dec 3, 2024
#7	-13.91% Jul 13, 2007 - Oct 9, 2007	-0.67% Jul 13, 2023 - Aug 4, 2023
#8	-13.47% Feb 12, 2021 - Aug 5, 2021	-0.65% Apr 3, 2025 - Apr 28, 2025
#9	-11.87% Oct 29, 2025 - Jan 13, 2026	-0.62% Sep 4, 2019 - Oct 2, 2019
#10	-11.63% Feb 25, 2026 - Apr 10, 2026	-0.48% Apr 4, 2024 - May 2, 2024
#11	-9.80% May 2, 2012 - Sep 14, 2012	-0.46% Jan 31, 2024 - Mar 1, 2024
#12	-9.76% Sep 5, 2014 - Nov 3, 2014	-0.43% Aug 8, 2023 - Aug 25, 2023
#13	-9.59% Jul 16, 2024 - Sep 19, 2024	-0.40% Sep 21, 2018 - Nov 16, 2018
#14	-9.53% Jan 26, 2018 - May 30, 2018	-0.40% Oct 4, 2019 - Nov 22, 2019
#15	-9.08% Jun 22, 2026 - Jul 13, 2026	-0.38% Aug 2, 2024 - Aug 21, 2024

Correlation

Correlation between PDP and USTB is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

PDP vs USTB dividend yield comparison.

Year	PDP	USTB
2026	0.00%	2.33%
2025	0.17%	4.63%
2024	0.15%	5.05%
2023	0.42%	4.49%
2022	0.45%	2.54%
2021	0.00%	1.84%
2020	0.11%	2.59%
2019	0.25%	2.69%
2018	0.18%	2.32%
2017	0.28%	0.43%
2016	0.81%	0.00%
2015	0.39%	0.00%
2014	0.15%	0.00%
2013	0.28%	0.00%
2012	0.85%	0.00%
2011	0.16%	0.00%
2010	0.24%	0.00%
2009	0.54%	0.00%
2008	0.27%	0.00%
2007	0.09%	0.00%