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PFIG vs MKTN

Comparison between INVESCO FUNDAMENTAL INVESTMENT GRADE CORPORATE BOND ETF (PFIG, ETF) and FEDERATED HERMES MDT MARKET NEUTRAL ETF (MKTN, ETF).

PFIG vs MKTN - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
PFIG
$117M
Winner
MKTN
$118M
Expense Ratio
Winner
PFIG
0.22%
MKTN
1.94%
Max Drawdown
PFIG
19.63%
Winner
MKTN
4.13%
Sharpe Ratio
PFIG
-0.36
Winner
MKTN
1.09
5Y Beta
PFIG
0.05
Winner
MKTN
0.01
5Y Dividends CAGR
PFIG
6.94%
MKTN
N/A

PFIG vs MKTN - Historical Returns

Returns include dividend reinvestment.

1M
PFIG
+0.76%
Winner
MKTN
+2.49%
3M
PFIG
+0.45%
Winner
MKTN
+6.67%
6M
PFIG
-0.42%
Winner
MKTN
+6.23%
1Y
PFIG
+2.84%
Winner
MKTN
+10.68%
5Y(CAGR)
PFIG
+1.27%
MKTN
N/A
10Y(CAGR)
PFIG
+2.34%
MKTN
N/A
Max(CAGR)
PFIG
+2.76%
Winner
MKTN
+11.74%

PFIG vs MKTN - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

YearPFIGMKTN
2026+0.59%+7.59%
2025+7.73%+3.53%
2024+3.68%N/A
2023+6.70%N/A
2022-9.69%N/A
2021-1.30%N/A
2020+7.50%N/A
2019+9.72%N/A
2018-0.66%N/A
2017+3.47%N/A
2016+3.40%N/A
2015+0.95%N/A
2014+4.60%N/A
2013-1.16%N/A
2012+5.60%N/A
2011+1.99%N/A

PFIG vs MKTN Drawdown Comparison

The maximum drawdown for PFIG was -15.58%, occurring on Oct 20, 2022. Recovery took 921 trading sessions.

The maximum drawdown for MKTN was -4.13%, occurring on Apr 21, 2026. Recovery took 64 trading sessions.

The current PFIG drawdown is -0.57%. The current MKTN drawdown is -1.24%.

RankPFIGMKTN
#1-15.58%
Aug 3, 2021 - Apr 3, 2025
-4.13%
Apr 1, 2026 - Jul 6, 2026
#2-14.64%
Mar 3, 2020 - May 29, 2020
-3.26%
Dec 19, 2025 - Feb 11, 2026
#3-5.24%
May 1, 2013 - Apr 11, 2014
-2.78%
Sep 30, 2025 - Oct 30, 2025
#4-4.08%
Nov 1, 2011 - May 7, 2012
-1.91%
Aug 19, 2026 - Aug 21, 2026
#5-3.65%
Sep 27, 2016 - Jun 2, 2017
-1.11%
Aug 10, 2026 - Aug 18, 2026
#6-3.41%
Sep 5, 2017 - Jan 30, 2019
-1.07%
Feb 17, 2026 - Mar 25, 2026
#7-2.89%
Dec 30, 2020 - Jul 19, 2021
-0.90%
Jul 20, 2026 - Jul 28, 2026
#8-2.48%
Sep 22, 2011 - Oct 19, 2011
-0.86%
Nov 11, 2025 - Dec 5, 2025
#9-2.32%
Apr 1, 2015 - Mar 16, 2016
-0.78%
Oct 30, 2025 - Nov 7, 2025
#10-2.03%
Apr 4, 2025 - May 30, 2025
-0.65%
Mar 25, 2026 - Apr 1, 2026
#11-1.95%
Feb 23, 2026 - Mar 26, 2026
-0.59%
Jul 31, 2026 - Aug 5, 2026
#12-1.76%
Oct 15, 2014 - Jan 12, 2015
-0.35%
Dec 15, 2025 - Dec 19, 2025
#13-1.55%
Sep 4, 2019 - Oct 3, 2019
-0.29%
Aug 5, 2026 - Aug 10, 2026
#14-1.38%
May 18, 2012 - Jun 18, 2012
-0.23%
Jul 13, 2026 - Jul 16, 2026
#15-1.37%
Dec 5, 2012 - Apr 4, 2013
-0.15%
Jul 9, 2026 - Jul 13, 2026

Correlation

Correlation between PFIG and MKTN is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51
-101

Dividend Comparison (2011 - 2026)

PFIG vs MKTN dividend yield comparison.

YearPFIGMKTN
20262.95%0.00%
20254.15%0.51%
20244.12%0.00%
20233.54%0.00%
20222.58%0.00%
20213.34%0.00%
20202.81%0.00%
20192.92%0.00%
20182.88%0.00%
20172.54%0.00%
20162.58%0.00%
20152.57%0.00%
20142.39%0.00%
20132.19%0.00%
20122.30%0.00%
20110.64%0.00%

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