PFIG vs UPGD

Comparison between INVESCO FUNDAMENTAL INVESTMENT GRADE CORPORATE BOND ETF (PFIG, ETF) and INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF (UPGD, ETF).

5-Year PerformanceUPGD has outperformed PFIG, delivering a return of +6.8% compared to +1.3%

PFIG vs UPGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFIG(ETF)	UPGD(ETF)
Net Assets	$113M	$113M
Expense Ratio	0.22%	0.40%
Max Drawdown	19.63%	64.78%
Sharpe Ratio	0.20	0.90
5Y Beta	0.05	0.69
P/E Ratio	N/A	26.25
Forward P/E	N/A	21.49
PEG Ratio	N/A	0.98
5Y Dividends CAGR	9.06%	55.56%
5Y EPS CAGR	N/A	13.33%
Debt to Equity	N/A	-40.76%
P/S Ratio	N/A	2.02
P/B Ratio	N/A	4.84

Net Assets

Winner

PFIG

$113M

UPGD

$113M

Expense Ratio

Winner

PFIG

0.22%

UPGD

0.40%

Max Drawdown

Winner

PFIG

19.63%

UPGD

64.78%

Sharpe Ratio

PFIG

0.20

Winner

UPGD

0.90

5Y Beta

Winner

PFIG

0.05

UPGD

0.69

P/E Ratio

PFIG

N/A

UPGD

26.25

Forward P/E

PFIG

N/A

UPGD

21.49

PEG Ratio

PFIG

N/A

UPGD

0.98

5Y Dividends CAGR

PFIG

9.06%

Winner

UPGD

55.56%

5Y EPS CAGR

PFIG

N/A

UPGD

13.33%

Debt to Equity

PFIG

N/A

UPGD

-40.76%

P/S Ratio

PFIG

N/A

UPGD

2.02

P/B Ratio

PFIG

N/A

UPGD

4.84

PFIG vs UPGD - Historical Returns

Returns include dividend reinvestment.

Period	PFIG	UPGD
1 month	-0.27%	+4.29%
3 months	-0.86%	+4.51%
6 months	+0.28%	+9.61%
1 year	+4.36%	+16.93%
5 years(CAGR)	+1.30%	+6.84%
10 years(CAGR)	+2.43%	+10.03%
Max(CAGR)	+2.75%	+7.96%

PFIG

-0.27%

Winner

UPGD

+4.29%

PFIG

-0.86%

Winner

UPGD

+4.51%

PFIG

+0.28%

Winner

UPGD

+9.61%

PFIG

+4.36%

Winner

UPGD

+16.93%

5Y(CAGR)

PFIG

+1.30%

Winner

UPGD

+6.84%

10Y(CAGR)

PFIG

+2.43%

Winner

UPGD

+10.03%

Max(CAGR)

PFIG

+2.75%

Winner

UPGD

+7.96%

PFIG vs UPGD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	PFIG	UPGD
2026	-0.07%	+9.20%
2025	+7.73%	+8.98%
2024	+3.68%	+13.80%
2023	+6.70%	+16.47%
2022	-9.69%	-13.97%
2021	-1.30%	+25.57%
2020	+7.50%	+6.10%
2019	+9.72%	+30.23%
2018	-0.66%	-15.51%
2017	+3.47%	+12.33%
2016	+3.40%	+21.96%
2015	+0.95%	-5.93%
2014	+4.60%	+5.65%
2013	-1.16%	+39.25%
2012	+5.60%	+12.96%
2011	+1.99%	-3.39%
2010	N/A	+25.78%
2009	N/A	+51.42%
2008	N/A	-38.29%
2007	N/A	+2.96%
2006	N/A	-14.71%

PFIG vs UPGD Drawdown Comparison

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

The maximum drawdown for UPGD was -60.86%, occurring on Nov 20, 2008. Recovery took 1142 trading sessions.

The current PFIG drawdown is -1.22%. The current UPGD drawdown is -1.69%.

Rank	PFIG	UPGD
#1	-15.58% Aug 3, 2021 - Apr 3, 2025	-60.86% May 23, 2006 - Dec 3, 2010
#2	-14.64% Mar 3, 2020 - May 29, 2020	-50.19% Aug 29, 2018 - Dec 3, 2020
#3	-5.24% May 1, 2013 - Apr 11, 2014	-28.87% Apr 29, 2011 - Mar 15, 2012
#4	-4.08% Nov 1, 2011 - May 7, 2012	-27.28% Jun 23, 2015 - Nov 18, 2016
#5	-3.65% Sep 27, 2016 - Jun 2, 2017	-24.31% Nov 9, 2021 - Feb 27, 2024
#6	-3.41% Sep 5, 2017 - Jan 30, 2019	-16.90% Nov 29, 2024 - Aug 22, 2025
#7	-2.89% Dec 30, 2020 - Jul 19, 2021	-13.43% Mar 26, 2012 - Jan 2, 2013
#8	-2.48% Sep 22, 2011 - Oct 19, 2011	-12.68% Jul 3, 2014 - Feb 24, 2015
#9	-2.32% Apr 1, 2015 - Mar 16, 2016	-10.11% Jan 26, 2018 - May 16, 2018
#10	-2.03% Apr 4, 2025 - May 30, 2025	-10.01% Feb 27, 2026 - May 26, 2026
#11	-1.95% Feb 23, 2026 - Mar 26, 2026	-8.56% Jun 8, 2021 - Oct 19, 2021
#12	-1.76% Oct 15, 2014 - Jan 12, 2015	-6.75% Oct 6, 2025 - Dec 11, 2025
#13	-1.55% Sep 4, 2019 - Oct 3, 2019	-6.71% Jan 22, 2014 - Feb 26, 2014
#14	-1.38% May 18, 2012 - Jun 18, 2012	-6.69% Jul 25, 2017 - Sep 27, 2017
#15	-1.37% Dec 5, 2012 - Apr 4, 2013	-6.68% Apr 2, 2014 - Jun 18, 2014

Correlation

Correlation between PFIG and UPGD is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2006 - 2026)

PFIG vs UPGD dividend yield comparison.

Year	PFIG	UPGD
2026	1.81%	0.00%
2025	4.15%	1.75%
2024	4.12%	1.28%
2023	3.54%	1.39%
2022	2.58%	0.72%
2021	3.34%	0.52%
2020	2.81%	0.28%
2019	2.92%	0.20%
2018	2.88%	1.43%
2017	2.54%	0.00%
2016	2.58%	1.55%
2015	2.57%	0.93%
2014	2.39%	0.26%
2013	2.19%	0.34%
2012	2.30%	0.35%
2011	0.64%	0.14%
2008	0.00%	0.31%
2007	0.00%	10.64%
2006	0.00%	0.60%