PHDG vs PGZ

Comparison between INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF) and Principal Real Estate Income Fund (PGZ, ETF).

5-Year PerformancePHDG has outperformed PGZ, delivering a return of +4.4% compared to +3.2%

PHDG vs PGZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PHDG(ETF)	PGZ(ETF)
Net Assets	$74M	$74M
Expense Ratio	0.39%	N/A
Max Drawdown	23.59%	61.11%
Sharpe Ratio	1.10	0.69
5Y Beta	0.31	0.31
P/E Ratio	28.77	N/A
Forward P/E	21.26	N/A
5Y Dividends CAGR	31.27%	5.24%
5Y EPS CAGR	25.61%	N/A
Debt to Equity	31.66%	N/A
P/S Ratio	3.76	N/A
P/B Ratio	5.65	N/A

Net Assets

PHDG

$74M

Winner

PGZ

$74M

Expense Ratio

PHDG

0.39%

PGZ

N/A

Max Drawdown

Winner

PHDG

23.59%

PGZ

61.11%

Sharpe Ratio

Winner

PHDG

1.10

PGZ

0.69

5Y Beta

Winner

PHDG

0.31

PGZ

0.31

P/E Ratio

PHDG

28.77

PGZ

N/A

Forward P/E

PHDG

21.26

PGZ

N/A

5Y Dividends CAGR

Winner

PHDG

31.27%

PGZ

5.24%

5Y EPS CAGR

PHDG

25.61%

PGZ

N/A

Debt to Equity

PHDG

31.66%

PGZ

N/A

P/S Ratio

PHDG

3.76

PGZ

N/A

P/B Ratio

PHDG

5.65

PGZ

N/A

PHDG vs PGZ - Historical Returns

Returns include dividend reinvestment.

Period	PHDG	PGZ
1 month	-0.31%	+3.34%
3 months	+2.79%	+3.17%
6 months	+9.73%	+7.73%
1 year	+16.69%	+10.59%
5 years(CAGR)	+4.44%	+3.24%
10 years(CAGR)	+7.24%	+4.49%
Max(CAGR)	+5.62%	+4.70%

PHDG

-0.31%

Winner

PGZ

+3.34%

PHDG

+2.79%

Winner

PGZ

+3.17%

Winner

PHDG

+9.73%

PGZ

+7.73%

Winner

PHDG

+16.69%

PGZ

+10.59%

5Y(CAGR)

Winner

PHDG

+4.44%

PGZ

+3.24%

10Y(CAGR)

Winner

PHDG

+7.24%

PGZ

+4.49%

Max(CAGR)

Winner

PHDG

+5.62%

PGZ

+4.70%

PHDG vs PGZ - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	PHDG	PGZ
2026	+10.45%	+9.93%
2025	+2.46%	+14.11%
2024	+11.96%	+17.42%
2023	+8.79%	+2.50%
2022	-14.38%	-28.14%
2021	+16.13%	+39.70%
2020	+18.15%	-36.20%
2019	+8.89%	+40.88%
2018	-3.39%	+3.84%
2017	+15.36%	+17.19%
2016	-0.25%	+6.97%
2015	-9.72%	-2.54%
2014	+6.86%	+18.84%
2013	+12.19%	-11.41%
2012	-0.01%	N/A

PHDG vs PGZ Drawdown Comparison

The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.

The maximum drawdown for PGZ was -53.48%, occurring on Oct 30, 2020. This drawdown has not yet recovered.

The current PHDG drawdown is -5.30%. The current PGZ drawdown is -6.31%.

Rank	PHDG	PGZ
#1	-17.69% Dec 5, 2014 - Dec 11, 2017	-53.48% Feb 18, 2020 - Oct 30, 2020
#2	-17.06% Dec 27, 2021 - Jun 12, 2024	-22.12% Jun 12, 2015 - Jun 10, 2016
#3	-15.87% Mar 18, 2020 - Aug 24, 2020	-15.75% Aug 24, 2018 - Mar 14, 2019
#4	-14.79% Dec 4, 2024 - Mar 2, 2026	-15.70% Jul 24, 2013 - Apr 28, 2014
#5	-12.79% Feb 6, 2018 - Mar 12, 2020	-12.40% Sep 7, 2016 - Mar 31, 2017
#6	-10.06% Sep 2, 2020 - Apr 15, 2021	-11.76% Sep 12, 2017 - Jul 3, 2018
#7	-6.36% Jun 15, 2026 - Jun 25, 2026	-5.22% Sep 8, 2014 - Nov 3, 2014
#8	-6.11% Aug 5, 2024 - Dec 4, 2024	-4.50% Jun 14, 2017 - Jul 17, 2017
#9	-5.20% Aug 2, 2013 - Dec 23, 2013	-4.46% Aug 7, 2019 - Aug 20, 2019
#10	-4.42% Sep 7, 2021 - Nov 2, 2021	-4.22% Jul 17, 2017 - Sep 6, 2017
#11	-4.37% Jul 16, 2024 - Aug 5, 2024	-4.20% Aug 23, 2019 - Sep 25, 2019
#12	-3.88% Jun 4, 2026 - Jun 15, 2026	-3.74% Oct 31, 2019 - Nov 29, 2019
#13	-3.69% Apr 2, 2014 - Jun 9, 2014	-3.66% Dec 17, 2019 - Jan 15, 2020
#14	-3.44% Dec 31, 2013 - Feb 28, 2014	-3.66% Jun 12, 2014 - Jul 14, 2014
#15	-3.37% Mar 10, 2026 - Apr 8, 2026	-3.61% Jun 17, 2016 - Sep 6, 2016

Correlation

Correlation between PHDG and PGZ is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62

-101

Dividend Comparison (2012 - 2026)

PHDG vs PGZ dividend yield comparison.

Year	PHDG	PGZ
2026	0.72%	7.18%
2025	2.10%	12.59%
2024	1.94%	12.75%
2023	1.93%	13.33%
2022	1.35%	11.86%
2021	0.44%	6.32%
2020	0.63%	10.34%
2019	1.80%	6.25%
2018	1.56%	7.98%
2017	1.83%	9.51%
2016	2.29%	10.90%
2015	1.64%	10.40%
2014	5.46%	8.98%
2013	1.76%	3.96%
2012	0.09%	0.00%