PIE vs HYZD

Comparison between INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF) and WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND (HYZD, ETF).

5-Year PerformancePIE has outperformed HYZD, delivering a return of +7.0% compared to +6.2%

PIE vs HYZD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PIE(ETF)	HYZD(ETF)
Net Assets	$238M	$237M
Expense Ratio	0.90%	0.43%
Max Drawdown	73.06%	33.13%
Sharpe Ratio	2.10	0.99
5Y Beta	0.85	0.19
5Y Dividends CAGR	12.90%	6.13%

Net Assets

Winner

PIE

$238M

HYZD

$237M

Expense Ratio

PIE

0.90%

Winner

HYZD

0.43%

Max Drawdown

PIE

73.06%

Winner

HYZD

33.13%

Sharpe Ratio

Winner

PIE

2.10

HYZD

0.99

5Y Beta

PIE

0.85

Winner

HYZD

0.19

5Y Dividends CAGR

Winner

PIE

12.90%

HYZD

6.13%

PIE vs HYZD - Historical Returns

Returns include dividend reinvestment.

Period	PIE	HYZD
1 month	+4.66%	+0.71%
3 months	+25.82%	+2.98%
6 months	+34.87%	+3.34%
1 year	+61.25%	+7.44%
5 years(CAGR)	+7.00%	+6.17%
10 years(CAGR)	+10.31%	+5.53%
Max(CAGR)	+2.92%	+4.42%

Winner

PIE

+4.66%

HYZD

+0.71%

Winner

PIE

+25.82%

HYZD

+2.98%

Winner

PIE

+34.87%

HYZD

+3.34%

Winner

PIE

+61.25%

HYZD

+7.44%

5Y(CAGR)

Winner

PIE

+7.00%

HYZD

+6.17%

10Y(CAGR)

Winner

PIE

+10.31%

HYZD

+5.53%

Max(CAGR)

PIE

+2.92%

Winner

HYZD

+4.42%

PIE vs HYZD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PIE	HYZD
2026	+35.96%	+2.57%
2025	+25.76%	+7.43%
2024	+1.38%	+9.41%
2023	+12.56%	+11.33%
2022	-28.77%	-2.50%
2021	+12.85%	+6.37%
2020	+18.03%	-0.71%
2019	+25.13%	+9.12%
2018	-22.83%	-1.95%
2017	+41.02%	+6.18%
2016	+2.26%	+14.24%
2015	-13.21%	-1.04%
2014	-0.27%	-4.10%
2013	-2.46%	-0.14%
2012	+14.98%	N/A
2011	-13.39%	N/A
2010	+21.08%	N/A
2009	+53.15%	N/A
2008	-62.20%	N/A
2007	+0.56%	N/A

PIE vs HYZD Drawdown Comparison

The maximum drawdown for PIE was -72.98%, occurring on Mar 2, 2009. Recovery took 3259 trading sessions.

The maximum drawdown for HYZD was -25.66%, occurring on Mar 24, 2020. Recovery took 260 trading sessions.

The current PIE drawdown is -1.96%. The current HYZD drawdown is -0.15%.

Rank	PIE	HYZD
#1	-72.98% Jan 10, 2008 - Dec 18, 2020	-25.66% Feb 14, 2020 - Feb 26, 2021
#2	-40.31% Jul 15, 2021 - Jan 6, 2026	-15.99% Apr 10, 2014 - Aug 12, 2016
#3	-12.87% Feb 17, 2021 - Jun 1, 2021	-8.97% Apr 4, 2022 - Jan 12, 2023
#4	-9.87% Feb 27, 2026 - Apr 10, 2026	-7.18% Oct 3, 2018 - Apr 3, 2019
#5	-7.85% May 26, 2026 - Jun 5, 2026	-5.85% Jan 30, 2025 - May 13, 2025
#6	-6.90% May 11, 2026 - May 26, 2026	-5.00% Mar 6, 2023 - Jun 14, 2023
#7	-5.39% Jan 25, 2021 - Feb 2, 2021	-4.81% Jan 3, 2022 - Apr 4, 2022
#8	-4.89% Jan 28, 2026 - Feb 11, 2026	-3.45% Oct 25, 2016 - Dec 6, 2016
#9	-2.18% Apr 22, 2026 - Apr 24, 2026	-2.67% Jul 22, 2024 - Aug 20, 2024
#10	-1.92% Jun 1, 2021 - Jun 21, 2021	-2.39% Feb 2, 2023 - Mar 6, 2023
#11	-1.86% Jan 14, 2021 - Jan 19, 2021	-2.38% Jan 9, 2017 - Apr 25, 2017
#12	-1.85% Jul 7, 2021 - Jul 15, 2021	-2.22% May 3, 2019 - Sep 18, 2019
#13	-1.46% Dec 31, 2007 - Jan 7, 2008	-2.14% Jan 26, 2018 - Apr 12, 2018
#14	-1.37% May 6, 2026 - May 11, 2026	-2.13% Nov 11, 2021 - Dec 23, 2021
#15	-1.33% Jan 8, 2021 - Jan 14, 2021	-1.99% Sep 14, 2023 - Nov 3, 2023

Correlation

Correlation between PIE and HYZD is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2008 - 2026)

PIE vs HYZD dividend yield comparison.

Year	PIE	HYZD
2026	0.08%	2.39%
2025	2.28%	6.05%
2024	2.33%	6.08%
2023	2.59%	5.94%
2022	3.45%	5.14%
2021	1.28%	4.02%
2020	1.32%	5.13%
2019	2.29%	5.50%
2018	3.32%	5.58%
2017	1.63%	4.94%
2016	1.48%	5.07%
2015	0.80%	4.38%
2014	0.53%	3.82%
2013	1.23%	0.10%
2012	0.68%	0.00%
2011	0.80%	0.00%
2010	0.34%	0.00%
2009	0.71%	0.00%
2008	0.67%	0.00%