PIO vs GOVZ
Comparison between INVESCO GLOBAL WATER ETF (PIO, ETF) and ISHARES 25+ YEAR TREASURY STRIPS BOND ETF (GOVZ, ETF).
5-Year PerformancePIO has outperformed GOVZ, delivering a return of +2.3% compared to -13.7%
PIO vs GOVZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
PIO vs GOVZ - Historical Returns
Returns include dividend reinvestment.
PIO vs GOVZ - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PIO | GOVZ |
|---|---|---|
| 2026 | -0.83% | -4.11% |
| 2025 | +14.88% | -2.00% |
| 2024 | +0.77% | -15.35% |
| 2023 | +21.34% | -1.66% |
| 2022 | -23.40% | -38.84% |
| 2021 | +26.12% | -4.48% |
| 2020 | +13.96% | -5.61% |
| 2019 | +35.07% | N/A |
| 2018 | -9.66% | N/A |
| 2017 | +26.39% | N/A |
| 2016 | +1.84% | N/A |
| 2015 | -7.16% | N/A |
| 2014 | +2.10% | N/A |
| 2013 | +28.16% | N/A |
| 2012 | +14.11% | N/A |
| 2011 | -21.57% | N/A |
| 2010 | +9.36% | N/A |
| 2009 | +36.58% | N/A |
| 2008 | -44.55% | N/A |
| 2007 | +0.08% | N/A |
PIO vs GOVZ Drawdown Comparison
The maximum drawdown for PIO was -64.88%, occurring on Mar 9, 2009. Recovery took 1661 trading sessions.
The maximum drawdown for GOVZ was -59.65%, occurring on Oct 19, 2023. This drawdown has not yet recovered.
The current PIO drawdown is -9.28%. The current GOVZ drawdown is -57.97%.
| Rank | PIO | GOVZ |
|---|---|---|
| #1 | -64.88% Oct 31, 2007 - Jun 9, 2014 | -59.65% Sep 24, 2020 - Oct 19, 2023 |
| #2 | -35.76% Feb 19, 2020 - Sep 2, 2020 | N/A |
| #3 | -34.27% Dec 29, 2021 - Mar 28, 2024 | N/A |
| #4 | -26.33% May 21, 2015 - Sep 8, 2017 | N/A |
| #5 | -17.09% May 15, 2024 - May 15, 2025 | N/A |
| #6 | -16.95% Jan 22, 2018 - Mar 13, 2019 | N/A |
| #7 | -16.14% Jul 13, 2007 - Oct 29, 2007 | N/A |
| #8 | -13.88% Jun 20, 2014 - May 14, 2015 | N/A |
| #9 | -13.15% Feb 26, 2026 - Mar 27, 2026 | N/A |
| #10 | -9.89% Sep 2, 2021 - Dec 29, 2021 | N/A |
| #11 | -7.14% Mar 28, 2024 - May 15, 2024 | N/A |
| #12 | -6.54% Jan 8, 2021 - Apr 1, 2021 | N/A |
| #13 | -6.20% Oct 24, 2025 - Jan 15, 2026 | N/A |
| #14 | -5.98% May 3, 2019 - Jun 20, 2019 | N/A |
| #15 | -5.80% Oct 12, 2020 - Nov 5, 2020 | N/A |
Correlation
Correlation between PIO and GOVZ is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
Dividend Comparison (2008 - 2026)
PIO vs GOVZ dividend yield comparison.
| Year | PIO | GOVZ |
|---|---|---|
| 2026 | 0.80% | 2.71% |
| 2025 | 1.04% | 5.00% |
| 2024 | 0.78% | 4.68% |
| 2023 | 0.84% | 3.83% |
| 2022 | 1.02% | 3.69% |
| 2021 | 1.19% | 1.76% |
| 2020 | 0.88% | 0.39% |
| 2019 | 1.20% | 0.00% |
| 2018 | 2.00% | 0.00% |
| 2017 | 1.00% | 0.00% |
| 2016 | 1.45% | 0.00% |
| 2015 | 1.63% | 0.00% |
| 2014 | 1.42% | 0.00% |
| 2013 | 1.50% | 0.00% |
| 2012 | 1.82% | 0.00% |
| 2011 | 1.63% | 0.00% |
| 2010 | 0.87% | 0.00% |
| 2009 | 1.27% | 0.00% |
| 2008 | 1.38% | 0.00% |
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