PTF vs GSPY

Comparison between INVESCO DORSEY WRIGHT TECHNOLOGY MOMENTUM ETF (PTF, ETF) and GOTHAM ENHANCED 500 ETF (GSPY, ETF).

5-Year PerformancePTF has outperformed GSPY, delivering a return of +23.3% compared to +13.7%

PTF vs GSPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PTF(ETF)	GSPY(ETF)
Net Assets	$729M	$726M
Expense Ratio	0.60%	0.50%
Max Drawdown	55.38%	23.30%
Sharpe Ratio	1.78	1.60
5Y Beta	1.77	0.96
P/E Ratio	80.59	26.12
Forward P/E	28.03	20.01
PEG Ratio	0.39	N/A
5Y EPS CAGR	20.99%	27.13%
Debt to Equity	43.36%	47.01%
P/S Ratio	7.82	3.24
P/B Ratio	7.99	5.24

Net Assets

Winner

PTF

$729M

GSPY

$726M

Expense Ratio

PTF

0.60%

Winner

GSPY

0.50%

Max Drawdown

PTF

55.38%

Winner

GSPY

23.30%

Sharpe Ratio

Winner

PTF

1.78

GSPY

1.60

5Y Beta

PTF

1.77

Winner

GSPY

0.96

P/E Ratio

PTF

80.59

Winner

GSPY

26.12

Forward P/E

PTF

28.03

Winner

GSPY

20.01

PEG Ratio

PTF

0.39

GSPY

N/A

5Y EPS CAGR

PTF

20.99%

Winner

GSPY

27.13%

Debt to Equity

Winner

PTF

43.36%

GSPY

47.01%

P/S Ratio

PTF

7.82

Winner

GSPY

3.24

P/B Ratio

PTF

7.99

Winner

GSPY

5.24

PTF vs GSPY - Holdings Comparison

PTF and GSPY have 13 common holdings. Overlap is 14.39%

PTF's top 25 holdings weight is 81.31%. GSPY's top 25 holdings weight is 52.18%.

Rank	PTF	GSPY
#1	SANDISK CORP ORDINARY SHARES (SNDK) - 7.33%	NVIDIA CORP (NVDA) - 7.62%
#2	MICRON TECHNOLOGY INC (MU) - 4.98%	APPLE INC (AAPL) - 7.45%
#3	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 4.67%	MICROSOFT CORP (MSFT) - 5.69%
#4	WESTERN DIGITAL CORP (WDC) - 4.66%	ALPHABET INC CLASS A (GOOGL) - 4.56%
#5	NVIDIA CORP (NVDA) - 4.44%	AMAZON.COM INC (AMZN) - 4.35%
#6	APPLE INC (AAPL) - 4.34%	META PLATFORMS INC CLASS A (META) - 2.63%
#7	LUMENTUM HOLDINGS INC (LITE) - 4.24%	BROADCOM INC (AVGO) - 2.26%
#8	CIENA CORP (CIEN) - 4.17%	MICRON TECHNOLOGY INC (MU) - 2.20%
#9	NAVITAS SEMICONDUCTOR CORP CLASS A (NVTS) - 3.95%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.46%
#10	AEHR TEST SYSTEMS (AEHR) - 3.78%	TESLA INC (TSLA) - 1.33%
#11	ONDAS INC (ONDS) - 3.65%	CATERPILLAR INC (CAT) - 1.27%
#12	DIGITALOCEAN HOLDINGS INC (DOCN) - 3.53%	ADVANCED MICRO DEVICES INC (AMD) - 1.23%
#13	LAM RESEARCH CORP (LRCX) - 2.56%	JPMORGAN CHASE & CO (JPM) - 1.15%
#14	VIASAT INC (VSAT) - 2.44%	n/a (DELL) - 1.13%
#15	LATTICE SEMICONDUCTOR CORP (LSCC) - 2.32%	VISA INC CLASS A (V) - 1.13%
#16	TERADYNE INC (TER) - 2.27%	CISCO SYSTEMS INC (CSCO) - 1.12%
#17	ICHOR HOLDINGS LTD (ICHR) - 2.14%	MERCK & CO INC (MRK) - 1.02%
#18	MONOLITHIC POWER SYSTEMS INC (MPWR) - 2.12%	LAM RESEARCH CORP (LRCX) - 1.01%
#19	APPLIED MATERIALS INC (AMAT) - 2.11%	COCA-COLA CO (KO) - 1.00%
#20	CLOUDFLARE INC (NET) - 2.10%	JOHNSON & JOHNSON (JNJ) - 0.98%
#21	AST SPACEMOBILE INC ORDINARY SHARES CLASS A (ASTS) - 2.01%	LOCKHEED MARTIN CORP (LMT) - 0.32%
#22	NLIGHT INC (LASR) - 1.98%	INTUIT INC (INTU) - 0.32%
#23	DIODES INC (DIOD) - 1.91%	ANALOG DEVICES INC (ADI) - 0.32%
#24	FORMFACTOR INC (FORM) - 1.85%	COMCAST CORP CLASS A (CMCSA) - 0.32%
#25	ADTRAN HOLDINGS INC (ADTN) - 1.76%	ILLINOIS TOOL WORKS INC (ITW) - 0.31%
Total Holdings	40	460

PTF vs GSPY - Historical Returns

Returns include dividend reinvestment.

Period	PTF	GSPY
1 month	+13.74%	+2.72%
3 months	+51.76%	+12.92%
6 months	+80.73%	+11.88%
1 year	+105.41%	+27.75%
5 years(CAGR)	+23.28%	+13.68%
10 years(CAGR)	+26.99%	N/A
Max(CAGR)	+15.28%	+15.36%

Winner

PTF

+13.74%

GSPY

+2.72%

Winner

PTF

+51.76%

GSPY

+12.92%

Winner

PTF

+80.73%

GSPY

+11.88%

Winner

PTF

+105.41%

GSPY

+27.75%

5Y(CAGR)

Winner

PTF

+23.28%

GSPY

+13.68%

10Y(CAGR)

PTF

+26.99%

GSPY

N/A

Max(CAGR)

PTF

+15.28%

Winner

GSPY

+15.36%

PTF vs GSPY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	PTF	GSPY
2026	+72.13%	+11.18%
2025	+2.12%	+18.41%
2024	+48.11%	+24.23%
2023	+34.54%	+26.37%
2022	-31.99%	-17.40%
2021	+19.87%	+29.20%
2020	+78.73%	+0.58%
2019	+47.91%	N/A
2018	-0.12%	N/A
2017	+32.04%	N/A
2016	+3.61%	N/A
2015	+5.08%	N/A
2014	+10.09%	N/A
2013	+31.92%	N/A
2012	+12.94%	N/A
2011	-10.43%	N/A
2010	+10.47%	N/A
2009	+38.89%	N/A
2008	-39.50%	N/A
2007	+5.42%	N/A
2006	+1.57%	N/A

PTF vs GSPY Drawdown Comparison

The maximum drawdown for PTF was -55.38%, occurring on Nov 20, 2008. Recovery took 1459 trading sessions.

The maximum drawdown for GSPY was -23.30%, occurring on Sep 30, 2022. Recovery took 480 trading sessions.

The current GSPY drawdown is -0.53%.

Rank	PTF	GSPY
#1	-55.38% Jul 19, 2007 - May 6, 2013	-23.30% Jan 4, 2022 - Dec 1, 2023
#2	-44.88% Nov 19, 2021 - Jun 17, 2024	-18.67% Feb 19, 2025 - Jun 26, 2025
#3	-36.11% Dec 6, 2024 - Oct 6, 2025	-8.62% Feb 2, 2026 - Apr 14, 2026
#4	-34.61% Feb 19, 2020 - May 29, 2020	-7.95% Jul 16, 2024 - Aug 30, 2024
#5	-29.56% Sep 4, 2018 - Mar 21, 2019	-5.23% Oct 28, 2025 - Dec 10, 2025
#6	-29.47% Jun 18, 2015 - Mar 1, 2017	-5.08% Sep 2, 2021 - Oct 20, 2021
#7	-29.10% Feb 12, 2021 - Nov 4, 2021	-4.91% Mar 28, 2024 - May 15, 2024
#8	-18.35% Jul 16, 2024 - Oct 9, 2024	-4.27% Feb 12, 2021 - Mar 11, 2021
#9	-17.99% Oct 29, 2025 - Dec 11, 2025	-4.13% Dec 6, 2024 - Jan 22, 2025
#10	-17.33% Mar 4, 2014 - Nov 24, 2014	-4.12% Aug 30, 2024 - Sep 19, 2024
#11	-17.21% Aug 21, 2019 - Jan 13, 2020	-4.04% Jun 1, 2026 - Jun 10, 2026
#12	-14.86% Feb 25, 2026 - Apr 8, 2026	-4.04% May 7, 2021 - Jun 14, 2021
#13	-13.17% Sep 1, 2020 - Oct 7, 2020	-3.78% Nov 16, 2021 - Dec 10, 2021
#14	-12.63% Dec 11, 2025 - Jan 13, 2026	-3.23% Jan 21, 2021 - Feb 4, 2021
#15	-12.06% Jun 3, 2026 - Jun 15, 2026	-3.01% Oct 8, 2025 - Oct 24, 2025

Correlation

Correlation between PTF and GSPY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2010 - 2025)

PTF vs GSPY dividend yield comparison.

Year	PTF	GSPY
2025	0.21%	2.61%
2024	0.00%	0.84%
2023	0.07%	1.06%
2022	0.00%	1.25%
2021	0.00%	0.23%
2018	0.08%	0.00%
2017	0.04%	0.00%
2016	0.26%	0.00%
2014	0.68%	0.00%
2013	0.17%	0.00%
2012	0.76%	0.00%
2010	0.05%	0.00%