QHY vs PIE

Comparison between WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND (QHY, ETF) and INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF).

5-Year PerformancePIE has outperformed QHY, delivering a return of +7.0% compared to +3.2%

QHY vs PIE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QHY(ETF)	PIE(ETF)
Net Assets	$239M	$238M
Expense Ratio	0.38%	0.90%
Max Drawdown	23.08%	73.06%
Sharpe Ratio	0.86	2.10
5Y Beta	0.23	0.85
5Y Dividends CAGR	3.75%	12.90%

Net Assets

Winner

QHY

$239M

PIE

$238M

Expense Ratio

Winner

QHY

0.38%

PIE

0.90%

Max Drawdown

Winner

QHY

23.08%

PIE

73.06%

Sharpe Ratio

QHY

0.86

Winner

PIE

2.10

5Y Beta

Winner

QHY

0.23

PIE

0.85

5Y Dividends CAGR

QHY

3.75%

Winner

PIE

12.90%

QHY vs PIE - Historical Returns

Returns include dividend reinvestment.

Period	QHY	PIE
1 month	+0.82%	+4.66%
3 months	+2.39%	+25.82%
6 months	+2.27%	+34.87%
1 year	+6.99%	+61.25%
5 years(CAGR)	+3.17%	+7.00%
10 years(CAGR)	+4.86%	+10.31%
Max(CAGR)	+5.01%	+2.92%

QHY

+0.82%

Winner

PIE

+4.66%

QHY

+2.39%

Winner

PIE

+25.82%

QHY

+2.27%

Winner

PIE

+34.87%

QHY

+6.99%

Winner

PIE

+61.25%

5Y(CAGR)

QHY

+3.17%

Winner

PIE

+7.00%

10Y(CAGR)

QHY

+4.86%

Winner

PIE

+10.31%

Max(CAGR)

Winner

QHY

+5.01%

PIE

+2.92%

QHY vs PIE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	QHY	PIE
2026	+1.68%	+35.96%
2025	+9.33%	+25.76%
2024	+6.33%	+1.38%
2023	+9.92%	+12.56%
2022	-11.75%	-28.77%
2021	+4.36%	+12.85%
2020	+5.69%	+18.03%
2019	+15.70%	+25.13%
2018	-0.31%	-22.83%
2017	+5.64%	+41.02%
2016	+6.19%	+2.26%
2015	N/A	-13.21%
2014	N/A	-0.27%
2013	N/A	-2.46%
2012	N/A	+14.98%
2011	N/A	-13.39%
2010	N/A	+21.08%
2009	N/A	+53.15%
2008	N/A	-62.20%
2007	N/A	+0.56%

QHY vs PIE Drawdown Comparison

The maximum drawdown for QHY was -22.74%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

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

The current PIE drawdown is -1.96%.

Rank	QHY	PIE
#1	-22.74% Feb 12, 2020 - Aug 6, 2020	-72.98% Jan 10, 2008 - Dec 18, 2020
#2	-16.21% Dec 27, 2021 - Jul 16, 2024	-40.31% Jul 15, 2021 - Jan 6, 2026
#3	-6.33% Oct 1, 2018 - Jan 31, 2019	-12.87% Feb 17, 2021 - Jun 1, 2021
#4	-4.58% Feb 28, 2025 - May 12, 2025	-9.87% Feb 27, 2026 - Apr 10, 2026
#5	-3.56% Sep 27, 2017 - Aug 7, 2018	-7.85% May 26, 2026 - Jun 5, 2026
#6	-3.53% Oct 12, 2016 - Dec 14, 2016	-6.90% May 11, 2026 - May 26, 2026
#7	-3.16% Sep 2, 2020 - Nov 5, 2020	-5.39% Jan 25, 2021 - Feb 2, 2021
#8	-2.76% Feb 20, 2026 - Apr 14, 2026	-4.89% Jan 28, 2026 - Feb 11, 2026
#9	-2.65% Sep 15, 2021 - Dec 27, 2021	-2.18% Apr 22, 2026 - Apr 24, 2026
#10	-2.22% May 6, 2019 - Jun 18, 2019	-1.92% Jun 1, 2021 - Jun 21, 2021
#11	-1.93% Dec 6, 2024 - Jan 24, 2025	-1.86% Jan 14, 2021 - Jan 19, 2021
#12	-1.87% Feb 12, 2021 - Apr 15, 2021	-1.85% Jul 7, 2021 - Jul 15, 2021
#13	-1.82% Jul 3, 2019 - Aug 26, 2019	-1.46% Dec 31, 2007 - Jan 7, 2008
#14	-1.68% Jun 9, 2016 - Jul 8, 2016	-1.37% May 6, 2026 - May 11, 2026
#15	-1.66% Aug 7, 2020 - Aug 25, 2020	-1.33% Jan 8, 2021 - Jan 14, 2021

Correlation

Correlation between QHY and PIE is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2008 - 2026)

QHY vs PIE dividend yield comparison.

Year	QHY	PIE
2026	2.56%	0.08%
2025	6.26%	2.28%
2024	6.40%	2.33%
2023	6.11%	2.59%
2022	5.44%	3.45%
2021	4.09%	1.28%
2020	4.80%	1.32%
2019	5.21%	2.29%
2018	5.93%	3.32%
2017	6.47%	1.63%
2016	4.39%	1.48%
2015	0.00%	0.80%
2014	0.00%	0.53%
2013	0.00%	1.23%
2012	0.00%	0.68%
2011	0.00%	0.80%
2010	0.00%	0.34%
2009	0.00%	0.71%
2008	0.00%	0.67%