TBLL vs PRFZ

Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and INVESCO RAFI US 1500 SMALL-MID ETF (PRFZ, ETF).

5-Year PerformancePRFZ has outperformed TBLL, delivering a return of +8.6% compared to +3.3%

TBLL vs PRFZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBLL(ETF)	PRFZ(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.08%	0.34%
Max Drawdown	1.30%	63.04%
Sharpe Ratio	1.51	1.52
5Y Beta	-0.00	1.04
P/E Ratio	N/A	-29.44
Forward P/E	N/A	14.42
5Y Dividends CAGR	59.75%	6.33%
5Y EPS CAGR	N/A	11.22%
P/S Ratio	N/A	1.13
P/B Ratio	N/A	2.06

Net Assets

TBLL

$2.90B

PRFZ

$2.90B

Expense Ratio

Winner

TBLL

0.08%

PRFZ

0.34%

Max Drawdown

Winner

TBLL

1.30%

PRFZ

63.04%

Sharpe Ratio

TBLL

1.51

Winner

PRFZ

1.52

5Y Beta

Winner

TBLL

-0.00

PRFZ

1.04

P/E Ratio

TBLL

N/A

PRFZ

-29.44

Forward P/E

TBLL

N/A

PRFZ

14.42

5Y Dividends CAGR

Winner

TBLL

59.75%

PRFZ

6.33%

5Y EPS CAGR

TBLL

N/A

PRFZ

11.22%

P/S Ratio

TBLL

N/A

PRFZ

1.13

P/B Ratio

TBLL

N/A

PRFZ

2.06

TBLL vs PRFZ - Historical Returns

Returns include dividend reinvestment.

Period	TBLL	PRFZ
1 month	+0.30%	+6.80%
3 months	+0.84%	+4.69%
6 months	+1.78%	+12.89%
1 year	+3.97%	+30.28%
5 years(CAGR)	+3.31%	+8.55%
10 years(CAGR)	+2.37%	+11.73%
Max(CAGR)	+2.37%	+9.87%

TBLL

+0.30%

Winner

PRFZ

+6.80%

TBLL

+0.84%

Winner

PRFZ

+4.69%

TBLL

+1.78%

Winner

PRFZ

+12.89%

TBLL

+3.97%

Winner

PRFZ

+30.28%

5Y(CAGR)

TBLL

+3.31%

Winner

PRFZ

+8.55%

10Y(CAGR)

TBLL

+2.37%

Winner

PRFZ

+11.73%

Max(CAGR)

TBLL

+2.37%

Winner

PRFZ

+9.87%

TBLL vs PRFZ - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	TBLL	PRFZ
2026	+1.18%	+10.81%
2025	+4.21%	+11.06%
2024	+5.11%	+13.71%
2023	+4.98%	+20.63%
2022	+1.12%	-16.92%
2021	-0.02%	+29.77%
2020	+0.87%	+11.69%
2019	+2.16%	+21.04%
2018	+1.83%	-12.17%
2017	+0.62%	+12.95%
2016	N/A	+27.40%
2015	N/A	-5.03%
2014	N/A	+5.29%
2013	N/A	+37.93%
2012	N/A	+16.23%
2011	N/A	-7.67%
2010	N/A	+26.22%
2009	N/A	+55.38%
2008	N/A	-38.15%
2007	N/A	-0.59%
2006	N/A	+8.00%

TBLL vs PRFZ Drawdown Comparison

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

The maximum drawdown for PRFZ was -62.42%, occurring on Mar 9, 2009. Recovery took 693 trading sessions.

The current PRFZ drawdown is -1.10%.

Rank	TBLL	PRFZ
#1	-0.63% May 11, 2020 - Nov 9, 2022	-62.42% Jul 13, 2007 - Apr 14, 2010
#2	-0.52% Mar 18, 2020 - May 11, 2020	-44.27% Aug 31, 2018 - Nov 24, 2020
#3	-0.36% Sep 28, 2023 - Oct 20, 2023	-29.36% Apr 29, 2011 - Sep 14, 2012
#4	-0.18% Dec 19, 2023 - Dec 21, 2023	-26.58% Nov 8, 2021 - Mar 27, 2024
#5	-0.17% Apr 1, 2019 - Apr 4, 2019	-26.54% Nov 25, 2024 - Sep 5, 2025
#6	-0.16% Sep 24, 2018 - Oct 22, 2018	-24.05% Jun 23, 2015 - Sep 2, 2016
#7	-0.15% Dec 19, 2019 - Jan 23, 2020	-22.45% Apr 23, 2010 - Dec 3, 2010
#8	-0.14% Mar 13, 2020 - Mar 18, 2020	-12.72% Jul 3, 2014 - Dec 29, 2014
#9	-0.11% Dec 4, 2018 - Dec 7, 2018	-10.39% Jan 22, 2026 - Apr 17, 2026
#10	-0.10% Nov 10, 2022 - Nov 14, 2022	-9.52% Sep 14, 2012 - Dec 20, 2012
#11	-0.10% Nov 13, 2017 - Nov 28, 2017	-9.44% Jun 8, 2021 - Oct 22, 2021
#12	-0.10% Aug 17, 2018 - Aug 22, 2018	-9.42% Jul 31, 2024 - Sep 19, 2024
#13	-0.09% Nov 6, 2023 - Nov 9, 2023	-9.27% Jan 23, 2018 - May 17, 2018
#14	-0.08% Dec 15, 2023 - Dec 19, 2023	-8.51% Mar 15, 2021 - May 27, 2021
#15	-0.08% Jul 11, 2024 - Jul 15, 2024	-8.15% Oct 27, 2025 - Dec 4, 2025

Correlation

Correlation between TBLL and PRFZ is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2006 - 2026)

TBLL vs PRFZ dividend yield comparison.

Year	TBLL	PRFZ
2026	1.15%	0.20%
2025	4.08%	0.82%
2024	4.99%	1.45%
2023	4.63%	1.42%
2022	1.37%	1.33%
2021	0.03%	0.93%
2020	0.80%	0.91%
2019	2.08%	1.29%
2018	1.69%	1.37%
2017	0.71%	0.97%
2016	0.00%	1.31%
2015	0.00%	1.39%
2014	0.00%	1.14%
2013	0.00%	0.93%
2012	0.00%	1.73%
2011	0.00%	0.98%
2010	0.00%	0.70%
2009	0.00%	0.71%
2008	0.00%	1.51%
2007	0.00%	0.77%
2006	0.00%	0.26%