VGHY vs PBE

Comparison between VANGUARD HIGH-YIELD ACTIVE ETF ETF SHARES (VGHY, ETF) and INVESCO BIOTECHNOLOGY & GENOME ETF (PBE, ETF).

VGHY vs PBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGHY(ETF)	PBE(ETF)
Net Assets	$248M	$247M
Expense Ratio	0.22%	0.58%
Max Drawdown	3.08%	45.69%
Sharpe Ratio	0.08	1.34
5Y Beta	0.20	0.76
P/E Ratio	N/A	34.32
Forward P/E	N/A	18.77
5Y Dividends CAGR	N/A	98.81%
5Y EPS CAGR	N/A	13.01%
Debt to Equity	N/A	55.71%
P/S Ratio	N/A	4.97
P/B Ratio	N/A	4.45

Net Assets

Winner

VGHY

$248M

PBE

$247M

Expense Ratio

Winner

VGHY

0.22%

PBE

0.58%

Max Drawdown

Winner

VGHY

3.08%

PBE

45.69%

Sharpe Ratio

VGHY

0.08

Winner

PBE

1.34

5Y Beta

Winner

VGHY

0.20

PBE

0.76

P/E Ratio

VGHY

N/A

PBE

34.32

Forward P/E

VGHY

N/A

PBE

18.77

5Y Dividends CAGR

VGHY

N/A

PBE

98.81%

5Y EPS CAGR

VGHY

N/A

PBE

13.01%

Debt to Equity

VGHY

N/A

PBE

55.71%

P/S Ratio

VGHY

N/A

PBE

4.97

P/B Ratio

VGHY

N/A

PBE

4.45

VGHY vs PBE - Historical Returns

Returns include dividend reinvestment.

Period	VGHY	PBE
1 month	-0.11%	+3.45%
3 months	+0.48%	+6.06%
6 months	+1.62%	+2.77%
1 year	N/A	+31.27%
5 years(CAGR)	N/A	+3.29%
10 years(CAGR)	N/A	+7.50%
Max(CAGR)	+3.96%	+8.87%

VGHY

-0.11%

Winner

PBE

+3.45%

VGHY

+0.48%

Winner

PBE

+6.06%

VGHY

+1.62%

Winner

PBE

+2.77%

VGHY

N/A

PBE

+31.27%

5Y(CAGR)

VGHY

N/A

PBE

+3.29%

10Y(CAGR)

VGHY

N/A

PBE

+7.50%

Max(CAGR)

VGHY

+3.96%

Winner

PBE

+8.87%

VGHY vs PBE - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	VGHY	PBE
2026	+1.03%	+1.48%
2025	+1.80%	+23.76%
2024	N/A	-0.05%
2023	N/A	+4.60%
2022	N/A	-11.11%
2021	N/A	+1.21%
2020	N/A	+25.68%
2019	N/A	+18.35%
2018	N/A	-2.62%
2017	N/A	+20.54%
2016	N/A	-20.66%
2015	N/A	+1.36%
2014	N/A	+36.45%
2013	N/A	+57.53%
2012	N/A	+13.17%
2011	N/A	-7.24%
2010	N/A	+29.99%
2009	N/A	+19.16%
2008	N/A	-25.84%
2007	N/A	+6.24%
2006	N/A	+0.45%
2005	N/A	+17.45%

VGHY vs PBE Drawdown Comparison

The maximum drawdown for VGHY was -2.66%, occurring on Mar 27, 2026. Recovery took 33 trading sessions.

The maximum drawdown for PBE was -45.69%, occurring on Mar 9, 2009. Recovery took 644 trading sessions.

The current VGHY drawdown is -0.68%. The current PBE drawdown is -2.53%.

Rank	VGHY	PBE
#1	-2.66% Feb 20, 2026 - Apr 9, 2026	-45.69% Oct 15, 2007 - May 6, 2010
#2	-1.36% Apr 17, 2026 - May 19, 2026	-44.56% Jul 17, 2015 - Jul 20, 2020
#3	-1.25% Dec 10, 2025 - Dec 18, 2025	-37.84% Feb 8, 2021 - Nov 26, 2025
#4	-1.06% Oct 2, 2025 - Oct 24, 2025	-35.71% May 6, 2010 - Apr 2, 2013
#5	-1.01% Oct 27, 2025 - Nov 25, 2025	-21.12% Feb 27, 2006 - Apr 23, 2007
#6	-0.51% Feb 9, 2026 - Feb 18, 2026	-18.86% Feb 24, 2014 - Aug 25, 2014
#7	-0.46% Dec 4, 2025 - Dec 10, 2025	-14.38% Jul 20, 2020 - Nov 27, 2020
#8	-0.46% Sep 18, 2025 - Oct 2, 2025	-11.73% Jan 7, 2026 - Mar 27, 2026
#9	-0.34% Jan 12, 2026 - Jan 22, 2026	-10.65% Mar 19, 2015 - Jun 18, 2015
#10	-0.32% Jan 22, 2026 - Feb 6, 2026	-10.08% Sep 12, 2005 - Nov 17, 2005
#11	-0.32% Apr 9, 2026 - Apr 14, 2026	-9.07% Apr 25, 2007 - Sep 26, 2007
#12	-0.23% Dec 22, 2025 - Dec 24, 2025	-8.60% Aug 29, 2014 - Oct 23, 2014
#13	-0.20% Jan 5, 2026 - Jan 9, 2026	-7.84% May 28, 2013 - Jul 5, 2013
#14	-0.13% Feb 18, 2026 - Feb 20, 2026	-7.21% Nov 29, 2013 - Jan 7, 2014
#15	-0.09% Nov 28, 2025 - Dec 2, 2025	-6.59% Oct 2, 2013 - Oct 24, 2013

Correlation

Correlation between VGHY and PBE is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2009 - 2026)

VGHY vs PBE dividend yield comparison.

Year	VGHY	PBE
2026	2.49%	0.10%
2025	1.49%	1.00%
2024	0.00%	0.05%
2023	0.00%	0.02%
2020	0.00%	0.04%
2018	0.00%	0.00%
2017	0.00%	0.57%
2016	0.00%	0.38%
2015	0.00%	1.12%
2014	0.00%	0.55%
2009	0.00%	0.45%