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CVY vs PICB

Invesco Zacks Multi-Asset Income ETF vs Invesco International Corporate Bond ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

Key differences

  • PICB costs 0.71% less per year.
  • PICB is significantly larger than CVY — larger funds tend to be more liquid and less likely to close.
  • CVY is classified as mixed asset, while PICB is fixed income — different risk/return profiles.
  • CVY follows a active selection strategy; PICB uses index tracking.
  • Over the last 3 years, CVY has delivered higher annualized returns.

Side-by-side comparison

CVYPICB
Annual cost (TER)1.21%0.50%
Fund size (AUM)$119M$360M
Since20062010
Dividend yield3.74%3.29%
Asset classmixed assetfixed income
Regionglobal
Strategyactive selectionindex tracking
CAGR 1Y+20.4%+4.5%
CAGR 3Y+16.2%+5.9%
CAGR 5Y+7.2%-2.1%
Sharpe 3Y0.880.30
Volatility 1Y11.04%7.88%
Max drawdown-50.47%-37.15%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CVY and PICB