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CVY vs PVI

Invesco Zacks Multi-Asset Income ETF vs Invesco Floating Rate Municipal Income ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

Key differences

  • PVI costs 0.96% less per year.
  • CVY is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • CVY is classified as mixed asset, while PVI is fixed income — different risk/return profiles.
  • CVY covers global markets; PVI covers north america.
  • CVY follows a active selection strategy; PVI uses index tracking.
  • Over the last 3 years, CVY has delivered higher annualized returns.

Side-by-side comparison

CVYPVI
Annual cost (TER)1.21%0.25%
Fund size (AUM)$119M$31M
Since20062007
Dividend yield3.74%2.16%
Asset classmixed assetfixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+20.4%+2.3%
CAGR 3Y+16.2%+2.7%
CAGR 5Y+7.2%+1.9%
Sharpe 3Y0.88-0.34
Volatility 1Y11.04%2.61%
Max drawdown-50.47%-1.16%

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

Similar to CVY and PVI