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GSY vs GTOQ

Invesco Ultra Short Duration ETF vs Invesco High Yield Systematic Bond ETF

GSY

Invesco Ultra Short Duration ETF

Annual cost

0.22%

Fund size

$3.5B

GTOQ

Invesco High Yield Systematic Bond ETF

Annual cost

0.39%

Fund size

$165M

Key differences

GSY is a fixed income ETF, while GTOQ is an alternative ETF. GSY charges 0.22% a year and GTOQ 0.39%.

  • GSY is a fixed income fund, while GTOQ is an alternative fund. They carry different risk/return profiles.
  • GSY follows a index tracking strategy; GTOQ uses multi strategy.
  • GSY costs 0.17% less per year.
  • GSY is much larger than GTOQ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, GTOQ has delivered higher annualized returns.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GSYGTOQ
Annual cost (TER)0.22%0.39%
Fund size (AUM)$3.5B$165M
Since20082020
Dividend yield4.34%6.80%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+4.5%+6.6%
CAGR 3Y+5.5%+9.2%
CAGR 5Y+3.6%+3.9%
Sharpe 3Y3.341.10
Volatility 1Y0.40%3.63%
Max drawdown-5.25%-15.96%

Similar to GSY and GTOQ