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GTOQ vs PEY

Invesco High Yield Systematic Bond ETF vs Invesco High Yield Equity Dividend Achievers ETF

GTOQ

Invesco High Yield Systematic Bond ETF

Annual cost

0.39%

Fund size

$165M

PEY

Invesco High Yield Equity Dividend Achievers ETF

Annual cost

0.54%

Fund size

$1.1B

Key differences

GTOQ is a fixed income ETF, while PEY is an equity ETF. GTOQ charges 0.39% a year and PEY 0.54%.

  • GTOQ is a fixed income fund, while PEY is an equity fund. They carry different risk/return profiles.
  • GTOQ follows a multi strategy strategy; PEY uses index tracking.
  • GTOQ costs 0.15% less per year.
  • PEY is much larger than GTOQ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PEY has delivered higher annualized returns.
  • PEY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOQPEY
Annual cost (TER)0.39%0.54%
Fund size (AUM)$165M$1.1B
Since20202004
Dividend yield6.80%4.46%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+6.8%+18.6%
CAGR 3Y+8.8%+12.5%
CAGR 5Y+3.9%+6.2%
Sharpe 3Y1.040.58
Volatility 1Y3.63%14.08%
Max drawdown-15.96%-41.55%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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