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PEY vs GTOQ

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

PEY

Invesco High Yield Equity Dividend Achievers ETF

Annual cost

0.54%

Fund size

$1.1B

GTOQ

Invesco High Yield Systematic Bond ETF

Annual cost

0.39%

Fund size

$165M

Key differences

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

  • PEY is an equity fund, while GTOQ is a fixed income fund. They carry different risk/return profiles.
  • PEY follows a index tracking strategy; GTOQ uses multi strategy.
  • 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

PEYGTOQ
Annual cost (TER)0.54%0.39%
Fund size (AUM)$1.1B$165M
Since20042020
Dividend yield4.46%6.80%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+18.6%+6.8%
CAGR 3Y+12.5%+8.8%
CAGR 5Y+6.2%+3.9%
Sharpe 3Y0.581.04
Volatility 1Y14.08%3.63%
Max drawdown-41.55%-15.96%

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

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