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PICB vs GTOQ

Invesco International Corporate Bond ETF vs Invesco High Yield Systematic Bond ETF

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

GTOQ

Invesco High Yield Systematic Bond ETF

Invesco

Annual cost

0.39%

Fund size

$162M

Key differences

  • GTOQ costs 0.11% less per year.
  • PICB is classified as fixed income, while GTOQ is alternative — different risk/return profiles.
  • PICB follows a index tracking strategy; GTOQ uses multi strategy.
  • Over the last 3 years, GTOQ has delivered higher annualized returns.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PICBGTOQ
Annual cost (TER)0.50%0.39%
Fund size (AUM)$360M$162M
Since20102020
Dividend yield3.29%6.92%
Asset classfixed incomealternative
Regionnorth america
Strategyindex trackingmulti strategy
CAGR 1Y+4.5%+8.0%
CAGR 3Y+5.9%+9.3%
CAGR 5Y-2.1%+4.0%
Sharpe 3Y0.301.13
Volatility 1Y7.88%3.76%
Max drawdown-37.15%-15.96%

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

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