Invesco Emerging Markets Sov Debt (PCY): Historical Returns

Data Source: from January 2008 to January 2024 (~16 years)
Consolidated Returns as of 31 January 2024
Category: Fixed Income
Invesco Emerging Markets Sov Debt (PCY) ETF
ETF • LIVE PERFORMANCE (USD currency)
2.08%
January 2024

In the last 10 Years, the Invesco Emerging Markets Sov Debt (PCY) ETF obtained a 2.40% compound annual return, with a 12.70% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: Emerging Markets
  • Country: Broad Emerging Markets
  • Bond - Duration: All-Term

Investment Returns as of Jan 31, 2024

The Invesco Emerging Markets Sov Debt (PCY) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Consolidated returns as of 31 January 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jan 31, 2024
  1 Day Time ET(*) Feb 2024 1M 6M 1Y 5Y 10Y MAX
(~16Y)
Invesco Emerging Markets Sov Debt (PCY) ETF n.a. n.a. -2.08 4.62 9.73 -0.80 2.40 3.74
US Inflation Adjusted return -2.38 2.91 6.42 -4.76 -0.38 1.31
Returns over 1 year are annualized | Available data source: since Jan 2008
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Current inflation (annualized) is 1Y: 3.11% , 5Y: 4.16% , 10Y: 2.79%

In 2023, the Invesco Emerging Markets Sov Debt (PCY) ETF granted a 7.40% dividend yield. If you are interested in getting periodic income, please refer to the Invesco Emerging Markets Sov Debt (PCY) ETF: Dividend Yield page.

Capital Growth as of Jan 31, 2024

An investment of 1$, since February 2014, now would be worth 1.27$, with a total return of 26.71% (2.40% annualized).

The Inflation Adjusted Capital now would be 0.96$, with a net total return of -3.73% (-0.38% annualized).
An investment of 1$, since January 2008, now would be worth 1.80$, with a total return of 80.45% (3.74% annualized).

The Inflation Adjusted Capital now would be 1.23$, with a net total return of 23.21% (1.31% annualized).

Investment Metrics as of Jan 31, 2024

Metrics of Invesco Emerging Markets Sov Debt (PCY) ETF, updated as of 31 January 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Advanced Metrics
Data Source: 1 January 2008 - 31 January 2024 (~16 years)
Swipe left to see all data
Metrics as of Jan 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~16Y)
Investment Return (%) -2.08 14.64 4.62 9.73 -5.37 -0.80 2.40 3.74
Infl. Adjusted Return (%) details -2.38 13.85 2.91 6.42 -10.44 -4.76 -0.38 1.31
US Inflation (%) 0.31 0.70 1.66 3.11 5.66 4.16 2.79 2.40
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Deepest Drawdown Depth (%) -8.74 -35.22 -35.69 -35.69 -35.69
Start to Recovery (# months) details 5 29* 37* 37* 37*
Start (yyyy mm) 2023 08 2021 09 2021 01 2021 01 2021 01
Start to Bottom (# months) 3 13 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 2 16 16 16 16
End (yyyy mm) 2023 12 - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 09 2021 01 2021 01 2021 01
Start to Bottom (# months) 3 13 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 2 16 16 16 16
End (yyyy mm) 2023 12 - - - -
Longest negative period (# months) details 9 36* 60* 113 131
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 06 2012 12
Period End (yyyy mm) 2023 10 2024 01 2024 01 2023 10 2023 10
Annualized Return (%) -5.68 -5.37 -0.80 -0.07 -0.09
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -9.60 -42.45 -43.49 -43.49 -43.49
Start to Recovery (# months) details 5 36* 48* 48* 48*
Start (yyyy mm) 2023 08 2021 02 2020 02 2020 02 2020 02
Start to Bottom (# months) 3 21 33 33 33
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 15 15 15 15
End (yyyy mm) 2023 12 - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 02 2020 02 2020 02 2020 02
Start to Bottom (# months) 3 21 33 33 33
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 15 15 15 15
End (yyyy mm) 2023 12 - - - -
Longest negative period (# months) details 9 36* 60* 120* 178
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 02 2008 01
Period End (yyyy mm) 2023 10 2024 01 2024 01 2024 01 2022 10
Annualized Return (%) -8.60 -10.44 -4.76 -0.38 -0.09
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y MAX
Standard Deviation (%) 14.16 17.00 16.49 12.70 14.38
Sharpe Ratio 0.33 -0.45 -0.16 0.10 -0.02
Sortino Ratio 0.53 -0.66 -0.21 0.13 -0.02
Ulcer Index 3.41 19.93 16.39 11.87 10.50
Ratio: Return / Standard Deviation 0.69 -0.32 -0.05 0.19 0.26
Ratio: Return / Deepest Drawdown 1.11 -0.15 -0.02 0.07 0.10
% Positive Months details 50% 50% 56% 55% 59%
Positive Months 6 18 34 66 115
Negative Months 6 18 26 54 78
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Best 10 Years Return (%) - Annualized 2.40 10.46
Worst 10 Years Return (%) - Annualized -1.19
Best 10 Years Return (%) - Annualized -0.38 8.79
Worst 10 Years Return (%) - Annualized -3.65
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Over the latest 10Y
Best Rolling Return (%) - Annualized 18.48 7.62 6.18 2.40
Worst Rolling Return (%) - Annualized -32.79 -12.32 -6.14
% Positive Periods 62% 69% 62% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 76.20 24.51 17.78 11.26
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 15.89 6.38 4.27 -0.38
Worst Rolling Return (%) - Annualized -37.66 -16.51 -9.57
% Positive Periods 55% 64% 54% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 76.20 24.51 17.78 11.26
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 2008 - Jan 2024)
Best Rolling Return (%) - Annualized 69.81 26.42 17.73 10.46
Worst Rolling Return (%) - Annualized -32.79 -12.32 -6.14 -1.19
% Positive Periods 67% 83% 82% 94%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 76.20 24.51 17.78 10.00
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 70.20 24.58 16.00 8.79
Worst Rolling Return (%) - Annualized -37.66 -16.51 -9.57 -3.65
% Positive Periods 63% 79% 79% 70%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 76.20 24.51 17.78 10.00
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Jan 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of Invesco Emerging Markets Sov Debt (PCY) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Monthly correlations as of 31 January 2024
Swipe left to see all data
Correlation vs PCY
Asset Class 1 Year 5 Years 10 Years Since
Jan 2008
VTI
US Total Stock Market
0.94
0.79
0.68
0.56
SPY
US Large Cap
0.92
0.78
0.67
0.56
IJR
US Small Cap
0.87
0.71
0.57
0.47
VNQ
US REITs
0.98
0.80
0.71
0.55
QQQ
US Technology
0.74
0.73
0.62
0.51
PFF
Preferred Stocks
0.74
0.80
0.77
0.40
EFA
EAFE Stocks
0.94
0.85
0.76
0.62
VT
World All Countries
0.96
0.84
0.75
0.62
EEM
Emerging Markets
0.88
0.81
0.74
0.62
VGK
Europe
0.93
0.84
0.76
0.62
VPL
Pacific
0.93
0.82
0.72
0.60
FLLA
Latin America
0.91
0.69
0.63
0.62
BND
US Total Bond Market
0.86
0.74
0.73
0.65
TLT
Long Term Treasuries
0.90
0.43
0.45
0.30
BIL
US Cash
0.31
0.12
0.07
0.04
TIP
TIPS
0.78
0.66
0.66
0.63
LQD
Invest. Grade Bonds
0.90
0.86
0.86
0.69
HYG
High Yield Bonds
0.93
0.85
0.80
0.63
CWB
US Convertible Bonds
0.90
0.75
0.68
0.63
BNDX
International Bonds
0.82
0.73
0.69
0.63
EMB
Emerg. Market Bonds
0.99
0.99
0.98
0.90
GLD
Gold
0.35
0.39
0.37
0.39
DBC
Commodities
0.05
0.34
0.28
0.31

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 February 2014 - 31 January 2024 (10 Years)
Data Source: 1 January 2008 - 31 January 2024 (~16 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-35.69% Jan 2021 Sep 2022 21 in progress 16 37 20.13
-19.13% Feb 2020 Mar 2020 2 Dec 2020 9 11 9.05
-8.22% Jan 2018 Nov 2018 11 Mar 2019 4 15 5.30
-8.00% Oct 2016 Nov 2016 2 Jul 2017 8 10 3.76
-3.07% Sep 2014 Sep 2014 1 Apr 2015 7 8 1.53
-2.54% May 2015 Jun 2015 2 Oct 2015 4 6 1.55
-1.80% Sep 2019 Nov 2019 3 Dec 2019 1 4 1.06
-1.75% Dec 2015 Jan 2016 2 Mar 2016 2 4 1.09
-1.12% Sep 2017 Nov 2017 3 Dec 2017 1 4 0.53
-0.46% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.23
-0.34% May 2016 May 2016 1 Jun 2016 1 2 0.20
-0.06% May 2019 May 2019 1 Jun 2019 1 2 0.04
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 26 4.7 Months 21.49%
 
DD = 0% 21.49%
 
0% < DD <= -5% 50 2.4 Months 41.32%
 
DD <= -5% 62.81%
 
-5% < DD <= -10% 18 6.7 Months 14.88%
 
DD <= -10% 77.69%
 
-10% < DD <= -15% 2 60.5 Months 1.65%
 
DD <= -15% 79.34%
 
-15% < DD <= -20% 5 24.2 Months 4.13%
 
DD <= -20% 83.47%
 
-20% < DD <= -25% 9 13.4 Months 7.44%
 
DD <= -25% 90.91%
 
-25% < DD <= -30% 8 15.1 Months 6.61%
 
DD <= -30% 97.52%
 
-30% < DD <= -35% 1 121.0 Months 0.83%
 
DD <= -35% 98.35%
 
-35% < DD <= -40% 2 60.5 Months 1.65%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-43.49% Feb 2020 Oct 2022 33 in progress 15 48 24.93
-10.84% Sep 2017 Nov 2018 15 Jun 2019 7 22 6.19
-8.32% Oct 2016 Nov 2016 2 Aug 2017 9 11 4.13
-3.13% May 2015 Jun 2015 2 Mar 2016 9 11 1.74
-3.08% Sep 2014 Sep 2014 1 Jan 2015 4 5 1.66
-2.50% Sep 2019 Nov 2019 3 Dec 2019 1 4 1.42
-0.96% Feb 2015 Mar 2015 2 Apr 2015 1 3 0.55
-0.70% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.36
-0.57% May 2016 May 2016 1 Jun 2016 1 2 0.33
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 20 6.1 Months 16.53%
 
DD = 0% 16.53%
 
0% < DD <= -5% 46 2.6 Months 38.02%
 
DD <= -5% 54.55%
 
-5% < DD <= -10% 22 5.5 Months 18.18%
 
DD <= -10% 72.73%
 
-10% < DD <= -15% 6 20.2 Months 4.96%
 
DD <= -15% 77.69%
 
-15% < DD <= -20% 3 40.3 Months 2.48%
 
DD <= -20% 80.17%
 
-20% < DD <= -25% 2 60.5 Months 1.65%
 
DD <= -25% 81.82%
 
-25% < DD <= -30% 2 60.5 Months 1.65%
 
DD <= -30% 83.47%
 
-30% < DD <= -35% 9 13.4 Months 7.44%
 
DD <= -35% 90.91%
 
-35% < DD <= -40% 9 13.4 Months 7.44%
 
DD <= -40% 98.35%
 
-40% < DD <= -45% 2 60.5 Months 1.65%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-35.69% Jan 2021 Sep 2022 21 in progress 16 37 20.13
-35.26% Jun 2008 Oct 2008 5 Jul 2009 9 14 14.20
-19.13% Feb 2020 Mar 2020 2 Dec 2020 9 11 9.05
-13.78% May 2013 Aug 2013 4 Aug 2014 12 16 8.04
-8.22% Jan 2018 Nov 2018 11 Mar 2019 4 15 5.30
-8.00% Oct 2016 Nov 2016 2 Jul 2017 8 10 3.76
-5.75% Nov 2010 Jan 2011 3 Jul 2011 6 9 3.70
-5.60% Sep 2011 Sep 2011 1 Dec 2011 3 4 2.66
-4.24% Jan 2013 Mar 2013 3 Apr 2013 1 4 2.69
-3.07% Sep 2014 Sep 2014 1 Apr 2015 7 8 1.53
-2.54% May 2015 Jun 2015 2 Oct 2015 4 6 1.55
-2.48% Jan 2008 Jan 2008 1 May 2008 4 5 1.32
-2.34% May 2012 May 2012 1 Jun 2012 1 2 1.35
-1.80% Sep 2019 Nov 2019 3 Dec 2019 1 4 1.06
-1.75% Dec 2015 Jan 2016 2 Mar 2016 2 4 1.09
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 49 4.0 Months 25.26%
 
DD = 0% 25.26%
 
0% < DD <= -5% 78 2.5 Months 40.21%
 
DD <= -5% 65.46%
 
-5% < DD <= -10% 26 7.5 Months 13.40%
 
DD <= -10% 78.87%
 
-10% < DD <= -15% 12 16.2 Months 6.19%
 
DD <= -15% 85.05%
 
-15% < DD <= -20% 7 27.7 Months 3.61%
 
DD <= -20% 88.66%
 
-20% < DD <= -25% 10 19.4 Months 5.15%
 
DD <= -25% 93.81%
 
-25% < DD <= -30% 8 24.3 Months 4.12%
 
DD <= -30% 97.94%
 
-30% < DD <= -35% 1 194.0 Months 0.52%
 
DD <= -35% 98.45%
 
-35% < DD <= -40% 3 64.7 Months 1.55%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-43.49% Feb 2020 Oct 2022 33 in progress 15 48 24.93
-36.68% Jan 2008 Oct 2008 10 Jul 2009 9 19 12.91
-14.60% Jan 2013 Aug 2013 8 Mar 2016 31 39 6.24
-10.84% Sep 2017 Nov 2018 15 Jun 2019 7 22 6.19
-8.32% Oct 2016 Nov 2016 2 Aug 2017 9 11 4.13
-6.82% Nov 2010 Feb 2011 4 Feb 2012 12 16 4.00
-2.50% Sep 2019 Nov 2019 3 Dec 2019 1 4 1.42
-2.14% May 2012 May 2012 1 Jun 2012 1 2 1.24
-1.97% Oct 2009 Jan 2010 4 Mar 2010 2 6 1.19
-1.69% May 2010 May 2010 1 Jun 2010 1 2 0.97
-0.57% May 2016 May 2016 1 Jun 2016 1 2 0.33
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 33 5.9 Months 17.01%
 
DD = 0% 17.01%
 
0% < DD <= -5% 77 2.5 Months 39.69%
 
DD <= -5% 56.70%
 
-5% < DD <= -10% 37 5.2 Months 19.07%
 
DD <= -10% 75.77%
 
-10% < DD <= -15% 16 12.1 Months 8.25%
 
DD <= -15% 84.02%
 
-15% < DD <= -20% 5 38.8 Months 2.58%
 
DD <= -20% 86.60%
 
-20% < DD <= -25% 3 64.7 Months 1.55%
 
DD <= -25% 88.14%
 
-25% < DD <= -30% 2 97.0 Months 1.03%
 
DD <= -30% 89.18%
 
-30% < DD <= -35% 9 21.6 Months 4.64%
 
DD <= -35% 93.81%
 
-35% < DD <= -40% 10 19.4 Months 5.15%
 
DD <= -40% 98.97%
 
-40% < DD <= -45% 2 97.0 Months 1.03%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 February 2014 - 31 January 2024 (10 Years)
Data Source: 1 January 2008 - 31 January 2024 (~16 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -32.79 11/2021
10/2022
0.67$ -7.80 0.92$ 2.60 1.02$ 12.74 1.12$ 18.48 01/2023
12/2023
1.18$ 9.73 37.61%
2Y -16.85 10/2020
09/2022
0.69$ -10.92 0.79$ 2.87 1.05$ 6.86 1.14$ 9.70 01/2019
12/2020
1.20$ -4.18 34.02%
3Y -12.32 11/2019
10/2022
0.67$ -6.45 0.81$ 3.77 1.11$ 5.81 1.18$ 7.62 02/2014
01/2017
1.24$ -5.37 30.59%
5Y -6.14 10/2017
09/2022
0.72$ -2.74 0.87$ 3.11 1.16$ 5.26 1.29$ 6.18 01/2015
12/2019
1.34$ -0.80 37.70%
7Y -2.22 11/2015
10/2022
0.85$ -0.83 0.94$ 0.24 1.01$ 4.15 1.32$ 5.92 02/2014
01/2021
1.49$ 0.24 43.24%
10Y 2.40 02/2014
01/2024
1.26$ 2.40 1.26$ 2.40 1.26$ 2.40 1.26$ 2.40 02/2014
01/2024
1.26$ 2.40 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -37.66 10/2021
09/2022
0.62$ -11.52 0.88$ 1.25 1.01$ 10.89 1.10$ 15.89 10/2015
09/2016
1.15$ 6.42 44.04%
2Y -22.12 10/2020
09/2022
0.60$ -16.14 0.70$ 1.03 1.02$ 5.48 1.11$ 8.40 10/2014
09/2016
1.17$ -8.50 44.33%
3Y -16.51 11/2019
10/2022
0.58$ -11.49 0.69$ 1.73 1.05$ 4.23 1.13$ 6.38 02/2014
01/2017
1.20$ -10.44 35.29%
5Y -9.57 11/2017
10/2022
0.60$ -6.36 0.72$ 0.38 1.01$ 3.58 1.19$ 4.27 01/2015
12/2019
1.23$ -4.76 45.90%
7Y -5.48 10/2016
09/2023
0.67$ -4.11 0.74$ -2.90 0.81$ 2.28 1.17$ 4.27 02/2014
01/2021
1.34$ -3.14 64.86%
10Y -0.38 02/2014
01/2024
0.96$ -0.38 0.96$ -0.38 0.96$ -0.38 0.96$ -0.38 02/2014
01/2024
0.96$ -0.38 100.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -32.79 11/2021
10/2022
0.67$ -7.10 0.92$ 6.29 1.06$ 15.96 1.15$ 69.81 11/2008
10/2009
1.69$ 9.73 32.42%
2Y -16.85 10/2020
09/2022
0.69$ -2.12 0.95$ 5.10 1.10$ 10.29 1.21$ 40.42 11/2008
10/2010
1.97$ -4.18 20.00%
3Y -12.32 11/2019
10/2022
0.67$ -1.61 0.95$ 5.18 1.16$ 9.60 1.31$ 26.42 11/2008
10/2011
2.02$ -5.37 16.46%
5Y -6.14 10/2017
09/2022
0.72$ -0.80 0.96$ 5.08 1.28$ 8.03 1.47$ 17.73 11/2008
10/2013
2.26$ -0.80 17.16%
7Y -2.22 11/2015
10/2022
0.85$ 0.00 1.00$ 4.78 1.38$ 7.36 1.64$ 14.01 11/2008
10/2015
2.50$ 0.24 14.55%
10Y -1.19 11/2012
10/2022
0.88$ 0.60 1.06$ 5.16 1.65$ 6.93 1.95$ 10.46 11/2008
10/2018
2.70$ 2.40 5.41%
15Y 2.99 01/2008
12/2022
1.55$ 3.21 1.60$ 3.78 1.74$ 5.60 2.26$ 6.08 11/2008
10/2023
2.42$ 4.85 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -37.66 10/2021
09/2022
0.62$ -9.37 0.90$ 4.13 1.04$ 13.36 1.13$ 70.20 11/2008
10/2009
1.70$ 6.42 36.81%
2Y -22.12 10/2020
09/2022
0.60$ -4.76 0.90$ 3.43 1.06$ 7.99 1.16$ 39.76 11/2008
10/2010
1.95$ -8.50 28.24%
3Y -16.51 11/2019
10/2022
0.58$ -5.34 0.84$ 3.01 1.09$ 7.65 1.24$ 24.58 11/2008
10/2011
1.93$ -10.44 20.25%
5Y -9.57 11/2017
10/2022
0.60$ -4.61 0.78$ 3.48 1.18$ 6.45 1.36$ 16.00 11/2008
10/2013
2.10$ -4.76 20.90%
7Y -5.48 10/2016
09/2023
0.67$ -3.26 0.79$ 3.20 1.24$ 5.84 1.48$ 12.53 11/2008
10/2015
2.28$ -3.14 21.82%
10Y -3.65 11/2012
10/2022
0.68$ -1.99 0.81$ 3.30 1.38$ 5.19 1.65$ 8.79 11/2008
10/2018
2.32$ -0.38 29.73%
15Y 0.64 01/2008
12/2022
1.10$ 0.87 1.13$ 1.48 1.24$ 2.99 1.55$ 3.64 11/2008
10/2023
1.70$ 2.23 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Invesco Emerging Markets Sov Debt (PCY) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in Invesco Emerging Markets Sov Debt (PCY) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.19
40%
-3.12
20%
-3.27
40%
-0.56
80%
1.24
60%
1.02
80%
2.77
100%
-0.45
60%
-4.28
0%
-0.31
60%
5.04
60%
2.70
80%
Best 5.7
2023
0.8
2019
1.7
2019
2.9
2020
5.5
2020
4.8
2019
5.1
2022
1.5
2019
-1.3
2019
0.5
2021
13.9
2022
7.1
2023
Worst -4.5
2022
-8.3
2022
-17.7
2020
-9.5
2022
-1.6
2023
-9.1
2022
0.4
2021
-2.8
2022
-9.0
2022
-1.7
2023
-2.8
2021
-1.8
2022
Monthly Seasonality over the period Feb 2008 - Jan 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.74
50%
-1.19
40%
-1.05
60%
0.11
80%
0.90
50%
0.55
50%
2.13
90%
0.15
60%
-2.27
20%
-0.20
50%
1.86
40%
1.47
70%
Best 5.7
2023
3.5
2014
3.3
2016
2.9
2020
5.5
2020
4.8
2019
5.1
2022
2.2
2014
1.7
2018
2.7
2015
13.9
2022
7.1
2023
Worst -4.5
2022
-8.3
2022
-17.7
2020
-9.5
2022
-1.6
2023
-9.1
2022
-0.4
2014
-2.8
2022
-9.0
2022
-2.8
2018
-5.4
2016
-2.1
2014
Monthly Seasonality over the period Feb 2008 - Jan 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.59
41%
-0.76
50%
-0.09
69%
1.14
88%
0.27
50%
0.27
56%
2.19
88%
0.57
69%
-1.58
38%
-1.08
56%
1.70
38%
1.54
75%
Best 9.4
2009
3.5
2014
3.8
2009
7.8
2009
5.5
2020
4.8
2019
5.1
2022
5.0
2009
4.2
2013
5.3
2011
17.0
2008
7.1
2023
Worst -4.5
2022
-8.3
2022
-17.7
2020
-9.5
2022
-6.4
2013
-9.1
2022
-0.9
2008
-3.4
2013
-9.0
2022
-26.3
2008
-5.4
2016
-2.1
2014
Monthly Seasonality over the period Feb 2008 - Jan 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Invesco Emerging Markets Sov Debt (PCY) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

INVESCO EMERGING MARKETS SOV DEBT (PCY) ETF
Monthly Returns Distribution
Data Source: 1 February 2014 - 31 January 2024 (10 Years)
Data Source: 1 January 2008 - 31 January 2024 (~16 years)
66 Positive Months (55%) - 54 Negative Months (45%)
115 Positive Months (60%) - 78 Negative Months (40%)
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(Scroll down to see all data)
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