Invesco PureBeta MSCI USA ETF (PBUS) Performance
PBUS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.2% since Dec 31, 2025
- 1 year
- +14.0% total return
- 5 years
- +11.9% a year
- Since first price
- +14.8% a year since 2017
PBUS trailing returns vs SPY, QQQ, AGG
| Period | PBUS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +7.2% | +7.8% | +8.4% | −1.5% |
| YTD | +12.2% | +11.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.0% | +12.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.1%+23.4%/yr | +81.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +75.8%+11.9%/yr | +64.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 22, 2017 | +249.5%+14.8%/yr | +205.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PBUS vs SPY
From Sep 22, 2017: PBUS grew to $34,954, SPY to $34,968.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PBUS returns by calendar year
6 of 8 full years positive. Best 2019 (+31.6%), worst 2022 (−19.7%). 2026 is year to date.
PBUS annual returns table
| Year | PBUS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.2% | −9.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.6% | −19.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.0% | −8.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.3% | −10.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.7% | −25.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.8% | −5.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +21.7% | −33.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.6% | −7.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.8% | −14.7% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PBUS largest drawdowns
Now 2.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −33.2% | Mar 23, 2020 | Aug 5, 2020 | 33 days | 6 months |
| Dec 27, 2021 | −25.4% | Oct 14, 2022 | Dec 13, 2023 | 10 months | 2.0 years |
| Feb 19, 2025 | −19.1% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Oct 3, 2018 | −14.7% | Dec 28, 2018 | Apr 5, 2019 | 3 months | 6 months |
| Jan 23, 2018 | −10.1% | Feb 9, 2018 | Aug 16, 2018 | 17 days | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PBUS risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +22.9% | +13.3% | +14.9% |
| Volatility (annualized) | 12.7% | 15.8% | 16.1% |
| Sharpe ratio | 1.36 | 0.65 | 0.80 |
| Sortino ratio | 2.86 | 1.03 | 1.26 |
| Best month | +10.5% | +10.5% | +11.9% |
| Worst month | −5.7% | −9.4% | −10.7% |
| Best 12 months | +38.6% | +38.6% | +57.0% |
| Worst 12 months | +8.2% | −19.7% | −19.7% |
| Positive months | 69% | 62% | 66% |
| Beta vs S&P 500 | 1.02 | 1.01 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PBUS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 98 | −19.7% | +16.5% | +57.0% | 84% |
| 3-year (a year) | 74 | +7.3% | +14.1% | +26.6% | 100% |
| 5-year (a year) | 50 | +9.2% | +13.7% | +18.2% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
PBUS performance overview
Invesco PureBeta MSCI USA ETF (PBUS) returned +14.0% over the past year and +11.9% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +14.8% a year, turning $10,000 into about $34,954. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −33.2%, from Feb 19, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. PBUS finished 6 of its 8 full calendar years with a gain; the best year was 2019 (+31.6%) and the worst 2022 (−19.7%). Volatility has been 16.1% a year.
Related: PBUS chart, PBUS holdings, PBUS dividends, PBUS valuation. See the PBUS overview for the latest quote and fund facts.
PBUS performance FAQ
What is the PBUS return over the past year?
PBUS returned +14.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.7%.
What is the average annual return of PBUS?
PBUS has returned +11.9% a year over 5 years, +14.8% a year since September 22, 2017 (total return, distributions reinvested).
How much would $10,000 invested in PBUS be worth?
$10,000 invested in PBUS at its first recorded close on September 22, 2017 would be worth about $34,954 on October 23, 2026 with distributions reinvested.
What was the worst year for PBUS?
The worst calendar year was 2022, with a total return of −19.7%. The best was 2019 at +31.6%.
What is the biggest drawdown of PBUS?
The largest peak-to-trough decline was −33.2% between February 19, 2020 and March 23, 2020. It recovered to the old high on August 5, 2020, 4 months after the bottom.
How volatile is PBUS?
Over the past 3 years PBUS had an annualized volatility of 12.7% and a Sharpe ratio of 1.36 (excess return over 1–3 month T-bills per unit of risk).