Invesco Dynamic Building & Construction ETF (PKB) Performance
PKB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −7.6% since Dec 31, 2025
- 1 year
- −11.1% total return
- 5 years
- +11.5% a year
- 10 years
- +13.5% a year
- Since first price
- +9.1% a year since 2005
PKB trailing returns vs SPY, QQQ, AGG
| Period | PKB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.8% | −6.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.5% | −16.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −20.5% | −20.6% | +7.8% | +8.4% | −1.5% |
| YTD | −7.6% | −7.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −11.1% | −11.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +81.9%+22.1%/yr | +80.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +72.3%+11.5%/yr | +69.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +253.2%+13.5%/yr | +241.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +693.6%+14.8%/yr | +660.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +509.4%+9.5%/yr | +448.4% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionOct 26, 2005 | +521.4%+9.1%/yr | +458.8% | — | — | — |
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: PKB vs SPY
From Oct 26, 2005: PKB grew to $62,142, SPY to $93,442.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PKB returns by calendar year
15 of 20 full years positive. Best 2023 (+55.3%), worst 2008 (−35.3%). 2026 is year to date.
PKB annual returns table
| Year | PKB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −7.6% | −25.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +22.5% | −25.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +20.2% | −14.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +55.3% | −18.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −24.9% | −34.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +33.0% | −13.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +24.5% | −52.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +40.2% | −6.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −31.1% | −37.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.7% | −5.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +17.5% | −13.9% | +12.0% | +7.1% | +2.4% |
| 2015 | +10.3% | −13.0% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.5% | −18.0% | +13.5% | +19.2% | +6.0% |
| 2013 | +28.7% | −12.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +46.1% | −16.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −7.7% | −34.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.5% | −24.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +1.3% | −40.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −35.3% | −58.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +10.8% | −18.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +1.6% | −26.9% | +15.8% | +7.1% | +3.9% |
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.
PKB largest drawdowns
Now 25.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 19, 2007 | −65.2% | Mar 9, 2009 | Mar 14, 2013 | 1.6 years | 5.7 years |
| Feb 20, 2020 | −52.3% | Mar 23, 2020 | Oct 2, 2020 | 32 days | 7 months |
| Jan 23, 2018 | −37.7% | Dec 24, 2018 | Jan 23, 2020 | 11 months | 2.0 years |
| Dec 31, 2021 | −34.8% | Jun 17, 2022 | Jun 30, 2023 | 6 months | 1.5 years |
| Nov 25, 2024 | −29.8% | Apr 8, 2025 | Aug 7, 2025 | 4 months | 8 months |
| Apr 19, 2006 | −26.9% | Jul 18, 2006 | Apr 20, 2007 | 3 months | 1.0 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PKB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +21.9% | +14.2% | +13.7% | +9.4% |
| Volatility (annualized) | 26.9% | 27.0% | 26.0% | 24.8% |
| Sharpe ratio | 0.71 | 0.49 | 0.54 | — |
| Sortino ratio | 1.22 | 0.82 | 0.82 | — |
| Best month | +14.9% | +18.7% | +18.7% | +18.7% |
| Worst month | −13.2% | −13.2% | −30.6% | −30.6% |
| Best 12 months | +62.7% | +63.7% | +123.6% | +123.6% |
| Worst 12 months | −9.9% | −24.9% | −31.1% | −50.9% |
| Positive months | 58% | 55% | 60% | 59% |
| Beta vs S&P 500 | 1.43 | 1.27 | 1.32 | — |
| Correlation with S&P 500 | 0.66 | 0.74 | 0.78 | — |
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.
PKB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 241 | −50.9% | +10.3% | +123.6% | 73% |
| 3-year (a year) | 217 | −22.6% | +11.4% | +37.4% | 82% |
| 5-year (a year) | 193 | −7.7% | +12.9% | +25.5% | 86% |
| 10-year (a year) | 133 | +2.8% | +11.5% | +17.5% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
PKB performance overview
Invesco Dynamic Building & Construction ETF (PKB) returned −11.1% over the past year and +13.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +9.1% a year, turning $10,000 into about $62,142. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −65.2%, from Jul 19, 2007 to Mar 9, 2009, and it took 4.0 years to get back to the old high. PKB finished 15 of its 20 full calendar years with a gain; the best year was 2023 (+55.3%) and the worst 2008 (−35.3%). Volatility has been 24.8% a year.
Related: PKB chart, PKB holdings, PKB dividends, PKB valuation. See the PKB overview for the latest quote and fund facts.
PKB performance FAQ
What is the PKB return over the past year?
PKB returned −11.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 11.3%.
What is the average annual return of PKB?
PKB has returned +11.5% a year over 5 years, +13.5% a year over 10 years, +9.1% a year since October 26, 2005 (total return, distributions reinvested).
How much would $10,000 invested in PKB be worth?
$10,000 invested in PKB at its first recorded close on October 26, 2005 would be worth about $62,142 on October 23, 2026 with distributions reinvested.
What was the worst year for PKB?
The worst calendar year was 2008, with a total return of −35.3%. The best was 2023 at +55.3%.
What is the biggest drawdown of PKB?
The largest peak-to-trough decline was −65.2% between July 19, 2007 and March 9, 2009. It recovered to the old high on March 14, 2013, 4.0 years after the bottom.
How volatile is PKB?
Over the past 3 years PKB had an annualized volatility of 26.9% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).