Invesco BuyBack Achievers ETF (PKW) Performance
PKW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.4% since Dec 31, 2025
- 1 year
- +14.1% total return
- 5 years
- +10.5% a year
- 10 years
- +13.7% a year
- Since first price
- +10.6% a year since 2006
PKW trailing returns vs SPY, QQQ, AGG
| Period | PKW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.4% | +3.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.0% | +4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.8% | +8.5% | +7.8% | +8.4% | −1.5% |
| YTD | +12.4% | +11.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.1% | +13.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.2%+21.5%/yr | +74.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +64.9%+10.5%/yr | +56.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +259.6%+13.7%/yr | +220.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +593.0%+13.8%/yr | +483.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 20, 2006 | +641.8%+10.6%/yr | +500.5% | — | — | — |
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: PKW vs SPY
From Dec 20, 2006: PKW grew to $74,176, SPY to $76,641.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PKW returns by calendar year
14 of 19 full years positive. Best 2013 (+45.6%), worst 2008 (−33.4%). 2026 is year to date.
PKW annual returns table
| Year | PKW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.4% | −7.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.9% | −18.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +17.3% | −8.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.2% | −12.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.2% | −23.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +32.6% | −7.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +8.4% | −40.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +34.1% | −8.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −10.5% | −21.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +17.8% | −4.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +12.9% | −11.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.3% | −13.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.7% | −8.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +45.6% | −5.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +13.7% | −9.0% | +16.0% | +18.1% | +3.8% |
| 2011 | +10.0% | −17.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +17.9% | −14.7% | +15.1% | +19.9% | +6.4% |
| 2009 | +31.2% | −27.4% | +26.4% | +54.7% | +3.0% |
| 2008 | −33.4% | −45.7% | −36.8% | −41.7% | +7.9% |
| 2007 | −2.2% | −13.0% | +5.1% | +19.0% | +6.6% |
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.
PKW largest drawdowns
Now 2.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −54.6% | Mar 9, 2009 | Feb 16, 2011 | 1.8 years | 3.7 years |
| Jan 17, 2020 | −40.9% | Mar 23, 2020 | Nov 24, 2020 | 2 months | 10 months |
| Nov 5, 2021 | −23.5% | Sep 27, 2022 | Dec 13, 2023 | 11 months | 2.1 years |
| Jan 26, 2018 | −21.2% | Dec 24, 2018 | Apr 16, 2019 | 11 months | 1.2 years |
| Nov 29, 2024 | −20.9% | Apr 8, 2025 | Jul 1, 2025 | 4 months | 7 months |
| Feb 24, 2015 | −20.2% | Feb 11, 2016 | Nov 14, 2016 | 12 months | 1.7 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PKW risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +17.8% | +10.8% | +13.0% | +10.4% |
| Volatility (annualized) | 14.8% | 17.5% | 18.2% | 17.1% |
| Sharpe ratio | 0.89 | 0.47 | 0.64 | 0.59 |
| Sortino ratio | 1.49 | 0.76 | 0.99 | 0.89 |
| Best month | +9.8% | +14.4% | +16.5% | +16.5% |
| Worst month | −7.9% | −10.0% | −18.0% | −18.0% |
| Best 12 months | +37.5% | +37.5% | +76.4% | +76.4% |
| Worst 12 months | +5.0% | −16.7% | −17.2% | −40.3% |
| Positive months | 67% | 58% | 66% | 64% |
| Beta vs S&P 500 | 0.86 | 0.92 | 1.05 | — |
| Correlation with S&P 500 | 0.72 | 0.82 | 0.88 | — |
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.
PKW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 227 | −40.3% | +13.9% | +76.4% | 77% |
| 3-year (a year) | 203 | −7.9% | +11.8% | +30.6% | 94% |
| 5-year (a year) | 179 | +1.0% | +12.4% | +28.1% | 100% |
| 10-year (a year) | 119 | +7.9% | +12.1% | +17.5% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
PKW performance overview
Invesco BuyBack Achievers ETF (PKW) returned +14.1% over the past year and +13.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +10.6% a year, turning $10,000 into about $74,176. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.6%, from Jun 4, 2007 to Mar 9, 2009, and it took 1.9 years to get back to the old high. PKW finished 14 of its 19 full calendar years with a gain; the best year was 2013 (+45.6%) and the worst 2008 (−33.4%). Volatility has been 17.1% a year.
Related: PKW chart, PKW holdings, PKW dividends, PKW valuation. See the PKW overview for the latest quote and fund facts.
PKW performance FAQ
What is the PKW return over the past year?
PKW returned +14.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.3%.
What is the average annual return of PKW?
PKW has returned +10.5% a year over 5 years, +13.7% a year over 10 years, +10.6% a year since December 20, 2006 (total return, distributions reinvested).
How much would $10,000 invested in PKW be worth?
$10,000 invested in PKW at its first recorded close on December 20, 2006 would be worth about $74,176 on October 23, 2026 with distributions reinvested.
What was the worst year for PKW?
The worst calendar year was 2008, with a total return of −33.4%. The best was 2013 at +45.6%.
What is the biggest drawdown of PKW?
The largest peak-to-trough decline was −54.6% between June 4, 2007 and March 9, 2009. It recovered to the old high on February 16, 2011, 1.9 years after the bottom.
How volatile is PKW?
Over the past 3 years PKW had an annualized volatility of 14.8% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).