Invesco Bloomberg Pricing Power ETF (POWA) Performance
POWA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.0% since Dec 31, 2025
- 1 year
- +0.9% total return
- 5 years
- +6.9% a year
- 10 years
- +10.6% a year
- Since first price
- +8.6% a year since 2006
POWA trailing returns vs SPY, QQQ, AGG
| Period | POWA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.0% | +5.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.5% | +4.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.4% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +2.0% | +2.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +0.9% | −0.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.3%+13.8%/yr | +42.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.3%+6.9%/yr | +31.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +174.3%+10.6%/yr | +139.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +352.0%+10.6%/yr | +250.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 15, 2006 | +414.6%+8.6%/yr | +265.2% | — | — | — |
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: POWA vs SPY
From Dec 15, 2006: POWA grew to $51,457, SPY to $76,534.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
POWA returns by calendar year
15 of 19 full years positive. Best 2019 (+28.0%), worst 2008 (−30.3%). 2026 is year to date.
POWA annual returns table
| Year | POWA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.0% | −9.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.7% | −13.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.2% | −6.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.6% | −10.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.7% | −17.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +24.9% | −6.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +7.6% | −36.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.0% | −5.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.0% | −16.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.5% | −2.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.1% | −6.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.6% | −13.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.1% | −7.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +22.4% | −7.9% | +32.3% | +36.6% | −2.0% |
| 2012 | +7.2% | −6.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +13.0% | −13.5% | +1.9% | +3.4% | +7.7% |
| 2010 | +19.5% | −9.5% | +15.1% | +19.9% | +6.4% |
| 2009 | +22.3% | −21.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −30.3% | −39.6% | −36.8% | −41.7% | +7.9% |
| 2007 | +4.8% | −11.6% | +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.
POWA largest drawdowns
Now 2.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 1, 2007 | −47.9% | Mar 9, 2009 | Mar 29, 2011 | 1.8 years | 3.8 years |
| Feb 14, 2020 | −36.5% | Mar 23, 2020 | Dec 8, 2020 | 38 days | 10 months |
| Dec 29, 2021 | −17.8% | Oct 12, 2022 | Dec 13, 2023 | 9 months | 2.0 years |
| Sep 21, 2018 | −16.1% | Dec 24, 2018 | Mar 21, 2019 | 3 months | 6 months |
| Apr 24, 2015 | −15.7% | Jan 20, 2016 | Jun 29, 2016 | 9 months | 1.2 years |
| Dec 4, 2024 | −15.0% | Apr 8, 2025 | Jul 1, 2025 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
POWA risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +10.8% | +6.7% | +9.7% | +8.3% |
| Volatility (annualized) | 11.4% | 14.0% | 13.9% | 13.3% |
| Sharpe ratio | 0.58 | 0.28 | 0.57 | 0.56 |
| Sortino ratio | 0.86 | 0.42 | 0.85 | 0.81 |
| Best month | +7.9% | +9.4% | +9.4% | +9.4% |
| Worst month | −7.5% | −8.4% | −13.6% | −17.6% |
| Best 12 months | +31.7% | +31.7% | +38.4% | +42.7% |
| Worst 12 months | −3.9% | −7.9% | −9.4% | −35.2% |
| Positive months | 67% | 58% | 67% | 65% |
| Beta vs S&P 500 | 0.69 | 0.76 | 0.82 | — |
| Correlation with S&P 500 | 0.75 | 0.85 | 0.90 | — |
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.
POWA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 227 | −35.2% | +11.4% | +42.7% | 79% |
| 3-year (a year) | 203 | −7.0% | +10.2% | +24.6% | 94% |
| 5-year (a year) | 179 | +1.8% | +10.3% | +20.4% | 100% |
| 10-year (a year) | 119 | +6.7% | +10.5% | +15.0% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
POWA performance overview
Invesco Bloomberg Pricing Power ETF (POWA) returned +0.9% over the past year and +10.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +8.6% a year, turning $10,000 into about $51,457. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −47.9%, from Jun 1, 2007 to Mar 9, 2009, and it took 2.1 years to get back to the old high. POWA finished 15 of its 19 full calendar years with a gain; the best year was 2019 (+28.0%) and the worst 2008 (−30.3%). Volatility has been 13.3% a year.
Related: POWA chart, POWA holdings, POWA dividends, POWA valuation. See the POWA overview for the latest quote and fund facts.
POWA performance FAQ
What is the POWA return over the past year?
POWA returned +0.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.1%.
What is the average annual return of POWA?
POWA has returned +6.9% a year over 5 years, +10.6% a year over 10 years, +8.6% a year since December 15, 2006 (total return, distributions reinvested).
How much would $10,000 invested in POWA be worth?
$10,000 invested in POWA at its first recorded close on December 15, 2006 would be worth about $51,457 on October 23, 2026 with distributions reinvested.
What was the worst year for POWA?
The worst calendar year was 2008, with a total return of −30.3%. The best was 2019 at +28.0%.
What is the biggest drawdown of POWA?
The largest peak-to-trough decline was −47.9% between June 1, 2007 and March 9, 2009. It recovered to the old high on March 29, 2011, 2.1 years after the bottom.
How volatile is POWA?
Over the past 3 years POWA had an annualized volatility of 11.4% and a Sharpe ratio of 0.58 (excess return over 1–3 month T-bills per unit of risk).