Invesco S&P SmallCap Materials ETF (PSCM) Performance
PSCM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.6% since Dec 31, 2025
- 1 year
- +18.3% total return
- 5 years
- +8.0% a year
- 10 years
- +9.8% a year
- Since first price
- +9.1% a year since 2010
PSCM trailing returns vs SPY, QQQ, AGG
| Period | PSCM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.9% | −4.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.6% | −6.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.4% | −11.8% | +7.8% | +8.4% | −1.5% |
| YTD | +9.6% | +8.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.3% | +17.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +60.4%+17.1%/yr | +55.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +46.9%+8.0%/yr | +39.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +155.6%+9.8%/yr | +129.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +334.7%+10.3%/yr | +273.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 7, 2010 | +319.5%+9.1%/yr | +255.5% | — | — | — |
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: PSCM vs SPY
From Apr 7, 2010: PSCM grew to $41,950, SPY to $85,896.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PSCM returns by calendar year
10 of 15 full years positive. Best 2016 (+53.8%), worst 2015 (−25.8%). 2026 is year to date.
PSCM annual returns table
| Year | PSCM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.6% | −15.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.6% | −27.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.7% | −14.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +19.9% | −19.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.5% | −20.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.0% | −13.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +22.2% | −43.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.8% | −22.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −23.3% | −33.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +10.4% | −10.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +53.8% | −16.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −25.8% | −27.3% | +1.2% | +9.4% | +0.5% |
| 2014 | −0.2% | −19.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +37.8% | −10.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +23.0% | −17.8% | +16.0% | +18.1% | +3.8% |
| 2011 | −9.1% | −30.6% | +1.9% | +3.4% | +7.7% |
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.
PSCM largest drawdowns
Now 15.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 20, 2018 | −51.3% | Mar 23, 2020 | Dec 8, 2020 | 1.5 years | 2.2 years |
| Sep 2, 2014 | −46.0% | Jan 25, 2016 | Nov 22, 2016 | 1.4 years | 2.2 years |
| Nov 25, 2024 | −35.4% | Apr 8, 2025 | Dec 11, 2025 | 4 months | 1.0 years |
| Apr 6, 2011 | −30.6% | Oct 3, 2011 | Sep 14, 2012 | 6 months | 1.4 years |
| Apr 26, 2010 | −22.7% | Aug 25, 2010 | Nov 4, 2010 | 4 months | 6 months |
| Jun 7, 2022 | −20.1% | Jul 14, 2022 | Jan 31, 2023 | 37 days | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PSCM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +14.8% | +9.3% | +10.0% | +9.1% |
| Volatility (annualized) | 23.3% | 24.3% | 26.1% | 24.4% |
| Sharpe ratio | 0.52 | 0.34 | 0.41 | 0.42 |
| Sortino ratio | 0.84 | 0.53 | 0.63 | 0.65 |
| Best month | +12.8% | +15.6% | +21.8% | +21.8% |
| Worst month | −13.1% | −13.9% | −19.9% | −19.9% |
| Best 12 months | +69.1% | +69.1% | +109.7% | +109.7% |
| Worst 12 months | −17.6% | −17.6% | −34.7% | −34.7% |
| Positive months | 56% | 55% | 57% | 56% |
| Beta vs S&P 500 | 1.01 | 1.04 | 1.25 | — |
| Correlation with S&P 500 | 0.54 | 0.67 | 0.73 | — |
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.
PSCM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 187 | −34.7% | +10.0% | +109.7% | 64% |
| 3-year (a year) | 163 | −12.4% | +9.6% | +31.8% | 90% |
| 5-year (a year) | 139 | −4.7% | +9.3% | +18.5% | 95% |
| 10-year (a year) | 79 | +3.5% | +8.3% | +14.7% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
PSCM performance overview
Invesco S&P SmallCap Materials ETF (PSCM) returned +18.3% over the past year and +9.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +9.1% a year, turning $10,000 into about $41,950. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −51.3%, from Sep 20, 2018 to Mar 23, 2020, and it took 9 months to get back to the old high. PSCM finished 10 of its 15 full calendar years with a gain; the best year was 2016 (+53.8%) and the worst 2015 (−25.8%). Volatility has been 24.4% a year.
Related: PSCM chart, PSCM holdings, PSCM dividends. See the PSCM overview for the latest quote and fund facts.
PSCM performance FAQ
What is the PSCM return over the past year?
PSCM returned +18.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.0%.
What is the average annual return of PSCM?
PSCM has returned +8.0% a year over 5 years, +9.8% a year over 10 years, +9.1% a year since April 7, 2010 (total return, distributions reinvested).
How much would $10,000 invested in PSCM be worth?
$10,000 invested in PSCM at its first recorded close on April 7, 2010 would be worth about $41,950 on October 23, 2026 with distributions reinvested.
What was the worst year for PSCM?
The worst calendar year was 2015, with a total return of −25.8%. The best was 2016 at +53.8%.
What is the biggest drawdown of PSCM?
The largest peak-to-trough decline was −51.3% between September 20, 2018 and March 23, 2020. It recovered to the old high on December 8, 2020, 9 months after the bottom.
How volatile is PSCM?
Over the past 3 years PSCM had an annualized volatility of 23.3% and a Sharpe ratio of 0.52 (excess return over 1–3 month T-bills per unit of risk).