Invesco DWA Consumer Staples Momentum ETF (PSL) Performance
PSL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.1% since Dec 31, 2025
- 1 year
- +4.8% total return
- 5 years
- +5.9% a year
- 10 years
- +8.5% a year
- Since first price
- +9.2% a year since 2006
PSL trailing returns vs SPY, QQQ, AGG
| Period | PSL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.8% | +5.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.3% | +2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +14.1% | +13.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.8% | +4.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.5%+13.8%/yr | +43.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.0%+5.9%/yr | +25.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +126.9%+8.5%/yr | +104.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +350.7%+10.6%/yr | +277.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +480.7%+9.2%/yr | +348.7% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionOct 12, 2006 | +484.4%+9.2%/yr | +351.5% | — | — | — |
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: PSL vs SPY
From Oct 12, 2006: PSL grew to $58,438, SPY to $80,382.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PSL returns by calendar year
15 of 19 full years positive. Best 2013 (+34.6%), worst 2008 (−22.0%). 2026 is year to date.
PSL annual returns table
| Year | PSL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.1% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −3.5% | −13.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.4% | −6.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.3% | −11.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.8% | −17.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +6.9% | −13.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.1% | −34.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +14.2% | −7.8% | +31.2% | +39.0% | +8.5% |
| 2018 | +0.9% | −14.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.8% | −3.6% | +21.7% | +32.7% | +3.6% |
| 2016 | −3.6% | −11.8% | +12.0% | +7.1% | +2.4% |
| 2015 | +12.9% | −9.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +16.7% | −6.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +34.6% | −6.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +9.0% | −5.7% | +16.0% | +18.1% | +3.8% |
| 2011 | +9.0% | −13.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +19.5% | −9.7% | +15.1% | +19.9% | +6.4% |
| 2009 | +19.8% | −21.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −22.0% | −34.9% | −36.8% | −41.7% | +7.9% |
| 2007 | +5.0% | −8.3% | +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.
PSL largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 24, 2008 | −41.6% | Mar 9, 2009 | Nov 4, 2010 | 5 months | 2.1 years |
| Jan 17, 2020 | −34.7% | Mar 23, 2020 | Aug 5, 2020 | 2 months | 7 months |
| Jun 8, 2021 | −22.4% | Jun 17, 2022 | Feb 23, 2024 | 1.0 years | 2.7 years |
| Sep 12, 2018 | −14.9% | Dec 24, 2018 | Jul 3, 2019 | 3 months | 10 months |
| Jun 1, 2007 | −14.0% | Jul 3, 2008 | Sep 24, 2008 | 1.1 years | 1.3 years |
| Jul 7, 2011 | −13.8% | Aug 8, 2011 | Mar 9, 2012 | 32 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.
PSL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +9.3% | +4.7% | +7.7% | +8.9% |
| Volatility (annualized) | 15.3% | 15.5% | 15.0% | 14.0% |
| Sharpe ratio | 0.37 | 0.14 | 0.42 | 0.58 |
| Sortino ratio | 0.60 | 0.22 | 0.62 | 0.88 |
| Best month | +8.6% | +9.5% | +13.9% | +13.9% |
| Worst month | −7.1% | −7.9% | −14.1% | −14.1% |
| Best 12 months | +30.9% | +30.9% | +66.1% | +66.1% |
| Worst 12 months | −7.4% | −15.2% | −20.1% | −29.5% |
| Positive months | 50% | 52% | 59% | 62% |
| Beta vs S&P 500 | 0.64 | 0.65 | 0.69 | — |
| Correlation with S&P 500 | 0.52 | 0.66 | 0.71 | — |
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.
PSL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 229 | −29.5% | +10.6% | +66.1% | 79% |
| 3-year (a year) | 205 | −2.8% | +10.2% | +22.9% | 95% |
| 5-year (a year) | 181 | +1.8% | +10.4% | +21.8% | 100% |
| 10-year (a year) | 121 | +7.0% | +10.1% | +16.0% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
PSL performance overview
Invesco DWA Consumer Staples Momentum ETF (PSL) returned +4.8% over the past year and +8.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +9.2% a year, turning $10,000 into about $58,438. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.6%, from Sep 24, 2008 to Mar 9, 2009, and it took 1.7 years to get back to the old high. PSL finished 15 of its 19 full calendar years with a gain; the best year was 2013 (+34.6%) and the worst 2008 (−22.0%). Volatility has been 14.0% a year.
Related: PSL chart, PSL holdings, PSL dividends, PSL valuation. See the PSL overview for the latest quote and fund facts.
PSL performance FAQ
What is the PSL return over the past year?
PSL returned +4.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.0%.
What is the average annual return of PSL?
PSL has returned +5.9% a year over 5 years, +8.5% a year over 10 years, +9.2% a year since October 12, 2006 (total return, distributions reinvested).
How much would $10,000 invested in PSL be worth?
$10,000 invested in PSL at its first recorded close on October 12, 2006 would be worth about $58,438 on October 23, 2026 with distributions reinvested.
What was the worst year for PSL?
The worst calendar year was 2008, with a total return of −22.0%. The best was 2013 at +34.6%.
What is the biggest drawdown of PSL?
The largest peak-to-trough decline was −41.6% between September 24, 2008 and March 9, 2009. It recovered to the old high on November 4, 2010, 1.7 years after the bottom.
How volatile is PSL?
Over the past 3 years PSL had an annualized volatility of 15.3% and a Sharpe ratio of 0.37 (excess return over 1–3 month T-bills per unit of risk).