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PBPvsXTRETF Comparison

ETF 1

PBP

Invesco S&P 500 BuyWrite ETF

This fund is part of

Options Strategies

+0.4%

Full PBP fund page

VS

ETF 2

XTR

Global X S&P 500 Tail Risk ETF

This fund is part of

Options Strategies

+0.4%

Full XTR fund page

Invesco S&P 500 BuyWrite ETF (PBP) and Global X S&P 500 Tail Risk ETF (XTR) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. PBP is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.25% for XTR. PBP is up 4.91% year-to-date (YTD) with +$13M in YTD flows. XTR performs better with 6.92% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of PBP and XTR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PBP vs XTR performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PBP XTR	+1.31%+0.47%	+4.71%+9.85%	+4.91%+6.92%	+16.99%+19.32%	+38.30%+62.00%	+46.76%n/a
Flows	PBP XTR	+$2M+$281K	+$16M+$556K	+$13M+$2M	+$191M+$2M	+$238M+$216K	+$172M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PBP XTR	+9.20%+13.68%	+7.06%+11.15%	+10.32%+12.33%	+11.34%n/a
Max drawdown	PBP XTR	-3.91%-4.91%	-5.24%-8.56%	-15.51%-14.42%	-18.35%n/a
Max drawdown duration	PBP XTR	22d21d	63d79d	240d132d	679dn/a

Trading data

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	PBP	XTR
Last sale 6/12/2026 at 1:30 PM	$22.79	$28.24
Previous close 06/12/2026	$22.68	$28.13
Consolidated volume 06/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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	PBP	XTR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	PBP	XTR
Last price	$22.79	$28.24
1D performance	+0.49%	+0.41%
AuM	$344.77 M	$3.96 M
E/R	0.29%	0.25%

Characteristics

	PBP	XTR
Management strategy	Passive	Passive
Provider	Invesco	Global X
Benchmark	CBOE S&P 500 BuyWrite Index	Cboe S&P 500 Tail Risk Index
N° of holdings	478	477
Asset class	Alternative	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 20, 2007	August 25, 2021
ESG	No	No

More PBP data on Trackinsight

More XTR data on Trackinsight

Exposure

Countries

PBP

USA

98.9%

Other

1.1%

XTR

USA

96.81%

Other

3.19%

Sectors

PBP

Information Techn.

37.13%

Communication Ser.

10.85%

Consumer Discreti.

10.29%

Financials

10.11%

Health Care

8.42%

Industrials

8.16%

Other

15.02%

XTR

Information Techn.

36.24%

Communication Ser.

10.67%

Consumer Discreti.

10.07%

Financials

9.88%

Health Care

8.29%

Industrials

7.92%

Other

16.91%

Diversification

PBP

Total weight of top 15 holdings out of 15

45.2%

XTR

Total weight of top 15 holdings out of 15

44.11%

Top 15 holdings

Data as of April 30, 2026

PBP

NVIDIA

8.73%

APPLE

6.51%

MICROSOFT-T

5.23%

AMAZON.COM INC

4.23%

ALPHABET INC-CL

3.38%

BROADCOM LIMITED

3.29%

ALPHABET INC-CL

2.70%

META PLATFORMS

2.46%

TESLA

1.77%

BERKSHIRE HATHWAY

1.44%

JPMORGAN CHASE

1.39%

LILLY

1.14%

EXXON

1.03%

MICRON TECHNOLOGY

0.98%

WALMART INC

0.93%

XTR

NVIDIA

8.30%

APPLE

6.47%

MICROSOFT-T

5.15%

AMAZON.COM INC

4.19%

ALPHABET INC-CL

3.32%

BROADCOM LIMITED

3.14%

ALPHABET INC-CL

2.65%

META PLATFORMS

2.39%

TESLA

1.70%

BERKSHIRE HATHWAY

1.43%

JPMORGAN CHASE

1.36%

LILLY

1.11%

EXXON

1.05%

MICRON TECHNOLOGY

0.95%

VISA INCORPORATION

0.91%

Frequently asked questions about PBP and XTR

How have the PBP and XTR ETFs performed in 2026?

As of June 12, 2026, PBP is up 4.91% year-to-date (YTD), while XTR has returned 6.92%. That puts XTR better performer ahead so far this year.

Which ETF is attracting more investor money: PBP or XTR?

Year-to-date, the PBP ETF saw +$13M in flows, compared to +$2M for XTR.

Which ETF is more volatile: PBP or XTR?

Over the past year, PBP had a volatility of 7.06%, while XTR experienced 11.15%.

Which ETF is bigger: PBP or XTR?

As of June 12, 2026, PBP holds $344.77 M in assets under management (AUM), while XTR manages $3.96 M.

What sectors do the PBP and XTR ETFs invest in?

PBP leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XTR focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the PBP ETF and XTR ETF?

PBP top holdings include NVIDIA, APPLE and MICROSOFT-T. XTR holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: PBP or XTR?

PBP holds 503 securities with 45.2% of its assets in the top 15. XTR has 502 securities and a top 15 weight of 44.11%.

Options Strategies in ETFs, Part 1: A Grand Overview

November 1, 2023

PBP

PBPvsXTRETF Comparison

Invesco S&P 500 BuyWrite ETF

Global X S&P 500 Tail Risk ETF

PBP vs XTR performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PBP and XTR ETFs performed in 2026?

As of June 12, 2026, PBP is up 4.91% year-to-date (YTD), while XTR has returned 6.92%. That puts XTR better performer ahead so far this year.

Which ETF is attracting more investor money: PBP or XTR?

Year-to-date, the PBP ETF saw +$13M in flows, compared to +$2M for XTR.

Which ETF is more volatile: PBP or XTR?

Over the past year, PBP had a volatility of 7.06%, while XTR experienced 11.15%.

Which ETF is bigger: PBP or XTR?

As of June 12, 2026, PBP holds $344.77 M in assets under management (AUM), while XTR manages $3.96 M.

What sectors do the PBP and XTR ETFs invest in?

PBP leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XTR focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the PBP ETF and XTR ETF?

PBP top holdings include NVIDIA, APPLE and MICROSOFT-T. XTR holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: PBP or XTR?

PBP holds 503 securities with 45.2% of its assets in the top 15. XTR has 502 securities and a top 15 weight of 44.11%.

Options Strategies in ETFs, Part 1: A Grand Overview

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