Shopping for Portfolio Security? The iShares Consumer Staples ETF (IYK) Outperforms Invesco Food & Beverage (PBJ) in Cost, Yield, and Performance
IYK delivered 8.3% returns over one year with a 2.5% dividend yield, while maintaining broader sector diversification across household products and tobacco alongside food and beverage stocks.
Overview
Investors comparing iShares U.S. Consumer Staples ETF (NYSEMKT:IYK) and Invesco Food & Beverage ETF (NYSEMKT:PBJ) may find that IYK offers broader sector diversification and lower costs, while PBJ provides concentrated exposure to the food and beverage industry.
Both funds offer defensive exposure to American markets by tracking consumer-focused companies. While the Invesco fund narrows its lens to the food and beverage industry, the iShares fund takes a broader approach to the consumer staples sector, including household products and tobacco.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
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Source
Originally published at www.fool.com.