BIBL vs. KCE

Last updated Aug 2, 2026

BIBL (Inspire 100 ETF) and KCE (SPDR S&P Capital Markets ETF) are both exchange-traded funds - BIBL is a Large Cap Growth Equities fund tracking the Inspire 100 Index, while KCE is a Financials Equities fund tracking the S&P Capital Markets Select Industry Index. Both are passively managed. Over the past 5 years, BIBL returned 9.07%/yr vs 13.13%/yr for KCE. Their 0.79 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.35% expense ratio.

Performance

BIBL vs. KCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 100 ETF (BIBL) and SPDR S&P Capital Markets ETF (KCE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIBL achieves a 21.43% return, which is significantly higher than KCE's 7.80% return.

BIBL

• 1D: 0.80%
• 1M: -2.31%
• 6M: 14.67%
• YTD: 21.43%
• 1Y: 31.70%
• 3Y*: 18.28%
• 5Y*: 9.07%
• 10Y*: —
• ALL TIME*: 12.64%

KCE

• 1D: 0.03%
• 1M: 4.36%
• 6M: 3.69%
• YTD: 7.80%
• 1Y: 8.96%
• 3Y*: 22.76%
• 5Y*: 13.13%
• 10Y*: 17.91%
• ALL TIME*: 7.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIBL Inspire 100 ETF	$2.49M	$2.79M	$2.92M
KCE SPDR S&P Capital Markets ETF	$2.68M	$2.28M	$2.42M

BIBL vs. KCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIBL Inspire 100 ETF	21.43%	17.27%	12.49%	17.87%	-23.26%	27.44%	22.62%	29.68%	-7.64%	4.42%
KCE SPDR S&P Capital Markets ETF	7.80%	10.76%	37.51%	32.04%	-22.14%	40.05%	30.82%	27.13%	-15.63%	9.30%

Correlation

The correlation between BIBL and KCE is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.69
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Oct 31, 2017	0.79

Over the past year, the correlation between BIBL and KCE has dropped to 0.53 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

BIBL vs. KCE - Sectors Allocation Comparison

Sectors	BIBL	KCE
Technology	33.0%	2.8%
Industrials	26.8%	-
Real Estate	14.2%	-
Financial Services	8.3%	97.2%
Energy	5.4%	-
Healthcare	4.4%	-
Basic Materials	3.8%	-
Utilities	3.4%	-
Consumer Defensive	0.4%	-
Consumer Cyclical	0.3%	-
Communication Services	-	-

Return for Risk

BIBL vs. KCE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BIBL

BIBL Risk / Return Rank: 79
BIBL Sharpe Ratio Rank: 76
BIBL Sortino Ratio Rank: 74
BIBL Omega Ratio Rank: 72
BIBL Calmar Ratio Rank: 86
BIBL Martin Ratio Rank: 86

KCE

KCE Risk / Return Rank: 18
KCE Sharpe Ratio Rank: 18
KCE Sortino Ratio Rank: 18
KCE Omega Ratio Rank: 17
KCE Calmar Ratio Rank: 17
KCE Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BIBL vs. KCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 100 ETF (BIBL) and SPDR S&P Capital Markets ETF (KCE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIBL	KCE	Difference
Sharpe ratio: Return per unit of total volatility	1.73	0.31	+1.42
Sortino ratio: Return per unit of downside risk	2.37	0.57	+1.80
Omega ratio: Gain probability vs. loss probability	1.30	1.07	+0.23
Calmar ratio: Return relative to maximum drawdown	3.38	0.37	+3.01
Martin ratio: Return relative to average drawdown	12.27	0.95	+11.32

BIBL vs. KCE - Sharpe Ratio Comparison

The current BIBL Sharpe Ratio is 1.73, which is higher than the KCE Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of BIBL and KCE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIBL vs. KCE - Drawdown Comparison

The maximum BIBL drawdown since its inception was -36.12%, smaller than the maximum KCE drawdown of -74.00%. Use the drawdown chart below to compare losses from any high point for BIBL and KCE.

Drawdown Indicators

	BIBL	KCE	Difference
Max Drawdown Largest peak-to-trough decline	-36.12%	-74.00%	+37.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-17.44%	+8.50%
Max Drawdown (3Y) Largest decline over 3 years	-20.60%	-26.31%	+5.71%
Max Drawdown (5Y) Largest decline over 5 years	-30.85%	-34.45%	+3.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.78%	—
Current Drawdown Current decline from peak	-5.89%	-1.11%	-4.78%
Average Drawdown Average peak-to-trough decline	-6.96%	-22.65%	+15.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	6.84%	-4.38%

Volatility

BIBL vs. KCE - Volatility Comparison

The current volatility for Inspire 100 ETF (BIBL) is 5.03%, while SPDR S&P Capital Markets ETF (KCE) has a volatility of 6.54%. This indicates that BIBL experiences smaller price fluctuations and is considered to be less risky than KCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIBL	KCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	6.54%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	14.49%	15.90%	-1.41%
Volatility (1Y) Calculated over the trailing 1-year period	17.45%	20.72%	-3.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.91%	23.13%	-3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	22.88%	-1.78%

BIBL vs. KCE - Expense Ratio Comparison

Both BIBL and KCE have an expense ratio of 0.35%.

Dividends

BIBL vs. KCE - Dividend Comparison

BIBL's dividend yield for the trailing twelve months is around 0.95%, less than KCE's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIBL Inspire 100 ETF	0.95%	1.01%	0.92%	1.02%	0.98%	17.87%	1.67%	1.30%	1.49%	0.31%	0.00%	0.00%
KCE SPDR S&P Capital Markets ETF	1.67%	1.63%	1.56%	1.82%	2.42%	1.53%	2.20%	2.32%	2.67%	1.95%	2.30%	2.43%

Frequently Asked Questions

Can I hold both BIBL and KCE in my portfolio?

BIBL and KCE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIBL or KCE?

KCE has higher volatility (6.54%) compared to BIBL (5.03%). In terms of maximum drawdown, BIBL dropped -36.12% vs KCE's -74.00%.

Which ETF is better, BIBL or KCE?

On 5-year performance, KCE leads with 13.13% vs 9.07% for BIBL. Both ETFs have the same 0.35% expense ratio. On volatility, BIBL has been the lower-risk option at 5.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BIBL or KCE?

Over the 5-year period, KCE has performed better with a 13.13% return vs 9.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BIBL or KCE?

BIBL and KCE have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, BIBL or KCE?

KCE has the higher dividend yield at 1.67%, compared with 0.95% for BIBL.

What is the main difference between BIBL and KCE?

BIBL is categorized as Large Cap Growth Equities, while KCE is Financials Equities. BIBL tracks Inspire 100 Index, while KCE tracks S&P Capital Markets Select Industry Index. They also come from different issuers: Inspire and State Street.

Which has better risk-adjusted returns?

BIBL currently has the higher Sharpe Ratio (1.73 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.