CMA vs. KRE
Compare and contrast key facts about Comerica Incorporated (CMA) and SPDR S&P Regional Banking ETF (KRE).
KRE is a passively managed fund by State Street that tracks the performance of the S&P Regional Banks Select Industry Index. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMA or KRE.
Correlation
The correlation between CMA and KRE is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CMA vs. KRE - Performance Comparison
Key characteristics
CMA:
0.13
KRE:
0.30
CMA:
0.42
KRE:
0.65
CMA:
1.06
KRE:
1.08
CMA:
0.09
KRE:
0.24
CMA:
0.50
KRE:
1.16
CMA:
9.05%
KRE:
7.87%
CMA:
34.47%
KRE:
30.28%
CMA:
-78.35%
KRE:
-68.54%
CMA:
-38.07%
KRE:
-28.38%
Returns By Period
In the year-to-date period, CMA achieves a -12.79% return, which is significantly higher than KRE's -14.41% return. Over the past 10 years, CMA has outperformed KRE with an annualized return of 5.45%, while KRE has yielded a comparatively lower 4.83% annualized return.
CMA
-12.79%
-9.37%
-7.08%
4.22%
20.15%
5.45%
KRE
-14.41%
-12.52%
-4.96%
9.34%
14.97%
4.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CMA vs. KRE — Risk-Adjusted Performance Rank
CMA
KRE
CMA vs. KRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Comerica Incorporated (CMA) and SPDR S&P Regional Banking ETF (KRE). 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.
Dividends
CMA vs. KRE - Dividend Comparison
CMA's dividend yield for the trailing twelve months is around 5.33%, more than KRE's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMA Comerica Incorporated | 5.33% | 4.59% | 5.09% | 4.07% | 3.13% | 4.87% | 3.74% | 2.68% | 1.26% | 1.31% | 1.98% | 1.69% |
KRE SPDR S&P Regional Banking ETF | 3.05% | 2.59% | 2.99% | 2.51% | 1.97% | 2.78% | 2.21% | 2.25% | 1.40% | 1.39% | 1.80% | 1.60% |
Drawdowns
CMA vs. KRE - Drawdown Comparison
The maximum CMA drawdown since its inception was -78.35%, which is greater than KRE's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for CMA and KRE. For additional features, visit the drawdowns tool.
Volatility
CMA vs. KRE - Volatility Comparison
Comerica Incorporated (CMA) and SPDR S&P Regional Banking ETF (KRE) have volatilities of 12.75% and 12.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.