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:
1.18
KRE:
1.21
CMA:
1.74
KRE:
2.00
CMA:
1.23
KRE:
1.24
CMA:
0.80
KRE:
0.91
CMA:
5.52
KRE:
5.84
CMA:
7.04%
KRE:
5.89%
CMA:
32.99%
KRE:
28.38%
CMA:
-78.35%
KRE:
-68.54%
CMA:
-22.20%
KRE:
-10.95%
Returns By Period
In the year-to-date period, CMA achieves a 9.56% return, which is significantly higher than KRE's 6.41% return. Over the past 10 years, CMA has outperformed KRE with an annualized return of 7.87%, while KRE has yielded a comparatively lower 7.36% annualized return.
CMA
9.56%
2.51%
25.52%
41.57%
6.95%
7.87%
KRE
6.41%
1.82%
18.82%
36.89%
6.00%
7.36%
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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 4.19%, more than KRE's 2.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMA Comerica Incorporated | 4.19% | 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 | 2.44% | 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) has a higher volatility of 8.89% compared to SPDR S&P Regional Banking ETF (KRE) at 5.55%. This indicates that CMA's price experiences larger fluctuations and is considered to be riskier than KRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.