CTBI vs. KRE

Last updated Jun 4, 2026

CTBI (Community Trust Bancorp, Inc.) is a stock, while KRE (SPDR S&P Regional Banking ETF) is Financials Equities fund tracking the S&P Regional Banks Select Industry Index. Over the past 10 years, CTBI returned 10.28%/yr vs 7.80%/yr for KRE. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

CTBI vs. KRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Community Trust Bancorp, Inc. (CTBI) and SPDR S&P Regional Banking ETF (KRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTBI achieves a 16.78% return, which is significantly higher than KRE's 5.35% return. Over the past 10 years, CTBI has outperformed KRE with an annualized return of 10.28%, while KRE has yielded a comparatively lower 7.80% annualized return.

CTBI

• 1D: -2.82%
• 1M: 1.48%
• YTD: 16.78%
• 6M: 16.62%
• 1Y: 31.79%
• 3Y*: 26.72%
• 5Y*: 12.54%
• 10Y*: 10.28%

KRE

• 1D: -2.39%
• 1M: -1.61%
• YTD: 5.35%
• 6M: 6.27%
• 1Y: 21.36%
• 3Y*: 20.63%
• 5Y*: 1.92%
• 10Y*: 7.80%

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

CTBI vs. KRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CTBI Community Trust Bancorp, Inc.	16.78%	10.51%	25.91%	-0.02%	9.56%	22.06%	-16.79%	21.94%	-13.37%	-2.27%
KRE SPDR S&P Regional Banking ETF	5.35%	10.21%	18.58%	-7.61%	-15.08%	39.29%	-7.43%	27.44%	-18.81%	7.49%

Correlation

The correlation between CTBI and KRE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jun 23, 2006	0.76

The correlation between CTBI and KRE has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

Return for Risk

CTBI vs. KRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CTBI

CTBI Risk / Return Rank: 75
CTBI Sharpe Ratio Rank: 76
CTBI Sortino Ratio Rank: 73
CTBI Omega Ratio Rank: 70
CTBI Calmar Ratio Rank: 79
CTBI Martin Ratio Rank: 79

KRE

KRE Risk / Return Rank: 26
KRE Sharpe Ratio Rank: 25
KRE Sortino Ratio Rank: 25
KRE Omega Ratio Rank: 26
KRE Calmar Ratio Rank: 29
KRE Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CTBI vs. KRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Community Trust Bancorp, Inc. (CTBI) 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.

	CTBI	KRE	Difference
Sharpe ratio: Return per unit of total volatility	1.22	0.92	+0.30
Sortino ratio: Return per unit of downside risk	1.89	1.39	+0.50
Omega ratio: Gain probability vs. loss probability	1.23	1.18	+0.05
Calmar ratio: Return relative to maximum drawdown	2.56	1.44	+1.12
Martin ratio: Return relative to average drawdown	6.23	3.72	+2.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTBI vs. KRE - Sharpe Ratio Comparison

The current CTBI Sharpe Ratio is 1.22, which is higher than the KRE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of CTBI and KRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CTBI	KRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.92	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.06	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.24	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.13	+0.15

Drawdowns

CTBI vs. KRE - Drawdown Comparison

The maximum CTBI drawdown since its inception was -44.99%, smaller than the maximum KRE drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for CTBI and KRE.

Drawdown Indicators

	CTBI	KRE	Difference
Max Drawdown Largest peak-to-trough decline	-44.99%	-68.54%	+23.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.48%	-14.95%	+2.47%
Max Drawdown (3Y) Largest decline over 3 years	-23.74%	-28.20%	+4.46%
Max Drawdown (5Y) Largest decline over 5 years	-29.22%	-52.69%	+23.47%
Max Drawdown (10Y) Largest decline over 10 years	-43.03%	-54.92%	+11.89%
Current Drawdown Current decline from peak	-3.04%	-7.27%	+4.23%
Average Drawdown Average peak-to-trough decline	-14.96%	-21.90%	+6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	5.75%	-0.63%

Volatility

CTBI vs. KRE - Volatility Comparison

Community Trust Bancorp, Inc. (CTBI) and SPDR S&P Regional Banking ETF (KRE) have volatilities of 5.95% and 6.14%, 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.

Volatility by Period

	CTBI	KRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.95%	6.14%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	19.14%	15.84%	+3.30%
Volatility (1Y) Calculated over the trailing 1-year period	26.23%	23.37%	+2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.11%	29.98%	-3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.28%	31.92%	-2.64%

Dividends

CTBI vs. KRE - Dividend Comparison

CTBI's dividend yield for the trailing twelve months is around 3.15%, more than KRE's 2.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTBI Community Trust Bancorp, Inc.	3.15%	3.54%	3.51%	4.10%	3.66%	3.60%	4.13%	3.17%	3.48%	2.76%	2.54%	3.49%
KRE SPDR S&P Regional Banking ETF	2.32%	2.45%	2.59%	2.99%	2.51%	1.97%	2.78%	2.21%	2.48%	1.40%	1.40%	1.80%

Frequently Asked Questions

Can I hold both CTBI and KRE in my portfolio?

CTBI and KRE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CTBI or KRE?

KRE has higher volatility (6.14%) compared to CTBI (5.95%). In terms of maximum drawdown, CTBI dropped -44.99% vs KRE's -68.54%.

Which has better risk-adjusted returns?

CTBI currently has the higher Sharpe Ratio (1.22 vs 0.92), 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.