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DX vs. KBWD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DX and KBWD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

DX vs. KBWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynex Capital, Inc. (DX) and Invesco KBW High Dividend Yield Financial ETF (KBWD). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
102.96%
131.87%
DX
KBWD

Key characteristics

Sharpe Ratio

DX:

0.69

KBWD:

0.29

Sortino Ratio

DX:

0.99

KBWD:

0.49

Omega Ratio

DX:

1.13

KBWD:

1.06

Calmar Ratio

DX:

0.24

KBWD:

0.35

Martin Ratio

DX:

3.94

KBWD:

1.15

Ulcer Index

DX:

3.35%

KBWD:

4.27%

Daily Std Dev

DX:

19.11%

KBWD:

16.79%

Max Drawdown

DX:

-99.12%

KBWD:

-58.63%

Current Drawdown

DX:

-47.41%

KBWD:

-4.64%

Returns By Period

In the year-to-date period, DX achieves a 12.93% return, which is significantly higher than KBWD's 4.12% return. Over the past 10 years, DX has outperformed KBWD with an annualized return of 4.63%, while KBWD has yielded a comparatively lower 4.14% annualized return.


DX

YTD

12.93%

1M

2.52%

6M

11.36%

1Y

11.85%

5Y*

5.07%

10Y*

4.63%

KBWD

YTD

4.12%

1M

-1.92%

6M

4.05%

1Y

3.41%

5Y*

2.44%

10Y*

4.14%

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

DX vs. KBWD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynex Capital, Inc. (DX) and Invesco KBW High Dividend Yield Financial ETF (KBWD). 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.


Sharpe ratio
The chart of Sharpe ratio for DX, currently valued at 0.69, compared to the broader market-4.00-2.000.002.000.690.29
The chart of Sortino ratio for DX, currently valued at 0.99, compared to the broader market-4.00-2.000.002.004.000.990.49
The chart of Omega ratio for DX, currently valued at 1.13, compared to the broader market0.501.001.502.001.131.06
The chart of Calmar ratio for DX, currently valued at 0.58, compared to the broader market0.002.004.006.000.580.35
The chart of Martin ratio for DX, currently valued at 3.94, compared to the broader market-5.000.005.0010.0015.0020.0025.003.941.15
DX
KBWD

The current DX Sharpe Ratio is 0.69, which is higher than the KBWD Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of DX and KBWD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.69
0.29
DX
KBWD

Dividends

DX vs. KBWD - Dividend Comparison

DX's dividend yield for the trailing twelve months is around 11.54%, more than KBWD's 11.37% yield.


TTM20232022202120202019201820172016201520142013
DX
Dynex Capital, Inc.
11.54%12.46%12.26%9.34%9.33%11.87%12.59%10.27%12.32%15.12%12.12%14.00%
KBWD
Invesco KBW High Dividend Yield Financial ETF
11.37%11.46%11.31%7.27%9.66%8.64%9.47%8.78%8.68%8.89%8.31%7.68%

Drawdowns

DX vs. KBWD - Drawdown Comparison

The maximum DX drawdown since its inception was -99.12%, which is greater than KBWD's maximum drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for DX and KBWD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.71%
-4.64%
DX
KBWD

Volatility

DX vs. KBWD - Volatility Comparison

The current volatility for Dynex Capital, Inc. (DX) is 3.22%, while Invesco KBW High Dividend Yield Financial ETF (KBWD) has a volatility of 4.58%. This indicates that DX experiences smaller price fluctuations and is considered to be less risky than KBWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.22%
4.58%
DX
KBWD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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