FDIQ vs. KIE
FDIQ (Invesco Bloomberg Financial Data Providers ETF) and KIE (SPDR S&P Insurance ETF) are both Financials Equities funds - FDIQ tracks the Bloomberg Financial Data Providers Index while KIE tracks the S&P Insurance Select Industry Index. Both are passively managed. Over the past 10 years, FDIQ returned 7.60%/yr vs 10.42%/yr for KIE. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.
Performance
FDIQ vs. KIE - Performance Comparison
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Returns By Period
In the year-to-date period, FDIQ achieves a 9.72% return, which is significantly higher than KIE's -9.36% return. Over the past 10 years, FDIQ has underperformed KIE with an annualized return of 7.60%, while KIE has yielded a comparatively higher 10.42% annualized return.
FDIQ
- 1D
- -0.97%
- 1M
- -5.53%
- YTD
- 9.72%
- 6M
- 10.28%
- 1Y
- 22.98%
- 3Y*
- 18.27%
- 5Y*
- 3.82%
- 10Y*
- 7.60%
KIE
- 1D
- -1.61%
- 1M
- -3.59%
- YTD
- -9.36%
- 6M
- -7.05%
- 1Y
- -7.54%
- 3Y*
- 12.94%
- 5Y*
- 8.23%
- 10Y*
- 10.42%
FDIQ vs. KIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 9.72% | 6.32% | 12.76% | -0.84% | -7.23% | 36.05% | -8.95% | 23.57% | -18.31% | 1.81% |
KIE SPDR S&P Insurance ETF | -9.36% | 8.12% | 26.95% | 12.18% | 3.48% | 22.75% | -3.04% | 27.19% | -5.99% | 12.83% |
Correlation
The correlation between FDIQ and KIE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2011 | 0.70 |
The correlation between FDIQ and KIE shifts across timeframes, from 0.56 (1 year) to 0.71 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
FDIQ vs. KIE — Risk / Return Rank
FDIQ
KIE
FDIQ vs. KIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Financial Data Providers ETF (FDIQ) and SPDR S&P Insurance ETF (KIE). 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.
| FDIQ | KIE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.94 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | -0.64 | +2.71 |
| Martin ratioReturn relative to average drawdown | 5.26 | -1.57 | +6.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDIQ | KIE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | -0.47 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.45 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.49 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.28 | +0.09 |
Drawdowns
FDIQ vs. KIE - Drawdown Comparison
The maximum FDIQ drawdown since its inception was -52.86%, smaller than the maximum KIE drawdown of -75.30%. Use the drawdown chart below to compare losses from any high point for FDIQ and KIE.
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Drawdown Indicators
| FDIQ | KIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.86% | -75.30% | +22.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -11.81% | +0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -28.09% | -12.65% | -15.44% |
Max Drawdown (5Y)Largest decline over 5 years | -42.99% | -15.68% | -27.31% |
Max Drawdown (10Y)Largest decline over 10 years | -52.86% | -44.31% | -8.55% |
Current DrawdownCurrent decline from peak | -8.53% | -10.67% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -11.56% | -12.04% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 4.81% | -0.43% |
Volatility
FDIQ vs. KIE - Volatility Comparison
The current volatility for Invesco Bloomberg Financial Data Providers ETF (FDIQ) is 4.06%, while SPDR S&P Insurance ETF (KIE) has a volatility of 4.59%. This indicates that FDIQ experiences smaller price fluctuations and is considered to be less risky than KIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDIQ | KIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 4.59% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 13.93% | 11.16% | +2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 16.10% | +6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.70% | 18.37% | +10.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.12% | 21.17% | +9.95% |
FDIQ vs. KIE - Expense Ratio Comparison
Both FDIQ and KIE have an expense ratio of 0.35%.
Dividends
FDIQ vs. KIE - Dividend Comparison
FDIQ's dividend yield for the trailing twelve months is around 2.56%, more than KIE's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 2.56% | 2.66% | 2.69% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% |
KIE SPDR S&P Insurance ETF | 1.71% | 1.57% | 1.48% | 1.45% | 1.90% | 1.95% | 1.85% | 1.76% | 1.83% | 1.56% | 1.55% | 1.65% |
Frequently Asked Questions
FDIQ and KIE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KIE has higher volatility (4.59%) compared to FDIQ (4.06%). In terms of maximum drawdown, FDIQ dropped -52.86% vs KIE's -75.30%.
On 10-year performance, KIE leads with 10.42% vs 7.60% for FDIQ. Both ETFs have the same 0.35% expense ratio. On volatility, FDIQ has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, KIE has performed better with a 10.42% return vs 7.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIQ and KIE have the same expense ratio: 0.35% per year.
FDIQ has the higher dividend yield at 2.56%, compared with 1.71% for KIE.
FDIQ tracks Bloomberg Financial Data Providers Index, while KIE tracks S&P Insurance Select Industry Index. They also come from different issuers: Invesco and State Street.
FDIQ currently has the higher Sharpe Ratio (1.04 vs -0.47), 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.
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