FDIV vs. KBWY
FDIV (MarketDesk Focused U.S. Dividend ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both exchange-traded funds - FDIV is a Dividend fund actively managed by MarketDesk, while KBWY is a REIT fund tracking the KBW Nasdaq Premium Yield Equity REIT Index. FDIV is actively managed, while KBWY is passively managed. Over the past 10 years, FDIV returned -1.87%/yr vs 1.46%/yr for KBWY. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.
Performance
FDIV vs. KBWY - Performance Comparison
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Returns By Period
In the year-to-date period, FDIV achieves a 3.41% return, which is significantly lower than KBWY's 22.56% return. Over the past 10 years, FDIV has underperformed KBWY with an annualized return of -1.87%, while KBWY has yielded a comparatively higher 1.46% annualized return.
FDIV
- 1D
- 0.68%
- 1M
- 0.80%
- YTD
- 3.41%
- 6M
- 3.04%
- 1Y
- 10.22%
- 3Y*
- -11.28%
- 5Y*
- -7.96%
- 10Y*
- -1.87%
KBWY
- 1D
- 1.25%
- 1M
- 4.73%
- YTD
- 22.56%
- 6M
- 24.93%
- 1Y
- 25.07%
- 3Y*
- 11.98%
- 5Y*
- 3.00%
- 10Y*
- 1.46%
FDIV vs. KBWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 3.41% | 2.95% | -37.35% | 6.78% | -9.97% | 10.20% | -2.84% | 15.78% | -5.04% | 6.19% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 22.56% | -5.30% | -3.49% | 12.88% | -19.00% | 31.22% | -25.83% | 23.36% | -18.20% | 0.81% |
Correlation
The correlation between FDIV and KBWY is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2014 | 0.49 |
The correlation between FDIV and KBWY shifts across timeframes, from 0.49 (all time) to 0.62 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FDIV vs. KBWY — Risk / Return Rank
FDIV
KBWY
FDIV vs. KBWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDIV | KBWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.72 | -1.44 |
| Martin ratioReturn relative to average drawdown | 3.34 | 6.48 | -3.14 |
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Drawdowns
FDIV vs. KBWY - Drawdown Comparison
The maximum FDIV drawdown since its inception was -47.90%, smaller than the maximum KBWY drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for FDIV and KBWY.
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Drawdown Indicators
| FDIV | KBWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.90% | -57.68% | +9.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -9.24% | +1.23% |
Max Drawdown (3Y)Largest decline over 3 years | -45.64% | -29.93% | -15.71% |
Max Drawdown (5Y)Largest decline over 5 years | -47.90% | -32.29% | -15.61% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | -57.68% | +9.78% |
Current DrawdownCurrent decline from peak | -36.39% | -6.64% | -29.75% |
Average DrawdownAverage peak-to-trough decline | -11.25% | -14.15% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 3.88% | -0.81% |
Volatility
FDIV vs. KBWY - Volatility Comparison
The current volatility for MarketDesk Focused U.S. Dividend ETF (FDIV) is 3.37%, while Invesco KBW Premium Yield Equity REIT ETF (KBWY) has a volatility of 4.85%. This indicates that FDIV experiences smaller price fluctuations and is considered to be less risky than KBWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDIV | KBWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 4.85% | -1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 12.16% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 16.79% | -3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.85% | 21.61% | -0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 27.08% | -9.52% |
FDIV vs. KBWY - Expense Ratio Comparison
Both FDIV and KBWY have an expense ratio of 0.35%.
Dividends
FDIV vs. KBWY - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.81%, less than KBWY's 8.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.81% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.28% | 9.79% | 8.74% | 7.90% | 7.41% | 5.05% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% |
Frequently Asked Questions
FDIV and KBWY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBWY has higher volatility (4.85%) compared to FDIV (3.37%). In terms of maximum drawdown, FDIV dropped -47.90% vs KBWY's -57.68%.
On 10-year performance, KBWY leads with 1.46% vs -1.87% for FDIV. Both ETFs have the same 0.35% expense ratio. On volatility, FDIV has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, KBWY has performed better with a 1.46% return vs -1.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIV and KBWY have the same expense ratio: 0.35% per year.
KBWY has the higher dividend yield at 8.28%, compared with 2.81% for FDIV.
FDIV is categorized as Dividend, while KBWY is REIT. They also come from different issuers: MarketDesk and Invesco.
KBWY currently has the higher Sharpe Ratio (1.50 vs 0.81), 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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