GPMT vs. KREF
GPMT (Granite Point Mortgage Trust Inc.) and KREF (KKR Real Estate Finance Trust Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 5 years, GPMT returned -29.42%/yr vs -10.87%/yr for KREF. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
GPMT vs. KREF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GPMT achieves a -35.71% return, which is significantly lower than KREF's -10.55% return.
GPMT
- 1D
- 6.67%
- 1M
- -0.69%
- 6M
- -27.57%
- YTD
- -35.71%
- 1Y
- -36.42%
- 3Y*
- -29.68%
- 5Y*
- -29.42%
- 10Y*
- —
- ALL TIME*
- -16.78%
KREF
- 1D
- -1.28%
- 1M
- -1.00%
- 6M
- -11.19%
- YTD
- -10.55%
- 1Y
- -14.12%
- 3Y*
- -7.47%
- 5Y*
- -10.87%
- 10Y*
- —
- ALL TIME*
- -1.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $141.51K | $178.67K | $218.13K | |
| $11.73M | $8.76M | $7.87M |
GPMT vs. KREF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GPMT Granite Point Mortgage Trust Inc. | -35.71% | -7.03% | -49.00% | 28.79% | -48.31% | 26.55% | -41.53% | 11.51% | 11.09% | 0.98% |
KREF KKR Real Estate Finance Trust Inc. | -10.55% | -9.25% | -15.80% | 9.15% | -25.89% | 27.86% | -2.82% | 16.15% | 4.26% | -0.42% |
Correlation
The correlation between GPMT and KREF is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2017 | 0.57 |
Over the past year, the correlation between GPMT and KREF has dropped to 0.34 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
Fundamentals
GPMT:
$69.00M
KREF:
$447.53M
GPMT:
-$0.85
KREF:
-$2.95
GPMT:
0.51
KREF:
1.32
GPMT:
0.13
KREF:
0.47
GPMT:
$132.94M
KREF:
$341.29M
GPMT:
$74.25M
KREF:
$279.11M
GPMT:
$16.09M
KREF:
$159.07M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GPMT vs. KREF — Risk / Return Rank
GPMT
KREF
GPMT vs. KREF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Granite Point Mortgage Trust Inc. (GPMT) and KKR Real Estate Finance Trust Inc. (KREF). 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.
| GPMT | KREF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.95 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.40 | -0.28 |
| Martin ratioReturn relative to average drawdown | -1.06 | -0.73 | -0.34 |
Loading charts...
Drawdowns
GPMT vs. KREF - Drawdown Comparison
The maximum GPMT drawdown since its inception was -87.96%, which is greater than KREF's maximum drawdown of -57.33%. Use the drawdown chart below to compare losses from any high point for GPMT and KREF.
Loading charts...
Drawdown Indicators
| GPMT | KREF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.96% | -57.33% | -30.63% |
Max Drawdown (1Y)Largest decline over 1 year | -54.89% | -34.53% | -20.36% |
Max Drawdown (3Y)Largest decline over 3 years | -74.35% | -44.87% | -29.48% |
Max Drawdown (5Y)Largest decline over 5 years | -84.73% | -57.33% | -27.40% |
Current DrawdownCurrent decline from peak | -85.23% | -48.56% | -36.67% |
Average DrawdownAverage peak-to-trough decline | -41.39% | -19.98% | -21.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.94% | 19.03% | +15.91% |
Volatility
GPMT vs. KREF - Volatility Comparison
Granite Point Mortgage Trust Inc. (GPMT) has a higher volatility of 12.53% compared to KKR Real Estate Finance Trust Inc. (KREF) at 9.79%. This indicates that GPMT's price experiences larger fluctuations and is considered to be riskier than KREF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GPMT | KREF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.53% | 9.79% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 36.87% | 26.10% | +10.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.46% | 31.11% | +14.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.14% | 30.27% | +13.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.12% | 30.77% | +54.35% |
Dividends
GPMT vs. KREF - Dividend Comparison
GPMT's dividend yield for the trailing twelve months is around 13.89%, more than KREF's 12.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GPMT Granite Point Mortgage Trust Inc. | 13.89% | 8.33% | 10.75% | 13.47% | 17.72% | 8.54% | 6.51% | 9.14% | 8.99% | 3.95% |
KREF KKR Real Estate Finance Trust Inc. | 12.21% | 12.17% | 9.90% | 13.00% | 12.32% | 9.53% | 9.60% | 8.42% | 8.83% | 4.95% |
Financials
GPMT vs. KREF - Financials Comparison
This section allows you to compare key financial metrics between Granite Point Mortgage Trust Inc. and KKR Real Estate Finance Trust Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
GPMT and KREF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPMT has higher volatility (12.53%) compared to KREF (9.79%). In terms of maximum drawdown, GPMT dropped -87.96% vs KREF's -57.33%.
KREF currently has the higher Sharpe Ratio (-0.45 vs -0.82), 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.
Find the right allocation for GPMT and KREF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer