GRRR vs. KCE
GRRR (Gorilla Technology Group Inc.) is a stock, while KCE (SPDR S&P Capital Markets ETF) is Financials Equities fund tracking the S&P Capital Markets Select Industry Index. Over the past 3 years, GRRR returned -0.38%/yr vs 24.58%/yr for KCE. At a 0.18 correlation, their price movements are largely independent.
Performance
GRRR vs. KCE - Performance Comparison
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Returns By Period
In the year-to-date period, GRRR achieves a 59.34% return, which is significantly higher than KCE's 3.66% return.
GRRR
- 1D
- -2.14%
- 1M
- 25.54%
- YTD
- 59.34%
- 6M
- 26.64%
- 1Y
- -15.49%
- 3Y*
- -0.38%
- 5Y*
- —
- 10Y*
- —
KCE
- 1D
- 1.60%
- 1M
- 1.26%
- YTD
- 3.66%
- 6M
- 2.73%
- 1Y
- 14.27%
- 3Y*
- 24.58%
- 5Y*
- 12.87%
- 10Y*
- 17.65%
GRRR vs. KCE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GRRR Gorilla Technology Group Inc. | 59.34% | -39.53% | 234.82% | -93.35% | -45.75% |
KCE SPDR S&P Capital Markets ETF | 3.66% | 10.76% | 37.51% | 32.04% | 9.48% |
Correlation
The correlation between GRRR and KCE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.18 |
Over the past year, GRRR and KCE have become more correlated (0.40) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
GRRR vs. KCE — Risk / Return Rank
GRRR
KCE
GRRR vs. KCE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gorilla Technology Group Inc. (GRRR) and SPDR S&P Capital Markets ETF (KCE). 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.
| GRRR | KCE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 0.82 | -1.07 |
| Martin ratioReturn relative to average drawdown | -0.38 | 2.14 | -2.51 |
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Drawdowns
GRRR vs. KCE - Drawdown Comparison
The maximum GRRR drawdown since its inception was -99.38%, which is greater than KCE's maximum drawdown of -74.00%. Use the drawdown chart below to compare losses from any high point for GRRR and KCE.
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Drawdown Indicators
| GRRR | KCE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.38% | -74.00% | -25.38% |
Max Drawdown (1Y)Largest decline over 1 year | -62.45% | -17.44% | -45.01% |
Max Drawdown (3Y)Largest decline over 3 years | -96.27% | -26.31% | -69.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.78% | — |
Current DrawdownCurrent decline from peak | -95.20% | -3.75% | -91.45% |
Average DrawdownAverage peak-to-trough decline | -91.93% | -22.78% | -69.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.22% | 6.70% | +34.52% |
Volatility
GRRR vs. KCE - Volatility Comparison
Gorilla Technology Group Inc. (GRRR) has a higher volatility of 33.91% compared to SPDR S&P Capital Markets ETF (KCE) at 6.04%. This indicates that GRRR's price experiences larger fluctuations and is considered to be riskier than KCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRRR | KCE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.91% | 6.04% | +27.87% |
Volatility (6M)Calculated over the trailing 6-month period | 59.91% | 15.31% | +44.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.88% | 20.12% | +67.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 163.67% | 23.08% | +140.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 163.67% | 23.10% | +140.57% |
Dividends
GRRR vs. KCE - Dividend Comparison
GRRR has not paid dividends to shareholders, while KCE's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRRR Gorilla Technology Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KCE SPDR S&P Capital Markets ETF | 1.67% | 1.63% | 1.56% | 1.82% | 2.42% | 1.53% | 2.20% | 2.32% | 2.67% | 1.95% | 2.30% | 2.43% |
Frequently Asked Questions
GRRR and KCE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRRR has higher volatility (33.91%) compared to KCE (6.04%). In terms of maximum drawdown, GRRR dropped -99.38% vs KCE's -74.00%.
KCE currently has the higher Sharpe Ratio (0.71 vs -0.18), 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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