HTGC vs. KBWY
Compare and contrast key facts about Hercules Capital, Inc. (HTGC) and Invesco KBW Premium Yield Equity REIT ETF (KBWY).
KBWY is a passively managed fund by Invesco that tracks the performance of the KBW Premium Yield Equity REIT Index. It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTGC or KBWY.
Performance
HTGC vs. KBWY - Performance Comparison
Returns By Period
In the year-to-date period, HTGC achieves a 23.12% return, which is significantly higher than KBWY's 2.83% return. Over the past 10 years, HTGC has outperformed KBWY with an annualized return of 13.03%, while KBWY has yielded a comparatively lower 1.76% annualized return.
HTGC
23.12%
-4.56%
1.20%
31.14%
17.95%
13.03%
KBWY
2.83%
-7.43%
11.89%
17.00%
-1.43%
1.76%
Key characteristics
| HTGC | KBWY | |
|---|---|---|
| Sharpe Ratio | 1.46 | 0.86 |
| Sortino Ratio | 1.79 | 1.32 |
| Omega Ratio | 1.31 | 1.17 |
| Calmar Ratio | 1.73 | 0.61 |
| Martin Ratio | 5.74 | 2.02 |
| Ulcer Index | 5.51% | 8.72% |
| Daily Std Dev | 21.71% | 20.47% |
| Max Drawdown | -68.29% | -57.68% |
| Current Drawdown | -9.17% | -14.26% |
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Correlation
The correlation between HTGC and KBWY is 0.42, 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.
Risk-Adjusted Performance
HTGC vs. KBWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hercules Capital, Inc. (HTGC) 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.
Dividends
HTGC vs. KBWY - Dividend Comparison
HTGC's dividend yield for the trailing twelve months is around 8.48%, more than KBWY's 8.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTGC Hercules Capital, Inc. | 8.48% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% | 6.77% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.12% | 7.90% | 7.41% | 5.06% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% | 4.85% |
Drawdowns
HTGC vs. KBWY - Drawdown Comparison
The maximum HTGC drawdown since its inception was -68.29%, which is greater than KBWY's maximum drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for HTGC and KBWY. For additional features, visit the drawdowns tool.
Volatility
HTGC vs. KBWY - Volatility Comparison
Hercules Capital, Inc. (HTGC) has a higher volatility of 5.47% compared to Invesco KBW Premium Yield Equity REIT ETF (KBWY) at 4.32%. This indicates that HTGC's price experiences larger fluctuations and is considered to be riskier than KBWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.