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IAT vs. KRE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IAT and KRE is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

IAT vs. KRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Regional Banks ETF (IAT) and SPDR S&P Regional Banking ETF (KRE). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
25.95%
29.09%
IAT
KRE

Key characteristics

Sharpe Ratio

IAT:

1.03

KRE:

0.67

Sortino Ratio

IAT:

1.66

KRE:

1.21

Omega Ratio

IAT:

1.20

KRE:

1.15

Calmar Ratio

IAT:

0.65

KRE:

0.52

Martin Ratio

IAT:

5.61

KRE:

2.79

Ulcer Index

IAT:

4.60%

KRE:

7.13%

Daily Std Dev

IAT:

25.22%

KRE:

29.56%

Max Drawdown

IAT:

-77.22%

KRE:

-68.54%

Current Drawdown

IAT:

-19.34%

KRE:

-15.97%

Returns By Period

In the year-to-date period, IAT achieves a 24.59% return, which is significantly higher than KRE's 19.07% return. Both investments have delivered pretty close results over the past 10 years, with IAT having a 6.41% annualized return and KRE not far ahead at 6.58%.


IAT

YTD

24.59%

1M

-9.47%

6M

25.94%

1Y

25.31%

5Y*

3.01%

10Y*

6.41%

KRE

YTD

19.07%

1M

-10.00%

6M

29.09%

1Y

19.12%

5Y*

3.76%

10Y*

6.58%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IAT vs. KRE - Expense Ratio Comparison

IAT has a 0.42% expense ratio, which is higher than KRE's 0.35% expense ratio.


IAT
iShares U.S. Regional Banks ETF
Expense ratio chart for IAT: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
Expense ratio chart for KRE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

IAT vs. KRE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Regional Banks ETF (IAT) and SPDR S&P Regional Banking ETF (KRE). 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.


Sharpe ratio
The chart of Sharpe ratio for IAT, currently valued at 1.03, compared to the broader market0.002.004.001.030.67
The chart of Sortino ratio for IAT, currently valued at 1.66, compared to the broader market-2.000.002.004.006.008.0010.001.661.21
The chart of Omega ratio for IAT, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.15
The chart of Calmar ratio for IAT, currently valued at 0.65, compared to the broader market0.005.0010.0015.000.650.52
The chart of Martin ratio for IAT, currently valued at 5.61, compared to the broader market0.0020.0040.0060.0080.00100.005.612.79
IAT
KRE

The current IAT Sharpe Ratio is 1.03, which is higher than the KRE Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of IAT and KRE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.03
0.67
IAT
KRE

Dividends

IAT vs. KRE - Dividend Comparison

IAT's dividend yield for the trailing twelve months is around 2.95%, more than KRE's 2.58% yield.


TTM20232022202120202019201820172016201520142013
IAT
iShares U.S. Regional Banks ETF
2.95%3.56%3.12%1.88%2.87%2.49%2.48%1.56%1.52%1.78%1.68%1.56%
KRE
SPDR S&P Regional Banking ETF
2.58%2.99%2.51%1.97%2.78%2.21%2.25%1.40%1.39%1.80%1.60%1.37%

Drawdowns

IAT vs. KRE - Drawdown Comparison

The maximum IAT drawdown since its inception was -77.22%, which is greater than KRE's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for IAT and KRE. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-19.34%
-15.97%
IAT
KRE

Volatility

IAT vs. KRE - Volatility Comparison

The current volatility for iShares U.S. Regional Banks ETF (IAT) is 6.43%, while SPDR S&P Regional Banking ETF (KRE) has a volatility of 7.40%. This indicates that IAT experiences smaller price fluctuations and is considered to be less risky than KRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.43%
7.40%
IAT
KRE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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