KBWB vs. DPST
Compare and contrast key facts about Invesco KBW Bank ETF (KBWB) and Direxion Daily Regional Banks Bull 3X Shares (DPST).
KBWB and DPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBWB is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Bank Index. It was launched on Nov 1, 2011. DPST is a passively managed fund by Direxion that tracks the performance of the Solactive US Regional Banks Total Return Index (300%). It was launched on Aug 19, 2015. Both KBWB and DPST are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWB or DPST.
Correlation
The correlation between KBWB and DPST is 0.90, 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.
Performance
KBWB vs. DPST - Performance Comparison
Key characteristics
KBWB:
0.60
DPST:
-0.06
KBWB:
1.00
DPST:
0.61
KBWB:
1.14
DPST:
1.08
KBWB:
0.57
DPST:
-0.06
KBWB:
2.52
DPST:
-0.23
KBWB:
6.65%
DPST:
25.86%
KBWB:
27.92%
DPST:
94.82%
KBWB:
-50.27%
DPST:
-97.73%
KBWB:
-20.38%
DPST:
-96.59%
Returns By Period
In the year-to-date period, KBWB achieves a -12.02% return, which is significantly higher than DPST's -47.66% return.
KBWB
-12.02%
-7.03%
-6.58%
16.44%
14.83%
7.01%
DPST
-47.66%
-33.02%
-48.47%
-5.08%
-6.57%
N/A
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KBWB vs. DPST - Expense Ratio Comparison
KBWB has a 0.35% expense ratio, which is lower than DPST's 0.99% expense ratio.
Risk-Adjusted Performance
KBWB vs. DPST — Risk-Adjusted Performance Rank
KBWB
DPST
KBWB vs. DPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Bank ETF (KBWB) and Direxion Daily Regional Banks Bull 3X Shares (DPST). 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
KBWB vs. DPST - Dividend Comparison
KBWB's dividend yield for the trailing twelve months is around 2.79%, less than DPST's 2.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWB Invesco KBW Bank ETF | 2.79% | 2.46% | 3.20% | 3.05% | 2.13% | 2.63% | 2.38% | 2.54% | 1.35% | 1.53% | 1.53% | 1.52% |
DPST Direxion Daily Regional Banks Bull 3X Shares | 2.84% | 1.55% | 1.78% | 1.51% | 0.59% | 0.90% | 1.29% | 2.18% | 0.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
KBWB vs. DPST - Drawdown Comparison
The maximum KBWB drawdown since its inception was -50.27%, smaller than the maximum DPST drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for KBWB and DPST. For additional features, visit the drawdowns tool.
Volatility
KBWB vs. DPST - Volatility Comparison
The current volatility for Invesco KBW Bank ETF (KBWB) is 16.96%, while Direxion Daily Regional Banks Bull 3X Shares (DPST) has a volatility of 51.32%. This indicates that KBWB experiences smaller price fluctuations and is considered to be less risky than DPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.