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KBWB vs. USRT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KBWB vs. USRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco KBW Bank ETF (KBWB) and iShares Core U.S. REIT ETF (USRT). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.67%
16.31%
KBWB
USRT

Returns By Period

In the year-to-date period, KBWB achieves a 42.78% return, which is significantly higher than USRT's 14.20% return. Over the past 10 years, KBWB has outperformed USRT with an annualized return of 8.94%, while USRT has yielded a comparatively lower 6.50% annualized return.


KBWB

YTD

42.78%

1M

9.25%

6M

26.67%

1Y

65.40%

5Y (annualized)

7.45%

10Y (annualized)

8.94%

USRT

YTD

14.20%

1M

-1.68%

6M

16.31%

1Y

28.25%

5Y (annualized)

5.47%

10Y (annualized)

6.50%

Key characteristics


KBWBUSRT
Sharpe Ratio2.881.79
Sortino Ratio4.142.50
Omega Ratio1.521.31
Calmar Ratio1.591.22
Martin Ratio21.208.20
Ulcer Index3.07%3.56%
Daily Std Dev22.57%16.30%
Max Drawdown-50.27%-69.89%
Current Drawdown-1.02%-2.11%

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KBWB vs. USRT - Expense Ratio Comparison

KBWB has a 0.35% expense ratio, which is higher than USRT's 0.08% expense ratio.


KBWB
Invesco KBW Bank ETF
Expense ratio chart for KBWB: 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%
Expense ratio chart for USRT: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.4

The correlation between KBWB and USRT 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

KBWB vs. USRT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Bank ETF (KBWB) and iShares Core U.S. REIT ETF (USRT). 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 KBWB, currently valued at 2.88, compared to the broader market0.002.004.006.002.881.79
The chart of Sortino ratio for KBWB, currently valued at 4.14, compared to the broader market-2.000.002.004.006.008.0010.0012.004.142.50
The chart of Omega ratio for KBWB, currently valued at 1.52, compared to the broader market0.501.001.502.002.503.001.521.31
The chart of Calmar ratio for KBWB, currently valued at 1.59, compared to the broader market0.005.0010.0015.001.591.22
The chart of Martin ratio for KBWB, currently valued at 21.20, compared to the broader market0.0020.0040.0060.0080.00100.00120.0021.208.20
KBWB
USRT

The current KBWB Sharpe Ratio is 2.88, which is higher than the USRT Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of KBWB and USRT, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.88
1.79
KBWB
USRT

Dividends

KBWB vs. USRT - Dividend Comparison

KBWB's dividend yield for the trailing twelve months is around 2.38%, less than USRT's 2.76% yield.


TTM20232022202120202019201820172016201520142013
KBWB
Invesco KBW Bank ETF
2.38%3.20%3.05%2.13%2.63%2.38%2.54%1.35%1.53%1.53%1.52%1.43%
USRT
iShares Core U.S. REIT ETF
2.76%3.18%3.47%2.27%3.12%3.34%5.66%3.43%3.98%3.59%3.46%3.84%

Drawdowns

KBWB vs. USRT - Drawdown Comparison

The maximum KBWB drawdown since its inception was -50.27%, smaller than the maximum USRT drawdown of -69.89%. Use the drawdown chart below to compare losses from any high point for KBWB and USRT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.02%
-2.11%
KBWB
USRT

Volatility

KBWB vs. USRT - Volatility Comparison

Invesco KBW Bank ETF (KBWB) has a higher volatility of 11.41% compared to iShares Core U.S. REIT ETF (USRT) at 4.73%. This indicates that KBWB's price experiences larger fluctuations and is considered to be riskier than USRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
11.41%
4.73%
KBWB
USRT