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KBWD vs. COWZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBWD and COWZ is 0.73, 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.


-0.50.00.51.00.7

Performance

KBWD vs. COWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco KBW High Dividend Yield Financial ETF (KBWD) and Pacer US Cash Cows 100 ETF (COWZ). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
38.06%
166.26%
KBWD
COWZ

Key characteristics

Sharpe Ratio

KBWD:

0.29

COWZ:

0.86

Sortino Ratio

KBWD:

0.49

COWZ:

1.29

Omega Ratio

KBWD:

1.06

COWZ:

1.15

Calmar Ratio

KBWD:

0.35

COWZ:

1.35

Martin Ratio

KBWD:

1.15

COWZ:

3.46

Ulcer Index

KBWD:

4.27%

COWZ:

3.37%

Daily Std Dev

KBWD:

16.79%

COWZ:

13.65%

Max Drawdown

KBWD:

-58.63%

COWZ:

-38.63%

Current Drawdown

KBWD:

-4.64%

COWZ:

-7.43%

Returns By Period

In the year-to-date period, KBWD achieves a 4.12% return, which is significantly lower than COWZ's 10.79% return.


KBWD

YTD

4.12%

1M

-1.92%

6M

4.05%

1Y

3.41%

5Y*

2.44%

10Y*

4.14%

COWZ

YTD

10.79%

1M

-4.05%

6M

4.13%

1Y

10.69%

5Y*

15.08%

10Y*

N/A

Compare stocks, funds, or ETFs

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


KBWD vs. COWZ - Expense Ratio Comparison

KBWD has a 1.24% expense ratio, which is higher than COWZ's 0.49% expense ratio.


KBWD
Invesco KBW High Dividend Yield Financial ETF
Expense ratio chart for KBWD: current value at 1.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.24%
Expense ratio chart for COWZ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

KBWD vs. COWZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW High Dividend Yield Financial ETF (KBWD) and Pacer US Cash Cows 100 ETF (COWZ). 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 KBWD, currently valued at 0.29, compared to the broader market0.002.004.000.290.86
The chart of Sortino ratio for KBWD, currently valued at 0.49, compared to the broader market-2.000.002.004.006.008.0010.000.491.29
The chart of Omega ratio for KBWD, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.15
The chart of Calmar ratio for KBWD, currently valued at 0.35, compared to the broader market0.005.0010.0015.000.351.35
The chart of Martin ratio for KBWD, currently valued at 1.15, compared to the broader market0.0020.0040.0060.0080.00100.001.153.46
KBWD
COWZ

The current KBWD Sharpe Ratio is 0.29, which is lower than the COWZ Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of KBWD and COWZ, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.29
0.86
KBWD
COWZ

Dividends

KBWD vs. COWZ - Dividend Comparison

KBWD's dividend yield for the trailing twelve months is around 11.37%, more than COWZ's 1.92% yield.


TTM20232022202120202019201820172016201520142013
KBWD
Invesco KBW High Dividend Yield Financial ETF
11.37%11.46%11.31%7.27%9.66%8.64%9.47%8.78%8.68%8.89%8.31%7.68%
COWZ
Pacer US Cash Cows 100 ETF
1.92%1.92%1.96%1.48%2.54%1.96%1.67%1.94%0.13%0.00%0.00%0.00%

Drawdowns

KBWD vs. COWZ - Drawdown Comparison

The maximum KBWD drawdown since its inception was -58.63%, which is greater than COWZ's maximum drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for KBWD and COWZ. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.64%
-7.43%
KBWD
COWZ

Volatility

KBWD vs. COWZ - Volatility Comparison

Invesco KBW High Dividend Yield Financial ETF (KBWD) and Pacer US Cash Cows 100 ETF (COWZ) have volatilities of 4.58% and 4.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.58%
4.55%
KBWD
COWZ
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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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