KBWD vs. RIET
Compare and contrast key facts about Invesco KBW High Dividend Yield Financial ETF (KBWD) and Hoya Capital High Dividend Yield ETF (RIET).
KBWD and RIET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBWD is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Financial Sector Dividend Yield Index. It was launched on Dec 2, 2010. RIET is a passively managed fund by Pettee Investors that tracks the performance of the Hoya Capital High Dividend Yield Index. It was launched on Sep 21, 2021. Both KBWD and RIET 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: KBWD or RIET.
Correlation
The correlation between KBWD and RIET is 0.65, 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.
Performance
KBWD vs. RIET - Performance Comparison
Key characteristics
KBWD:
0.04
RIET:
0.22
KBWD:
0.19
RIET:
0.40
KBWD:
1.03
RIET:
1.05
KBWD:
0.04
RIET:
0.15
KBWD:
0.16
RIET:
0.63
KBWD:
5.23%
RIET:
5.84%
KBWD:
19.59%
RIET:
17.04%
KBWD:
-58.63%
RIET:
-34.61%
KBWD:
-12.44%
RIET:
-19.97%
Returns By Period
In the year-to-date period, KBWD achieves a -5.43% return, which is significantly lower than RIET's -4.91% return.
KBWD
-5.43%
-8.86%
-5.81%
-1.56%
14.02%
3.21%
RIET
-4.91%
-6.89%
-11.13%
2.35%
N/A
N/A
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KBWD vs. RIET - Expense Ratio Comparison
KBWD has a 1.24% expense ratio, which is higher than RIET's 0.50% expense ratio.
Risk-Adjusted Performance
KBWD vs. RIET — Risk-Adjusted Performance Rank
KBWD
RIET
KBWD vs. RIET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW High Dividend Yield Financial ETF (KBWD) and Hoya Capital High Dividend Yield ETF (RIET). 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
KBWD vs. RIET - Dividend Comparison
KBWD's dividend yield for the trailing twelve months is around 13.64%, more than RIET's 11.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWD Invesco KBW High Dividend Yield Financial ETF | 13.64% | 12.45% | 11.45% | 11.32% | 7.26% | 9.68% | 8.63% | 9.47% | 8.77% | 8.68% | 8.89% | 8.31% |
RIET Hoya Capital High Dividend Yield ETF | 11.07% | 10.17% | 9.33% | 9.33% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KBWD vs. RIET - Drawdown Comparison
The maximum KBWD drawdown since its inception was -58.63%, which is greater than RIET's maximum drawdown of -34.61%. Use the drawdown chart below to compare losses from any high point for KBWD and RIET. For additional features, visit the drawdowns tool.
Volatility
KBWD vs. RIET - Volatility Comparison
Invesco KBW High Dividend Yield Financial ETF (KBWD) has a higher volatility of 13.20% compared to Hoya Capital High Dividend Yield ETF (RIET) at 9.26%. This indicates that KBWD's price experiences larger fluctuations and is considered to be riskier than RIET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.