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KBWP vs. IAK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBWP and IAK is 0.50, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

KBWP vs. IAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco KBW Property & Casualty Insurance ETF (KBWP) and iShares U.S. Insurance ETF (IAK). The values are adjusted to include any dividend payments, if applicable.

450.00%500.00%550.00%600.00%NovemberDecember2025FebruaryMarchApril
543.03%
460.89%
KBWP
IAK

Key characteristics

Sharpe Ratio

KBWP:

0.71

IAK:

0.80

Sortino Ratio

KBWP:

1.05

IAK:

1.18

Omega Ratio

KBWP:

1.15

IAK:

1.16

Calmar Ratio

KBWP:

1.16

IAK:

1.37

Martin Ratio

KBWP:

2.93

IAK:

3.73

Ulcer Index

KBWP:

4.89%

IAK:

4.24%

Daily Std Dev

KBWP:

20.08%

IAK:

19.79%

Max Drawdown

KBWP:

-39.77%

IAK:

-77.38%

Current Drawdown

KBWP:

-6.12%

IAK:

-6.48%

Returns By Period

In the year-to-date period, KBWP achieves a 1.69% return, which is significantly lower than IAK's 2.97% return. Both investments have delivered pretty close results over the past 10 years, with KBWP having a 12.84% annualized return and IAK not far behind at 12.25%.


KBWP

YTD

1.69%

1M

-4.48%

6M

2.81%

1Y

15.62%

5Y*

20.40%

10Y*

12.84%

IAK

YTD

2.97%

1M

-5.11%

6M

2.43%

1Y

17.03%

5Y*

23.29%

10Y*

12.25%

*Annualized

Compare stocks, funds, or ETFs

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


KBWP vs. IAK - Expense Ratio Comparison

KBWP has a 0.35% expense ratio, which is lower than IAK's 0.43% expense ratio.


Expense ratio chart for IAK: current value is 0.43%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IAK: 0.43%
Expense ratio chart for KBWP: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KBWP: 0.35%

Risk-Adjusted Performance

KBWP vs. IAK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KBWP
The Risk-Adjusted Performance Rank of KBWP is 7272
Overall Rank
The Sharpe Ratio Rank of KBWP is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of KBWP is 6767
Sortino Ratio Rank
The Omega Ratio Rank of KBWP is 6868
Omega Ratio Rank
The Calmar Ratio Rank of KBWP is 8585
Calmar Ratio Rank
The Martin Ratio Rank of KBWP is 7272
Martin Ratio Rank

IAK
The Risk-Adjusted Performance Rank of IAK is 7777
Overall Rank
The Sharpe Ratio Rank of IAK is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of IAK is 7272
Sortino Ratio Rank
The Omega Ratio Rank of IAK is 7272
Omega Ratio Rank
The Calmar Ratio Rank of IAK is 8888
Calmar Ratio Rank
The Martin Ratio Rank of IAK is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KBWP vs. IAK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Property & Casualty Insurance ETF (KBWP) and iShares U.S. Insurance ETF (IAK). 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.


The chart of Sharpe ratio for KBWP, currently valued at 0.71, compared to the broader market-1.000.001.002.003.004.00
KBWP: 0.71
IAK: 0.80
The chart of Sortino ratio for KBWP, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.00
KBWP: 1.05
IAK: 1.18
The chart of Omega ratio for KBWP, currently valued at 1.15, compared to the broader market0.501.001.502.002.50
KBWP: 1.15
IAK: 1.16
The chart of Calmar ratio for KBWP, currently valued at 1.16, compared to the broader market0.002.004.006.008.0010.0012.00
KBWP: 1.16
IAK: 1.37
The chart of Martin ratio for KBWP, currently valued at 2.93, compared to the broader market0.0020.0040.0060.00
KBWP: 2.93
IAK: 3.73

The current KBWP Sharpe Ratio is 0.71, which is comparable to the IAK Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of KBWP and IAK, 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 Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.71
0.80
KBWP
IAK

Dividends

KBWP vs. IAK - Dividend Comparison

KBWP's dividend yield for the trailing twelve months is around 1.77%, more than IAK's 1.74% yield.


TTM20242023202220212020201920182017201620152014
KBWP
Invesco KBW Property & Casualty Insurance ETF
1.77%1.64%1.68%1.99%3.02%1.93%1.99%2.11%1.90%2.14%1.35%2.73%
IAK
iShares U.S. Insurance ETF
1.74%1.49%1.44%1.69%2.26%2.07%1.84%2.33%1.62%1.68%1.62%1.57%

Drawdowns

KBWP vs. IAK - Drawdown Comparison

The maximum KBWP drawdown since its inception was -39.77%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for KBWP and IAK. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.12%
-6.48%
KBWP
IAK

Volatility

KBWP vs. IAK - Volatility Comparison

The current volatility for Invesco KBW Property & Casualty Insurance ETF (KBWP) is 11.44%, while iShares U.S. Insurance ETF (IAK) has a volatility of 12.17%. This indicates that KBWP experiences smaller price fluctuations and is considered to be less risky than IAK 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%NovemberDecember2025FebruaryMarchApril
11.44%
12.17%
KBWP
IAK