PortfoliosLab logo
KBWP vs. KIE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBWP and KIE 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. KIE - Performance Comparison

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

400.00%450.00%500.00%550.00%600.00%NovemberDecember2025FebruaryMarchApril
543.03%
440.78%
KBWP
KIE

Key characteristics

Sharpe Ratio

KBWP:

0.71

KIE:

0.79

Sortino Ratio

KBWP:

1.05

KIE:

1.18

Omega Ratio

KBWP:

1.15

KIE:

1.16

Calmar Ratio

KBWP:

1.16

KIE:

1.23

Martin Ratio

KBWP:

2.93

KIE:

3.47

Ulcer Index

KBWP:

4.89%

KIE:

4.49%

Daily Std Dev

KBWP:

20.08%

KIE:

19.66%

Max Drawdown

KBWP:

-39.77%

KIE:

-75.30%

Current Drawdown

KBWP:

-6.12%

KIE:

-7.90%

Returns By Period

In the year-to-date period, KBWP achieves a 1.69% return, which is significantly higher than KIE's 0.55% return. Over the past 10 years, KBWP has outperformed KIE with an annualized return of 12.92%, while KIE has yielded a comparatively lower 11.65% annualized return.


KBWP

YTD

1.69%

1M

-5.12%

6M

2.81%

1Y

17.17%

5Y*

19.65%

10Y*

12.92%

KIE

YTD

0.55%

1M

-7.01%

6M

1.24%

1Y

18.50%

5Y*

19.23%

10Y*

11.65%

*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. KIE - Expense Ratio Comparison

Both KBWP and KIE have an expense ratio of 0.35%.


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%
Expense ratio chart for KIE: 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%
KIE: 0.35%

Risk-Adjusted Performance

KBWP vs. KIE — 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 7474
Overall Rank
The Sharpe Ratio Rank of KBWP is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of KBWP is 6969
Sortino Ratio Rank
The Omega Ratio Rank of KBWP is 7070
Omega Ratio Rank
The Calmar Ratio Rank of KBWP is 8585
Calmar Ratio Rank
The Martin Ratio Rank of KBWP is 7373
Martin Ratio Rank

KIE
The Risk-Adjusted Performance Rank of KIE is 7777
Overall Rank
The Sharpe Ratio Rank of KIE is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of KIE is 7373
Sortino Ratio Rank
The Omega Ratio Rank of KIE is 7474
Omega Ratio Rank
The Calmar Ratio Rank of KIE is 8686
Calmar Ratio Rank
The Martin Ratio Rank of KIE is 7777
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. KIE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Property & Casualty Insurance ETF (KBWP) and SPDR S&P Insurance ETF (KIE). 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
KIE: 0.79
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
KIE: 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
KIE: 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
KIE: 1.23
The chart of Martin ratio for KBWP, currently valued at 2.93, compared to the broader market0.0020.0040.0060.00
KBWP: 2.93
KIE: 3.47

The current KBWP Sharpe Ratio is 0.71, which is comparable to the KIE Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of KBWP and KIE, 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
0.79
KBWP
KIE

Dividends

KBWP vs. KIE - Dividend Comparison

KBWP's dividend yield for the trailing twelve months is around 1.77%, more than KIE's 1.66% 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%
KIE
SPDR S&P Insurance ETF
1.66%1.48%1.45%1.90%1.95%1.85%1.76%1.83%1.56%1.55%1.65%1.81%

Drawdowns

KBWP vs. KIE - Drawdown Comparison

The maximum KBWP drawdown since its inception was -39.77%, smaller than the maximum KIE drawdown of -75.30%. Use the drawdown chart below to compare losses from any high point for KBWP and KIE. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.12%
-7.90%
KBWP
KIE

Volatility

KBWP vs. KIE - Volatility Comparison

The current volatility for Invesco KBW Property & Casualty Insurance ETF (KBWP) is 11.44%, while SPDR S&P Insurance ETF (KIE) has a volatility of 12.26%. This indicates that KBWP experiences smaller price fluctuations and is considered to be less risky than KIE 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%
12.26%
KBWP
KIE