KBWP vs. TRV
Compare and contrast key facts about Invesco KBW Property & Casualty Insurance ETF (KBWP) and The Travelers Companies, Inc. (TRV).
KBWP is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Property & Casualty (TR). It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWP or TRV.
Correlation
The correlation between KBWP and TRV is 0.71, 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.
Performance
KBWP vs. TRV - Performance Comparison
Key characteristics
KBWP:
2.06
TRV:
1.42
KBWP:
2.72
TRV:
1.93
KBWP:
1.38
TRV:
1.30
KBWP:
3.45
TRV:
2.75
KBWP:
11.90
TRV:
6.10
KBWP:
2.74%
TRV:
5.46%
KBWP:
15.81%
TRV:
23.47%
KBWP:
-39.77%
TRV:
-55.11%
KBWP:
-7.87%
TRV:
-9.33%
Returns By Period
The year-to-date returns for both stocks are quite close, with KBWP having a 30.02% return and TRV slightly lower at 28.69%. Over the past 10 years, KBWP has outperformed TRV with an annualized return of 12.89%, while TRV has yielded a comparatively lower 10.98% annualized return.
KBWP
30.02%
-3.95%
13.02%
32.06%
12.62%
12.89%
TRV
28.69%
-7.30%
15.74%
31.94%
14.62%
10.98%
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Risk-Adjusted Performance
KBWP vs. TRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Property & Casualty Insurance ETF (KBWP) and The Travelers Companies, Inc. (TRV). 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
KBWP vs. TRV - Dividend Comparison
KBWP's dividend yield for the trailing twelve months is around 0.97%, less than TRV's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWP Invesco KBW Property & Casualty Insurance ETF | 0.97% | 1.68% | 1.99% | 3.02% | 1.93% | 1.99% | 2.11% | 1.90% | 2.14% | 1.35% | 2.73% | 1.72% |
TRV The Travelers Companies, Inc. | 1.72% | 2.06% | 1.96% | 2.23% | 2.40% | 2.36% | 2.53% | 2.09% | 2.14% | 2.11% | 2.03% | 2.16% |
Drawdowns
KBWP vs. TRV - Drawdown Comparison
The maximum KBWP drawdown since its inception was -39.77%, smaller than the maximum TRV drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for KBWP and TRV. For additional features, visit the drawdowns tool.
Volatility
KBWP vs. TRV - Volatility Comparison
The current volatility for Invesco KBW Property & Casualty Insurance ETF (KBWP) is 5.14%, while The Travelers Companies, Inc. (TRV) has a volatility of 6.19%. This indicates that KBWP experiences smaller price fluctuations and is considered to be less risky than TRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.