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KBWP vs. VTI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KBWP vs. VTI

Last updated Jun 14, 2026

KBWP (Invesco KBW Property & Casualty Insurance ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - KBWP is a Financials Equities fund tracking the KBW Nasdaq Property & Casualty (TR), while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, KBWP returned 12.09%/yr vs 15.02%/yr for VTI. At a 0.48 correlation, their price movements are largely independent. KBWP charges 0.35%/yr vs 0.03%/yr for VTI.

Performance

KBWP vs. VTI - Performance Comparison

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

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Returns By Period

In the year-to-date period, KBWP achieves a -3.45% return, which is significantly lower than VTI's 9.62% return. Over the past 10 years, KBWP has underperformed VTI with an annualized return of 12.09%, while VTI has yielded a comparatively higher 15.02% annualized return.

KBWP

1D
0.54%
1M
3.51%
YTD
-3.45%
6M
-2.31%
1Y
1.98%
3Y*
16.13%
5Y*
11.67%
10Y*
12.09%

VTI

1D
0.57%
1M
-0.28%
YTD
9.62%
6M
9.69%
1Y
26.27%
3Y*
20.60%
5Y*
12.20%
10Y*
15.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KBWP vs. VTI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
KBWP
Invesco KBW Property & Casualty Insurance ETF		-3.45%11.49%30.45%7.09%10.16%20.61%-2.05%28.67%-2.76%8.86%
VTI
Vanguard Total Stock Market ETF		9.62%17.10%23.81%26.05%-19.52%25.68%21.08%30.67%-5.23%21.21%

Correlation

The correlation between KBWP and VTI is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Dec 22, 2010

0.48

Over the past year, the correlation between KBWP and VTI has dropped to 0.06 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

KBWP vs. VTI - Sectors Allocation Comparison

Sectors
KBWP
VTI

Financial Services

100.0%
11.9%

Basic Materials

-

2.0%

Communication Services

-

10.1%

Consumer Cyclical

-

9.8%

Consumer Defensive

-

4.7%

Energy

-

3.8%

Healthcare

-

9.1%

Industrials

-

9.5%

Real Estate

-

2.4%

Technology

-

33.3%

Utilities

-

2.7%

Financial Services

KBWP
100.0%
VTI
11.9%

Basic Materials

KBWP

-

VTI
2.0%

Communication Services

KBWP

-

VTI
10.1%

Consumer Cyclical

KBWP

-

VTI
9.8%

Consumer Defensive

KBWP

-

VTI
4.7%

Energy

KBWP

-

VTI
3.8%

Healthcare

KBWP

-

VTI
9.1%

Industrials

KBWP

-

VTI
9.5%

Real Estate

KBWP

-

VTI
2.4%

Technology

KBWP

-

VTI
33.3%

Utilities

KBWP

-

VTI
2.7%

Compare stocks, funds, or ETFs

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

Invesco KBW Property & Casualty Insurance ETF

Vanguard Total Stock Market ETF

Often compared with KBWP:
KBWP vs. IAKKBWP vs. KIEKBWP vs. KBEKBWP vs. ACGLKBWP vs. PSCFKBWP vs. TRVKBWP vs. VOO
Often compared with VTI:
VTI vs. VOOVTI vs. VXUSVTI vs. SPYVTI vs. VTVTI vs. SCHDVTI vs. FZROXVTI vs. QQQ

Return for Risk

KBWP vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KBWP
KBWP Risk / Return Rank: 1010
Overall Rank
KBWP Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
KBWP Sortino Ratio Rank: 1010
Sortino Ratio Rank
KBWP Omega Ratio Rank: 1010
Omega Ratio Rank
KBWP Calmar Ratio Rank: 1111
Calmar Ratio Rank
KBWP Martin Ratio Rank: 1111
Martin Ratio Rank
VTI
VTI Risk / Return Rank: 7070
Overall Rank
VTI Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VTI Sortino Ratio Rank: 6868
Sortino Ratio Rank
VTI Omega Ratio Rank: 6969
Omega Ratio Rank
VTI Calmar Ratio Rank: 6464
Calmar Ratio Rank
VTI Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KBWP vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Property & Casualty Insurance ETF (KBWP) and Vanguard Total Stock Market ETF (VTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

KBWPVTIDifference
Sharpe ratioReturn per unit of total volatility
0.06
1.97

-1.91

Sortino ratioReturn per unit of downside risk
0.20
2.67

-2.47

Omega ratioGain probability vs. loss probability

1.02

1.35

-0.33

Calmar ratioReturn relative to maximum drawdown

0.11

2.79

-2.68

Martin ratioReturn relative to average drawdown

0.24

12.52

-12.28

KBWP vs. VTI - Sharpe Ratio Comparison

The current KBWP Sharpe Ratio is 0.06, which is lower than the VTI Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of KBWP and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

KBWP vs. VTI - Drawdown Comparison

The maximum KBWP drawdown since its inception was -39.76%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for KBWP and VTI.

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Drawdown Indicators

KBWPVTIDifference

Max Drawdown

Largest peak-to-trough decline

-39.76%

-55.45%

+15.69%

Max Drawdown (1Y)

Largest decline over 1 year

-9.56%

-8.92%

-0.64%

Max Drawdown (3Y)

Largest decline over 3 years

-12.29%

-19.30%

+7.01%

Max Drawdown (5Y)

Largest decline over 5 years

-17.00%

-25.36%

+8.36%

Max Drawdown (10Y)

Largest decline over 10 years

-39.76%

-35.00%

-4.76%

Current Drawdown

Current decline from peak

-4.25%

-2.14%

-2.11%

Average Drawdown

Average peak-to-trough decline

-4.37%

-8.02%

+3.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.31%

1.99%

+2.32%

Volatility

KBWP vs. VTI - Volatility Comparison

Invesco KBW Property & Casualty Insurance ETF (KBWP) has a higher volatility of 5.73% compared to Vanguard Total Stock Market ETF (VTI) at 4.50%. This indicates that KBWP's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KBWPVTIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.73%

4.50%

+1.23%

Volatility (6M)

Calculated over the trailing 6-month period

12.10%

9.82%

+2.28%

Volatility (1Y)

Calculated over the trailing 1-year period

16.50%

12.64%

+3.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.60%

17.47%

+1.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.73%

18.33%

+2.40%

KBWP vs. VTI - Expense Ratio Comparison

KBWP has a 0.35% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

KBWP vs. VTI - Dividend Comparison

KBWP's dividend yield for the trailing twelve months is around 1.92%, more than VTI's 1.03% yield.

PositionTTM20252024202320222021202020192018201720162015
KBWP
Invesco KBW Property & Casualty Insurance ETF		1.92%1.58%1.64%1.68%1.99%3.02%1.93%1.99%2.11%1.90%2.14%1.35%
VTI
Vanguard Total Stock Market ETF		1.03%1.12%1.27%1.44%1.66%1.21%1.42%1.78%2.04%1.71%1.92%1.98%

Frequently Asked Questions

KBWP and VTI have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KBWP has higher volatility (5.73%) compared to VTI (4.50%). In terms of maximum drawdown, KBWP dropped -39.76% vs VTI's -55.45%.

On 10-year performance, VTI leads with 15.02% vs 12.09% for KBWP. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VTI has performed better with a 15.02% return vs 12.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for KBWP.

KBWP has the higher dividend yield at 1.92%, compared with 1.03% for VTI.

KBWP is categorized as Financials Equities, while VTI is Large Cap Blend Equities. KBWP tracks KBW Nasdaq Property & Casualty (TR), while VTI tracks CRSP US Total Market Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.35% for KBWP and 0.03% for VTI.

VTI currently has the higher Sharpe Ratio (1.97 vs 0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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