KBWR vs. JPM
Compare and contrast key facts about Invesco KBW Regional Banking ETF (KBWR) and JPMorgan Chase & Co. (JPM).
KBWR is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Regional Banking Index. It was launched on Nov 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWR or JPM.
Key characteristics
| KBWR | JPM | |
|---|---|---|
| YTD Return | 7.95% | 32.29% |
| 1Y Return | 30.64% | 57.36% |
| 3Y Return (Ann) | -1.69% | 12.54% |
| 5Y Return (Ann) | 5.03% | 14.50% |
| 10Y Return (Ann) | 6.49% | 16.82% |
| Sharpe Ratio | 1.21 | 3.02 |
| Sortino Ratio | 1.89 | 3.50 |
| Omega Ratio | 1.22 | 1.55 |
| Calmar Ratio | 0.99 | 5.11 |
| Martin Ratio | 4.02 | 17.98 |
| Ulcer Index | 8.64% | 3.29% |
| Daily Std Dev | 28.58% | 19.56% |
| Max Drawdown | -52.86% | -74.02% |
| Current Drawdown | -10.59% | -2.54% |
Correlation
The correlation between KBWR and JPM is 0.69, 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
KBWR vs. JPM - Performance Comparison
In the year-to-date period, KBWR achieves a 7.95% return, which is significantly lower than JPM's 32.29% return. Over the past 10 years, KBWR has underperformed JPM with an annualized return of 6.49%, while JPM has yielded a comparatively higher 16.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
KBWR vs. JPM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Regional Banking ETF (KBWR) and JPMorgan Chase & Co. (JPM). 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
KBWR vs. JPM - Dividend Comparison
KBWR's dividend yield for the trailing twelve months is around 2.79%, more than JPM's 2.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWR Invesco KBW Regional Banking ETF | 2.79% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% | 1.79% | 1.49% |
JPM JPMorgan Chase & Co. | 2.09% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
Drawdowns
KBWR vs. JPM - Drawdown Comparison
The maximum KBWR drawdown since its inception was -52.86%, smaller than the maximum JPM drawdown of -74.02%. Use the drawdown chart below to compare losses from any high point for KBWR and JPM. For additional features, visit the drawdowns tool.
Volatility
KBWR vs. JPM - Volatility Comparison
Invesco KBW Regional Banking ETF (KBWR) has a higher volatility of 7.76% compared to JPMorgan Chase & Co. (JPM) at 5.74%. This indicates that KBWR's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.