PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
KBWR vs. KBWB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBWR and KBWB is 0.86, 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.


-0.50.00.51.00.9

Performance

KBWR vs. KBWB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco KBW Regional Banking ETF (KBWR) and Invesco KBW Bank ETF (KBWB). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
27.47%
24.93%
KBWR
KBWB

Key characteristics

Sharpe Ratio

KBWR:

0.45

KBWB:

1.74

Sortino Ratio

KBWR:

0.91

KBWB:

2.61

Omega Ratio

KBWR:

1.11

KBWB:

1.33

Calmar Ratio

KBWR:

0.46

KBWB:

1.13

Martin Ratio

KBWR:

1.52

KBWB:

11.36

Ulcer Index

KBWR:

8.82%

KBWB:

3.36%

Daily Std Dev

KBWR:

30.04%

KBWB:

22.02%

Max Drawdown

KBWR:

-52.86%

KBWB:

-50.27%

Current Drawdown

KBWR:

-11.53%

KBWB:

-7.88%

Returns By Period

In the year-to-date period, KBWR achieves a 13.17% return, which is significantly lower than KBWB's 36.73% return. Over the past 10 years, KBWR has underperformed KBWB with an annualized return of 6.82%, while KBWB has yielded a comparatively higher 8.12% annualized return.


KBWR

YTD

13.17%

1M

-9.88%

6M

27.47%

1Y

12.45%

5Y*

5.14%

10Y*

6.82%

KBWB

YTD

36.73%

1M

-6.94%

6M

24.92%

1Y

37.91%

5Y*

5.51%

10Y*

8.12%

Compare stocks, funds, or ETFs

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


KBWR vs. KBWB - Expense Ratio Comparison

Both KBWR and KBWB have an expense ratio of 0.35%.


KBWR
Invesco KBW Regional Banking ETF
Expense ratio chart for KBWR: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for KBWB: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

KBWR vs. KBWB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Regional Banking ETF (KBWR) and Invesco KBW Bank ETF (KBWB). 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.


Sharpe ratio
The chart of Sharpe ratio for KBWR, currently valued at 0.45, compared to the broader market0.002.004.000.451.74
The chart of Sortino ratio for KBWR, currently valued at 0.91, compared to the broader market-2.000.002.004.006.008.0010.000.912.61
The chart of Omega ratio for KBWR, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.33
The chart of Calmar ratio for KBWR, currently valued at 0.46, compared to the broader market0.005.0010.0015.000.461.13
The chart of Martin ratio for KBWR, currently valued at 1.52, compared to the broader market0.0020.0040.0060.0080.00100.001.5211.36
KBWR
KBWB

The current KBWR Sharpe Ratio is 0.45, which is lower than the KBWB Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of KBWR and KBWB, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.45
1.74
KBWR
KBWB

Dividends

KBWR vs. KBWB - Dividend Comparison

KBWR's dividend yield for the trailing twelve months is around 2.68%, more than KBWB's 2.46% yield.


TTM20232022202120202019201820172016201520142013
KBWR
Invesco KBW Regional Banking ETF
2.68%2.89%2.51%2.04%2.92%2.44%2.45%1.59%1.50%1.92%1.79%1.50%
KBWB
Invesco KBW Bank ETF
2.46%3.20%3.05%2.13%2.63%2.38%2.54%1.35%1.53%1.53%1.52%1.43%

Drawdowns

KBWR vs. KBWB - Drawdown Comparison

The maximum KBWR drawdown since its inception was -52.86%, which is greater than KBWB's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for KBWR and KBWB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.53%
-7.88%
KBWR
KBWB

Volatility

KBWR vs. KBWB - Volatility Comparison

Invesco KBW Regional Banking ETF (KBWR) has a higher volatility of 7.35% compared to Invesco KBW Bank ETF (KBWB) at 5.83%. This indicates that KBWR's price experiences larger fluctuations and is considered to be riskier than KBWB 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%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
7.35%
5.83%
KBWR
KBWB
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab