KBWR vs. SCHD
Compare and contrast key facts about Invesco KBW Regional Banking ETF (KBWR) and Schwab US Dividend Equity ETF (SCHD).
KBWR and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both KBWR and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWR or SCHD.
Performance
KBWR vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, KBWR achieves a 20.76% return, which is significantly higher than SCHD's 16.26% return. Over the past 10 years, KBWR has underperformed SCHD with an annualized return of 7.80%, while SCHD has yielded a comparatively higher 11.40% annualized return.
KBWR
20.76%
12.30%
30.59%
43.84%
7.65%
7.80%
SCHD
16.26%
0.84%
10.89%
25.41%
12.67%
11.40%
Key characteristics
| KBWR | SCHD | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.27 |
| Sortino Ratio | 2.15 | 3.27 |
| Omega Ratio | 1.25 | 1.40 |
| Calmar Ratio | 1.33 | 3.34 |
| Martin Ratio | 4.70 | 12.25 |
| Ulcer Index | 8.63% | 2.05% |
| Daily Std Dev | 30.87% | 11.06% |
| Max Drawdown | -52.86% | -33.37% |
| Current Drawdown | -3.29% | -1.54% |
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KBWR vs. SCHD - Expense Ratio Comparison
KBWR has a 0.35% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between KBWR and SCHD is 0.64, 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.
Risk-Adjusted Performance
KBWR vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Regional Banking ETF (KBWR) and Schwab US Dividend Equity ETF (SCHD). 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. SCHD - Dividend Comparison
KBWR's dividend yield for the trailing twelve months is around 2.49%, less than SCHD's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWR Invesco KBW Regional Banking ETF | 2.49% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% | 1.79% | 1.50% |
SCHD Schwab US Dividend Equity ETF | 3.40% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
KBWR vs. SCHD - Drawdown Comparison
The maximum KBWR drawdown since its inception was -52.86%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for KBWR and SCHD. For additional features, visit the drawdowns tool.
Volatility
KBWR vs. SCHD - Volatility Comparison
Invesco KBW Regional Banking ETF (KBWR) has a higher volatility of 14.60% compared to Schwab US Dividend Equity ETF (SCHD) at 3.39%. This indicates that KBWR's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.