KBWR vs. VOO
Compare and contrast key facts about Invesco KBW Regional Banking ETF (KBWR) and Vanguard S&P 500 ETF (VOO).
KBWR and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both KBWR and VOO 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 VOO.
Performance
KBWR vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, KBWR achieves a 20.76% return, which is significantly lower than VOO's 25.52% return. Over the past 10 years, KBWR has underperformed VOO with an annualized return of 7.80%, while VOO has yielded a comparatively higher 13.15% annualized return.
KBWR
20.76%
12.30%
30.59%
43.84%
7.65%
7.80%
VOO
25.52%
1.19%
12.21%
32.23%
15.58%
13.15%
Key characteristics
| KBWR | VOO | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.62 |
| Sortino Ratio | 2.15 | 3.50 |
| Omega Ratio | 1.25 | 1.49 |
| Calmar Ratio | 1.33 | 3.78 |
| Martin Ratio | 4.70 | 17.12 |
| Ulcer Index | 8.63% | 1.86% |
| Daily Std Dev | 30.87% | 12.19% |
| Max Drawdown | -52.86% | -33.99% |
| Current Drawdown | -3.29% | -1.36% |
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KBWR vs. VOO - Expense Ratio Comparison
KBWR has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between KBWR and VOO is 0.58, 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. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Regional Banking ETF (KBWR) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
KBWR's dividend yield for the trailing twelve months is around 2.49%, more than VOO's 1.25% 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% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
KBWR vs. VOO - Drawdown Comparison
The maximum KBWR drawdown since its inception was -52.86%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KBWR and VOO. For additional features, visit the drawdowns tool.
Volatility
KBWR vs. VOO - Volatility Comparison
Invesco KBW Regional Banking ETF (KBWR) has a higher volatility of 14.60% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that KBWR's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.