KBWY vs. HTGC
Compare and contrast key facts about Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Hercules Capital, Inc. (HTGC).
KBWY is a passively managed fund by Invesco that tracks the performance of the KBW Premium Yield Equity REIT Index. It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWY or HTGC.
Key characteristics
| KBWY | HTGC | |
|---|---|---|
| YTD Return | 7.45% | 25.75% |
| 1Y Return | 30.07% | 36.68% |
| 3Y Return (Ann) | 1.27% | 15.94% |
| 5Y Return (Ann) | -0.59% | 18.96% |
| 10Y Return (Ann) | 2.13% | 13.08% |
| Sharpe Ratio | 1.25 | 1.65 |
| Sortino Ratio | 1.88 | 1.97 |
| Omega Ratio | 1.24 | 1.34 |
| Calmar Ratio | 0.86 | 1.96 |
| Martin Ratio | 3.15 | 6.62 |
| Ulcer Index | 8.63% | 5.41% |
| Daily Std Dev | 21.78% | 21.71% |
| Max Drawdown | -57.68% | -68.29% |
| Current Drawdown | -10.40% | -7.23% |
Correlation
The correlation between KBWY and HTGC is 0.42, 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
KBWY vs. HTGC - Performance Comparison
In the year-to-date period, KBWY achieves a 7.45% return, which is significantly lower than HTGC's 25.75% return. Over the past 10 years, KBWY has underperformed HTGC with an annualized return of 2.13%, while HTGC has yielded a comparatively higher 13.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
KBWY vs. HTGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Hercules Capital, Inc. (HTGC). 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
KBWY vs. HTGC - Dividend Comparison
KBWY's dividend yield for the trailing twelve months is around 7.77%, less than HTGC's 8.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 7.77% | 7.90% | 7.41% | 5.06% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% | 4.85% |
HTGC Hercules Capital, Inc. | 8.54% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% | 6.77% |
Drawdowns
KBWY vs. HTGC - Drawdown Comparison
The maximum KBWY drawdown since its inception was -57.68%, smaller than the maximum HTGC drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for KBWY and HTGC. For additional features, visit the drawdowns tool.
Volatility
KBWY vs. HTGC - Volatility Comparison
The current volatility for Invesco KBW Premium Yield Equity REIT ETF (KBWY) is 4.53%, while Hercules Capital, Inc. (HTGC) has a volatility of 5.40%. This indicates that KBWY experiences smaller price fluctuations and is considered to be less risky than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.