KBWY vs. O
Compare and contrast key facts about Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Realty Income Corporation (O).
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 O.
Key characteristics
| KBWY | O | |
|---|---|---|
| YTD Return | 4.95% | 3.81% |
| 1Y Return | 19.29% | 15.38% |
| 3Y Return (Ann) | 0.53% | -2.09% |
| 5Y Return (Ann) | -1.27% | -0.78% |
| 10Y Return (Ann) | 1.99% | 7.32% |
| Sharpe Ratio | 1.29 | 1.13 |
| Sortino Ratio | 1.95 | 1.68 |
| Omega Ratio | 1.25 | 1.21 |
| Calmar Ratio | 0.97 | 0.80 |
| Martin Ratio | 3.24 | 2.98 |
| Ulcer Index | 8.66% | 6.89% |
| Daily Std Dev | 21.67% | 18.15% |
| Max Drawdown | -57.68% | -48.45% |
| Current Drawdown | -12.49% | -14.24% |
Correlation
The correlation between KBWY and O is 0.67, 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. O - Performance Comparison
In the year-to-date period, KBWY achieves a 4.95% return, which is significantly higher than O's 3.81% return. Over the past 10 years, KBWY has underperformed O with an annualized return of 1.99%, while O has yielded a comparatively higher 7.32% 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
KBWY vs. O - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Realty Income Corporation (O). 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. O - Dividend Comparison
KBWY's dividend yield for the trailing twelve months is around 7.96%, more than O's 5.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 7.96% | 7.90% | 7.41% | 5.06% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% | 4.85% |
O Realty Income Corporation | 5.48% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
Drawdowns
KBWY vs. O - Drawdown Comparison
The maximum KBWY drawdown since its inception was -57.68%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for KBWY and O. For additional features, visit the drawdowns tool.
Volatility
KBWY vs. O - Volatility Comparison
The current volatility for Invesco KBW Premium Yield Equity REIT ETF (KBWY) is 4.17%, while Realty Income Corporation (O) has a volatility of 6.21%. This indicates that KBWY experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.