KBWY vs. VOO
Compare and contrast key facts about Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Vanguard S&P 500 ETF (VOO).
KBWY and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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 KBWY 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: KBWY or VOO.
Correlation
The correlation between KBWY and VOO is 0.57, 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. VOO - Performance Comparison
Key characteristics
KBWY:
-0.23
VOO:
0.59
KBWY:
-0.19
VOO:
0.94
KBWY:
0.98
VOO:
1.14
KBWY:
-0.14
VOO:
0.60
KBWY:
-0.38
VOO:
2.34
KBWY:
12.21%
VOO:
4.80%
KBWY:
20.04%
VOO:
19.10%
KBWY:
-57.68%
VOO:
-33.99%
KBWY:
-28.53%
VOO:
-8.16%
Returns By Period
In the year-to-date period, KBWY achieves a -11.19% return, which is significantly lower than VOO's -3.92% return. Over the past 10 years, KBWY has underperformed VOO with an annualized return of -0.23%, while VOO has yielded a comparatively higher 12.27% annualized return.
KBWY
-11.19%
4.71%
-19.95%
-4.98%
5.13%
-0.23%
VOO
-3.92%
11.29%
-4.41%
9.97%
15.75%
12.27%
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KBWY vs. VOO - Expense Ratio Comparison
KBWY has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
KBWY vs. VOO — Risk-Adjusted Performance Rank
KBWY
VOO
KBWY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Premium Yield Equity REIT ETF (KBWY) 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
KBWY vs. VOO - Dividend Comparison
KBWY's dividend yield for the trailing twelve months is around 10.00%, more than VOO's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 10.00% | 8.74% | 7.90% | 7.41% | 5.05% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% |
VOO Vanguard S&P 500 ETF | 1.35% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
KBWY vs. VOO - Drawdown Comparison
The maximum KBWY drawdown since its inception was -57.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KBWY and VOO. For additional features, visit the drawdowns tool.
Volatility
KBWY vs. VOO - Volatility Comparison
The current volatility for Invesco KBW Premium Yield Equity REIT ETF (KBWY) is 8.80%, while Vanguard S&P 500 ETF (VOO) has a volatility of 11.23%. This indicates that KBWY experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.