KCE vs. CALF
Compare and contrast key facts about SPDR S&P Capital Markets ETF (KCE) and Pacer US Small Cap Cash Cows 100 ETF (CALF).
KCE and CALF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KCE is a passively managed fund by State Street that tracks the performance of the S&P Capital Markets Select Industry Index. It was launched on Nov 8, 2005. CALF is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Small Cap Cash Cows Index. It was launched on Jun 16, 2017. Both KCE and CALF 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: KCE or CALF.
Performance
KCE vs. CALF - Performance Comparison
Returns By Period
In the year-to-date period, KCE achieves a 43.01% return, which is significantly higher than CALF's -2.73% return.
KCE
43.01%
6.07%
28.26%
65.59%
22.55%
13.89%
CALF
-2.73%
-1.15%
0.43%
8.76%
14.38%
N/A
Key characteristics
| KCE | CALF | |
|---|---|---|
| Sharpe Ratio | 3.73 | 0.49 |
| Sortino Ratio | 4.88 | 0.87 |
| Omega Ratio | 1.65 | 1.10 |
| Calmar Ratio | 4.22 | 0.74 |
| Martin Ratio | 28.60 | 1.70 |
| Ulcer Index | 2.33% | 6.10% |
| Daily Std Dev | 17.92% | 21.10% |
| Max Drawdown | -74.00% | -47.58% |
| Current Drawdown | -1.28% | -5.13% |
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KCE vs. CALF - Expense Ratio Comparison
KCE has a 0.35% expense ratio, which is lower than CALF's 0.59% expense ratio.
Correlation
The correlation between KCE and CALF is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
KCE vs. CALF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Capital Markets ETF (KCE) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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
KCE vs. CALF - Dividend Comparison
KCE's dividend yield for the trailing twelve months is around 1.56%, more than CALF's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KCE SPDR S&P Capital Markets ETF | 1.56% | 1.82% | 2.42% | 1.53% | 2.20% | 2.32% | 2.67% | 1.95% | 2.30% | 2.43% | 1.59% | 1.73% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 1.06% | 1.18% | 0.85% | 2.63% | 0.82% | 0.99% | 1.39% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KCE vs. CALF - Drawdown Comparison
The maximum KCE drawdown since its inception was -74.00%, which is greater than CALF's maximum drawdown of -47.58%. Use the drawdown chart below to compare losses from any high point for KCE and CALF. For additional features, visit the drawdowns tool.
Volatility
KCE vs. CALF - Volatility Comparison
SPDR S&P Capital Markets ETF (KCE) has a higher volatility of 8.74% compared to Pacer US Small Cap Cash Cows 100 ETF (CALF) at 7.67%. This indicates that KCE's price experiences larger fluctuations and is considered to be riskier than CALF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.