KCE vs. EUFN
Compare and contrast key facts about SPDR S&P Capital Markets ETF (KCE) and iShares MSCI Europe Financials ETF (EUFN).
KCE and EUFN 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. EUFN is a passively managed fund by iShares that tracks the performance of the MSCI Europe Financials Index. It was launched on Jan 20, 2010. Both KCE and EUFN 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 EUFN.
Performance
KCE vs. EUFN - Performance Comparison
Returns By Period
In the year-to-date period, KCE achieves a 42.89% return, which is significantly higher than EUFN's 16.54% return. Over the past 10 years, KCE has outperformed EUFN with an annualized return of 13.94%, while EUFN has yielded a comparatively lower 4.55% annualized return.
KCE
42.89%
5.98%
28.53%
65.44%
22.52%
13.94%
EUFN
16.54%
-4.29%
1.23%
24.83%
9.07%
4.55%
Key characteristics
| KCE | EUFN | |
|---|---|---|
| Sharpe Ratio | 3.72 | 1.78 |
| Sortino Ratio | 4.87 | 2.35 |
| Omega Ratio | 1.65 | 1.30 |
| Calmar Ratio | 4.21 | 3.29 |
| Martin Ratio | 28.54 | 10.19 |
| Ulcer Index | 2.33% | 2.64% |
| Daily Std Dev | 17.92% | 15.13% |
| Max Drawdown | -74.00% | -53.25% |
| Current Drawdown | -1.37% | -5.52% |
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KCE vs. EUFN - Expense Ratio Comparison
KCE has a 0.35% expense ratio, which is lower than EUFN's 0.48% expense ratio.
Correlation
The correlation between KCE and EUFN is 0.70, 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
KCE vs. EUFN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Capital Markets ETF (KCE) and iShares MSCI Europe Financials ETF (EUFN). 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. EUFN - Dividend Comparison
KCE's dividend yield for the trailing twelve months is around 1.56%, less than EUFN's 4.63% 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% |
EUFN iShares MSCI Europe Financials ETF | 4.63% | 5.00% | 4.23% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% | 3.35% | 1.59% |
Drawdowns
KCE vs. EUFN - Drawdown Comparison
The maximum KCE drawdown since its inception was -74.00%, which is greater than EUFN's maximum drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for KCE and EUFN. For additional features, visit the drawdowns tool.
Volatility
KCE vs. EUFN - Volatility Comparison
SPDR S&P Capital Markets ETF (KCE) has a higher volatility of 8.74% compared to iShares MSCI Europe Financials ETF (EUFN) at 4.72%. This indicates that KCE's price experiences larger fluctuations and is considered to be riskier than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.