KKR vs. RY
KKR (KKR & Co. Inc.) and RY (Royal Bank of Canada) are both stocks. Both are in the Financial Services sector — KKR in Asset Management, RY in Banks - Diversified. Over the past 10 years, KKR returned 24.52%/yr vs 17.18%/yr for RY. At a 0.45 correlation, their price movements are largely independent.
Performance
KKR vs. RY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KKR achieves a -24.22% return, which is significantly lower than RY's 18.68% return. Over the past 10 years, KKR has outperformed RY with an annualized return of 24.52%, while RY has yielded a comparatively lower 17.18% annualized return.
KKR
- 1D
- 0.99%
- 1M
- -1.03%
- YTD
- -24.22%
- 6M
- -29.28%
- 1Y
- -22.64%
- 3Y*
- 19.99%
- 5Y*
- 12.18%
- 10Y*
- 24.52%
RY
- 1D
- 0.14%
- 1M
- 10.90%
- YTD
- 18.68%
- 6M
- 21.99%
- 1Y
- 59.59%
- 3Y*
- 33.55%
- 5Y*
- 18.33%
- 10Y*
- 17.18%
KKR vs. RY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | -24.22% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
RY Royal Bank of Canada | 18.68% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
Correlation
The correlation between KKR and RY is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010 | 0.45 |
The correlation between KKR and RY has been stable across timeframes, ranging from 0.43 to 0.50 - a consistent structural relationship.
Fundamentals
KKR:
$91.83B
RY:
$205.02B
KKR:
$3.10
RY:
CA$18.17
KKR:
31.02
RY:
15.35
KKR:
3.27
RY:
2.22
KKR:
4.60
RY:
2.45
KKR:
1.14
RY:
2.21
KKR:
$19.99B
RY:
CA$138.99B
KKR:
$8.35B
RY:
CA$65.64B
KKR:
$9.97B
RY:
CA$30.01B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KKR vs. RY — Risk / Return Rank
KKR
RY
KKR vs. RY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR & Co. Inc. (KKR) and Royal Bank of Canada (RY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KKR | RY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.58 | ||
| Sortino ratioReturn per unit of downside risk | -6.38 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.70 | -0.78 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 5.97 | -6.48 |
| Martin ratioReturn relative to average drawdown | -0.92 | 22.22 | -23.14 |
Loading charts...
Drawdowns
KKR vs. RY - Drawdown Comparison
The maximum KKR drawdown since its inception was -53.10%, smaller than the maximum RY drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for KKR and RY.
Loading charts...
Drawdown Indicators
| KKR | RY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.10% | -62.90% | +9.80% |
Max Drawdown (1Y)Largest decline over 1 year | -44.62% | -10.04% | -34.58% |
Max Drawdown (3Y)Largest decline over 3 years | -49.42% | -19.88% | -29.54% |
Max Drawdown (5Y)Largest decline over 5 years | -49.42% | -28.36% | -21.06% |
Max Drawdown (10Y)Largest decline over 10 years | -49.42% | -39.95% | -9.47% |
Current DrawdownCurrent decline from peak | -41.85% | 0.00% | -41.85% |
Average DrawdownAverage peak-to-trough decline | -16.22% | -9.32% | -6.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.65% | 2.69% | +21.96% |
Volatility
KKR vs. RY - Volatility Comparison
KKR & Co. Inc. (KKR) has a higher volatility of 9.89% compared to Royal Bank of Canada (RY) at 4.01%. This indicates that KKR's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KKR | RY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.89% | 4.01% | +5.88% |
Volatility (6M)Calculated over the trailing 6-month period | 29.26% | 11.34% | +17.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.32% | 15.10% | +22.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.23% | 18.00% | +21.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.62% | 19.76% | +16.86% |
Dividends
KKR vs. RY - Dividend Comparison
KKR's dividend yield for the trailing twelve months is around 0.78%, less than RY's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | 0.78% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
RY Royal Bank of Canada | 2.32% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
KKR vs. RY - Financials Comparison
This section allows you to compare key financial metrics between KKR & Co. Inc. and Royal Bank of Canada. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KKR vs. RY - Profitability Comparison
KKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a gross profit of 3.98B and revenue of 4.00B. Therefore, the gross margin over that period was 99.5%.
RY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a gross profit of 16.51B and revenue of 33.93B. Therefore, the gross margin over that period was 48.7%.
KKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported an operating income of 205.35M and revenue of 4.00B, resulting in an operating margin of 5.1%.
RY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported an operating income of 7.10B and revenue of 33.93B, resulting in an operating margin of 20.9%.
KKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a net income of 405.23M and revenue of 4.00B, resulting in a net margin of 10.1%.
RY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a net income of 5.51B and revenue of 33.93B, resulting in a net margin of 16.2%.
Frequently Asked Questions
KKR and RY have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KKR has higher volatility (9.89%) compared to RY (4.01%). In terms of maximum drawdown, KKR dropped -53.10% vs RY's -62.90%.
RY currently has the higher Sharpe Ratio (3.97 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for KKR and RY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer