KRE vs. BSVO

Last updated Jun 4, 2026

KRE (SPDR S&P Regional Banking ETF) and BSVO (EA Bridgeway Omni Small-Cap Value ETF) are both exchange-traded funds - KRE is a Financials Equities fund tracking the S&P Regional Banks Select Industry Index, while BSVO is a Small Cap Value Equities fund actively managed by Bridgeway. KRE is passively managed, while BSVO is actively managed. Over the past 3 years, KRE returned 20.63%/yr vs 18.56%/yr for BSVO. Their correlation of 0.84 suggests significant overlap in exposure. KRE charges 0.35%/yr vs 0.47%/yr for BSVO.

Performance

KRE vs. BSVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Regional Banking ETF (KRE) and EA Bridgeway Omni Small-Cap Value ETF (BSVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KRE achieves a 5.35% return, which is significantly lower than BSVO's 18.09% return.

KRE

• 1D: -2.39%
• 1M: -1.61%
• YTD: 5.35%
• 6M: 6.27%
• 1Y: 21.36%
• 3Y*: 20.63%
• 5Y*: 1.92%
• 10Y*: 7.80%

BSVO

• 1D: -1.86%
• 1M: 0.33%
• YTD: 18.09%
• 6M: 17.20%
• 1Y: 41.30%
• 3Y*: 18.56%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRE vs. BSVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KRE SPDR S&P Regional Banking ETF	5.35%	10.21%	18.58%	22.10%
BSVO EA Bridgeway Omni Small-Cap Value ETF	18.09%	9.21%	4.68%	22.38%

Correlation

The correlation between KRE and BSVO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.84

The correlation between KRE and BSVO has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

KRE vs. BSVO - Sectors Allocation Comparison

Sectors	KRE	BSVO
Financial Services	100.0%	32.3%
Basic Materials	-	6.0%
Communication Services	-	3.9%
Consumer Cyclical	-	14.3%
Consumer Defensive	-	4.8%
Energy	-	15.8%
Healthcare	-	3.6%
Industrials	-	13.8%
Real Estate	-	0.6%
Technology	-	4.9%
Utilities	-	-

Return for Risk

KRE vs. BSVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KRE

KRE Risk / Return Rank: 26
KRE Sharpe Ratio Rank: 25
KRE Sortino Ratio Rank: 25
KRE Omega Ratio Rank: 26
KRE Calmar Ratio Rank: 29
KRE Martin Ratio Rank: 26

BSVO

BSVO Risk / Return Rank: 72
BSVO Sharpe Ratio Rank: 66
BSVO Sortino Ratio Rank: 68
BSVO Omega Ratio Rank: 63
BSVO Calmar Ratio Rank: 87
BSVO Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRE vs. BSVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Regional Banking ETF (KRE) and EA Bridgeway Omni Small-Cap Value ETF (BSVO). 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.

	KRE	BSVO	Difference
Sharpe ratio Return per unit of total volatility	0.92	2.21	-1.29
Sortino ratio Return per unit of downside risk	1.39	3.14	-1.76
Omega ratio Gain probability vs. loss probability	1.18	1.38	-0.20
Calmar ratio Return relative to maximum drawdown	1.44	4.99	-3.56
Martin ratio Return relative to average drawdown	3.72	14.22	-10.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KRE vs. BSVO - Sharpe Ratio Comparison

The current KRE Sharpe Ratio is 0.92, which is lower than the BSVO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of KRE and BSVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KRE	BSVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	2.21	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.78	-0.65

Drawdowns

KRE vs. BSVO - Drawdown Comparison

The maximum KRE drawdown since its inception was -68.54%, which is greater than BSVO's maximum drawdown of -28.67%. Use the drawdown chart below to compare losses from any high point for KRE and BSVO.

Drawdown Indicators

	KRE	BSVO	Difference
Max Drawdown Largest peak-to-trough decline	-68.54%	-28.67%	-39.87%
Max Drawdown (1Y) Largest decline over 1 year	-14.95%	-8.31%	-6.64%
Max Drawdown (3Y) Largest decline over 3 years	-28.20%	-28.67%	+0.47%
Max Drawdown (5Y) Largest decline over 5 years	-52.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.92%	—	—
Current Drawdown Current decline from peak	-7.27%	-1.86%	-5.41%
Average Drawdown Average peak-to-trough decline	-21.90%	-5.73%	-16.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.75%	2.91%	+2.84%

Volatility

KRE vs. BSVO - Volatility Comparison

SPDR S&P Regional Banking ETF (KRE) has a higher volatility of 6.14% compared to EA Bridgeway Omni Small-Cap Value ETF (BSVO) at 4.77%. This indicates that KRE's price experiences larger fluctuations and is considered to be riskier than BSVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRE	BSVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.14%	4.77%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	11.95%	+3.89%
Volatility (1Y) Calculated over the trailing 1-year period	23.37%	18.88%	+4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.98%	21.72%	+8.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.92%	21.72%	+10.20%

KRE vs. BSVO - Expense Ratio Comparison

KRE has a 0.35% expense ratio, which is lower than BSVO's 0.47% expense ratio.

Dividends

KRE vs. BSVO - Dividend Comparison

KRE's dividend yield for the trailing twelve months is around 2.32%, more than BSVO's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.29%	1.52%	1.61%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KRE SPDR S&P Regional Banking ETF	2.32%	2.45%	2.59%	2.99%	2.51%	1.97%	2.78%	2.21%	2.48%	1.40%	1.40%	1.80%

Frequently Asked Questions

Can I hold both KRE and BSVO in my portfolio?

KRE and BSVO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KRE or BSVO?

KRE has higher volatility (6.14%) compared to BSVO (4.77%). In terms of maximum drawdown, KRE dropped -68.54% vs BSVO's -28.67%.

Which ETF is better, KRE or BSVO?

On 3-year performance, KRE leads with 20.63% vs 18.56% for BSVO. On fees, KRE is cheaper at 0.35% per year. On volatility, BSVO has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KRE or BSVO?

Over the 3-year period, KRE has performed better with a 20.63% return vs 18.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KRE or BSVO?

KRE is cheaper with a 0.35% expense ratio, compared with 0.47% for BSVO.

Which ETF pays a higher dividend yield, KRE or BSVO?

KRE has the higher dividend yield at 2.32%, compared with 1.29% for BSVO.

What is the main difference between KRE and BSVO?

KRE is categorized as Financials Equities, while BSVO is Small Cap Value Equities. They also come from different issuers: State Street and Bridgeway. Their fees differ too: 0.35% for KRE and 0.47% for BSVO.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.21 vs 0.92), 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.