KRE vs. CMA
Compare and contrast key facts about SPDR S&P Regional Banking ETF (KRE) and Comerica Incorporated (CMA).
KRE is a passively managed fund by State Street that tracks the performance of the S&P Regional Banks Select Industry Index. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KRE or CMA.
Correlation
The correlation between KRE and CMA is 0.85, 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.
Performance
KRE vs. CMA - Performance Comparison
Key characteristics
KRE:
0.49
CMA:
0.32
KRE:
0.93
CMA:
0.68
KRE:
1.12
CMA:
1.09
KRE:
0.41
CMA:
0.23
KRE:
1.67
CMA:
1.09
KRE:
9.38%
CMA:
10.39%
KRE:
31.76%
CMA:
36.01%
KRE:
-68.54%
CMA:
-78.35%
KRE:
-28.22%
CMA:
-38.44%
Returns By Period
In the year-to-date period, KRE achieves a -14.23% return, which is significantly lower than CMA's -13.31% return. Over the past 10 years, KRE has underperformed CMA with an annualized return of 4.74%, while CMA has yielded a comparatively higher 5.41% annualized return.
KRE
-14.23%
-10.26%
-12.62%
14.73%
11.80%
4.74%
CMA
-13.31%
-10.39%
-16.54%
9.96%
17.78%
5.41%
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Risk-Adjusted Performance
KRE vs. CMA — Risk-Adjusted Performance Rank
KRE
CMA
KRE vs. CMA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Regional Banking ETF (KRE) and Comerica Incorporated (CMA). 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
KRE vs. CMA - Dividend Comparison
KRE's dividend yield for the trailing twelve months is around 3.04%, less than CMA's 5.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRE SPDR S&P Regional Banking ETF | 3.04% | 2.59% | 2.99% | 2.51% | 1.97% | 2.78% | 2.21% | 2.25% | 1.40% | 1.40% | 1.80% | 1.60% |
CMA Comerica Incorporated | 5.36% | 4.59% | 5.09% | 4.07% | 3.13% | 4.87% | 3.74% | 2.68% | 1.26% | 1.31% | 1.98% | 1.69% |
Drawdowns
KRE vs. CMA - Drawdown Comparison
The maximum KRE drawdown since its inception was -68.54%, smaller than the maximum CMA drawdown of -78.35%. Use the drawdown chart below to compare losses from any high point for KRE and CMA. For additional features, visit the drawdowns tool.
Volatility
KRE vs. CMA - Volatility Comparison
SPDR S&P Regional Banking ETF (KRE) and Comerica Incorporated (CMA) have volatilities of 16.21% and 16.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.