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KRE vs. KBWB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KRE and KBWB is 0.92, 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.


-0.50.00.51.00.9

Performance

KRE vs. KBWB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Regional Banking ETF (KRE) and Invesco KBW Bank ETF (KBWB). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
31.82%
27.99%
KRE
KBWB

Key characteristics

Sharpe Ratio

KRE:

0.68

KBWB:

1.80

Sortino Ratio

KRE:

1.22

KBWB:

2.68

Omega Ratio

KRE:

1.15

KBWB:

1.34

Calmar Ratio

KRE:

0.53

KBWB:

1.18

Martin Ratio

KRE:

2.79

KBWB:

11.70

Ulcer Index

KRE:

7.16%

KBWB:

3.39%

Daily Std Dev

KRE:

29.51%

KBWB:

22.00%

Max Drawdown

KRE:

-68.54%

KBWB:

-50.27%

Current Drawdown

KRE:

-15.36%

KBWB:

-6.71%

Returns By Period

In the year-to-date period, KRE achieves a 19.94% return, which is significantly lower than KBWB's 38.46% return. Over the past 10 years, KRE has underperformed KBWB with an annualized return of 6.65%, while KBWB has yielded a comparatively higher 8.26% annualized return.


KRE

YTD

19.94%

1M

-9.34%

6M

31.83%

1Y

19.99%

5Y*

3.87%

10Y*

6.65%

KBWB

YTD

38.46%

1M

-5.76%

6M

27.99%

1Y

39.66%

5Y*

5.66%

10Y*

8.26%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


KRE vs. KBWB - Expense Ratio Comparison

Both KRE and KBWB have an expense ratio of 0.35%.


KRE
SPDR S&P Regional Banking ETF
Expense ratio chart for KRE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for KBWB: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

KRE vs. KBWB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Regional Banking ETF (KRE) and Invesco KBW Bank ETF (KBWB). 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.


Sharpe ratio
The chart of Sharpe ratio for KRE, currently valued at 0.68, compared to the broader market0.002.004.000.681.80
The chart of Sortino ratio for KRE, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.001.222.68
The chart of Omega ratio for KRE, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.34
The chart of Calmar ratio for KRE, currently valued at 0.53, compared to the broader market0.005.0010.0015.000.531.18
The chart of Martin ratio for KRE, currently valued at 2.79, compared to the broader market0.0020.0040.0060.0080.00100.002.7911.70
KRE
KBWB

The current KRE Sharpe Ratio is 0.68, which is lower than the KBWB Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of KRE and KBWB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.68
1.80
KRE
KBWB

Dividends

KRE vs. KBWB - Dividend Comparison

KRE's dividend yield for the trailing twelve months is around 2.56%, more than KBWB's 2.43% yield.


TTM20232022202120202019201820172016201520142013
KRE
SPDR S&P Regional Banking ETF
2.56%2.99%2.51%1.97%2.78%2.21%2.25%1.40%1.39%1.80%1.60%1.37%
KBWB
Invesco KBW Bank ETF
2.43%3.20%3.05%2.13%2.63%2.38%2.54%1.35%1.53%1.53%1.52%1.43%

Drawdowns

KRE vs. KBWB - Drawdown Comparison

The maximum KRE drawdown since its inception was -68.54%, which is greater than KBWB's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for KRE and KBWB. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.36%
-6.71%
KRE
KBWB

Volatility

KRE vs. KBWB - Volatility Comparison

SPDR S&P Regional Banking ETF (KRE) has a higher volatility of 6.88% compared to Invesco KBW Bank ETF (KBWB) at 5.75%. This indicates that KRE's price experiences larger fluctuations and is considered to be riskier than KBWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.88%
5.75%
KRE
KBWB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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