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

Correlation

The correlation between KRE and KBWR is 0.95, 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.


-0.50.00.51.01.0

Performance

KRE vs. KBWR - 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 Regional Banking ETF (KBWR). 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%
29.93%
KRE
KBWR

Key characteristics

Sharpe Ratio

KRE:

0.68

KBWR:

0.45

Sortino Ratio

KRE:

1.22

KBWR:

0.91

Omega Ratio

KRE:

1.15

KBWR:

1.11

Calmar Ratio

KRE:

0.53

KBWR:

0.46

Martin Ratio

KRE:

2.79

KBWR:

1.51

Ulcer Index

KRE:

7.16%

KBWR:

8.84%

Daily Std Dev

KRE:

29.51%

KBWR:

29.99%

Max Drawdown

KRE:

-68.54%

KBWR:

-52.86%

Current Drawdown

KRE:

-15.36%

KBWR:

-10.80%

Returns By Period

In the year-to-date period, KRE achieves a 19.94% return, which is significantly higher than KBWR's 14.10% return. Both investments have delivered pretty close results over the past 10 years, with KRE having a 6.65% annualized return and KBWR not far ahead at 6.90%.


KRE

YTD

19.94%

1M

-9.34%

6M

31.83%

1Y

19.99%

5Y*

3.87%

10Y*

6.65%

KBWR

YTD

14.10%

1M

-9.14%

6M

29.93%

1Y

13.38%

5Y*

5.32%

10Y*

6.90%

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. KBWR - Expense Ratio Comparison

Both KRE and KBWR 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 KBWR: 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. KBWR - 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 Regional Banking ETF (KBWR). 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 market0.002.004.000.680.45
The chart of Sortino ratio for KRE, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.001.220.91
The chart of Omega ratio for KRE, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.11
The chart of Calmar ratio for KRE, currently valued at 0.53, compared to the broader market0.005.0010.0015.000.530.46
The chart of Martin ratio for KRE, currently valued at 2.79, compared to the broader market0.0020.0040.0060.0080.00100.002.791.51
KRE
KBWR

The current KRE Sharpe Ratio is 0.68, which is higher than the KBWR Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of KRE and KBWR, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.68
0.45
KRE
KBWR

Dividends

KRE vs. KBWR - Dividend Comparison

KRE's dividend yield for the trailing twelve months is around 2.56%, less than KBWR's 2.66% 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%
KBWR
Invesco KBW Regional Banking ETF
2.66%2.89%2.51%2.04%2.92%2.44%2.45%1.59%1.50%1.92%1.79%1.50%

Drawdowns

KRE vs. KBWR - Drawdown Comparison

The maximum KRE drawdown since its inception was -68.54%, which is greater than KBWR's maximum drawdown of -52.86%. Use the drawdown chart below to compare losses from any high point for KRE and KBWR. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.36%
-10.80%
KRE
KBWR

Volatility

KRE vs. KBWR - Volatility Comparison

SPDR S&P Regional Banking ETF (KRE) and Invesco KBW Regional Banking ETF (KBWR) have volatilities of 6.88% and 6.93%, 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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
6.88%
6.93%
KRE
KBWR
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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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