KRE vs. WFC

Last updated Jun 14, 2026

KRE (SPDR S&P Regional Banking ETF) is Financials Equities fund tracking the S&P Regional Banks Select Industry Index, while WFC (Wells Fargo & Company) is a stock. Over the past 10 years, KRE returned 9.20%/yr vs 8.95%/yr for WFC. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

KRE vs. WFC - Performance Comparison

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

Returns By Period

In the year-to-date period, KRE achieves a 13.93% return, which is significantly higher than WFC's -9.20% return. Both investments have delivered pretty close results over the past 10 years, with KRE having a 9.20% annualized return and WFC not far behind at 8.95%.

KRE

• 1D: 1.47%
• 1M: 9.62%
• YTD: 13.93%
• 6M: 10.76%
• 1Y: 33.87%
• 3Y*: 21.99%
• 5Y*: 4.16%
• 10Y*: 9.20%

WFC

• 1D: 1.61%
• 1M: 14.04%
• YTD: -9.20%
• 6M: -8.77%
• 1Y: 18.25%
• 3Y*: 28.38%
• 5Y*: 15.64%
• 10Y*: 8.95%

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

KRE vs. WFC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRE SPDR S&P Regional Banking ETF	13.93%	10.21%	18.58%	-7.61%	-15.08%	39.29%	-7.43%	27.44%	-18.81%	7.49%
WFC Wells Fargo & Company	-9.20%	35.57%	46.48%	22.94%	-11.92%	61.15%	-41.65%	21.44%	-21.83%	13.21%

Correlation

The correlation between KRE and WFC is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006	0.76

The correlation between KRE and WFC shifts across timeframes, from 0.64 (1 year) to 0.76 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

KRE vs. WFC — Risk / Return Rank

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

KRE

KRE Risk / Return Rank: 42
KRE Sharpe Ratio Rank: 42
KRE Sortino Ratio Rank: 40
KRE Omega Ratio Rank: 42
KRE Calmar Ratio Rank: 46
KRE Martin Ratio Rank: 38

WFC

WFC Risk / Return Rank: 58
WFC Sharpe Ratio Rank: 63
WFC Sortino Ratio Rank: 55
WFC Omega Ratio Rank: 54
WFC Calmar Ratio Rank: 58
WFC Martin Ratio Rank: 58

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. WFC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Regional Banking ETF (KRE) and Wells Fargo & Company (WFC). 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.

	KRE	WFC	Difference
Sharpe ratio: Return per unit of total volatility	1.30	0.59	+0.72
Sortino ratio: Return per unit of downside risk	1.84	0.94	+0.91
Omega ratio: Gain probability vs. loss probability	1.24	1.12	+0.12
Calmar ratio: Return relative to maximum drawdown	2.03	0.68	+1.35
Martin ratio: Return relative to average drawdown	5.29	1.54	+3.75

KRE vs. WFC - Sharpe Ratio Comparison

The current KRE Sharpe Ratio is 1.30, which is higher than the WFC Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of KRE and WFC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KRE vs. WFC - Drawdown Comparison

The maximum KRE drawdown since its inception was -68.54%, smaller than the maximum WFC drawdown of -79.01%. Use the drawdown chart below to compare losses from any high point for KRE and WFC.

Drawdown Indicators

	KRE	WFC	Difference
Max Drawdown Largest peak-to-trough decline	-68.54%	-79.01%	+10.47%
Max Drawdown (1Y) Largest decline over 1 year	-14.95%	-23.02%	+8.07%
Max Drawdown (3Y) Largest decline over 3 years	-28.20%	-24.73%	-3.47%
Max Drawdown (5Y) Largest decline over 5 years	-52.69%	-37.10%	-15.59%
Max Drawdown (10Y) Largest decline over 10 years	-54.92%	-64.46%	+9.54%
Current Drawdown Current decline from peak	0.00%	-12.21%	+12.21%
Average Drawdown Average peak-to-trough decline	-21.87%	-15.35%	-6.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.75%	10.18%	-4.43%

Volatility

KRE vs. WFC - Volatility Comparison

SPDR S&P Regional Banking ETF (KRE) and Wells Fargo & Company (WFC) have volatilities of 6.15% and 5.95%, 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.

Volatility by Period

	KRE	WFC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	5.95%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	19.95%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	23.37%	26.75%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.99%	30.23%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.93%	32.28%	-0.35%

Dividends

KRE vs. WFC - Dividend Comparison

KRE's dividend yield for the trailing twelve months is around 2.14%, which matches WFC's 2.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRE SPDR S&P Regional Banking ETF	2.14%	2.45%	2.59%	2.99%	2.51%	1.97%	2.78%	2.21%	2.48%	1.40%	1.40%	1.80%
WFC Wells Fargo & Company	2.15%	1.82%	2.14%	2.64%	2.66%	1.25%	4.04%	3.57%	3.56%	2.54%	2.75%	2.71%

Frequently Asked Questions

Can I hold both KRE and WFC in my portfolio?

KRE and WFC have a correlation of 0.64, 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 WFC?

KRE has higher volatility (6.15%) compared to WFC (5.95%). In terms of maximum drawdown, KRE dropped -68.54% vs WFC's -79.01%.

Which has better risk-adjusted returns?

KRE currently has the higher Sharpe Ratio (1.30 vs 0.59), 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.