KREF vs. GPMT
KREF (KKR Real Estate Finance Trust Inc.) and GPMT (Granite Point Mortgage Trust Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 5 years, KREF returned -11.22%/yr vs -31.48%/yr for GPMT. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
KREF vs. GPMT - Performance Comparison
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Returns By Period
In the year-to-date period, KREF achieves a -10.55% return, which is significantly higher than GPMT's -43.04% return.
KREF
- 1D
- 3.82%
- 1M
- 10.66%
- YTD
- -10.55%
- 6M
- -10.44%
- 1Y
- -13.39%
- 3Y*
- -6.88%
- 5Y*
- -11.22%
- 10Y*
- —
GPMT
- 1D
- -6.38%
- 1M
- -0.75%
- YTD
- -43.04%
- 6M
- -42.55%
- 1Y
- -40.12%
- 3Y*
- -30.22%
- 5Y*
- -31.48%
- 10Y*
- —
KREF vs. GPMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KREF KKR Real Estate Finance Trust Inc. | -10.55% | -9.25% | -15.80% | 9.15% | -25.89% | 27.86% | -2.82% | 16.15% | 4.26% | -0.42% |
GPMT Granite Point Mortgage Trust Inc. | -43.04% | -7.03% | -49.00% | 28.79% | -48.31% | 26.55% | -41.53% | 11.51% | 11.09% | 0.98% |
Correlation
The correlation between KREF and GPMT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2017 | 0.58 |
The correlation between KREF and GPMT shifts across timeframes, from 0.41 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KREF:
$456.59M
GPMT:
$62.93M
KREF:
-$1.58
GPMT:
-$0.85
KREF:
1.27
GPMT:
0.47
KREF:
0.42
GPMT:
0.12
KREF:
$366.11M
GPMT:
$132.94M
KREF:
$298.61M
GPMT:
$74.25M
KREF:
$197.55M
GPMT:
$16.09M
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Return for Risk
KREF vs. GPMT — Risk / Return Rank
KREF
GPMT
KREF vs. GPMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR Real Estate Finance Trust Inc. (KREF) and Granite Point Mortgage Trust Inc. (GPMT). 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.
| KREF | GPMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.86 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | -0.73 | +0.34 |
| Martin ratioReturn relative to average drawdown | -0.75 | -1.32 | +0.57 |
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Drawdowns
KREF vs. GPMT - Drawdown Comparison
The maximum KREF drawdown since its inception was -57.33%, smaller than the maximum GPMT drawdown of -87.96%. Use the drawdown chart below to compare losses from any high point for KREF and GPMT.
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Drawdown Indicators
| KREF | GPMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.33% | -87.96% | +30.63% |
Max Drawdown (1Y)Largest decline over 1 year | -34.53% | -54.89% | +20.36% |
Max Drawdown (3Y)Largest decline over 3 years | -44.87% | -74.35% | +29.48% |
Max Drawdown (5Y)Largest decline over 5 years | -57.33% | -85.73% | +28.40% |
Current DrawdownCurrent decline from peak | -48.56% | -86.91% | +38.35% |
Average DrawdownAverage peak-to-trough decline | -19.64% | -40.82% | +21.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.96% | 30.41% | -12.45% |
Volatility
KREF vs. GPMT - Volatility Comparison
The current volatility for KKR Real Estate Finance Trust Inc. (KREF) is 9.95%, while Granite Point Mortgage Trust Inc. (GPMT) has a volatility of 11.67%. This indicates that KREF experiences smaller price fluctuations and is considered to be less risky than GPMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KREF | GPMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.95% | 11.67% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 25.44% | 36.85% | -11.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.99% | 45.94% | -15.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.06% | 43.83% | -13.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.75% | 85.52% | -54.77% |
Dividends
KREF vs. GPMT - Dividend Comparison
KREF's dividend yield for the trailing twelve months is around 14.16%, less than GPMT's 15.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GPMT Granite Point Mortgage Trust Inc. | 15.15% | 8.33% | 10.75% | 13.47% | 17.72% | 8.54% | 6.51% | 9.14% | 8.99% | 3.95% |
KREF KKR Real Estate Finance Trust Inc. | 14.16% | 12.17% | 9.90% | 13.00% | 12.32% | 9.53% | 9.60% | 8.42% | 8.83% | 4.95% |
Financials
KREF vs. GPMT - Financials Comparison
This section allows you to compare key financial metrics between KKR Real Estate Finance Trust Inc. and Granite Point Mortgage Trust Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
KREF and GPMT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPMT has higher volatility (11.67%) compared to KREF (9.95%). In terms of maximum drawdown, KREF dropped -57.33% vs GPMT's -87.96%.
KREF currently has the higher Sharpe Ratio (-0.45 vs -0.88), 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.
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