NGL vs. KRE
Compare and contrast key facts about NGL Energy Partners LP (NGL) and SPDR S&P Regional Banking ETF (KRE).
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: NGL or KRE.
Correlation
The correlation between NGL and KRE is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NGL vs. KRE - Performance Comparison
Key characteristics
NGL:
-0.44
KRE:
0.68
NGL:
-0.36
KRE:
1.24
NGL:
0.95
KRE:
1.15
NGL:
-0.25
KRE:
0.51
NGL:
-0.92
KRE:
2.52
NGL:
21.43%
KRE:
7.71%
NGL:
44.24%
KRE:
28.50%
NGL:
-94.73%
KRE:
-68.54%
NGL:
-76.38%
KRE:
-20.13%
Returns By Period
In the year-to-date period, NGL achieves a -6.61% return, which is significantly lower than KRE's -4.56% return. Over the past 10 years, NGL has underperformed KRE with an annualized return of -9.16%, while KRE has yielded a comparatively higher 5.94% annualized return.
NGL
-6.61%
0.43%
6.39%
-19.38%
21.02%
-9.16%
KRE
-4.56%
-5.85%
6.23%
21.68%
17.53%
5.94%
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Risk-Adjusted Performance
NGL vs. KRE — Risk-Adjusted Performance Rank
NGL
KRE
NGL vs. KRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NGL Energy Partners LP (NGL) and SPDR S&P Regional Banking ETF (KRE). 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
NGL vs. KRE - Dividend Comparison
NGL has not paid dividends to shareholders, while KRE's dividend yield for the trailing twelve months is around 2.73%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGL NGL Energy Partners LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.08% | 13.76% | 16.27% | 15.91% | 8.62% | 22.79% | 8.15% |
KRE SPDR S&P Regional Banking ETF | 2.73% | 2.59% | 2.99% | 2.51% | 1.97% | 2.78% | 2.21% | 2.25% | 1.40% | 1.39% | 1.80% | 1.60% |
Drawdowns
NGL vs. KRE - Drawdown Comparison
The maximum NGL drawdown since its inception was -94.73%, which is greater than KRE's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for NGL and KRE. For additional features, visit the drawdowns tool.
Volatility
NGL vs. KRE - Volatility Comparison
The current volatility for NGL Energy Partners LP (NGL) is 5.96%, while SPDR S&P Regional Banking ETF (KRE) has a volatility of 7.11%. This indicates that NGL experiences smaller price fluctuations and is considered to be less risky than KRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.