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:
0.04
KRE:
0.79
NGL:
0.33
KRE:
1.38
NGL:
1.04
KRE:
1.17
NGL:
0.02
KRE:
0.62
NGL:
0.08
KRE:
3.20
NGL:
19.42%
KRE:
7.33%
NGL:
36.90%
KRE:
29.65%
NGL:
-94.73%
KRE:
-68.54%
NGL:
-72.22%
KRE:
-15.15%
Returns By Period
In the year-to-date period, NGL achieves a 9.82% return, which is significantly higher than KRE's 1.39% return. Over the past 10 years, NGL has underperformed KRE with an annualized return of -7.78%, while KRE has yielded a comparatively higher 7.69% annualized return.
NGL
9.82%
17.85%
12.76%
3.79%
-11.82%
-7.78%
KRE
1.39%
-4.88%
10.63%
25.10%
4.32%
7.69%
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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 2.56%.
| 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 | 2.56% | 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
NGL Energy Partners LP (NGL) has a higher volatility of 9.94% compared to SPDR S&P Regional Banking ETF (KRE) at 8.39%. This indicates that NGL's price experiences larger fluctuations and is considered to be riskier than KRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.