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RC vs. KBWY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RC and KBWY is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

RC vs. KBWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ready Capital Corporation (RC) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-9.76%
7.14%
RC
KBWY

Key characteristics

Sharpe Ratio

RC:

-0.83

KBWY:

-0.12

Sortino Ratio

RC:

-1.05

KBWY:

-0.03

Omega Ratio

RC:

0.88

KBWY:

1.00

Calmar Ratio

RC:

-0.61

KBWY:

-0.08

Martin Ratio

RC:

-1.27

KBWY:

-0.26

Ulcer Index

RC:

19.00%

KBWY:

9.06%

Daily Std Dev

RC:

28.96%

KBWY:

19.54%

Max Drawdown

RC:

-76.33%

KBWY:

-57.68%

Current Drawdown

RC:

-35.82%

KBWY:

-19.41%

Returns By Period

In the year-to-date period, RC achieves a -22.87% return, which is significantly lower than KBWY's -3.35% return. Over the past 10 years, RC has outperformed KBWY with an annualized return of 2.75%, while KBWY has yielded a comparatively lower 0.59% annualized return.


RC

YTD

-22.87%

1M

-1.31%

6M

-9.11%

1Y

-24.18%

5Y*

-2.39%

10Y*

2.75%

KBWY

YTD

-3.35%

1M

-7.34%

6M

7.20%

1Y

-1.35%

5Y*

-2.86%

10Y*

0.59%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

RC vs. KBWY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ready Capital Corporation (RC) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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 RC, currently valued at -0.83, compared to the broader market-4.00-2.000.002.00-0.83-0.07
The chart of Sortino ratio for RC, currently valued at -1.05, compared to the broader market-4.00-2.000.002.004.00-1.050.04
The chart of Omega ratio for RC, currently valued at 0.88, compared to the broader market0.501.001.502.000.881.00
The chart of Calmar ratio for RC, currently valued at -0.61, compared to the broader market0.002.004.006.00-0.61-0.05
The chart of Martin ratio for RC, currently valued at -1.27, compared to the broader market0.0010.0020.00-1.27-0.15
RC
KBWY

The current RC Sharpe Ratio is -0.83, which is lower than the KBWY Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of RC and KBWY, 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 Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.83
-0.07
RC
KBWY

Dividends

RC vs. KBWY - Dividend Comparison

RC's dividend yield for the trailing twelve months is around 16.12%, more than KBWY's 7.96% yield.


TTM20232022202120202019201820172016201520142013
RC
Ready Capital Corporation
16.12%14.24%14.90%10.62%10.44%10.38%11.35%9.77%13.75%10.61%9.28%13.23%
KBWY
Invesco KBW Premium Yield Equity REIT ETF
7.96%7.90%7.41%5.06%10.35%6.19%8.64%7.25%6.55%5.72%4.57%4.85%

Drawdowns

RC vs. KBWY - Drawdown Comparison

The maximum RC drawdown since its inception was -76.33%, which is greater than KBWY's maximum drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for RC and KBWY. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-35.82%
-19.41%
RC
KBWY

Volatility

RC vs. KBWY - Volatility Comparison

Ready Capital Corporation (RC) has a higher volatility of 8.74% compared to Invesco KBW Premium Yield Equity REIT ETF (KBWY) at 5.42%. This indicates that RC's price experiences larger fluctuations and is considered to be riskier than KBWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.74%
5.42%
RC
KBWY
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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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