RC vs. KBWY

Last updated Jun 4, 2026

RC (Ready Capital Corporation) is a stock, while KBWY (Invesco KBW Premium Yield Equity REIT ETF) is REIT fund tracking the KBW Premium Yield Equity REIT Index. Over the past 10 years, RC returned -10.07%/yr vs 1.18%/yr for KBWY. At a 0.50 correlation, their price movements are largely independent.

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.

Returns By Period

In the year-to-date period, RC achieves a -27.99% return, which is significantly lower than KBWY's 17.06% return. Over the past 10 years, RC has underperformed KBWY with an annualized return of -10.07%, while KBWY has yielded a comparatively higher 1.18% annualized return.

RC

• 1D: -6.02%
• 1M: -16.13%
• YTD: -27.99%
• 6M: -43.27%
• 1Y: -60.80%
• 3Y*: -41.58%
• 5Y*: -28.80%
• 10Y*: -10.07%

KBWY

• 1D: -0.81%
• 1M: 5.63%
• YTD: 17.06%
• 6M: 17.05%
• 1Y: 22.51%
• 3Y*: 9.10%
• 5Y*: 2.15%
• 10Y*: 1.18%

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

RC vs. KBWY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RC Ready Capital Corporation	-27.99%	-65.04%	-23.49%	5.93%	-18.28%	40.09%	-7.25%	23.64%	1.18%	24.26%
KBWY Invesco KBW Premium Yield Equity REIT ETF	17.06%	-5.30%	-3.49%	12.88%	-19.00%	31.22%	-25.83%	23.36%	-18.20%	0.81%

Correlation

The correlation between RC and KBWY is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Feb 11, 2013	0.50

The correlation between RC and KBWY shifts across timeframes, from 0.45 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RC vs. KBWY — Risk / Return Rank

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

RC

RC Risk / Return Rank: 4
RC Sharpe Ratio Rank: 2
RC Sortino Ratio Rank: 2
RC Omega Ratio Rank: 4
RC Calmar Ratio Rank: 5
RC Martin Ratio Rank: 7

KBWY

KBWY Risk / Return Rank: 39
KBWY Sharpe Ratio Rank: 38
KBWY Sortino Ratio Rank: 38
KBWY Omega Ratio Rank: 34
KBWY Calmar Ratio Rank: 49
KBWY Martin Ratio Rank: 37

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.

RC vs. KBWY - Risk-Adjusted Trends 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.

	RC	KBWY	Difference
Sharpe ratio: Return per unit of total volatility	-1.16	1.38	-2.54
Sortino ratio: Return per unit of downside risk	-2.07	2.00	-4.08
Omega ratio: Gain probability vs. loss probability	0.78	1.23	-0.46
Calmar ratio: Return relative to maximum drawdown	-0.92	2.45	-3.36
Martin ratio: Return relative to average drawdown	-1.41	5.82	-7.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RC vs. KBWY - Sharpe Ratio Comparison

The current RC Sharpe Ratio is -1.16, which is lower than the KBWY Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of RC and KBWY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RC	KBWY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.16	1.38	-2.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.75	0.10	-0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.22	0.04	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	0.20	-0.38

Drawdowns

RC vs. KBWY - Drawdown Comparison

The maximum RC drawdown since its inception was -84.58%, 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.

Drawdown Indicators

	RC	KBWY	Difference
Max Drawdown Largest peak-to-trough decline	-84.58%	-57.68%	-26.90%
Max Drawdown (1Y) Largest decline over 1 year	-66.41%	-9.24%	-57.17%
Max Drawdown (3Y) Largest decline over 3 years	-83.04%	-29.93%	-53.11%
Max Drawdown (5Y) Largest decline over 5 years	-84.58%	-32.29%	-52.29%
Max Drawdown (10Y) Largest decline over 10 years	-84.58%	-57.68%	-26.90%
Current Drawdown Current decline from peak	-83.97%	-10.82%	-73.15%
Average Drawdown Average peak-to-trough decline	-18.21%	-14.18%	-4.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.15%	3.88%	+39.27%

Volatility

RC vs. KBWY - Volatility Comparison

Ready Capital Corporation (RC) has a higher volatility of 22.52% compared to Invesco KBW Premium Yield Equity REIT ETF (KBWY) at 4.73%. 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.

Volatility by Period

	RC	KBWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.52%	4.73%	+17.79%
Volatility (6M) Calculated over the trailing 6-month period	43.93%	11.61%	+32.32%
Volatility (1Y) Calculated over the trailing 1-year period	52.55%	16.44%	+36.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.75%	21.61%	+17.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.90%	27.05%	+19.85%

Dividends

RC vs. KBWY - Dividend Comparison

RC's dividend yield for the trailing twelve months is around 17.31%, more than KBWY's 8.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KBWY Invesco KBW Premium Yield Equity REIT ETF	8.64%	9.79%	8.74%	7.90%	7.41%	5.05%	10.35%	6.19%	8.64%	7.25%	6.55%	5.72%
RC Ready Capital Corporation	17.31%	17.66%	16.13%	14.24%	14.90%	10.62%	10.44%	10.38%	11.35%	9.77%	11.52%	10.61%

Frequently Asked Questions

Can I hold both RC and KBWY in my portfolio?

RC and KBWY have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RC or KBWY?

RC has higher volatility (22.52%) compared to KBWY (4.73%). In terms of maximum drawdown, RC dropped -84.58% vs KBWY's -57.68%.

Which has better risk-adjusted returns?

KBWY currently has the higher Sharpe Ratio (1.38 vs -1.16), 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.