RDVY vs. KBWY
RDVY (First Trust Rising Dividend Achievers ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both exchange-traded funds - RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index, while KBWY is a REIT fund tracking the KBW Nasdaq Premium Yield Equity REIT Index. Both are passively managed. Over the past 10 years, RDVY returned 16.57%/yr vs 1.51%/yr for KBWY. A 0.57 correlation means they provide meaningful diversification when combined. RDVY charges 0.47%/yr vs 0.35%/yr for KBWY.
Performance
RDVY vs. KBWY - Performance Comparison
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Returns By Period
In the year-to-date period, RDVY achieves a 13.93% return, which is significantly lower than KBWY's 23.12% return. Over the past 10 years, RDVY has outperformed KBWY with an annualized return of 16.57%, while KBWY has yielded a comparatively lower 1.51% annualized return.
RDVY
- 1D
- 0.47%
- 1M
- 4.92%
- YTD
- 13.93%
- 6M
- 11.90%
- 1Y
- 28.72%
- 3Y*
- 21.86%
- 5Y*
- 12.43%
- 10Y*
- 16.57%
KBWY
- 1D
- 0.46%
- 1M
- 5.21%
- YTD
- 23.12%
- 6M
- 23.78%
- 1Y
- 26.05%
- 3Y*
- 12.15%
- 5Y*
- 2.95%
- 10Y*
- 1.51%
RDVY vs. KBWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RDVY First Trust Rising Dividend Achievers ETF | 13.93% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -9.92% | 22.75% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 23.12% | -5.30% | -3.49% | 12.88% | -19.00% | 31.22% | -25.83% | 23.36% | -18.20% | 0.81% |
Correlation
The correlation between RDVY and KBWY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014 | 0.57 |
The correlation between RDVY and KBWY shifts across timeframes, from 0.48 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RDVY vs. KBWY — Risk / Return Rank
RDVY
KBWY
RDVY vs. KBWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) 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.
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.
| RDVY | KBWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.26 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 2.83 | +0.36 |
| Martin ratioReturn relative to average drawdown | 13.43 | 6.73 | +6.69 |
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Drawdowns
RDVY vs. KBWY - Drawdown Comparison
The maximum RDVY drawdown since its inception was -40.60%, smaller than the maximum KBWY drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for RDVY and KBWY.
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Drawdown Indicators
| RDVY | KBWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -57.68% | +17.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -9.24% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -19.11% | -29.93% | +10.82% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | -32.29% | +6.97% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -57.68% | +17.08% |
Current DrawdownCurrent decline from peak | -0.94% | -6.21% | +5.27% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -14.15% | +9.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 3.88% | -1.74% |
Volatility
RDVY vs. KBWY - Volatility Comparison
First Trust Rising Dividend Achievers ETF (RDVY) and Invesco KBW Premium Yield Equity REIT ETF (KBWY) have volatilities of 5.06% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDVY | KBWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 4.86% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 11.57% | 12.07% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.47% | 16.76% | -2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.96% | 21.61% | -2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.10% | 27.07% | -5.97% |
RDVY vs. KBWY - Expense Ratio Comparison
RDVY has a 0.47% expense ratio, which is higher than KBWY's 0.35% expense ratio.
Dividends
RDVY vs. KBWY - Dividend Comparison
RDVY's dividend yield for the trailing twelve months is around 0.89%, less than KBWY's 8.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.24% | 9.79% | 8.74% | 7.90% | 7.41% | 5.05% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% |
RDVY First Trust Rising Dividend Achievers ETF | 0.89% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Frequently Asked Questions
RDVY and KBWY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDVY has higher volatility (5.06%) compared to KBWY (4.86%). In terms of maximum drawdown, RDVY dropped -40.60% vs KBWY's -57.68%.
On 10-year performance, RDVY leads with 16.57% vs 1.51% for KBWY. On fees, KBWY is cheaper at 0.35% per year. On volatility, KBWY has been the lower-risk option at 4.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RDVY has performed better with a 16.57% return vs 1.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KBWY is cheaper with a 0.35% expense ratio, compared with 0.47% for RDVY.
KBWY has the higher dividend yield at 8.24%, compared with 0.89% for RDVY.
RDVY is categorized as Dividend, while KBWY is REIT. RDVY tracks Nasdaq US Rising Dividend Achievers Index, while KBWY tracks KBW Nasdaq Premium Yield Equity REIT Index. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.47% for RDVY and 0.35% for KBWY.
RDVY currently has the higher Sharpe Ratio (2.00 vs 1.56), 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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