RDW vs. KCE
RDW (Redwire Corporation) is a stock, while KCE (SPDR S&P Capital Markets ETF) is Financials Equities fund tracking the S&P Capital Markets Select Industry Index. Over the past 3 years, RDW returned 79.83%/yr vs 24.58%/yr for KCE. At a 0.45 correlation, their price movements are largely independent.
Performance
RDW vs. KCE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RDW achieves a 98.95% return, which is significantly higher than KCE's 3.66% return.
RDW
- 1D
- -11.53%
- 1M
- 8.08%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -20.75%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
KCE
- 1D
- 1.60%
- 1M
- 0.31%
- YTD
- 3.66%
- 6M
- 2.73%
- 1Y
- 16.75%
- 3Y*
- 24.58%
- 5Y*
- 12.87%
- 10Y*
- 17.65%
RDW vs. KCE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
KCE SPDR S&P Capital Markets ETF | 3.66% | 10.76% | 37.51% | 32.04% | -22.14% | 4.72% |
Correlation
The correlation between RDW and KCE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.45 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RDW vs. KCE — Risk / Return Rank
RDW
KCE
RDW vs. KCE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) and SPDR S&P Capital Markets ETF (KCE). 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.
| RDW | KCE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.13 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 0.82 | -1.11 |
| Martin ratioReturn relative to average drawdown | -0.42 | 2.14 | -2.56 |
Loading charts...
Drawdowns
RDW vs. KCE - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than KCE's maximum drawdown of -74.00%. Use the drawdown chart below to compare losses from any high point for RDW and KCE.
Loading charts...
Drawdown Indicators
| RDW | KCE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -74.00% | -13.26% |
Max Drawdown (1Y)Largest decline over 1 year | -75.40% | -17.44% | -57.96% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -26.31% | -53.97% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.78% | — |
Current DrawdownCurrent decline from peak | -41.62% | -3.75% | -37.87% |
Average DrawdownAverage peak-to-trough decline | -59.30% | -22.78% | -36.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.88% | 6.70% | +45.18% |
Volatility
RDW vs. KCE - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 53.68% compared to SPDR S&P Capital Markets ETF (KCE) at 6.04%. This indicates that RDW's price experiences larger fluctuations and is considered to be riskier than KCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RDW | KCE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.68% | 6.04% | +47.64% |
Volatility (6M)Calculated over the trailing 6-month period | 94.49% | 15.31% | +79.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.63% | 20.12% | +98.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.83% | 23.08% | +73.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.83% | 23.10% | +73.73% |
Dividends
RDW vs. KCE - Dividend Comparison
RDW has not paid dividends to shareholders, while KCE's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KCE SPDR S&P Capital Markets ETF | 1.67% | 1.63% | 1.56% | 1.82% | 2.42% | 1.53% | 2.20% | 2.32% | 2.67% | 1.95% | 2.30% | 2.43% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RDW and KCE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to KCE (6.04%). In terms of maximum drawdown, RDW dropped -87.26% vs KCE's -74.00%.
KCE currently has the higher Sharpe Ratio (0.71 vs -0.18), 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.
Find the right allocation for RDW and KCE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer