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RIET vs. KBWD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

RIET vs. KBWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hoya Capital High Dividend Yield ETF (RIET) and Invesco KBW High Dividend Yield Financial ETF (KBWD). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-9.81%
4.54%
RIET
KBWD

Returns By Period

In the year-to-date period, RIET achieves a 4.21% return, which is significantly lower than KBWD's 5.46% return.


RIET

YTD

4.21%

1M

-5.78%

6M

6.28%

1Y

18.79%

5Y (annualized)

N/A

10Y (annualized)

N/A

KBWD

YTD

5.46%

1M

-0.57%

6M

2.44%

1Y

15.62%

5Y (annualized)

3.37%

10Y (annualized)

4.16%

Key characteristics


RIETKBWD
Sharpe Ratio0.960.98
Sortino Ratio1.421.38
Omega Ratio1.181.18
Calmar Ratio0.631.07
Martin Ratio3.153.96
Ulcer Index5.36%4.21%
Daily Std Dev17.55%17.04%
Max Drawdown-34.55%-58.63%
Current Drawdown-13.24%-3.26%

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RIET vs. KBWD - Expense Ratio Comparison

RIET has a 0.50% expense ratio, which is lower than KBWD's 1.24% expense ratio.


KBWD
Invesco KBW High Dividend Yield Financial ETF
Expense ratio chart for KBWD: current value at 1.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.24%
Expense ratio chart for RIET: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.9

The correlation between RIET and KBWD is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

RIET vs. KBWD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) and Invesco KBW High Dividend Yield Financial ETF (KBWD). 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 RIET, currently valued at 1.08, compared to the broader market0.002.004.006.001.080.98
The chart of Sortino ratio for RIET, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.0010.0012.001.561.38
The chart of Omega ratio for RIET, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.18
The chart of Calmar ratio for RIET, currently valued at 0.70, compared to the broader market0.005.0010.0015.000.701.07
The chart of Martin ratio for RIET, currently valued at 3.50, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.503.96
RIET
KBWD

The current RIET Sharpe Ratio is 0.96, which is comparable to the KBWD Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of RIET and KBWD, 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 Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.08
0.98
RIET
KBWD

Dividends

RIET vs. KBWD - Dividend Comparison

RIET's dividend yield for the trailing twelve months is around 9.86%, less than KBWD's 12.05% yield.


TTM20232022202120202019201820172016201520142013
RIET
Hoya Capital High Dividend Yield ETF
9.86%9.38%9.38%2.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
KBWD
Invesco KBW High Dividend Yield Financial ETF
12.05%11.46%11.31%7.27%9.66%8.64%9.47%8.78%8.68%8.89%8.31%7.68%

Drawdowns

RIET vs. KBWD - Drawdown Comparison

The maximum RIET drawdown since its inception was -34.55%, smaller than the maximum KBWD drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for RIET and KBWD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-13.24%
-3.26%
RIET
KBWD

Volatility

RIET vs. KBWD - Volatility Comparison

The current volatility for Hoya Capital High Dividend Yield ETF (RIET) is 4.27%, while Invesco KBW High Dividend Yield Financial ETF (KBWD) has a volatility of 4.92%. This indicates that RIET experiences smaller price fluctuations and is considered to be less risky than KBWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.27%
4.92%
RIET
KBWD