RINC vs. KBWY

Last updated Jun 4, 2026

RINC (AXS Real Estate Income ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both REIT funds - RINC tracks the Gapstow Real Estate Income Index while KBWY tracks the KBW Premium Yield Equity REIT Index. Both are passively managed. A 0.62 correlation means they provide meaningful diversification when combined. RINC charges 0.89%/yr vs 0.35%/yr for KBWY.

Performance

RINC vs. KBWY - Performance Comparison

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

Returns By Period

RINC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

RINC vs. KBWY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RINC AXS Real Estate Income ETF	0.00%	7.75%	-5.74%	1.71%
KBWY Invesco KBW Premium Yield Equity REIT ETF	17.06%	-5.30%	-3.49%	11.34%

Correlation

The correlation between RINC and KBWY is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 29, 2023	0.62

Over the past year, the correlation between RINC and KBWY has dropped to 0.31 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

RINC vs. KBWY — Risk / Return Rank

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

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.

RINC vs. KBWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS Real Estate Income ETF (RINC) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RINC	KBWY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.38	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.10	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.20	—

Drawdowns

Drawdown Indicators

	RINC	KBWY	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.68%	—
Current Drawdown Current decline from peak	—	-10.82%	—
Average Drawdown Average peak-to-trough decline	—	-14.18%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.88%	—

Volatility

Volatility by Period

	RINC	KBWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.44%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.61%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.05%	—

RINC vs. KBWY - Expense Ratio Comparison

RINC has a 0.89% expense ratio, which is higher than KBWY's 0.35% expense ratio.

Dividends

RINC vs. KBWY - Dividend Comparison

RINC's dividend yield for the trailing twelve months is around 2.16%, less 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%
RINC AXS Real Estate Income ETF	2.16%	6.04%	10.85%	3.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RINC and KBWY in my portfolio?

RINC and KBWY have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RINC or KBWY?

On fees, KBWY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RINC or KBWY?

KBWY is cheaper with a 0.35% expense ratio, compared with 0.89% for RINC.

Which ETF pays a higher dividend yield, RINC or KBWY?

KBWY has the higher dividend yield at 8.64%, compared with 2.16% for RINC.

What is the main difference between RINC and KBWY?

RINC tracks Gapstow Real Estate Income Index, while KBWY tracks KBW Premium Yield Equity REIT Index. They also come from different issuers: AXS and Invesco. Their fees differ too: 0.89% for RINC and 0.35% for KBWY.