SRET vs. KBWY
Compare and contrast key facts about Global X SuperDividend REIT ETF (SRET) and Invesco KBW Premium Yield Equity REIT ETF (KBWY).
SRET and KBWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SRET is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend REIT Index. It was launched on Mar 17, 2015. KBWY is a passively managed fund by Invesco that tracks the performance of the KBW Premium Yield Equity REIT Index. It was launched on Dec 2, 2010. Both SRET and KBWY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SRET or KBWY.
Performance
SRET vs. KBWY - Performance Comparison
Returns By Period
In the year-to-date period, SRET achieves a 1.87% return, which is significantly lower than KBWY's 3.93% return.
SRET
1.87%
-2.47%
8.61%
12.84%
-7.34%
N/A
KBWY
3.93%
-4.97%
14.17%
19.33%
-0.93%
1.87%
Key characteristics
| SRET | KBWY | |
|---|---|---|
| Sharpe Ratio | 0.86 | 0.86 |
| Sortino Ratio | 1.27 | 1.32 |
| Omega Ratio | 1.16 | 1.17 |
| Calmar Ratio | 0.28 | 0.61 |
| Martin Ratio | 1.84 | 2.01 |
| Ulcer Index | 6.77% | 8.74% |
| Daily Std Dev | 14.46% | 20.44% |
| Max Drawdown | -66.98% | -57.68% |
| Current Drawdown | -35.97% | -13.34% |
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SRET vs. KBWY - Expense Ratio Comparison
SRET has a 0.58% expense ratio, which is higher than KBWY's 0.35% expense ratio.
Correlation
The correlation between SRET and KBWY is 0.79, 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
SRET vs. KBWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend REIT ETF (SRET) 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.
Dividends
SRET vs. KBWY - Dividend Comparison
SRET's dividend yield for the trailing twelve months is around 8.06%, which matches KBWY's 8.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRET Global X SuperDividend REIT ETF | 8.06% | 7.21% | 8.30% | 6.33% | 8.92% | 7.77% | 8.53% | 8.23% | 7.22% | 7.76% | 0.00% | 0.00% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.08% | 7.90% | 7.41% | 5.06% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% | 4.85% |
Drawdowns
SRET vs. KBWY - Drawdown Comparison
The maximum SRET drawdown since its inception was -66.98%, which is greater than KBWY's maximum drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for SRET and KBWY. For additional features, visit the drawdowns tool.
Volatility
SRET vs. KBWY - Volatility Comparison
The current volatility for Global X SuperDividend REIT ETF (SRET) is 3.48%, while Invesco KBW Premium Yield Equity REIT ETF (KBWY) has a volatility of 4.28%. This indicates that SRET experiences smaller price fluctuations and is considered to be less risky than KBWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.