XLF vs. KBWB
Compare and contrast key facts about Financial Select Sector SPDR Fund (XLF) and Invesco KBW Bank ETF (KBWB).
XLF and KBWB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. KBWB is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Bank Index. It was launched on Nov 1, 2011. Both XLF and KBWB 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: XLF or KBWB.
Performance
XLF vs. KBWB - Performance Comparison
Returns By Period
In the year-to-date period, XLF achieves a 34.14% return, which is significantly lower than KBWB's 44.12% return. Over the past 10 years, XLF has outperformed KBWB with an annualized return of 11.94%, while KBWB has yielded a comparatively lower 9.03% annualized return.
XLF
34.14%
5.03%
18.26%
45.53%
13.12%
11.94%
KBWB
44.12%
10.04%
27.34%
69.04%
7.60%
9.03%
Key characteristics
| XLF | KBWB | |
|---|---|---|
| Sharpe Ratio | 3.35 | 3.02 |
| Sortino Ratio | 4.71 | 4.29 |
| Omega Ratio | 1.61 | 1.54 |
| Calmar Ratio | 3.56 | 1.67 |
| Martin Ratio | 23.90 | 22.20 |
| Ulcer Index | 1.93% | 3.07% |
| Daily Std Dev | 13.75% | 22.59% |
| Max Drawdown | -82.69% | -50.27% |
| Current Drawdown | -0.04% | -0.10% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XLF vs. KBWB - Expense Ratio Comparison
XLF has a 0.13% expense ratio, which is lower than KBWB's 0.35% expense ratio.
Correlation
The correlation between XLF and KBWB is 0.94, 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
XLF vs. KBWB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Financial Select Sector SPDR Fund (XLF) and Invesco KBW Bank ETF (KBWB). 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
XLF vs. KBWB - Dividend Comparison
XLF's dividend yield for the trailing twelve months is around 1.33%, less than KBWB's 2.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLF Financial Select Sector SPDR Fund | 1.33% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
KBWB Invesco KBW Bank ETF | 2.36% | 3.20% | 3.05% | 2.13% | 2.63% | 2.38% | 2.54% | 1.35% | 1.53% | 1.53% | 1.52% | 1.43% |
Drawdowns
XLF vs. KBWB - Drawdown Comparison
The maximum XLF drawdown since its inception was -82.69%, which is greater than KBWB's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for XLF and KBWB. For additional features, visit the drawdowns tool.
Volatility
XLF vs. KBWB - Volatility Comparison
The current volatility for Financial Select Sector SPDR Fund (XLF) is 7.04%, while Invesco KBW Bank ETF (KBWB) has a volatility of 11.57%. This indicates that XLF experiences smaller price fluctuations and is considered to be less risky than KBWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.