ZURN.SW vs. KBWP
Compare and contrast key facts about Zurich Insurance Group AG (ZURN.SW) and Invesco KBW Property & Casualty Insurance ETF (KBWP).
KBWP is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Property & Casualty (TR). It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZURN.SW or KBWP.
Key characteristics
| ZURN.SW | KBWP | |
|---|---|---|
| YTD Return | 24.46% | 34.30% |
| 1Y Return | 26.65% | 39.82% |
| 3Y Return (Ann) | 14.05% | 17.26% |
| 5Y Return (Ann) | 11.71% | 13.67% |
| 10Y Return (Ann) | 12.23% | 13.71% |
| Sharpe Ratio | 1.97 | 2.48 |
| Sortino Ratio | 2.75 | 3.22 |
| Omega Ratio | 1.35 | 1.45 |
| Calmar Ratio | 3.70 | 5.88 |
| Martin Ratio | 11.80 | 15.95 |
| Ulcer Index | 2.22% | 2.44% |
| Daily Std Dev | 13.27% | 15.71% |
| Max Drawdown | -88.78% | -39.77% |
| Current Drawdown | -2.01% | -0.03% |
Correlation
The correlation between ZURN.SW and KBWP is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ZURN.SW vs. KBWP - Performance Comparison
In the year-to-date period, ZURN.SW achieves a 24.46% return, which is significantly lower than KBWP's 34.30% return. Over the past 10 years, ZURN.SW has underperformed KBWP with an annualized return of 12.23%, while KBWP has yielded a comparatively higher 13.71% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ZURN.SW vs. KBWP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zurich Insurance Group AG (ZURN.SW) and Invesco KBW Property & Casualty Insurance ETF (KBWP). 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
ZURN.SW vs. KBWP - Dividend Comparison
ZURN.SW's dividend yield for the trailing twelve months is around 5.03%, more than KBWP's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZURN.SW Zurich Insurance Group AG | 5.03% | 5.46% | 4.97% | 5.00% | 5.35% | 4.78% | 6.14% | 3.81% | 6.06% | 6.58% | 5.45% | 6.58% |
KBWP Invesco KBW Property & Casualty Insurance ETF | 1.30% | 1.68% | 1.99% | 3.02% | 1.93% | 1.99% | 2.11% | 1.90% | 2.14% | 1.35% | 2.73% | 1.72% |
Drawdowns
ZURN.SW vs. KBWP - Drawdown Comparison
The maximum ZURN.SW drawdown since its inception was -88.78%, which is greater than KBWP's maximum drawdown of -39.77%. Use the drawdown chart below to compare losses from any high point for ZURN.SW and KBWP. For additional features, visit the drawdowns tool.
Volatility
ZURN.SW vs. KBWP - Volatility Comparison
The current volatility for Zurich Insurance Group AG (ZURN.SW) is 3.28%, while Invesco KBW Property & Casualty Insurance ETF (KBWP) has a volatility of 6.56%. This indicates that ZURN.SW experiences smaller price fluctuations and is considered to be less risky than KBWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.