IVOL vs KBWP

Comparison between QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF (IVOL, ETF) and INVESCO KBW PROPERTY & CASUALTY INSURANCE ETF (KBWP, ETF).

5-Year PerformanceKBWP has outperformed IVOL, delivering a return of +13.3% compared to -5.5%

IVOL vs KBWP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IVOL(ETF)	KBWP(ETF)
Net Assets	$272M	$273M
Expense Ratio	0.98%	0.35%
Max Drawdown	40.71%	40.31%
Sharpe Ratio	-1.79	0.61
5Y Beta	-0.19	0.30
P/E Ratio	N/A	10.86
Forward P/E	N/A	12.23
PEG Ratio	N/A	0.18
5Y Dividends CAGR	-6.18%	9.21%
5Y EPS CAGR	N/A	17.99%
Debt to Equity	N/A	39.79%
P/S Ratio	N/A	1.61
P/B Ratio	N/A	2.07

Net Assets

IVOL

$272M

Winner

KBWP

$273M

Expense Ratio

IVOL

0.98%

Winner

KBWP

0.35%

Max Drawdown

IVOL

40.71%

Winner

KBWP

40.31%

Sharpe Ratio

IVOL

-1.79

Winner

KBWP

0.61

5Y Beta

Winner

IVOL

-0.19

KBWP

0.30

P/E Ratio

IVOL

N/A

KBWP

10.86

Forward P/E

IVOL

N/A

KBWP

12.23

PEG Ratio

IVOL

N/A

KBWP

0.18

5Y Dividends CAGR

IVOL

-6.18%

Winner

KBWP

9.21%

5Y EPS CAGR

IVOL

N/A

KBWP

17.99%

Debt to Equity

IVOL

N/A

KBWP

39.79%

P/S Ratio

IVOL

N/A

KBWP

1.61

P/B Ratio

IVOL

N/A

KBWP

2.07

IVOL vs KBWP - Historical Returns

Returns include dividend reinvestment.

Period	IVOL	KBWP
1 month	+1.61%	+1.03%
3 months	-1.52%	+13.50%
6 months	-6.68%	+11.56%
1 year	-8.63%	+14.91%
5 years(CAGR)	-5.53%	+13.27%
10 years(CAGR)	N/A	+12.94%
Max(CAGR)	-1.37%	+13.73%

Winner

IVOL

+1.61%

KBWP

+1.03%

IVOL

-1.52%

Winner

KBWP

+13.50%

IVOL

-6.68%

Winner

KBWP

+11.56%

IVOL

-8.63%

Winner

KBWP

+14.91%

5Y(CAGR)

IVOL

-5.53%

Winner

KBWP

+13.27%

10Y(CAGR)

IVOL

N/A

KBWP

+12.94%

Max(CAGR)

IVOL

-1.37%

Winner

KBWP

+13.73%

IVOL vs KBWP - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	IVOL	KBWP
2026	-6.55%	+10.30%
2025	+12.03%	+12.19%
2024	-10.51%	+28.79%
2023	-4.63%	+6.85%
2022	-12.97%	+10.93%
2021	-0.69%	+23.29%
2020	+14.96%	-1.94%
2019	+3.23%	+30.22%
2018	N/A	-0.62%
2017	N/A	+9.12%
2016	N/A	+22.06%
2015	N/A	+16.27%
2014	N/A	+12.15%
2013	N/A	+32.29%
2012	N/A	+24.21%
2011	N/A	-0.75%
2010	N/A	-0.04%

IVOL vs KBWP Drawdown Comparison

The maximum drawdown for IVOL was -31.17%, occurring on Dec 18, 2024. This drawdown has not yet recovered.

The maximum drawdown for KBWP was -39.74%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.

The current IVOL drawdown is -26.83%. The current KBWP drawdown is -2.47%.

Rank	IVOL	KBWP
#1	-31.17% May 10, 2021 - Dec 18, 2024	-39.74% Feb 11, 2020 - Mar 8, 2021
#2	-8.02% Mar 6, 2020 - Mar 26, 2020	-19.06% Apr 29, 2011 - Feb 3, 2012
#3	-3.93% Mar 26, 2020 - Apr 8, 2020	-17.01% Apr 1, 2022 - Nov 25, 2022
#4	-3.23% Jun 6, 2019 - Feb 28, 2020	-16.57% Sep 21, 2018 - Apr 11, 2019
#5	-2.52% Apr 13, 2020 - May 8, 2020	-13.35% Feb 7, 2023 - Nov 22, 2023
#6	-2.26% Feb 16, 2021 - May 5, 2021	-12.29% Nov 27, 2024 - Apr 1, 2025
#7	-1.94% Aug 31, 2020 - Dec 2, 2020	-12.27% Aug 4, 2017 - Nov 29, 2017
#8	-1.50% May 16, 2019 - May 30, 2019	-11.59% Apr 1, 2025 - May 19, 2025
#9	-1.37% May 8, 2020 - Jun 4, 2020	-10.43% Dec 31, 2013 - May 29, 2014
#10	-1.22% Jun 5, 2020 - Aug 5, 2020	-9.61% Dec 29, 2015 - Mar 17, 2016
#11	-0.51% Aug 17, 2020 - Aug 25, 2020	-9.57% Dec 30, 2025 - Jun 26, 2026
#12	-0.47% Jan 21, 2021 - Feb 3, 2021	-8.92% May 10, 2021 - Aug 20, 2021
#13	-0.39% Dec 21, 2020 - Jan 4, 2021	-8.45% Jun 2, 2025 - Dec 12, 2025
#14	-0.39% Jan 7, 2021 - Jan 14, 2021	-8.30% Aug 18, 2015 - Oct 20, 2015
#15	-0.31% Feb 8, 2021 - Feb 12, 2021	-7.48% Oct 25, 2021 - Jan 4, 2022

Correlation

Correlation between IVOL and KBWP is -0.72 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.72

-101

Dividend Comparison (2011 - 2026)

IVOL vs KBWP dividend yield comparison.

Year	IVOL	KBWP
2026	2.19%	1.09%
2025	3.61%	1.58%
2024	3.83%	1.64%
2023	3.73%	1.68%
2022	3.92%	1.99%
2021	3.93%	3.02%
2020	3.44%	1.93%
2019	2.02%	1.99%
2018	0.00%	2.11%
2017	0.00%	1.90%
2016	0.00%	2.14%
2015	0.00%	1.35%
2014	0.00%	2.73%
2013	0.00%	1.72%
2012	0.00%	3.06%
2011	0.00%	2.86%