KBE vs ASA

Comparison between SPDR(R) S&P BANK ETF (KBE, ETF) and ASA Gold and Precious Metals Ltd (ASA, ETF).

5-Year PerformanceASA has outperformed KBE, delivering a return of +25.0% compared to +6.0%

KBE vs ASA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KBE(ETF)	ASA(ETF)
Net Assets	$1.30B	$1.40B
Expense Ratio	0.35%	N/A
Max Drawdown	84.59%	81.29%
Sharpe Ratio	1.02	1.92
5Y Beta	1.01	0.65
P/E Ratio	14.59	N/A
Forward P/E	11.02	N/A
5Y Dividends CAGR	6.74%	37.97%
5Y EPS CAGR	8.59%	N/A
Debt to Equity	-26.99%	N/A
P/S Ratio	3.32	N/A
P/B Ratio	1.28	N/A

Net Assets

KBE

$1.30B

Winner

ASA

$1.40B

Expense Ratio

KBE

0.35%

ASA

N/A

Max Drawdown

KBE

84.59%

Winner

ASA

81.29%

Sharpe Ratio

KBE

1.02

Winner

ASA

1.92

5Y Beta

KBE

1.01

Winner

ASA

0.65

P/E Ratio

KBE

14.59

ASA

N/A

Forward P/E

KBE

11.02

ASA

N/A

5Y Dividends CAGR

KBE

6.74%

Winner

ASA

37.97%

5Y EPS CAGR

KBE

8.59%

ASA

N/A

Debt to Equity

KBE

-26.99%

ASA

N/A

P/S Ratio

KBE

3.32

ASA

N/A

P/B Ratio

KBE

1.28

ASA

N/A

KBE vs ASA - Historical Returns

Returns include dividend reinvestment.

Period	KBE	ASA
1 month	+2.15%	+6.31%
3 months	-4.21%	-1.90%
6 months	+12.86%	+50.77%
1 year	+24.13%	+130.76%
5 years(CAGR)	+5.97%	+25.02%
10 years(CAGR)	+10.16%	+19.10%
Max(CAGR)	+3.55%	+10.70%

KBE

+2.15%

Winner

ASA

+6.31%

KBE

-4.21%

Winner

ASA

-1.90%

KBE

+12.86%

Winner

ASA

+50.77%

KBE

+24.13%

Winner

ASA

+130.76%

5Y(CAGR)

KBE

+5.97%

Winner

ASA

+25.02%

10Y(CAGR)

KBE

+10.16%

Winner

ASA

+19.10%

Max(CAGR)

KBE

+3.55%

Winner

ASA

+10.70%

KBE vs ASA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	KBE	ASA
2026	+5.31%	+18.74%
2025	+13.47%	+185.28%
2024	+23.28%	+33.84%
2023	+5.73%	+2.44%
2022	-16.50%	-31.22%
2021	+34.82%	-8.86%
2020	-8.85%	+59.82%
2019	+27.89%	+44.51%
2018	-19.85%	-17.92%
2017	+9.98%	-0.27%
2016	+33.85%	+52.33%
2015	+3.32%	-30.87%
2014	+3.89%	-18.39%
2013	+37.11%	-44.28%
2012	+19.94%	-18.82%
2011	-23.80%	-22.09%
2010	+19.99%	+32.28%
2009	-3.17%	+57.63%
2008	-46.17%	-31.94%
2007	-22.19%	+22.37%
2006	+14.46%	+10.44%
2005	+1.90%	+44.00%
2004	N/A	-9.96%
2003	N/A	+13.32%
2002	N/A	+111.50%
2001	N/A	+31.88%
2000	N/A	-18.67%
1999	N/A	-2.87%

KBE vs ASA Drawdown Comparison

The maximum drawdown for KBE was -83.19%, occurring on Mar 6, 2009. Recovery took 2718 trading sessions.

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The current KBE drawdown is -4.44%. The current ASA drawdown is -14.92%.

Rank	KBE	ASA
#1	-83.19% Feb 20, 2007 - Dec 4, 2017	-80.31% Dec 6, 2010 - Jun 2, 2025
#2	-53.11% Mar 9, 2018 - Feb 16, 2021	-65.13% Mar 14, 2008 - Sep 14, 2010
#3	-45.27% Jan 14, 2022 - Oct 16, 2024	-35.70% Jun 3, 2002 - Dec 13, 2002
#4	-25.99% Nov 25, 2024 - Sep 4, 2025	-32.51% Feb 27, 2026 - Mar 20, 2026
#5	-14.63% Feb 6, 2026 - Mar 18, 2026	-31.72% Nov 10, 1999 - May 16, 2001
#6	-14.49% Jun 1, 2021 - Oct 8, 2021	-28.66% Dec 2, 2003 - Sep 29, 2005
#7	-10.58% Sep 18, 2025 - Dec 10, 2025	-27.87% May 9, 2006 - Sep 25, 2007
#8	-10.30% Nov 3, 2021 - Jan 6, 2022	-23.62% Jan 3, 2003 - Aug 11, 2003
#9	-8.32% Mar 12, 2021 - May 5, 2021	-23.37% May 18, 2001 - Jan 16, 2002
#10	-7.82% Jan 23, 2018 - Mar 7, 2018	-17.89% Feb 2, 2006 - Apr 19, 2006
#11	-6.79% May 5, 2006 - Sep 20, 2006	-17.24% Oct 16, 2025 - Dec 1, 2025
#12	-4.77% Feb 24, 2021 - Mar 8, 2021	-17.12% Jan 28, 2026 - Feb 24, 2026
#13	-4.60% Oct 17, 2024 - Nov 6, 2024	-15.06% Nov 6, 2007 - Jan 3, 2008
#14	-4.46% Jan 11, 2006 - Feb 22, 2006	-11.68% Feb 8, 2002 - Mar 22, 2002
#15	-4.37% May 7, 2021 - May 14, 2021	-11.43% Jun 5, 2025 - Aug 7, 2025

Correlation

Correlation between KBE and ASA is 0.31 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.31

-101

Dividend Comparison (2000 - 2026)

KBE vs ASA dividend yield comparison.

Year	KBE	ASA
2026	0.52%	0.06%
2025	2.51%	0.10%
2024	2.35%	0.20%
2023	2.78%	0.13%
2022	2.99%	0.14%
2021	2.16%	0.09%
2020	2.44%	0.09%
2019	2.33%	0.15%
2018	2.18%	0.32%
2017	1.36%	0.35%
2016	1.39%	0.36%
2015	1.70%	0.56%
2014	1.59%	0.40%
2013	1.38%	1.47%
2012	2.07%	1.76%
2011	1.88%	1.37%
2010	0.51%	0.98%
2009	1.69%	1.81%
2008	6.26%	3.92%
2007	5.70%	3.06%
2006	3.39%	1.39%
2005	0.25%	1.64%
2004	0.00%	1.36%
2003	0.00%	1.76%
2002	0.00%	1.95%
2001	0.00%	4.00%
2000	0.00%	1.96%