KREF vs GSRT

Comparison between KKR Real Estate Finance Trust Inc (KREF, Company) and GSR III Acquisition Corp - Class A (GSRT, Company).

KREF vs GSRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KREF(COMPANY)	GSRT(COMPANY)
Market Cap	$454M	$453M
Max Drawdown	74.61%	9.03%
Sharpe Ratio	-0.40	1.65
5Y Beta	0.80	N/A
Industry	Reit - Mortgage	N/A
P/E Ratio	-4.64	54.23
Forward P/E	11.67	N/A
Dividend Yield	14.70%	N/A
5Y Dividends CAGR	-6.18%	N/A
Debt to Equity	0.00%	N/A
Free Cash Flow Yield	15.32%	N/A
P/B Ratio	N/A	-49.70

Market Cap

Winner

KREF

$454M

GSRT

$453M

Max Drawdown

KREF

74.61%

Winner

GSRT

9.03%

Sharpe Ratio

KREF

-0.40

Winner

GSRT

1.65

5Y Beta

KREF

0.80

GSRT

N/A

Industry

KREF

Reit - Mortgage

GSRT

N/A

P/E Ratio

Winner

KREF

-4.64

GSRT

54.23

Forward P/E

KREF

11.67

GSRT

N/A

Dividend Yield

KREF

14.70%

GSRT

N/A

5Y Dividends CAGR

KREF

-6.18%

GSRT

N/A

Debt to Equity

KREF

0.00%

GSRT

N/A

Free Cash Flow Yield

KREF

15.32%

GSRT

N/A

P/B Ratio

KREF

N/A

GSRT

-49.70

KREF vs GSRT - Historical Returns

Returns include dividend reinvestment.

Period	KREF	GSRT
1 month	+9.46%	+49.81%
3 months	+10.67%	+41.61%
6 months	-10.60%	+54.74%
1 year	-13.47%	+57.09%
5 years(CAGR)	-11.26%	N/A
10 years(CAGR)	-2.59%	N/A
Max(CAGR)	-2.59%	+75.25%

KREF

+9.46%

Winner

GSRT

+49.81%

KREF

+10.67%

Winner

GSRT

+41.61%

KREF

-10.60%

Winner

GSRT

+54.74%

KREF

-13.47%

Winner

GSRT

+57.09%

5Y(CAGR)

KREF

-11.26%

GSRT

N/A

10Y(CAGR)

KREF

-2.59%

GSRT

N/A

Max(CAGR)

KREF

-2.59%

Winner

GSRT

+75.25%

KREF vs GSRT - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	KREF	GSRT
2026	-11.25%	N/A
2025	-10.28%	+56.93%
2024	-15.67%	+0.10%
2023	+7.03%	N/A
2022	-27.15%	N/A
2021	+31.31%	N/A
2020	-2.48%	N/A
2019	+15.89%	N/A
2018	+4.47%	N/A
2017	-5.23%	N/A

KREF vs GSRT Drawdown Comparison

The maximum drawdown for KREF was -57.40%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for GSRT was -9.03%, occurring on Oct 3, 2025. Recovery took 72 trading sessions.

The current KREF drawdown is -48.68%.

Rank	KREF	GSRT
#1	-57.40% Oct 27, 2021 - Mar 27, 2026	-9.03% Jun 24, 2025 - Oct 6, 2025
#2	-55.29% Feb 21, 2020 - Apr 12, 2021	-2.60% Oct 6, 2025 - Oct 8, 2025
#3	-15.11% Jun 2, 2017 - Aug 24, 2018	-1.82% Jun 11, 2025 - Jun 20, 2025
#4	-10.60% Jun 16, 2021 - Oct 20, 2021	-1.04% May 23, 2025 - May 28, 2025
#5	-10.11% Aug 27, 2018 - Jan 31, 2019	-1.03% Jun 3, 2025 - Jun 11, 2025
#6	-8.92% May 3, 2021 - May 27, 2021	-0.94% May 28, 2025 - Jun 3, 2025
#7	-7.00% Jul 23, 2019 - Oct 25, 2019	-0.68% May 13, 2025 - May 23, 2025
#8	-3.32% May 3, 2019 - Jul 2, 2019	-0.50% Apr 14, 2025 - Apr 22, 2025
#9	-3.19% Feb 4, 2019 - Apr 8, 2019	-0.40% Mar 10, 2025 - Mar 26, 2025
#10	-3.03% May 26, 2017 - Jun 2, 2017	-0.30% Apr 25, 2025 - May 6, 2025
#11	-2.81% Oct 28, 2019 - Dec 5, 2019	-0.30% Mar 26, 2025 - Apr 10, 2025
#12	-1.81% Jun 9, 2021 - Jun 14, 2021	-0.20% Dec 19, 2024 - Dec 26, 2024
#13	-1.66% Dec 6, 2019 - Dec 18, 2019	-0.20% Jan 10, 2025 - Jan 31, 2025
#14	-1.45% May 5, 2017 - May 16, 2017	-0.20% Feb 24, 2025 - Mar 4, 2025
#15	-1.41% Apr 16, 2021 - Apr 27, 2021	-0.20% Mar 4, 2025 - Mar 10, 2025

Correlation

Correlation between KREF and GSRT is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101