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Performance analysis of KKR Real Estate Finance Trust (KREF)

Annual Return

Over the past 3 years, KREF has had an average annual return of -6.68%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, KREF has had an average annual return of -11.62%, underperforming the benchmark SPY, which returned +13.88% annual.

Since May 5, 2017, KREF has had an average annual return of -3.02%, underperforming the benchmark SPY, which returned +15.25% annual.

2026202520242023202220212020201920182017
-14.08%-9.30%-15.92%+9.01%-25.78%+27.88%-2.62%+16.14%+4.16%-5.23%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+0.74%-16.07%-8.34%+0.16%+8.81%+1.73%-14.08%
2025-1.18%+11.12%-0.36%-14.35%-3.46%+1.01%+3.08%+6.53%-3.95%-9.55%+4.30%-0.24%-9.30%
2024-7.48%-20.34%+5.77%-6.45%+0.52%-1.69%+26.85%+3.92%+5.61%-6.15%+0.34%-11.01%-15.92%
2023+14.11%-8.97%-18.41%-5.70%+4.56%+12.22%+2.39%+0.40%-1.66%-12.05%+20.31%+8.69%+9.01%
2022+2.44%+0.61%-1.99%-7.81%+7.48%-12.44%+11.69%-1.18%-13.38%+7.20%-4.99%-13.03%-25.78%
2021-4.46%+7.65%+2.08%+14.73%+2.60%+3.19%-1.48%+0.09%+0.91%+2.89%-4.97%+3.05%+27.88%
2020+3.09%-6.70%-21.32%+5.13%+2.60%+5.07%+0.42%+9.31%-6.81%+1.09%+9.09%+0.67%-2.62%
2019+7.68%-1.21%+0.40%+0.75%-1.94%+2.90%+0.55%-5.59%+5.55%+2.66%+0.70%+3.26%+16.14%
2018-2.80%+0.77%+4.37%-1.74%+3.25%-0.69%+4.75%+2.32%-2.81%-0.45%-2.88%+0.42%+4.16%
2017-0.09%-1.64%-4.65%+1.31%+3.09%-3.89%+1.38%-0.61%-5.23%

Drawdown analysis of KKR Real Estate Finance Trust (KREF)

The maximum drawdown for the KREF was -57.39%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current KREF drawdown is -50.67%.

Since May 5, 2017 KREF has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 2 times
  • 30% or more: 2 times
  • 20% or more: 2 times
  • 10% or more: 5 times
DepthStartTo BottomBottomTo RecoverEndTotal
-57.39%Oct 27, 20211107Mar 27, 2026OngoingOngoingOngoing
-55.29%Feb 21, 202021Mar 23, 2020265Apr 12, 2021286
-15.11%Jun 2, 2017173Feb 8, 2018137Aug 24, 2018310
-10.60%Jun 16, 202145Aug 19, 202143Oct 20, 202188
-10.11%Aug 27, 201882Dec 24, 201825Jan 31, 2019107
-8.92%May 3, 20217May 12, 202111May 27, 202118
-7.00%Jul 23, 201916Aug 14, 201951Oct 25, 201967
-3.32%May 3, 201919May 31, 201922Jul 2, 201941
-3.19%Feb 4, 201923Mar 8, 201921Apr 8, 201944
-3.03%May 26, 20172May 31, 20172Jun 2, 20174
-2.81%Oct 28, 20196Nov 5, 201921Dec 5, 201927
-1.81%Jun 9, 20211Jun 10, 20212Jun 14, 20213
-1.66%Dec 6, 20194Dec 12, 20194Dec 18, 20198
-1.45%May 5, 20173May 10, 20174May 16, 20177
-1.41%Apr 16, 20211Apr 19, 20216Apr 27, 20217
-1.28%Apr 16, 20193Apr 22, 20199May 3, 201912
-1.13%Feb 6, 20202Feb 10, 20201Feb 11, 20203
-1.02%Oct 21, 20211Oct 22, 20211Oct 25, 20212
-0.79%Apr 8, 20191Apr 9, 20192Apr 11, 20193
-0.71%Jan 23, 20201Jan 24, 20207Feb 4, 20208
-0.67%May 18, 20171May 19, 20171May 22, 20172
-0.60%Apr 13, 20211Apr 14, 20212Apr 16, 20213
-0.53%Jan 31, 20191Feb 1, 20191Feb 4, 20192
-0.50%Jul 15, 20193Jul 18, 20193Jul 23, 20196
-0.44%Jul 3, 20191Jul 5, 20195Jul 12, 20196