KCAI's Sortino Ratio of 5.82 indicates that for each unit of downside volatility, it generates 5.82 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 6, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
KCAI Sortino Ratio Rank
KCAI ranks above 97.0% of all investments in our database based on Sortino Ratio over the past 12 months, demonstrating exceptional downside-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Suitable as a core holding given strong downside protection
- Monitor rank changes to detect weakening downside characteristics
- Exceptional risk-adjusted profile supports larger position sizes
- Compare with category peers to assess whether strength is investment-specific or category-wide
KCAI Sortino Ratio Market Positioning
The chart shows KCAI's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.26 or lower
- Yellow zone (middle 50%): 1.26 to 3.03
- Green zone (top 25%): 3.03 or higher
- Top 1%: 12.70+
- Median: 2.21 — half of all investments score higher
How it compares to other similar ETFs
The table compares KraneShares China Alpha Index ETF's Sortino Ratio with other ETFs in the China Equities category across multiple time periods, showing how KCAI's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 6, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| KCAI | KraneShares China Alpha Index ETF | 5.82 | |||
| CNXT | VanEck Vectors ChinaAMC SME-ChiNext ETF | 3.94 | |||
| NBCE | Neuberger Berman China Equity ETF | 3.65 | |||
| MCHS | Matthews China Discovery Active ETF | 3.31 | |||
| KBA | KraneShares Bosera MSCI China A Share ETF | 3.10 | |||
| ASHS | Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF | 2.96 | |||
| ASHR | Xtrackers Harvest CSI 300 China A-Shares Fund | 2.69 | |||
| KSTR | KraneShares SSE STAR Market 50 Index ETF | 2.62 | |||
| CHAU | Direxion Daily CSI 300 China A Share Bull 2x Shares | 2.49 | |||
| CNYA | iShares MSCI China A ETF | 2.46 |
Historical Sortino Ratio
The chart shows KCAI's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when KCAI consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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IHow does KCAI fit in your portfolio?
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