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KraneShares SSE STAR Market 50 Index ETF (KSTR)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US5007676944
Inception Date
Jan 26, 2021
Region
Emerging Asia Pacific (China)
Leveraged
1x (No leverage)
Index Tracked
SSE Science and Technology Innovation Board 50 Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in KraneShares SSE STAR Market 50 Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

KraneShares SSE STAR Market 50 Index ETF (KSTR) has returned -1.77% so far this year and 31.42% over the past 12 months.


KraneShares SSE STAR Market 50 Index ETF

1D
0.49%
1M
-13.81%
YTD
-1.77%
6M
-9.10%
1Y
31.42%
3Y*
2.49%
5Y*
-3.10%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 27, 2021, KSTR's average daily return is 0.00%, while the average monthly return is -0.07%.

Historically, 43% of months were positive and 57% were negative. The best month was Aug 2025 with a return of +30.2%, while the worst month was Jan 2024 at -20.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 7 months.

On a daily basis, KSTR closed higher 47% of trading days. The best single day was Oct 7, 2024 with a return of +29.9%, while the worst single day was Oct 8, 2024 at -26.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202612.84%1.00%-13.81%-1.77%
2025-2.07%13.01%-3.54%-1.94%-2.49%3.89%3.56%30.19%7.94%-4.87%-4.91%2.31%42.82%
2024-20.46%17.60%-4.74%0.63%-5.17%-3.98%5.24%-5.38%26.82%5.06%2.93%-4.82%6.12%
202310.23%-5.88%9.41%-3.06%-5.28%-6.13%-2.66%-5.41%-5.18%-4.32%2.14%-1.66%-17.93%
2022-12.45%1.88%-14.19%-17.30%9.76%7.57%-2.26%-8.22%-12.27%4.48%4.35%-4.10%-38.51%
2021-1.58%-6.53%-6.85%6.36%8.55%12.21%-0.84%-9.14%-6.46%4.27%6.54%-5.44%-1.70%

Benchmark Metrics

KraneShares SSE STAR Market 50 Index ETF has an annualized alpha of -4.32%, beta of 0.44, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since January 28, 2021.

  • This ETF participated in 90.13% of S&P 500 Index downside but only 27.90% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.44 may look defensive, but with R² of 0.04 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.04 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-4.32%
Beta
0.44
0.04
Upside Capture
27.90%
Downside Capture
90.13%

Expense Ratio

KSTR has an expense ratio of 0.89%, placing it in the medium range.


Return for Risk

Risk / Return Rank

KSTR ranks 55 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


KSTR Risk / Return Rank: 5555
Overall Rank
KSTR Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
KSTR Sortino Ratio Rank: 5555
Sortino Ratio Rank
KSTR Omega Ratio Rank: 5353
Omega Ratio Rank
KSTR Calmar Ratio Rank: 6767
Calmar Ratio Rank
KSTR Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and compare them to a chosen benchmark (S&P 500 Index).


KSTRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.97

0.90

+0.08

Sortino ratio

Return per unit of downside risk

1.49

1.39

+0.11

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.76

1.40

+0.37

Martin ratio

Return relative to average drawdown

4.72

6.61

-1.89

Explore KSTR risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


KraneShares SSE STAR Market 50 Index ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the KraneShares SSE STAR Market 50 Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the KraneShares SSE STAR Market 50 Index ETF was 66.46%, occurring on Sep 9, 2024. The portfolio has not yet recovered.

The current KraneShares SSE STAR Market 50 Index ETF drawdown is 34.22%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-66.46%Jul 13, 2021795Sep 9, 2024
-19.54%Feb 18, 202126Mar 25, 202159Jun 18, 202185
-4.22%Feb 3, 20213Feb 5, 20212Feb 9, 20215
-4.04%Jul 1, 20213Jul 6, 20212Jul 8, 20215
-2.03%Jun 22, 20213Jun 24, 20212Jun 28, 20215

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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