AVXL vs. KWEB
Compare and contrast key facts about Anavex Life Sciences Corp. (AVXL) and KraneShares CSI China Internet ETF (KWEB).
KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVXL or KWEB.
Key characteristics
| AVXL | KWEB | |
|---|---|---|
| YTD Return | -53.71% | 14.70% |
| 1Y Return | -54.58% | 11.16% |
| 3Y Return (Ann) | -27.06% | -20.99% |
| 5Y Return (Ann) | 4.56% | -5.63% |
| 10Y Return (Ann) | 13.67% | 1.04% |
| Sharpe Ratio | -0.73 | 0.49 |
| Daily Std Dev | 72.25% | 35.81% |
| Max Drawdown | -97.06% | -80.92% |
| Current Drawdown | -85.07% | -67.36% |
Correlation
The correlation between AVXL and KWEB is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AVXL vs. KWEB - Performance Comparison
In the year-to-date period, AVXL achieves a -53.71% return, which is significantly lower than KWEB's 14.70% return. Over the past 10 years, AVXL has outperformed KWEB with an annualized return of 13.67%, while KWEB has yielded a comparatively lower 1.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AVXL vs. KWEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Anavex Life Sciences Corp. (AVXL) and KraneShares CSI China Internet ETF (KWEB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AVXL vs. KWEB - Dividend Comparison
AVXL has not paid dividends to shareholders, while KWEB's dividend yield for the trailing twelve months is around 1.49%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVXL Anavex Life Sciences Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KWEB KraneShares CSI China Internet ETF | 1.49% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
Drawdowns
AVXL vs. KWEB - Drawdown Comparison
The maximum AVXL drawdown since its inception was -97.06%, which is greater than KWEB's maximum drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for AVXL and KWEB. For additional features, visit the drawdowns tool.
Volatility
AVXL vs. KWEB - Volatility Comparison
Anavex Life Sciences Corp. (AVXL) has a higher volatility of 17.30% compared to KraneShares CSI China Internet ETF (KWEB) at 11.21%. This indicates that AVXL's price experiences larger fluctuations and is considered to be riskier than KWEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.