BASV vs. KWIN

Last updated Aug 4, 2026

BASV (Brown Advisory Sustainable Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. BASV is actively managed, while KWIN is passively managed. Their 0.04 correlation means their historical movements had little consistent relationship. BASV charges 0.71%/yr vs 0.51%/yr for KWIN.

Performance

BASV vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Sustainable Value ETF (BASV) and KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BASV achieves a 14.07% return, which is significantly higher than KWIN's 2.01% return.

BASV

• 1D: 1.55%
• 1M: 2.58%
• 6M: 11.42%
• YTD: 14.07%
• 1Y: 23.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.54%

KWIN

• 1D: -0.04%
• 1M: -1.04%
• 6M: 1.86%
• YTD: 2.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BASV Brown Advisory Sustainable Value ETF	$439.72K	$617.98K	$647.17K
KWIN KraneShares Wahed Alternative Income Index ETF	$339.12K	$313.61K	$441.01K

BASV vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
BASV Brown Advisory Sustainable Value ETF	14.07%	2.91%
KWIN KraneShares Wahed Alternative Income Index ETF	2.01%	0.61%

Correlation

The correlation between BASV and KWIN is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.04

Return for Risk

BASV vs. KWIN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BASV

BASV Risk / Return Rank: 66
BASV Sharpe Ratio Rank: 66
BASV Sortino Ratio Rank: 67
BASV Omega Ratio Rank: 63
BASV Calmar Ratio Rank: 65
BASV Martin Ratio Rank: 67

KWIN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BASV vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Value ETF (BASV) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BASV	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.44	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.54	—	—
Martin ratio: Return relative to average drawdown	9.03	—	—

Drawdowns

BASV vs. KWIN - Drawdown Comparison

The maximum BASV drawdown since its inception was -9.43%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for BASV and KWIN.

Drawdown Indicators

	BASV	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-1.58%	-7.85%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	—	—
Current Drawdown Current decline from peak	0.00%	-1.04%	+1.04%
Average Drawdown Average peak-to-trough decline	-1.58%	-0.34%	-1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	—	—

Volatility

Volatility by Period

	BASV	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.06%	4.03%	+10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	4.03%	+9.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.69%	4.03%	+9.66%

BASV vs. KWIN - Expense Ratio Comparison

BASV has a 0.71% expense ratio, which is higher than KWIN's 0.51% expense ratio.

Dividends

BASV vs. KWIN - Dividend Comparison

BASV's dividend yield for the trailing twelve months is around 0.36%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025
BASV Brown Advisory Sustainable Value ETF	0.36%	0.41%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BASV and KWIN in my portfolio?

BASV and KWIN have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BASV or KWIN?

On fees, KWIN is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BASV or KWIN?

KWIN is cheaper with a 0.51% expense ratio, compared with 0.71% for BASV.

Which ETF pays a higher dividend yield, BASV or KWIN?

BASV has the higher dividend yield at 0.36%, compared with 0.00% for KWIN.

What is the main difference between BASV and KWIN?

They also come from different issuers: Brown Advisory and KraneShares. Their fees differ too: 0.71% for BASV and 0.51% for KWIN.