BVAL vs. KWIN

Last updated Jul 15, 2026

BVAL (Bluemonte Large Cap Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. At a 0.04 correlation, their price movements are largely independent. BVAL charges 0.24%/yr vs 0.51%/yr for KWIN.

Performance

BVAL vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Value ETF (BVAL) 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, BVAL achieves a 13.29% return, which is significantly higher than KWIN's 1.72% return.

BVAL

• 1D: -0.13%
• 1M: 0.94%
• 6M: 10.38%
• YTD: 13.29%
• 1Y: 22.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: 0.13%
• 1M: 0.25%
• 6M: 1.37%
• YTD: 1.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BVAL vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
BVAL Bluemonte Large Cap Value ETF	13.29%	3.08%
KWIN KraneShares Wahed Alternative Income Index ETF	1.72%	0.61%

Correlation

The correlation between BVAL and KWIN is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

Return for Risk

BVAL vs. KWIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BVAL

BVAL Risk / Return Rank: 84
BVAL Sharpe Ratio Rank: 85
BVAL Sortino Ratio Rank: 85
BVAL Omega Ratio Rank: 84
BVAL Calmar Ratio Rank: 80
BVAL Martin Ratio Rank: 86

KWIN

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

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.

BVAL vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Value ETF (BVAL) 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.

	BVAL	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	2.17	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.33	—	—
Martin ratio: Return relative to average drawdown	13.83	—	—

Drawdowns

BVAL vs. KWIN - Drawdown Comparison

The maximum BVAL drawdown since its inception was -6.69%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for BVAL and KWIN.

Drawdown Indicators

	BVAL	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-1.50%	-5.19%
Max Drawdown (1Y) Largest decline over 1 year	-6.69%	—	—
Current Drawdown Current decline from peak	-0.41%	-1.32%	+0.91%
Average Drawdown Average peak-to-trough decline	-0.88%	-0.26%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	BVAL	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	4.15%	+6.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.20%	4.15%	+6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.20%	4.15%	+6.05%

BVAL vs. KWIN - Expense Ratio Comparison

BVAL has a 0.24% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

BVAL vs. KWIN - Dividend Comparison

BVAL's dividend yield for the trailing twelve months is around 1.32%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025
BVAL Bluemonte Large Cap Value ETF	1.32%	0.73%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BVAL and KWIN in my portfolio?

BVAL 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, BVAL or KWIN?

On fees, BVAL is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BVAL or KWIN?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.51% for KWIN.

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

BVAL has the higher dividend yield at 1.32%, compared with 0.00% for KWIN.

What is the main difference between BVAL and KWIN?

They also come from different issuers: Bluemonte and KraneShares. Their fees differ too: 0.24% for BVAL and 0.51% for KWIN.