DCPE vs. KWIN

Last updated Jul 15, 2026

DCPE (DoubleLine Shiller CAPE US Equities ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - DCPE tracks the Shiller Barclays CAPE US Sector Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. DCPE charges 0.65%/yr vs 0.51%/yr for KWIN.

Performance

DCPE vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Shiller CAPE US Equities ETF (DCPE) 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, DCPE achieves a 1.57% return, which is significantly lower than KWIN's 1.72% return.

DCPE

• 1D: -0.28%
• 1M: 0.07%
• 6M: 0.35%
• YTD: 1.57%
• 1Y: 3.39%
• 3Y*: 10.97%
• 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)

DCPE vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
DCPE DoubleLine Shiller CAPE US Equities ETF	1.57%	3.86%
KWIN KraneShares Wahed Alternative Income Index ETF	1.72%	0.61%

Correlation

The correlation between DCPE and KWIN is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.11

Return for Risk

DCPE vs. KWIN — Risk / Return Rank

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

DCPE

DCPE Risk / Return Rank: 14
DCPE Sharpe Ratio Rank: 15
DCPE Sortino Ratio Rank: 13
DCPE Omega Ratio Rank: 13
DCPE Calmar Ratio Rank: 14
DCPE Martin Ratio Rank: 17

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.

DCPE vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller CAPE US Equities ETF (DCPE) 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.

	DCPE	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	0.30	—	—
Sortino ratio: Return per unit of downside risk	0.51	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.35	—	—
Martin ratio: Return relative to average drawdown	1.24	—	—

Drawdowns

DCPE vs. KWIN - Drawdown Comparison

The maximum DCPE drawdown since its inception was -22.07%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for DCPE and KWIN.

Drawdown Indicators

	DCPE	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-22.07%	-1.50%	-20.57%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	—	—
Current Drawdown Current decline from peak	-1.87%	-1.32%	-0.55%
Average Drawdown Average peak-to-trough decline	-4.85%	-0.26%	-4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	—	—

Volatility

Volatility by Period

	DCPE	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.36%	4.15%	+7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	4.15%	+12.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.87%	4.15%	+12.72%

DCPE vs. KWIN - Expense Ratio Comparison

DCPE has a 0.65% expense ratio, which is higher than KWIN's 0.51% expense ratio.

Dividends

DCPE vs. KWIN - Dividend Comparison

DCPE's dividend yield for the trailing twelve months is around 1.38%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
DCPE DoubleLine Shiller CAPE US Equities ETF	1.38%	1.39%	1.23%	1.01%	0.80%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DCPE and KWIN in my portfolio?

DCPE and KWIN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DCPE 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, DCPE or KWIN?

KWIN is cheaper with a 0.51% expense ratio, compared with 0.65% for DCPE.

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

DCPE has the higher dividend yield at 1.38%, compared with 0.00% for KWIN.

What is the main difference between DCPE and KWIN?

DCPE tracks Shiller Barclays CAPE US Sector Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: DoubleLine and KraneShares. Their fees differ too: 0.65% for DCPE and 0.51% for KWIN.