DIDIY vs. KWEB
DIDIY (Didi Global Inc ADR) is a stock, while KWEB (KraneShares CSI China Internet ETF) is China Equities fund tracking the CSI Overseas China Internet Index. Over the past 3 years, DIDIY returned 8.72%/yr vs 0.71%/yr for KWEB. At a 0.41 correlation, their price movements are largely independent.
Performance
DIDIY vs. KWEB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIDIY achieves a -32.58% return, which is significantly lower than KWEB's -28.08% return.
DIDIY
- 1D
- -0.84%
- 1M
- 2.59%
- YTD
- -32.58%
- 6M
- -34.80%
- 1Y
- -26.29%
- 3Y*
- 8.72%
- 5Y*
- —
- 10Y*
- —
KWEB
- 1D
- -2.24%
- 1M
- -8.99%
- YTD
- -28.08%
- 6M
- -29.18%
- 1Y
- -22.79%
- 3Y*
- 0.71%
- 5Y*
- -15.81%
- 10Y*
- -0.57%
DIDIY vs. KWEB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DIDIY Didi Global Inc ADR | -32.58% | 15.54% | 15.70% | 24.21% | -14.05% |
KWEB KraneShares CSI China Internet ETF | -28.08% | 23.55% | 12.01% | -9.06% | -1.56% |
Correlation
The correlation between DIDIY and KWEB is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2022 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DIDIY vs. KWEB — Risk / Return Rank
DIDIY
KWEB
DIDIY vs. KWEB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Didi Global Inc ADR (DIDIY) 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.
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.
| DIDIY | KWEB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.87 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | -0.58 | +0.06 |
| Martin ratioReturn relative to average drawdown | -0.87 | -1.22 | +0.35 |
Loading charts...
Drawdowns
DIDIY vs. KWEB - Drawdown Comparison
The maximum DIDIY drawdown since its inception was -51.08%, smaller than the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for DIDIY and KWEB.
Loading charts...
Drawdown Indicators
| DIDIY | KWEB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.08% | -80.92% | +29.84% |
Max Drawdown (1Y)Largest decline over 1 year | -51.08% | -39.49% | -11.59% |
Max Drawdown (3Y)Largest decline over 3 years | -51.08% | -39.49% | -11.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -72.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.92% | — |
Current DrawdownCurrent decline from peak | -48.92% | -71.68% | +22.76% |
Average DrawdownAverage peak-to-trough decline | -20.69% | -35.36% | +14.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.18% | 18.70% | +11.48% |
Volatility
DIDIY vs. KWEB - Volatility Comparison
Didi Global Inc ADR (DIDIY) has a higher volatility of 12.21% compared to KraneShares CSI China Internet ETF (KWEB) at 8.34%. This indicates that DIDIY'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.
Loading charts...
Volatility by Period
| DIDIY | KWEB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.21% | 8.34% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 30.03% | 20.47% | +9.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.85% | 27.17% | +21.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.23% | 47.70% | +3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.23% | 40.00% | +11.23% |
Dividends
DIDIY vs. KWEB - Dividend Comparison
DIDIY has not paid dividends to shareholders, while KWEB's dividend yield for the trailing twelve months is around 8.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIDIY Didi Global Inc ADR | 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 | 8.56% | 6.16% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% |
Frequently Asked Questions
DIDIY and KWEB have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIDIY has higher volatility (12.21%) compared to KWEB (8.34%). In terms of maximum drawdown, DIDIY dropped -51.08% vs KWEB's -80.92%.
DIDIY currently has the higher Sharpe Ratio (-0.54 vs -0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DIDIY and KWEB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer