EQLT vs. KPHO
EQLT (iShares MSCI Emerging Markets Quality Factor ETF) and KPHO (KraneShares Dragon Capital Vietnam Growth Index ETF) are both exchange-traded funds - EQLT is a Quality Factor fund tracking the MSCI Emerging Markets Quality Factor Select Index, while KPHO is a Emerging Markets Equities fund tracking the Dragon Capital Merqube Vietnam Growth Index. Both are passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. EQLT charges 0.35%/yr vs 1.03%/yr for KPHO.
Performance
EQLT vs. KPHO - Performance Comparison
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Returns By Period
In the year-to-date period, EQLT achieves a 25.30% return, which is significantly higher than KPHO's -10.77% return.
EQLT
- 1D
- 1.99%
- 1M
- 0.61%
- 6M
- 15.96%
- YTD
- 25.30%
- 1Y
- 47.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 30.32%
KPHO
- 1D
- 3.26%
- 1M
- -6.82%
- 6M
- -13.86%
- YTD
- -10.77%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.04K | $56.95K | $121.40K | |
| $16.72K | $21.80K | $19.42K |
EQLT vs. KPHO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EQLT iShares MSCI Emerging Markets Quality Factor ETF | 25.30% | 2.50% |
KPHO KraneShares Dragon Capital Vietnam Growth Index ETF | -10.77% | 9.46% |
Correlation
The correlation between EQLT and KPHO is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025 | 0.42 |
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Return for Risk
EQLT vs. KPHO — Risk / Return Rank
EQLT
KPHO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EQLT vs. KPHO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Quality Factor ETF (EQLT) and KraneShares Dragon Capital Vietnam Growth Index ETF (KPHO). 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.
| EQLT | KPHO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.96 | — | — |
| Martin ratioReturn relative to average drawdown | 11.90 | — | — |
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Drawdowns
EQLT vs. KPHO - Drawdown Comparison
The maximum EQLT drawdown since its inception was -17.38%, smaller than the maximum KPHO drawdown of -21.44%. Use the drawdown chart below to compare losses from any high point for EQLT and KPHO.
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Drawdown Indicators
| EQLT | KPHO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.38% | -21.44% | +4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | — | — |
Current DrawdownCurrent decline from peak | -6.54% | -15.70% | +9.16% |
Average DrawdownAverage peak-to-trough decline | -3.81% | -7.68% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | — | — |
Volatility
EQLT vs. KPHO - Volatility Comparison
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Volatility by Period
| EQLT | KPHO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.12% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.48% | 27.68% | -4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.27% | 27.68% | -6.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.27% | 27.68% | -6.41% |
EQLT vs. KPHO - Expense Ratio Comparison
EQLT has a 0.35% expense ratio, which is lower than KPHO's 1.03% expense ratio.
Dividends
EQLT vs. KPHO - Dividend Comparison
EQLT's dividend yield for the trailing twelve months is around 2.80%, less than KPHO's 11.65% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EQLT iShares MSCI Emerging Markets Quality Factor ETF | 2.80% | 3.10% | 0.51% |
KPHO KraneShares Dragon Capital Vietnam Growth Index ETF | 11.65% | 10.40% | 0.00% |
Frequently Asked Questions
EQLT and KPHO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQLT is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQLT is cheaper with a 0.35% expense ratio, compared with 1.03% for KPHO.
KPHO has the higher dividend yield at 11.65%, compared with 2.80% for EQLT.
EQLT is categorized as Quality Factor, while KPHO is Emerging Markets Equities. EQLT tracks MSCI Emerging Markets Quality Factor Select Index, while KPHO tracks Dragon Capital Merqube Vietnam Growth Index. They also come from different issuers: iShares and KraneShares. Their fees differ too: 0.35% for EQLT and 1.03% for KPHO.
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