EWT vs. KBA
Compare and contrast key facts about iShares MSCI Taiwan ETF (EWT) and KraneShares Bosera MSCI China A Share ETF (KBA).
EWT and KBA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000. KBA is a passively managed fund by CICC that tracks the performance of the MSCI China A Index. It was launched on Mar 5, 2014. Both EWT and KBA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWT or KBA.
Key characteristics
| EWT | KBA | |
|---|---|---|
| YTD Return | 19.05% | 19.94% |
| 1Y Return | 34.84% | 16.56% |
| 3Y Return (Ann) | 5.58% | -8.72% |
| 5Y Return (Ann) | 14.22% | 2.44% |
| 10Y Return (Ann) | 11.20% | 3.62% |
| Sharpe Ratio | 1.92 | 0.67 |
| Sortino Ratio | 2.53 | 1.17 |
| Omega Ratio | 1.33 | 1.17 |
| Calmar Ratio | 1.84 | 0.36 |
| Martin Ratio | 9.14 | 2.48 |
| Ulcer Index | 4.38% | 7.28% |
| Daily Std Dev | 20.82% | 27.04% |
| Max Drawdown | -64.26% | -53.24% |
| Current Drawdown | -3.66% | -33.86% |
Correlation
The correlation between EWT and KBA is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EWT vs. KBA - Performance Comparison
The year-to-date returns for both investments are quite close, with EWT having a 19.05% return and KBA slightly higher at 19.94%. Over the past 10 years, EWT has outperformed KBA with an annualized return of 11.20%, while KBA has yielded a comparatively lower 3.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWT vs. KBA - Expense Ratio Comparison
EWT has a 0.59% expense ratio, which is lower than KBA's 0.60% expense ratio.
Risk-Adjusted Performance
EWT vs. KBA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and KraneShares Bosera MSCI China A Share ETF (KBA). 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.
Dividends
EWT vs. KBA - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 10.09%, more than KBA's 1.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 10.09% | 12.01% | 18.82% | 2.64% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% | 1.93% | 1.82% |
KBA KraneShares Bosera MSCI China A Share ETF | 1.95% | 2.34% | 26.65% | 9.07% | 0.65% | 1.53% | 3.77% | 0.99% | 4.90% | 29.08% | 0.11% | 0.00% |
Drawdowns
EWT vs. KBA - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.26%, which is greater than KBA's maximum drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for EWT and KBA. For additional features, visit the drawdowns tool.
Volatility
EWT vs. KBA - Volatility Comparison
The current volatility for iShares MSCI Taiwan ETF (EWT) is 5.01%, while KraneShares Bosera MSCI China A Share ETF (KBA) has a volatility of 17.01%. This indicates that EWT experiences smaller price fluctuations and is considered to be less risky than KBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.