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HEZU vs. KBA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HEZUKBA
YTD Return9.44%21.39%
1Y Return19.26%17.97%
3Y Return (Ann)6.33%-8.26%
5Y Return (Ann)9.08%2.84%
10Y Return (Ann)9.06%3.74%
Sharpe Ratio1.600.72
Sortino Ratio2.211.23
Omega Ratio1.281.18
Calmar Ratio2.010.39
Martin Ratio7.372.63
Ulcer Index2.63%7.37%
Daily Std Dev12.11%27.09%
Max Drawdown-38.80%-53.24%
Current Drawdown-3.75%-33.06%

Correlation

-0.50.00.51.00.4

The correlation between HEZU and KBA is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

HEZU vs. KBA - Performance Comparison

In the year-to-date period, HEZU achieves a 9.44% return, which is significantly lower than KBA's 21.39% return. Over the past 10 years, HEZU has outperformed KBA with an annualized return of 9.06%, while KBA has yielded a comparatively lower 3.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-0.28%
10.80%
HEZU
KBA

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HEZU vs. KBA - Expense Ratio Comparison

HEZU has a 0.52% expense ratio, which is lower than KBA's 0.60% expense ratio.


KBA
KraneShares Bosera MSCI China A Share ETF
Expense ratio chart for KBA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for HEZU: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%

Risk-Adjusted Performance

HEZU vs. KBA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Eurozone ETF (HEZU) 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.


HEZU
Sharpe ratio
The chart of Sharpe ratio for HEZU, currently valued at 1.60, compared to the broader market0.002.004.006.001.60
Sortino ratio
The chart of Sortino ratio for HEZU, currently valued at 2.21, compared to the broader market0.005.0010.002.21
Omega ratio
The chart of Omega ratio for HEZU, currently valued at 1.28, compared to the broader market1.001.502.002.503.001.28
Calmar ratio
The chart of Calmar ratio for HEZU, currently valued at 2.01, compared to the broader market0.005.0010.0015.0020.002.01
Martin ratio
The chart of Martin ratio for HEZU, currently valued at 7.37, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.37
KBA
Sharpe ratio
The chart of Sharpe ratio for KBA, currently valued at 0.72, compared to the broader market0.002.004.006.000.72
Sortino ratio
The chart of Sortino ratio for KBA, currently valued at 1.23, compared to the broader market0.005.0010.001.23
Omega ratio
The chart of Omega ratio for KBA, currently valued at 1.18, compared to the broader market1.001.502.002.503.001.18
Calmar ratio
The chart of Calmar ratio for KBA, currently valued at 0.39, compared to the broader market0.005.0010.0015.0020.000.39
Martin ratio
The chart of Martin ratio for KBA, currently valued at 2.63, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.63

HEZU vs. KBA - Sharpe Ratio Comparison

The current HEZU Sharpe Ratio is 1.60, which is higher than the KBA Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of HEZU and KBA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.60
0.72
HEZU
KBA

Dividends

HEZU vs. KBA - Dividend Comparison

HEZU's dividend yield for the trailing twelve months is around 2.81%, more than KBA's 1.93% yield.


TTM2023202220212020201920182017201620152014
HEZU
iShares Currency Hedged MSCI Eurozone ETF
2.81%2.52%23.26%2.25%2.32%5.40%3.48%1.92%3.11%2.68%1.15%
KBA
KraneShares Bosera MSCI China A Share ETF
1.93%2.34%26.65%9.07%0.65%1.53%3.77%0.99%4.90%29.08%0.11%

Drawdowns

HEZU vs. KBA - Drawdown Comparison

The maximum HEZU drawdown since its inception was -38.80%, smaller than the maximum KBA drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for HEZU and KBA. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.75%
-33.06%
HEZU
KBA

Volatility

HEZU vs. KBA - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Eurozone ETF (HEZU) is 3.64%, while KraneShares Bosera MSCI China A Share ETF (KBA) has a volatility of 16.31%. This indicates that HEZU 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
3.64%
16.31%
HEZU
KBA