HIDE vs. KCSH

Last updated Jun 24, 2026

HIDE (Alpha Architect High Inflation And Deflation ETF) and KCSH (KraneShares Sustainable Ultra Short Duration Index ETF) are both exchange-traded funds - HIDE is a Diversified Portfolio fund actively managed by Alpha Architect, while KCSH is a Ultrashort Bond fund tracking the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index. HIDE is actively managed, while KCSH is passively managed. Over the past year, HIDE returned 8.58% vs 4.00% for KCSH. At a correlation of -0.02, they often move in opposite directions. HIDE charges 0.29%/yr vs 0.20%/yr for KCSH.

Performance

HIDE vs. KCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect High Inflation And Deflation ETF (HIDE) and KraneShares Sustainable Ultra Short Duration Index ETF (KCSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIDE achieves a 5.36% return, which is significantly higher than KCSH's 1.69% return.

HIDE

• 1D: 0.14%
• 1M: -2.13%
• YTD: 5.36%
• 6M: 5.18%
• 1Y: 8.58%
• 3Y*: 3.89%
• 5Y*: —
• 10Y*: —

KCSH

• 1D: 0.02%
• 1M: 0.32%
• YTD: 1.69%
• 6M: 1.81%
• 1Y: 4.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIDE vs. KCSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HIDE Alpha Architect High Inflation And Deflation ETF	5.36%	5.32%	-0.16%
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	1.69%	4.49%	1.98%

Correlation

The correlation between HIDE and KCSH is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Jul 26, 2024	-0.02

Return for Risk

HIDE vs. KCSH — Risk / Return Rank

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

HIDE

HIDE Risk / Return Rank: 61
HIDE Sharpe Ratio Rank: 59
HIDE Sortino Ratio Rank: 58
HIDE Omega Ratio Rank: 66
HIDE Calmar Ratio Rank: 57
HIDE Martin Ratio Rank: 64

KCSH

KCSH Risk / Return Rank: 96
KCSH Sharpe Ratio Rank: 94
KCSH Sortino Ratio Rank: 95
KCSH Omega Ratio Rank: 98
KCSH Calmar Ratio Rank: 95
KCSH Martin Ratio Rank: 98

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.

HIDE vs. KCSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) and KraneShares Sustainable Ultra Short Duration Index ETF (KCSH). 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.

	HIDE	KCSH	Difference
Sharpe ratio: Return per unit of total volatility	1.87	3.21	-1.34
Sortino ratio: Return per unit of downside risk	2.56	4.55	-1.98
Omega ratio: Gain probability vs. loss probability	1.37	2.09	-0.72
Calmar ratio: Return relative to maximum drawdown	2.65	6.89	-4.24
Martin ratio: Return relative to average drawdown	10.88	57.89	-47.01

HIDE vs. KCSH - Sharpe Ratio Comparison

The current HIDE Sharpe Ratio is 1.87, which is lower than the KCSH Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of HIDE and KCSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HIDE vs. KCSH - Drawdown Comparison

The maximum HIDE drawdown since its inception was -5.15%, which is greater than KCSH's maximum drawdown of -0.58%. Use the drawdown chart below to compare losses from any high point for HIDE and KCSH.

Drawdown Indicators

	HIDE	KCSH	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-0.58%	-4.57%
Max Drawdown (1Y) Largest decline over 1 year	-3.25%	-0.58%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	-5.15%	—	—
Current Drawdown Current decline from peak	-3.04%	-0.00%	-3.04%
Average Drawdown Average peak-to-trough decline	-0.96%	-0.03%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	0.07%	+0.72%

Volatility

HIDE vs. KCSH - Volatility Comparison

Alpha Architect High Inflation And Deflation ETF (HIDE) has a higher volatility of 1.51% compared to KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) at 0.20%. This indicates that HIDE's price experiences larger fluctuations and is considered to be riskier than KCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIDE	KCSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	0.20%	+1.31%
Volatility (6M) Calculated over the trailing 6-month period	4.08%	0.46%	+3.62%
Volatility (1Y) Calculated over the trailing 1-year period	4.62%	1.25%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.29%	1.31%	+2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	1.31%	+2.98%

HIDE vs. KCSH - Expense Ratio Comparison

HIDE has a 0.29% expense ratio, which is higher than KCSH's 0.20% expense ratio.

Dividends

HIDE vs. KCSH - Dividend Comparison

HIDE's dividend yield for the trailing twelve months is around 3.00%, less than KCSH's 3.96% yield.

Position	TTM	2025	2024	2023	2022
HIDE Alpha Architect High Inflation And Deflation ETF	3.00%	3.16%	2.86%	3.90%	6.25%
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	3.96%	4.35%	2.08%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HIDE and KCSH in my portfolio?

HIDE and KCSH have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIDE or KCSH?

HIDE has higher volatility (1.51%) compared to KCSH (0.20%). In terms of maximum drawdown, HIDE dropped -5.15% vs KCSH's -0.58%.

Which ETF is better, HIDE or KCSH?

On 1-year performance, HIDE leads with 8.58% vs 4.00% for KCSH. On fees, KCSH is cheaper at 0.20% per year. On volatility, KCSH has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HIDE or KCSH?

Over the 1-year period, HIDE has performed better with a 8.58% return vs 4.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HIDE or KCSH?

KCSH is cheaper with a 0.20% expense ratio, compared with 0.29% for HIDE.

Which ETF pays a higher dividend yield, HIDE or KCSH?

KCSH has the higher dividend yield at 3.96%, compared with 3.00% for HIDE.

What is the main difference between HIDE and KCSH?

HIDE is categorized as Diversified Portfolio, while KCSH is Ultrashort Bond. They also come from different issuers: Alpha Architect and KraneShares. Their fees differ too: 0.29% for HIDE and 0.20% for KCSH.

Which has better risk-adjusted returns?

KCSH currently has the higher Sharpe Ratio (3.21 vs 1.87), 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.