IEDI vs. KLXY

Last updated Jun 5, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both Consumer Discretionary Equities funds. IEDI is actively managed, while KLXY is passively managed. A 0.58 correlation means they provide meaningful diversification when combined. IEDI charges 0.18%/yr vs 0.69%/yr for KLXY.

Performance

IEDI vs. KLXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Kraneshares Global Luxury Index ETF (KLXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IEDI

• 1D: 0.43%
• 1M: -3.26%
• YTD: -1.47%
• 6M: -1.79%
• 1Y: 0.50%
• 3Y*: 13.35%
• 5Y*: 6.21%
• 10Y*: —

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IEDI vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IEDI iShares Evolved U.S. Discretionary Spending ETF	-1.47%	4.05%	22.11%	9.88%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	13.69%	-6.39%	2.48%

Correlation

The correlation between IEDI and KLXY is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 8, 2023	0.58

The correlation between IEDI and KLXY has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.

IEDI vs. KLXY - Sectors Allocation Comparison

Sectors	IEDI	KLXY
Consumer Cyclical	64.1%	73.2%
Consumer Defensive	24.8%	21.8%
Industrials	3.5%	-
Technology	3.1%	-
Communication Services	2.1%	-
Financial Services	1.9%	-
Real Estate	0.4%	-
Healthcare	0.2%	4.9%
Energy	0.1%	-
Basic Materials	-	-
Utilities	-	-

Return for Risk

IEDI vs. KLXY — Risk / Return Rank

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

IEDI

IEDI Risk / Return Rank: 10
IEDI Sharpe Ratio Rank: 10
IEDI Sortino Ratio Rank: 9
IEDI Omega Ratio Rank: 9
IEDI Calmar Ratio Rank: 10
IEDI Martin Ratio Rank: 10

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.

IEDI vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Kraneshares Global Luxury Index ETF (KLXY). 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.

	IEDI	KLXY	Difference
Sharpe ratio: Return per unit of total volatility	0.04	—	—
Sortino ratio: Return per unit of downside risk	0.16	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	0.05	—	—
Martin ratio: Return relative to average drawdown	0.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IEDI	KLXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	—	—

Drawdowns

Drawdown Indicators

	IEDI	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	—	—
Current Drawdown Current decline from peak	-7.23%	—	—
Average Drawdown Average peak-to-trough decline	-6.93%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	—	—

Volatility

Volatility by Period

	IEDI	KLXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.21%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	—	—

IEDI vs. KLXY - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than KLXY's 0.69% expense ratio.

Dividends

IEDI vs. KLXY - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.98%, more than KLXY's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.98%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IEDI and KLXY in my portfolio?

IEDI and KLXY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IEDI or KLXY?

On fees, IEDI is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IEDI or KLXY?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.69% for KLXY.

Which ETF pays a higher dividend yield, IEDI or KLXY?

IEDI has the higher dividend yield at 0.98%, compared with 0.85% for KLXY.

What is the main difference between IEDI and KLXY?

They also come from different issuers: iShares and KraneShares. Their fees differ too: 0.18% for IEDI and 0.69% for KLXY.