ILCV vs. KWIN
ILCV (iShares Morningstar Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - ILCV tracks the Morningstar US Large-Mid Cap Broad Value Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. Their 0.11 correlation means their historical movements had little consistent relationship. ILCV charges 0.04%/yr vs 0.51%/yr for KWIN.
Performance
ILCV vs. KWIN - Performance Comparison
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Returns By Period
In the year-to-date period, ILCV achieves a 12.42% return, which is significantly higher than KWIN's 2.05% return.
ILCV
- 1D
- 0.30%
- 1M
- 2.03%
- 6M
- 10.11%
- YTD
- 12.42%
- 1Y
- 29.26%
- 3Y*
- 17.48%
- 5Y*
- 12.42%
- 10Y*
- 11.90%
- ALL TIME*
- 8.73%
KWIN
- 1D
- 0.27%
- 1M
- -1.00%
- 6M
- 1.90%
- YTD
- 2.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.89M | $2.26M | $2.59M | |
| $349.84K | $511.88K | $448.46K |
ILCV vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ILCV iShares Morningstar Value ETF | 12.42% | 3.95% |
KWIN KraneShares Wahed Alternative Income Index ETF | 2.05% | 0.61% |
Correlation
The correlation between ILCV and KWIN is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.11 |
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Return for Risk
ILCV vs. KWIN — Risk / Return Rank
ILCV
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ILCV vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Value ETF (ILCV) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.
| ILCV | KWIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.50 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.22 | — | — |
| Martin ratioReturn relative to average drawdown | 17.65 | — | — |
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Drawdowns
ILCV vs. KWIN - Drawdown Comparison
The maximum ILCV drawdown since its inception was -58.63%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for ILCV and KWIN.
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Drawdown Indicators
| ILCV | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.63% | -1.58% | -57.05% |
Max Drawdown (1Y)Largest decline over 1 year | -6.55% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.53% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.00% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -0.33% | -8.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | — | — |
Volatility
ILCV vs. KWIN - Volatility Comparison
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Volatility by Period
| ILCV | KWIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.91% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.09% | 4.04% | +6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 4.04% | +10.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 4.04% | +12.59% |
ILCV vs. KWIN - Expense Ratio Comparison
ILCV has a 0.04% expense ratio, which is lower than KWIN's 0.51% expense ratio.
Dividends
ILCV vs. KWIN - Dividend Comparison
ILCV's dividend yield for the trailing twelve months is around 1.55%, while KWIN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCV iShares Morningstar Value ETF | 1.55% | 1.77% | 1.99% | 2.27% | 2.32% | 2.01% | 2.96% | 2.70% | 2.93% | 2.32% | 2.76% | 3.01% |
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILCV and KWIN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ILCV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ILCV is cheaper with a 0.04% expense ratio, compared with 0.51% for KWIN.
ILCV has the higher dividend yield at 1.55%, compared with 0.00% for KWIN.
ILCV tracks Morningstar US Large-Mid Cap Broad Value Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: iShares and KraneShares. Their fees differ too: 0.04% for ILCV and 0.51% for KWIN.
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