ISHP vs. KLXY

Last updated Jun 3, 2026

ISHP (First Trust S-Network Global E-Commerce ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both Consumer Discretionary Equities funds - ISHP tracks the S-Network Global E-Commerce Index while KLXY tracks the Solactive Global Luxury Index - Benchmark TR Net. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. ISHP charges 0.60%/yr vs 0.69%/yr for KLXY.

Performance

ISHP vs. KLXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Global E-Commerce ETF (ISHP) and Kraneshares Global Luxury Index ETF (KLXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISHP

• 1D: -0.10%
• 1M: -1.59%
• YTD: -10.97%
• 6M: -10.01%
• 1Y: -7.50%
• 3Y*: 11.42%
• 5Y*: 1.58%
• 10Y*: —

KLXY

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

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

ISHP vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ISHP First Trust S-Network Global E-Commerce ETF	-10.97%	12.27%	24.17%	7.80%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	13.69%	-6.39%	2.48%

Correlation

The correlation between ISHP and KLXY is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Sep 8, 2023	0.60

The correlation between ISHP and KLXY shifts across timeframes, from 0.46 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

ISHP vs. KLXY - Sectors Allocation Comparison

Sectors	ISHP	KLXY
Consumer Cyclical	40.9%	73.2%
Communication Services	24.5%	-
Industrials	13.1%	-
Technology	10.2%	-
Real Estate	4.9%	-
Healthcare	3.0%	4.9%
Financial Services	1.8%	-
Consumer Defensive	1.6%	21.8%
Basic Materials	-	-
Energy	-	-
Utilities	-	-

Return for Risk

ISHP vs. KLXY — Risk / Return Rank

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

ISHP

ISHP Risk / Return Rank: 5
ISHP Sharpe Ratio Rank: 5
ISHP Sortino Ratio Rank: 5
ISHP Omega Ratio Rank: 5
ISHP Calmar Ratio Rank: 6
ISHP Martin Ratio Rank: 6

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.

ISHP vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Global E-Commerce ETF (ISHP) 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.

	ISHP	KLXY	Difference
Sharpe ratio Return per unit of total volatility	-0.44	—	—
Sortino ratio Return per unit of downside risk	-0.50	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.27	—	—
Martin ratio Return relative to average drawdown	-0.59	—	—
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

	ISHP	KLXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

Drawdown Indicators

	ISHP	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-47.57%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-24.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.57%	—	—
Current Drawdown Current decline from peak	-18.21%	—	—
Average Drawdown Average peak-to-trough decline	-12.65%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	11.39%	—	—

Volatility

Volatility by Period

	ISHP	KLXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.13%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.09%	—	—

ISHP vs. KLXY - Expense Ratio Comparison

ISHP has a 0.60% expense ratio, which is lower than KLXY's 0.69% expense ratio.

Dividends

ISHP vs. KLXY - Dividend Comparison

ISHP's dividend yield for the trailing twelve months is around 1.50%, more than KLXY's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ISHP First Trust S-Network Global E-Commerce ETF	1.50%	1.34%	1.02%	1.58%	0.76%	0.53%	0.82%	1.16%	0.89%	1.65%	0.23%
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ISHP and KLXY in my portfolio?

ISHP and KLXY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISHP or KLXY?

On fees, ISHP is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISHP or KLXY?

ISHP is cheaper with a 0.60% expense ratio, compared with 0.69% for KLXY.

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

ISHP has the higher dividend yield at 1.50%, compared with 0.85% for KLXY.

What is the main difference between ISHP and KLXY?

ISHP tracks S-Network Global E-Commerce Index, while KLXY tracks Solactive Global Luxury Index - Benchmark TR Net. They also come from different issuers: First Trust and KraneShares. Their fees differ too: 0.60% for ISHP and 0.69% for KLXY.