KARP.L vs. DRVG.L
Compare and contrast key facts about KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) and Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.L).
KARP.L and DRVG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KARP.L is a passively managed fund by Waystone Management that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on May 25, 2022. DRVG.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 16, 2021. Both KARP.L and DRVG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KARP.L or DRVG.L.
Correlation
The correlation between KARP.L and DRVG.L is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KARP.L vs. DRVG.L - Performance Comparison
Key characteristics
KARP.L:
0.11
DRVG.L:
0.19
KARP.L:
0.36
DRVG.L:
0.40
KARP.L:
1.04
DRVG.L:
1.05
KARP.L:
0.05
DRVG.L:
0.13
KARP.L:
0.25
DRVG.L:
0.57
KARP.L:
11.39%
DRVG.L:
7.15%
KARP.L:
26.48%
DRVG.L:
21.36%
KARP.L:
-61.00%
DRVG.L:
-31.20%
KARP.L:
-51.50%
DRVG.L:
-18.07%
Returns By Period
In the year-to-date period, KARP.L achieves a 3.30% return, which is significantly higher than DRVG.L's 0.69% return.
KARP.L
3.30%
2.54%
22.97%
2.77%
N/A
N/A
DRVG.L
0.69%
-1.06%
14.24%
2.19%
N/A
N/A
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KARP.L vs. DRVG.L - Expense Ratio Comparison
KARP.L has a 0.72% expense ratio, which is higher than DRVG.L's 0.50% expense ratio.
Risk-Adjusted Performance
KARP.L vs. DRVG.L — Risk-Adjusted Performance Rank
KARP.L
DRVG.L
KARP.L vs. DRVG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) and Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.L). 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.
Dividends
KARP.L vs. DRVG.L - Dividend Comparison
KARP.L has not paid dividends to shareholders, while DRVG.L's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
KARP.L KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% |
DRVG.L Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing | 1.19% | 1.38% | 0.83% | 0.67% |
Drawdowns
KARP.L vs. DRVG.L - Drawdown Comparison
The maximum KARP.L drawdown since its inception was -61.00%, which is greater than DRVG.L's maximum drawdown of -31.20%. Use the drawdown chart below to compare losses from any high point for KARP.L and DRVG.L. For additional features, visit the drawdowns tool.
Volatility
KARP.L vs. DRVG.L - Volatility Comparison
KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) has a higher volatility of 7.25% compared to Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.L) at 6.88%. This indicates that KARP.L's price experiences larger fluctuations and is considered to be riskier than DRVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.