KARS vs. AGIX

Last updated Aug 2, 2026

KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and AGIX (KraneShares Artificial Intelligence & Technology ETF) are both exchange-traded funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while AGIX is a Artificial Intelligence fund tracking the Solactive Etna Artificial General Intelligence Index. Both are passively managed. Over the past year, KARS returned 25.51% vs 36.35% for AGIX. Their 0.48 correlation means their historical movements had little consistent relationship. KARS charges 0.72%/yr vs 1.00%/yr for AGIX.

Performance

KARS vs. AGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and KraneShares Artificial Intelligence & Technology ETF (AGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KARS achieves a -3.13% return, which is significantly lower than AGIX's 16.49% return.

KARS

• 1D: -0.95%
• 1M: -5.58%
• 6M: -5.36%
• YTD: -3.13%
• 1Y: 25.51%
• 3Y*: -3.57%
• 5Y*: -7.36%
• 10Y*: —
• ALL TIME*: 3.49%

AGIX

• 1D: 0.71%
• 1M: -4.78%
• 6M: 19.51%
• YTD: 16.49%
• 1Y: 36.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGIX KraneShares Artificial Intelligence & Technology ETF	$5.98M	$6.95M	$18.26M
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	$357.33K	$457.30K	$1.09M

KARS vs. AGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	-3.13%	46.04%	2.80%
AGIX KraneShares Artificial Intelligence & Technology ETF	16.49%	29.24%	12.92%

Correlation

The correlation between KARS and AGIX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	0.48

The correlation between KARS and AGIX shifts across timeframes, from 0.48 (all time) to 0.60 (1 year), reflecting how their relationship changes across market environments.

KARS vs. AGIX - Sectors Allocation Comparison

Sectors	KARS	AGIX
Consumer Cyclical	35.9%	4.7%
Basic Materials	25.4%	0.6%
Industrials	20.7%	2.2%
Technology	18.0%	69.0%
Communication Services	-	8.2%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	2.1%
Healthcare	-	0.9%
Real Estate	-	-
Utilities	-	1.4%

Return for Risk

KARS vs. AGIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KARS

KARS Risk / Return Rank: 34
KARS Sharpe Ratio Rank: 36
KARS Sortino Ratio Rank: 36
KARS Omega Ratio Rank: 35
KARS Calmar Ratio Rank: 31
KARS Martin Ratio Rank: 33

AGIX

AGIX Risk / Return Rank: 43
AGIX Sharpe Ratio Rank: 45
AGIX Sortino Ratio Rank: 44
AGIX Omega Ratio Rank: 41
AGIX Calmar Ratio Rank: 45
AGIX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KARS vs. AGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and KraneShares Artificial Intelligence & Technology ETF (AGIX). 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.

	KARS	AGIX	Difference
Sharpe ratio: Return per unit of total volatility	0.90	1.11	-0.21
Sortino ratio: Return per unit of downside risk	1.34	1.61	-0.27
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.03
Calmar ratio: Return relative to maximum drawdown	1.02	1.61	-0.59
Martin ratio: Return relative to average drawdown	3.12	4.03	-0.91

KARS vs. AGIX - Sharpe Ratio Comparison

The current KARS Sharpe Ratio is 0.90, which is comparable to the AGIX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of KARS and AGIX, 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

KARS vs. AGIX - Drawdown Comparison

The maximum KARS drawdown since its inception was -64.85%, which is greater than AGIX's maximum drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for KARS and AGIX.

Drawdown Indicators

	KARS	AGIX	Difference
Max Drawdown Largest peak-to-trough decline	-64.85%	-31.48%	-33.37%
Max Drawdown (1Y) Largest decline over 1 year	-24.94%	-19.85%	-5.09%
Max Drawdown (3Y) Largest decline over 3 years	-45.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.85%	—	—
Current Drawdown Current decline from peak	-40.95%	-14.39%	-26.56%
Average Drawdown Average peak-to-trough decline	-28.48%	-6.17%	-22.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.11%	7.92%	+0.19%

Volatility

KARS vs. AGIX - Volatility Comparison

The current volatility for KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is 8.37%, while KraneShares Artificial Intelligence & Technology ETF (AGIX) has a volatility of 9.99%. This indicates that KARS experiences smaller price fluctuations and is considered to be less risky than AGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KARS	AGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.37%	9.99%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	22.26%	24.07%	-1.81%
Volatility (1Y) Calculated over the trailing 1-year period	28.30%	28.81%	-0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.00%	30.11%	-0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.40%	30.11%	-0.71%

KARS vs. AGIX - Expense Ratio Comparison

KARS has a 0.72% expense ratio, which is lower than AGIX's 1.00% expense ratio.

Dividends

KARS vs. AGIX - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 0.19%, less than AGIX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AGIX KraneShares Artificial Intelligence & Technology ETF	1.03%	1.21%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	0.19%	0.18%	0.78%	0.88%	1.13%	6.73%	0.14%	1.85%	1.38%

Frequently Asked Questions

Can I hold both KARS and AGIX in my portfolio?

KARS and AGIX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KARS or AGIX?

AGIX has higher volatility (9.99%) compared to KARS (8.37%). In terms of maximum drawdown, KARS dropped -64.85% vs AGIX's -31.48%.

Which ETF is better, KARS or AGIX?

On 1-year performance, AGIX leads with 36.35% vs 25.51% for KARS. On fees, KARS is cheaper at 0.72% per year. On volatility, KARS has been the lower-risk option at 8.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KARS or AGIX?

Over the 1-year period, AGIX has performed better with a 36.35% return vs 25.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KARS or AGIX?

KARS is cheaper with a 0.72% expense ratio, compared with 1.00% for AGIX.

Which ETF pays a higher dividend yield, KARS or AGIX?

AGIX has the higher dividend yield at 1.03%, compared with 0.19% for KARS.

What is the main difference between KARS and AGIX?

KARS is categorized as Industrials Equities, while AGIX is Artificial Intelligence. KARS tracks Bloomberg Electric Vehicles Index, while AGIX tracks Solactive Etna Artificial General Intelligence Index. Their fees differ too: 0.72% for KARS and 1.00% for AGIX.

Which has better risk-adjusted returns?

AGIX currently has the higher Sharpe Ratio (1.11 vs 0.90), 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.