KARS vs. JETS
KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and JETS (U.S. Global Jets ETF) are both Industrials Equities funds - KARS tracks the Bloomberg Electric Vehicles Index while JETS tracks the U.S. Global Jets Index. Both are passively managed. Over the past 5 years, KARS returned -7.36%/yr vs 6.76%/yr for JETS. Their 0.50 correlation means they have sometimes moved together and sometimes differently. KARS charges 0.72%/yr vs 0.60%/yr for JETS.
Performance
KARS vs. JETS - Performance Comparison
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Returns By Period
In the year-to-date period, KARS achieves a -3.13% return, which is significantly lower than JETS's 11.44% 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%
JETS
- 1D
- -1.26%
- 1M
- -5.78%
- 6M
- 11.91%
- YTD
- 11.44%
- 1Y
- 36.40%
- 3Y*
- 14.53%
- 5Y*
- 6.76%
- 10Y*
- 4.27%
- ALL TIME*
- 2.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.88M | $89.07M | $95.81M | |
| $357.33K | $457.30K | $1.09M |
KARS vs. JETS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.13% | 46.04% | -17.88% | -7.85% | -39.20% | 24.11% | 71.17% | 34.66% | -28.04% |
JETS U.S. Global Jets ETF | 11.44% | 11.64% | 33.21% | 11.42% | -19.01% | -5.13% | -28.93% | 14.38% | -18.36% |
Correlation
The correlation between KARS and JETS is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2018 | 0.50 |
The correlation between KARS and JETS shifts across timeframes, from 0.32 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KARS vs. JETS — Risk / Return Rank
KARS
JETS
KARS vs. JETS - 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 U.S. Global Jets ETF (JETS). 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 | JETS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.32 | -0.30 |
| Martin ratioReturn relative to average drawdown | 3.12 | 3.34 | -0.21 |
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Drawdowns
KARS vs. JETS - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.85%, roughly equal to the maximum JETS drawdown of -64.92%. Use the drawdown chart below to compare losses from any high point for KARS and JETS.
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Drawdown Indicators
| KARS | JETS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -64.92% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -24.94% | -24.13% | -0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -45.42% | -35.21% | -10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -64.85% | -40.38% | -24.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.92% | — |
Current DrawdownCurrent decline from peak | -40.95% | -7.16% | -33.79% |
Average DrawdownAverage peak-to-trough decline | -28.48% | -24.94% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 9.52% | -1.41% |
Volatility
KARS vs. JETS - Volatility Comparison
The current volatility for KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is 8.37%, while U.S. Global Jets ETF (JETS) has a volatility of 9.08%. This indicates that KARS experiences smaller price fluctuations and is considered to be less risky than JETS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KARS | JETS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 9.08% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 26.62% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.30% | 32.90% | -4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.00% | 32.50% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.40% | 34.21% | -4.81% |
KARS vs. JETS - Expense Ratio Comparison
KARS has a 0.72% expense ratio, which is higher than JETS's 0.60% expense ratio.
Dividends
KARS vs. JETS - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.19%, less than JETS's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JETS U.S. Global Jets ETF | 0.74% | 0.83% | 0.00% | 0.00% | 0.00% | 0.67% | 0.04% | 1.24% | 0.09% | 1.57% | 0.58% | 0.17% |
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% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KARS and JETS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JETS has higher volatility (9.08%) compared to KARS (8.37%). In terms of maximum drawdown, KARS dropped -64.85% vs JETS's -64.92%.
On 5-year performance, JETS leads with 6.76% vs -7.36% for KARS. On fees, JETS is cheaper at 0.60% 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.
Over the 5-year period, JETS has performed better with a 6.76% return vs -7.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JETS is cheaper with a 0.60% expense ratio, compared with 0.72% for KARS.
JETS has the higher dividend yield at 0.74%, compared with 0.19% for KARS.
KARS tracks Bloomberg Electric Vehicles Index, while JETS tracks U.S. Global Jets Index. They also come from different issuers: KraneShares and US Global. Their fees differ too: 0.72% for KARS and 0.60% for JETS.
JETS currently has the higher Sharpe Ratio (0.97 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.
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