KARS vs. KBAB
KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and KBAB (KraneShares 2x Long BABA Daily ETF) are both exchange-traded funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while KBAB is a Leveraged Equities fund actively managed by KraneShares. KARS is passively managed, while KBAB is actively managed. Over the past year, KARS returned 25.51% vs -16.96% for KBAB. Their 0.52 correlation means they have sometimes moved together and sometimes differently. KARS charges 0.72%/yr vs 1.00%/yr for KBAB.
Performance
KARS vs. KBAB - Performance Comparison
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Returns By Period
In the year-to-date period, KARS achieves a -3.13% return, which is significantly higher than KBAB's -39.99% 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%
KBAB
- 1D
- 10.58%
- 1M
- 57.00%
- 6M
- -53.74%
- YTD
- -39.99%
- 1Y
- -16.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $357.33K | $457.30K | $1.09M | |
| $69.43K | $174.57K | $194.23K |
KARS vs. KBAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.13% | 36.60% |
KBAB KraneShares 2x Long BABA Daily ETF | -39.99% | -6.56% |
Correlation
The correlation between KARS and KBAB is 0.50, 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. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.52 |
The correlation between KARS and KBAB has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.
KARS vs. KBAB - Sectors Allocation Comparison
Sectors
KARS
KBAB
Consumer Cyclical
Basic Materials
-
Industrials
-
Technology
-
Communication Services
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
-
Healthcare
-
-
Real Estate
-
-
Utilities
-
-
Consumer Cyclical
KARS
KBAB
Basic Materials
KARS
KBAB
-
Industrials
KARS
KBAB
-
Technology
KARS
KBAB
-
Communication Services
KARS
-
KBAB
-
Consumer Defensive
KARS
-
KBAB
-
Energy
KARS
-
KBAB
-
Financial Services
KARS
-
KBAB
-
Healthcare
KARS
-
KBAB
-
Real Estate
KARS
-
KBAB
-
Utilities
KARS
-
KBAB
-
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Return for Risk
KARS vs. KBAB — Risk / Return Rank
KARS
KBAB
KARS vs. KBAB - 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 2x Long BABA Daily ETF (KBAB). 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 | KBAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.03 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | -0.28 | +1.29 |
| Martin ratioReturn relative to average drawdown | 3.12 | -0.47 | +3.60 |
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Drawdowns
KARS vs. KBAB - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.85%, smaller than the maximum KBAB drawdown of -78.98%. Use the drawdown chart below to compare losses from any high point for KARS and KBAB.
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Drawdown Indicators
| KARS | KBAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -78.98% | +14.13% |
Max Drawdown (1Y)Largest decline over 1 year | -24.94% | -78.98% | +54.04% |
Max Drawdown (3Y)Largest decline over 3 years | -45.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -64.85% | — | — |
Current DrawdownCurrent decline from peak | -40.95% | -66.20% | +25.25% |
Average DrawdownAverage peak-to-trough decline | -28.48% | -41.21% | +12.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 46.15% | -38.04% |
Volatility
KARS vs. KBAB - Volatility Comparison
The current volatility for KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is 8.37%, while KraneShares 2x Long BABA Daily ETF (KBAB) has a volatility of 27.65%. This indicates that KARS experiences smaller price fluctuations and is considered to be less risky than KBAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KARS | KBAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 27.65% | -19.28% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 57.86% | -35.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.30% | 90.35% | -62.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.00% | 90.76% | -60.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.40% | 90.76% | -61.36% |
KARS vs. KBAB - Expense Ratio Comparison
KARS has a 0.72% expense ratio, which is lower than KBAB's 1.00% expense ratio.
Dividends
KARS vs. KBAB - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.19%, less than KBAB's 99.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
KBAB KraneShares 2x Long BABA Daily ETF | 99.78% | 59.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KARS and KBAB have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBAB has higher volatility (27.65%) compared to KARS (8.37%). In terms of maximum drawdown, KARS dropped -64.85% vs KBAB's -78.98%.
On 1-year performance, KARS leads with 25.51% vs -16.96% for KBAB. 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.
Over the 1-year period, KARS has performed better with a 25.51% return vs -16.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KARS is cheaper with a 0.72% expense ratio, compared with 1.00% for KBAB.
KBAB has the higher dividend yield at 99.78%, compared with 0.19% for KARS.
KARS is categorized as Industrials Equities, while KBAB is Leveraged Equities. Their fees differ too: 0.72% for KARS and 1.00% for KBAB.
KARS currently has the higher Sharpe Ratio (0.90 vs -0.24), 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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