KARS vs. KMED
Compare and contrast key facts about KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and KraneShares Emerging Markets Healthcare Index ETF (KMED).
KARS and KMED are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KARS is a passively managed fund by CICC that tracks the performance of the KARS-US - Bloomberg Electric Vehicles Index. It was launched on Jan 18, 2018. KMED is a passively managed fund by CICC that tracks the performance of the Solactive Emerging Markets Healthcare Index. It was launched on Aug 29, 2018. Both KARS and KMED 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: KARS or KMED.
Key characteristics
| KARS | KMED |
|---|
Correlation
The correlation between KARS and KMED is 0.48, 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
KARS vs. KMED - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KARS vs. KMED - Expense Ratio Comparison
KARS has a 0.70% expense ratio, which is lower than KMED's 0.79% expense ratio.
Risk-Adjusted Performance
KARS vs. KMED - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and KraneShares Emerging Markets Healthcare Index ETF (KMED). 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
KARS vs. KMED - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.99%, while KMED has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles & Future Mobility Index ETF | 0.99% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.38% |
KMED KraneShares Emerging Markets Healthcare Index ETF | 100.66% | 100.66% | 0.21% | 0.39% | 0.02% | 1.70% | 0.00% |
Drawdowns
KARS vs. KMED - Drawdown Comparison
Volatility
KARS vs. KMED - Volatility Comparison
KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) has a higher volatility of 8.52% compared to KraneShares Emerging Markets Healthcare Index ETF (KMED) at 0.00%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than KMED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.