KARS vs. KPRO
KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and KPRO (KraneShares 100% KWEB Defined Outcome January 2026 ETF) are both exchange-traded funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while KPRO is a Options Trading fund actively managed by KraneShares. KARS is passively managed, while KPRO is actively managed. Over the past year, KARS returned 25.51% vs -3.07% for KPRO. Their 0.55 correlation means they have sometimes moved together and sometimes differently. KARS charges 0.72%/yr vs 0.95%/yr for KPRO.
Performance
KARS vs. KPRO - 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 KPRO's -4.06% 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%
KPRO
- 1D
- -0.03%
- 1M
- 1.80%
- 6M
- -5.11%
- YTD
- -4.06%
- 1Y
- -3.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $357.33K | $457.30K | $1.09M | |
| $43.77K | $23.76K | $121.31K |
KARS vs. KPRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.13% | 46.04% | -0.78% |
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | -4.06% | 7.79% | 11.98% |
Correlation
The correlation between KARS and KPRO is 0.51, 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. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2024 | 0.55 |
The correlation between KARS and KPRO has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.
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Return for Risk
KARS vs. KPRO — Risk / Return Rank
KARS
KPRO
KARS vs. KPRO - 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 100% KWEB Defined Outcome January 2026 ETF (KPRO). 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 | KPRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.94 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | -0.24 | +1.25 |
| Martin ratioReturn relative to average drawdown | 3.12 | -0.41 | +3.53 |
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Drawdowns
KARS vs. KPRO - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.85%, which is greater than KPRO's maximum drawdown of -13.34%. Use the drawdown chart below to compare losses from any high point for KARS and KPRO.
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Drawdown Indicators
| KARS | KPRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -13.34% | -51.51% |
Max Drawdown (1Y)Largest decline over 1 year | -24.94% | -13.34% | -11.60% |
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% | -10.93% | -30.02% |
Average DrawdownAverage peak-to-trough decline | -28.48% | -3.02% | -25.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 7.70% | +0.41% |
Volatility
KARS vs. KPRO - Volatility Comparison
KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a higher volatility of 8.37% compared to KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) at 1.40%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than KPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KARS | KPRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 1.40% | +6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 4.69% | +17.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.30% | 8.86% | +19.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.00% | 7.67% | +22.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.40% | 7.67% | +21.73% |
KARS vs. KPRO - Expense Ratio Comparison
KARS has a 0.72% expense ratio, which is lower than KPRO's 0.95% expense ratio.
Dividends
KARS vs. KPRO - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.19%, less than KPRO's 2.76% 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% |
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | 2.76% | 2.65% | 3.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KARS and KPRO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KARS has higher volatility (8.37%) compared to KPRO (1.40%). In terms of maximum drawdown, KARS dropped -64.85% vs KPRO's -13.34%.
On 1-year performance, KARS leads with 25.51% vs -3.07% for KPRO. On fees, KARS is cheaper at 0.72% per year. On volatility, KPRO has been the lower-risk option at 1.40%. 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 -3.07%. 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 0.95% for KPRO.
KPRO has the higher dividend yield at 2.76%, compared with 0.19% for KARS.
KARS is categorized as Industrials Equities, while KPRO is Options Trading. Their fees differ too: 0.72% for KARS and 0.95% for KPRO.
KARS currently has the higher Sharpe Ratio (0.90 vs -0.35), 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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