KARS vs. KRBN
KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and KRBN (KraneShares Global Carbon Strategy ETF) are both exchange-traded funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while KRBN is a Commodities fund tracking the S&P Global Carbon Credit Index. Both are passively managed. Over the past 5 years, KARS returned -7.36%/yr vs 6.63%/yr for KRBN. Their 0.17 correlation means their historical movements had little consistent relationship. KARS charges 0.72%/yr vs 0.90%/yr for KRBN.
Performance
KARS vs. KRBN - 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 KRBN's -4.66% 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%
KRBN
- 1D
- 0.24%
- 1M
- 1.78%
- 6M
- 2.83%
- YTD
- -4.66%
- 1Y
- 14.32%
- 3Y*
- 0.37%
- 5Y*
- 6.63%
- 10Y*
- —
- ALL TIME*
- 16.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $357.33K | $457.30K | $1.09M | |
| $1.62M | $1.01M | $687.32K |
KARS vs. KRBN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.13% | 46.04% | -17.88% | -7.85% | -39.20% | 24.11% | 45.22% |
KRBN KraneShares Global Carbon Strategy ETF | -4.66% | 23.11% | -13.56% | 8.01% | -12.75% | 107.69% | 25.03% |
Correlation
The correlation between KARS and KRBN is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.17 |
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Return for Risk
KARS vs. KRBN — Risk / Return Rank
KARS
KRBN
KARS vs. KRBN - 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 Global Carbon Strategy ETF (KRBN). 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 | KRBN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.56 | +0.46 |
| Martin ratioReturn relative to average drawdown | 3.12 | 1.39 | +1.74 |
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Drawdowns
KARS vs. KRBN - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.85%, which is greater than KRBN's maximum drawdown of -36.42%. Use the drawdown chart below to compare losses from any high point for KARS and KRBN.
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Drawdown Indicators
| KARS | KRBN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -36.42% | -28.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.94% | -24.98% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -45.42% | -26.05% | -19.37% |
Max Drawdown (5Y)Largest decline over 5 years | -64.85% | -36.42% | -28.43% |
Current DrawdownCurrent decline from peak | -40.95% | -13.09% | -27.86% |
Average DrawdownAverage peak-to-trough decline | -28.48% | -16.07% | -12.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 10.09% | -1.98% |
Volatility
KARS vs. KRBN - Volatility Comparison
KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a higher volatility of 8.37% compared to KraneShares Global Carbon Strategy ETF (KRBN) at 6.66%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than KRBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KARS | KRBN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 6.66% | +1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 16.46% | +5.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.30% | 19.75% | +8.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.00% | 27.84% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.40% | 28.43% | +0.97% |
KARS vs. KRBN - Expense Ratio Comparison
KARS has a 0.72% expense ratio, which is lower than KRBN's 0.90% expense ratio.
Dividends
KARS vs. KRBN - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 0.19%, less than KRBN's 1.99% 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% |
KRBN KraneShares Global Carbon Strategy ETF | 1.99% | 1.90% | 7.10% | 7.60% | 22.91% | 0.49% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KARS and KRBN have a correlation of 0.14, 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 KRBN (6.66%). In terms of maximum drawdown, KARS dropped -64.85% vs KRBN's -36.42%.
On 5-year performance, KRBN leads with 6.63% vs -7.36% for KARS. On fees, KARS is cheaper at 0.72% per year. On volatility, KRBN has been the lower-risk option at 6.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, KRBN has performed better with a 6.63% return vs -7.36%. 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 0.90% for KRBN.
KRBN has the higher dividend yield at 1.99%, compared with 0.19% for KARS.
KARS is categorized as Industrials Equities, while KRBN is Commodities. KARS tracks Bloomberg Electric Vehicles Index, while KRBN tracks S&P Global Carbon Credit Index. Their fees differ too: 0.72% for KARS and 0.90% for KRBN.
KARS currently has the higher Sharpe Ratio (0.90 vs 0.71), 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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