KARS vs. KWEB
Compare and contrast key facts about KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and KraneShares CSI China Internet ETF (KWEB).
KARS and KWEB 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. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013. Both KARS and KWEB 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 KWEB.
Performance
KARS vs. KWEB - Performance Comparison
Returns By Period
In the year-to-date period, KARS achieves a -13.75% return, which is significantly lower than KWEB's 13.70% return.
KARS
-13.75%
2.44%
4.09%
-10.03%
1.98%
N/A
KWEB
13.70%
-5.97%
2.57%
11.05%
-5.82%
-0.39%
Key characteristics
| KARS | KWEB | |
|---|---|---|
| Sharpe Ratio | -0.36 | 0.31 |
| Sortino Ratio | -0.34 | 0.74 |
| Omega Ratio | 0.96 | 1.09 |
| Calmar Ratio | -0.17 | 0.15 |
| Martin Ratio | -0.61 | 0.92 |
| Ulcer Index | 17.99% | 12.73% |
| Daily Std Dev | 30.20% | 38.16% |
| Max Drawdown | -64.60% | -80.92% |
| Current Drawdown | -56.16% | -67.64% |
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KARS vs. KWEB - Expense Ratio Comparison
KARS has a 0.70% expense ratio, which is lower than KWEB's 0.76% expense ratio.
Correlation
The correlation between KARS and KWEB is 0.66, 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.
Risk-Adjusted Performance
KARS vs. KWEB - 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 CSI China Internet ETF (KWEB). 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. KWEB - Dividend Comparison
KARS's dividend yield for the trailing twelve months is around 1.02%, less than KWEB's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles & Future Mobility Index ETF | 1.02% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KWEB KraneShares CSI China Internet ETF | 1.50% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
Drawdowns
KARS vs. KWEB - Drawdown Comparison
The maximum KARS drawdown since its inception was -64.60%, smaller than the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for KARS and KWEB. For additional features, visit the drawdowns tool.
Volatility
KARS vs. KWEB - Volatility Comparison
KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) has a higher volatility of 12.72% compared to KraneShares CSI China Internet ETF (KWEB) at 11.77%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than KWEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.