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KARS vs. MCHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KARS vs. MCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and iShares MSCI China ETF (MCHI). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
4.25%
6.30%
KARS
MCHI

Returns By Period

In the year-to-date period, KARS achieves a -13.75% return, which is significantly lower than MCHI's 17.32% return.


KARS

YTD

-13.75%

1M

2.44%

6M

4.09%

1Y

-10.03%

5Y (annualized)

1.98%

10Y (annualized)

N/A

MCHI

YTD

17.32%

1M

-5.54%

6M

6.10%

1Y

12.77%

5Y (annualized)

-2.65%

10Y (annualized)

1.41%

Key characteristics


KARSMCHI
Sharpe Ratio-0.360.41
Sortino Ratio-0.340.82
Omega Ratio0.961.10
Calmar Ratio-0.170.21
Martin Ratio-0.611.25
Ulcer Index17.99%10.13%
Daily Std Dev30.20%30.90%
Max Drawdown-64.60%-62.84%
Current Drawdown-56.16%-47.60%

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KARS vs. MCHI - Expense Ratio Comparison

KARS has a 0.70% expense ratio, which is higher than MCHI's 0.59% expense ratio.


KARS
KraneShares Electric Vehicles & Future Mobility Index ETF
Expense ratio chart for KARS: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for MCHI: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Correlation

-0.50.00.51.00.7

The correlation between KARS and MCHI is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

KARS vs. MCHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) and iShares MSCI China ETF (MCHI). 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.


Sharpe ratio
The chart of Sharpe ratio for KARS, currently valued at -0.36, compared to the broader market0.002.004.00-0.360.41
The chart of Sortino ratio for KARS, currently valued at -0.34, compared to the broader market-2.000.002.004.006.008.0010.00-0.340.82
The chart of Omega ratio for KARS, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.000.961.10
The chart of Calmar ratio for KARS, currently valued at -0.17, compared to the broader market0.005.0010.0015.00-0.170.21
The chart of Martin ratio for KARS, currently valued at -0.61, compared to the broader market0.0020.0040.0060.0080.00100.00-0.611.25
KARS
MCHI

The current KARS Sharpe Ratio is -0.36, which is lower than the MCHI Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of KARS and MCHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.00JuneJulyAugustSeptemberOctoberNovember
-0.36
0.41
KARS
MCHI

Dividends

KARS vs. MCHI - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 1.02%, less than MCHI's 2.49% yield.


TTM20232022202120202019201820172016201520142013
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%
MCHI
iShares MSCI China ETF
2.49%3.49%2.16%1.04%1.04%1.45%1.60%1.56%1.66%2.76%2.35%2.37%

Drawdowns

KARS vs. MCHI - Drawdown Comparison

The maximum KARS drawdown since its inception was -64.60%, roughly equal to the maximum MCHI drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for KARS and MCHI. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-56.16%
-47.60%
KARS
MCHI

Volatility

KARS vs. MCHI - Volatility Comparison

KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) has a higher volatility of 12.72% compared to iShares MSCI China ETF (MCHI) at 9.85%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than MCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.72%
9.85%
KARS
MCHI