KARS vs. RBLD

Last updated Apr 2, 2026

Compare and contrast key facts about KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD).

KARS and RBLD 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 KraneShares that tracks the performance of the Bloomberg Electric Vehicles Index. It was launched on Jan 18, 2018. RBLD is a passively managed fund by First Trust that tracks the performance of the Alerian US NextGen Infrastructure Index - Benchmark TR Net. It was launched on Oct 13, 2008. Both KARS and RBLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

KARS vs. RBLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD). The values are adjusted to include any dividend payments, if applicable.

KARS vs. RBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	5.44%	46.04%	-17.88%	-7.85%	-39.20%	24.11%	71.17%	34.66%	-28.33%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	8.87%	13.99%	17.94%	19.36%	-9.87%	12.98%	0.51%	12.81%	-25.32%

Returns By Period

In the year-to-date period, KARS achieves a 5.44% return, which is significantly lower than RBLD's 8.87% return.

KARS

• 1D: -0.31%
• 1M: -2.63%
• YTD: 5.44%
• 6M: 4.53%
• 1Y: 53.05%
• 3Y*: 2.24%
• 5Y*: -3.91%
• 10Y*: —

RBLD

• 1D: 2.08%
• 1M: -4.71%
• YTD: 8.87%
• 6M: 8.11%
• 1Y: 24.93%
• 3Y*: 19.13%
• 5Y*: 9.29%
• 10Y*: 7.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KARS vs. RBLD - Expense Ratio Comparison

KARS has a 0.72% expense ratio, which is higher than RBLD's 0.65% expense ratio.

KARS

KraneShares Electric Vehicles and Future Mobility Index ETF

RBLD

First Trust Alerian U.S. NextGen Infrastructure ETF

Return for Risk

KARS vs. RBLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KARS

KARS Risk / Return Rank: 87
KARS Sharpe Ratio Rank: 87
KARS Sortino Ratio Rank: 87
KARS Omega Ratio Rank: 83
KARS Calmar Ratio Rank: 88
KARS Martin Ratio Rank: 91

RBLD

RBLD Risk / Return Rank: 77
RBLD Sharpe Ratio Rank: 76
RBLD Sortino Ratio Rank: 76
RBLD Omega Ratio Rank: 74
RBLD Calmar Ratio Rank: 77
RBLD Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KARS vs. RBLD - 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 First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD). 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.

	KARS	RBLD	Difference
Sharpe ratio Return per unit of total volatility	1.87	1.41	+0.46
Sortino ratio Return per unit of downside risk	2.48	1.96	+0.52
Omega ratio Gain probability vs. loss probability	1.33	1.28	+0.05
Calmar ratio Return relative to maximum drawdown	2.93	2.10	+0.83
Martin ratio Return relative to average drawdown	12.69	9.70	+2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KARS vs. RBLD - Sharpe Ratio Comparison

The current KARS Sharpe Ratio is 1.87, which is higher than the RBLD Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of KARS and RBLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KARS	RBLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	1.41	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.56	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.36	-0.20

Correlation

The correlation between KARS and RBLD is 0.60, 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.

Dividends

KARS vs. RBLD - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 0.17%, less than RBLD's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	0.17%	0.18%	0.78%	0.88%	1.13%	6.73%	0.14%	1.85%	1.38%	0.00%	0.00%	0.00%
RBLD First Trust Alerian U.S. NextGen Infrastructure ETF	1.12%	1.19%	1.31%	1.16%	2.10%	1.45%	2.88%	1.84%	1.74%	1.49%	2.01%	1.17%

Drawdowns

KARS vs. RBLD - Drawdown Comparison

The maximum KARS drawdown since its inception was -64.85%, which is greater than RBLD's maximum drawdown of -50.07%. Use the drawdown chart below to compare losses from any high point for KARS and RBLD.

Drawdown Indicators

	KARS	RBLD	Difference
Max Drawdown Largest peak-to-trough decline	-64.85%	-50.07%	-14.78%
Max Drawdown (1Y) Largest decline over 1 year	-17.74%	-12.24%	-5.50%
Max Drawdown (5Y) Largest decline over 5 years	-64.85%	-25.35%	-39.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-50.07%	—
Current Drawdown Current decline from peak	-35.73%	-5.26%	-30.47%
Average Drawdown Average peak-to-trough decline	-28.31%	-10.94%	-17.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	2.65%	+1.44%

Volatility

KARS vs. RBLD - Volatility Comparison

KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a higher volatility of 9.01% compared to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) at 5.59%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than RBLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KARS	RBLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.01%	5.59%	+3.42%
Volatility (6M) Calculated over the trailing 6-month period	19.50%	10.29%	+9.21%
Volatility (1Y) Calculated over the trailing 1-year period	28.52%	17.71%	+10.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.61%	16.79%	+12.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.32%	18.74%	+10.58%