KARS vs. VEVFX

Last updated Aug 2, 2026

KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) and VEVFX (Vanguard Explorer Value Fund) are both funds - KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index, while VEVFX is a Small Cap Value Equities fund managed by Vanguard. Over the past 5 years, KARS returned -7.36%/yr vs 9.20%/yr for VEVFX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. KARS charges 0.72%/yr vs 0.52%/yr for VEVFX.

Performance

KARS vs. VEVFX - 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 Vanguard Explorer Value Fund (VEVFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KARS achieves a -3.13% return, which is significantly lower than VEVFX's 21.50% 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%

VEVFX

• 1D: -0.20%
• 1M: 0.83%
• 6M: 14.49%
• YTD: 21.50%
• 1Y: 33.94%
• 3Y*: 15.62%
• 5Y*: 9.20%
• 10Y*: 10.38%
• ALL TIME*: 10.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	$357.33K	$457.30K	$1.09M
VEVFX Vanguard Explorer Value Fund	$0.00	$0.00	$0.00

KARS vs. VEVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	-3.13%	46.04%	-17.88%	-7.85%	-39.20%	24.11%	71.17%	34.66%	-28.04%
VEVFX Vanguard Explorer Value Fund	21.50%	7.40%	13.81%	15.29%	-14.11%	28.14%	3.29%	26.92%	-15.12%

Correlation

The correlation between KARS and VEVFX is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.44
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (All Time) Calculated using the full available price history since Jan 19, 2018	0.60

Over the past year, the correlation between KARS and VEVFX has dropped to 0.36 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

KARS vs. VEVFX - Sectors Allocation Comparison

Sectors	KARS	VEVFX
Consumer Cyclical	35.9%	16.0%
Basic Materials	25.4%	3.3%
Industrials	20.7%	16.6%
Technology	18.0%	9.9%
Communication Services	-	4.1%
Consumer Defensive	-	4.7%
Energy	-	4.3%
Financial Services	-	22.5%
Healthcare	-	7.5%
Real Estate	-	7.9%
Utilities	-	3.4%

Return for Risk

KARS vs. VEVFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KARS

KARS Risk / Return Rank: 34
KARS Sharpe Ratio Rank: 36
KARS Sortino Ratio Rank: 36
KARS Omega Ratio Rank: 35
KARS Calmar Ratio Rank: 31
KARS Martin Ratio Rank: 33

VEVFX

VEVFX Risk / Return Rank: 78
VEVFX Sharpe Ratio Rank: 77
VEVFX Sortino Ratio Rank: 78
VEVFX Omega Ratio Rank: 72
VEVFX Calmar Ratio Rank: 86
VEVFX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KARS vs. VEVFX - 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 Vanguard Explorer Value Fund (VEVFX). 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	VEVFX	Difference
Sharpe ratio: Return per unit of total volatility	0.90	1.78	-0.88
Sortino ratio: Return per unit of downside risk	1.34	2.66	-1.32
Omega ratio: Gain probability vs. loss probability	1.17	1.31	-0.15
Calmar ratio: Return relative to maximum drawdown	1.02	2.98	-1.97
Martin ratio: Return relative to average drawdown	3.12	9.39	-6.27

KARS vs. VEVFX - Sharpe Ratio Comparison

The current KARS Sharpe Ratio is 0.90, which is lower than the VEVFX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of KARS and VEVFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KARS vs. VEVFX - Drawdown Comparison

The maximum KARS drawdown since its inception was -64.85%, which is greater than VEVFX's maximum drawdown of -47.53%. Use the drawdown chart below to compare losses from any high point for KARS and VEVFX.

Drawdown Indicators

	KARS	VEVFX	Difference
Max Drawdown Largest peak-to-trough decline	-64.85%	-47.53%	-17.32%
Max Drawdown (1Y) Largest decline over 1 year	-24.94%	-10.31%	-14.63%
Max Drawdown (3Y) Largest decline over 3 years	-45.42%	-27.32%	-18.10%
Max Drawdown (5Y) Largest decline over 5 years	-64.85%	-27.32%	-37.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-47.53%	—
Current Drawdown Current decline from peak	-40.95%	-1.41%	-39.54%
Average Drawdown Average peak-to-trough decline	-28.48%	-6.56%	-21.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.11%	3.27%	+4.84%

Volatility

KARS vs. VEVFX - Volatility Comparison

KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a higher volatility of 8.37% compared to Vanguard Explorer Value Fund (VEVFX) at 3.78%. This indicates that KARS's price experiences larger fluctuations and is considered to be riskier than VEVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KARS	VEVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.37%	3.78%	+4.59%
Volatility (6M) Calculated over the trailing 6-month period	22.26%	11.86%	+10.40%
Volatility (1Y) Calculated over the trailing 1-year period	28.30%	17.32%	+10.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.00%	20.56%	+9.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.40%	22.42%	+6.98%

KARS vs. VEVFX - Expense Ratio Comparison

KARS has a 0.72% expense ratio, which is higher than VEVFX's 0.52% expense ratio.

Dividends

KARS vs. VEVFX - Dividend Comparison

KARS's dividend yield for the trailing twelve months is around 0.19%, less than VEVFX's 8.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
VEVFX Vanguard Explorer Value Fund	8.45%	10.26%	14.55%	2.49%	3.85%	3.83%	0.86%	1.47%	8.92%	3.00%	2.26%	6.31%

Frequently Asked Questions

Can I hold both KARS and VEVFX in my portfolio?

KARS and VEVFX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KARS or VEVFX?

KARS has higher volatility (8.37%) compared to VEVFX (3.78%). In terms of maximum drawdown, KARS dropped -64.85% vs VEVFX's -47.53%.

Which has better risk-adjusted returns?

VEVFX currently has the higher Sharpe Ratio (1.78 vs 0.90), 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.