KBA vs. DRAG

Last updated Jun 4, 2026

KBA (KraneShares Bosera MSCI China A Share ETF) and DRAG (Roundhill China Dragons ETF) are both China Equities funds. KBA is passively managed, while DRAG is actively managed. KBA charges 0.60%/yr vs 0.59%/yr for DRAG.

Performance

KBA vs. DRAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Bosera MSCI China A Share ETF (KBA) and Roundhill China Dragons ETF (DRAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KBA

• 1D: 0.14%
• 1M: 4.32%
• YTD: 12.62%
• 6M: 16.80%
• 1Y: 49.12%
• 3Y*: 16.22%
• 5Y*: 6.46%
• 10Y*: 10.15%

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KBA vs. DRAG - Yearly Performance Comparison

	2026 (YTD)
KBA KraneShares Bosera MSCI China A Share ETF	13.39%
DRAG Roundhill China Dragons ETF	0.00%

KBA vs. DRAG - Sectors Allocation Comparison

Sectors	KBA	DRAG
Technology	29.8%	10.2%
Financial Services	18.5%	-
Industrials	15.8%	-
Basic Materials	10.9%	-
Consumer Defensive	6.8%	-
Consumer Cyclical	5.7%	72.4%
Healthcare	4.1%	-
Energy	3.2%	-
Utilities	3.2%	-
Communication Services	1.6%	17.3%
Real Estate	0.6%	-

Return for Risk

KBA vs. DRAG — Risk / Return Rank

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

KBA

KBA Risk / Return Rank: 85
KBA Sharpe Ratio Rank: 84
KBA Sortino Ratio Rank: 84
KBA Omega Ratio Rank: 83
KBA Calmar Ratio Rank: 93
KBA 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.

KBA vs. DRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Bosera MSCI China A Share ETF (KBA) and Roundhill China Dragons ETF (DRAG). 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.

	KBA	DRAG	Difference
Sharpe ratio Return per unit of total volatility	2.80	—	—
Sortino ratio Return per unit of downside risk	3.80	—	—
Omega ratio Gain probability vs. loss probability	1.50	—	—
Calmar ratio Return relative to maximum drawdown	6.45	—	—
Martin ratio Return relative to average drawdown	17.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KBA	DRAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.80	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	—	—

Drawdowns

KBA vs. DRAG - Drawdown Comparison

The maximum KBA drawdown since its inception was -53.24%, which is greater than DRAG's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for KBA and DRAG.

Drawdown Indicators

	KBA	DRAG	Difference
Max Drawdown Largest peak-to-trough decline	-53.24%	0.00%	-53.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.65%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.32%	—	—
Current Drawdown Current decline from peak	-1.25%	0.00%	-1.25%
Average Drawdown Average peak-to-trough decline	-25.81%	0.00%	-25.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	—	—

Volatility

Volatility by Period

	KBA	DRAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.65%	0.00%	+17.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.20%	0.00%	+27.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.32%	0.00%	+25.32%

KBA vs. DRAG - Expense Ratio Comparison

KBA has a 0.60% expense ratio, which is higher than DRAG's 0.59% expense ratio.

Dividends

KBA vs. DRAG - Dividend Comparison

KBA's dividend yield for the trailing twelve months is around 1.39%, while DRAG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRAG Roundhill China Dragons ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KBA KraneShares Bosera MSCI China A Share ETF	1.39%	1.56%	2.18%	2.34%	49.05%	9.07%	0.65%	1.53%	3.77%	1.46%	6.62%	29.08%

Frequently Asked Questions

Which ETF is better, KBA or DRAG?

On fees, DRAG is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KBA or DRAG?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.60% for KBA.

Which ETF pays a higher dividend yield, KBA or DRAG?

KBA has the higher dividend yield at 1.39%, compared with 0.00% for DRAG.

What is the main difference between KBA and DRAG?

They also come from different issuers: CICC and Roundhill. Their fees differ too: 0.60% for KBA and 0.59% for DRAG.