KBA vs. EWT
Compare and contrast key facts about KraneShares Bosera MSCI China A Share ETF (KBA) and iShares MSCI Taiwan ETF (EWT).
KBA and EWT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBA is a passively managed fund by CICC that tracks the performance of the MSCI China A Index. It was launched on Mar 5, 2014. EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000. Both KBA and EWT 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: KBA or EWT.
Key characteristics
| KBA | EWT | |
|---|---|---|
| YTD Return | 19.94% | 19.05% |
| 1Y Return | 16.56% | 34.84% |
| 3Y Return (Ann) | -8.72% | 5.58% |
| 5Y Return (Ann) | 2.44% | 14.22% |
| 10Y Return (Ann) | 3.62% | 11.20% |
| Sharpe Ratio | 0.67 | 1.92 |
| Sortino Ratio | 1.17 | 2.53 |
| Omega Ratio | 1.17 | 1.33 |
| Calmar Ratio | 0.36 | 1.84 |
| Martin Ratio | 2.48 | 9.14 |
| Ulcer Index | 7.28% | 4.38% |
| Daily Std Dev | 27.04% | 20.82% |
| Max Drawdown | -53.24% | -64.26% |
| Current Drawdown | -33.86% | -3.66% |
Correlation
The correlation between KBA and EWT is 0.47, 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.
Performance
KBA vs. EWT - Performance Comparison
The year-to-date returns for both stocks are quite close, with KBA having a 19.94% return and EWT slightly lower at 19.05%. Over the past 10 years, KBA has underperformed EWT with an annualized return of 3.62%, while EWT has yielded a comparatively higher 11.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KBA vs. EWT - Expense Ratio Comparison
KBA has a 0.60% expense ratio, which is higher than EWT's 0.59% expense ratio.
Risk-Adjusted Performance
KBA vs. EWT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Bosera MSCI China A Share ETF (KBA) and iShares MSCI Taiwan ETF (EWT). 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
KBA vs. EWT - Dividend Comparison
KBA's dividend yield for the trailing twelve months is around 1.95%, less than EWT's 10.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBA KraneShares Bosera MSCI China A Share ETF | 1.95% | 2.34% | 26.65% | 9.07% | 0.65% | 1.53% | 3.77% | 0.99% | 4.90% | 29.08% | 0.11% | 0.00% |
EWT iShares MSCI Taiwan ETF | 10.09% | 12.01% | 18.82% | 2.64% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% | 1.93% | 1.82% |
Drawdowns
KBA vs. EWT - Drawdown Comparison
The maximum KBA drawdown since its inception was -53.24%, smaller than the maximum EWT drawdown of -64.26%. Use the drawdown chart below to compare losses from any high point for KBA and EWT. For additional features, visit the drawdowns tool.
Volatility
KBA vs. EWT - Volatility Comparison
KraneShares Bosera MSCI China A Share ETF (KBA) has a higher volatility of 17.01% compared to iShares MSCI Taiwan ETF (EWT) at 5.01%. This indicates that KBA's price experiences larger fluctuations and is considered to be riskier than EWT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.