KBA vs. IVOL
Compare and contrast key facts about KraneShares Bosera MSCI China A Share ETF (KBA) and Quadratic Interest Rate Volatility & Inflation Hedge ETF (IVOL).
KBA and IVOL 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. IVOL is an actively managed fund by CICC. It was launched on May 13, 2019.
Performance
KBA vs. IVOL - Performance Comparison
Loading graphics...
KBA vs. IVOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
KBA KraneShares Bosera MSCI China A Share ETF | -1.94% | 33.88% | 15.73% | -16.77% | -3.49% | 3.17% | 41.62% | 12.26% |
IVOL Quadratic Interest Rate Volatility & Inflation Hedge ETF | -2.15% | 11.97% | -11.07% | -5.18% | -12.69% | -0.31% | 14.56% | 3.23% |
Returns By Period
In the year-to-date period, KBA achieves a -1.94% return, which is significantly higher than IVOL's -2.15% return.
KBA
- 1D
- 0.13%
- 1M
- -1.78%
- YTD
- -1.94%
- 6M
- 2.34%
- 1Y
- 31.22%
- 3Y*
- 7.48%
- 5Y*
- 5.23%
- 10Y*
- 8.15%
IVOL
- 1D
- -0.69%
- 1M
- -1.66%
- YTD
- -2.15%
- 6M
- -2.53%
- 1Y
- 3.23%
- 3Y*
- -3.05%
- 5Y*
- -4.75%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KBA vs. IVOL - Expense Ratio Comparison
KBA has a 0.60% expense ratio, which is lower than IVOL's 0.99% expense ratio.
Return for Risk
KBA vs. IVOL — Risk / Return Rank
KBA
IVOL
KBA vs. IVOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Bosera MSCI China A Share ETF (KBA) and Quadratic Interest Rate Volatility & Inflation Hedge ETF (IVOL). 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 | IVOL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 0.31 | +1.37 |
Sortino ratioReturn per unit of downside risk | 2.26 | 0.55 | +1.71 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.07 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 2.69 | 0.46 | +2.22 |
Martin ratioReturn relative to average drawdown | 10.24 | 0.88 | +9.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KBA | IVOL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 0.31 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | -0.37 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | -0.06 | +0.38 |
Correlation
The correlation between KBA and IVOL is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
KBA vs. IVOL - Dividend Comparison
KBA's dividend yield for the trailing twelve months is around 1.59%, less than IVOL's 3.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBA KraneShares Bosera MSCI China A Share ETF | 1.59% | 1.56% | 2.18% | 2.34% | 49.05% | 9.07% | 0.65% | 1.53% | 3.77% | 1.46% | 6.62% | 29.08% |
IVOL Quadratic Interest Rate Volatility & Inflation Hedge ETF | 3.75% | 3.61% | 3.83% | 3.73% | 3.92% | 3.93% | 3.44% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KBA vs. IVOL - Drawdown Comparison
The maximum KBA drawdown since its inception was -53.24%, which is greater than IVOL's maximum drawdown of -31.16%. Use the drawdown chart below to compare losses from any high point for KBA and IVOL.
Loading graphics...
Drawdown Indicators
| KBA | IVOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.24% | -31.16% | -22.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -6.72% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -40.42% | -31.16% | -9.26% |
Max Drawdown (10Y)Largest decline over 10 years | -45.32% | — | — |
Current DrawdownCurrent decline from peak | -4.96% | -23.04% | +18.08% |
Average DrawdownAverage peak-to-trough decline | -26.15% | -13.03% | -13.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 3.52% | -0.56% |
Volatility
KBA vs. IVOL - Volatility Comparison
KraneShares Bosera MSCI China A Share ETF (KBA) has a higher volatility of 4.85% compared to Quadratic Interest Rate Volatility & Inflation Hedge ETF (IVOL) at 2.43%. This indicates that KBA's price experiences larger fluctuations and is considered to be riskier than IVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KBA | IVOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 2.43% | +2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 11.80% | 4.46% | +7.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.64% | 10.43% | +8.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.07% | 12.82% | +14.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.28% | 12.11% | +13.17% |