KBA vs. KGRN
Compare and contrast key facts about KraneShares Bosera MSCI China A Share ETF (KBA) and KraneShares MSCI China Clean Technology Index ETF (KGRN).
KBA and KGRN 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. KGRN is a passively managed fund by CICC that tracks the performance of the MSCI China IMI Environment 10/40 Index. It was launched on Oct 13, 2017. Both KBA and KGRN 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 KGRN.
Correlation
The correlation between KBA and KGRN is 0.41, 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. KGRN - Performance Comparison
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Key characteristics
KBA:
0.29
KGRN:
0.85
KBA:
0.58
KGRN:
1.27
KBA:
1.08
KGRN:
1.16
KBA:
0.16
KGRN:
0.44
KBA:
0.43
KGRN:
2.28
KBA:
17.60%
KGRN:
12.35%
KBA:
30.41%
KGRN:
38.06%
KBA:
-53.24%
KGRN:
-66.37%
KBA:
-35.29%
KGRN:
-47.69%
Returns By Period
In the year-to-date period, KBA achieves a 3.58% return, which is significantly lower than KGRN's 21.78% return.
KBA
3.58%
5.88%
1.83%
8.79%
-2.72%
2.54%
-3.03%
KGRN
21.78%
15.73%
21.69%
31.95%
-6.41%
10.19%
N/A
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KBA vs. KGRN - Expense Ratio Comparison
KBA has a 0.60% expense ratio, which is lower than KGRN's 0.79% expense ratio.
Risk-Adjusted Performance
KBA vs. KGRN — Risk-Adjusted Performance Rank
KBA
KGRN
KBA vs. KGRN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Bosera MSCI China A Share ETF (KBA) and KraneShares MSCI China Clean Technology Index ETF (KGRN). 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.
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Dividends
KBA vs. KGRN - Dividend Comparison
KBA's dividend yield for the trailing twelve months is around 2.11%, more than KGRN's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBA KraneShares Bosera MSCI China A Share ETF | 2.11% | 2.18% | 2.34% | 26.65% | 9.07% | 0.65% | 1.53% | 3.77% | 0.99% | 4.90% | 29.08% | 0.11% |
KGRN KraneShares MSCI China Clean Technology Index ETF | 1.22% | 1.49% | 0.74% | 1.60% | 0.41% | 0.01% | 5.88% | 2.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KBA vs. KGRN - Drawdown Comparison
The maximum KBA drawdown since its inception was -53.24%, smaller than the maximum KGRN drawdown of -66.37%. Use the drawdown chart below to compare losses from any high point for KBA and KGRN. For additional features, visit the drawdowns tool.
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Volatility
KBA vs. KGRN - Volatility Comparison
The current volatility for KraneShares Bosera MSCI China A Share ETF (KBA) is 4.12%, while KraneShares MSCI China Clean Technology Index ETF (KGRN) has a volatility of 7.20%. This indicates that KBA experiences smaller price fluctuations and is considered to be less risky than KGRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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