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KBA vs. QYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBA and QYLD is 0.32, 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.


-0.50.00.51.00.3

Performance

KBA vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Bosera MSCI China A Share ETF (KBA) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
61.98%
129.12%
KBA
QYLD

Key characteristics

Sharpe Ratio

KBA:

0.73

QYLD:

1.97

Sortino Ratio

KBA:

1.26

QYLD:

2.69

Omega Ratio

KBA:

1.18

QYLD:

1.48

Calmar Ratio

KBA:

0.43

QYLD:

2.65

Martin Ratio

KBA:

2.12

QYLD:

14.19

Ulcer Index

KBA:

10.19%

QYLD:

1.45%

Daily Std Dev

KBA:

29.63%

QYLD:

10.40%

Max Drawdown

KBA:

-53.24%

QYLD:

-24.75%

Current Drawdown

KBA:

-36.38%

QYLD:

0.00%

Returns By Period

In the year-to-date period, KBA achieves a 15.39% return, which is significantly lower than QYLD's 19.32% return. Over the past 10 years, KBA has underperformed QYLD with an annualized return of 1.13%, while QYLD has yielded a comparatively higher 8.52% annualized return.


KBA

YTD

15.39%

1M

-1.98%

6M

9.72%

1Y

18.95%

5Y*

1.32%

10Y*

1.13%

QYLD

YTD

19.32%

1M

3.00%

6M

10.81%

1Y

19.98%

5Y*

7.37%

10Y*

8.52%

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. QYLD - Expense Ratio Comparison

Both KBA and QYLD have an expense ratio of 0.60%.


KBA
KraneShares Bosera MSCI China A Share ETF
Expense ratio chart for KBA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for QYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

KBA vs. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Bosera MSCI China A Share ETF (KBA) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.


Sharpe ratio
The chart of Sharpe ratio for KBA, currently valued at 0.73, compared to the broader market0.002.004.000.731.97
The chart of Sortino ratio for KBA, currently valued at 1.26, compared to the broader market-2.000.002.004.006.008.0010.001.262.69
The chart of Omega ratio for KBA, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.001.181.48
The chart of Calmar ratio for KBA, currently valued at 0.43, compared to the broader market0.005.0010.0015.000.432.65
The chart of Martin ratio for KBA, currently valued at 2.12, compared to the broader market0.0020.0040.0060.0080.00100.002.1214.19
KBA
QYLD

The current KBA Sharpe Ratio is 0.73, which is lower than the QYLD Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of KBA and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.73
1.97
KBA
QYLD

Dividends

KBA vs. QYLD - Dividend Comparison

KBA's dividend yield for the trailing twelve months is around 2.19%, less than QYLD's 11.35% yield.


TTM2023202220212020201920182017201620152014
KBA
KraneShares Bosera MSCI China A Share ETF
2.19%2.34%26.65%9.06%0.65%1.53%3.77%1.00%4.90%29.08%0.11%
QYLD
Global X NASDAQ 100 Covered Call ETF
11.35%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

KBA vs. QYLD - Drawdown Comparison

The maximum KBA drawdown since its inception was -53.24%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for KBA and QYLD. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-36.38%
0
KBA
QYLD

Volatility

KBA vs. QYLD - Volatility Comparison

KraneShares Bosera MSCI China A Share ETF (KBA) has a higher volatility of 9.83% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.64%. This indicates that KBA's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.83%
1.64%
KBA
QYLD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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