KBAB vs. KARS
KBAB (KraneShares 2x Long BABA Daily ETF) and KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) are both exchange-traded funds - KBAB is a Leveraged Equities fund actively managed by KraneShares, while KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index. KBAB is actively managed, while KARS is passively managed. Over the past year, KBAB returned -16.96% vs 25.51% for KARS. Their 0.52 correlation means they have sometimes moved together and sometimes differently. KBAB charges 1.00%/yr vs 0.72%/yr for KARS.
Performance
KBAB vs. KARS - Performance Comparison
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Returns By Period
In the year-to-date period, KBAB achieves a -39.99% return, which is significantly lower than KARS's -3.13% return.
KBAB
- 1D
- 10.58%
- 1M
- 57.00%
- 6M
- -53.74%
- YTD
- -39.99%
- 1Y
- -16.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.14%
KARS
- 1D
- -0.95%
- 1M
- -5.58%
- 6M
- -5.36%
- YTD
- -3.13%
- 1Y
- 25.51%
- 3Y*
- -3.57%
- 5Y*
- -7.36%
- 10Y*
- —
- ALL TIME*
- 3.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $357.33K | $457.30K | $1.09M | |
| $69.43K | $174.57K | $194.23K |
KBAB vs. KARS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KBAB KraneShares 2x Long BABA Daily ETF | -39.99% | -6.56% |
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.13% | 36.60% |
Correlation
The correlation between KBAB and KARS is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.52 |
The correlation between KBAB and KARS has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.
KBAB vs. KARS - Sectors Allocation Comparison
Sectors
KBAB
KARS
Consumer Cyclical
Basic Materials
-
Communication Services
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
-
Healthcare
-
-
Industrials
-
Real Estate
-
-
Technology
-
Utilities
-
-
Consumer Cyclical
KBAB
KARS
Basic Materials
KBAB
-
KARS
Communication Services
KBAB
-
KARS
-
Consumer Defensive
KBAB
-
KARS
-
Energy
KBAB
-
KARS
-
Financial Services
KBAB
-
KARS
-
Healthcare
KBAB
-
KARS
-
Industrials
KBAB
-
KARS
Real Estate
KBAB
-
KARS
-
Technology
KBAB
-
KARS
Utilities
KBAB
-
KARS
-
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Return for Risk
KBAB vs. KARS — Risk / Return Rank
KBAB
KARS
KBAB vs. KARS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2x Long BABA Daily ETF (KBAB) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KBAB | KARS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.02 | -1.29 |
| Martin ratioReturn relative to average drawdown | -0.47 | 3.12 | -3.60 |
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Drawdowns
KBAB vs. KARS - Drawdown Comparison
The maximum KBAB drawdown since its inception was -78.98%, which is greater than KARS's maximum drawdown of -64.85%. Use the drawdown chart below to compare losses from any high point for KBAB and KARS.
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Drawdown Indicators
| KBAB | KARS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.98% | -64.85% | -14.13% |
Max Drawdown (1Y)Largest decline over 1 year | -78.98% | -24.94% | -54.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -64.85% | — |
Current DrawdownCurrent decline from peak | -66.20% | -40.95% | -25.25% |
Average DrawdownAverage peak-to-trough decline | -41.21% | -28.48% | -12.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.15% | 8.11% | +38.04% |
Volatility
KBAB vs. KARS - Volatility Comparison
KraneShares 2x Long BABA Daily ETF (KBAB) has a higher volatility of 27.65% compared to KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) at 8.37%. This indicates that KBAB's price experiences larger fluctuations and is considered to be riskier than KARS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KBAB | KARS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.65% | 8.37% | +19.28% |
Volatility (6M)Calculated over the trailing 6-month period | 57.86% | 22.26% | +35.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.35% | 28.30% | +62.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.76% | 30.00% | +60.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.76% | 29.40% | +61.36% |
KBAB vs. KARS - Expense Ratio Comparison
KBAB has a 1.00% expense ratio, which is higher than KARS's 0.72% expense ratio.
Dividends
KBAB vs. KARS - Dividend Comparison
KBAB's dividend yield for the trailing twelve months is around 99.78%, more than KARS's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 0.19% | 0.18% | 0.78% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.38% |
KBAB KraneShares 2x Long BABA Daily ETF | 99.78% | 59.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KBAB and KARS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBAB has higher volatility (27.65%) compared to KARS (8.37%). In terms of maximum drawdown, KBAB dropped -78.98% vs KARS's -64.85%.
On 1-year performance, KARS leads with 25.51% vs -16.96% for KBAB. On fees, KARS is cheaper at 0.72% per year. On volatility, KARS has been the lower-risk option at 8.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KARS has performed better with a 25.51% return vs -16.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KARS is cheaper with a 0.72% expense ratio, compared with 1.00% for KBAB.
KBAB has the higher dividend yield at 99.78%, compared with 0.19% for KARS.
KBAB is categorized as Leveraged Equities, while KARS is Industrials Equities. Their fees differ too: 1.00% for KBAB and 0.72% for KARS.
KARS currently has the higher Sharpe Ratio (0.90 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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