KCSH vs. CRQ.NEO
KCSH (KraneShares Sustainable Ultra Short Duration Index ETF) and CRQ.NEO (iShares Canadian Fundamental Index ETF) are both exchange-traded funds - KCSH is a Ultrashort Bond fund tracking the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index, while CRQ.NEO is a Canada Equities fund tracking the FTSE RAFI Canada Index. Both are passively managed. Over the past year, KCSH returned 4.06% vs 41.04% for CRQ.NEO. At a 0.01 correlation, their price movements are largely independent. KCSH charges 0.20%/yr vs 0.72%/yr for CRQ.NEO.
Performance
KCSH vs. CRQ.NEO - Performance Comparison
Loading charts...
Different Trading Currencies
KCSH is traded in USD, while CRQ.NEO is traded in CAD. To make them comparable, the CRQ.NEO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KCSH achieves a 1.49% return, which is significantly lower than CRQ.NEO's 14.50% return.
KCSH
- 1D
- 0.02%
- 1M
- 0.32%
- YTD
- 1.49%
- 6M
- 1.83%
- 1Y
- 4.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRQ.NEO
- 1D
- -0.72%
- 1M
- 1.52%
- YTD
- 14.50%
- 6M
- 19.37%
- 1Y
- 41.04%
- 3Y*
- 24.58%
- 5Y*
- 14.34%
- 10Y*
- 12.63%
KCSH vs. CRQ.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KCSH KraneShares Sustainable Ultra Short Duration Index ETF | 1.49% | 4.49% | 1.94% |
CRQ.NEO iShares Canadian Fundamental Index ETF | 14.50% | 38.19% | 5.96% |
Correlation
The correlation between KCSH and CRQ.NEO is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2024 | 0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KCSH vs. CRQ.NEO — Risk / Return Rank
KCSH
CRQ.NEO
KCSH vs. CRQ.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) and iShares Canadian Fundamental Index ETF (CRQ.NEO). 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.
| KCSH | CRQ.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 2.16 | 1.69 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 7.00 | 5.78 | +1.22 |
| Martin ratioReturn relative to average drawdown | 59.08 | 24.43 | +34.65 |
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 charts...
Sharpe Ratios by Period
| KCSH | CRQ.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.30 | 3.57 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.26 | 0.48 | +2.79 |
Drawdowns
KCSH vs. CRQ.NEO - Drawdown Comparison
The maximum KCSH drawdown since its inception was -0.58%, smaller than the maximum CRQ.NEO drawdown of -47.39%. Use the drawdown chart below to compare losses from any high point for KCSH and CRQ.NEO.
Loading charts...
Drawdown Indicators
| KCSH | CRQ.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.58% | -47.39% | +46.81% |
Max Drawdown (1Y)Largest decline over 1 year | -0.58% | -7.13% | +6.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.39% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.86% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -9.86% | +9.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 1.68% | -1.61% |
Volatility
KCSH vs. CRQ.NEO - Volatility Comparison
The current volatility for KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is 0.06%, while iShares Canadian Fundamental Index ETF (CRQ.NEO) has a volatility of 3.14%. This indicates that KCSH experiences smaller price fluctuations and is considered to be less risky than CRQ.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KCSH | CRQ.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.06% | 3.14% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.83% | 9.27% | -8.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 11.56% | -10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.33% | 16.09% | -14.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.33% | 19.79% | -18.46% |
KCSH vs. CRQ.NEO - Expense Ratio Comparison
KCSH has a 0.20% expense ratio, which is lower than CRQ.NEO's 0.72% expense ratio.
Dividends
KCSH vs. CRQ.NEO - Dividend Comparison
KCSH's dividend yield for the trailing twelve months is around 3.97%, more than CRQ.NEO's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRQ.NEO iShares Canadian Fundamental Index ETF | 1.90% | 2.18% | 2.72% | 2.97% | 2.90% | 2.17% | 2.98% | 2.71% | 2.46% | 1.91% | 1.89% | 3.09% |
KCSH KraneShares Sustainable Ultra Short Duration Index ETF | 3.97% | 4.35% | 2.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KCSH and CRQ.NEO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KCSH is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KCSH is cheaper with a 0.20% expense ratio, compared with 0.72% for CRQ.NEO.
KCSH is categorized as Ultrashort Bond, while CRQ.NEO is Canada Equities. KCSH tracks Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index, while CRQ.NEO tracks FTSE RAFI Canada Index. They also come from different issuers: KraneShares and iShares. Their fees differ too: 0.20% for KCSH and 0.72% for CRQ.NEO.
Find the right allocation for KCSH and CRQ.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer