Correlation
The correlation between KEM and EDIV is 0.45, 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.
KEM vs. EDIV
Compare and contrast key facts about KraneShares Dynamic Emerging Markets Strategy ETF (KEM) and SPDR S&P Emerging Markets Dividend ETF (EDIV).
KEM and EDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KEM is an actively managed fund by KraneShares. It was launched on Aug 24, 2023. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KEM or EDIV.
Performance
KEM vs. EDIV - Performance Comparison
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Key characteristics
KEM:
0.32
EDIV:
0.86
KEM:
0.61
EDIV:
1.10
KEM:
1.09
EDIV:
1.15
KEM:
0.31
EDIV:
0.73
KEM:
0.64
EDIV:
1.97
KEM:
11.66%
EDIV:
5.15%
KEM:
24.21%
EDIV:
13.93%
KEM:
-23.78%
EDIV:
-53.35%
KEM:
-12.67%
EDIV:
-1.26%
Returns By Period
In the year-to-date period, KEM achieves a 5.31% return, which is significantly lower than EDIV's 7.72% return.
KEM
5.31%
1.17%
4.64%
10.05%
N/A
N/A
N/A
EDIV
7.72%
3.77%
7.94%
12.58%
16.03%
13.70%
5.15%
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KEM vs. EDIV - Expense Ratio Comparison
Both KEM and EDIV have an expense ratio of 0.49%.
Risk-Adjusted Performance
KEM vs. EDIV — Risk-Adjusted Performance Rank
KEM
EDIV
KEM vs. EDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Dynamic Emerging Markets Strategy ETF (KEM) and SPDR S&P Emerging Markets Dividend ETF (EDIV). 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
KEM vs. EDIV - Dividend Comparison
KEM's dividend yield for the trailing twelve months is around 2.53%, less than EDIV's 3.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEM KraneShares Dynamic Emerging Markets Strategy ETF | 2.53% | 2.66% | 2.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 3.98% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% |
Drawdowns
KEM vs. EDIV - Drawdown Comparison
The maximum KEM drawdown since its inception was -23.78%, smaller than the maximum EDIV drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for KEM and EDIV.
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Volatility
KEM vs. EDIV - Volatility Comparison
KraneShares Dynamic Emerging Markets Strategy ETF (KEM) has a higher volatility of 3.50% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 3.16%. This indicates that KEM's price experiences larger fluctuations and is considered to be riskier than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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