KEMQ vs. KRBN
KEMQ (KraneShares Emerging Markets Consumer Technology Index ETF) and KRBN (KraneShares Global Carbon ETF) are both exchange-traded funds - KEMQ is a Emerging Markets Equities fund tracking the Solactive Emerging Markets Consumer Technology Index, while KRBN is a Commodities fund tracking the IHS Markit Global Carbon Index. Both are passively managed. Over the past 5 years, KEMQ returned -4.34%/yr vs 6.01%/yr for KRBN. At a 0.14 correlation, their price movements are largely independent. KEMQ charges 0.60%/yr vs 0.79%/yr for KRBN.
Performance
KEMQ vs. KRBN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KEMQ achieves a 1.76% return, which is significantly higher than KRBN's -5.48% return.
KEMQ
- 1D
- -0.74%
- 1M
- -1.91%
- YTD
- 1.76%
- 6M
- 1.71%
- 1Y
- 17.94%
- 3Y*
- 22.81%
- 5Y*
- -4.34%
- 10Y*
- —
KRBN
- 1D
- -0.09%
- 1M
- 1.42%
- YTD
- -5.48%
- 6M
- -5.75%
- 1Y
- 12.82%
- 3Y*
- 0.87%
- 5Y*
- 6.01%
- 10Y*
- —
KEMQ vs. KRBN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF | 1.76% | 56.28% | 13.81% | 0.77% | -38.09% | -27.31% | 19.39% |
KRBN KraneShares Global Carbon ETF | -5.48% | 23.11% | -13.56% | 8.01% | -12.75% | 107.69% | 25.03% |
Correlation
The correlation between KEMQ and KRBN is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.14 |
The correlation between KEMQ and KRBN shifts across timeframes, from 0.13 (5 years) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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
KEMQ vs. KRBN — Risk / Return Rank
KEMQ
KRBN
KEMQ vs. KRBN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) and KraneShares Global Carbon ETF (KRBN). 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.
| KEMQ | KRBN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.13 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 0.52 | +0.31 |
| Martin ratioReturn relative to average drawdown | 2.11 | 1.31 | +0.80 |
Loading charts...
Drawdowns
KEMQ vs. KRBN - Drawdown Comparison
The maximum KEMQ drawdown since its inception was -70.72%, which is greater than KRBN's maximum drawdown of -36.42%. Use the drawdown chart below to compare losses from any high point for KEMQ and KRBN.
Loading charts...
Drawdown Indicators
| KEMQ | KRBN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.72% | -36.42% | -34.30% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -24.98% | +3.04% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -27.34% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -66.02% | -36.42% | -29.60% |
Current DrawdownCurrent decline from peak | -31.65% | -13.84% | -17.81% |
Average DrawdownAverage peak-to-trough decline | -35.64% | -16.12% | -19.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.53% | 9.79% | -1.26% |
Volatility
KEMQ vs. KRBN - Volatility Comparison
KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) has a higher volatility of 11.21% compared to KraneShares Global Carbon ETF (KRBN) at 4.85%. This indicates that KEMQ's price experiences larger fluctuations and is considered to be riskier than KRBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KEMQ | KRBN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.21% | 4.85% | +6.36% |
Volatility (6M)Calculated over the trailing 6-month period | 22.81% | 16.86% | +5.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.14% | 19.17% | +7.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.14% | 28.06% | +4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.66% | 28.54% | +1.12% |
KEMQ vs. KRBN - Expense Ratio Comparison
KEMQ has a 0.60% expense ratio, which is lower than KRBN's 0.79% expense ratio.
Dividends
KEMQ vs. KRBN - Dividend Comparison
KEMQ's dividend yield for the trailing twelve months is around 5.18%, more than KRBN's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF | 5.18% | 5.27% | 0.73% | 0.29% | 0.00% | 0.28% | 2.28% | 1.76% |
KRBN KraneShares Global Carbon ETF | 2.01% | 1.90% | 7.10% | 7.60% | 22.91% | 0.49% | 0.00% | 0.00% |
Frequently Asked Questions
KEMQ and KRBN have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KEMQ has higher volatility (11.21%) compared to KRBN (4.85%). In terms of maximum drawdown, KEMQ dropped -70.72% vs KRBN's -36.42%.
On 5-year performance, KRBN leads with 6.01% vs -4.34% for KEMQ. On fees, KEMQ is cheaper at 0.60% per year. On volatility, KRBN has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, KRBN has performed better with a 6.01% return vs -4.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KEMQ is cheaper with a 0.60% expense ratio, compared with 0.79% for KRBN.
KEMQ has the higher dividend yield at 5.18%, compared with 2.01% for KRBN.
KEMQ is categorized as Emerging Markets Equities, while KRBN is Commodities. KEMQ tracks Solactive Emerging Markets Consumer Technology Index, while KRBN tracks IHS Markit Global Carbon Index. Their fees differ too: 0.60% for KEMQ and 0.79% for KRBN.
KRBN currently has the higher Sharpe Ratio (0.67 vs 0.66), 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.
Find the right allocation for KEMQ and KRBN
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