KEMX vs. VOO
Compare and contrast key facts about KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) and Vanguard S&P 500 ETF (VOO).
KEMX and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KEMX is a passively managed fund by CICC that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Apr 12, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both KEMX and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KEMX or VOO.
Key characteristics
| KEMX | VOO | |
|---|---|---|
| YTD Return | 3.82% | 26.88% |
| 1Y Return | 14.69% | 37.59% |
| 3Y Return (Ann) | 0.43% | 10.23% |
| 5Y Return (Ann) | 6.01% | 15.93% |
| Sharpe Ratio | 0.93 | 3.06 |
| Sortino Ratio | 1.32 | 4.08 |
| Omega Ratio | 1.18 | 1.58 |
| Calmar Ratio | 0.92 | 4.43 |
| Martin Ratio | 4.64 | 20.25 |
| Ulcer Index | 3.06% | 1.85% |
| Daily Std Dev | 15.27% | 12.23% |
| Max Drawdown | -38.80% | -33.99% |
| Current Drawdown | -8.05% | -0.30% |
Correlation
The correlation between KEMX and VOO is 0.68, 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.
Performance
KEMX vs. VOO - Performance Comparison
In the year-to-date period, KEMX achieves a 3.82% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KEMX vs. VOO - Expense Ratio Comparison
KEMX has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
KEMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
KEMX vs. VOO - Dividend Comparison
KEMX's dividend yield for the trailing twelve months is around 1.92%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEMX KraneShares MSCI Emerging Markets ex China Index ETF | 1.92% | 2.00% | 4.11% | 4.79% | 1.69% | 2.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
KEMX vs. VOO - Drawdown Comparison
The maximum KEMX drawdown since its inception was -38.80%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KEMX and VOO. For additional features, visit the drawdowns tool.
Volatility
KEMX vs. VOO - Volatility Comparison
KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.79% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.