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KGRN vs. DRAG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

KGRN vs. DRAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares MSCI China Clean Technology Index ETF (KGRN) and Roundhill China Dragons ETF (DRAG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


KGRN

1D
-0.84%
1M
-6.12%
YTD
0.04%
6M
-2.21%
1Y
4.70%
3Y*
2.68%
5Y*
-7.84%
10Y*

DRAG

1D
0.00%
1M
0.00%
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

KGRN vs. DRAG - Yearly Performance Comparison


KGRN vs. DRAG - Sectors Allocation Comparison


Sectors
KGRN
DRAG

Consumer Cyclical

36.8%
72.4%

Industrials

26.5%

-

Utilities

21.2%

-

Technology

11.6%
10.2%

Energy

3.6%

-

Basic Materials

-

-

Communication Services

-

17.3%

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

-

Consumer Cyclical

KGRN
36.8%
DRAG
72.4%

Industrials

KGRN
26.5%
DRAG

-

Utilities

KGRN
21.2%
DRAG

-

Technology

KGRN
11.6%
DRAG
10.2%

Energy

KGRN
3.6%
DRAG

-

Basic Materials

KGRN

-

DRAG

-

Communication Services

KGRN

-

DRAG
17.3%

Consumer Defensive

KGRN

-

DRAG

-

Financial Services

KGRN

-

DRAG

-

Healthcare

KGRN

-

DRAG

-

Real Estate

KGRN

-

DRAG

-

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Return for Risk

KGRN vs. DRAG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KGRN
KGRN Risk / Return Rank: 1212
Overall Rank
KGRN Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
KGRN Sortino Ratio Rank: 1313
Sortino Ratio Rank
KGRN Omega Ratio Rank: 1212
Omega Ratio Rank
KGRN Calmar Ratio Rank: 1212
Calmar Ratio Rank
KGRN Martin Ratio Rank: 1111
Martin Ratio Rank

DRAG
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KGRN vs. DRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI China Clean Technology Index ETF (KGRN) and Roundhill China Dragons ETF (DRAG). 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.


KGRNDRAGDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.05

Calmar ratioReturn relative to maximum drawdown

0.27

Martin ratioReturn relative to average drawdown

0.46

KGRN vs. DRAG - Sharpe Ratio Comparison


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Sharpe Ratios by Period


KGRNDRAGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

Drawdowns

KGRN vs. DRAG - Drawdown Comparison

The maximum KGRN drawdown since its inception was -66.24%, which is greater than DRAG's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for KGRN and DRAG.


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Drawdown Indicators


KGRNDRAGDifference

Max Drawdown

Largest peak-to-trough decline

-66.24%

0.00%

-66.24%

Max Drawdown (1Y)

Largest decline over 1 year

-17.26%

Max Drawdown (3Y)

Largest decline over 3 years

-42.19%

Max Drawdown (5Y)

Largest decline over 5 years

-63.60%

Current Drawdown

Current decline from peak

-47.62%

0.00%

-47.62%

Average Drawdown

Average peak-to-trough decline

-33.96%

0.00%

-33.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.13%

Volatility

KGRN vs. DRAG - Volatility Comparison


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Volatility by Period


KGRNDRAGDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.36%

Volatility (6M)

Calculated over the trailing 6-month period

15.12%

Volatility (1Y)

Calculated over the trailing 1-year period

23.05%

0.00%

+23.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.75%

0.00%

+34.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.86%

0.00%

+32.86%

KGRN vs. DRAG - Expense Ratio Comparison

KGRN has a 0.79% expense ratio, which is higher than DRAG's 0.59% expense ratio.


Dividends

KGRN vs. DRAG - Dividend Comparison

KGRN's dividend yield for the trailing twelve months is around 0.85%, while DRAG has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018
DRAG
Roundhill China Dragons ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
KGRN
KraneShares MSCI China Clean Technology Index ETF
0.85%0.85%1.49%0.74%1.98%0.41%0.01%5.88%2.04%

Frequently Asked Questions


On fees, DRAG is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DRAG is cheaper with a 0.59% expense ratio, compared with 0.79% for KGRN.

KGRN has the higher dividend yield at 0.85%, compared with 0.00% for DRAG.

They also come from different issuers: CICC and Roundhill. Their fees differ too: 0.79% for KGRN and 0.59% for DRAG.

Portfolio Optimizer

Find the right allocation for KGRN and DRAG

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