KGRN vs. FCA
Compare and contrast key facts about KraneShares MSCI China Clean Technology Index ETF (KGRN) and First Trust China AlphaDEX Fund (FCA).
KGRN and FCA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KGRN is a passively managed fund by CICC that tracks the performance of the MSCI China IMI Environment 10/40 Index. It was launched on Oct 13, 2017. FCA is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX China Index. It was launched on Apr 18, 2011. Both KGRN and FCA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
KGRN vs. FCA - Performance Comparison
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KGRN vs. FCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KGRN KraneShares MSCI China Clean Technology Index ETF | 6.26% | 21.45% | -1.11% | -14.75% | -40.45% | 5.91% | 138.49% | 12.12% | -29.32% | -0.37% |
FCA First Trust China AlphaDEX Fund | 11.25% | 45.20% | 14.07% | -8.28% | -17.61% | -0.65% | 11.80% | 18.72% | -18.30% | -1.90% |
Returns By Period
In the year-to-date period, KGRN achieves a 6.26% return, which is significantly lower than FCA's 11.25% return.
KGRN
- 1D
- 0.23%
- 1M
- 4.75%
- YTD
- 6.26%
- 6M
- -10.52%
- 1Y
- 12.62%
- 3Y*
- 1.14%
- 5Y*
- -6.28%
- 10Y*
- —
FCA
- 1D
- 0.35%
- 1M
- -8.43%
- YTD
- 11.25%
- 6M
- 8.59%
- 1Y
- 53.44%
- 3Y*
- 18.13%
- 5Y*
- 6.02%
- 10Y*
- 9.44%
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KGRN vs. FCA - Expense Ratio Comparison
KGRN has a 0.79% expense ratio, which is lower than FCA's 0.80% expense ratio.
Return for Risk
KGRN vs. FCA — Risk / Return Rank
KGRN
FCA
KGRN vs. FCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI China Clean Technology Index ETF (KGRN) and First Trust China AlphaDEX Fund (FCA). 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.
| KGRN | FCA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 2.05 | -1.59 |
Sortino ratioReturn per unit of downside risk | 0.82 | 2.54 | -1.72 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 3.45 | -2.71 |
Martin ratioReturn relative to average drawdown | 1.37 | 15.39 | -14.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KGRN | FCA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 2.05 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | 0.22 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.13 | -0.04 |
Correlation
The correlation between KGRN and FCA is 0.56, 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.
Dividends
KGRN vs. FCA - Dividend Comparison
KGRN's dividend yield for the trailing twelve months is around 0.80%, less than FCA's 2.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KGRN KraneShares MSCI China Clean Technology Index ETF | 0.80% | 0.85% | 1.49% | 0.74% | 1.98% | 0.41% | 0.01% | 5.88% | 2.04% | 0.00% | 0.00% | 0.00% |
FCA First Trust China AlphaDEX Fund | 2.32% | 2.67% | 5.17% | 5.70% | 6.00% | 4.91% | 4.12% | 3.73% | 3.10% | 2.30% | 2.51% | 4.13% |
Drawdowns
KGRN vs. FCA - Drawdown Comparison
The maximum KGRN drawdown since its inception was -66.24%, which is greater than FCA's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for KGRN and FCA.
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Drawdown Indicators
| KGRN | FCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.24% | -45.56% | -20.68% |
Max Drawdown (1Y)Largest decline over 1 year | -17.26% | -15.81% | -1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -63.60% | -42.47% | -21.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.47% | — |
Current DrawdownCurrent decline from peak | -44.36% | -8.43% | -35.93% |
Average DrawdownAverage peak-to-trough decline | -33.73% | -21.80% | -11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.20% | 3.54% | +5.66% |
Volatility
KGRN vs. FCA - Volatility Comparison
KraneShares MSCI China Clean Technology Index ETF (KGRN) and First Trust China AlphaDEX Fund (FCA) have volatilities of 7.19% and 7.28%, 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.
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Volatility by Period
| KGRN | FCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 7.28% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 16.52% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.60% | 26.17% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.83% | 27.43% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.05% | 26.57% | +6.48% |