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KGRN vs. KARS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KGRN and KARS is 0.69, 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.


-0.50.00.51.00.7

Performance

KGRN vs. KARS - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-5.34%
-3.77%
KGRN
KARS

Key characteristics

Sharpe Ratio

KGRN:

0.19

KARS:

-0.40

Sortino Ratio

KGRN:

0.54

KARS:

-0.40

Omega Ratio

KGRN:

1.07

KARS:

0.95

Calmar Ratio

KGRN:

0.10

KARS:

-0.19

Martin Ratio

KGRN:

0.50

KARS:

-0.68

Ulcer Index

KGRN:

13.76%

KARS:

18.46%

Daily Std Dev

KGRN:

36.50%

KARS:

31.05%

Max Drawdown

KGRN:

-66.36%

KARS:

-64.60%

Current Drawdown

KGRN:

-57.30%

KARS:

-57.42%

Returns By Period

In the year-to-date period, KGRN achieves a -1.70% return, which is significantly higher than KARS's -16.23% return.


KGRN

YTD

-1.70%

1M

-0.67%

6M

15.37%

1Y

3.52%

5Y*

5.60%

10Y*

N/A

KARS

YTD

-16.23%

1M

-3.28%

6M

9.79%

1Y

-14.73%

5Y*

0.09%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


KGRN vs. KARS - Expense Ratio Comparison

KGRN has a 0.79% expense ratio, which is higher than KARS's 0.70% expense ratio.


KGRN
KraneShares MSCI China Clean Technology Index ETF
Expense ratio chart for KGRN: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for KARS: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Risk-Adjusted Performance

KGRN vs. KARS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI China Clean Technology Index ETF (KGRN) and KraneShares Electric Vehicles & Future Mobility Index ETF (KARS). 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.


Sharpe ratio
The chart of Sharpe ratio for KGRN, currently valued at 0.19, compared to the broader market0.002.004.000.19-0.40
The chart of Sortino ratio for KGRN, currently valued at 0.54, compared to the broader market-2.000.002.004.006.008.0010.000.54-0.40
The chart of Omega ratio for KGRN, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.070.95
The chart of Calmar ratio for KGRN, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.10-0.19
The chart of Martin ratio for KGRN, currently valued at 0.50, compared to the broader market0.0020.0040.0060.0080.00100.000.50-0.68
KGRN
KARS

The current KGRN Sharpe Ratio is 0.19, which is higher than the KARS Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of KGRN and KARS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
0.19
-0.40
KGRN
KARS

Dividends

KGRN vs. KARS - Dividend Comparison

Neither KGRN nor KARS has paid dividends to shareholders.


TTM202320222021202020192018
KGRN
KraneShares MSCI China Clean Technology Index ETF
0.00%0.74%1.60%0.41%0.01%5.88%2.04%
KARS
KraneShares Electric Vehicles & Future Mobility Index ETF
0.00%0.88%1.13%6.73%0.14%1.85%1.39%

Drawdowns

KGRN vs. KARS - Drawdown Comparison

The maximum KGRN drawdown since its inception was -66.36%, roughly equal to the maximum KARS drawdown of -64.60%. Use the drawdown chart below to compare losses from any high point for KGRN and KARS. For additional features, visit the drawdowns tool.


-65.00%-60.00%-55.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-57.30%
-57.42%
KGRN
KARS

Volatility

KGRN vs. KARS - Volatility Comparison

KraneShares MSCI China Clean Technology Index ETF (KGRN) has a higher volatility of 10.94% compared to KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) at 10.08%. This indicates that KGRN's price experiences larger fluctuations and is considered to be riskier than KARS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.94%
10.08%
KGRN
KARS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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