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

Correlation

The correlation between KGRN and VYM is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

KGRN vs. VYM - Performance Comparison

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

0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
15.37%
7.41%
KGRN
VYM

Key characteristics

Sharpe Ratio

KGRN:

0.19

VYM:

1.70

Sortino Ratio

KGRN:

0.54

VYM:

2.41

Omega Ratio

KGRN:

1.07

VYM:

1.31

Calmar Ratio

KGRN:

0.10

VYM:

3.04

Martin Ratio

KGRN:

0.50

VYM:

10.05

Ulcer Index

KGRN:

13.76%

VYM:

1.81%

Daily Std Dev

KGRN:

36.50%

VYM:

10.73%

Max Drawdown

KGRN:

-66.36%

VYM:

-56.98%

Current Drawdown

KGRN:

-57.30%

VYM:

-5.86%

Returns By Period

In the year-to-date period, KGRN achieves a -1.70% return, which is significantly lower than VYM's 16.02% return.


KGRN

YTD

-1.70%

1M

-0.67%

6M

15.37%

1Y

3.52%

5Y*

5.60%

10Y*

N/A

VYM

YTD

16.02%

1M

-3.00%

6M

7.13%

1Y

18.20%

5Y*

9.48%

10Y*

9.52%

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. VYM - Expense Ratio Comparison

KGRN has a 0.79% expense ratio, which is higher than VYM's 0.06% 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 VYM: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

KGRN vs. VYM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI China Clean Technology Index ETF (KGRN) and Vanguard High Dividend Yield ETF (VYM). 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 market0.002.004.000.191.70
The chart of Sortino ratio for KGRN, currently valued at 0.54, compared to the broader market-2.000.002.004.006.008.0010.000.542.41
The chart of Omega ratio for KGRN, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.31
The chart of Calmar ratio for KGRN, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.103.04
The chart of Martin ratio for KGRN, currently valued at 0.50, compared to the broader market0.0020.0040.0060.0080.00100.000.5010.05
KGRN
VYM

The current KGRN Sharpe Ratio is 0.19, which is lower than the VYM Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of KGRN and VYM, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.19
1.70
KGRN
VYM

Dividends

KGRN vs. VYM - Dividend Comparison

KGRN has not paid dividends to shareholders, while VYM's dividend yield for the trailing twelve months is around 2.00%.


TTM20232022202120202019201820172016201520142013
KGRN
KraneShares MSCI China Clean Technology Index ETF
0.00%0.74%1.60%0.41%0.01%5.88%2.04%0.00%0.00%0.00%0.00%0.00%
VYM
Vanguard High Dividend Yield ETF
2.00%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%2.78%2.81%

Drawdowns

KGRN vs. VYM - Drawdown Comparison

The maximum KGRN drawdown since its inception was -66.36%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for KGRN and VYM. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-57.30%
-5.86%
KGRN
VYM

Volatility

KGRN vs. VYM - Volatility Comparison

KraneShares MSCI China Clean Technology Index ETF (KGRN) has a higher volatility of 10.94% compared to Vanguard High Dividend Yield ETF (VYM) at 3.76%. This indicates that KGRN's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.94%
3.76%
KGRN
VYM
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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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