KHYB vs. GAIN
Compare and contrast key facts about KraneShares Asia Pacific High Income Bond ETF (KHYB) and Gladstone Investment Corporation (GAIN).
KHYB is a passively managed fund by KraneShares that tracks the performance of the JP Morgan Asia Credit Index Non-Investment Grade Corporate Index.. It was launched on Jun 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KHYB or GAIN.
Correlation
The correlation between KHYB and GAIN is 0.08, 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.
Performance
KHYB vs. GAIN - Performance Comparison
Key characteristics
KHYB:
0.71
GAIN:
0.11
KHYB:
0.92
GAIN:
0.33
KHYB:
1.16
GAIN:
1.04
KHYB:
0.21
GAIN:
0.17
KHYB:
3.67
GAIN:
0.56
KHYB:
0.95%
GAIN:
4.55%
KHYB:
4.92%
GAIN:
22.85%
KHYB:
-33.63%
GAIN:
-80.88%
KHYB:
-13.55%
GAIN:
-8.02%
Returns By Period
In the year-to-date period, KHYB achieves a -2.29% return, which is significantly higher than GAIN's -2.44% return.
KHYB
-2.29%
-4.09%
-3.03%
3.89%
-0.67%
N/A
GAIN
-2.44%
-2.33%
-2.90%
1.25%
18.32%
16.51%
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Risk-Adjusted Performance
KHYB vs. GAIN — Risk-Adjusted Performance Rank
KHYB
GAIN
KHYB vs. GAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and Gladstone Investment Corporation (GAIN). 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
KHYB vs. GAIN - Dividend Comparison
KHYB's dividend yield for the trailing twelve months is around 10.65%, less than GAIN's 13.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KHYB KraneShares Asia Pacific High Income Bond ETF | 10.65% | 10.11% | 15.56% | 9.67% | 6.22% | 4.76% | 4.93% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% |
GAIN Gladstone Investment Corporation | 13.07% | 12.53% | 17.24% | 9.88% | 6.06% | 9.22% | 7.74% | 9.88% | 7.94% | 8.87% | 9.68% | 11.00% |
Drawdowns
KHYB vs. GAIN - Drawdown Comparison
The maximum KHYB drawdown since its inception was -33.63%, smaller than the maximum GAIN drawdown of -80.88%. Use the drawdown chart below to compare losses from any high point for KHYB and GAIN. For additional features, visit the drawdowns tool.
Volatility
KHYB vs. GAIN - Volatility Comparison
The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 3.13%, while Gladstone Investment Corporation (GAIN) has a volatility of 14.51%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than GAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.