KHYB vs. KOID

Last updated Jun 26, 2026

KHYB (KraneShares Asia Pacific High Income Bond ETF) and KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) are both exchange-traded funds - KHYB is a Emerging Markets Bonds fund tracking the JP Morgan Asia Credit Index Non-Investment Grade Corporate Index., while KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index. Both are passively managed. Over the past year, KHYB returned 9.27% vs 56.54% for KOID. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.69% expense ratio.

Performance

KHYB vs. KOID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Asia Pacific High Income Bond ETF (KHYB) and KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KHYB achieves a 2.60% return, which is significantly lower than KOID's 26.73% return.

KHYB

• 1D: 0.05%
• 1M: 0.46%
• YTD: 2.60%
• 6M: 2.57%
• 1Y: 9.27%
• 3Y*: 8.52%
• 5Y*: 0.19%
• 10Y*: —

KOID

• 1D: 0.70%
• 1M: -6.70%
• YTD: 26.73%
• 6M: 29.83%
• 1Y: 56.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KHYB vs. KOID - Yearly Performance Comparison

	2026 (YTD)	2025
KHYB KraneShares Asia Pacific High Income Bond ETF	2.60%	7.77%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	26.73%	27.04%

Correlation

The correlation between KHYB and KOID is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.41

Return for Risk

KHYB vs. KOID — Risk / Return Rank

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

KHYB

KHYB Risk / Return Rank: 80
KHYB Sharpe Ratio Rank: 91
KHYB Sortino Ratio Rank: 94
KHYB Omega Ratio Rank: 94
KHYB Calmar Ratio Rank: 54
KHYB Martin Ratio Rank: 66

KOID

KOID Risk / Return Rank: 72
KOID Sharpe Ratio Rank: 79
KOID Sortino Ratio Rank: 72
KOID Omega Ratio Rank: 70
KOID Calmar Ratio Rank: 71
KOID Martin Ratio Rank: 65

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.

KHYB vs. KOID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KHYB	KOID	Difference
Sharpe ratio: Return per unit of total volatility	2.71	2.19	+0.52
Sortino ratio: Return per unit of downside risk	4.20	2.84	+1.36
Omega ratio: Gain probability vs. loss probability	1.61	1.36	+0.24
Calmar ratio: Return relative to maximum drawdown	2.34	3.12	-0.78
Martin ratio: Return relative to average drawdown	10.50	10.30	+0.20

KHYB vs. KOID - Sharpe Ratio Comparison

The current KHYB Sharpe Ratio is 2.71, which is comparable to the KOID Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of KHYB and KOID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KHYB vs. KOID - Drawdown Comparison

The maximum KHYB drawdown since its inception was -33.63%, which is greater than KOID's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for KHYB and KOID.

Drawdown Indicators

	KHYB	KOID	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-18.19%	-15.44%
Max Drawdown (1Y) Largest decline over 1 year	-3.97%	-18.19%	+14.22%
Max Drawdown (3Y) Largest decline over 3 years	-5.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.72%	—	—
Current Drawdown Current decline from peak	-0.52%	-6.70%	+6.18%
Average Drawdown Average peak-to-trough decline	-9.64%	-3.44%	-6.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	5.51%	-4.63%

Volatility

KHYB vs. KOID - Volatility Comparison

The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 0.79%, while KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) has a volatility of 10.73%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than KOID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KHYB	KOID	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	10.73%	-9.94%
Volatility (6M) Calculated over the trailing 6-month period	3.08%	21.00%	-17.92%
Volatility (1Y) Calculated over the trailing 1-year period	3.43%	25.96%	-22.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.33%	25.75%	-19.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.70%	25.75%	-20.05%

KHYB vs. KOID - Expense Ratio Comparison

Both KHYB and KOID have an expense ratio of 0.69%.

Dividends

KHYB vs. KOID - Dividend Comparison

KHYB's dividend yield for the trailing twelve months is around 8.13%, more than KOID's 0.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
KHYB KraneShares Asia Pacific High Income Bond ETF	8.13%	7.59%	10.11%	15.55%	9.67%	6.22%	4.76%	4.86%	2.56%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.67%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KHYB and KOID in my portfolio?

KHYB and KOID have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KHYB or KOID?

KOID has higher volatility (10.73%) compared to KHYB (0.79%). In terms of maximum drawdown, KHYB dropped -33.63% vs KOID's -18.19%.

Which ETF is better, KHYB or KOID?

On 1-year performance, KOID leads with 56.54% vs 9.27% for KHYB. Both ETFs have the same 0.69% expense ratio. On volatility, KHYB has been the lower-risk option at 0.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KHYB or KOID?

Over the 1-year period, KOID has performed better with a 56.54% return vs 9.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KHYB or KOID?

KHYB and KOID have the same expense ratio: 0.69% per year.

Which ETF pays a higher dividend yield, KHYB or KOID?

KHYB has the higher dividend yield at 8.13%, compared with 0.67% for KOID.

What is the main difference between KHYB and KOID?

KHYB is categorized as Emerging Markets Bonds, while KOID is Technology Equities. KHYB tracks JP Morgan Asia Credit Index Non-Investment Grade Corporate Index., while KOID tracks MerQube Global Humanoid and Embodied Intelligence Index.

Which has better risk-adjusted returns?

KHYB currently has the higher Sharpe Ratio (2.71 vs 2.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.