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KHYB vs. RTAI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KHYB vs. RTAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Asia Pacific High Income Bond ETF (KHYB) and Rareview Tax Advantaged Income ETF (RTAI). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
5.97%
8.33%
KHYB
RTAI

Returns By Period

In the year-to-date period, KHYB achieves a 11.99% return, which is significantly higher than RTAI's 9.41% return.


KHYB

YTD

11.99%

1M

0.10%

6M

5.97%

1Y

14.66%

5Y (annualized)

-0.90%

10Y (annualized)

N/A

RTAI

YTD

9.41%

1M

-1.99%

6M

8.33%

1Y

16.44%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


KHYBRTAI
Sharpe Ratio4.352.13
Sortino Ratio6.533.10
Omega Ratio2.051.39
Calmar Ratio0.710.68
Martin Ratio47.0510.47
Ulcer Index0.32%1.63%
Daily Std Dev3.47%8.02%
Max Drawdown-33.01%-34.32%
Current Drawdown-9.73%-12.81%

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KHYB vs. RTAI - Expense Ratio Comparison

KHYB has a 0.69% expense ratio, which is lower than RTAI's 3.78% expense ratio.


RTAI
Rareview Tax Advantaged Income ETF
Expense ratio chart for RTAI: current value at 3.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%3.78%
Expense ratio chart for KHYB: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Correlation

-0.50.00.51.00.2

The correlation between KHYB and RTAI is 0.20, 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.

Risk-Adjusted Performance

KHYB vs. RTAI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and Rareview Tax Advantaged Income ETF (RTAI). 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 KHYB, currently valued at 4.35, compared to the broader market0.002.004.006.004.352.13
The chart of Sortino ratio for KHYB, currently valued at 6.53, compared to the broader market-2.000.002.004.006.008.0010.0012.006.533.10
The chart of Omega ratio for KHYB, currently valued at 2.05, compared to the broader market0.501.001.502.002.503.002.051.39
The chart of Calmar ratio for KHYB, currently valued at 0.71, compared to the broader market0.005.0010.0015.000.710.68
The chart of Martin ratio for KHYB, currently valued at 47.05, compared to the broader market0.0020.0040.0060.0080.00100.0047.0510.47
KHYB
RTAI

The current KHYB Sharpe Ratio is 4.35, which is higher than the RTAI Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of KHYB and RTAI, 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 Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.35
2.13
KHYB
RTAI

Dividends

KHYB vs. RTAI - Dividend Comparison

KHYB's dividend yield for the trailing twelve months is around 15.43%, more than RTAI's 4.67% yield.


TTM202320222021202020192018
KHYB
KraneShares Asia Pacific High Income Bond ETF
15.43%15.56%9.67%6.22%6.87%4.93%2.56%
RTAI
Rareview Tax Advantaged Income ETF
4.67%3.06%3.71%4.73%0.47%0.00%0.00%

Drawdowns

KHYB vs. RTAI - Drawdown Comparison

The maximum KHYB drawdown since its inception was -33.01%, roughly equal to the maximum RTAI drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for KHYB and RTAI. For additional features, visit the drawdowns tool.


-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-9.73%
-12.81%
KHYB
RTAI

Volatility

KHYB vs. RTAI - Volatility Comparison

The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 0.68%, while Rareview Tax Advantaged Income ETF (RTAI) has a volatility of 3.00%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than RTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%JuneJulyAugustSeptemberOctoberNovember
0.68%
3.00%
KHYB
RTAI