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

Correlation

The correlation between KHYB and SGOV is 0.06, 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.


-0.50.00.51.00.1

Performance

KHYB vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Asia Pacific High Income Bond ETF (KHYB) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-5.16%
12.39%
KHYB
SGOV

Key characteristics

Sharpe Ratio

KHYB:

2.08

SGOV:

21.80

Sortino Ratio

KHYB:

2.62

SGOV:

517.08

Omega Ratio

KHYB:

1.49

SGOV:

518.08

Calmar Ratio

KHYB:

0.44

SGOV:

530.63

Martin Ratio

KHYB:

16.15

SGOV:

8,423.53

Ulcer Index

KHYB:

0.53%

SGOV:

0.00%

Daily Std Dev

KHYB:

4.14%

SGOV:

0.24%

Max Drawdown

KHYB:

-33.01%

SGOV:

-0.03%

Current Drawdown

KHYB:

-12.69%

SGOV:

0.00%

Returns By Period

In the year-to-date period, KHYB achieves a 8.31% return, which is significantly higher than SGOV's 5.15% return.


KHYB

YTD

8.31%

1M

-3.28%

6M

1.07%

1Y

8.49%

5Y*

-1.56%

10Y*

N/A

SGOV

YTD

5.15%

1M

0.39%

6M

2.53%

1Y

5.25%

5Y*

N/A

10Y*

N/A

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KHYB vs. SGOV - Expense Ratio Comparison

KHYB has a 0.69% expense ratio, which is higher than SGOV's 0.03% expense ratio.


KHYB
KraneShares Asia Pacific High Income Bond ETF
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%
Expense ratio chart for SGOV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

KHYB vs. SGOV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 2.08, compared to the broader market0.002.004.002.0821.80
The chart of Sortino ratio for KHYB, currently valued at 2.62, compared to the broader market-2.000.002.004.006.008.0010.002.62517.08
The chart of Omega ratio for KHYB, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.001.49518.08
The chart of Calmar ratio for KHYB, currently valued at 0.44, compared to the broader market0.005.0010.0015.000.44530.63
The chart of Martin ratio for KHYB, currently valued at 16.15, compared to the broader market0.0020.0040.0060.0080.00100.0016.158,423.53
KHYB
SGOV

The current KHYB Sharpe Ratio is 2.08, which is lower than the SGOV Sharpe Ratio of 21.80. The chart below compares the historical Sharpe Ratios of KHYB and SGOV, 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 Ratio5.0010.0015.0020.00JulyAugustSeptemberOctoberNovemberDecember
2.08
21.80
KHYB
SGOV

Dividends

KHYB vs. SGOV - Dividend Comparison

KHYB's dividend yield for the trailing twelve months is around 8.49%, more than SGOV's 5.11% yield.


TTM202320222021202020192018
KHYB
KraneShares Asia Pacific High Income Bond ETF
8.49%15.56%9.67%6.22%6.87%4.93%2.56%
SGOV
iShares 0-3 Month Treasury Bond ETF
5.11%4.87%1.45%0.03%0.04%0.00%0.00%

Drawdowns

KHYB vs. SGOV - Drawdown Comparison

The maximum KHYB drawdown since its inception was -33.01%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for KHYB and SGOV. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.69%
0
KHYB
SGOV

Volatility

KHYB vs. SGOV - Volatility Comparison

KraneShares Asia Pacific High Income Bond ETF (KHYB) has a higher volatility of 2.37% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that KHYB's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
2.37%
0.06%
KHYB
SGOV
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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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