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

Performance

KHYB vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Asia Pacific High Income Bond ETF (KHYB) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.93%
11.84%
KHYB
VOO

Returns By Period

In the year-to-date period, KHYB achieves a 12.10% return, which is significantly lower than VOO's 25.48% return.


KHYB

YTD

12.10%

1M

0.13%

6M

5.93%

1Y

15.23%

5Y (annualized)

-0.88%

10Y (annualized)

N/A

VOO

YTD

25.48%

1M

0.99%

6M

11.84%

1Y

31.84%

5Y (annualized)

15.62%

10Y (annualized)

13.15%

Key characteristics


KHYBVOO
Sharpe Ratio4.512.69
Sortino Ratio6.793.59
Omega Ratio2.101.50
Calmar Ratio0.733.89
Martin Ratio49.1517.64
Ulcer Index0.32%1.86%
Daily Std Dev3.49%12.20%
Max Drawdown-33.01%-33.99%
Current Drawdown-9.64%-1.40%

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KHYB vs. VOO - Expense Ratio Comparison

KHYB has a 0.69% expense ratio, which is higher than VOO'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 VOO: 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%

Correlation

-0.50.00.51.00.2

The correlation between KHYB and VOO is 0.18, 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. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and Vanguard S&P 500 ETF (VOO). 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 4.51, compared to the broader market0.002.004.006.004.512.69
The chart of Sortino ratio for KHYB, currently valued at 6.79, compared to the broader market-2.000.002.004.006.008.0010.0012.006.793.59
The chart of Omega ratio for KHYB, currently valued at 2.10, compared to the broader market0.501.001.502.002.503.002.101.50
The chart of Calmar ratio for KHYB, currently valued at 0.73, compared to the broader market0.005.0010.0015.000.733.89
The chart of Martin ratio for KHYB, currently valued at 49.15, compared to the broader market0.0020.0040.0060.0080.00100.00120.0049.1517.64
KHYB
VOO

The current KHYB Sharpe Ratio is 4.51, which is higher than the VOO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of KHYB and VOO, 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
4.51
2.69
KHYB
VOO

Dividends

KHYB vs. VOO - Dividend Comparison

KHYB's dividend yield for the trailing twelve months is around 15.47%, more than VOO's 1.25% yield.


TTM20232022202120202019201820172016201520142013
KHYB
KraneShares Asia Pacific High Income Bond ETF
15.47%15.56%9.67%6.22%6.87%4.93%2.56%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.25%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

KHYB vs. VOO - Drawdown Comparison

The maximum KHYB drawdown since its inception was -33.01%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KHYB and VOO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.64%
-1.40%
KHYB
VOO

Volatility

KHYB vs. VOO - Volatility Comparison

The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 0.67%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.67%
4.10%
KHYB
VOO