KHYB vs. YMAG
Compare and contrast key facts about KraneShares Asia Pacific High Income Bond ETF (KHYB) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
KHYB and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.
Performance
KHYB vs. YMAG - Performance Comparison
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KHYB vs. YMAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KHYB KraneShares Asia Pacific High Income Bond ETF | -0.41% | 9.59% | 8.45% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | -8.32% | 18.64% | 36.05% |
Returns By Period
In the year-to-date period, KHYB achieves a -0.41% return, which is significantly higher than YMAG's -8.32% return.
KHYB
- 1D
- 0.42%
- 1M
- -2.32%
- YTD
- -0.41%
- 6M
- 0.91%
- 1Y
- 7.21%
- 3Y*
- 7.25%
- 5Y*
- -0.32%
- 10Y*
- —
YMAG
- 1D
- 0.90%
- 1M
- -3.32%
- YTD
- -8.32%
- 6M
- -5.76%
- 1Y
- 24.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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KHYB vs. YMAG - Expense Ratio Comparison
KHYB has a 0.69% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Return for Risk
KHYB vs. YMAG — Risk / Return Rank
KHYB
YMAG
KHYB vs. YMAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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.
| KHYB | YMAG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 1.11 | +0.42 |
Sortino ratioReturn per unit of downside risk | 2.08 | 1.66 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.23 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.84 | -0.22 |
Martin ratioReturn relative to average drawdown | 6.76 | 6.31 | +0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KHYB | YMAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 1.11 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.93 | -0.72 |
Correlation
The correlation between KHYB and YMAG is 0.39, 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.
Dividends
KHYB vs. YMAG - Dividend Comparison
KHYB's dividend yield for the trailing twelve months is around 8.01%, less than YMAG's 56.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KHYB KraneShares Asia Pacific High Income Bond ETF | 8.01% | 7.59% | 10.11% | 15.55% | 9.67% | 6.22% | 4.76% | 4.86% | 2.56% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 56.30% | 52.27% | 35.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KHYB vs. YMAG - Drawdown Comparison
The maximum KHYB drawdown since its inception was -33.63%, which is greater than YMAG's maximum drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for KHYB and YMAG.
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Drawdown Indicators
| KHYB | YMAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -25.96% | -7.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.29% | -14.38% | +10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -33.01% | — | — |
Current DrawdownCurrent decline from peak | -3.43% | -10.31% | +6.88% |
Average DrawdownAverage peak-to-trough decline | -9.89% | -4.69% | -5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 4.20% | -3.15% |
Volatility
KHYB vs. YMAG - Volatility Comparison
The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 2.25%, while YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a volatility of 7.20%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KHYB | YMAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 7.20% | -4.95% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 12.77% | -10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.73% | 22.27% | -17.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.30% | 21.31% | -15.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.74% | 21.31% | -15.57% |