KIQQ vs. KHYB
KIQQ (KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF) and KHYB (KraneShares Asia Pacific High Income Bond ETF) are both exchange-traded funds - KIQQ is a Derivative Income fund actively managed by KraneShares, while KHYB is a Emerging Markets Bonds fund tracking the JP Morgan Asia Credit Index Non-Investment Grade Corporate Index.. KIQQ is actively managed, while KHYB is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. KIQQ charges 0.79%/yr vs 0.69%/yr for KHYB.
Performance
KIQQ vs. KHYB - Performance Comparison
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Returns By Period
KIQQ
- 1D
- -1.11%
- 1M
- -2.18%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KHYB
- 1D
- 0.06%
- 1M
- 0.45%
- YTD
- 2.90%
- 6M
- 2.90%
- 1Y
- 8.89%
- 3Y*
- 8.58%
- 5Y*
- 0.30%
- 10Y*
- —
KIQQ vs. KHYB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF | 7.69% |
KHYB KraneShares Asia Pacific High Income Bond ETF | 2.42% |
Correlation
The correlation between KIQQ and KHYB is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026 | 0.55 |
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Return for Risk
KIQQ vs. KHYB — Risk / Return Rank
KIQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KHYB
KIQQ vs. KHYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) and KraneShares Asia Pacific High Income Bond ETF (KHYB). 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.
| KIQQ | KHYB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.58 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.25 | — |
| Martin ratioReturn relative to average drawdown | — | 10.08 | — |
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Drawdowns
KIQQ vs. KHYB - Drawdown Comparison
The maximum KIQQ drawdown since its inception was -8.89%, smaller than the maximum KHYB drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for KIQQ and KHYB.
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Drawdown Indicators
| KIQQ | KHYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.89% | -33.63% | +24.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.97% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.89% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.72% | — |
Current DrawdownCurrent decline from peak | -2.71% | -0.23% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -2.56% | -9.62% | +7.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.88% | — |
Volatility
KIQQ vs. KHYB - Volatility Comparison
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Volatility by Period
| KIQQ | KHYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.08% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.03% | 3.42% | +12.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 6.33% | +9.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.03% | 5.69% | +10.34% |
KIQQ vs. KHYB - Expense Ratio Comparison
KIQQ has a 0.79% expense ratio, which is higher than KHYB's 0.69% expense ratio.
Dividends
KIQQ vs. KHYB - Dividend Comparison
KIQQ's dividend yield for the trailing twelve months is around 4.40%, less than KHYB's 8.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
KHYB KraneShares Asia Pacific High Income Bond ETF | 8.27% | 7.59% | 10.11% | 15.55% | 9.67% | 6.22% | 4.76% | 4.86% | 2.56% |
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF | 4.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KIQQ and KHYB have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KHYB is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KHYB is cheaper with a 0.69% expense ratio, compared with 0.79% for KIQQ.
KHYB has the higher dividend yield at 8.27%, compared with 4.40% for KIQQ.
KIQQ is categorized as Derivative Income, while KHYB is Emerging Markets Bonds. Their fees differ too: 0.79% for KIQQ and 0.69% for KHYB.
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