KLXY vs. BAMV
Compare and contrast key facts about Kraneshares Global Luxury Index ETF (KLXY) and Brookstone Value Stock ETF (BAMV).
KLXY and BAMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KLXY is a passively managed fund by KraneShares that tracks the performance of the Solactive Global Luxury Index - Benchmark TR Net. It was launched on Sep 6, 2023. BAMV is an actively managed fund by Brookstone. It was launched on Sep 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLXY or BAMV.
Correlation
The correlation between KLXY and BAMV is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KLXY vs. BAMV - Performance Comparison
Key characteristics
KLXY:
0.34
BAMV:
1.59
KLXY:
0.64
BAMV:
2.26
KLXY:
1.08
BAMV:
1.29
KLXY:
0.31
BAMV:
2.67
KLXY:
0.55
BAMV:
7.16
KLXY:
11.45%
BAMV:
2.52%
KLXY:
18.84%
BAMV:
11.32%
KLXY:
-20.33%
BAMV:
-6.75%
KLXY:
-7.61%
BAMV:
-2.30%
Returns By Period
In the year-to-date period, KLXY achieves a 6.73% return, which is significantly higher than BAMV's 3.57% return.
KLXY
6.73%
6.36%
6.51%
6.89%
N/A
N/A
BAMV
3.57%
3.10%
9.25%
16.46%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KLXY vs. BAMV - Expense Ratio Comparison
KLXY has a 0.69% expense ratio, which is lower than BAMV's 0.95% expense ratio.
Risk-Adjusted Performance
KLXY vs. BAMV — Risk-Adjusted Performance Rank
KLXY
BAMV
KLXY vs. BAMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraneshares Global Luxury Index ETF (KLXY) and Brookstone Value Stock ETF (BAMV). 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.
Dividends
KLXY vs. BAMV - Dividend Comparison
KLXY's dividend yield for the trailing twelve months is around 0.70%, less than BAMV's 3.54% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
KLXY Kraneshares Global Luxury Index ETF | 0.70% | 0.74% | 0.15% |
BAMV Brookstone Value Stock ETF | 3.54% | 3.66% | 0.19% |
Drawdowns
KLXY vs. BAMV - Drawdown Comparison
The maximum KLXY drawdown since its inception was -20.33%, which is greater than BAMV's maximum drawdown of -6.75%. Use the drawdown chart below to compare losses from any high point for KLXY and BAMV. For additional features, visit the drawdowns tool.
Volatility
KLXY vs. BAMV - Volatility Comparison
Kraneshares Global Luxury Index ETF (KLXY) has a higher volatility of 6.71% compared to Brookstone Value Stock ETF (BAMV) at 4.17%. This indicates that KLXY's price experiences larger fluctuations and is considered to be riskier than BAMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.