KLXY vs. KEUA
KLXY (Kraneshares Global Luxury Index ETF) and KEUA (KraneShares European Carbon Allowance Strategy ETF) are both exchange-traded funds - KLXY is a Consumer Discretionary Equities fund tracking the Solactive Global Luxury Index - Benchmark TR Net, while KEUA is a Commodities fund tracking the S&P Carbon Credit EUA Index. Both are passively managed. At a 0.13 correlation, their price movements are largely independent. KLXY charges 0.69%/yr vs 0.87%/yr for KEUA.
Performance
KLXY vs. KEUA - Performance Comparison
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Returns By Period
KLXY
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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KEUA
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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KLXY vs. KEUA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KLXY Kraneshares Global Luxury Index ETF | -0.86% | 13.69% | -6.39% | 2.48% |
KEUA KraneShares European Carbon Allowance Strategy ETF | -19.02% | 32.81% | -14.52% | -3.07% |
Correlation
The correlation between KLXY and KEUA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2023 | 0.13 |
The correlation between KLXY and KEUA shifts across timeframes, from 0.13 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
KLXY vs. KEUA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraneshares Global Luxury Index ETF (KLXY) and KraneShares European Carbon Allowance Strategy ETF (KEUA). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
KLXY vs. KEUA - Drawdown Comparison
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Volatility
KLXY vs. KEUA - Volatility Comparison
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KLXY vs. KEUA - Expense Ratio Comparison
KLXY has a 0.69% expense ratio, which is lower than KEUA's 0.87% expense ratio.
Dividends
KLXY vs. KEUA - Dividend Comparison
KLXY's dividend yield for the trailing twelve months is around 0.85%, less than KEUA's 2.83% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
KEUA KraneShares European Carbon Allowance Strategy ETF | 2.83% | 2.29% | 7.71% | 5.67% |
KLXY Kraneshares Global Luxury Index ETF | 0.85% | 0.84% | 0.74% | 0.15% |
Frequently Asked Questions
KLXY and KEUA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KLXY is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KLXY is cheaper with a 0.69% expense ratio, compared with 0.87% for KEUA.
KEUA has the higher dividend yield at 2.83%, compared with 0.85% for KLXY.
KLXY is categorized as Consumer Discretionary Equities, while KEUA is Commodities. KLXY tracks Solactive Global Luxury Index - Benchmark TR Net, while KEUA tracks S&P Carbon Credit EUA Index. Their fees differ too: 0.69% for KLXY and 0.87% for KEUA.
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