PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
KLXY vs. LUX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KLXY and LUX is 0.57, 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.

KLXY vs. LUX

Last updated Jun 1, 2025

Compare and contrast key facts about Kraneshares Global Luxury Index ETF (KLXY) and Tema ETF Trust - Tema Luxury ETF (LUX).

KLXY and LUX 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. LUX is an actively managed fund by Tema. It was launched on May 10, 2023.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLXY or LUX.

Performance

KLXY vs. LUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kraneshares Global Luxury Index ETF (KLXY) and Tema ETF Trust - Tema Luxury ETF (LUX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

KLXY:

-0.24

LUX:

-0.23

Sortino Ratio

KLXY:

-0.23

LUX:

-0.23

Omega Ratio

KLXY:

0.97

LUX:

0.97

Calmar Ratio

KLXY:

-0.24

LUX:

-0.19

Martin Ratio

KLXY:

-0.65

LUX:

-0.59

Ulcer Index

KLXY:

9.75%

LUX:

8.48%

Daily Std Dev

KLXY:

24.43%

LUX:

20.45%

Max Drawdown

KLXY:

-26.57%

LUX:

-26.81%

Current Drawdown

KLXY:

-12.77%

LUX:

-12.83%

Returns By Period

In the year-to-date period, KLXY achieves a 0.78% return, which is significantly lower than LUX's 1.45% return.

KLXY

YTD

0.78%

1M

4.85%

6M

4.10%

1Y

-6.71%

3Y*

N/A

5Y*

N/A

10Y*

N/A

LUX

YTD

1.45%

1M

5.62%

6M

2.55%

1Y

-5.35%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Kraneshares Global Luxury Index ETF

Tema ETF Trust - Tema Luxury ETF

KLXY vs. LUX - Expense Ratio Comparison

KLXY has a 0.69% expense ratio, which is lower than LUX's 0.75% expense ratio.

LUX
Tema ETF Trust - Tema Luxury ETF
KLXY
Kraneshares Global Luxury Index ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

KLXY vs. LUX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KLXY
The Risk-Adjusted Performance Rank of KLXY is 88
Overall Rank
The Sharpe Ratio Rank of KLXY is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of KLXY is 88
Sortino Ratio Rank
The Omega Ratio Rank of KLXY is 88
Omega Ratio Rank
The Calmar Ratio Rank of KLXY is 66
Calmar Ratio Rank
The Martin Ratio Rank of KLXY is 88
Martin Ratio Rank
LUX
The Risk-Adjusted Performance Rank of LUX is 88
Overall Rank
The Sharpe Ratio Rank of LUX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of LUX is 88
Sortino Ratio Rank
The Omega Ratio Rank of LUX is 88
Omega Ratio Rank
The Calmar Ratio Rank of LUX is 88
Calmar Ratio Rank
The Martin Ratio Rank of LUX is 88
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KLXY vs. LUX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kraneshares Global Luxury Index ETF (KLXY) and Tema ETF Trust - Tema Luxury ETF (LUX). 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.

The current KLXY Sharpe Ratio is -0.24, which is comparable to the LUX Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of KLXY and LUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

KLXY vs. LUX - Dividend Comparison

KLXY's dividend yield for the trailing twelve months is around 0.74%, less than LUX's 2.79% yield.

TTM20242023
KLXY
Kraneshares Global Luxury Index ETF		0.74%0.74%0.15%
LUX
Tema ETF Trust - Tema Luxury ETF		2.79%2.83%0.71%

Drawdowns

KLXY vs. LUX - Drawdown Comparison

The maximum KLXY drawdown since its inception was -26.57%, roughly equal to the maximum LUX drawdown of -26.81%. Use the drawdown chart below to compare losses from any high point for KLXY and LUX.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

KLXY vs. LUX - Volatility Comparison

Kraneshares Global Luxury Index ETF (KLXY) has a higher volatility of 6.56% compared to Tema ETF Trust - Tema Luxury ETF (LUX) at 5.39%. This indicates that KLXY's price experiences larger fluctuations and is considered to be riskier than LUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...