KLXY vs. PEZ
Compare and contrast key facts about Kraneshares Global Luxury Index ETF (KLXY) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ).
KLXY and PEZ 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. PEZ is a passively managed fund by Invesco that tracks the performance of the DWA Consumer Cyclicals Technical Leaders Index. It was launched on Oct 12, 2006. Both KLXY and PEZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
KLXY vs. PEZ - Performance Comparison
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KLXY vs. PEZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KLXY Kraneshares Global Luxury Index ETF | -0.86% | 13.69% | -6.39% | 2.48% |
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | -6.38% | 5.40% | 20.06% | 19.32% |
Returns By Period
In the year-to-date period, KLXY achieves a -0.86% return, which is significantly higher than PEZ's -6.38% return.
KLXY
- 1D
- 0.00%
- 1M
- -1.10%
- YTD
- -0.86%
- 6M
- 3.14%
- 1Y
- 15.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PEZ
- 1D
- 0.81%
- 1M
- -6.59%
- YTD
- -6.38%
- 6M
- -4.00%
- 1Y
- 12.32%
- 3Y*
- 12.53%
- 5Y*
- 2.22%
- 10Y*
- 8.73%
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KLXY vs. PEZ - Expense Ratio Comparison
KLXY has a 0.69% expense ratio, which is higher than PEZ's 0.60% expense ratio.
Return for Risk
KLXY vs. PEZ — Risk / Return Rank
KLXY
PEZ
KLXY vs. PEZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraneshares Global Luxury Index ETF (KLXY) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ). 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.
| KLXY | PEZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | 0.52 | -0.02 |
Sortino ratioReturn per unit of downside risk | 0.88 | 0.90 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.11 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.63 | 0.84 | -0.21 |
Martin ratioReturn relative to average drawdown | 2.48 | 2.75 | -0.27 |
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
| KLXY | PEZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 0.52 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.09 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.32 | -0.17 |
Correlation
The correlation between KLXY and PEZ is 0.58, 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.
Dividends
KLXY vs. PEZ - Dividend Comparison
KLXY's dividend yield for the trailing twelve months is around 0.85%, more than PEZ's 0.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLXY Kraneshares Global Luxury Index ETF | 0.85% | 0.84% | 0.74% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | 0.22% | 0.11% | 0.12% | 0.60% | 0.43% | 0.23% | 0.39% | 0.01% | 0.40% | 0.42% | 0.83% | 0.64% |
Drawdowns
KLXY vs. PEZ - Drawdown Comparison
The maximum KLXY drawdown since its inception was -26.57%, smaller than the maximum PEZ drawdown of -58.39%. Use the drawdown chart below to compare losses from any high point for KLXY and PEZ.
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Drawdown Indicators
| KLXY | PEZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.57% | -58.39% | +31.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.06% | -15.83% | +1.77% |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.72% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.05% | — |
Current DrawdownCurrent decline from peak | -3.20% | -13.24% | +10.04% |
Average DrawdownAverage peak-to-trough decline | -8.13% | -13.88% | +5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 4.84% | -0.77% |
Volatility
KLXY vs. PEZ - Volatility Comparison
The current volatility for Kraneshares Global Luxury Index ETF (KLXY) is 3.97%, while Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) has a volatility of 8.73%. This indicates that KLXY experiences smaller price fluctuations and is considered to be less risky than PEZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLXY | PEZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 8.73% | -4.76% |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | 16.57% | -3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.28% | 23.73% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 24.97% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 25.00% | -4.20% |