KLXY vs. USLUX

Last updated Jun 3, 2026

KLXY (Kraneshares Global Luxury Index ETF) and USLUX (U.S. Global Investors Global Luxury Goods Fund) are both Consumer Discretionary Equities funds. A 0.80 correlation means they provide meaningful diversification when combined. KLXY charges 0.69%/yr vs 1.55%/yr for USLUX.

Performance

KLXY vs. USLUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kraneshares Global Luxury Index ETF (KLXY) and U.S. Global Investors Global Luxury Goods Fund (USLUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USLUX

• 1D: -0.57%
• 1M: 3.89%
• YTD: -4.45%
• 6M: -0.30%
• 1Y: 6.10%
• 3Y*: 10.00%
• 5Y*: 5.84%
• 10Y*: 9.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KLXY vs. USLUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KLXY Kraneshares Global Luxury Index ETF	-0.86%	13.69%	-6.39%	2.48%
USLUX U.S. Global Investors Global Luxury Goods Fund	-4.45%	17.87%	14.26%	8.13%

Correlation

The correlation between KLXY and USLUX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 8, 2023	0.80

The correlation between KLXY and USLUX has been stable across timeframes, ranging from 0.71 to 0.80 - a consistent structural relationship.

Return for Risk

KLXY vs. USLUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USLUX

USLUX Risk / Return Rank: 5
USLUX Sharpe Ratio Rank: 5
USLUX Sortino Ratio Rank: 5
USLUX Omega Ratio Rank: 5
USLUX Calmar Ratio Rank: 5
USLUX Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KLXY vs. USLUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kraneshares Global Luxury Index ETF (KLXY) and U.S. Global Investors Global Luxury Goods Fund (USLUX). 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.

Sharpe Ratios by Period

	KLXY	USLUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.19	—

Drawdowns

Drawdown Indicators

	KLXY	USLUX	Difference
Max Drawdown Largest peak-to-trough decline	—	-77.61%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.51%	—
Current Drawdown Current decline from peak	—	-6.88%	—
Average Drawdown Average peak-to-trough decline	—	-42.10%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.53%	—

Volatility

Volatility by Period

	KLXY	USLUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.22%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.88%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.68%	—

KLXY vs. USLUX - Expense Ratio Comparison

KLXY has a 0.69% expense ratio, which is lower than USLUX's 1.55% expense ratio.

Dividends

KLXY vs. USLUX - Dividend Comparison

KLXY's dividend yield for the trailing twelve months is around 0.85%, less than USLUX's 8.25% yield.

Position	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%
USLUX U.S. Global Investors Global Luxury Goods Fund	8.25%	7.88%	9.94%	2.71%	6.40%	15.37%	0.12%	2.31%	16.18%	13.87%	8.35%	8.01%

Frequently Asked Questions

Can I hold both KLXY and USLUX in my portfolio?

KLXY and USLUX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.