KNCT vs. KOID

Last updated Aug 2, 2026

KNCT (Invesco Next Gen Connectivity ETF) and KOID (KraneShares Global Humanoid Robotics and Physical AI Index ETF) are both Technology Equities funds - KNCT tracks the STOXX World AC NexGen Connectivity Index while KOID tracks the MerQube Global Humanoid Robotics and Physical AI Index. Both are passively managed. Over the past year, KNCT returned 63.92% vs 38.95% for KOID. Their 0.73 correlation means they have sometimes moved together and sometimes differently. KNCT charges 0.40%/yr vs 0.79%/yr for KOID.

Performance

KNCT vs. KOID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Next Gen Connectivity ETF (KNCT) and KraneShares Global Humanoid Robotics and Physical AI Index ETF (KOID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNCT achieves a 40.12% return, which is significantly higher than KOID's 14.89% return.

KNCT

• 1D: 0.08%
• 1M: -4.96%
• 6M: 31.73%
• YTD: 40.12%
• 1Y: 63.92%
• 3Y*: 33.13%
• 5Y*: 16.31%
• 10Y*: 18.83%
• ALL TIME*: 13.22%

KOID

• 1D: 0.85%
• 1M: -9.05%
• 6M: 8.58%
• YTD: 14.89%
• 1Y: 38.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 38.83%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KNCT Invesco Next Gen Connectivity ETF	$741.37K	$822.66K	$837.91K
KOID KraneShares Global Humanoid Robotics and Physical AI Index ETF	$4.85M	$7.23M	$7.43M

KNCT vs. KOID - Yearly Performance Comparison

	2026 (YTD)	2025
KNCT Invesco Next Gen Connectivity ETF	40.12%	21.37%
KOID KraneShares Global Humanoid Robotics and Physical AI Index ETF	14.89%	27.04%

Correlation

The correlation between KNCT and KOID is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.73

The correlation between KNCT and KOID has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.

KNCT vs. KOID - Sectors Allocation Comparison

Sectors	KNCT	KOID
Technology	86.3%	43.5%
Communication Services	10.0%	-
Real Estate	3.0%	-
Industrials	0.7%	37.0%
Financial Services	0.2%	-
Basic Materials	-	4.8%
Consumer Cyclical	-	14.8%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

KNCT vs. KOID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KNCT

KNCT Risk / Return Rank: 87
KNCT Sharpe Ratio Rank: 90
KNCT Sortino Ratio Rank: 85
KNCT Omega Ratio Rank: 86
KNCT Calmar Ratio Rank: 85
KNCT Martin Ratio Rank: 88

KOID

KOID Risk / Return Rank: 53
KOID Sharpe Ratio Rank: 55
KOID Sortino Ratio Rank: 54
KOID Omega Ratio Rank: 52
KOID Calmar Ratio Rank: 54
KOID Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KNCT vs. KOID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Connectivity ETF (KNCT) and KraneShares Global Humanoid Robotics and Physical AI Index ETF (KOID). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KNCT	KOID	Difference
Sharpe ratio: Return per unit of total volatility	2.27	1.33	+0.94
Sortino ratio: Return per unit of downside risk	2.82	1.89	+0.93
Omega ratio: Gain probability vs. loss probability	1.38	1.23	+0.15
Calmar ratio: Return relative to maximum drawdown	3.31	1.93	+1.38
Martin ratio: Return relative to average drawdown	13.33	5.58	+7.76

KNCT vs. KOID - Sharpe Ratio Comparison

The current KNCT Sharpe Ratio is 2.27, which is higher than the KOID Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of KNCT and KOID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KNCT vs. KOID - Drawdown Comparison

The maximum KNCT drawdown since its inception was -57.18%, which is greater than KOID's maximum drawdown of -19.63%. Use the drawdown chart below to compare losses from any high point for KNCT and KOID.

Drawdown Indicators

	KNCT	KOID	Difference
Max Drawdown Largest peak-to-trough decline	-57.18%	-19.63%	-37.55%
Max Drawdown (1Y) Largest decline over 1 year	-18.91%	-19.63%	+0.72%
Max Drawdown (3Y) Largest decline over 3 years	-21.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.55%	—	—
Current Drawdown Current decline from peak	-14.80%	-15.42%	+0.62%
Average Drawdown Average peak-to-trough decline	-10.73%	-4.16%	-6.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	6.78%	-2.10%

Volatility

KNCT vs. KOID - Volatility Comparison

Invesco Next Gen Connectivity ETF (KNCT) and KraneShares Global Humanoid Robotics and Physical AI Index ETF (KOID) have volatilities of 11.26% and 11.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNCT	KOID	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.26%	11.09%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	24.68%	24.03%	+0.65%
Volatility (1Y) Calculated over the trailing 1-year period	27.67%	28.48%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.48%	27.36%	-2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.55%	27.36%	-3.81%

KNCT vs. KOID - Expense Ratio Comparison

KNCT has a 0.40% expense ratio, which is lower than KOID's 0.79% expense ratio.

Dividends

KNCT vs. KOID - Dividend Comparison

KNCT's dividend yield for the trailing twelve months is around 0.68%, less than KOID's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
KNCT Invesco Next Gen Connectivity ETF	0.68%	0.86%	1.38%	0.60%	2.24%	0.55%	0.18%	0.44%	1.22%	0.66%	0.44%
KOID KraneShares Global Humanoid Robotics and Physical AI Index ETF	0.74%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KNCT and KOID in my portfolio?

KNCT and KOID have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNCT or KOID?

KNCT has higher volatility (11.26%) compared to KOID (11.09%). In terms of maximum drawdown, KNCT dropped -57.18% vs KOID's -19.63%.

Which ETF is better, KNCT or KOID?

On 1-year performance, KNCT leads with 63.92% vs 38.95% for KOID. On fees, KNCT is cheaper at 0.40% per year. On volatility, KOID has been the lower-risk option at 11.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KNCT or KOID?

Over the 1-year period, KNCT has performed better with a 63.92% return vs 38.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KNCT or KOID?

KNCT is cheaper with a 0.40% expense ratio, compared with 0.79% for KOID.

Which ETF pays a higher dividend yield, KNCT or KOID?

KOID has the higher dividend yield at 0.74%, compared with 0.68% for KNCT.

What is the main difference between KNCT and KOID?

KNCT tracks STOXX World AC NexGen Connectivity Index, while KOID tracks MerQube Global Humanoid Robotics and Physical AI Index. They also come from different issuers: Invesco and KraneShares. Their fees differ too: 0.40% for KNCT and 0.79% for KOID.

Which has better risk-adjusted returns?

KNCT currently has the higher Sharpe Ratio (2.27 vs 1.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.