KOID vs. KNCT

Last updated Aug 2, 2026

KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) and KNCT (Invesco Next Gen Connectivity ETF) are both Technology Equities funds - KOID tracks the MerQube Global Humanoid and Embodied Intelligence Index while KNCT tracks the STOXX World AC NexGen Connectivity Index. Both are passively managed. Over the past year, KOID returned 38.95% vs 63.92% for KNCT. Their 0.73 correlation means they have sometimes moved together and sometimes differently. KOID charges 0.69%/yr vs 0.40%/yr for KNCT.

Performance

KOID vs. KNCT - Performance Comparison

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

Returns By Period

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

KOID

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

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%

*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 and Embodied Intelligence Index ETF	$4.85M	$7.23M	$7.43M

KOID vs. KNCT - Yearly Performance Comparison

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

Correlation

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

KOID vs. KNCT - Sectors Allocation Comparison

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

Return for Risk

KOID vs. KNCT — Risk / Return Rank

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

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

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

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.

KOID vs. KNCT - Risk-Adjusted Trends Comparison

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

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

KOID vs. KNCT - Sharpe Ratio Comparison

The current KOID Sharpe Ratio is 1.33, which is lower than the KNCT Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of KOID and KNCT, 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

KOID vs. KNCT - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

KOID vs. KNCT - Volatility Comparison

KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) and Invesco Next Gen Connectivity ETF (KNCT) have volatilities of 11.09% and 11.26%, 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

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

KOID vs. KNCT - Expense Ratio Comparison

KOID has a 0.69% expense ratio, which is higher than KNCT's 0.40% expense ratio.

Dividends

KOID vs. KNCT - Dividend Comparison

KOID's dividend yield for the trailing twelve months is around 0.74%, more than KNCT's 0.68% 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 and Embodied Intelligence 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 KOID and KNCT in my portfolio?

KOID and KNCT 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, KOID or KNCT?

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

Which ETF is better, KOID or KNCT?

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, KOID or KNCT?

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, KOID or KNCT?

KNCT is cheaper with a 0.40% expense ratio, compared with 0.69% for KOID.

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

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

What is the main difference between KOID and KNCT?

KOID tracks MerQube Global Humanoid and Embodied Intelligence Index, while KNCT tracks STOXX World AC NexGen Connectivity Index. They also come from different issuers: KraneShares and Invesco. Their fees differ too: 0.69% for KOID and 0.40% for KNCT.

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.