KRBN vs. KARS
KRBN (KraneShares Global Carbon Strategy ETF) and KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) are both exchange-traded funds - KRBN is a Commodities fund tracking the S&P Global Carbon Credit Index, while KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index. Both are passively managed. Over the past 5 years, KRBN returned 5.83%/yr vs -7.87%/yr for KARS. Their 0.17 correlation means their historical movements had little consistent relationship. KRBN charges 0.90%/yr vs 0.72%/yr for KARS.
Performance
KRBN vs. KARS - Performance Comparison
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Returns By Period
In the year-to-date period, KRBN achieves a -4.92% return, which is significantly lower than KARS's -3.05% return.
KRBN
- 1D
- -0.27%
- 1M
- 1.51%
- 6M
- 0.75%
- YTD
- -4.92%
- 1Y
- 14.02%
- 3Y*
- 0.62%
- 5Y*
- 5.83%
- 10Y*
- —
- ALL TIME*
- 16.28%
KARS
- 1D
- 0.09%
- 1M
- -5.50%
- 6M
- -4.45%
- YTD
- -3.05%
- 1Y
- 25.62%
- 3Y*
- -2.83%
- 5Y*
- -7.87%
- 10Y*
- —
- ALL TIME*
- 3.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $362.38K | $469.91K | $1.03M | |
| $1.61M | $1.01M | $686.57K |
KRBN vs. KARS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KRBN KraneShares Global Carbon Strategy ETF | -4.92% | 23.11% | -13.56% | 8.01% | -12.75% | 107.69% | 25.03% |
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | -3.05% | 46.04% | -17.88% | -7.85% | -39.20% | 24.11% | 45.22% |
Correlation
The correlation between KRBN and KARS is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.17 |
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Return for Risk
KRBN vs. KARS — Risk / Return Rank
KRBN
KARS
KRBN vs. KARS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Carbon Strategy ETF (KRBN) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). 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.
| KRBN | KARS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 1.03 | -0.47 |
| Martin ratioReturn relative to average drawdown | 1.39 | 3.12 | -1.73 |
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Drawdowns
KRBN vs. KARS - Drawdown Comparison
The maximum KRBN drawdown since its inception was -36.42%, smaller than the maximum KARS drawdown of -64.85%. Use the drawdown chart below to compare losses from any high point for KRBN and KARS.
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Drawdown Indicators
| KRBN | KARS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.42% | -64.85% | +28.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.98% | -24.94% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -26.05% | -45.42% | +19.37% |
Max Drawdown (5Y)Largest decline over 5 years | -36.42% | -64.85% | +28.43% |
Current DrawdownCurrent decline from peak | -13.32% | -40.90% | +27.58% |
Average DrawdownAverage peak-to-trough decline | -16.07% | -28.49% | +12.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.10% | 8.23% | +1.87% |
Volatility
KRBN vs. KARS - Volatility Comparison
The current volatility for KraneShares Global Carbon Strategy ETF (KRBN) is 6.67%, while KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a volatility of 8.34%. This indicates that KRBN experiences smaller price fluctuations and is considered to be less risky than KARS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRBN | KARS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 8.34% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 16.21% | 22.03% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.77% | 28.26% | -8.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.84% | 30.00% | -2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.43% | 29.39% | -0.96% |
KRBN vs. KARS - Expense Ratio Comparison
KRBN has a 0.90% expense ratio, which is higher than KARS's 0.72% expense ratio.
Dividends
KRBN vs. KARS - Dividend Comparison
KRBN's dividend yield for the trailing twelve months is around 2.00%, more than KARS's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 0.19% | 0.18% | 0.78% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.38% |
KRBN KraneShares Global Carbon Strategy ETF | 2.00% | 1.90% | 7.10% | 7.60% | 22.91% | 0.49% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KRBN and KARS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KARS has higher volatility (8.34%) compared to KRBN (6.67%). In terms of maximum drawdown, KRBN dropped -36.42% vs KARS's -64.85%.
On 5-year performance, KRBN leads with 5.83% vs -7.87% for KARS. On fees, KARS is cheaper at 0.72% per year. On volatility, KRBN has been the lower-risk option at 6.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, KRBN has performed better with a 5.83% return vs -7.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KARS is cheaper with a 0.72% expense ratio, compared with 0.90% for KRBN.
KRBN has the higher dividend yield at 2.00%, compared with 0.19% for KARS.
KRBN is categorized as Commodities, while KARS is Industrials Equities. KRBN tracks S&P Global Carbon Credit Index, while KARS tracks Bloomberg Electric Vehicles Index. Their fees differ too: 0.90% for KRBN and 0.72% for KARS.
KARS currently has the higher Sharpe Ratio (0.91 vs 0.71), 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.
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