KSPY vs. KARS
Compare and contrast key facts about Kraneshares Hedgeye Hedged Equity Index ETF (KSPY) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS).
KSPY and KARS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KSPY is a passively managed fund by KraneShares that tracks the performance of the Hedgeye Hedged Equity Index. It was launched on Jul 15, 2024. KARS is a passively managed fund by KraneShares that tracks the performance of the Bloomberg Electric Vehicles Index. It was launched on Jan 18, 2018. Both KSPY and KARS 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
KSPY vs. KARS - Performance Comparison
Loading graphics...
KSPY vs. KARS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KSPY Kraneshares Hedgeye Hedged Equity Index ETF | 0.47% | 13.89% | 3.43% |
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 5.44% | 46.04% | 1.76% |
Returns By Period
In the year-to-date period, KSPY achieves a 0.47% return, which is significantly lower than KARS's 5.44% return.
KSPY
- 1D
- 0.58%
- 1M
- -1.92%
- YTD
- 0.47%
- 6M
- 3.20%
- 1Y
- 15.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KARS
- 1D
- -0.31%
- 1M
- -2.63%
- YTD
- 5.44%
- 6M
- 4.53%
- 1Y
- 53.05%
- 3Y*
- 2.24%
- 5Y*
- -3.91%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KSPY vs. KARS - Expense Ratio Comparison
KSPY has a 0.78% expense ratio, which is higher than KARS's 0.72% expense ratio.
Return for Risk
KSPY vs. KARS — Risk / Return Rank
KSPY
KARS
KSPY vs. KARS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraneshares Hedgeye Hedged Equity Index ETF (KSPY) 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.
| KSPY | KARS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 1.87 | -0.57 |
Sortino ratioReturn per unit of downside risk | 1.95 | 2.48 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.93 | -0.99 |
Martin ratioReturn relative to average drawdown | 11.50 | 12.69 | -1.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KSPY | KARS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.87 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.16 | +0.79 |
Correlation
The correlation between KSPY and KARS is 0.45, 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
KSPY vs. KARS - Dividend Comparison
KSPY's dividend yield for the trailing twelve months is around 6.14%, more than KARS's 0.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KSPY Kraneshares Hedgeye Hedged Equity Index ETF | 6.14% | 6.16% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 0.17% | 0.18% | 0.78% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.38% |
Drawdowns
KSPY vs. KARS - Drawdown Comparison
The maximum KSPY drawdown since its inception was -11.67%, smaller than the maximum KARS drawdown of -64.85%. Use the drawdown chart below to compare losses from any high point for KSPY and KARS.
Loading graphics...
Drawdown Indicators
| KSPY | KARS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.67% | -64.85% | +53.18% |
Max Drawdown (1Y)Largest decline over 1 year | -8.00% | -17.74% | +9.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -64.85% | — |
Current DrawdownCurrent decline from peak | -1.94% | -35.73% | +33.79% |
Average DrawdownAverage peak-to-trough decline | -1.29% | -28.31% | +27.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 4.09% | -2.74% |
Volatility
KSPY vs. KARS - Volatility Comparison
The current volatility for Kraneshares Hedgeye Hedged Equity Index ETF (KSPY) is 4.02%, while KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) has a volatility of 9.01%. This indicates that KSPY 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.
Loading graphics...
Volatility by Period
| KSPY | KARS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 9.01% | -4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 6.26% | 19.50% | -13.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 28.52% | -16.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.98% | 29.61% | -18.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.98% | 29.32% | -18.34% |