KSTR.L vs. HYGN.L
KSTR.L (KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF) and HYGN.L (Global X Hydrogen UCITS ETF) are both Global Equities funds - KSTR.L tracks the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF while HYGN.L tracks the Global X Hydrogen UCITS ETF. Both are passively managed. Over the past 3 years, KSTR.L returned 21.29%/yr vs -0.82%/yr for HYGN.L. At a 0.29 correlation, their price movements are largely independent. KSTR.L charges 0.82%/yr vs 0.50%/yr for HYGN.L.
Performance
KSTR.L vs. HYGN.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KSTR.L achieves a 41.53% return, which is significantly higher than HYGN.L's 38.93% return.
KSTR.L
- 1D
- -4.62%
- 1M
- 3.52%
- 6M
- 25.64%
- YTD
- 41.53%
- 1Y
- 93.56%
- 3Y*
- 21.29%
- 5Y*
- -0.22%
- 10Y*
- —
HYGN.L
- 1D
- -4.17%
- 1M
- -25.05%
- 6M
- 14.11%
- YTD
- 38.93%
- 1Y
- 87.84%
- 3Y*
- -0.82%
- 5Y*
- —
- 10Y*
- —
KSTR.L vs. HYGN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
KSTR.L KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF | 41.53% | 42.76% | 5.23% | -18.80% | -29.93% |
HYGN.L Global X Hydrogen UCITS ETF | 38.93% | 54.56% | -33.06% | -34.76% | -26.91% |
Correlation
The correlation between KSTR.L and HYGN.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2022 | 0.29 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KSTR.L vs. HYGN.L — Risk / Return Rank
KSTR.L
HYGN.L
KSTR.L vs. HYGN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L) and Global X Hydrogen UCITS ETF (HYGN.L). 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.
| KSTR.L | HYGN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.26 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.76 | 2.11 | +2.65 |
| Martin ratioReturn relative to average drawdown | 12.21 | 5.61 | +6.60 |
Loading charts...
Drawdowns
KSTR.L vs. HYGN.L - Drawdown Comparison
The maximum KSTR.L drawdown since its inception was -66.67%, smaller than the maximum HYGN.L drawdown of -83.04%. Use the drawdown chart below to compare losses from any high point for KSTR.L and HYGN.L.
Loading charts...
Drawdown Indicators
| KSTR.L | HYGN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.67% | -83.04% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -43.35% | +23.93% |
Max Drawdown (3Y)Largest decline over 3 years | -36.60% | -69.01% | +32.41% |
Max Drawdown (5Y)Largest decline over 5 years | -66.38% | — | — |
Current DrawdownCurrent decline from peak | -18.75% | -48.37% | +29.62% |
Average DrawdownAverage peak-to-trough decline | -39.83% | -54.99% | +15.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.58% | 16.36% | -8.78% |
Volatility
KSTR.L vs. HYGN.L - Volatility Comparison
KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L) has a higher volatility of 19.20% compared to Global X Hydrogen UCITS ETF (HYGN.L) at 18.27%. This indicates that KSTR.L's price experiences larger fluctuations and is considered to be riskier than HYGN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KSTR.L | HYGN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.20% | 18.27% | +0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 33.48% | 40.74% | -7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.57% | 56.78% | -16.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.52% | 51.72% | -17.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.46% | 51.72% | -17.26% |
KSTR.L vs. HYGN.L - Expense Ratio Comparison
KSTR.L has a 0.82% expense ratio, which is higher than HYGN.L's 0.50% expense ratio.
Dividends
KSTR.L vs. HYGN.L - Dividend Comparison
Neither KSTR.L nor HYGN.L has paid dividends to shareholders.
Frequently Asked Questions
KSTR.L and HYGN.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYGN.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGN.L is cheaper with a 0.50% expense ratio, compared with 0.82% for KSTR.L.
KSTR.L tracks KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF, while HYGN.L tracks Global X Hydrogen UCITS ETF. They also come from different issuers: KraneShares and Global X. Their fees differ too: 0.82% for KSTR.L and 0.50% for HYGN.L.
Find the right allocation for KSTR.L and HYGN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer