KSTR vs. CAS
KSTR (KraneShares SSE STAR Market 50 Index ETF) and CAS (Simplify China A Shares PLUS Income ETF) are both China Equities funds. KSTR is passively managed, while CAS is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. KSTR charges 0.89%/yr vs 0.88%/yr for CAS.
Performance
KSTR vs. CAS - Performance Comparison
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Returns By Period
KSTR
- 1D
- -2.34%
- 1M
- 7.54%
- YTD
- 47.82%
- 6M
- 47.90%
- 1Y
- 108.41%
- 3Y*
- 23.01%
- 5Y*
- 1.10%
- 10Y*
- —
CAS
- 1D
- -2.90%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KSTR vs. CAS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
KSTR KraneShares SSE STAR Market 50 Index ETF | 5.60% |
CAS Simplify China A Shares PLUS Income ETF | 0.48% |
Correlation
The correlation between KSTR and CAS is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.81 |
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Return for Risk
KSTR vs. CAS — Risk / Return Rank
KSTR
CAS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KSTR vs. CAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and Simplify China A Shares PLUS Income ETF (CAS). 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 | CAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.46 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.16 | — | — |
| Martin ratioReturn relative to average drawdown | 15.20 | — | — |
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Drawdowns
KSTR vs. CAS - Drawdown Comparison
The maximum KSTR drawdown since its inception was -66.46%, which is greater than CAS's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for KSTR and CAS.
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Drawdown Indicators
| KSTR | CAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.46% | -6.84% | -59.62% |
Max Drawdown (1Y)Largest decline over 1 year | -17.70% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -41.55% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -66.46% | — | — |
Current DrawdownCurrent decline from peak | -2.34% | -2.90% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -38.47% | -2.67% | -35.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.16% | — | — |
Volatility
KSTR vs. CAS - Volatility Comparison
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Volatility by Period
| KSTR | CAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 28.62% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 37.27% | 28.91% | +8.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.60% | 28.91% | +9.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.87% | 28.91% | +8.96% |
KSTR vs. CAS - Expense Ratio Comparison
KSTR has a 0.89% expense ratio, which is higher than CAS's 0.88% expense ratio.
Dividends
KSTR vs. CAS - Dividend Comparison
Neither KSTR nor CAS has paid dividends to shareholders.
Frequently Asked Questions
KSTR and CAS have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CAS is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CAS is cheaper with a 0.88% expense ratio, compared with 0.89% for KSTR.
KSTR and CAS have nearly identical dividend yields, around 0.00%.
They also come from different issuers: KraneShares and Simplify. Their fees differ too: 0.89% for KSTR and 0.88% for CAS.
Find the right allocation for KSTR and CAS
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