KSTR vs. CNXT
Compare and contrast key facts about KraneShares SSE STAR Market 50 Index ETF (KSTR) and VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT).
KSTR and CNXT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KSTR is a passively managed fund by KraneShares that tracks the performance of the SSE Science and Technology Innovation Board 50 Index. It was launched on Jan 26, 2021. CNXT is a passively managed fund by VanEck that tracks the performance of the SME-ChiNext 100 Index. It was launched on Jul 24, 2014. Both KSTR and CNXT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KSTR or CNXT.
Correlation
The correlation between KSTR and CNXT is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KSTR vs. CNXT - Performance Comparison
Key characteristics
KSTR:
0.21
CNXT:
0.31
KSTR:
0.83
CNXT:
0.90
KSTR:
1.12
CNXT:
1.13
KSTR:
0.19
CNXT:
0.25
KSTR:
0.62
CNXT:
0.86
KSTR:
20.58%
CNXT:
19.75%
KSTR:
60.60%
CNXT:
54.24%
KSTR:
-66.46%
CNXT:
-68.98%
KSTR:
-53.99%
CNXT:
-55.46%
Returns By Period
In the year-to-date period, KSTR achieves a -1.88% return, which is significantly higher than CNXT's -3.18% return.
KSTR
-1.88%
-4.09%
27.09%
14.39%
N/A
N/A
CNXT
-3.18%
-8.39%
23.44%
18.09%
-2.13%
-0.57%
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KSTR vs. CNXT - Expense Ratio Comparison
KSTR has a 0.89% expense ratio, which is higher than CNXT's 0.65% expense ratio.
Risk-Adjusted Performance
KSTR vs. CNXT — Risk-Adjusted Performance Rank
KSTR
CNXT
KSTR vs. CNXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT). 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.
Dividends
KSTR vs. CNXT - Dividend Comparison
KSTR has not paid dividends to shareholders, while CNXT's dividend yield for the trailing twelve months is around 0.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
KSTR KraneShares SSE STAR Market 50 Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CNXT VanEck Vectors ChinaAMC SME-ChiNext ETF | 0.15% | 0.15% | 0.00% | 0.00% | 9.23% | 0.01% | 0.45% | 0.00% | 0.19% |
Drawdowns
KSTR vs. CNXT - Drawdown Comparison
The maximum KSTR drawdown since its inception was -66.46%, roughly equal to the maximum CNXT drawdown of -68.98%. Use the drawdown chart below to compare losses from any high point for KSTR and CNXT. For additional features, visit the drawdowns tool.
Volatility
KSTR vs. CNXT - Volatility Comparison
The current volatility for KraneShares SSE STAR Market 50 Index ETF (KSTR) is 7.99%, while VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) has a volatility of 8.78%. This indicates that KSTR experiences smaller price fluctuations and is considered to be less risky than CNXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.