KSTR vs. FLCH

Last updated Apr 1, 2026

Compare and contrast key facts about KraneShares SSE STAR Market 50 Index ETF (KSTR) and Franklin FTSE China ETF (FLCH).

KSTR and FLCH 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. FLCH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE China RIC Capped Index. It was launched on Nov 2, 2017. Both KSTR and FLCH 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

KSTR vs. FLCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares SSE STAR Market 50 Index ETF (KSTR) and Franklin FTSE China ETF (FLCH). The values are adjusted to include any dividend payments, if applicable.

KSTR vs. FLCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KSTR KraneShares SSE STAR Market 50 Index ETF	-1.77%	42.82%	6.12%	-17.93%	-38.51%	-1.70%
FLCH Franklin FTSE China ETF	-5.92%	32.55%	18.00%	-11.21%	-22.74%	-28.23%

Returns By Period

In the year-to-date period, KSTR achieves a -1.77% return, which is significantly higher than FLCH's -5.92% return.

KSTR

• 1D: 0.49%
• 1M: -13.81%
• YTD: -1.77%
• 6M: -9.10%
• 1Y: 31.42%
• 3Y*: 2.49%
• 5Y*: -3.10%
• 10Y*: —

FLCH

• 1D: 1.77%
• 1M: -5.53%
• YTD: -5.92%
• 6M: -12.58%
• 1Y: 7.42%
• 3Y*: 7.50%
• 5Y*: -4.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KSTR vs. FLCH - Expense Ratio Comparison

KSTR has a 0.89% expense ratio, which is higher than FLCH's 0.19% expense ratio.

KSTR

KraneShares SSE STAR Market 50 Index ETF

FLCH

Franklin FTSE China ETF

Return for Risk

KSTR vs. FLCH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KSTR

KSTR Risk / Return Rank: 58
KSTR Sharpe Ratio Rank: 56
KSTR Sortino Ratio Rank: 59
KSTR Omega Ratio Rank: 56
KSTR Calmar Ratio Rank: 70
KSTR Martin Ratio Rank: 50

FLCH

FLCH Risk / Return Rank: 22
FLCH Sharpe Ratio Rank: 22
FLCH Sortino Ratio Rank: 22
FLCH Omega Ratio Rank: 23
FLCH Calmar Ratio Rank: 22
FLCH Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KSTR vs. FLCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and Franklin FTSE China ETF (FLCH). 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.

	KSTR	FLCH	Difference
Sharpe ratio Return per unit of total volatility	0.97	0.32	+0.65
Sortino ratio Return per unit of downside risk	1.49	0.59	+0.90
Omega ratio Gain probability vs. loss probability	1.20	1.08	+0.12
Calmar ratio Return relative to maximum drawdown	1.76	0.41	+1.35
Martin ratio Return relative to average drawdown	4.72	1.20	+3.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KSTR vs. FLCH - Sharpe Ratio Comparison

The current KSTR Sharpe Ratio is 0.97, which is higher than the FLCH Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of KSTR and FLCH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KSTR	FLCH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.32	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	-0.17	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	0.02	-0.17

Correlation

The correlation between KSTR and FLCH is 0.54, 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

KSTR vs. FLCH - Dividend Comparison

KSTR has not paid dividends to shareholders, while FLCH's dividend yield for the trailing twelve months is around 2.51%.

	TTM	2025	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%	0.00%
FLCH Franklin FTSE China ETF	2.51%	2.36%	2.87%	3.47%	2.69%	1.48%	0.91%	1.98%	1.92%	0.01%

Drawdowns

KSTR vs. FLCH - Drawdown Comparison

The maximum KSTR drawdown since its inception was -66.46%, which is greater than FLCH's maximum drawdown of -62.09%. Use the drawdown chart below to compare losses from any high point for KSTR and FLCH.

Drawdown Indicators

	KSTR	FLCH	Difference
Max Drawdown Largest peak-to-trough decline	-66.46%	-62.09%	-4.37%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-17.18%	-0.52%
Max Drawdown (5Y) Largest decline over 5 years	-66.46%	-56.06%	-10.40%
Current Drawdown Current decline from peak	-34.22%	-33.69%	-0.53%
Average Drawdown Average peak-to-trough decline	-39.46%	-30.49%	-8.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.62%	5.96%	+0.66%

Volatility

KSTR vs. FLCH - Volatility Comparison

KraneShares SSE STAR Market 50 Index ETF (KSTR) has a higher volatility of 11.77% compared to Franklin FTSE China ETF (FLCH) at 6.95%. This indicates that KSTR's price experiences larger fluctuations and is considered to be riskier than FLCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KSTR	FLCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.77%	6.95%	+4.82%
Volatility (6M) Calculated over the trailing 6-month period	22.37%	13.95%	+8.42%
Volatility (1Y) Calculated over the trailing 1-year period	32.49%	23.03%	+9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.45%	29.59%	+7.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.24%	28.07%	+9.17%