KSTR vs. KLXY

Last updated Jun 4, 2026

KSTR (KraneShares SSE STAR Market 50 Index ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both exchange-traded funds - KSTR is a China Equities fund tracking the SSE Science and Technology Innovation Board 50 Index, while KLXY is a Consumer Discretionary Equities fund tracking the Solactive Global Luxury Index - Benchmark TR Net. Both are passively managed. At a 0.25 correlation, their price movements are largely independent. KSTR charges 0.89%/yr vs 0.69%/yr for KLXY.

Performance

KSTR vs. KLXY - Performance Comparison

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

Returns By Period

KSTR

• 1D: 1.39%
• 1M: 7.01%
• YTD: 32.94%
• 6M: 38.23%
• 1Y: 83.76%
• 3Y*: 16.36%
• 5Y*: -0.21%
• 10Y*: —

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KSTR vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KSTR KraneShares SSE STAR Market 50 Index ETF	32.94%	42.82%	6.12%	-3.13%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	13.69%	-6.39%	2.48%

Correlation

The correlation between KSTR and KLXY is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (All Time) Calculated using the full available price history since Sep 8, 2023	0.25

The correlation between KSTR and KLXY shifts across timeframes, from 0.08 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

KSTR vs. KLXY - Sectors Allocation Comparison

Sectors	KSTR	KLXY
Technology	78.5%	-
Industrials	6.5%	-
Healthcare	4.1%	4.9%
Consumer Cyclical	1.4%	73.2%
Energy	0.9%	-
Basic Materials	0.6%	-
Communication Services	-	-
Consumer Defensive	-	21.8%
Financial Services	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

KSTR vs. KLXY — Risk / Return Rank

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

KSTR

KSTR Risk / Return Rank: 71
KSTR Sharpe Ratio Rank: 72
KSTR Sortino Ratio Rank: 64
KSTR Omega Ratio Rank: 65
KSTR Calmar Ratio Rank: 86
KSTR Martin Ratio Rank: 66

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. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and Kraneshares Global Luxury Index ETF (KLXY). 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	KLXY	Difference
Sharpe ratio: Return per unit of total volatility	2.37	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	4.76	—	—
Martin ratio: Return relative to average drawdown	12.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KSTR	KLXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	—	—

Drawdowns

Drawdown Indicators

	KSTR	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-66.46%	—	—
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 Drawdown Current decline from peak	-10.98%	—	—
Average Drawdown Average peak-to-trough decline	-38.77%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.97%	—	—

Volatility

Volatility by Period

	KSTR	KLXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.48%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.31%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.68%	—	—

KSTR vs. KLXY - Expense Ratio Comparison

KSTR has a 0.89% expense ratio, which is higher than KLXY's 0.69% expense ratio.

Dividends

KSTR vs. KLXY - Dividend Comparison

KSTR has not paid dividends to shareholders, while KLXY's dividend yield for the trailing twelve months is around 0.85%.

Position	TTM	2025	2024	2023
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%
KSTR KraneShares SSE STAR Market 50 Index ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KSTR and KLXY in my portfolio?

KSTR and KLXY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSTR or KLXY?

On fees, KLXY is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSTR or KLXY?

KLXY is cheaper with a 0.69% expense ratio, compared with 0.89% for KSTR.

Which ETF pays a higher dividend yield, KSTR or KLXY?

KLXY has the higher dividend yield at 0.85%, compared with 0.00% for KSTR.

What is the main difference between KSTR and KLXY?

KSTR is categorized as China Equities, while KLXY is Consumer Discretionary Equities. KSTR tracks SSE Science and Technology Innovation Board 50 Index, while KLXY tracks Solactive Global Luxury Index - Benchmark TR Net. Their fees differ too: 0.89% for KSTR and 0.69% for KLXY.