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KTEC vs. ^HSI
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

KTEC vs. ^HSI

Last updated May 23, 2025

Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and Hang Seng Index (^HSI).

KTEC is a passively managed fund by KraneShares that tracks the performance of the Hang Seng Tech Index. It was launched on Jun 8, 2021.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KTEC or ^HSI.

Correlation

The correlation between KTEC and ^HSI is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

KTEC vs. ^HSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Hang Seng TECH Index ETF (KTEC) and Hang Seng Index (^HSI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

KTEC:

0.64

^HSI:

0.81

Sortino Ratio

KTEC:

1.05

^HSI:

1.33

Omega Ratio

KTEC:

1.13

^HSI:

1.20

Calmar Ratio

KTEC:

0.39

^HSI:

0.54

Martin Ratio

KTEC:

1.67

^HSI:

2.56

Ulcer Index

KTEC:

14.00%

^HSI:

10.53%

Daily Std Dev

KTEC:

43.16%

^HSI:

28.86%

Max Drawdown

KTEC:

-66.90%

^HSI:

-65.18%

Current Drawdown

KTEC:

-38.29%

^HSI:

-28.99%

Returns By Period

In the year-to-date period, KTEC achieves a 18.32% return, which is significantly higher than ^HSI's 17.37% return.

KTEC

YTD

18.32%

1M

6.82%

6M

18.91%

1Y

27.31%

3Y*

7.91%

5Y*

N/A

10Y*

N/A

^HSI

YTD

17.37%

1M

9.19%

6M

20.12%

1Y

22.65%

3Y*

4.77%

5Y*

0.53%

10Y*

-1.72%

*Annualized

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KraneShares Hang Seng TECH Index ETF

Hang Seng Index

Risk-Adjusted Performance

KTEC vs. ^HSI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KTEC
The Risk-Adjusted Performance Rank of KTEC is 5959
Overall Rank
The Sharpe Ratio Rank of KTEC is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of KTEC is 6767
Sortino Ratio Rank
The Omega Ratio Rank of KTEC is 6262
Omega Ratio Rank
The Calmar Ratio Rank of KTEC is 4949
Calmar Ratio Rank
The Martin Ratio Rank of KTEC is 5252
Martin Ratio Rank
^HSI
The Risk-Adjusted Performance Rank of ^HSI is 8181
Overall Rank
The Sharpe Ratio Rank of ^HSI is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of ^HSI is 8585
Sortino Ratio Rank
The Omega Ratio Rank of ^HSI is 9090
Omega Ratio Rank
The Calmar Ratio Rank of ^HSI is 6262
Calmar Ratio Rank
The Martin Ratio Rank of ^HSI is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KTEC vs. ^HSI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and Hang Seng Index (^HSI). 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.

The current KTEC Sharpe Ratio is 0.64, which is comparable to the ^HSI Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of KTEC and ^HSI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Drawdowns

KTEC vs. ^HSI - Drawdown Comparison

The maximum KTEC drawdown since its inception was -66.90%, roughly equal to the maximum ^HSI drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for KTEC and ^HSI. For additional features, visit the drawdowns tool.

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Volatility

KTEC vs. ^HSI - Volatility Comparison

KraneShares Hang Seng TECH Index ETF (KTEC) has a higher volatility of 9.02% compared to Hang Seng Index (^HSI) at 5.49%. This indicates that KTEC's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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