KTEC vs. AGIX

Last updated Aug 2, 2026

KTEC (KraneShares Hang Seng TECH Index ETF) and AGIX (KraneShares Artificial Intelligence & Technology ETF) are both exchange-traded funds - KTEC is a China Equities fund tracking the Hang Seng Tech Index, while AGIX is a Artificial Intelligence fund tracking the Solactive Etna Artificial General Intelligence Index. Both are passively managed. Over the past year, KTEC returned -11.77% vs 36.35% for AGIX. Their 0.37 correlation means their historical movements had little consistent relationship. KTEC charges 0.69%/yr vs 1.00%/yr for AGIX.

Performance

KTEC vs. AGIX - Performance Comparison

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

Returns By Period

In the year-to-date period, KTEC achieves a -12.58% return, which is significantly lower than AGIX's 16.49% return.

KTEC

• 1D: 0.81%
• 1M: 10.40%
• 6M: -14.54%
• YTD: -12.58%
• 1Y: -11.77%
• 3Y*: 0.64%
• 5Y*: -7.23%
• 10Y*: —
• ALL TIME*: -10.38%

AGIX

• 1D: 0.71%
• 1M: -4.78%
• 6M: 19.51%
• YTD: 16.49%
• 1Y: 36.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGIX KraneShares Artificial Intelligence & Technology ETF	$5.98M	$6.95M	$18.26M
KTEC KraneShares Hang Seng TECH Index ETF	$941.66K	$1.10M	$1.04M

KTEC vs. AGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KTEC KraneShares Hang Seng TECH Index ETF	-12.58%	21.01%	19.06%
AGIX KraneShares Artificial Intelligence & Technology ETF	16.49%	29.24%	12.92%

Correlation

The correlation between KTEC and AGIX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	0.37

The correlation between KTEC and AGIX shifts across timeframes, from 0.37 (all time) to 0.48 (1 year), reflecting how their relationship changes across market environments.

KTEC vs. AGIX - Sectors Allocation Comparison

Sectors	KTEC	AGIX
Consumer Cyclical	43.0%	4.7%
Communication Services	30.4%	8.2%
Technology	24.7%	69.0%
Industrials	8.6%	2.2%
Healthcare	1.9%	0.9%
Basic Materials	-	0.6%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	2.1%
Real Estate	-	-
Utilities	-	1.4%

Return for Risk

KTEC vs. AGIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KTEC

KTEC Risk / Return Rank: 6
KTEC Sharpe Ratio Rank: 5
KTEC Sortino Ratio Rank: 5
KTEC Omega Ratio Rank: 5
KTEC Calmar Ratio Rank: 6
KTEC Martin Ratio Rank: 6

AGIX

AGIX Risk / Return Rank: 43
AGIX Sharpe Ratio Rank: 45
AGIX Sortino Ratio Rank: 44
AGIX Omega Ratio Rank: 41
AGIX Calmar Ratio Rank: 45
AGIX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KTEC vs. AGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and KraneShares Artificial Intelligence & Technology ETF (AGIX). 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.

	KTEC	AGIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	1.11	-1.60
Sortino ratio: Return per unit of downside risk	-0.54	1.61	-2.15
Omega ratio: Gain probability vs. loss probability	0.94	1.19	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.38	1.61	-1.99
Martin ratio: Return relative to average drawdown	-0.67	4.03	-4.70

KTEC vs. AGIX - Sharpe Ratio Comparison

The current KTEC Sharpe Ratio is -0.49, which is lower than the AGIX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of KTEC and AGIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KTEC vs. AGIX - Drawdown Comparison

The maximum KTEC drawdown since its inception was -66.90%, which is greater than AGIX's maximum drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for KTEC and AGIX.

Drawdown Indicators

	KTEC	AGIX	Difference
Max Drawdown Largest peak-to-trough decline	-66.90%	-31.48%	-35.42%
Max Drawdown (1Y) Largest decline over 1 year	-36.49%	-19.85%	-16.64%
Max Drawdown (3Y) Largest decline over 3 years	-36.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.08%	—	—
Current Drawdown Current decline from peak	-44.83%	-14.39%	-30.44%
Average Drawdown Average peak-to-trough decline	-44.05%	-6.17%	-37.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.47%	7.92%	+12.55%

Volatility

KTEC vs. AGIX - Volatility Comparison

The current volatility for KraneShares Hang Seng TECH Index ETF (KTEC) is 7.27%, while KraneShares Artificial Intelligence & Technology ETF (AGIX) has a volatility of 9.99%. This indicates that KTEC experiences smaller price fluctuations and is considered to be less risky than AGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KTEC	AGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.27%	9.99%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	20.32%	24.07%	-3.75%
Volatility (1Y) Calculated over the trailing 1-year period	28.20%	28.81%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.63%	30.11%	+12.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.75%	30.11%	+12.64%

KTEC vs. AGIX - Expense Ratio Comparison

KTEC has a 0.69% expense ratio, which is lower than AGIX's 1.00% expense ratio.

Dividends

KTEC vs. AGIX - Dividend Comparison

KTEC's dividend yield for the trailing twelve months is around 3.84%, more than AGIX's 1.03% yield.

Position	TTM	2025	2024	2023	2022
AGIX KraneShares Artificial Intelligence & Technology ETF	1.03%	1.21%	0.77%	0.00%	0.00%
KTEC KraneShares Hang Seng TECH Index ETF	3.84%	3.36%	0.27%	0.81%	0.16%

Frequently Asked Questions

Can I hold both KTEC and AGIX in my portfolio?

KTEC and AGIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KTEC or AGIX?

AGIX has higher volatility (9.99%) compared to KTEC (7.27%). In terms of maximum drawdown, KTEC dropped -66.90% vs AGIX's -31.48%.

Which ETF is better, KTEC or AGIX?

On 1-year performance, AGIX leads with 36.35% vs -11.77% for KTEC. On fees, KTEC is cheaper at 0.69% per year. On volatility, KTEC has been the lower-risk option at 7.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KTEC or AGIX?

Over the 1-year period, AGIX has performed better with a 36.35% return vs -11.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KTEC or AGIX?

KTEC is cheaper with a 0.69% expense ratio, compared with 1.00% for AGIX.

Which ETF pays a higher dividend yield, KTEC or AGIX?

KTEC has the higher dividend yield at 3.84%, compared with 1.03% for AGIX.

What is the main difference between KTEC and AGIX?

KTEC is categorized as China Equities, while AGIX is Artificial Intelligence. KTEC tracks Hang Seng Tech Index, while AGIX tracks Solactive Etna Artificial General Intelligence Index. Their fees differ too: 0.69% for KTEC and 1.00% for AGIX.

Which has better risk-adjusted returns?

AGIX currently has the higher Sharpe Ratio (1.11 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.