KTEC vs. CN

Last updated Apr 2, 2026

Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and Xtrackers MSCI All China Equity ETF (CN).

KTEC and CN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CN is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI China All Shares. It was launched on Apr 30, 2014. Both KTEC and CN 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

KTEC vs. CN - Performance Comparison

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

KTEC vs. CN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KTEC KraneShares Hang Seng TECH Index ETF	-13.03%	21.01%	16.13%	-10.41%	-26.12%	-29.50%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	-3.10%	-11.87%	-23.85%	-14.44%

Returns By Period

KTEC

• 1D: -0.73%
• 1M: -4.02%
• YTD: -13.03%
• 6M: -26.79%
• 1Y: -13.14%
• 3Y*: 2.59%
• 5Y*: —
• 10Y*: —

CN

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

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

KTEC vs. CN - Expense Ratio Comparison

KTEC has a 0.69% expense ratio, which is higher than CN's 0.50% expense ratio.

KTEC

KraneShares Hang Seng TECH Index ETF

CN

Xtrackers MSCI All China Equity ETF

Return for Risk

KTEC vs. CN — Risk / Return Rank

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

KTEC

KTEC Risk / Return Rank: 5
KTEC Sharpe Ratio Rank: 5
KTEC Sortino Ratio Rank: 5
KTEC Omega Ratio Rank: 5
KTEC Calmar Ratio Rank: 5
KTEC Martin Ratio Rank: 3

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.

KTEC vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and Xtrackers MSCI All China Equity ETF (CN). 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.

	KTEC	CN	Difference
Sharpe ratio Return per unit of total volatility	-0.42	—	—
Sortino ratio Return per unit of downside risk	-0.42	—	—
Omega ratio Gain probability vs. loss probability	0.95	—	—
Calmar ratio Return relative to maximum drawdown	-0.45	—	—
Martin ratio Return relative to average drawdown	-1.06	—	—
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

	KTEC	CN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	—	—

Correlation

The correlation between KTEC and CN is 0.70, 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

KTEC vs. CN - Dividend Comparison

KTEC's dividend yield for the trailing twelve months is around 3.86%, while CN has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KTEC KraneShares Hang Seng TECH Index ETF	3.86%	3.36%	0.27%	0.81%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%

Drawdowns

Drawdown Indicators

	KTEC	CN	Difference
Max Drawdown Largest peak-to-trough decline	-66.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	—	—
Current Drawdown Current decline from peak	-45.11%	—	—
Average Drawdown Average peak-to-trough decline	-43.97%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	12.50%	—	—

Volatility

Volatility by Period

	KTEC	CN	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.06%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.57%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.57%	—	—