KTEC vs. FDV
KTEC (KraneShares Hang Seng TECH Index ETF) and FDV (Federated Hermes U.S. Strategic Dividend ETF) are both exchange-traded funds - KTEC is a China Equities fund tracking the Hang Seng Tech Index, while FDV is a Large Cap Value Equities fund actively managed by Federated. KTEC is passively managed, while FDV is actively managed. At a correlation of -0.24, they often move in opposite directions. KTEC charges 0.69%/yr vs 0.50%/yr for FDV.
Performance
KTEC vs. FDV - Performance Comparison
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Returns By Period
KTEC
- 1D
- -2.22%
- 1M
- -7.85%
- YTD
- -21.33%
- 6M
- -21.98%
- 1Y
- -19.03%
- 3Y*
- 3.17%
- 5Y*
- -12.60%
- 10Y*
- —
FDV
- 1D
- 1.19%
- 1M
- -0.18%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KTEC vs. FDV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
KTEC KraneShares Hang Seng TECH Index ETF | -8.47% |
FDV Federated Hermes U.S. Strategic Dividend ETF | 0.36% |
Correlation
The correlation between KTEC and FDV is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 22, 2026 | -0.24 |
KTEC vs. FDV - Sectors Allocation Comparison
Sectors
KTEC
FDV
Consumer Cyclical
Communication Services
Technology
Healthcare
Basic Materials
-
Consumer Defensive
-
Energy
-
Financial Services
-
Industrials
-
Real Estate
-
Utilities
-
Consumer Cyclical
KTEC
FDV
Communication Services
KTEC
FDV
Technology
KTEC
FDV
Healthcare
KTEC
FDV
Basic Materials
KTEC
-
FDV
Consumer Defensive
KTEC
-
FDV
Energy
KTEC
-
FDV
Financial Services
KTEC
-
FDV
Industrials
KTEC
-
FDV
Real Estate
KTEC
-
FDV
Utilities
KTEC
-
FDV
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Return for Risk
KTEC vs. FDV — Risk / Return Rank
KTEC
FDV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KTEC vs. FDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and Federated Hermes U.S. Strategic Dividend ETF (FDV). 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 | FDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.90 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | — | — |
| Martin ratioReturn relative to average drawdown | -1.08 | — | — |
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Drawdowns
KTEC vs. FDV - Drawdown Comparison
The maximum KTEC drawdown since its inception was -66.90%, which is greater than FDV's maximum drawdown of -3.33%. Use the drawdown chart below to compare losses from any high point for KTEC and FDV.
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Drawdown Indicators
| KTEC | FDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.90% | -3.33% | -63.57% |
Max Drawdown (1Y)Largest decline over 1 year | -34.76% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -34.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -66.90% | — | — |
Current DrawdownCurrent decline from peak | -50.35% | -1.78% | -48.57% |
Average DrawdownAverage peak-to-trough decline | -43.97% | -1.13% | -42.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.67% | — | — |
Volatility
KTEC vs. FDV - Volatility Comparison
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Volatility by Period
| KTEC | FDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.17% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.88% | 12.45% | +15.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.21% | 12.45% | +30.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.05% | 12.45% | +30.60% |
KTEC vs. FDV - Expense Ratio Comparison
KTEC has a 0.69% expense ratio, which is higher than FDV's 0.50% expense ratio.
Dividends
KTEC vs. FDV - Dividend Comparison
KTEC's dividend yield for the trailing twelve months is around 4.26%, more than FDV's 0.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FDV Federated Hermes U.S. Strategic Dividend ETF | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% |
KTEC KraneShares Hang Seng TECH Index ETF | 4.26% | 3.36% | 0.27% | 0.81% | 0.16% |
Frequently Asked Questions
KTEC and FDV have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FDV is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FDV is cheaper with a 0.50% expense ratio, compared with 0.69% for KTEC.
KTEC has the higher dividend yield at 4.26%, compared with 0.27% for FDV.
KTEC is categorized as China Equities, while FDV is Large Cap Value Equities. They also come from different issuers: KraneShares and Federated. Their fees differ too: 0.69% for KTEC and 0.50% for FDV.
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