KTEC vs. FDV
Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and Federated Hermes U.S. Strategic Dividend ETF (FDV).
KTEC and FDV 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. FDV is an actively managed fund by Federated. It was launched on Nov 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KTEC or FDV.
Correlation
The correlation between KTEC and FDV is 0.57, 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.
Performance
KTEC vs. FDV - Performance Comparison
Key characteristics
KTEC:
0.93
FDV:
0.80
KTEC:
1.52
FDV:
1.15
KTEC:
1.19
FDV:
1.16
KTEC:
0.69
FDV:
0.91
KTEC:
2.76
FDV:
3.46
KTEC:
14.73%
FDV:
3.30%
KTEC:
44.00%
FDV:
14.30%
KTEC:
-66.90%
FDV:
-16.70%
KTEC:
-40.71%
FDV:
-7.48%
Returns By Period
In the year-to-date period, KTEC achieves a 13.69% return, which is significantly higher than FDV's 0.22% return.
KTEC
13.69%
-9.85%
10.47%
31.42%
N/A
N/A
FDV
0.22%
-5.22%
-3.18%
11.86%
N/A
N/A
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KTEC vs. FDV - Expense Ratio Comparison
KTEC has a 0.69% expense ratio, which is higher than FDV's 0.50% expense ratio.
Risk-Adjusted Performance
KTEC vs. FDV — Risk-Adjusted Performance Rank
KTEC
FDV
KTEC vs. FDV - Risk-Adjusted Performance 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.
Dividends
KTEC vs. FDV - Dividend Comparison
KTEC's dividend yield for the trailing twelve months is around 0.24%, less than FDV's 2.96% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
KTEC KraneShares Hang Seng TECH Index ETF | 0.24% | 0.27% | 0.81% | 0.16% |
FDV Federated Hermes U.S. Strategic Dividend ETF | 2.96% | 3.12% | 3.55% | 0.18% |
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 -16.70%. Use the drawdown chart below to compare losses from any high point for KTEC and FDV. For additional features, visit the drawdowns tool.
Volatility
KTEC vs. FDV - Volatility Comparison
KraneShares Hang Seng TECH Index ETF (KTEC) has a higher volatility of 17.04% compared to Federated Hermes U.S. Strategic Dividend ETF (FDV) at 9.47%. This indicates that KTEC's price experiences larger fluctuations and is considered to be riskier than FDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.