KTEC vs. FDV

Last updated Apr 1, 2026

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.

Performance

KTEC vs. FDV - Performance Comparison

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

KTEC vs. FDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
KTEC KraneShares Hang Seng TECH Index ETF	-12.39%	21.01%	16.13%	-10.41%	11.87%
FDV Federated Hermes U.S. Strategic Dividend ETF	8.46%	11.01%	14.41%	-2.16%	1.92%

Returns By Period

In the year-to-date period, KTEC achieves a -12.39% return, which is significantly lower than FDV's 8.46% return.

KTEC

• 1D: 2.85%
• 1M: -4.99%
• YTD: -12.39%
• 6M: -25.44%
• 1Y: -12.67%
• 3Y*: 2.84%
• 5Y*: —
• 10Y*: —

FDV

• 1D: 0.84%
• 1M: -3.30%
• YTD: 8.46%
• 6M: 9.53%
• 1Y: 12.92%
• 3Y*: 11.66%
• 5Y*: —
• 10Y*: —

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

KTEC vs. FDV - Expense Ratio Comparison

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

KTEC

KraneShares Hang Seng TECH Index ETF

FDV

Federated Hermes U.S. Strategic Dividend ETF

Return for Risk

KTEC vs. FDV — 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: 4

FDV

FDV Risk / Return Rank: 51
FDV Sharpe Ratio Rank: 53
FDV Sortino Ratio Rank: 53
FDV Omega Ratio Rank: 49
FDV Calmar Ratio Rank: 49
FDV Martin Ratio Rank: 51

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. 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.

	KTEC	FDV	Difference
Sharpe ratio Return per unit of total volatility	-0.41	0.90	-1.31
Sortino ratio Return per unit of downside risk	-0.39	1.34	-1.73
Omega ratio Gain probability vs. loss probability	0.95	1.18	-0.23
Calmar ratio Return relative to maximum drawdown	-0.42	1.17	-1.59
Martin ratio Return relative to average drawdown	-1.00	4.71	-5.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KTEC vs. FDV - Sharpe Ratio Comparison

The current KTEC Sharpe Ratio is -0.41, which is lower than the FDV Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of KTEC and FDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KTEC	FDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	0.90	-1.31
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.78	-1.03

Correlation

The correlation between KTEC and FDV is 0.27, 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.

Dividends

KTEC vs. FDV - Dividend Comparison

KTEC's dividend yield for the trailing twelve months is around 3.83%, more than FDV's 2.98% yield.

	TTM	2025	2024	2023	2022
KTEC KraneShares Hang Seng TECH Index ETF	3.83%	3.36%	0.27%	0.81%	0.16%
FDV Federated Hermes U.S. Strategic Dividend ETF	2.98%	3.11%	3.12%	3.54%	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.

Drawdown Indicators

	KTEC	FDV	Difference
Max Drawdown Largest peak-to-trough decline	-66.90%	-16.70%	-50.20%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-11.02%	-18.34%
Current Drawdown Current decline from peak	-44.71%	-3.30%	-41.41%
Average Drawdown Average peak-to-trough decline	-43.97%	-3.99%	-39.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.39%	2.75%	+9.64%

Volatility

KTEC vs. FDV - Volatility Comparison

KraneShares Hang Seng TECH Index ETF (KTEC) has a higher volatility of 9.77% compared to Federated Hermes U.S. Strategic Dividend ETF (FDV) at 3.08%. 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.

Volatility by Period

	KTEC	FDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.77%	3.08%	+6.69%
Volatility (6M) Calculated over the trailing 6-month period	19.86%	6.93%	+12.93%
Volatility (1Y) Calculated over the trailing 1-year period	31.06%	14.32%	+16.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.59%	12.78%	+30.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.59%	12.78%	+30.81%