KTEC vs. ISVBF
KTEC (KraneShares Hang Seng TECH Index ETF) and ISVBF (iShares MSCI China A UCITS ETF) are both China Equities funds - KTEC tracks the Hang Seng Tech Index while ISVBF tracks the MSCI China A Inclusion Index. Both are passively managed. Over the past 5 years, KTEC returned -10.38%/yr vs -5.86%/yr for ISVBF. At a 0.34 correlation, their price movements are largely independent. KTEC charges 0.69%/yr vs 0.40%/yr for ISVBF.
Performance
KTEC vs. ISVBF - Performance Comparison
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Returns By Period
In the year-to-date period, KTEC achieves a -17.05% return, which is significantly lower than ISVBF's -11.22% return.
KTEC
- 1D
- -3.17%
- 1M
- 1.72%
- 6M
- -20.84%
- YTD
- -17.05%
- 1Y
- -19.45%
- 3Y*
- 2.63%
- 5Y*
- -10.38%
- 10Y*
- —
ISVBF
- 1D
- -2.45%
- 1M
- -0.50%
- 6M
- -14.17%
- YTD
- -11.22%
- 1Y
- -4.49%
- 3Y*
- 7.64%
- 5Y*
- -5.86%
- 10Y*
- —
KTEC vs. ISVBF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KTEC KraneShares Hang Seng TECH Index ETF | -17.05% | 21.01% | 16.13% | -10.41% | -26.12% | -29.98% |
ISVBF iShares MSCI China A UCITS ETF | -11.22% | 30.64% | 18.96% | -9.28% | -23.01% | -24.42% |
Correlation
The correlation between KTEC and ISVBF is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2021 | 0.34 |
Over the past year, KTEC and ISVBF have become more correlated (0.64) than their long-term average of 0.34, meaning their price movements have been converging.
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Return for Risk
KTEC vs. ISVBF — Risk / Return Rank
KTEC
ISVBF
KTEC vs. ISVBF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and iShares MSCI China A UCITS ETF (ISVBF). 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 | ISVBF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.00 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.19 | -0.35 |
| Martin ratioReturn relative to average drawdown | -0.99 | -0.42 | -0.57 |
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Drawdowns
KTEC vs. ISVBF - Drawdown Comparison
The maximum KTEC drawdown since its inception was -66.90%, which is greater than ISVBF's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for KTEC and ISVBF.
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Drawdown Indicators
| KTEC | ISVBF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.90% | -53.78% | -13.12% |
Max Drawdown (1Y)Largest decline over 1 year | -36.49% | -24.14% | -12.35% |
Max Drawdown (3Y)Largest decline over 3 years | -36.49% | -24.14% | -12.35% |
Max Drawdown (5Y)Largest decline over 5 years | -63.14% | -52.51% | -10.63% |
Current DrawdownCurrent decline from peak | -47.65% | -28.04% | -19.61% |
Average DrawdownAverage peak-to-trough decline | -44.04% | -32.63% | -11.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.64% | 10.62% | +9.02% |
Volatility
KTEC vs. ISVBF - Volatility Comparison
The current volatility for KraneShares Hang Seng TECH Index ETF (KTEC) is 7.40%, while iShares MSCI China A UCITS ETF (ISVBF) has a volatility of 7.79%. This indicates that KTEC experiences smaller price fluctuations and is considered to be less risky than ISVBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KTEC | ISVBF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.40% | 7.79% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 20.12% | 27.11% | -6.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.06% | 31.54% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.16% | 30.47% | +12.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.86% | 30.12% | +12.74% |
KTEC vs. ISVBF - Expense Ratio Comparison
KTEC has a 0.69% expense ratio, which is higher than ISVBF's 0.40% expense ratio.
Dividends
KTEC vs. ISVBF - Dividend Comparison
KTEC's dividend yield for the trailing twelve months is around 4.04%, while ISVBF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ISVBF iShares MSCI China A UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KTEC KraneShares Hang Seng TECH Index ETF | 4.04% | 3.36% | 0.27% | 0.81% | 0.16% |
Frequently Asked Questions
KTEC and ISVBF have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISVBF has higher volatility (7.79%) compared to KTEC (7.40%). In terms of maximum drawdown, KTEC dropped -66.90% vs ISVBF's -53.78%.
On 5-year performance, ISVBF leads with -5.86% vs -10.38% for KTEC. On fees, ISVBF is cheaper at 0.40% per year. On volatility, KTEC has been the lower-risk option at 7.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ISVBF has performed better with a -5.86% return vs -10.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISVBF is cheaper with a 0.40% expense ratio, compared with 0.69% for KTEC.
KTEC has the higher dividend yield at 4.04%, compared with 0.00% for ISVBF.
KTEC tracks Hang Seng Tech Index, while ISVBF tracks MSCI China A Inclusion Index. They also come from different issuers: KraneShares and iShares. Their fees differ too: 0.69% for KTEC and 0.40% for ISVBF.
ISVBF currently has the higher Sharpe Ratio (-0.14 vs -0.70), 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.
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