KTEC vs. IVV
Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and iShares Core S&P 500 ETF (IVV).
KTEC and IVV 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. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both KTEC and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KTEC or IVV.
Correlation
The correlation between KTEC and IVV is 0.36, 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.
Performance
KTEC vs. IVV - Performance Comparison
Key characteristics
KTEC:
1.64
IVV:
1.89
KTEC:
2.32
IVV:
2.55
KTEC:
1.29
IVV:
1.35
KTEC:
1.08
IVV:
2.84
KTEC:
4.80
IVV:
11.79
KTEC:
13.75%
IVV:
2.03%
KTEC:
40.24%
IVV:
12.65%
KTEC:
-66.90%
IVV:
-55.25%
KTEC:
-33.41%
IVV:
-0.39%
Returns By Period
In the year-to-date period, KTEC achieves a 27.67% return, which is significantly higher than IVV's 4.21% return.
KTEC
27.67%
23.91%
59.51%
65.82%
N/A
N/A
IVV
4.21%
1.28%
10.52%
24.47%
14.68%
13.25%
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KTEC vs. IVV - Expense Ratio Comparison
KTEC has a 0.69% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
KTEC vs. IVV — Risk-Adjusted Performance Rank
KTEC
IVV
KTEC vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
KTEC's dividend yield for the trailing twelve months is around 0.21%, less than IVV's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTEC KraneShares Hang Seng TECH Index ETF | 0.21% | 0.27% | 0.81% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
KTEC vs. IVV - Drawdown Comparison
The maximum KTEC drawdown since its inception was -66.90%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for KTEC and IVV. For additional features, visit the drawdowns tool.
Volatility
KTEC vs. IVV - Volatility Comparison
KraneShares Hang Seng TECH Index ETF (KTEC) has a higher volatility of 9.39% compared to iShares Core S&P 500 ETF (IVV) at 2.91%. This indicates that KTEC's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.