KTEC vs. KEUA

Last updated Jun 4, 2026

KTEC (KraneShares Hang Seng TECH Index ETF) and KEUA (KraneShares European Carbon Allowance Strategy ETF) are both exchange-traded funds - KTEC is a China Equities fund tracking the Hang Seng Tech Index, while KEUA is a Commodities fund tracking the S&P Carbon Credit EUA Index. Both are passively managed. At a 0.10 correlation, their price movements are largely independent. KTEC charges 0.69%/yr vs 0.87%/yr for KEUA.

Performance

KTEC vs. KEUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Hang Seng TECH Index ETF (KTEC) and KraneShares European Carbon Allowance Strategy ETF (KEUA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KTEC

• 1D: -3.20%
• 1M: -0.29%
• YTD: -11.17%
• 6M: -12.80%
• 1Y: -8.17%
• 3Y*: 7.14%
• 5Y*: —
• 10Y*: —

KEUA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KTEC vs. KEUA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KTEC KraneShares Hang Seng TECH Index ETF	-11.17%	21.01%	16.13%	-10.41%	-26.12%	-6.36%
KEUA KraneShares European Carbon Allowance Strategy ETF	-19.02%	32.81%	-14.52%	-3.14%	-2.74%	22.01%

Correlation

The correlation between KTEC and KEUA is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 6, 2021	0.10

Return for Risk

KTEC vs. KEUA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KTEC

KTEC Risk / Return Rank: 6
KTEC Sharpe Ratio Rank: 6
KTEC Sortino Ratio Rank: 6
KTEC Omega Ratio Rank: 6
KTEC Calmar Ratio Rank: 6
KTEC Martin Ratio Rank: 6

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. KEUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and KraneShares European Carbon Allowance Strategy ETF (KEUA). 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	KEUA	Difference
Sharpe ratio Return per unit of total volatility	-0.29	—	—
Sortino ratio Return per unit of downside risk	-0.24	—	—
Omega ratio Gain probability vs. loss probability	0.97	—	—
Calmar ratio Return relative to maximum drawdown	-0.28	—	—
Martin ratio Return relative to average drawdown	-0.50	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KTEC	KEUA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	—	—

Drawdowns

Drawdown Indicators

	KTEC	KEUA	Difference
Max Drawdown Largest peak-to-trough decline	-66.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-34.71%	—	—
Current Drawdown Current decline from peak	-43.95%	—	—
Average Drawdown Average peak-to-trough decline	-43.97%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.26%	—	—

Volatility

Volatility by Period

	KTEC	KEUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.22%	—	—

KTEC vs. KEUA - Expense Ratio Comparison

KTEC has a 0.69% expense ratio, which is lower than KEUA's 0.87% expense ratio.

Dividends

KTEC vs. KEUA - Dividend Comparison

KTEC's dividend yield for the trailing twelve months is around 3.78%, more than KEUA's 2.83% yield.

Position	TTM	2025	2024	2023	2022
KEUA KraneShares European Carbon Allowance Strategy ETF	2.83%	2.29%	7.71%	5.67%	0.00%
KTEC KraneShares Hang Seng TECH Index ETF	3.78%	3.36%	0.27%	0.81%	0.16%

Frequently Asked Questions

Can I hold both KTEC and KEUA in my portfolio?

KTEC and KEUA have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KTEC or KEUA?

On fees, KTEC is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KTEC or KEUA?

KTEC is cheaper with a 0.69% expense ratio, compared with 0.87% for KEUA.

Which ETF pays a higher dividend yield, KTEC or KEUA?

KTEC has the higher dividend yield at 3.78%, compared with 2.83% for KEUA.

What is the main difference between KTEC and KEUA?

KTEC is categorized as China Equities, while KEUA is Commodities. KTEC tracks Hang Seng Tech Index, while KEUA tracks S&P Carbon Credit EUA Index. Their fees differ too: 0.69% for KTEC and 0.87% for KEUA.