KTEC vs. MCHI
Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and iShares MSCI China ETF (MCHI).
KTEC and MCHI 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. MCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Index. It was launched on Mar 29, 2011. Both KTEC and MCHI 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 MCHI.
Correlation
The correlation between KTEC and MCHI 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. MCHI - Performance Comparison
Key characteristics
KTEC:
0.93
MCHI:
0.88
KTEC:
1.52
MCHI:
1.42
KTEC:
1.19
MCHI:
1.19
KTEC:
0.69
MCHI:
0.55
KTEC:
2.76
MCHI:
2.28
KTEC:
14.73%
MCHI:
13.37%
KTEC:
44.00%
MCHI:
34.81%
KTEC:
-66.90%
MCHI:
-62.84%
KTEC:
-40.71%
MCHI:
-41.74%
Returns By Period
In the year-to-date period, KTEC achieves a 13.69% return, which is significantly higher than MCHI's 10.78% return.
KTEC
13.69%
-6.06%
10.47%
31.42%
N/A
N/A
MCHI
10.78%
-4.87%
6.12%
25.46%
-1.04%
-0.03%
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KTEC vs. MCHI - Expense Ratio Comparison
KTEC has a 0.69% expense ratio, which is higher than MCHI's 0.59% expense ratio.
Risk-Adjusted Performance
KTEC vs. MCHI — Risk-Adjusted Performance Rank
KTEC
MCHI
KTEC vs. MCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) and iShares MSCI China ETF (MCHI). 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. MCHI - Dividend Comparison
KTEC's dividend yield for the trailing twelve months is around 0.24%, less than MCHI's 2.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTEC KraneShares Hang Seng TECH Index ETF | 0.24% | 0.27% | 0.81% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 2.08% | 2.31% | 3.49% | 2.16% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% |
Drawdowns
KTEC vs. MCHI - Drawdown Comparison
The maximum KTEC drawdown since its inception was -66.90%, which is greater than MCHI's maximum drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for KTEC and MCHI. For additional features, visit the drawdowns tool.
Volatility
KTEC vs. MCHI - Volatility Comparison
KraneShares Hang Seng TECH Index ETF (KTEC) has a higher volatility of 17.04% compared to iShares MSCI China ETF (MCHI) at 14.44%. This indicates that KTEC's price experiences larger fluctuations and is considered to be riskier than MCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.