KWEB vs. EMQQ
Compare and contrast key facts about KraneShares CSI China Internet ETF (KWEB) and Emerging Markets Internet & Ecommerce ETF (EMQQ).
KWEB and EMQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013. EMQQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the EMQQ The Emerging Markets Internet & Ecommerce Index. It was launched on Nov 13, 2014. Both KWEB and EMQQ 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: KWEB or EMQQ.
Key characteristics
| KWEB | EMQQ | |
|---|---|---|
| YTD Return | 3.22% | 5.42% |
| 1Y Return | 1.72% | 10.07% |
| 3Y Return (Ann) | -26.08% | -19.97% |
| 5Y Return (Ann) | -8.94% | -0.61% |
| Sharpe Ratio | 0.04 | 0.40 |
| Daily Std Dev | 35.16% | 24.54% |
| Max Drawdown | -80.92% | -73.24% |
| Current Drawdown | -70.63% | -59.55% |
Correlation
The correlation between KWEB and EMQQ is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KWEB vs. EMQQ - Performance Comparison
In the year-to-date period, KWEB achieves a 3.22% return, which is significantly lower than EMQQ's 5.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KWEB vs. EMQQ - Expense Ratio Comparison
KWEB has a 0.76% expense ratio, which is lower than EMQQ's 0.86% expense ratio.
Risk-Adjusted Performance
KWEB vs. EMQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) and Emerging Markets Internet & Ecommerce ETF (EMQQ). 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
KWEB vs. EMQQ - Dividend Comparison
KWEB's dividend yield for the trailing twelve months is around 1.65%, more than EMQQ's 0.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWEB KraneShares CSI China Internet ETF | 1.65% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
EMQQ Emerging Markets Internet & Ecommerce ETF | 0.75% | 0.80% | 0.00% | 0.00% | 0.18% | 1.29% | 0.00% | 0.94% | 0.75% | 0.08% | 0.00% | 0.00% |
Drawdowns
KWEB vs. EMQQ - Drawdown Comparison
The maximum KWEB drawdown since its inception was -80.92%, which is greater than EMQQ's maximum drawdown of -73.24%. Use the drawdown chart below to compare losses from any high point for KWEB and EMQQ. For additional features, visit the drawdowns tool.
Volatility
KWEB vs. EMQQ - Volatility Comparison
KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 8.75% compared to Emerging Markets Internet & Ecommerce ETF (EMQQ) at 6.17%. This indicates that KWEB's price experiences larger fluctuations and is considered to be riskier than EMQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.