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KWEB vs. MCHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KWEB and MCHI is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

KWEB vs. MCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares CSI China Internet ETF (KWEB) and iShares MSCI China ETF (MCHI). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
47.95%
48.04%
KWEB
MCHI

Key characteristics

Sharpe Ratio

KWEB:

0.58

MCHI:

0.93

Sortino Ratio

KWEB:

1.13

MCHI:

1.48

Omega Ratio

KWEB:

1.14

MCHI:

1.20

Calmar Ratio

KWEB:

0.34

MCHI:

0.58

Martin Ratio

KWEB:

1.59

MCHI:

2.42

Ulcer Index

KWEB:

15.63%

MCHI:

13.35%

Daily Std Dev

KWEB:

42.55%

MCHI:

34.84%

Max Drawdown

KWEB:

-80.92%

MCHI:

-62.84%

Current Drawdown

KWEB:

-65.04%

MCHI:

-41.67%

Returns By Period

In the year-to-date period, KWEB achieves a 9.68% return, which is significantly lower than MCHI's 10.90% return. Over the past 10 years, KWEB has underperformed MCHI with an annualized return of -0.52%, while MCHI has yielded a comparatively higher -0.29% annualized return.


KWEB

YTD

9.68%

1M

-8.81%

6M

4.31%

1Y

18.64%

5Y*

-5.34%

10Y*

-0.52%

MCHI

YTD

10.90%

1M

-5.51%

6M

6.52%

1Y

28.68%

5Y*

-0.79%

10Y*

-0.29%

*Annualized

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KWEB vs. MCHI - Expense Ratio Comparison

KWEB has a 0.76% expense ratio, which is higher than MCHI's 0.59% expense ratio.


Expense ratio chart for KWEB: current value is 0.76%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KWEB: 0.76%
Expense ratio chart for MCHI: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MCHI: 0.59%

Risk-Adjusted Performance

KWEB vs. MCHI — Risk-Adjusted Performance Rank

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

KWEB
The Risk-Adjusted Performance Rank of KWEB is 6262
Overall Rank
The Sharpe Ratio Rank of KWEB is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of KWEB is 7272
Sortino Ratio Rank
The Omega Ratio Rank of KWEB is 6868
Omega Ratio Rank
The Calmar Ratio Rank of KWEB is 5151
Calmar Ratio Rank
The Martin Ratio Rank of KWEB is 5454
Martin Ratio Rank

MCHI
The Risk-Adjusted Performance Rank of MCHI is 7676
Overall Rank
The Sharpe Ratio Rank of MCHI is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of MCHI is 8181
Sortino Ratio Rank
The Omega Ratio Rank of MCHI is 8181
Omega Ratio Rank
The Calmar Ratio Rank of MCHI is 6969
Calmar Ratio Rank
The Martin Ratio Rank of MCHI is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KWEB vs. MCHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) 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.


The chart of Sharpe ratio for KWEB, currently valued at 0.58, compared to the broader market-1.000.001.002.003.004.00
KWEB: 0.58
MCHI: 0.93
The chart of Sortino ratio for KWEB, currently valued at 1.13, compared to the broader market-2.000.002.004.006.008.00
KWEB: 1.13
MCHI: 1.48
The chart of Omega ratio for KWEB, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
KWEB: 1.14
MCHI: 1.20
The chart of Calmar ratio for KWEB, currently valued at 0.34, compared to the broader market0.002.004.006.008.0010.0012.00
KWEB: 0.34
MCHI: 0.58
The chart of Martin ratio for KWEB, currently valued at 1.59, compared to the broader market0.0020.0040.0060.00
KWEB: 1.59
MCHI: 2.42

The current KWEB Sharpe Ratio is 0.58, which is lower than the MCHI Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of KWEB and MCHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50NovemberDecember2025FebruaryMarchApril
0.58
0.93
KWEB
MCHI

Dividends

KWEB vs. MCHI - Dividend Comparison

KWEB's dividend yield for the trailing twelve months is around 3.20%, more than MCHI's 2.08% yield.


TTM20242023202220212020201920182017201620152014
KWEB
KraneShares CSI China Internet ETF
3.20%3.51%1.71%0.00%7.07%0.29%0.08%3.40%0.58%1.19%0.46%0.89%
MCHI
iShares MSCI China ETF
2.08%2.31%3.49%2.15%1.04%1.04%1.45%1.60%1.56%1.66%2.76%2.35%

Drawdowns

KWEB vs. MCHI - Drawdown Comparison

The maximum KWEB drawdown since its inception was -80.92%, which is greater than MCHI's maximum drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for KWEB and MCHI. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%NovemberDecember2025FebruaryMarchApril
-65.04%
-41.67%
KWEB
MCHI

Volatility

KWEB vs. MCHI - Volatility Comparison

KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 16.01% compared to iShares MSCI China ETF (MCHI) at 14.44%. This indicates that KWEB'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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
16.01%
14.44%
KWEB
MCHI