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

Correlation

The correlation between KWEB and XBI is 0.43, 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.


-0.50.00.51.00.4

Performance

KWEB vs. XBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares CSI China Internet ETF (KWEB) and SPDR S&P Biotech ETF (XBI). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
7.66%
0.18%
KWEB
XBI

Key characteristics

Sharpe Ratio

KWEB:

0.41

XBI:

0.26

Sortino Ratio

KWEB:

0.92

XBI:

0.54

Omega Ratio

KWEB:

1.11

XBI:

1.06

Calmar Ratio

KWEB:

0.22

XBI:

0.13

Martin Ratio

KWEB:

1.26

XBI:

0.83

Ulcer Index

KWEB:

13.10%

XBI:

8.11%

Daily Std Dev

KWEB:

39.94%

XBI:

26.35%

Max Drawdown

KWEB:

-80.92%

XBI:

-63.89%

Current Drawdown

KWEB:

-67.53%

XBI:

-48.22%

Returns By Period

In the year-to-date period, KWEB achieves a 14.08% return, which is significantly higher than XBI's 0.86% return. Over the past 10 years, KWEB has underperformed XBI with an annualized return of 0.58%, while XBI has yielded a comparatively higher 3.74% annualized return.


KWEB

YTD

14.08%

1M

-0.12%

6M

6.99%

1Y

15.08%

5Y*

-7.13%

10Y*

0.58%

XBI

YTD

0.86%

1M

-2.21%

6M

0.40%

1Y

4.11%

5Y*

-1.37%

10Y*

3.74%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


KWEB vs. XBI - Expense Ratio Comparison

KWEB has a 0.76% expense ratio, which is higher than XBI's 0.35% expense ratio.


KWEB
KraneShares CSI China Internet ETF
Expense ratio chart for KWEB: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%
Expense ratio chart for XBI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

KWEB vs. XBI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) and SPDR S&P Biotech ETF (XBI). 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.


Sharpe ratio
The chart of Sharpe ratio for KWEB, currently valued at 0.41, compared to the broader market0.002.004.000.410.26
The chart of Sortino ratio for KWEB, currently valued at 0.92, compared to the broader market-2.000.002.004.006.008.0010.000.920.54
The chart of Omega ratio for KWEB, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.06
The chart of Calmar ratio for KWEB, currently valued at 0.22, compared to the broader market0.005.0010.0015.000.220.13
The chart of Martin ratio for KWEB, currently valued at 1.26, compared to the broader market0.0020.0040.0060.0080.00100.001.260.83
KWEB
XBI

The current KWEB Sharpe Ratio is 0.41, which is higher than the XBI Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of KWEB and XBI, 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 Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.41
0.26
KWEB
XBI

Dividends

KWEB vs. XBI - Dividend Comparison

KWEB's dividend yield for the trailing twelve months is around 3.58%, more than XBI's 0.14% yield.


TTM20232022202120202019201820172016201520142013
KWEB
KraneShares CSI China Internet ETF
3.58%1.71%0.00%7.07%0.29%0.08%3.40%0.58%1.19%0.46%0.89%0.31%
XBI
SPDR S&P Biotech ETF
0.14%0.02%0.00%0.04%0.20%0.00%0.28%0.24%0.26%0.61%1.07%0.17%

Drawdowns

KWEB vs. XBI - Drawdown Comparison

The maximum KWEB drawdown since its inception was -80.92%, which is greater than XBI's maximum drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for KWEB and XBI. For additional features, visit the drawdowns tool.


-75.00%-70.00%-65.00%-60.00%-55.00%-50.00%-45.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-67.53%
-48.22%
KWEB
XBI

Volatility

KWEB vs. XBI - Volatility Comparison

KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 13.19% compared to SPDR S&P Biotech ETF (XBI) at 7.92%. This indicates that KWEB's price experiences larger fluctuations and is considered to be riskier than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.19%
7.92%
KWEB
XBI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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