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

Correlation

The correlation between KWEB and YINN is 0.80, 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.


-0.50.00.51.00.8

Performance

KWEB vs. YINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares CSI China Internet ETF (KWEB) and Direxion Daily China 3x Bull Shares (YINN). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
38.21%
-93.10%
KWEB
YINN

Key characteristics

Sharpe Ratio

KWEB:

0.48

YINN:

0.55

Sortino Ratio

KWEB:

1.02

YINN:

1.48

Omega Ratio

KWEB:

1.12

YINN:

1.18

Calmar Ratio

KWEB:

0.25

YINN:

0.56

Martin Ratio

KWEB:

1.44

YINN:

1.87

Ulcer Index

KWEB:

13.22%

YINN:

29.44%

Daily Std Dev

KWEB:

39.83%

YINN:

99.89%

Max Drawdown

KWEB:

-80.92%

YINN:

-98.87%

Current Drawdown

KWEB:

-67.34%

YINN:

-97.70%

Returns By Period

In the year-to-date period, KWEB achieves a 14.77% return, which is significantly lower than YINN's 36.27% return. Over the past 10 years, KWEB has outperformed YINN with an annualized return of 0.81%, while YINN has yielded a comparatively lower -26.26% annualized return.


KWEB

YTD

14.77%

1M

-0.68%

6M

9.54%

1Y

15.13%

5Y*

-7.01%

10Y*

0.81%

YINN

YTD

36.27%

1M

0.57%

6M

19.33%

1Y

52.83%

5Y*

-41.15%

10Y*

-26.26%

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. YINN - Expense Ratio Comparison

KWEB has a 0.76% expense ratio, which is lower than YINN's 1.52% expense ratio.


YINN
Direxion Daily China 3x Bull Shares
Expense ratio chart for YINN: current value at 1.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.52%
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%

Risk-Adjusted Performance

KWEB vs. YINN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) and Direxion Daily China 3x Bull Shares (YINN). 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 0.48, compared to the broader market0.002.004.000.480.55
The chart of Sortino ratio for KWEB, currently valued at 1.02, compared to the broader market-2.000.002.004.006.008.0010.001.021.48
The chart of Omega ratio for KWEB, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.18
The chart of Calmar ratio for KWEB, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.250.56
The chart of Martin ratio for KWEB, currently valued at 1.44, compared to the broader market0.0020.0040.0060.0080.00100.001.441.87
KWEB
YINN

The current KWEB Sharpe Ratio is 0.48, which is comparable to the YINN Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of KWEB and YINN, 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-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.48
0.55
KWEB
YINN

Dividends

KWEB vs. YINN - Dividend Comparison

KWEB's dividend yield for the trailing twelve months is around 3.56%, more than YINN's 0.70% yield.


TTM20232022202120202019201820172016201520142013
KWEB
KraneShares CSI China Internet ETF
3.56%1.71%0.00%7.07%0.29%0.08%3.40%0.58%1.19%0.46%0.89%0.31%
YINN
Direxion Daily China 3x Bull Shares
0.70%4.17%1.16%0.73%0.76%1.38%1.02%1.11%0.00%0.00%0.19%0.00%

Drawdowns

KWEB vs. YINN - Drawdown Comparison

The maximum KWEB drawdown since its inception was -80.92%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for KWEB and YINN. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%JulyAugustSeptemberOctoberNovemberDecember
-67.34%
-97.70%
KWEB
YINN

Volatility

KWEB vs. YINN - Volatility Comparison

The current volatility for KraneShares CSI China Internet ETF (KWEB) is 13.07%, while Direxion Daily China 3x Bull Shares (YINN) has a volatility of 30.51%. This indicates that KWEB experiences smaller price fluctuations and is considered to be less risky than YINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
13.07%
30.51%
KWEB
YINN
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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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