KWIN vs. KARS
KWIN (KraneShares Wahed Alternative Income Index ETF) and KARS (KraneShares Electric Vehicles and Future Mobility Index ETF) are both exchange-traded funds - KWIN is a Large Cap Value Equities fund tracking the Wahed Alternative Income Index, while KARS is a Industrials Equities fund tracking the Bloomberg Electric Vehicles Index. Both are passively managed. At a 0.08 correlation, their price movements are largely independent. KWIN charges 0.51%/yr vs 0.72%/yr for KARS.
Performance
KWIN vs. KARS - Performance Comparison
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Returns By Period
In the year-to-date period, KWIN achieves a 1.30% return, which is significantly lower than KARS's 3.24% return.
KWIN
- 1D
- -0.21%
- 1M
- -0.09%
- YTD
- 1.30%
- 6M
- 1.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KARS
- 1D
- 0.73%
- 1M
- -12.42%
- YTD
- 3.24%
- 6M
- 2.07%
- 1Y
- 43.80%
- 3Y*
- 0.95%
- 5Y*
- -5.56%
- 10Y*
- —
KWIN vs. KARS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KWIN KraneShares Wahed Alternative Income Index ETF | 1.30% | 0.61% |
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 3.24% | 2.09% |
Correlation
The correlation between KWIN and KARS is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.08 |
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Return for Risk
KWIN vs. KARS — Risk / Return Rank
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KARS
KWIN vs. KARS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Wahed Alternative Income Index ETF (KWIN) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KWIN | KARS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.24 | — |
| Martin ratioReturn relative to average drawdown | — | 8.49 | — |
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Drawdowns
KWIN vs. KARS - Drawdown Comparison
The maximum KWIN drawdown since its inception was -0.93%, smaller than the maximum KARS drawdown of -64.85%. Use the drawdown chart below to compare losses from any high point for KWIN and KARS.
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Drawdown Indicators
| KWIN | KARS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.93% | -64.85% | +63.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.65% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -47.79% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -64.85% | — |
Current DrawdownCurrent decline from peak | -0.27% | -37.07% | +36.80% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -28.36% | +28.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.17% | — |
Volatility
KWIN vs. KARS - Volatility Comparison
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Volatility by Period
| KWIN | KARS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.49% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 27.88% | -24.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.31% | 30.12% | -26.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.31% | 29.41% | -26.10% |
KWIN vs. KARS - Expense Ratio Comparison
KWIN has a 0.51% expense ratio, which is lower than KARS's 0.72% expense ratio.
Dividends
KWIN vs. KARS - Dividend Comparison
KWIN has not paid dividends to shareholders, while KARS's dividend yield for the trailing twelve months is around 0.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
KARS KraneShares Electric Vehicles and Future Mobility Index ETF | 0.18% | 0.18% | 0.78% | 0.88% | 1.13% | 6.73% | 0.14% | 1.85% | 1.38% |
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KWIN and KARS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KWIN is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KWIN is cheaper with a 0.51% expense ratio, compared with 0.72% for KARS.
KARS has the higher dividend yield at 0.18%, compared with 0.00% for KWIN.
KWIN is categorized as Large Cap Value Equities, while KARS is Industrials Equities. KWIN tracks Wahed Alternative Income Index, while KARS tracks Bloomberg Electric Vehicles Index. Their fees differ too: 0.51% for KWIN and 0.72% for KARS.
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