LGCF vs. KWIN

Last updated Aug 2, 2026

LGCF (Themes US Cash Flow Champions ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - LGCF tracks the Solactive US Cash Flow Champions Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. Their 0.18 correlation means their historical movements had little consistent relationship. LGCF charges 0.29%/yr vs 0.51%/yr for KWIN.

Performance

LGCF vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes US Cash Flow Champions ETF (LGCF) and KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGCF achieves a 9.78% return, which is significantly higher than KWIN's 2.05% return.

LGCF

• 1D: -0.06%
• 1M: 2.97%
• 6M: 8.45%
• YTD: 9.78%
• 1Y: 21.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.94%

KWIN

• 1D: 0.27%
• 1M: -1.00%
• 6M: 1.90%
• YTD: 2.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KWIN KraneShares Wahed Alternative Income Index ETF	$349.84K	$511.88K	$448.46K
LGCF Themes US Cash Flow Champions ETF	$3.08K	$4.14K	$25.50K

LGCF vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
LGCF Themes US Cash Flow Champions ETF	9.78%	4.67%
KWIN KraneShares Wahed Alternative Income Index ETF	2.05%	0.61%

Correlation

The correlation between LGCF and KWIN is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.18

Return for Risk

LGCF vs. KWIN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LGCF

LGCF Risk / Return Rank: 76
LGCF Sharpe Ratio Rank: 70
LGCF Sortino Ratio Rank: 68
LGCF Omega Ratio Rank: 72
LGCF Calmar Ratio Rank: 87
LGCF Martin Ratio Rank: 82

KWIN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LGCF vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes US Cash Flow Champions ETF (LGCF) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.

	LGCF	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	3.53	—	—
Martin ratio: Return relative to average drawdown	11.15	—	—

Drawdowns

LGCF vs. KWIN - Drawdown Comparison

The maximum LGCF drawdown since its inception was -16.67%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for LGCF and KWIN.

Drawdown Indicators

	LGCF	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-1.58%	-15.09%
Max Drawdown (1Y) Largest decline over 1 year	-5.75%	—	—
Current Drawdown Current decline from peak	-1.12%	-1.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-2.12%	-0.33%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	—	—

Volatility

Volatility by Period

	LGCF	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	4.04%	+8.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.89%	4.04%	+10.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	4.04%	+10.85%

LGCF vs. KWIN - Expense Ratio Comparison

LGCF has a 0.29% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

LGCF vs. KWIN - Dividend Comparison

LGCF's dividend yield for the trailing twelve months is around 1.67%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025	2024
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%	0.00%
LGCF Themes US Cash Flow Champions ETF	1.67%	1.84%	1.19%

Frequently Asked Questions

Can I hold both LGCF and KWIN in my portfolio?

LGCF and KWIN have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGCF or KWIN?

On fees, LGCF is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LGCF or KWIN?

LGCF is cheaper with a 0.29% expense ratio, compared with 0.51% for KWIN.

Which ETF pays a higher dividend yield, LGCF or KWIN?

LGCF has the higher dividend yield at 1.67%, compared with 0.00% for KWIN.

What is the main difference between LGCF and KWIN?

LGCF tracks Solactive US Cash Flow Champions Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Themes and KraneShares. Their fees differ too: 0.29% for LGCF and 0.51% for KWIN.