MCTS.L vs. KARP.L
Compare and contrast key facts about Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc (MCTS.L) and KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L).
MCTS.L and KARP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MCTS.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 11, 2021. KARP.L is a passively managed fund by Waystone Management that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on May 25, 2022. Both MCTS.L and KARP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
MCTS.L vs. KARP.L - Performance Comparison
Loading graphics...
MCTS.L vs. KARP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MCTS.L Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc | -6.14% | 23.52% | 22.51% | -23.51% | -15.08% |
KARP.L KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD | 5.52% | 33.35% | -17.39% | -12.26% | -21.62% |
Different Trading Currencies
MCTS.L is traded in GBp, while KARP.L is traded in GBP. To make them comparable, the KARP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MCTS.L achieves a -6.14% return, which is significantly lower than KARP.L's 5.52% return.
MCTS.L
- 1D
- 0.55%
- 1M
- -1.93%
- YTD
- -6.14%
- 6M
- -16.17%
- 1Y
- 3.09%
- 3Y*
- 2.21%
- 5Y*
- —
- 10Y*
- —
KARP.L
- 1D
- 2.34%
- 1M
- -0.07%
- YTD
- 5.52%
- 6M
- 4.41%
- 1Y
- 45.58%
- 3Y*
- -1.19%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MCTS.L vs. KARP.L - Expense Ratio Comparison
MCTS.L has a 0.49% expense ratio, which is lower than KARP.L's 0.72% expense ratio.
Return for Risk
MCTS.L vs. KARP.L — Risk / Return Rank
MCTS.L
KARP.L
MCTS.L vs. KARP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc (MCTS.L) and KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L). 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.
| MCTS.L | KARP.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.06 | 1.84 | -1.78 |
Sortino ratioReturn per unit of downside risk | 0.48 | 2.37 | -1.90 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.31 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.13 | 4.78 | -4.64 |
Martin ratioReturn relative to average drawdown | 0.24 | 11.74 | -11.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MCTS.L | KARP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 1.84 | -1.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | -0.24 | +0.09 |
Correlation
The correlation between MCTS.L and KARP.L is 0.69, 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.
Dividends
MCTS.L vs. KARP.L - Dividend Comparison
Neither MCTS.L nor KARP.L has paid dividends to shareholders.
Drawdowns
MCTS.L vs. KARP.L - Drawdown Comparison
The maximum MCTS.L drawdown since its inception was -59.88%, which is greater than KARP.L's maximum drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for MCTS.L and KARP.L.
Loading graphics...
Drawdown Indicators
| MCTS.L | KARP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.88% | -56.63% | -3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -35.24% | -13.28% | -21.96% |
Current DrawdownCurrent decline from peak | -34.19% | -26.53% | -7.66% |
Average DrawdownAverage peak-to-trough decline | -36.44% | -35.49% | -0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.83% | 3.97% | +15.86% |
Volatility
MCTS.L vs. KARP.L - Volatility Comparison
The current volatility for Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc (MCTS.L) is 5.84%, while KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) has a volatility of 6.20%. This indicates that MCTS.L experiences smaller price fluctuations and is considered to be less risky than KARP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MCTS.L | KARP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.84% | 6.20% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 42.38% | 17.10% | +25.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.57% | 24.67% | +22.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.64% | 24.97% | +19.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.64% | 24.97% | +19.67% |