PortfoliosLab logo
PGJ vs. KWEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PGJ and KWEB is 0.50, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

PGJ vs. KWEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Golden Dragon China ETF (PGJ) and KraneShares CSI China Internet ETF (KWEB). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
27.62%
47.95%
PGJ
KWEB

Key characteristics

Sharpe Ratio

PGJ:

0.50

KWEB:

0.58

Sortino Ratio

PGJ:

1.00

KWEB:

1.13

Omega Ratio

PGJ:

1.12

KWEB:

1.14

Calmar Ratio

PGJ:

0.26

KWEB:

0.34

Martin Ratio

PGJ:

1.36

KWEB:

1.59

Ulcer Index

PGJ:

14.25%

KWEB:

15.63%

Daily Std Dev

PGJ:

38.54%

KWEB:

42.55%

Max Drawdown

PGJ:

-78.37%

KWEB:

-80.92%

Current Drawdown

PGJ:

-65.03%

KWEB:

-65.04%

Returns By Period

In the year-to-date period, PGJ achieves a 4.26% return, which is significantly lower than KWEB's 9.68% return. Over the past 10 years, PGJ has underperformed KWEB with an annualized return of -0.92%, while KWEB has yielded a comparatively higher -0.52% annualized return.


PGJ

YTD

4.26%

1M

-9.54%

6M

3.49%

1Y

15.75%

5Y*

-5.62%

10Y*

-0.92%

KWEB

YTD

9.68%

1M

-8.81%

6M

4.31%

1Y

18.64%

5Y*

-5.34%

10Y*

-0.52%

*Annualized

Compare stocks, funds, or ETFs

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


PGJ vs. KWEB - Expense Ratio Comparison

PGJ has a 0.70% expense ratio, which is lower than KWEB's 0.76% expense ratio.


Expense ratio chart for KWEB: current value is 0.76%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KWEB: 0.76%
Expense ratio chart for PGJ: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PGJ: 0.70%

Risk-Adjusted Performance

PGJ vs. KWEB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGJ
The Risk-Adjusted Performance Rank of PGJ is 5757
Overall Rank
The Sharpe Ratio Rank of PGJ is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of PGJ is 6767
Sortino Ratio Rank
The Omega Ratio Rank of PGJ is 6161
Omega Ratio Rank
The Calmar Ratio Rank of PGJ is 4545
Calmar Ratio Rank
The Martin Ratio Rank of PGJ is 5050
Martin Ratio Rank

KWEB
The Risk-Adjusted Performance Rank of KWEB is 6262
Overall Rank
The Sharpe Ratio Rank of KWEB is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of KWEB is 7272
Sortino Ratio Rank
The Omega Ratio Rank of KWEB is 6868
Omega Ratio Rank
The Calmar Ratio Rank of KWEB is 5151
Calmar Ratio Rank
The Martin Ratio Rank of KWEB is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PGJ vs. KWEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Golden Dragon China ETF (PGJ) and KraneShares CSI China Internet ETF (KWEB). 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.


The chart of Sharpe ratio for PGJ, currently valued at 0.50, compared to the broader market-1.000.001.002.003.004.00
PGJ: 0.50
KWEB: 0.58
The chart of Sortino ratio for PGJ, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.00
PGJ: 1.00
KWEB: 1.13
The chart of Omega ratio for PGJ, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
PGJ: 1.12
KWEB: 1.14
The chart of Calmar ratio for PGJ, currently valued at 0.26, compared to the broader market0.002.004.006.008.0010.0012.00
PGJ: 0.26
KWEB: 0.34
The chart of Martin ratio for PGJ, currently valued at 1.36, compared to the broader market0.0020.0040.0060.00
PGJ: 1.36
KWEB: 1.59

The current PGJ Sharpe Ratio is 0.50, which is comparable to the KWEB Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of PGJ and KWEB, 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 Ratio0.000.501.00NovemberDecember2025FebruaryMarchApril
0.50
0.58
PGJ
KWEB

Dividends

PGJ vs. KWEB - Dividend Comparison

PGJ's dividend yield for the trailing twelve months is around 4.79%, more than KWEB's 3.20% yield.


TTM20242023202220212020201920182017201620152014
PGJ
Invesco Golden Dragon China ETF
4.79%4.70%2.50%0.84%0.00%0.31%0.17%0.31%2.05%1.94%0.37%0.89%
KWEB
KraneShares CSI China Internet ETF
3.20%3.51%1.71%0.00%7.07%0.29%0.08%3.40%0.58%1.19%0.46%0.89%

Drawdowns

PGJ vs. KWEB - Drawdown Comparison

The maximum PGJ drawdown since its inception was -78.37%, roughly equal to the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for PGJ and KWEB. For additional features, visit the drawdowns tool.


-70.00%-68.00%-66.00%-64.00%-62.00%-60.00%-58.00%NovemberDecember2025FebruaryMarchApril
-65.03%
-65.04%
PGJ
KWEB

Volatility

PGJ vs. KWEB - Volatility Comparison

The current volatility for Invesco Golden Dragon China ETF (PGJ) is 15.07%, while KraneShares CSI China Internet ETF (KWEB) has a volatility of 16.01%. This indicates that PGJ experiences smaller price fluctuations and is considered to be less risky than KWEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
15.07%
16.01%
PGJ
KWEB