PIN vs. KBA
Compare and contrast key facts about Invesco India ETF (PIN) and KraneShares Bosera MSCI China A Share ETF (KBA).
PIN and KBA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PIN is a passively managed fund by Invesco that tracks the performance of the FTSE India Quality and Yield Select Net Tax (US RIC) Index. It was launched on Mar 5, 2008. KBA is a passively managed fund by CICC that tracks the performance of the MSCI China A Index. It was launched on Mar 5, 2014. Both PIN and KBA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIN or KBA.
Performance
PIN vs. KBA - Performance Comparison
Returns By Period
In the year-to-date period, PIN achieves a 8.87% return, which is significantly lower than KBA's 18.20% return. Over the past 10 years, PIN has outperformed KBA with an annualized return of 7.62%, while KBA has yielded a comparatively lower 2.93% annualized return.
PIN
8.87%
-4.42%
-0.64%
18.49%
12.71%
7.62%
KBA
18.20%
-4.49%
8.90%
15.29%
2.89%
2.93%
Key characteristics
| PIN | KBA | |
|---|---|---|
| Sharpe Ratio | 1.24 | 0.49 |
| Sortino Ratio | 1.66 | 0.93 |
| Omega Ratio | 1.24 | 1.13 |
| Calmar Ratio | 1.80 | 0.28 |
| Martin Ratio | 6.16 | 1.67 |
| Ulcer Index | 3.05% | 8.37% |
| Daily Std Dev | 15.12% | 28.37% |
| Max Drawdown | -64.54% | -53.24% |
| Current Drawdown | -10.41% | -34.82% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIN vs. KBA - Expense Ratio Comparison
PIN has a 0.78% expense ratio, which is higher than KBA's 0.60% expense ratio.
Correlation
The correlation between PIN and KBA is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
PIN vs. KBA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and KraneShares Bosera MSCI China A Share ETF (KBA). 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.
Dividends
PIN vs. KBA - Dividend Comparison
PIN's dividend yield for the trailing twelve months is around 1.53%, less than KBA's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIN Invesco India ETF | 1.53% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% | 0.48% |
KBA KraneShares Bosera MSCI China A Share ETF | 1.98% | 2.34% | 26.65% | 9.06% | 0.65% | 1.53% | 3.77% | 1.00% | 4.90% | 29.08% | 0.11% | 0.00% |
Drawdowns
PIN vs. KBA - Drawdown Comparison
The maximum PIN drawdown since its inception was -64.54%, which is greater than KBA's maximum drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for PIN and KBA. For additional features, visit the drawdowns tool.
Volatility
PIN vs. KBA - Volatility Comparison
The current volatility for Invesco India ETF (PIN) is 3.70%, while KraneShares Bosera MSCI China A Share ETF (KBA) has a volatility of 9.51%. This indicates that PIN experiences smaller price fluctuations and is considered to be less risky than KBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.