PZLV vs. KWIN
PZLV (Pzena U.S. Large Cap Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. PZLV is actively managed, while KWIN is passively managed. At a correlation of -0.00, they often move in opposite directions. PZLV charges 0.60%/yr vs 0.51%/yr for KWIN.
Performance
PZLV vs. KWIN - Performance Comparison
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Returns By Period
PZLV
- 1D
- 1.69%
- 1M
- 4.06%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KWIN
- 1D
- 0.21%
- 1M
- 0.19%
- 6M
- 1.23%
- YTD
- 1.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PZLV vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PZLV Pzena U.S. Large Cap Value ETF | 18.94% |
KWIN KraneShares Wahed Alternative Income Index ETF | 0.84% |
Correlation
The correlation between PZLV and KWIN is -0.00, 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 Apr 1, 2026 | -0.00 |
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Return for Risk
PZLV vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pzena U.S. Large Cap Value ETF (PZLV) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
PZLV vs. KWIN - Drawdown Comparison
The maximum PZLV drawdown since its inception was -2.81%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for PZLV and KWIN.
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Drawdown Indicators
| PZLV | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.81% | -1.58% | -1.23% |
Current DrawdownCurrent decline from peak | 0.00% | -1.37% | +1.37% |
Average DrawdownAverage peak-to-trough decline | -0.73% | -0.27% | -0.46% |
Volatility
PZLV vs. KWIN - Volatility Comparison
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Volatility by Period
| PZLV | KWIN | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 14.35% | 4.14% | +10.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 4.14% | +10.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.35% | 4.14% | +10.21% |
PZLV vs. KWIN - Expense Ratio Comparison
PZLV has a 0.60% expense ratio, which is higher than KWIN's 0.51% expense ratio.
Dividends
PZLV vs. KWIN - Dividend Comparison
Neither PZLV nor KWIN has paid dividends to shareholders.
Frequently Asked Questions
PZLV and KWIN have a correlation of -0.00, 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 0.60% for PZLV.
PZLV and KWIN have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Pzena and KraneShares. Their fees differ too: 0.60% for PZLV and 0.51% for KWIN.
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