SPXD vs. KWIN

Last updated Jul 18, 2026

SPXD (Xtrackers S&P 500 Diversified Sector Weight ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - SPXD tracks the S&P 500 Diversified Sector Weight Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. SPXD charges 0.09%/yr vs 0.51%/yr for KWIN.

Performance

SPXD vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) 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, SPXD achieves a 11.56% return, which is significantly higher than KWIN's 1.68% return.

SPXD

• 1D: -0.55%
• 1M: 1.74%
• 6M: 7.60%
• YTD: 11.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: 0.01%
• 1M: 0.21%
• 6M: 1.33%
• YTD: 1.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPXD vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	11.56%	3.53%
KWIN KraneShares Wahed Alternative Income Index ETF	1.68%	0.61%

Correlation

The correlation between SPXD and KWIN is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.11

Return for Risk

SPXD vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) 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.

Drawdowns

SPXD vs. KWIN - Drawdown Comparison

The maximum SPXD drawdown since its inception was -7.53%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for SPXD and KWIN.

Drawdown Indicators

	SPXD	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-7.53%	-1.58%	-5.95%
Current Drawdown Current decline from peak	-0.68%	-1.36%	+0.68%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.28%	-0.88%

Volatility

Volatility by Period

	SPXD	KWIN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	4.13%	+6.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.68%	4.13%	+6.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.68%	4.13%	+6.55%

SPXD vs. KWIN - Expense Ratio Comparison

SPXD has a 0.09% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

SPXD vs. KWIN - Dividend Comparison

SPXD's dividend yield for the trailing twelve months is around 1.39%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	1.39%	0.76%

Frequently Asked Questions

Can I hold both SPXD and KWIN in my portfolio?

SPXD and KWIN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPXD or KWIN?

On fees, SPXD is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPXD or KWIN?

SPXD is cheaper with a 0.09% expense ratio, compared with 0.51% for KWIN.

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

SPXD has the higher dividend yield at 1.39%, compared with 0.00% for KWIN.

What is the main difference between SPXD and KWIN?

SPXD tracks S&P 500 Diversified Sector Weight Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Xtrackers and KraneShares. Their fees differ too: 0.09% for SPXD and 0.51% for KWIN.