TCHI vs. KTEC
Compare and contrast key facts about iShares MSCI China Multisector Tech ETF (TCHI) and KraneShares Hang Seng TECH Index ETF (KTEC).
TCHI and KTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net. It was launched on Jan 25, 2022. KTEC is a passively managed fund by KraneShares that tracks the performance of the Hang Seng Tech Index. It was launched on Jun 8, 2021. Both TCHI and KTEC 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: TCHI or KTEC.
Correlation
The correlation between TCHI and KTEC is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TCHI vs. KTEC - Performance Comparison
Key characteristics
TCHI:
1.18
KTEC:
1.64
TCHI:
1.87
KTEC:
2.32
TCHI:
1.23
KTEC:
1.29
TCHI:
1.04
KTEC:
1.08
TCHI:
3.10
KTEC:
4.80
TCHI:
12.79%
KTEC:
13.75%
TCHI:
33.46%
KTEC:
40.24%
TCHI:
-43.96%
KTEC:
-66.90%
TCHI:
-8.95%
KTEC:
-33.41%
Returns By Period
In the year-to-date period, TCHI achieves a 17.45% return, which is significantly lower than KTEC's 27.67% return.
TCHI
17.45%
16.93%
40.93%
40.50%
N/A
N/A
KTEC
27.67%
23.91%
59.51%
65.82%
N/A
N/A
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TCHI vs. KTEC - Expense Ratio Comparison
TCHI has a 0.59% expense ratio, which is lower than KTEC's 0.69% expense ratio.
Risk-Adjusted Performance
TCHI vs. KTEC — Risk-Adjusted Performance Rank
TCHI
KTEC
TCHI vs. KTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and KraneShares Hang Seng TECH Index ETF (KTEC). 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
TCHI vs. KTEC - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.12%, more than KTEC's 0.21% yield.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | 2.12% | 2.49% | 4.28% | 1.06% |
KTEC KraneShares Hang Seng TECH Index ETF | 0.21% | 0.27% | 0.81% | 0.16% |
Drawdowns
TCHI vs. KTEC - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum KTEC drawdown of -66.90%. Use the drawdown chart below to compare losses from any high point for TCHI and KTEC. For additional features, visit the drawdowns tool.
Volatility
TCHI vs. KTEC - Volatility Comparison
The current volatility for iShares MSCI China Multisector Tech ETF (TCHI) is 7.96%, while KraneShares Hang Seng TECH Index ETF (KTEC) has a volatility of 9.39%. This indicates that TCHI experiences smaller price fluctuations and is considered to be less risky than KTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.