VLU vs. KWIN
VLU (SPDR S&P 1500 Value Tilt ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - VLU tracks the S&P 1500 Low Valuation Tilt Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. Their 0.07 correlation means their historical movements had little consistent relationship. VLU charges 0.12%/yr vs 0.51%/yr for KWIN.
Performance
VLU vs. KWIN - Performance Comparison
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Returns By Period
In the year-to-date period, VLU achieves a 19.00% return, which is significantly higher than KWIN's 2.05% return.
VLU
- 1D
- 1.12%
- 1M
- 3.66%
- 6M
- 12.67%
- YTD
- 19.00%
- 1Y
- 31.34%
- 3Y*
- 20.17%
- 5Y*
- 13.37%
- 10Y*
- 14.17%
- ALL TIME*
- 13.95%
KWIN
- 1D
- 0.04%
- 1M
- -1.00%
- 6M
- 1.58%
- YTD
- 2.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $331.04K | $313.65K | $441.61K | |
| $1.43M | $1.32M | $1.58M |
VLU vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VLU SPDR S&P 1500 Value Tilt ETF | 19.00% | 3.89% |
KWIN KraneShares Wahed Alternative Income Index ETF | 2.05% | 0.61% |
Correlation
The correlation between VLU and KWIN is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.07 |
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Return for Risk
VLU vs. KWIN — Risk / Return Rank
VLU
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VLU vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) 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.
| VLU | KWIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.55 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.97 | — | — |
| Martin ratioReturn relative to average drawdown | 20.62 | — | — |
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Drawdowns
VLU vs. KWIN - Drawdown Comparison
The maximum VLU drawdown since its inception was -37.39%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for VLU and KWIN.
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Drawdown Indicators
| VLU | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.39% | -1.58% | -35.81% |
Max Drawdown (1Y)Largest decline over 1 year | -6.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.39% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.00% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -0.34% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | — | — |
Volatility
VLU vs. KWIN - Volatility Comparison
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Volatility by Period
| VLU | KWIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.71% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 4.02% | +6.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 4.02% | +11.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.98% | 4.02% | +13.96% |
VLU vs. KWIN - Expense Ratio Comparison
VLU has a 0.12% expense ratio, which is lower than KWIN's 0.51% expense ratio.
Dividends
VLU vs. KWIN - Dividend Comparison
VLU's dividend yield for the trailing twelve months is around 1.56%, while KWIN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VLU SPDR S&P 1500 Value Tilt ETF | 1.56% | 1.82% | 2.00% | 2.02% | 2.16% | 1.86% | 1.98% | 2.19% | 2.57% | 1.96% | 2.14% | 6.37% |
Frequently Asked Questions
VLU and KWIN have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VLU is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VLU is cheaper with a 0.12% expense ratio, compared with 0.51% for KWIN.
VLU has the higher dividend yield at 1.56%, compared with 0.00% for KWIN.
VLU tracks S&P 1500 Low Valuation Tilt Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: State Street and KraneShares. Their fees differ too: 0.12% for VLU and 0.51% for KWIN.
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