VOOV vs. KWIN

Last updated Jul 15, 2026

VOOV (Vanguard S&P 500 Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - VOOV tracks the S&P 500 Value Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.07 correlation, their price movements are largely independent. VOOV charges 0.07%/yr vs 0.51%/yr for KWIN.

Performance

VOOV vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 Value ETF (VOOV) 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, VOOV achieves a 9.30% return, which is significantly higher than KWIN's 1.72% return.

VOOV

• 1D: -0.46%
• 1M: 0.92%
• 6M: 6.95%
• YTD: 9.30%
• 1Y: 18.32%
• 3Y*: 14.16%
• 5Y*: 11.42%
• 10Y*: 11.62%

KWIN

• 1D: 0.13%
• 1M: 0.25%
• 6M: 1.37%
• YTD: 1.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VOOV vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
VOOV Vanguard S&P 500 Value ETF	9.30%	2.64%
KWIN KraneShares Wahed Alternative Income Index ETF	1.72%	0.61%

Correlation

The correlation between VOOV and KWIN is 0.07, 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 Nov 5, 2025	0.07

Return for Risk

VOOV vs. KWIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VOOV

VOOV Risk / Return Rank: 73
VOOV Sharpe Ratio Rank: 73
VOOV Sortino Ratio Rank: 72
VOOV Omega Ratio Rank: 71
VOOV Calmar Ratio Rank: 73
VOOV Martin Ratio Rank: 76

KWIN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VOOV vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Value ETF (VOOV) 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.

	VOOV	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	1.86	—	—
Sortino ratio: Return per unit of downside risk	2.60	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.93	—	—
Martin ratio: Return relative to average drawdown	11.11	—	—

Drawdowns

VOOV vs. KWIN - Drawdown Comparison

The maximum VOOV drawdown since its inception was -37.31%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for VOOV and KWIN.

Drawdown Indicators

	VOOV	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-37.31%	-1.50%	-35.81%
Max Drawdown (1Y) Largest decline over 1 year	-6.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.31%	—	—
Current Drawdown Current decline from peak	-0.48%	-1.32%	+0.84%
Average Drawdown Average peak-to-trough decline	-3.82%	-0.26%	-3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	—	—

Volatility

Volatility by Period

	VOOV	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.90%	4.15%	+5.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	4.15%	+10.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	4.15%	+12.73%

VOOV vs. KWIN - Expense Ratio Comparison

VOOV has a 0.07% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

VOOV vs. KWIN - Dividend Comparison

VOOV's dividend yield for the trailing twelve months is around 1.68%, 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%
VOOV Vanguard S&P 500 Value ETF	1.68%	1.76%	2.10%	1.69%	2.19%	1.87%	2.45%	2.10%	2.65%	2.13%	2.24%	2.36%

Frequently Asked Questions

Can I hold both VOOV and KWIN in my portfolio?

VOOV 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.

Which ETF is better, VOOV or KWIN?

On fees, VOOV is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VOOV or KWIN?

VOOV is cheaper with a 0.07% expense ratio, compared with 0.51% for KWIN.

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

VOOV has the higher dividend yield at 1.68%, compared with 0.00% for KWIN.

What is the main difference between VOOV and KWIN?

VOOV tracks S&P 500 Value Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Vanguard and KraneShares. Their fees differ too: 0.07% for VOOV and 0.51% for KWIN.