WEX vs. KTEC
Compare and contrast key facts about WEX Inc. (WEX) and KraneShares Hang Seng TECH Index ETF (KTEC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEX or KTEC.
Correlation
The correlation between WEX and KTEC is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WEX vs. KTEC - Performance Comparison
Key characteristics
WEX:
-0.90
KTEC:
1.64
WEX:
-1.04
KTEC:
2.32
WEX:
0.82
KTEC:
1.29
WEX:
-0.82
KTEC:
1.08
WEX:
-1.41
KTEC:
4.80
WEX:
21.88%
KTEC:
13.75%
WEX:
34.37%
KTEC:
40.24%
WEX:
-78.96%
KTEC:
-66.90%
WEX:
-36.88%
KTEC:
-33.41%
Returns By Period
In the year-to-date period, WEX achieves a -12.80% return, which is significantly lower than KTEC's 27.67% return.
WEX
-12.80%
-16.66%
-15.98%
-30.84%
-8.00%
3.86%
KTEC
27.67%
23.91%
59.51%
65.82%
N/A
N/A
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Risk-Adjusted Performance
WEX vs. KTEC — Risk-Adjusted Performance Rank
WEX
KTEC
WEX vs. KTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WEX Inc. (WEX) 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
WEX vs. KTEC - Dividend Comparison
WEX has not paid dividends to shareholders, while KTEC's dividend yield for the trailing twelve months is around 0.21%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
WEX WEX Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
KTEC KraneShares Hang Seng TECH Index ETF | 0.21% | 0.27% | 0.81% | 0.16% |
Drawdowns
WEX vs. KTEC - Drawdown Comparison
The maximum WEX drawdown since its inception was -78.96%, which is greater than KTEC's maximum drawdown of -66.90%. Use the drawdown chart below to compare losses from any high point for WEX and KTEC. For additional features, visit the drawdowns tool.
Volatility
WEX vs. KTEC - Volatility Comparison
WEX Inc. (WEX) has a higher volatility of 22.01% compared to KraneShares Hang Seng TECH Index ETF (KTEC) at 9.39%. This indicates that WEX's price experiences larger fluctuations and is considered to be riskier than KTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.