WSHR.NEO vs. KNGG.TO

Last updated Jun 5, 2026

WSHR.NEO (Wealthsimple Shariah World Equity Index ETF) and KNGG.TO (Brompton Global Cash Flow Kings ETF) are both Global Equities funds. WSHR.NEO is passively managed, while KNGG.TO is actively managed. At a 0.16 correlation, their price movements are largely independent.

Performance

WSHR.NEO vs. KNGG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) and Brompton Global Cash Flow Kings ETF (KNGG.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WSHR.NEO

• 1D: 0.27%
• 1M: 3.61%
• YTD: 5.97%
• 6M: 4.74%
• 1Y: 9.08%
• 3Y*: 9.32%
• 5Y*: 7.02%
• 10Y*: —

KNGG.TO

• 1D: 0.65%
• 1M: 5.68%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WSHR.NEO vs. KNGG.TO - Yearly Performance Comparison

	2026 (YTD)
WSHR.NEO Wealthsimple Shariah World Equity Index ETF	6.37%
KNGG.TO Brompton Global Cash Flow Kings ETF	6.72%

Correlation

The correlation between WSHR.NEO and KNGG.TO is 0.16, 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 Apr 1, 2026	0.16

Return for Risk

WSHR.NEO vs. KNGG.TO — Risk / Return Rank

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

WSHR.NEO

WSHR.NEO Risk / Return Rank: 24
WSHR.NEO Sharpe Ratio Rank: 24
WSHR.NEO Sortino Ratio Rank: 23
WSHR.NEO Omega Ratio Rank: 24
WSHR.NEO Calmar Ratio Rank: 23
WSHR.NEO Martin Ratio Rank: 26

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.

WSHR.NEO vs. KNGG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) and Brompton Global Cash Flow Kings ETF (KNGG.TO). 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.

	WSHR.NEO	KNGG.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.82	—	—
Sortino ratio: Return per unit of downside risk	1.19	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.02	—	—
Martin ratio: Return relative to average drawdown	3.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WSHR.NEO	KNGG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	2.76	-2.06

Drawdowns

WSHR.NEO vs. KNGG.TO - Drawdown Comparison

The maximum WSHR.NEO drawdown since its inception was -20.86%, which is greater than KNGG.TO's maximum drawdown of -3.26%. Use the drawdown chart below to compare losses from any high point for WSHR.NEO and KNGG.TO.

Drawdown Indicators

	WSHR.NEO	KNGG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-3.26%	-17.60%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.86%	—	—
Current Drawdown Current decline from peak	-0.93%	0.00%	-0.93%
Average Drawdown Average peak-to-trough decline	-4.81%	-1.16%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	WSHR.NEO	KNGG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.10%	16.08%	-4.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	16.08%	-4.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.11%	16.08%	-4.97%

Dividends

WSHR.NEO vs. KNGG.TO - Dividend Comparison

WSHR.NEO's dividend yield for the trailing twelve months is around 1.32%, while KNGG.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
KNGG.TO Brompton Global Cash Flow Kings ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WSHR.NEO Wealthsimple Shariah World Equity Index ETF	1.32%	1.34%	1.31%	1.34%	2.58%	0.44%

Frequently Asked Questions

Can I hold both WSHR.NEO and KNGG.TO in my portfolio?

WSHR.NEO and KNGG.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between WSHR.NEO and KNGG.TO?

They also come from different issuers: Mackenzie and Brompton.