KGRN vs VYM
KraneShares MSCI China Clean Technology Index ETF vs Vanguard High Dividend Yield ETF
Which is better, KGRN or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 53.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KGRN | VYM |
|---|---|---|
| Expense Ratio | 0.79% | 0.04%Best |
| AUM | $49M | $81.6B |
| Dividend Yield | 1.00% | 2.22% |
| Holdings | 53 | 613 |
| YTD Return | -20.41% | +13.91%Best |
| 1Y Return | -24.60% | +17.57%Best |
| 3Y Return (annualized) | -4.77% | +18.12%Best |
| 5Y Return (annualized) | -12.63% | +12.17%Best |
| Volatility (annualized) | 31.5% | 15.0%Best |
| Max Drawdown | -66.2% | -35.7%Best |
| $10,000 over 5 years | $5,091 | $17,758Best |
| Top 10 Weight | 53.2% | 25.9%Best |
| Fund Family | KraneShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Oct 12, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2017 to Sep 11, 2026 (8.9 years).
KGRN vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.9 years both funds cover.
KGRN vs VYM Performance
KraneShares MSCI China Clean Technology Index ETF (KGRN) is an ETF from KraneShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year KGRN returned -24.60% while VYM returned +17.57%. Year to date, KGRN is down 20.41% versus a gain of 13.91% for VYM.
Over three years, KGRN compounded at -4.77% per year against +18.12% for VYM; over five years the annualized figures are -12.63% and +12.17% respectively. Across the full 9-year window we track, VYM has the edge at +9.90% annualized vs +0.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KGRN has been the more volatile fund, with annualized monthly volatility of 31.5% compared with 15.0% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -66.2% for KGRN and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.26. They move largely independently of each other.
Fees and Cost Over Time
KGRN charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, KGRN currently yields 1.00% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 50 holdings in KGRN and 603 in VYM, totalling 99.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 50 positions we hold weights for in KGRN and 603 in VYM, against full books of 53 and 613.
What only one of them owns
Our book lists 568 positions for VYM that do not appear in our book for KGRN (97.5% of the fund), and 3 for KGRN that do not appear in VYM (2.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KGRN and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KGRN or VYM?
KGRN has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, KGRN or VYM?
Over the past year KGRN returned -24.60% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), KGRN annualized +0.00% vs +9.90% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KGRN or VYM?
KGRN has been the more volatile fund at 31.5% annualized versus 15.0% for VYM. Worst drawdown: KGRN -66.2% vs VYM -35.7%.
Should I hold both KGRN and VYM?
KGRN and VYM have a monthly-return correlation of 0.26, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KGRN or VYM?
KGRN yields 1.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than KGRN?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 53.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.