KTEC vs SPY
KraneShares Hang Seng TECH Index ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, KTEC or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 74.2%.
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 | KTEC | SPY |
|---|---|---|
| Expense Ratio | 0.69% | 0.09%Best |
| AUM | $56M | $814.4B |
| Dividend Yield | 3.88% | 1.01% |
| Holdings | 31 | 505 |
| YTD Return | -23.97% | +13.78%Best |
| 1Y Return | -24.07% | +21.44%Best |
| 3Y Return (annualized) | +0.62% | +21.38%Best |
| 5Y Return (annualized) | -8.82% | +12.80%Best |
| Volatility (annualized) | 36.5% | 15.5%Best |
| Max Drawdown | -66.9% | -24.5%Best |
| $10,000 over 5 years | $6,302 | $18,262Best |
| Top 10 Weight | 74.2% | 38.0%Best |
| Fund Family | KraneShares | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 8, 2021 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jun 9, 2021 to Sep 3, 2026 (5.2 years).
KTEC vs SPY 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 5.2 years both funds cover.
KTEC vs SPY Performance
KraneShares Hang Seng TECH Index ETF (KTEC) is an ETF from KraneShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year KTEC returned -24.07% while SPY returned +21.44%. Year to date, KTEC is down 23.97% versus a gain of 13.78% for SPY.
Over three years, KTEC compounded at +0.62% per year against +21.38% for SPY; over five years the annualized figures are -8.82% and +12.80% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KTEC has been the more volatile fund, with annualized monthly volatility of 36.5% compared with 15.5% for SPY. 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 -66.9% for KTEC and -24.5% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.20. They move largely independently of each other.
Fees and Cost Over Time
KTEC charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, KTEC currently yields 3.88% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 29 holdings in KTEC and 504 in SPY, totalling 99.7% and 100.0% 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 29 positions we hold weights for in KTEC and 504 in SPY, against full books of 31 and 505.
What only one of them owns
Our book lists 496 positions for SPY that do not appear in our book for KTEC (99.5% of the fund), and 1 for KTEC that do not appear in SPY (9.1%).
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 KTEC and SPY 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, KTEC or SPY?
KTEC has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, KTEC or SPY?
Over the past year KTEC returned -24.07% vs +21.44% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KTEC or SPY?
KTEC has been the more volatile fund at 36.5% annualized versus 15.5% for SPY. Worst drawdown: KTEC -66.9% vs SPY -24.5%.
Should I hold both KTEC and SPY?
KTEC and SPY have a monthly-return correlation of 0.20, 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, KTEC or SPY?
KTEC yields 3.88% while SPY yields 1.01%, so KTEC currently pays the higher dividend yield.
Is SPY better than KTEC?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 74.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.