KBA vs NORW

Comparison between KRANESHARES BOSERA MSCI CHINA A 50 CONNECT INDEX ETF (KBA, ETF) and GLOBAL X MSCI NORWAY ETF (NORW, ETF).

5-Year PerformanceNORW has outperformed KBA, delivering a return of +7.5% compared to +5.0%

KBA vs NORW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KBA(ETF)	NORW(ETF)
Net Assets	$162M	$162M
Expense Ratio	0.56%	0.50%
Max Drawdown	73.93%	42.58%
Sharpe Ratio	1.84	1.45
5Y Beta	0.41	0.67
5Y Dividends CAGR	-0.64%	38.10%

Net Assets

Winner

KBA

$162M

NORW

$162M

Expense Ratio

KBA

0.56%

Winner

NORW

0.50%

Max Drawdown

KBA

73.93%

Winner

NORW

42.58%

Sharpe Ratio

Winner

KBA

1.84

NORW

1.45

5Y Beta

Winner

KBA

0.41

NORW

0.67

5Y Dividends CAGR

KBA

-0.64%

Winner

NORW

38.10%

KBA vs NORW - Historical Returns

Returns include dividend reinvestment.

Period	KBA	NORW
1 month	-2.39%	-2.72%
3 months	+11.67%	+2.93%
6 months	+12.58%	+28.34%
1 year	+43.53%	+27.27%
5 years(CAGR)	+4.97%	+7.49%
10 years(CAGR)	+9.75%	+9.93%
Max(CAGR)	+9.34%	+8.85%

Winner

KBA

-2.39%

NORW

-2.72%

Winner

KBA

+11.67%

NORW

+2.93%

KBA

+12.58%

Winner

NORW

+28.34%

Winner

KBA

+43.53%

NORW

+27.27%

5Y(CAGR)

KBA

+4.97%

Winner

NORW

+7.49%

10Y(CAGR)

KBA

+9.75%

Winner

NORW

+9.93%

Max(CAGR)

Winner

KBA

+9.34%

NORW

+8.85%

KBA vs NORW - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	KBA	NORW
2026	+8.04%	+22.30%
2025	+37.85%	+30.87%
2024	+18.55%	-0.60%
2023	-17.26%	+7.95%
2022	-8.90%	-13.23%
2021	+1.35%	+11.44%
2020	+38.52%	+24.91%
2019	+35.94%	+14.86%
2018	-27.57%	-11.15%
2017	+28.82%	+23.44%
2016	-10.07%	-6.19%
2015	-5.07%	+0.12%
2014	+56.08%	-3.61%
2013	N/A	+25.62%
2012	N/A	+23.24%
2011	N/A	-20.61%
2010	N/A	+21.10%
2009	N/A	+7.52%

KBA vs NORW Drawdown Comparison

The maximum drawdown for KBA was -52.89%, occurring on Feb 11, 2016. Recovery took 1407 trading sessions.

The maximum drawdown for NORW was -35.62%, occurring on Sep 23, 2011. Recovery took 442 trading sessions.

The current KBA drawdown is -3.89%. The current NORW drawdown is -5.47%.

Rank	KBA	NORW
#1	-52.89% Jun 8, 2015 - Jan 7, 2021	-35.62% Apr 29, 2011 - Feb 1, 2013
#2	-45.24% Feb 17, 2021 - Oct 7, 2024	-33.89% Jan 24, 2018 - Jul 15, 2020
#3	-31.26% Oct 7, 2024 - Oct 24, 2025	-32.77% Aug 16, 2021 - May 21, 2025
#4	-11.54% Jan 7, 2015 - Mar 16, 2015	-25.23% Jun 6, 2014 - Sep 7, 2017
#5	-8.26% Apr 10, 2014 - Jul 25, 2014	-19.56% Apr 20, 2010 - Sep 20, 2010
#6	-8.24% Apr 27, 2015 - May 21, 2015	-11.87% Jan 11, 2010 - Apr 1, 2010
#7	-7.65% Jan 6, 2026 - Apr 13, 2026	-11.38% May 21, 2013 - Jul 25, 2013
#8	-7.19% May 27, 2015 - Jun 8, 2015	-9.63% Oct 12, 2020 - Nov 10, 2020
#9	-6.75% May 13, 2026 - Jun 8, 2026	-9.61% Nov 4, 2010 - Dec 30, 2010
#10	-6.72% Dec 8, 2014 - Dec 17, 2014	-9.18% Sep 16, 2025 - Jan 2, 2026
#11	-6.70% Oct 29, 2025 - Dec 23, 2025	-8.99% Nov 11, 2009 - Jan 11, 2010
#12	-5.94% Mar 6, 2014 - Apr 9, 2014	-8.87% Feb 1, 2011 - Mar 30, 2011
#13	-5.72% Dec 17, 2014 - Dec 26, 2014	-7.95% Sep 22, 2009 - Oct 20, 2009
#14	-4.78% Apr 16, 2015 - Apr 21, 2015	-7.16% Oct 11, 2017 - Jan 12, 2018
#15	-4.44% Jan 12, 2021 - Feb 8, 2021	-7.06% Aug 21, 2009 - Sep 9, 2009

Correlation

Correlation between KBA and NORW is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2009 - 2025)

KBA vs NORW dividend yield comparison.

Year	KBA	NORW
2025	1.56%	3.44%
2024	2.18%	6.02%
2023	2.34%	5.27%
2022	49.05%	4.01%
2021	9.07%	1.51%
2020	0.65%	1.13%
2019	1.53%	2.47%
2018	3.77%	3.53%
2017	1.46%	3.64%
2016	6.62%	3.79%
2015	29.08%	2.95%
2014	0.11%	3.85%
2013	0.00%	2.58%
2012	0.00%	2.53%
2011	0.00%	3.78%
2010	0.00%	0.82%
2009	0.00%	0.06%