KCCA vs GSEU

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and GOLDMAN SACHS ACTIVEBETA(R) EUROPE EQUITY ETF (GSEU, ETF).

5-Year PerformanceGSEU has outperformed KCCA, delivering a return of +8.3% compared to -2.9%

KCCA vs GSEU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	GSEU(ETF)
Net Assets	$118M	$117M
Expense Ratio	0.91%	0.25%
Max Drawdown	54.18%	39.42%
Sharpe Ratio	0.78	0.97
5Y Beta	-0.11	0.68
5Y Dividends CAGR	N/A	15.50%

Net Assets

Winner

KCCA

$118M

GSEU

$117M

Expense Ratio

KCCA

0.91%

Winner

GSEU

0.25%

Max Drawdown

KCCA

54.18%

Winner

GSEU

39.42%

Sharpe Ratio

KCCA

0.78

Winner

GSEU

0.97

5Y Beta

Winner

KCCA

-0.11

GSEU

0.68

5Y Dividends CAGR

KCCA

N/A

GSEU

15.50%

KCCA vs GSEU - Holdings Comparison

KCCA and GSEU have 0 common holdings. Overlap is 0.00%

KCCA's top 25 holdings weight is 80.75%. GSEU's top 25 holdings weight is 31.24%.

Rank	KCCA	GSEU
#1	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 75.88%	ASML HOLDING NV (n/a) - 4.26%
#2	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 4.87%	n/a (n/a) - 1.95%
#3	N/A	HSBC HOLDINGS PLC (n/a) - 1.85%
#4	N/A	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.80%
#5	N/A	NOVARTIS AG REGISTERED SHARES (n/a) - 1.79%
#6	N/A	ASTRAZENECA PLC (AZN:XLON) - 1.65%
#7	N/A	GOLDMAN SACHS FS TREASURY OBLIGS INSTL (FTOXX) - 1.55%
#8	N/A	SHELL PLC (n/a) - 1.37%
#9	N/A	BANCO SANTANDER SA (n/a) - 1.30%
#10	N/A	SIEMENS AG (n/a) - 1.26%
#11	N/A	NESTLE SA (n/a) - 1.19%
#12	N/A	SAP SE (n/a) - 1.01%
#13	N/A	ALLIANZ SE (n/a) - 0.98%
#14	N/A	TOTALENERGIES SE (TTE) - 0.90%
#15	N/A	SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 0.85%
#16	N/A	SCHNEIDER ELECTRIC SE (n/a) - 0.83%
#17	N/A	BANCO BILBAO VIZCAYA ARGENTARIA SA (n/a) - 0.81%
#18	N/A	NOVO NORDISK AS CLASS B (n/a) - 0.80%
#19	N/A	IBERDROLA SA (n/a) - 0.77%
#20	N/A	KONINKLIJKE AHOLD DELHAIZE NV (n/a) - 0.77%
#21	N/A	BOUYGUES (n/a) - 0.73%
#22	N/A	GSK PLC (n/a) - 0.72%
#23	N/A	ABB LTD (n/a) - 0.72%
#24	N/A	BARCLAYS PLC (n/a) - 0.69%
#25	N/A	BNP PARIBAS ACT. CAT.A (n/a) - 0.69%
Total Holdings	2	347

KCCA vs GSEU - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	GSEU
1 month	+8.05%	+4.75%
3 months	+11.54%	+8.22%
6 months	+0.91%	+9.59%
1 year	+15.86%	+19.48%
5 years(CAGR)	-2.85%	+8.29%
10 years(CAGR)	N/A	+10.14%
Max(CAGR)	-2.85%	+9.61%

Winner

KCCA

+8.05%

GSEU

+4.75%

Winner

KCCA

+11.54%

GSEU

+8.22%

KCCA

+0.91%

Winner

GSEU

+9.59%

KCCA

+15.86%

Winner

GSEU

+19.48%

5Y(CAGR)

KCCA

-2.85%

Winner

GSEU

+8.29%

10Y(CAGR)

KCCA

N/A

GSEU

+10.14%

Max(CAGR)

KCCA

-2.85%

Winner

GSEU

+9.61%

KCCA vs GSEU - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	KCCA	GSEU
2026	-3.82%	+7.31%
2025	-11.72%	+36.61%
2024	-15.68%	+3.19%
2023	+36.55%	+19.66%
2022	-19.70%	-18.32%
2021	+8.91%	+15.89%
2020	N/A	+5.86%
2019	N/A	+25.35%
2018	N/A	-14.27%
2017	N/A	+27.21%
2016	N/A	+2.19%

KCCA vs GSEU Drawdown Comparison

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The maximum drawdown for GSEU was -35.71%, occurring on Mar 18, 2020. Recovery took 213 trading sessions.

The current KCCA drawdown is -30.57%.

Rank	KCCA	GSEU
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-35.71% Jan 17, 2020 - Nov 19, 2020
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-34.03% Sep 2, 2021 - Mar 7, 2024
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-22.26% Jan 26, 2018 - Dec 27, 2019
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-14.12% Mar 7, 2025 - Apr 28, 2025
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-12.51% Jun 8, 2016 - Sep 2, 2016
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-11.90% Feb 25, 2026 - Jun 12, 2026
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-10.90% Sep 26, 2024 - Mar 3, 2025
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-9.25% Sep 7, 2016 - Mar 1, 2017
#9	N/A	-7.48% Jun 5, 2024 - Aug 23, 2024
#10	N/A	-5.29% Nov 12, 2025 - Dec 10, 2025
#11	N/A	-5.05% Jul 23, 2025 - Aug 20, 2025
#12	N/A	-4.64% Jun 15, 2021 - Aug 3, 2021
#13	N/A	-4.56% Mar 27, 2024 - May 8, 2024
#14	N/A	-4.27% Jan 8, 2021 - Feb 12, 2021
#15	N/A	-4.27% Apr 20, 2016 - Jun 7, 2016

Correlation

Correlation between KCCA and GSEU is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

-101