KGRN vs MMSD
Comparison between KRANESHARES MSCI CHINA CLEAN TECHNOLOGY INDEX ETF (KGRN, ETF) and IQ MACKAY MUNICIPAL SHORT DURATION ETF (MMSD, ETF).
KGRN vs MMSD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
KGRN
$62M
MMSD
$62M
Expense Ratio
KGRN
0.79%
Winner
MMSD
0.25%
Max Drawdown
KGRN
67.29%
Winner
MMSD
1.85%
Sharpe Ratio
KGRN
-0.03
Winner
MMSD
0.49
5Y Beta
KGRN
0.61
Winner
MMSD
0.03
5Y Dividends CAGR
KGRN
-26.68%
MMSD
N/A
KGRN vs MMSD - Historical Returns
Returns include dividend reinvestment.
1M
KGRN
-10.07%
Winner
MMSD
+0.16%
3M
KGRN
-3.38%
Winner
MMSD
+0.18%
6M
KGRN
-7.54%
Winner
MMSD
+1.55%
1Y
KGRN
+0.03%
Winner
MMSD
+4.52%
5Y(CAGR)
KGRN
-8.62%
MMSD
N/A
10Y(CAGR)
KGRN
+1.78%
MMSD
N/A
Max(CAGR)
KGRN
+1.78%
Winner
MMSD
+4.54%
KGRN vs MMSD - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | KGRN | MMSD |
|---|---|---|
| 2026 | -7.29% | +1.18% |
| 2025 | +23.57% | +3.66% |
| 2024 | +3.69% | N/A |
| 2023 | -16.61% | N/A |
| 2022 | -40.60% | N/A |
| 2021 | +0.71% | N/A |
| 2020 | +132.80% | N/A |
| 2019 | +12.90% | N/A |
| 2018 | -29.35% | N/A |
| 2017 | -0.37% | N/A |
KGRN vs MMSD Drawdown Comparison
The maximum drawdown for KGRN was -66.22%, occurring on Feb 5, 2024. This drawdown has not yet recovered.
The maximum drawdown for MMSD was -1.35%, occurring on Mar 26, 2026. This drawdown has not yet recovered.
The current KGRN drawdown is -49.81%. The current MMSD drawdown is -0.22%.
| Rank | KGRN | MMSD |
|---|---|---|
| #1 | -66.22% Feb 16, 2021 - Feb 5, 2024 | -1.35% Feb 26, 2026 - Mar 26, 2026 |
| #2 | -41.15% Jan 22, 2018 - Jul 6, 2020 | -0.49% Sep 15, 2025 - Dec 16, 2025 |
| #3 | -9.50% Oct 26, 2017 - Jan 3, 2018 | -0.36% May 16, 2025 - May 27, 2025 |
| #4 | -8.95% Jan 25, 2021 - Feb 9, 2021 | -0.22% May 6, 2025 - May 16, 2025 |
| #5 | -8.88% Jul 10, 2020 - Aug 5, 2020 | -0.16% Jul 10, 2025 - Jul 21, 2025 |
| #6 | -7.23% Nov 24, 2020 - Dec 18, 2020 | -0.16% Jan 14, 2026 - Jan 21, 2026 |
| #7 | -6.38% Aug 28, 2020 - Sep 15, 2020 | -0.14% Jun 12, 2025 - Jun 23, 2025 |
| #8 | -6.28% Jan 12, 2021 - Jan 20, 2021 | -0.13% Jun 5, 2025 - Jun 10, 2025 |
| #9 | -5.53% Oct 20, 2020 - Nov 2, 2020 | -0.12% Jul 29, 2025 - Jul 31, 2025 |
| #10 | -5.16% Sep 18, 2020 - Sep 30, 2020 | -0.10% Jan 21, 2026 - Jan 28, 2026 |
| #11 | -3.22% Aug 5, 2020 - Aug 25, 2020 | -0.08% May 27, 2025 - May 30, 2025 |
| #12 | -2.90% Nov 9, 2020 - Nov 20, 2020 | -0.08% Sep 8, 2025 - Sep 10, 2025 |
| #13 | -2.07% Jan 7, 2021 - Jan 12, 2021 | -0.08% Dec 18, 2025 - Dec 29, 2025 |
| #14 | -1.99% Oct 15, 2020 - Oct 20, 2020 | -0.08% Jan 9, 2026 - Jan 14, 2026 |
| #15 | -1.92% Oct 18, 2017 - Oct 23, 2017 | -0.07% Aug 29, 2025 - Sep 3, 2025 |
Correlation
Correlation between KGRN and MMSD is 0.21 which considered as a very weak or no correlation - the stocks move independently of each other.
0.21
-101
Dividend Comparison (2018 - 2026)
KGRN vs MMSD dividend yield comparison.
| Year | KGRN | MMSD |
|---|---|---|
| 2026 | 0.00% | 1.47% |
| 2025 | 0.85% | 2.30% |
| 2024 | 1.49% | 0.00% |
| 2023 | 0.74% | 0.00% |
| 2022 | 1.98% | 0.00% |
| 2021 | 0.41% | 0.00% |
| 2020 | 0.01% | 0.00% |
| 2019 | 5.88% | 0.00% |
| 2018 | 2.04% | 0.00% |
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