KGRN vs OVT

Comparison between KRANESHARES MSCI CHINA CLEAN TECHNOLOGY INDEX ETF (KGRN, ETF) and Overlay Shares Short Term Bond ETF (OVT, ETF).

5-Year PerformanceOVT has outperformed KGRN, delivering a return of +2.8% compared to -10.1%

KGRN vs OVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KGRN(ETF)	OVT(ETF)
Net Assets	$61M	$61M
Expense Ratio	0.79%	0.79%
Max Drawdown	67.29%	18.90%
Sharpe Ratio	-0.18	1.22
5Y Beta	0.61	0.16
5Y Dividends CAGR	-26.68%	53.71%

Net Assets

Winner

KGRN

$61M

OVT

$61M

Expense Ratio

KGRN

0.79%

OVT

0.79%

Max Drawdown

KGRN

67.29%

Winner

OVT

18.90%

Sharpe Ratio

KGRN

-0.18

Winner

OVT

1.22

5Y Beta

KGRN

0.61

Winner

OVT

0.16

5Y Dividends CAGR

KGRN

-26.68%

Winner

OVT

53.71%

KGRN vs OVT - Historical Returns

Returns include dividend reinvestment.

Period	KGRN	OVT
1 month	-11.75%	-0.08%
3 months	-12.57%	+1.56%
6 months	-6.82%	+2.89%
1 year	-2.16%	+8.13%
5 years(CAGR)	-10.05%	+2.85%
10 years(CAGR)	+1.62%	N/A
Max(CAGR)	+1.62%	+3.00%

KGRN

-11.75%

Winner

OVT

-0.08%

KGRN

-12.57%

Winner

OVT

+1.56%

KGRN

-6.82%

Winner

OVT

+2.89%

KGRN

-2.16%

Winner

OVT

+8.13%

5Y(CAGR)

KGRN

-10.05%

Winner

OVT

+2.85%

10Y(CAGR)

KGRN

+1.62%

OVT

N/A

Max(CAGR)

KGRN

+1.62%

Winner

OVT

+3.00%

KGRN vs OVT - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	KGRN	OVT
2026	-8.59%	+2.34%
2025	+23.57%	+7.71%
2024	+3.69%	+7.94%
2023	-16.61%	+7.69%
2022	-40.60%	-9.59%
2021	+0.71%	+2.08%
2020	+132.80%	N/A
2019	+12.90%	N/A
2018	-29.35%	N/A
2017	-0.37%	N/A

KGRN vs OVT 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 OVT was -13.59%, occurring on Oct 14, 2022. Recovery took 697 trading sessions.

The current KGRN drawdown is -50.51%. The current OVT drawdown is -0.84%.

Rank	KGRN	OVT
#1	-66.22% Feb 16, 2021 - Feb 5, 2024	-13.59% Sep 3, 2021 - Jun 13, 2024
#2	-41.15% Jan 22, 2018 - Jul 6, 2020	-3.22% Feb 19, 2025 - Jun 23, 2025
#3	-9.50% Oct 26, 2017 - Jan 3, 2018	-2.08% Dec 6, 2024 - Feb 5, 2025
#4	-8.95% Jan 25, 2021 - Feb 9, 2021	-1.72% Sep 24, 2024 - Dec 4, 2024
#5	-8.88% Jul 10, 2020 - Aug 5, 2020	-1.55% Feb 27, 2026 - Apr 17, 2026
#6	-7.23% Nov 24, 2020 - Dec 18, 2020	-1.53% Oct 28, 2025 - Nov 26, 2025
#7	-6.38% Aug 28, 2020 - Sep 15, 2020	-1.25% May 29, 2026 - Jun 10, 2026
#8	-6.28% Jan 12, 2021 - Jan 20, 2021	-1.21% Feb 24, 2021 - Apr 8, 2021
#9	-5.53% Oct 20, 2020 - Nov 2, 2020	-0.91% Jan 6, 2026 - Jan 27, 2026
#10	-5.16% Sep 18, 2020 - Sep 30, 2020	-0.73% Jul 16, 2024 - Jul 31, 2024
#11	-3.22% Aug 5, 2020 - Aug 25, 2020	-0.69% Aug 2, 2024 - Aug 13, 2024
#12	-2.90% Nov 9, 2020 - Nov 20, 2020	-0.69% Sep 19, 2025 - Oct 8, 2025
#13	-2.07% Jan 7, 2021 - Jan 12, 2021	-0.67% Aug 16, 2021 - Aug 30, 2021
#14	-1.99% Oct 15, 2020 - Oct 20, 2020	-0.66% Jan 25, 2021 - Feb 8, 2021
#15	-1.92% Oct 18, 2017 - Oct 23, 2017	-0.64% Jun 15, 2021 - Jul 6, 2021