KGRN vs TECS

Comparison between KRANESHARES MSCI CHINA CLEAN TECHNOLOGY INDEX ETF (KGRN, ETF) and DIREXION DAILY TECHNOLOGY BEAR 3X SHARES (TECS, ETF).

5-Year PerformanceKGRN has outperformed TECS, delivering a return of -10.1% compared to -57.5%

KGRN vs TECS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KGRN(ETF)	TECS(ETF)
Net Assets	$61M	$61M
Expense Ratio	0.79%	N/A
Max Drawdown	67.29%	100.00%
Sharpe Ratio	-0.18	-1.89
5Y Beta	0.61	0.00
5Y Dividends CAGR	-26.68%	-38.57%

Net Assets

Winner

KGRN

$61M

TECS

$61M

Expense Ratio

KGRN

0.79%

TECS

N/A

Max Drawdown

Winner

KGRN

67.29%

TECS

100.00%

Sharpe Ratio

Winner

KGRN

-0.18

TECS

-1.89

5Y Beta

KGRN

0.61

Winner

TECS

0.00

5Y Dividends CAGR

Winner

KGRN

-26.68%

TECS

-38.57%

KGRN vs TECS - Holdings Comparison

KGRN and TECS have 0 common holdings. Overlap is 0.00%

KGRN's top 25 holdings weight is 85.10%. TECS's top 25 holdings weight is 35.67%.

Rank	KGRN	TECS
#1	BYD CO LTD CLASS H (n/a) - 8.27%	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 35.67%
#2	XPENG INC CLASS A (n/a) - 7.01%	N/A
#3	NIO INC CLASS A (n/a) - 6.68%	N/A
#4	LI AUTO INC ORDINARY SHARES CLASS A (n/a) - 5.85%	N/A
#5	CONTEMPORARY AMPEREX TECHNOLOGY CO LTD ORDINARY SHARES CLASS H (n/a) - 4.99%	N/A
#6	CONTEMPORARY AMPEREX TECHNOLOGY CO LTD CLASS A (n/a) - 4.87%	N/A
#7	CHINA YANGTZE POWER CO LTD CLASS A (n/a) - 4.59%	N/A
#8	CGN POWER CO LTD SHS -H- UNITARY 144A/REG S (n/a) - 4.04%	N/A
#9	GDS HOLDINGS LTD CLASS A (n/a) - 3.88%	N/A
#10	SUNGROW POWER SUPPLY CO LTD CLASS A (n/a) - 3.60%	N/A
#11	ZHEJIANG LEAPMOTOR TECHNOLOGY CO LTD CLASS H (n/a) - 3.22%	N/A
#12	KINGSOFT CLOUD HOLDINGS LTD (n/a) - 2.72%	N/A
#13	CHINA EVERBRIGHT ENVIRONMENT GROUP LTD (n/a) - 2.61%	N/A
#14	BEIJING-SHANGHAI HIGH SPEED RAILWAY CO LTD CLASS A (n/a) - 2.51%	N/A
#15	CHINA LONGYUAN POWER GROUP CORP LTD CLASS H (n/a) - 2.44%	N/A
#16	CHINA CONCH VENTURE HOLDINGS LTD (n/a) - 2.21%	N/A
#17	CHINA POWER INTERNATIONAL DEVELOPMENT LTD (n/a) - 2.02%	N/A
#18	NARI TECHNOLOGY CO LTD CLASS A (n/a) - 1.99%	N/A
#19	YADEA GROUP HOLDINGS LTD SHS UNITARY 144A/REGS (n/a) - 1.95%	N/A
#20	CHINA NATIONAL NUCLEAR POWER CO LTD CLASS A (n/a) - 1.92%	N/A
#21	XINYI SOLAR HOLDINGS LTD (n/a) - 1.76%	N/A
#22	VNET GROUP INC ADR (VNET) - 1.71%	N/A
#23	BEIJING ENTERPRISES WATER GROUP LTD (n/a) - 1.49%	N/A
#24	NINGBO DEYE TECHNOLOGY CORP CLASS A (n/a) - 1.42%	N/A
#25	SERES GROUP CO LTD CLASS A (n/a) - 1.35%	N/A
Total Holdings	53	1

KGRN vs TECS - Historical Returns

Returns include dividend reinvestment.

Period	KGRN	TECS
1 month	-11.75%	-19.15%
3 months	-12.57%	-62.80%
6 months	-6.82%	-59.49%
1 year	-2.16%	-76.31%
5 years(CAGR)	-10.05%	-57.53%
10 years(CAGR)	+1.62%	-62.09%
Max(CAGR)	+1.62%	-58.18%

Winner

KGRN

-11.75%

TECS

-19.15%

Winner

KGRN

-12.57%

TECS

-62.80%

Winner

KGRN

-6.82%

TECS

-59.49%

Winner

KGRN

-2.16%

TECS

-76.31%

5Y(CAGR)

Winner

KGRN

-10.05%

TECS

-57.53%

10Y(CAGR)

Winner

KGRN

+1.62%

TECS

-62.09%

Max(CAGR)

Winner

KGRN

+1.62%

TECS

-58.18%

KGRN vs TECS - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	KGRN	TECS
2026	-8.59%	-58.76%
2025	+23.57%	-62.71%
2024	+3.69%	-53.32%
2023	-16.61%	-75.19%
2022	-40.60%	+49.15%
2021	+0.71%	-69.43%
2020	+132.80%	-87.10%
2019	+12.90%	-73.78%
2018	-29.35%	-16.23%
2017	-0.37%	-59.70%
2016	N/A	-45.63%
2015	N/A	-31.50%
2014	N/A	-47.59%
2013	N/A	-50.36%
2012	N/A	-39.81%
2011	N/A	-29.65%
2010	N/A	-42.66%
2009	N/A	-84.58%
2008	N/A	-3.03%

KGRN vs TECS 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 TECS was -100.00%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current KGRN drawdown is -50.51%. The current TECS drawdown is -100.00%.

Rank	KGRN	TECS
#1	-66.22% Feb 16, 2021 - Feb 5, 2024	-100.00% Mar 9, 2009 - Jun 2, 2026
#2	-41.15% Jan 22, 2018 - Jul 6, 2020	-37.50% Jan 20, 2009 - Mar 6, 2009
#3	-9.50% Oct 26, 2017 - Jan 3, 2018	-22.97% Dec 30, 2008 - Jan 14, 2009
#4	-8.95% Jan 25, 2021 - Feb 9, 2021	-5.70% Jan 14, 2009 - Jan 20, 2009
#5	-8.88% Jul 10, 2020 - Aug 5, 2020	N/A
#6	-7.23% Nov 24, 2020 - Dec 18, 2020	N/A
#7	-6.38% Aug 28, 2020 - Sep 15, 2020	N/A
#8	-6.28% Jan 12, 2021 - Jan 20, 2021	N/A
#9	-5.53% Oct 20, 2020 - Nov 2, 2020	N/A
#10	-5.16% Sep 18, 2020 - Sep 30, 2020	N/A
#11	-3.22% Aug 5, 2020 - Aug 25, 2020	N/A
#12	-2.90% Nov 9, 2020 - Nov 20, 2020	N/A
#13	-2.07% Jan 7, 2021 - Jan 12, 2021	N/A
#14	-1.99% Oct 15, 2020 - Oct 20, 2020	N/A
#15	-1.92% Oct 18, 2017 - Oct 23, 2017	N/A

Correlation

Correlation between KGRN and TECS is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101