KraneShares Electric Sortino Ratio
| KARS ETF | | | USD 37.81 0.81 2.19% |
The Sortino Ratio measures risk-adjusted return using only downside deviation rather than total volatility. Unlike the Sharpe Ratio, which penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only returns below a target threshold, making it a more targeted measure of harmful volatility. Below is KraneShares Electric's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
At 0.1544, KraneShares Electric exhibits its current reading on this measure in Sortino Ratio. This reflects KraneShares Electric's positioning relative to its own recent range within ETF.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.1544 | |
| ER[a] | = | Expected return on investing in KraneShares Electric |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Relative to peers, KraneShares Electric's Sortino Ratio is above the group average of 0.1. Peer readings range from 0.023 (ProShares Online Retail) to 0.2442 (Matthews Asia Innovators), reflecting wide dispersion across the sector. KraneShares Electric's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for KraneShares Electric and its peers. Each point represents one equity — position along the horizontal axis shows Sortino Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Sortino Ratio (
0.15 ) to Maximum Drawdown (
9.48 ) for KraneShares Electric yields a
61.43 multiple. This indicates Maximum Drawdown substantially exceeds Sortino Ratio for KraneShares Electric.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for KraneShares Electric is 0.1544. KraneShares Electric's Sortino Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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