FFND vs KLXY
One Global ETF vs KraneShares Global Luxury Index ETF
Which is better, FFND or KLXY?
FFND has been ahead.
KLXY has a lower expense ratio. FFND led over 1Y and the full window. FFND is less concentrated, with 27.0% of the fund in its ten largest positions against 64.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FFND | KLXY |
|---|---|---|
| Expense Ratio | 1.00% | 0.69%Best |
| AUM | $96M | $2M |
| Dividend Yield | 0.61% | 0.84% |
| Holdings | 92 | 31 |
| Volatility (annualized) | 16.1%Tie | 16.1%Tie |
| Max Drawdown | -18.9%Best | -26.6% |
| $10,000 over 2.5 years | $14,854Best | $10,717 |
| Top 10 Weight | 27.0%Best | 64.8% |
| Fund Family | The Future Fund | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 24, 2021 | Sep 7, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 215 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FFND has data through Oct 14, 2026 and KLXY through Mar 13, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Sep 7, 2023 to Mar 13, 2026 (2.5 years).
Risk: Volatility and Drawdowns
FFND and KLXY have been equally volatile, both at 16.1% annualized.
The deepest peak-to-trough decline in our data was -18.9% for FFND and -26.6% for KLXY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FFND charges 1.00% per year while KLXY charges 0.69%. On a $10,000 position that is $100 vs $69 annually, a gap of $31 per year that compounds over a long holding period. On income, FFND currently yields 0.61% against 0.84% for KLXY.
Holdings Overlap
We hold position weights for 88 holdings in FFND and 23 in KLXY, totalling 98.4% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 245 days apart, FFND as of Oct 2, 2026 and KLXY as of Jan 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 88 positions we hold weights for in FFND and 23 in KLXY, against full books of 92 and 31.
What only one of them owns
Our book lists 7 positions for KLXY that do not appear in our book for FFND (30.3% of the fund), and 68 for FFND that do not appear in KLXY (79.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FFND and KLXY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FFND or KLXY?
FFND has an expense ratio of 1.00% while KLXY charges 0.69%. KLXY is the cheaper option, by $31 a year on a $10,000 investment.
Which is riskier, FFND or KLXY?
FFND and KLXY have been equally volatile, both at 16.1% annualized. Worst drawdown: FFND -18.9% vs KLXY -26.6%.
Should I hold both FFND and KLXY?
FFND and KLXY have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FFND or KLXY?
FFND yields 0.61% while KLXY yields 0.84%, so KLXY currently pays the higher dividend yield.
Is KLXY better than FFND?
KLXY has a lower expense ratio. FFND led over 1Y and the full window. FFND is less concentrated, with 27.0% of the fund in its ten largest positions against 64.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.