KLXY vs WUGI
KraneShares Global Luxury Index ETF vs AXS Esoterica NextG Economy ETF
Which is better, KLXY or WUGI?
WUGI has been ahead.
KLXY has a lower expense ratio. WUGI led over 1Y and the full window. WUGI is less concentrated, with 58.8% 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 | KLXY | WUGI |
|---|---|---|
| Expense Ratio | 0.69%Best | 0.84% |
| AUM | $2M | $33M |
| Dividend Yield | 0.84% | 0.22% |
| Holdings | 31 | 35 |
| Volatility (annualized) | 16.1%Best | 23.6% |
| Max Drawdown | -26.6%Best | -28.9% |
| $10,000 over 2.5 years | $10,717 | $15,017Best |
| Top 10 Weight | 64.8% | 58.8%Best |
| Fund Family | KraneShares | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 7, 2023 | Mar 31, 2020 |
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. KLXY has data through Mar 13, 2026 and WUGI through Oct 14, 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
WUGI has been the more volatile fund, with annualized monthly volatility of 23.6% compared with 16.1% for KLXY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.6% for KLXY and -28.9% for WUGI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KLXY charges 0.69% per year while WUGI charges 0.84%. On a $10,000 position that is $69 vs $84 annually, a gap of $15 per year that compounds over a long holding period. On income, KLXY currently yields 0.84% against 0.22% for WUGI.
Holdings Overlap
We hold position weights for 23 holdings in KLXY and 31 in WUGI, totalling 99.6% and 99.3% 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, KLXY as of Jan 30, 2026 and WUGI as of Oct 2, 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 23 positions we hold weights for in KLXY and 31 in WUGI, against full books of 31 and 35.
What only one of them owns
Our book lists 27 positions for WUGI that do not appear in our book for KLXY (82.8% of the fund), and 7 for KLXY that do not appear in WUGI (30.3%).
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 KLXY and WUGI 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, KLXY or WUGI?
KLXY has an expense ratio of 0.69% while WUGI charges 0.84%. KLXY is the cheaper option, by $15 a year on a $10,000 investment.
Which is riskier, KLXY or WUGI?
WUGI has been the more volatile fund at 23.6% annualized versus 16.1% for KLXY. Worst drawdown: KLXY -26.6% vs WUGI -28.9%.
Should I hold both KLXY and WUGI?
KLXY and WUGI have a monthly-return correlation of 0.45, 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, KLXY or WUGI?
KLXY yields 0.84% while WUGI yields 0.22%, so KLXY currently pays the higher dividend yield.
Is WUGI better than KLXY?
KLXY has a lower expense ratio. WUGI led over 1Y and the full window. WUGI is less concentrated, with 58.8% 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.