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KWINvsFDRSETF Comparison

ETF 1
KWIN

KraneShares Wahed Alternative Income Index ETF

This fund is part of
Options Strategies
+0.07%
VS
ETF 2
FDRS

Founder-Led ETF

This fund is part of
US Large Cap
+0.36%

KraneShares Wahed Alternative Income Index ETF (KWIN) belongs to the Options Strategies segment. Founder-Led ETF (FDRS) is part of the US Large Cap segment. KWIN's top 3 sector exposures are Information Technology, Consumer Discretionary and Health Care. In contrast, FDRS's top sector exposures are Information Technology, Consumer Discretionary and Financials. KWIN is more expensive with a Total Expense Ratio (TER) of 0.51%, versus 0.49% for FDRS. KWIN is up 1.07% year-to-date (YTD) with +$11M in YTD flows. FDRS performs worse with -7.81% YTD performance, and +$69M in YTD flows. Run a side-by-side ETF comparison of KWIN and FDRS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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KWIN vs FDRS performance and flow charts

Performance

051015%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

0 M10 M20 M30 M40 M50 MMar 30Apr 7Apr 14Apr 21Apr 28

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Historic performance and flows
Data as of 04/29/2026
1M3MYTD1Y3Y5Y
Perf.
KWIN
FDRS
+0.20%+10.33%
+0.79%-1.59%
+1.07%-7.81%
n/an/a
n/an/a
n/an/a
Flows
KWIN
FDRS
+$3M+$54M
+$4M+$66M
+$11M+$69M
--
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
KWIN
FDRS
+0.77%+30.35%
n/an/a
n/an/a
n/an/a
Max drawdown
KWIN
FDRS
-0.08%-15.17%
n/an/a
n/an/a
n/an/a
Max drawdown duration
KWIN
FDRS
2d73d
n/an/a
n/an/a
n/an/a
Trading data

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KWIN
FDRS
Last sale
5/1/2026 at 1:30 PM
$25.49
$22.52
Previous close
04/29/2026
$25.52
$22.16
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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KWIN
FDRS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
KWIN
FDRS
Last price
$25.49
$22.52
1D performance
-0.10%
+1.62%
AuM$48.40 M$78.34 M
E/R0.51%0.49%
Characteristics
KWIN
FDRS
Management strategyPassivePassive
ProviderKraneSharesFOUNDER ETFs
BenchmarkWahed Shariah Alternative Income IndexFounder-Led Index
N° of holdings2546
Asset class--
Trailing 12m distribution yield
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Inception dateNovember 4, 2025December 29, 2025
ESGNoNo
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Exposure

Countries

KWIN
USA
83.45%
Other
16.55%
FDRS
USA
91.77%
Other
8.23%

Sectors

KWIN
Information Techn.
44.65%
Consumer Discreti.
21.81%
Health Care
7.46%
Other
26.08%
FDRS
Information Techn.
45.18%
Consumer Discreti.
15.22%
Financials
12.71%
Communication Ser.
11.31%
Other
15.58%
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Diversification

KWIN

Total weight of top 15 holdings out of 15

57.24%
FDRS

Total weight of top 15 holdings out of 15

68.44%

Top 15 holdings

Data as of March 31, 2026
KWIN
INTUITIVE SURGICAL
4.73%
FORTINET
4.27%
AMAZON.COM INC
4.09%
LULULEMON ATHLETICA
4.08%
CADENCE DESIGN SYSTEMS
3.95%
US0404132054
3.86%
O'REILLY AUTOMOTIVE
3.85%
AUTOZONE
3.69%
CROWDSTRIKE HOLDINGS INC
3.67%
ADVANCED MICRO DEVICES
3.64%
TESLA
3.57%
SYNOPSYS
3.55%
FIRST SOLAR
3.53%
PALO ALTO NETWORKS
3.40%
UBER TECHNOLOGIES INC
3.36%
FDRS
TESLA
10.07%
NVIDIA
9.98%
META PLATFORMS
9.43%
PALANTIR TECHNOLOGIES
7.05%
ORACLE SYS
5.29%
SALESFORCE INC
3.69%
SHOPIFY SUBORDINATE VOTING
3.24%
BLACKSTONE GROUP
3.03%
US09290D1019
3.02%
US0404132054
2.69%
CAPITAL ONE FINANCIAL
2.42%
APPLOVIN
2.28%
DELL TECHNOLOGIES INC
2.20%
CROWDSTRIKE HOLDINGS INC
2.08%
INTERCONTINENTAL EXCHANGE INC
1.97%
Frequently asked questions about KWIN and FDRS

How have the KWIN and FDRS ETFs performed in 2026?

As of April 29, 2026, KWIN is up 1.07% year-to-date (YTD), while FDRS has lost -7.81%. That puts KWIN better performer ahead so far this year.

Which ETF is attracting more investor money: KWIN or FDRS?

Year-to-date, the KWIN ETF saw +$11M in flows, compared to +$69M for FDRS.

Which ETF is bigger: KWIN or FDRS?

As of April 29, 2026, KWIN holds $48.40 M in assets under management (AUM), while FDRS manages $78.34 M.

What sectors do the KWIN and FDRS ETFs invest in?

KWIN leans toward sectors like Information Technology, Consumer Discretionary and Health Care. Meanwhile, FDRS focuses on Information Technology, Consumer Discretionary and Financials.

What are the top holdings of the KWIN ETF and FDRS ETF?

KWIN top holdings include INTUITIVE SURGICAL, FORTINET and AMAZON.COM INC. FDRS holds in its top three: TESLA, NVIDIA and META PLATFORMS.

Which ETF is more diversified: KWIN or FDRS?

KWIN holds 27 securities with 57.24% of its assets in the top 15. FDRS has 50 securities and a top 15 weight of 68.44%.

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