KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KBUF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KBUF
KBUF charges 0.95% annually. There are 126 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.12M | Oct 2023 | KBUF vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.57M | Jul 2025 | KBUF vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 316.92M | Nov 2021 | KBUF vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.90M | Jan 2021 | KBUF vs ISWN | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.68M | Jun 2023 | KBUF vs IVVM |
Best Risk-Adjusted Alternatives to KBUF
KBUF has a PortfoliosLab risk / return rank of 4. There are 143 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | KBUF vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.69M | Mar 2023 | KBUF vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.50M | May 2020 | KBUF vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 97 | — | Mar 2024 | KBUF vs PBAP | |
| PGIM US Large-Cap Buffer 12 ETF - April | 97 | — | Mar 2024 | KBUF vs APRP |
Top Performing KBUF Alternatives (YTD)
KBUF is at -15.02% YTD. There are 147 ETFs in the Options Trading category with higher YTD returns, going as high as 101.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | KBUF vs AMDY | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | 14.94% | 97.61M | Oct 2023 | KBUF vs IWMY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 14.69% | 184.62M | Sep 2023 | KBUF vs QQQY | |
| Kurv Technology Titans Select ETF | 14.14% | 100.42M | Jul 2024 | KBUF vs KQQQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 12.61% | 864.88M | Mar 2024 | KBUF vs QDTE |
Lowest Volatility Alternatives to KBUF
KBUF has 13.13% 1-year volatility. There are 128 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.26% | — | Mar 2024 | KBUF vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.50% | 668.40M | Aug 2013 | KBUF vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - July | 1.54% | 13.80M | Jun 2023 | KBUF vs JULJ | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.69M | Mar 2023 | KBUF vs APRJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.08% | — | Mar 2024 | KBUF vs XIMR |
Lowest Drawdown Alternatives to KBUF
KBUF has a 1-year max drawdown of -20.04%. There are 135 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | KBUF vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.69M | Mar 2023 | KBUF vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.80M | Jun 2023 | KBUF vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | KBUF vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 198.50M | May 2020 | KBUF vs APRW |
Other ETFs from KraneShares
The 10 most viewed KraneShares ETFs shown here include KWEB, KMLM, KTEC and span 8 categories. AUM among these funds goes as high as $6B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| KraneShares CSI China Internet ETF | China Equities | 3 | -28.08% | 5.64B | Jul 2013 | KBUF vs KWEB | |
| KFA Mount Lucas Index Strategy ETF | Systematic Trend | 33 | 6.97% | 300.41M | Dec 2020 | KBUF vs KMLM | |
| KraneShares Hang Seng TECH Index ETF | China Equities | 4 | -21.33% | 53.26M | Jun 2021 | KBUF vs KTEC | |
| KraneShares Electric Vehicles and Future Mobility ... | Industrials Equities | 58 | 5.04% | 100.52M | Jan 2018 | KBUF vs KARS | |
| KraneShares Global Humanoid and Embodied Intellige... | Technology Equities | 71 | 26.38% | 264.17M | Jun 2025 | KBUF vs KOID | |
| KraneShares SSE STAR Market 50 Index ETF | China Equities | 86 | 47.82% | 230.05M | Jan 2021 | KBUF vs KSTR | |
| Quadratic Deflation ETF | Government Bonds | 15 | 6.53% | 24.48M | Sep 2021 | KBUF vs BNDD | |
| KraneShares Asia Pacific High Income Bond ETF | Emerging Markets Bonds | 78 | 2.54% | 15.78M | Jun 2018 | KBUF vs KHYB | |
| KraneShares 100% KWEB Defined Outcome January 2026... | Options Trading | 5 | -6.19% | 3.99M | Feb 2024 | KBUF vs KPRO | |
| Kraneshares Hedgeye Hedged Equity Index ETF | Equity Hedged | 81 | 5.14% | 100.99M | Jul 2024 | KBUF vs KSPY |
Often Compared With KBUF
Investors most often compare KBUF with BSEP, KLIP, KBAB. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare KBUF with Any Fund or Stock
Compare KBUF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KBUF with funds that move differently
KraneShares 90% KWEB Defined Outcome January 2026 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KBUF.
Explore KBUF Diversifiers