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 130 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% | 137.24M | Oct 2023 | KBUF vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | KBUF vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | KBUF vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | KBUF vs PBAP | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.70M | Jun 2023 | KBUF vs IVVM |
Best Risk-Adjusted Alternatives to KBUF
KBUF has a PortfoliosLab risk / return rank of 8. There are 136 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 | 32.67M | Mar 2023 | KBUF vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | KBUF vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | KBUF vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | KBUF vs APRP |
Top Performing KBUF Alternatives (YTD)
KBUF is at -9.33% YTD. There are 142 ETFs in the Options Trading category with higher YTD returns, going as high as 103.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 103.59% | 367.33M | Sep 2023 | KBUF vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.50% | 189.73M | Sep 2023 | KBUF vs QQQY | |
| LHA Market State Tactical Q ETF | 17.64% | 32.01M | Mar 2022 | KBUF vs MSTQ | |
| YieldMax NVDA Option Income Strategy ETF | 15.63% | 1.45B | May 2023 | KBUF vs NVDY | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | 13.80% | 99.00M | Oct 2023 | KBUF vs IWMY |
Lowest Volatility Alternatives to KBUF
KBUF has 12.89% 1-year volatility. There are 134 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | KBUF vs OCTQ | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | KBUF vs APRQ | |
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | KBUF vs XDOC | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | KBUF vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | KBUF vs JULQ |
Lowest Drawdown Alternatives to KBUF
KBUF has a 1-year max drawdown of -17.01%. There are 132 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | KBUF vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | KBUF vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | KBUF vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | KBUF vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | KBUF vs APRW |
Other ETFs from KraneShares
The 10 most viewed KraneShares ETFs shown here include KTEC, KARS, KOID and span 9 categories. AUM among these funds goes as high as $241M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| KraneShares Hang Seng TECH Index ETF | China Equities | 7 | -8.24% | 53.37M | Jun 2021 | KBUF vs KTEC | |
| KraneShares Electric Vehicles and Future Mobility ... | Industrials Equities | 87 | 20.24% | 105.57M | Jan 2018 | KBUF vs KARS | |
| KraneShares Global Humanoid and Embodied Intellige... | Technology Equities | — | 34.23% | 241.06M | Jun 2025 | KBUF vs KOID | |
| KraneShares SSE STAR Market 50 Index ETF | China Equities | 70 | 31.11% | 192.71M | Jan 2021 | KBUF vs KSTR | |
| Quadratic Deflation ETF | Government Bonds | 14 | 4.40% | 6.46M | Sep 2021 | KBUF vs BNDD | |
| KraneShares Asia Pacific High Income Bond ETF | Emerging Markets Bonds | 78 | 2.54% | 15.69M | Jun 2018 | KBUF vs KHYB | |
| KraneShares 100% KWEB Defined Outcome January 2026... | Options Trading | 7 | -4.31% | 6.01M | Feb 2024 | KBUF vs KPRO | |
| Kraneshares Global Luxury Index ETF | Consumer Discretionary Equities | — | — | 1.99M | Sep 2023 | KBUF vs KLXY | |
| Kraneshares Hedgeye Hedged Equity Index ETF | Equity Hedged | 86 | 5.72% | 96.97M | Jul 2024 | KBUF vs KSPY | |
| KraneShares 2x Long BABA Daily ETF | Leveraged Equities | 11 | -29.64% | 3.87M | Mar 2025 | KBUF vs KBAB |
Often Compared With KBUF
Investors most often compare KBUF with KLIP, BSEP, KWEB. 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