KraneShares 2x Long MELI Daily ETF (KMLI) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KMLI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KMLI
KMLI charges 1.26% annually. There are 308 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | KMLI vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | KMLI vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | KMLI vs SPUU | |
| Leverage Shares 2X Long PYPL Daily ETF | 0.75% | 18.66M | Apr 2025 | KMLI vs PYPG | |
| Leverage Shares 2X Long ORLY Daily ETF | 0.75% | 223.00K | Jan 2026 | KMLI vs ORLG |
Best Risk-Adjusted Alternatives to KMLI
KMLI has a PortfoliosLab risk / return rank of 3. There are 208 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | KMLI vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | KMLI vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | KMLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | KMLI vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | KMLI vs INTW |
Top Performing KMLI Alternatives (YTD)
KMLI is at -28.41% YTD. There are 245 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 589.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 589.77% | 162.40M | Feb 2025 | KMLI vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 449.17% | 6.16B | Oct 2024 | KMLI vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.29% | 923.53M | Nov 2024 | KMLI vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 332.72% | 509.42M | Feb 2025 | KMLI vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 332.54% | 101.49M | Nov 2025 | KMLI vs LINT |
Lowest Volatility Alternatives to KMLI
KMLI has 79.27% 1-year volatility. There are 216 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | KMLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.23% | 20.50M | Apr 2021 | KMLI vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | KMLI vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | KMLI vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.63% | 20.95M | Jul 2021 | KMLI vs QTJL |
Lowest Drawdown Alternatives to KMLI
KMLI has a 1-year max drawdown of -69.49%. There are 202 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | KMLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | KMLI vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | KMLI vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | KMLI vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | KMLI vs XDSQ |
Other ETFs from KraneShares
The 10 most viewed KraneShares ETFs shown here include KWEB, KMLM, KTEC and span 9 categories. AUM among these funds goes as high as $5B.
Often Compared With KMLI
Investors most often compare KMLI with USOI, ASMG, DBE. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare KMLI with Any Fund or Stock
Compare KMLI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KMLI with funds that move differently
KraneShares 2x Long MELI Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KMLI.
Explore KMLI Diversifiers