KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) 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 KPRO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KPRO
KPRO 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 | KPRO vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.57M | Jul 2025 | KPRO vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 316.92M | Nov 2021 | KPRO vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.90M | Jan 2021 | KPRO vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - February | 0.50% | — | Jan 2024 | KPRO vs PBFB |
Best Risk-Adjusted Alternatives to KPRO
KPRO has a PortfoliosLab risk / return rank of 5. There are 141 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 | KPRO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.69M | Mar 2023 | KPRO vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.50M | May 2020 | KPRO vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 97 | — | Mar 2024 | KPRO vs PBAP | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 97 | — | Mar 2024 | KPRO vs XIMR |
Top Performing KPRO Alternatives (YTD)
KPRO is at -6.26% YTD. There are 142 ETFs in the Options Trading category with higher YTD returns, going as high as 101.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 101.64% | 409.32M | Sep 2023 | KPRO vs AMDY | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | 15.11% | 97.61M | Oct 2023 | KPRO vs IWMY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 14.30% | 184.62M | Sep 2023 | KPRO vs QQQY | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 12.21% | 864.88M | Mar 2024 | KPRO vs QDTE | |
| Kurv Technology Titans Select ETF | 12.10% | 100.42M | Jul 2024 | KPRO vs KQQQ |
Lowest Volatility Alternatives to KPRO
KPRO has 8.83% 1-year volatility. There are 106 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.25% | — | Mar 2024 | KPRO vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.50% | 668.40M | Aug 2013 | KPRO vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - July | 1.54% | 13.80M | Jun 2023 | KPRO vs JULJ | |
| Innovator Premium Income 30 Barrier ETF - April | 1.55% | 32.69M | Mar 2023 | KPRO vs APRJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | KPRO vs XIMR |
Lowest Drawdown Alternatives to KPRO
KPRO has a 1-year max drawdown of -12.98%. There are 129 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 | KPRO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.69M | Mar 2023 | KPRO vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.80M | Jun 2023 | KPRO vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | KPRO vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 198.50M | May 2020 | KPRO 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 | 2 | -28.63% | 5.64B | Jul 2013 | KPRO vs KWEB | |
| KFA Mount Lucas Index Strategy ETF | Systematic Trend | 28 | 5.59% | 300.41M | Dec 2020 | KPRO vs KMLM | |
| KraneShares Hang Seng TECH Index ETF | China Equities | 3 | -21.65% | 53.26M | Jun 2021 | KPRO vs KTEC | |
| KraneShares Electric Vehicles and Future Mobility ... | Industrials Equities | 52 | 3.68% | 100.52M | Jan 2018 | KPRO vs KARS | |
| KraneShares Global Humanoid and Embodied Intellige... | Technology Equities | 69 | 25.85% | 264.17M | Jun 2025 | KPRO vs KOID | |
| Quadratic Deflation ETF | Government Bonds | 16 | 7.17% | 24.48M | Sep 2021 | KPRO vs BNDD | |
| KraneShares SSE STAR Market 50 Index ETF | China Equities | 89 | 50.99% | 230.05M | Jan 2021 | KPRO vs KSTR | |
| KraneShares Asia Pacific High Income Bond ETF | Emerging Markets Bonds | 79 | 2.54% | 15.78M | Jun 2018 | KPRO vs KHYB | |
| KraneShares 90% KWEB Defined Outcome January 2026 ... | Options Trading | 4 | -15.25% | 7.24M | Feb 2024 | KPRO vs KBUF | |
| Kraneshares Hedgeye Hedged Equity Index ETF | Equity Hedged | 80 | 4.92% | 100.99M | Jul 2024 | KPRO vs KSPY |
Often Compared With KPRO
Investors most often compare KPRO with KLIP, BFIX, PQDI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare KPRO with Any Fund or Stock
Compare KPRO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KPRO with funds that move differently
KraneShares 100% KWEB Defined Outcome January 2026 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KPRO.
Explore KPRO Diversifiers