BEX vs. KBDU

Last updated Jul 14, 2026

BEX (Tradr 2X Long BE Daily ETF) and KBDU (KraneShares 2X Long BIDU Daily ETF) are both exchange-traded funds - BEX is a Leveraged Equities fund actively managed by Tradr, while KBDU is a China Equities fund actively managed by KraneShares. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. BEX charges 1.30%/yr vs 1.26%/yr for KBDU.

Performance

BEX vs. KBDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long BE Daily ETF (BEX) and KraneShares 2X Long BIDU Daily ETF (KBDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BEX

• 1D: -9.22%
• 1M: -30.03%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KBDU

• 1D: -7.12%
• 1M: -6.75%
• 6M: -53.54%
• YTD: -38.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BEX vs. KBDU - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	-54.94%
KBDU KraneShares 2X Long BIDU Daily ETF	-25.19%

Correlation

The correlation between BEX and KBDU is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.46

Return for Risk

BEX vs. KBDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BE Daily ETF (BEX) and KraneShares 2X Long BIDU Daily ETF (KBDU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BEX vs. KBDU - Drawdown Comparison

The maximum BEX drawdown since its inception was -59.38%, smaller than the maximum KBDU drawdown of -64.77%. Use the drawdown chart below to compare losses from any high point for BEX and KBDU.

Drawdown Indicators

	BEX	KBDU	Difference
Max Drawdown Largest peak-to-trough decline	-59.38%	-64.77%	+5.39%
Current Drawdown Current decline from peak	-59.38%	-58.76%	-0.62%
Average Drawdown Average peak-to-trough decline	-29.31%	-33.26%	+3.95%

Volatility

Volatility by Period

	BEX	KBDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	224.66%	103.20%	+121.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	224.66%	103.20%	+121.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	224.66%	103.20%	+121.46%

BEX vs. KBDU - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is higher than KBDU's 1.26% expense ratio.

Dividends

BEX vs. KBDU - Dividend Comparison

Neither BEX nor KBDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEX and KBDU in my portfolio?

BEX and KBDU have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEX or KBDU?

On fees, KBDU is cheaper at 1.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEX or KBDU?

KBDU is cheaper with a 1.26% expense ratio, compared with 1.30% for BEX.

Which ETF pays a higher dividend yield, BEX or KBDU?

BEX and KBDU have nearly identical dividend yields, around 0.00%.

What is the main difference between BEX and KBDU?

BEX is categorized as Leveraged Equities, while KBDU is China Equities. They also come from different issuers: Tradr and KraneShares. Their fees differ too: 1.30% for BEX and 1.26% for KBDU.