CAS vs. KJD

Last updated Jul 17, 2026

CAS (Simplify China A Shares PLUS Income ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both China Equities funds. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. CAS charges 0.88%/yr vs 1.26%/yr for KJD.

Performance

CAS vs. KJD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify China A Shares PLUS Income ETF (CAS) and KraneShares 2X Long JD Daily ETF (KJD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CAS

• 1D: -3.09%
• 1M: -7.28%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KJD

• 1D: 2.57%
• 1M: 7.71%
• 6M: -2.89%
• YTD: 1.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CAS vs. KJD - Yearly Performance Comparison

	2026 (YTD)
CAS Simplify China A Shares PLUS Income ETF	-7.21%
KJD KraneShares 2X Long JD Daily ETF	-3.81%

Correlation

The correlation between CAS and KJD is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.11

Return for Risk

CAS vs. KJD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify China A Shares PLUS Income ETF (CAS) and KraneShares 2X Long JD Daily ETF (KJD). 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

CAS vs. KJD - Drawdown Comparison

The maximum CAS drawdown since its inception was -10.52%, smaller than the maximum KJD drawdown of -50.81%. Use the drawdown chart below to compare losses from any high point for CAS and KJD.

Drawdown Indicators

	CAS	KJD	Difference
Max Drawdown Largest peak-to-trough decline	-10.52%	-50.81%	+40.29%
Current Drawdown Current decline from peak	-10.52%	-32.25%	+21.73%
Average Drawdown Average peak-to-trough decline	-3.57%	-30.34%	+26.77%

Volatility

Volatility by Period

	CAS	KJD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.80%	61.33%	-28.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.80%	61.33%	-28.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.80%	61.33%	-28.53%

CAS vs. KJD - Expense Ratio Comparison

CAS has a 0.88% expense ratio, which is lower than KJD's 1.26% expense ratio.

Dividends

CAS vs. KJD - Dividend Comparison

CAS's dividend yield for the trailing twelve months is around 0.38%, while KJD has not paid dividends to shareholders.

Position	TTM
CAS Simplify China A Shares PLUS Income ETF	0.38%
KJD KraneShares 2X Long JD Daily ETF	0.00%

Frequently Asked Questions

Can I hold both CAS and KJD in my portfolio?

CAS and KJD have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CAS or KJD?

On fees, CAS is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CAS or KJD?

CAS is cheaper with a 0.88% expense ratio, compared with 1.26% for KJD.

Which ETF pays a higher dividend yield, CAS or KJD?

CAS has the higher dividend yield at 0.38%, compared with 0.00% for KJD.

What is the main difference between CAS and KJD?

They also come from different issuers: Simplify and KraneShares. Their fees differ too: 0.88% for CAS and 1.26% for KJD.