KBAB vs. TYD
Compare and contrast key facts about KraneShares 2x Long BABA Daily ETF (KBAB) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD).
KBAB and TYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBAB is an actively managed fund by KraneShares. It was launched on Mar 7, 2025. TYD is a passively managed fund by Direxion that tracks the performance of the NYSE 7-10 Year Treasury Bond Index. It was launched on Apr 16, 2009.
Performance
KBAB vs. TYD - Performance Comparison
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KBAB vs. TYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KBAB KraneShares 2x Long BABA Daily ETF | -31.94% | -7.77% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | -3.07% | 5.30% |
Returns By Period
In the year-to-date period, KBAB achieves a -31.94% return, which is significantly lower than TYD's -3.07% return.
KBAB
- 1D
- 5.59%
- 1M
- -26.07%
- YTD
- -31.94%
- 6M
- -57.04%
- 1Y
- -31.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TYD
- 1D
- 0.45%
- 1M
- -7.75%
- YTD
- -3.07%
- 6M
- -3.16%
- 1Y
- -0.42%
- 3Y*
- -5.91%
- 5Y*
- -11.66%
- 10Y*
- -4.44%
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KBAB vs. TYD - Expense Ratio Comparison
KBAB has a 1.00% expense ratio, which is lower than TYD's 1.09% expense ratio.
Return for Risk
KBAB vs. TYD — Risk / Return Rank
KBAB
TYD
KBAB vs. TYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2x Long BABA Daily ETF (KBAB) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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.
| KBAB | TYD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.35 | -0.03 | -0.32 |
Sortino ratioReturn per unit of downside risk | 0.07 | 0.08 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.01 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | -0.50 | 0.04 | -0.55 |
Martin ratioReturn relative to average drawdown | -1.01 | 0.09 | -1.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KBAB | TYD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | -0.03 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 0.06 | -0.45 |
Correlation
The correlation between KBAB and TYD is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
KBAB vs. TYD - Dividend Comparison
KBAB's dividend yield for the trailing twelve months is around 87.98%, more than TYD's 3.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBAB KraneShares 2x Long BABA Daily ETF | 87.98% | 59.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.12% | 2.97% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% |
Drawdowns
KBAB vs. TYD - Drawdown Comparison
The maximum KBAB drawdown since its inception was -63.69%, roughly equal to the maximum TYD drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for KBAB and TYD.
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Drawdown Indicators
| KBAB | TYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.69% | -64.28% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -63.69% | -10.99% | -52.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -59.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.28% | — |
Current DrawdownCurrent decline from peak | -61.66% | -57.87% | -3.79% |
Average DrawdownAverage peak-to-trough decline | -33.88% | -21.57% | -12.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.72% | 5.18% | +26.54% |
Volatility
KBAB vs. TYD - Volatility Comparison
KraneShares 2x Long BABA Daily ETF (KBAB) has a higher volatility of 25.39% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 5.53%. This indicates that KBAB's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KBAB | TYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.39% | 5.53% | +19.86% |
Volatility (6M)Calculated over the trailing 6-month period | 59.20% | 9.59% | +49.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.59% | 16.22% | +76.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.97% | 22.96% | +69.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.97% | 20.47% | +71.50% |