KBDU vs. KBA
KBDU (KraneShares 2X Long BIDU Daily ETF) and KBA (KraneShares Bosera MSCI China A Share ETF) are both China Equities funds. KBDU is actively managed, while KBA is passively managed. At a 0.41 correlation, their price movements are largely independent. KBDU charges 1.26%/yr vs 0.60%/yr for KBA.
Performance
KBDU vs. KBA - Performance Comparison
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Returns By Period
In the year-to-date period, KBDU achieves a -39.04% return, which is significantly lower than KBA's 7.54% return.
KBDU
- 1D
- 2.38%
- 1M
- -2.52%
- 6M
- -52.02%
- YTD
- -39.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KBA
- 1D
- -2.09%
- 1M
- -2.95%
- 6M
- 5.54%
- YTD
- 7.54%
- 1Y
- 36.56%
- 3Y*
- 14.01%
- 5Y*
- 6.17%
- 10Y*
- 9.32%
KBDU vs. KBA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KBDU KraneShares 2X Long BIDU Daily ETF | -39.04% | 19.79% |
KBA KraneShares Bosera MSCI China A Share ETF | 7.54% | 4.47% |
Correlation
The correlation between KBDU and KBA is 0.41, 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 Nov 20, 2025 | 0.41 |
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Return for Risk
KBDU vs. KBA — Risk / Return Rank
KBDU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KBA
KBDU vs. KBA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long BIDU Daily ETF (KBDU) and KraneShares Bosera MSCI China A Share ETF (KBA). 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.
| KBDU | KBA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.80 | — |
| Martin ratioReturn relative to average drawdown | — | 11.18 | — |
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Drawdowns
KBDU vs. KBA - Drawdown Comparison
The maximum KBDU drawdown since its inception was -64.77%, which is greater than KBA's maximum drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for KBDU and KBA.
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Drawdown Indicators
| KBDU | KBA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.77% | -53.24% | -11.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.65% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.32% | — |
Current DrawdownCurrent decline from peak | -59.22% | -6.13% | -53.09% |
Average DrawdownAverage peak-to-trough decline | -33.76% | -25.60% | -8.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.28% | — |
Volatility
KBDU vs. KBA - Volatility Comparison
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Volatility by Period
| KBDU | KBA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.80% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 102.68% | 20.29% | +82.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.68% | 27.47% | +75.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.68% | 25.46% | +77.22% |
KBDU vs. KBA - Expense Ratio Comparison
KBDU has a 1.26% expense ratio, which is higher than KBA's 0.60% expense ratio.
Dividends
KBDU vs. KBA - Dividend Comparison
KBDU has not paid dividends to shareholders, while KBA's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBA KraneShares Bosera MSCI China A Share ETF | 1.45% | 1.56% | 2.18% | 2.34% | 49.05% | 9.07% | 0.65% | 1.53% | 3.77% | 1.46% | 6.62% | 29.08% |
KBDU KraneShares 2X Long BIDU Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KBDU and KBA have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KBA is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KBA is cheaper with a 0.60% expense ratio, compared with 1.26% for KBDU.
KBA has the higher dividend yield at 1.45%, compared with 0.00% for KBDU.
They also come from different issuers: KraneShares and CICC. Their fees differ too: 1.26% for KBDU and 0.60% for KBA.
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