KBDU vs. KLXY

Last updated Jun 3, 2026

KBDU (KraneShares 2X Long BIDU Daily ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both exchange-traded funds - KBDU is a Leveraged Equities fund actively managed by KraneShares, while KLXY is a Consumer Discretionary Equities fund tracking the Solactive Global Luxury Index - Benchmark TR Net. KBDU is actively managed, while KLXY is passively managed. At a 0.07 correlation, their price movements are largely independent. KBDU charges 1.26%/yr vs 0.69%/yr for KLXY.

Performance

KBDU vs. KLXY - Performance Comparison

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

Returns By Period

KBDU

• 1D: 6.90%
• 1M: 13.27%
• YTD: -6.19%
• 6M: 10.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KBDU vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025
KBDU KraneShares 2X Long BIDU Daily ETF	-6.19%	34.59%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	7.01%

Correlation

The correlation between KBDU and KLXY is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.07

Return for Risk

KBDU vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long BIDU Daily ETF (KBDU) and Kraneshares Global Luxury Index ETF (KLXY). 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.

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

Sharpe Ratios by Period

	KBDU	KLXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	—	—

Drawdowns

Drawdown Indicators

	KBDU	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-59.14%	—	—
Current Drawdown Current decline from peak	-37.26%	—	—
Average Drawdown Average peak-to-trough decline	-28.63%	—	—

Volatility

Volatility by Period

	KBDU	KLXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	102.18%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.18%	—	—

KBDU vs. KLXY - Expense Ratio Comparison

KBDU has a 1.26% expense ratio, which is higher than KLXY's 0.69% expense ratio.

Dividends

KBDU vs. KLXY - Dividend Comparison

KBDU has not paid dividends to shareholders, while KLXY's dividend yield for the trailing twelve months is around 0.85%.

Position	TTM	2025	2024	2023
KBDU KraneShares 2X Long BIDU Daily ETF	0.00%	0.00%	0.00%	0.00%
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%

Frequently Asked Questions

Can I hold both KBDU and KLXY in my portfolio?

KBDU and KLXY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KBDU or KLXY?

On fees, KLXY is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KBDU or KLXY?

KLXY is cheaper with a 0.69% expense ratio, compared with 1.26% for KBDU.

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

KLXY has the higher dividend yield at 0.85%, compared with 0.00% for KBDU.

What is the main difference between KBDU and KLXY?

KBDU is categorized as Leveraged Equities, while KLXY is Consumer Discretionary Equities. Their fees differ too: 1.26% for KBDU and 0.69% for KLXY.