KBDU vs. KTEC
KBDU (KraneShares 2X Long BIDU Daily ETF) and KTEC (KraneShares Hang Seng TECH Index ETF) are both exchange-traded funds - KBDU is a Leveraged Equities fund actively managed by KraneShares, while KTEC is a China Equities fund tracking the Hang Seng Tech Index. KBDU is actively managed, while KTEC is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. KBDU charges 1.26%/yr vs 0.69%/yr for KTEC.
Performance
KBDU vs. KTEC - Performance Comparison
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Returns By Period
In the year-to-date period, KBDU achieves a -43.24% return, which is significantly lower than KTEC's -21.65% return.
KBDU
- 1D
- -4.63%
- 1M
- -31.14%
- YTD
- -43.24%
- 6M
- -36.75%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KTEC
- 1D
- -0.41%
- 1M
- -8.23%
- YTD
- -21.65%
- 6M
- -22.39%
- 1Y
- -21.94%
- 3Y*
- 3.03%
- 5Y*
- -13.12%
- 10Y*
- —
KBDU vs. KTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KBDU KraneShares 2X Long BIDU Daily ETF | -43.24% | 19.79% |
KTEC KraneShares Hang Seng TECH Index ETF | -21.65% | -1.41% |
Correlation
The correlation between KBDU and KTEC is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | 0.71 |
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Return for Risk
KBDU vs. KTEC — Risk / Return Rank
KBDU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KTEC
KBDU vs. KTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long BIDU Daily ETF (KBDU) and KraneShares Hang Seng TECH Index ETF (KTEC). 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 | KTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.88 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.63 | — |
| Martin ratioReturn relative to average drawdown | — | -1.23 | — |
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Drawdowns
KBDU vs. KTEC - Drawdown Comparison
The maximum KBDU drawdown since its inception was -62.04%, smaller than the maximum KTEC drawdown of -66.90%. Use the drawdown chart below to compare losses from any high point for KBDU and KTEC.
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Drawdown Indicators
| KBDU | KTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.04% | -66.90% | +4.86% |
Max Drawdown (1Y)Largest decline over 1 year | — | -35.03% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.90% | — |
Current DrawdownCurrent decline from peak | -62.04% | -50.55% | -11.49% |
Average DrawdownAverage peak-to-trough decline | -31.20% | -43.97% | +12.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 17.81% | — |
Volatility
KBDU vs. KTEC - Volatility Comparison
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Volatility by Period
| KBDU | KTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.17% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 102.66% | 27.82% | +74.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.66% | 43.21% | +59.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.66% | 43.03% | +59.63% |
KBDU vs. KTEC - Expense Ratio Comparison
KBDU has a 1.26% expense ratio, which is higher than KTEC's 0.69% expense ratio.
Dividends
KBDU vs. KTEC - Dividend Comparison
KBDU has not paid dividends to shareholders, while KTEC's dividend yield for the trailing twelve months is around 4.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
KBDU KraneShares 2X Long BIDU Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KTEC KraneShares Hang Seng TECH Index ETF | 4.28% | 3.36% | 0.27% | 0.81% | 0.16% |
Frequently Asked Questions
KBDU and KTEC have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KTEC is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KTEC is cheaper with a 0.69% expense ratio, compared with 1.26% for KBDU.
KTEC has the higher dividend yield at 4.28%, compared with 0.00% for KBDU.
KBDU is categorized as Leveraged Equities, while KTEC is China Equities. Their fees differ too: 1.26% for KBDU and 0.69% for KTEC.
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