KJD vs. CAS
KJD (KraneShares 2X Long JD Daily ETF) and CAS (Simplify China A Shares PLUS Income ETF) are both exchange-traded funds - KJD is a Leveraged Equities fund actively managed by KraneShares, while CAS is a China Equities fund actively managed by Simplify. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. KJD charges 1.26%/yr vs 0.88%/yr for CAS.
Performance
KJD vs. CAS - Performance Comparison
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Returns By Period
KJD
- 1D
- -5.23%
- 1M
- -31.64%
- YTD
- -24.25%
- 6M
- -26.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CAS
- 1D
- 0.02%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KJD vs. CAS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
KJD KraneShares 2X Long JD Daily ETF | -28.17% |
CAS Simplify China A Shares PLUS Income ETF | 0.50% |
Correlation
The correlation between KJD and CAS is 0.24, 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 May 28, 2026 | 0.24 |
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Return for Risk
KJD vs. CAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) and Simplify China A Shares PLUS Income ETF (CAS). 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.
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Drawdowns
KJD vs. CAS - Drawdown Comparison
The maximum KJD drawdown since its inception was -49.41%, which is greater than CAS's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for KJD and CAS.
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Drawdown Indicators
| KJD | CAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.41% | -6.84% | -42.57% |
Current DrawdownCurrent decline from peak | -49.41% | -2.88% | -46.53% |
Average DrawdownAverage peak-to-trough decline | -29.28% | -2.68% | -26.60% |
Volatility
KJD vs. CAS - Volatility Comparison
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Volatility by Period
| KJD | CAS | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 61.65% | 28.10% | +33.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.65% | 28.10% | +33.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.65% | 28.10% | +33.55% |
KJD vs. CAS - Expense Ratio Comparison
KJD has a 1.26% expense ratio, which is higher than CAS's 0.88% expense ratio.
Dividends
KJD vs. CAS - Dividend Comparison
Neither KJD nor CAS has paid dividends to shareholders.
Frequently Asked Questions
KJD and CAS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
CAS is cheaper with a 0.88% expense ratio, compared with 1.26% for KJD.
KJD and CAS have nearly identical dividend yields, around 0.00%.
KJD is categorized as Leveraged Equities, while CAS is China Equities. They also come from different issuers: KraneShares and Simplify. Their fees differ too: 1.26% for KJD and 0.88% for CAS.
Find the right allocation for KJD and CAS
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