KJD vs. FLCH
KJD (KraneShares 2X Long JD Daily ETF) and FLCH (Franklin FTSE China ETF) are both China Equities funds. KJD is actively managed, while FLCH is passively managed. A 0.64 correlation means they provide meaningful diversification when combined. KJD charges 1.26%/yr vs 0.19%/yr for FLCH.
Performance
KJD vs. FLCH - Performance Comparison
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Returns By Period
In the year-to-date period, KJD achieves a 1.45% return, which is significantly higher than FLCH's -8.77% return.
KJD
- 1D
- 2.57%
- 1M
- 7.71%
- 6M
- -2.89%
- YTD
- 1.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLCH
- 1D
- -0.27%
- 1M
- 0.01%
- 6M
- -13.50%
- YTD
- -8.77%
- 1Y
- -0.94%
- 3Y*
- 8.69%
- 5Y*
- -4.34%
- 10Y*
- —
KJD vs. FLCH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | 1.45% | -28.21% |
FLCH Franklin FTSE China ETF | -8.77% | -2.26% |
Correlation
The correlation between KJD and FLCH is 0.64, 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 Oct 15, 2025 | 0.64 |
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Return for Risk
KJD vs. FLCH — Risk / Return Rank
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FLCH
KJD vs. FLCH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) and Franklin FTSE China ETF (FLCH). 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.
| KJD | FLCH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.01 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.04 | — |
| Martin ratioReturn relative to average drawdown | — | -0.10 | — |
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Drawdowns
KJD vs. FLCH - Drawdown Comparison
The maximum KJD drawdown since its inception was -50.81%, smaller than the maximum FLCH drawdown of -62.09%. Use the drawdown chart below to compare losses from any high point for KJD and FLCH.
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Drawdown Indicators
| KJD | FLCH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.81% | -62.09% | +11.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.48% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.77% | — |
Current DrawdownCurrent decline from peak | -32.25% | -35.69% | +3.44% |
Average DrawdownAverage peak-to-trough decline | -30.34% | -30.60% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.64% | — |
Volatility
KJD vs. FLCH - Volatility Comparison
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Volatility by Period
| KJD | FLCH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.33% | 19.62% | +41.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.33% | 29.59% | +31.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.33% | 27.81% | +33.52% |
KJD vs. FLCH - Expense Ratio Comparison
KJD has a 1.26% expense ratio, which is higher than FLCH's 0.19% expense ratio.
Dividends
KJD vs. FLCH - Dividend Comparison
KJD has not paid dividends to shareholders, while FLCH's dividend yield for the trailing twelve months is around 2.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLCH Franklin FTSE China ETF | 2.37% | 2.36% | 2.87% | 3.47% | 2.69% | 1.48% | 0.91% | 1.98% | 1.92% | 0.01% |
KJD KraneShares 2X Long JD Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KJD and FLCH have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLCH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLCH is cheaper with a 0.19% expense ratio, compared with 1.26% for KJD.
FLCH has the higher dividend yield at 2.37%, compared with 0.00% for KJD.
They also come from different issuers: KraneShares and Franklin Templeton. Their fees differ too: 1.26% for KJD and 0.19% for FLCH.
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