KJD vs. KLXY

Last updated Jun 4, 2026

KJD (KraneShares 2X Long JD Daily ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both exchange-traded funds - KJD 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. KJD is actively managed, while KLXY is passively managed. At a 0.27 correlation, their price movements are largely independent. KJD charges 1.26%/yr vs 0.69%/yr for KLXY.

Performance

KJD vs. KLXY - Performance Comparison

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

Returns By Period

KJD

• 1D: -4.75%
• 1M: -6.67%
• YTD: 1.96%
• 6M: -6.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLXY

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

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

KJD vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025
KJD KraneShares 2X Long JD Daily ETF	1.96%	-27.86%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	2.44%

Correlation

The correlation between KJD and KLXY is 0.27, 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 Oct 16, 2025	0.27

Return for Risk

KJD vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) 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

	KJD	KLXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	—	—

Drawdowns

Drawdown Indicators

	KJD	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-49.17%	—	—
Current Drawdown Current decline from peak	-31.90%	—	—
Average Drawdown Average peak-to-trough decline	-28.63%	—	—

Volatility

Volatility by Period

	KJD	KLXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.90%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.90%	—	—

KJD vs. KLXY - Expense Ratio Comparison

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

Dividends

KJD vs. KLXY - Dividend Comparison

KJD 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
KJD KraneShares 2X Long JD 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 KJD and KLXY in my portfolio?

KJD and KLXY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KJD 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, KJD or KLXY?

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

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

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

What is the main difference between KJD and KLXY?

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