KJD vs. KPRO
KJD (KraneShares 2X Long JD Daily ETF) and KPRO (KraneShares 100% KWEB Defined Outcome January 2026 ETF) are both exchange-traded funds - KJD is a Leveraged Equities fund actively managed by KraneShares, while KPRO is a Options Trading fund actively managed by KraneShares. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. KJD charges 1.26%/yr vs 0.95%/yr for KPRO.
Performance
KJD vs. KPRO - Performance Comparison
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Returns By Period
In the year-to-date period, KJD achieves a -20.07% return, which is significantly lower than KPRO's -6.19% return.
KJD
- 1D
- -6.60%
- 1M
- -27.87%
- YTD
- -20.07%
- 6M
- -22.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KPRO
- 1D
- -0.11%
- 1M
- -1.22%
- YTD
- -6.19%
- 6M
- -11.82%
- 1Y
- -4.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KJD vs. KPRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | -20.07% | -28.21% |
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | -6.19% | -5.72% |
Correlation
The correlation between KJD and KPRO is 0.68, 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 | 0.68 |
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Return for Risk
KJD vs. KPRO — Risk / Return Rank
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KPRO
KJD vs. KPRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) and KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO). 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 | KPRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.90 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.34 | — |
| Martin ratioReturn relative to average drawdown | — | -0.67 | — |
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Drawdowns
KJD vs. KPRO - Drawdown Comparison
The maximum KJD drawdown since its inception was -49.17%, which is greater than KPRO's maximum drawdown of -12.91%. Use the drawdown chart below to compare losses from any high point for KJD and KPRO.
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Drawdown Indicators
| KJD | KPRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.17% | -12.91% | -36.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.91% | — |
Current DrawdownCurrent decline from peak | -46.62% | -12.91% | -33.71% |
Average DrawdownAverage peak-to-trough decline | -29.16% | -2.61% | -26.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.63% | — |
Volatility
KJD vs. KPRO - Volatility Comparison
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Volatility by Period
| KJD | KPRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.53% | 8.86% | +52.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.53% | 7.77% | +53.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.53% | 7.77% | +53.76% |
KJD vs. KPRO - Expense Ratio Comparison
KJD has a 1.26% expense ratio, which is higher than KPRO's 0.95% expense ratio.
Dividends
KJD vs. KPRO - Dividend Comparison
KJD has not paid dividends to shareholders, while KPRO's dividend yield for the trailing twelve months is around 2.83%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | 0.00% | 0.00% | 0.00% |
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | 2.83% | 2.65% | 3.70% |
Frequently Asked Questions
KJD and KPRO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KPRO is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KPRO is cheaper with a 0.95% expense ratio, compared with 1.26% for KJD.
KPRO has the higher dividend yield at 2.83%, compared with 0.00% for KJD.
KJD is categorized as Leveraged Equities, while KPRO is Options Trading. Their fees differ too: 1.26% for KJD and 0.95% for KPRO.
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