KJD vs. KWEB
KJD (KraneShares 2X Long JD Daily ETF) and KWEB (KraneShares CSI China Internet ETF) are both exchange-traded funds - KJD is a Leveraged Equities fund actively managed by KraneShares, while KWEB is a China Equities fund tracking the CSI Overseas China Internet Index. KJD is actively managed, while KWEB is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. KJD charges 1.26%/yr vs 0.70%/yr for KWEB.
Performance
KJD vs. KWEB - Performance Comparison
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Returns By Period
In the year-to-date period, KJD achieves a -24.25% return, which is significantly higher than KWEB's -28.63% return.
KJD
- 1D
- -5.23%
- 1M
- -31.64%
- YTD
- -24.25%
- 6M
- -26.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KWEB
- 1D
- -0.78%
- 1M
- -9.70%
- YTD
- -28.63%
- 6M
- -29.59%
- 1Y
- -25.64%
- 3Y*
- 0.45%
- 5Y*
- -16.26%
- 10Y*
- -0.65%
KJD vs. KWEB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | -24.25% | -28.21% |
KWEB KraneShares CSI China Internet ETF | -28.63% | -7.73% |
Correlation
The correlation between KJD and KWEB 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 Oct 15, 2025 | 0.71 |
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Return for Risk
KJD vs. KWEB — Risk / Return Rank
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KWEB
KJD vs. KWEB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) and KraneShares CSI China Internet ETF (KWEB). 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 | KWEB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.85 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.64 | — |
| Martin ratioReturn relative to average drawdown | — | -1.36 | — |
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Drawdowns
KJD vs. KWEB - Drawdown Comparison
The maximum KJD drawdown since its inception was -49.41%, smaller than the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for KJD and KWEB.
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Drawdown Indicators
| KJD | KWEB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.41% | -80.92% | +31.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -39.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.96% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -72.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.92% | — |
Current DrawdownCurrent decline from peak | -49.41% | -71.89% | +22.48% |
Average DrawdownAverage peak-to-trough decline | -29.28% | -35.38% | +6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 18.86% | — |
Volatility
KJD vs. KWEB - Volatility Comparison
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Volatility by Period
| KJD | KWEB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.05% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.44% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.65% | 27.15% | +34.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.65% | 47.69% | +13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.65% | 40.00% | +21.65% |
KJD vs. KWEB - Expense Ratio Comparison
KJD has a 1.26% expense ratio, which is higher than KWEB's 0.70% expense ratio.
Dividends
KJD vs. KWEB - Dividend Comparison
KJD has not paid dividends to shareholders, while KWEB's dividend yield for the trailing twelve months is around 8.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
KWEB KraneShares CSI China Internet ETF | 8.63% | 6.16% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% |
Frequently Asked Questions
KJD and KWEB 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, KWEB is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KWEB is cheaper with a 0.70% expense ratio, compared with 1.26% for KJD.
KWEB has the higher dividend yield at 8.63%, compared with 0.00% for KJD.
KJD is categorized as Leveraged Equities, while KWEB is China Equities. Their fees differ too: 1.26% for KJD and 0.70% for KWEB.
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