KJD vs. NBIG

Last updated Aug 4, 2026

KJD (KraneShares 2X Long JD Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both exchange-traded funds - KJD is a China Equities fund actively managed by KraneShares, while NBIG is a Leveraged Equities fund actively managed by Leverage Shares. Both are actively managed. Their 0.20 correlation means their historical movements had little consistent relationship. KJD charges 1.26%/yr vs 0.75%/yr for NBIG.

Performance

KJD vs. NBIG - Performance Comparison

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

Returns By Period

In the year-to-date period, KJD achieves a 24.37% return, which is significantly lower than NBIG's 179.36% return.

KJD

• 1D: -0.08%
• 1M: 50.90%
• 6M: 28.04%
• YTD: 24.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NBIG

• 1D: 23.39%
• 1M: -21.75%
• 6M: 170.93%
• YTD: 179.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KJD KraneShares 2X Long JD Daily ETF	$81.04K	$59.94K	$80.44K
NBIG Leverage Shares 2X Long NBIS Daily ETF	$54.25M	$46.33M	$38.34M

KJD vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
KJD KraneShares 2X Long JD Daily ETF	24.37%	-27.72%
NBIG Leverage Shares 2X Long NBIS Daily ETF	179.36%	-59.80%

Correlation

The correlation between KJD and NBIG is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.20

Return for Risk

KJD vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 2X Long JD Daily ETF (KJD) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). 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.

Drawdowns

KJD vs. NBIG - Drawdown Comparison

The maximum KJD drawdown since its inception was -50.81%, smaller than the maximum NBIG drawdown of -78.77%. Use the drawdown chart below to compare losses from any high point for KJD and NBIG.

Drawdown Indicators

	KJD	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-50.81%	-78.77%	+27.96%
Current Drawdown Current decline from peak	-16.94%	-58.80%	+41.86%
Average Drawdown Average peak-to-trough decline	-30.05%	-42.17%	+12.12%

Volatility

Volatility by Period

	KJD	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	60.80%	219.67%	-158.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.80%	219.67%	-158.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.80%	219.67%	-158.87%

KJD vs. NBIG - Expense Ratio Comparison

KJD has a 1.26% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

KJD vs. NBIG - Dividend Comparison

Neither KJD nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KJD and NBIG in my portfolio?

KJD and NBIG have a correlation of 0.20, 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 NBIG?

On fees, NBIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KJD or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.26% for KJD.

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

KJD and NBIG have nearly identical dividend yields, around 0.00%.

What is the main difference between KJD and NBIG?

KJD is categorized as China Equities, while NBIG is Leveraged Equities. They also come from different issuers: KraneShares and Leverage Shares. Their fees differ too: 1.26% for KJD and 0.75% for NBIG.