KMLI vs. KOID

Last updated Jun 3, 2026

KMLI (KraneShares 2x Long MELI Daily ETF) and KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) are both exchange-traded funds - KMLI is a Leveraged Equities fund actively managed by KraneShares, while KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index. KMLI is actively managed, while KOID is passively managed. At a 0.21 correlation, their price movements are largely independent. KMLI charges 1.26%/yr vs 0.69%/yr for KOID.

Performance

KMLI vs. KOID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares 2x Long MELI Daily ETF (KMLI) and KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KMLI achieves a -40.20% return, which is significantly lower than KOID's 34.14% return.

KMLI

• 1D: -6.84%
• 1M: -21.74%
• YTD: -40.20%
• 6M: -46.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KOID

• 1D: -0.07%
• 1M: 14.72%
• YTD: 34.14%
• 6M: 42.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KMLI vs. KOID - Yearly Performance Comparison

	2026 (YTD)	2025
KMLI KraneShares 2x Long MELI Daily ETF	-40.20%	-37.98%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	34.14%	26.28%

Correlation

The correlation between KMLI and KOID is 0.21, 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 Jun 13, 2025	0.21

KMLI vs. KOID - Sectors Allocation Comparison

Sectors	KMLI	KOID
Consumer Cyclical	100.0%	15.8%
Basic Materials	-	5.8%
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	35.5%
Real Estate	-	-
Technology	-	42.8%
Utilities	-	-

Return for Risk

KMLI vs. KOID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 2x Long MELI Daily ETF (KMLI) and KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID). 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

	KMLI	KOID	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.81	2.91	-3.72

Drawdowns

KMLI vs. KOID - Drawdown Comparison

The maximum KMLI drawdown since its inception was -73.23%, which is greater than KOID's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for KMLI and KOID.

Drawdown Indicators

	KMLI	KOID	Difference
Max Drawdown Largest peak-to-trough decline	-73.23%	-18.19%	-55.04%
Current Drawdown Current decline from peak	-69.22%	-1.25%	-67.97%
Average Drawdown Average peak-to-trough decline	-40.78%	-3.35%	-37.43%

Volatility

Volatility by Period

	KMLI	KOID	Difference
Volatility (1Y) Calculated over the trailing 1-year period	79.48%	24.55%	+54.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.48%	24.55%	+54.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.48%	24.55%	+54.93%

KMLI vs. KOID - Expense Ratio Comparison

KMLI has a 1.26% expense ratio, which is higher than KOID's 0.69% expense ratio.

Dividends

KMLI vs. KOID - Dividend Comparison

KMLI's dividend yield for the trailing twelve months is around 17.77%, more than KOID's 0.63% yield.

Position	TTM	2025
KMLI KraneShares 2x Long MELI Daily ETF	17.77%	10.63%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.63%	0.85%

Frequently Asked Questions

Can I hold both KMLI and KOID in my portfolio?

KMLI and KOID have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KMLI or KOID?

On fees, KOID 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, KMLI or KOID?

KOID is cheaper with a 0.69% expense ratio, compared with 1.26% for KMLI.

Which ETF pays a higher dividend yield, KMLI or KOID?

KMLI has the higher dividend yield at 17.77%, compared with 0.63% for KOID.

What is the main difference between KMLI and KOID?

KMLI is categorized as Leveraged Equities, while KOID is Technology Equities. Their fees differ too: 1.26% for KMLI and 0.69% for KOID.