KOID vs. BNDD

Last updated Jun 26, 2026

KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) and BNDD (Quadratic Deflation ETF) are both exchange-traded funds - KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index, while BNDD is a Government Bonds fund actively managed by KraneShares. KOID is passively managed, while BNDD is actively managed. Over the past year, KOID returned 56.54% vs 5.11% for BNDD. At a 0.10 correlation, their price movements are largely independent. KOID charges 0.69%/yr vs 1.02%/yr for BNDD.

Performance

KOID vs. BNDD - Performance Comparison

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

Returns By Period

In the year-to-date period, KOID achieves a 26.73% return, which is significantly higher than BNDD's 7.62% return.

KOID

• 1D: 0.70%
• 1M: -6.70%
• YTD: 26.73%
• 6M: 29.83%
• 1Y: 56.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDD

• 1D: 0.42%
• 1M: 3.77%
• YTD: 7.62%
• 6M: 5.99%
• 1Y: 5.11%
• 3Y*: -3.83%
• 5Y*: —
• 10Y*: —

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

KOID vs. BNDD - Yearly Performance Comparison

	2026 (YTD)	2025
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	26.73%	27.04%
BNDD Quadratic Deflation ETF	7.62%	-1.93%

Correlation

The correlation between KOID and BNDD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.10

Return for Risk

KOID vs. BNDD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KOID

KOID Risk / Return Rank: 72
KOID Sharpe Ratio Rank: 79
KOID Sortino Ratio Rank: 72
KOID Omega Ratio Rank: 70
KOID Calmar Ratio Rank: 71
KOID Martin Ratio Rank: 65

BNDD

BNDD Risk / Return Rank: 17
BNDD Sharpe Ratio Rank: 17
BNDD Sortino Ratio Rank: 15
BNDD Omega Ratio Rank: 15
BNDD Calmar Ratio Rank: 20
BNDD Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KOID vs. BNDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) and Quadratic Deflation ETF (BNDD). 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.

	KOID	BNDD	Difference
Sharpe ratio: Return per unit of total volatility	2.19	0.49	+1.70
Sortino ratio: Return per unit of downside risk	2.84	0.76	+2.08
Omega ratio: Gain probability vs. loss probability	1.36	1.09	+0.27
Calmar ratio: Return relative to maximum drawdown	3.12	0.84	+2.28
Martin ratio: Return relative to average drawdown	10.30	1.81	+8.49

KOID vs. BNDD - Sharpe Ratio Comparison

The current KOID Sharpe Ratio is 2.19, which is higher than the BNDD Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of KOID and BNDD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KOID vs. BNDD - Drawdown Comparison

The maximum KOID drawdown since its inception was -18.19%, smaller than the maximum BNDD drawdown of -30.87%. Use the drawdown chart below to compare losses from any high point for KOID and BNDD.

Drawdown Indicators

	KOID	BNDD	Difference
Max Drawdown Largest peak-to-trough decline	-18.19%	-30.87%	+12.68%
Max Drawdown (1Y) Largest decline over 1 year	-18.19%	-6.09%	-12.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.75%	—
Current Drawdown Current decline from peak	-6.70%	-24.18%	+17.48%
Average Drawdown Average peak-to-trough decline	-3.44%	-19.39%	+15.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.51%	2.82%	+2.69%

Volatility

KOID vs. BNDD - Volatility Comparison

KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) has a higher volatility of 10.73% compared to Quadratic Deflation ETF (BNDD) at 2.66%. This indicates that KOID's price experiences larger fluctuations and is considered to be riskier than BNDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOID	BNDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.73%	2.66%	+8.07%
Volatility (6M) Calculated over the trailing 6-month period	21.00%	8.29%	+12.71%
Volatility (1Y) Calculated over the trailing 1-year period	25.96%	10.50%	+15.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.75%	13.34%	+12.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.75%	13.34%	+12.41%

KOID vs. BNDD - Expense Ratio Comparison

KOID has a 0.69% expense ratio, which is lower than BNDD's 1.02% expense ratio.

Dividends

KOID vs. BNDD - Dividend Comparison

KOID's dividend yield for the trailing twelve months is around 0.67%, less than BNDD's 3.50% yield.

Position	TTM	2025	2024	2023	2022	2021
BNDD Quadratic Deflation ETF	3.50%	3.82%	3.85%	4.30%	43.17%	1.04%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.67%	0.85%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOID and BNDD in my portfolio?

KOID and BNDD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOID or BNDD?

KOID has higher volatility (10.73%) compared to BNDD (2.66%). In terms of maximum drawdown, KOID dropped -18.19% vs BNDD's -30.87%.

Which ETF is better, KOID or BNDD?

On 1-year performance, KOID leads with 56.54% vs 5.11% for BNDD. On fees, KOID is cheaper at 0.69% per year. On volatility, BNDD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOID or BNDD?

Over the 1-year period, KOID has performed better with a 56.54% return vs 5.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOID or BNDD?

KOID is cheaper with a 0.69% expense ratio, compared with 1.02% for BNDD.

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

BNDD has the higher dividend yield at 3.50%, compared with 0.67% for KOID.

What is the main difference between KOID and BNDD?

KOID is categorized as Technology Equities, while BNDD is Government Bonds. Their fees differ too: 0.69% for KOID and 1.02% for BNDD.

Which has better risk-adjusted returns?

KOID currently has the higher Sharpe Ratio (2.19 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.