KOID vs. KBUF

Last updated Jul 15, 2026

KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) and KBUF (KraneShares 90% KWEB Defined Outcome January 2026 ETF) are both exchange-traded funds - KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index, while KBUF is a Options Trading fund actively managed by KraneShares. KOID is passively managed, while KBUF is actively managed. Over the past year, KOID returned 46.98% vs -6.78% for KBUF. A 0.51 correlation means they provide meaningful diversification when combined. KOID charges 0.69%/yr vs 0.95%/yr for KBUF.

Performance

KOID vs. KBUF - 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 KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOID achieves a 21.24% return, which is significantly higher than KBUF's -12.83% return.

KOID

• 1D: 1.13%
• 1M: -5.39%
• 6M: 14.63%
• YTD: 21.24%
• 1Y: 46.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KBUF

• 1D: -0.01%
• 1M: -0.33%
• 6M: -16.04%
• YTD: -12.83%
• 1Y: -6.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KOID vs. KBUF - Yearly Performance Comparison

	2026 (YTD)	2025
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	21.24%	27.04%
KBUF KraneShares 90% KWEB Defined Outcome January 2026 ETF	-12.83%	8.49%

Correlation

The correlation between KOID and KBUF is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.51

The correlation between KOID and KBUF has been stable across timeframes, ranging from 0.51 to 0.51 - a consistent structural relationship.

Return for Risk

KOID vs. KBUF — Risk / Return Rank

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

KOID

KOID Risk / Return Rank: 62
KOID Sharpe Ratio Rank: 66
KOID Sortino Ratio Rank: 61
KOID Omega Ratio Rank: 60
KOID Calmar Ratio Rank: 65
KOID Martin Ratio Rank: 58

KBUF

KBUF Risk / Return Rank: 5
KBUF Sharpe Ratio Rank: 5
KBUF Sortino Ratio Rank: 5
KBUF Omega Ratio Rank: 5
KBUF Calmar Ratio Rank: 6
KBUF Martin Ratio Rank: 6

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. KBUF - 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 KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF). 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	KBUF	Difference
Sharpe ratio: Return per unit of total volatility	1.72	-0.51	+2.23
Sortino ratio: Return per unit of downside risk	2.30	-0.65	+2.94
Omega ratio: Gain probability vs. loss probability	1.29	0.92	+0.37
Calmar ratio: Return relative to maximum drawdown	2.60	-0.32	+2.92
Martin ratio: Return relative to average drawdown	8.13	-0.70	+8.83

KOID vs. KBUF - Sharpe Ratio Comparison

The current KOID Sharpe Ratio is 1.72, which is higher than the KBUF Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of KOID and KBUF, 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. KBUF - Drawdown Comparison

The maximum KOID drawdown since its inception was -18.19%, smaller than the maximum KBUF drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for KOID and KBUF.

Drawdown Indicators

	KOID	KBUF	Difference
Max Drawdown Largest peak-to-trough decline	-18.19%	-21.14%	+2.95%
Max Drawdown (1Y) Largest decline over 1 year	-18.19%	-21.14%	+2.95%
Current Drawdown Current decline from peak	-10.75%	-17.98%	+7.23%
Average Drawdown Average peak-to-trough decline	-3.64%	-4.80%	+1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.79%	9.70%	-3.91%

Volatility

KOID vs. KBUF - Volatility Comparison

KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) has a higher volatility of 12.52% compared to KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF) at 3.28%. This indicates that KOID's price experiences larger fluctuations and is considered to be riskier than KBUF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOID	KBUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.52%	3.28%	+9.24%
Volatility (6M) Calculated over the trailing 6-month period	23.04%	10.56%	+12.48%
Volatility (1Y) Calculated over the trailing 1-year period	27.54%	13.23%	+14.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	14.21%	+12.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.95%	14.21%	+12.74%

KOID vs. KBUF - Expense Ratio Comparison

KOID has a 0.69% expense ratio, which is lower than KBUF's 0.95% expense ratio.

Dividends

KOID vs. KBUF - Dividend Comparison

KOID's dividend yield for the trailing twelve months is around 0.70%, less than KBUF's 8.62% yield.

Position	TTM	2025	2024
KBUF KraneShares 90% KWEB Defined Outcome January 2026 ETF	8.62%	7.51%	3.53%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.70%	0.85%	0.00%

Frequently Asked Questions

Can I hold both KOID and KBUF in my portfolio?

KOID and KBUF have a correlation of 0.51, 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 KBUF?

KOID has higher volatility (12.52%) compared to KBUF (3.28%). In terms of maximum drawdown, KOID dropped -18.19% vs KBUF's -21.14%.

Which ETF is better, KOID or KBUF?

On 1-year performance, KOID leads with 46.98% vs -6.78% for KBUF. On fees, KOID is cheaper at 0.69% per year. On volatility, KBUF has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOID or KBUF?

Over the 1-year period, KOID has performed better with a 46.98% return vs -6.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOID or KBUF?

KOID is cheaper with a 0.69% expense ratio, compared with 0.95% for KBUF.

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

KBUF has the higher dividend yield at 8.62%, compared with 0.70% for KOID.

What is the main difference between KOID and KBUF?

KOID is categorized as Technology Equities, while KBUF is Options Trading. Their fees differ too: 0.69% for KOID and 0.95% for KBUF.

Which has better risk-adjusted returns?

KOID currently has the higher Sharpe Ratio (1.72 vs -0.51), 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.