KOID vs. KMLI

Last updated Jun 24, 2026

KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) and KMLI (KraneShares 2x Long MELI Daily ETF) are both exchange-traded funds - KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index, while KMLI is a Leveraged Equities fund actively managed by KraneShares. KOID is passively managed, while KMLI is actively managed. Over the past year, KOID returned 61.07% vs -69.10% for KMLI. At a 0.23 correlation, their price movements are largely independent. KOID charges 0.69%/yr vs 1.26%/yr for KMLI.

Performance

KOID vs. KMLI - 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 2x Long MELI Daily ETF (KMLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOID achieves a 26.38% return, which is significantly higher than KMLI's -46.82% return.

KOID

• 1D: -5.61%
• 1M: -3.52%
• YTD: 26.38%
• 6M: 29.73%
• 1Y: 61.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KMLI

• 1D: -0.46%
• 1M: -11.01%
• YTD: -46.82%
• 6M: -46.08%
• 1Y: -69.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KOID vs. KMLI - Yearly Performance Comparison

	2026 (YTD)	2025
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	26.38%	26.46%
KMLI KraneShares 2x Long MELI Daily ETF	-46.82%	-38.14%

Correlation

The correlation between KOID and KMLI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.23

KOID vs. KMLI - Sectors Allocation Comparison

Sectors	KOID	KMLI
Technology	43.1%	-
Industrials	37.2%	-
Consumer Cyclical	14.7%	100.0%
Basic Materials	4.9%	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

KOID vs. KMLI — Risk / Return Rank

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

KOID

KOID Risk / Return Rank: 71
KOID Sharpe Ratio Rank: 78
KOID Sortino Ratio Rank: 71
KOID Omega Ratio Rank: 69
KOID Calmar Ratio Rank: 71
KOID Martin Ratio Rank: 65

KMLI

KMLI Risk / Return Rank: 1
KMLI Sharpe Ratio Rank: 2
KMLI Sortino Ratio Rank: 2
KMLI Omega Ratio Rank: 1
KMLI Calmar Ratio Rank: 1
KMLI Martin Ratio Rank: 1

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. KMLI - 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 2x Long MELI Daily ETF (KMLI). 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	KMLI	Difference
Sharpe ratio: Return per unit of total volatility	2.35	-0.88	+3.23
Sortino ratio: Return per unit of downside risk	3.01	-1.37	+4.38
Omega ratio: Gain probability vs. loss probability	1.38	0.82	+0.56
Calmar ratio: Return relative to maximum drawdown	3.37	-0.95	+4.32
Martin ratio: Return relative to average drawdown	11.20	-1.45	+12.64

KOID vs. KMLI - Sharpe Ratio Comparison

The current KOID Sharpe Ratio is 2.35, which is higher than the KMLI Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of KOID and KMLI, 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. KMLI - Drawdown Comparison

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

Drawdown Indicators

	KOID	KMLI	Difference
Max Drawdown Largest peak-to-trough decline	-18.19%	-73.23%	+55.04%
Max Drawdown (1Y) Largest decline over 1 year	-18.19%	-73.23%	+55.04%
Current Drawdown Current decline from peak	-6.96%	-72.63%	+65.67%
Average Drawdown Average peak-to-trough decline	-3.41%	-42.28%	+38.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.47%	47.75%	-42.28%

Volatility

KOID vs. KMLI - Volatility Comparison

The current volatility for KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) is 11.66%, while KraneShares 2x Long MELI Daily ETF (KMLI) has a volatility of 18.41%. This indicates that KOID experiences smaller price fluctuations and is considered to be less risky than KMLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOID	KMLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.66%	18.41%	-6.75%
Volatility (6M) Calculated over the trailing 6-month period	21.06%	61.16%	-40.10%
Volatility (1Y) Calculated over the trailing 1-year period	26.15%	78.94%	-52.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.84%	78.49%	-52.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.84%	78.49%	-52.65%

KOID vs. KMLI - Expense Ratio Comparison

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

Dividends

KOID vs. KMLI - Dividend Comparison

KOID's dividend yield for the trailing twelve months is around 0.67%, less than KMLI's 19.99% yield.

Position	TTM	2025
KMLI KraneShares 2x Long MELI Daily ETF	19.99%	10.63%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.67%	0.85%

Frequently Asked Questions

Can I hold both KOID and KMLI in my portfolio?

KOID and KMLI 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 is riskier, KOID or KMLI?

KMLI has higher volatility (18.41%) compared to KOID (11.66%). In terms of maximum drawdown, KOID dropped -18.19% vs KMLI's -73.23%.

Which ETF is better, KOID or KMLI?

On 1-year performance, KOID leads with 61.07% vs -69.10% for KMLI. On fees, KOID is cheaper at 0.69% per year. On volatility, KOID has been the lower-risk option at 11.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOID or KMLI?

Over the 1-year period, KOID has performed better with a 61.07% return vs -69.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOID or KMLI?

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

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

KMLI has the higher dividend yield at 19.99%, compared with 0.67% for KOID.

What is the main difference between KOID and KMLI?

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

Which has better risk-adjusted returns?

KOID currently has the higher Sharpe Ratio (2.35 vs -0.88), 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.