KPRO vs. KJD
KPRO (KraneShares 100% KWEB Defined Outcome January 2026 ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both exchange-traded funds - KPRO is a Options Trading fund actively managed by KraneShares, while KJD is a Leveraged Equities fund actively managed by KraneShares. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. KPRO charges 0.95%/yr vs 1.26%/yr for KJD.
Performance
KPRO vs. KJD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KPRO achieves a -6.26% return, which is significantly higher than KJD's -24.25% return.
KPRO
- 1D
- -0.07%
- 1M
- -1.30%
- YTD
- -6.26%
- 6M
- -11.97%
- 1Y
- -5.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KJD
- 1D
- -5.23%
- 1M
- -31.64%
- YTD
- -24.25%
- 6M
- -26.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KPRO vs. KJD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | -6.26% | -5.72% |
KJD KraneShares 2X Long JD Daily ETF | -24.25% | -28.21% |
Correlation
The correlation between KPRO and KJD is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025 | 0.68 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KPRO vs. KJD — Risk / Return Rank
KPRO
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KPRO vs. KJD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) and KraneShares 2X Long JD Daily ETF (KJD). 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.
| KPRO | KJD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.89 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | — | — |
| Martin ratioReturn relative to average drawdown | -0.77 | — | — |
Loading charts...
Drawdowns
KPRO vs. KJD - Drawdown Comparison
The maximum KPRO drawdown since its inception was -12.98%, smaller than the maximum KJD drawdown of -49.41%. Use the drawdown chart below to compare losses from any high point for KPRO and KJD.
Loading charts...
Drawdown Indicators
| KPRO | KJD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.98% | -49.41% | +36.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.98% | — | — |
Current DrawdownCurrent decline from peak | -12.98% | -49.41% | +36.43% |
Average DrawdownAverage peak-to-trough decline | -2.63% | -29.28% | +26.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | — | — |
Volatility
KPRO vs. KJD - Volatility Comparison
Loading charts...
Volatility by Period
| KPRO | KJD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.83% | 61.65% | -52.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.77% | 61.65% | -53.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.77% | 61.65% | -53.88% |
KPRO vs. KJD - Expense Ratio Comparison
KPRO has a 0.95% expense ratio, which is lower than KJD's 1.26% expense ratio.
Dividends
KPRO vs. KJD - Dividend Comparison
KPRO's dividend yield for the trailing twelve months is around 2.83%, while KJD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | 0.00% | 0.00% | 0.00% |
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | 2.83% | 2.65% | 3.70% |
Frequently Asked Questions
KPRO and KJD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KPRO is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KPRO is cheaper with a 0.95% expense ratio, compared with 1.26% for KJD.
KPRO has the higher dividend yield at 2.83%, compared with 0.00% for KJD.
KPRO is categorized as Options Trading, while KJD is Leveraged Equities. Their fees differ too: 0.95% for KPRO and 1.26% for KJD.
Find the right allocation for KPRO and KJD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer