KPRO vs. KOID

Last updated Jun 25, 2026

KPRO (KraneShares 100% KWEB Defined Outcome January 2026 ETF) and KOID (KraneShares Global Humanoid and Embodied Intelligence Index ETF) are both exchange-traded funds - KPRO is a Options Trading fund actively managed by KraneShares, while KOID is a Technology Equities fund tracking the MerQube Global Humanoid and Embodied Intelligence Index. KPRO is actively managed, while KOID is passively managed. Over the past year, KPRO returned -5.14% vs 55.36% for KOID. At a 0.48 correlation, their price movements are largely independent. KPRO charges 0.95%/yr vs 0.69%/yr for KOID.

Performance

KPRO vs. KOID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) 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, KPRO achieves a -6.26% return, which is significantly lower than KOID's 25.85% return.

KPRO

• 1D: -0.07%
• 1M: -1.30%
• YTD: -6.26%
• 6M: -11.97%
• 1Y: -5.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KOID

• 1D: -0.42%
• 1M: -3.93%
• YTD: 25.85%
• 6M: 28.93%
• 1Y: 55.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KPRO vs. KOID - Yearly Performance Comparison

	2026 (YTD)	2025
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF	-6.26%	2.97%
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	25.85%	27.04%

Correlation

The correlation between KPRO and KOID is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.48

Return for Risk

KPRO vs. KOID — Risk / Return Rank

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

KPRO

KPRO Risk / Return Rank: 5
KPRO Sharpe Ratio Rank: 4
KPRO Sortino Ratio Rank: 5
KPRO Omega Ratio Rank: 3
KPRO Calmar Ratio Rank: 6
KPRO Martin Ratio Rank: 6

KOID

KOID Risk / Return Rank: 69
KOID Sharpe Ratio Rank: 76
KOID Sortino Ratio Rank: 70
KOID Omega Ratio Rank: 67
KOID Calmar Ratio Rank: 69
KOID Martin Ratio Rank: 63

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.

KPRO vs. KOID - 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 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.

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	KOID	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	2.14	-2.73
Sortino ratio: Return per unit of downside risk	-0.66	2.80	-3.46
Omega ratio: Gain probability vs. loss probability	0.89	1.35	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.40	3.06	-3.46
Martin ratio: Return relative to average drawdown	-0.77	10.11	-10.88

KPRO vs. KOID - Sharpe Ratio Comparison

The current KPRO Sharpe Ratio is -0.59, which is lower than the KOID Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of KPRO and KOID, 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

KPRO vs. KOID - Drawdown Comparison

The maximum KPRO drawdown since its inception was -12.98%, smaller than the maximum KOID drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for KPRO and KOID.

Drawdown Indicators

	KPRO	KOID	Difference
Max Drawdown Largest peak-to-trough decline	-12.98%	-18.19%	+5.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.98%	-18.19%	+5.21%
Current Drawdown Current decline from peak	-12.98%	-7.35%	-5.63%
Average Drawdown Average peak-to-trough decline	-2.63%	-3.43%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.68%	5.49%	+1.19%

Volatility

KPRO vs. KOID - Volatility Comparison

The current volatility for KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is 1.48%, while KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID) has a volatility of 11.40%. This indicates that KPRO experiences smaller price fluctuations and is considered to be less risky than KOID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KPRO	KOID	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	11.40%	-9.92%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	21.04%	-13.22%
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	26.13%	-17.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.77%	25.80%	-18.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.77%	25.80%	-18.03%

KPRO vs. KOID - Expense Ratio Comparison

KPRO has a 0.95% expense ratio, which is higher than KOID's 0.69% expense ratio.

Dividends

KPRO vs. KOID - Dividend Comparison

KPRO's dividend yield for the trailing twelve months is around 2.83%, more than KOID's 0.67% yield.

Position	TTM	2025	2024
KOID KraneShares Global Humanoid and Embodied Intelligence Index ETF	0.67%	0.85%	0.00%
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF	2.83%	2.65%	3.70%

Frequently Asked Questions

Can I hold both KPRO and KOID in my portfolio?

KPRO and KOID have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KPRO or KOID?

KOID has higher volatility (11.40%) compared to KPRO (1.48%). In terms of maximum drawdown, KPRO dropped -12.98% vs KOID's -18.19%.

Which ETF is better, KPRO or KOID?

On 1-year performance, KOID leads with 55.36% vs -5.14% for KPRO. On fees, KOID is cheaper at 0.69% per year. On volatility, KPRO has been the lower-risk option at 1.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KPRO or KOID?

Over the 1-year period, KOID has performed better with a 55.36% return vs -5.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KPRO or KOID?

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

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

KPRO has the higher dividend yield at 2.83%, compared with 0.67% for KOID.

What is the main difference between KPRO and KOID?

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

Which has better risk-adjusted returns?

KOID currently has the higher Sharpe Ratio (2.14 vs -0.59), 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.