KSTR vs. KJD

Last updated Jul 14, 2026

KSTR (KraneShares SSE STAR Market 50 Index ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both China Equities funds from KraneShares. KSTR is passively managed, while KJD is actively managed. At a 0.29 correlation, their price movements are largely independent. KSTR charges 0.89%/yr vs 1.26%/yr for KJD.

Performance

KSTR vs. KJD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares SSE STAR Market 50 Index ETF (KSTR) and KraneShares 2X Long JD Daily ETF (KJD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSTR achieves a 52.98% return, which is significantly higher than KJD's -3.67% return.

KSTR

• 1D: -5.54%
• 1M: 17.74%
• 6M: 33.72%
• YTD: 52.98%
• 1Y: 108.49%
• 3Y*: 24.92%
• 5Y*: 1.09%
• 10Y*: —

KJD

• 1D: 4.68%
• 1M: 0.53%
• 6M: -15.61%
• YTD: -3.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KSTR vs. KJD - Yearly Performance Comparison

	2026 (YTD)	2025
KSTR KraneShares SSE STAR Market 50 Index ETF	52.98%	-2.31%
KJD KraneShares 2X Long JD Daily ETF	-3.67%	-28.21%

Correlation

The correlation between KSTR and KJD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.29

Return for Risk

KSTR vs. KJD — Risk / Return Rank

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

KSTR

KSTR Risk / Return Rank: 90
KSTR Sharpe Ratio Rank: 93
KSTR Sortino Ratio Rank: 87
KSTR Omega Ratio Rank: 87
KSTR Calmar Ratio Rank: 95
KSTR Martin Ratio Rank: 88

KJD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

KSTR vs. KJD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) 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.

	KSTR	KJD	Difference
Sharpe ratio: Return per unit of total volatility	2.67	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	6.16	—	—
Martin ratio: Return relative to average drawdown	14.79	—	—

Drawdowns

KSTR vs. KJD - Drawdown Comparison

The maximum KSTR drawdown since its inception was -66.46%, which is greater than KJD's maximum drawdown of -50.81%. Use the drawdown chart below to compare losses from any high point for KSTR and KJD.

Drawdown Indicators

	KSTR	KJD	Difference
Max Drawdown Largest peak-to-trough decline	-66.46%	-50.81%	-15.65%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.31%	—	—
Current Drawdown Current decline from peak	-11.99%	-35.66%	+23.67%
Average Drawdown Average peak-to-trough decline	-38.15%	-30.28%	-7.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.36%	—	—

Volatility

Volatility by Period

	KSTR	KJD	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.01%	61.63%	-20.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.31%	61.63%	-22.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.44%	61.63%	-23.19%

KSTR vs. KJD - Expense Ratio Comparison

KSTR has a 0.89% expense ratio, which is lower than KJD's 1.26% expense ratio.

Dividends

KSTR vs. KJD - Dividend Comparison

Neither KSTR nor KJD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KSTR and KJD in my portfolio?

KSTR and KJD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSTR or KJD?

On fees, KSTR is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSTR or KJD?

KSTR is cheaper with a 0.89% expense ratio, compared with 1.26% for KJD.

Which ETF pays a higher dividend yield, KSTR or KJD?

KSTR and KJD have nearly identical dividend yields, around 0.00%.

What is the main difference between KSTR and KJD?

Their fees differ too: 0.89% for KSTR and 1.26% for KJD.