NBCE vs. KJD
NBCE (Neuberger Berman China Equity ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both China Equities funds. Both are actively managed. Their 0.16 correlation means their historical movements had little consistent relationship. NBCE charges 0.74%/yr vs 1.26%/yr for KJD.
Performance
NBCE vs. KJD - Performance Comparison
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Returns By Period
In the year-to-date period, NBCE achieves a 14.31% return, which is significantly lower than KJD's 24.47% return.
NBCE
- 1D
- -1.21%
- 1M
- -10.16%
- 6M
- 9.48%
- YTD
- 14.31%
- 1Y
- 41.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.47%
KJD
- 1D
- 4.42%
- 1M
- 51.02%
- 6M
- 28.51%
- YTD
- 24.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.29K | $62.29K | $79.36K | |
| $51.90K | $60.15K | $41.04K |
NBCE vs. KJD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBCE Neuberger Berman China Equity ETF | 14.31% | 6.16% |
KJD KraneShares 2X Long JD Daily ETF | 24.47% | -28.21% |
Correlation
The correlation between NBCE and KJD is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025 | 0.16 |
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Return for Risk
NBCE vs. KJD — Risk / Return Rank
NBCE
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBCE vs. KJD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman China Equity ETF (NBCE) 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.
| NBCE | KJD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | — | — |
| Martin ratioReturn relative to average drawdown | 8.73 | — | — |
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Drawdowns
NBCE vs. KJD - Drawdown Comparison
The maximum NBCE drawdown since its inception was -28.42%, smaller than the maximum KJD drawdown of -50.81%. Use the drawdown chart below to compare losses from any high point for NBCE and KJD.
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Drawdown Indicators
| NBCE | KJD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.42% | -50.81% | +22.39% |
Max Drawdown (1Y)Largest decline over 1 year | -17.60% | — | — |
Current DrawdownCurrent decline from peak | -16.15% | -16.87% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -30.11% | +21.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | — | — |
Volatility
NBCE vs. KJD - Volatility Comparison
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Volatility by Period
| NBCE | KJD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.62% | 60.95% | -37.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.02% | 60.95% | -35.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 60.95% | -35.93% |
NBCE vs. KJD - Expense Ratio Comparison
NBCE has a 0.74% expense ratio, which is lower than KJD's 1.26% expense ratio.
Dividends
NBCE vs. KJD - Dividend Comparison
NBCE's dividend yield for the trailing twelve months is around 1.16%, 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% |
NBCE Neuberger Berman China Equity ETF | 1.16% | 1.32% | 1.20% |
Frequently Asked Questions
NBCE and KJD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NBCE is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NBCE is cheaper with a 0.74% expense ratio, compared with 1.26% for KJD.
NBCE has the higher dividend yield at 1.16%, compared with 0.00% for KJD.
They also come from different issuers: Neuberger Berman and KraneShares. Their fees differ too: 0.74% for NBCE and 1.26% for KJD.
Find the right allocation for NBCE and KJD
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