KPDD KraneShares 2X Long PDD Daily ETF
Quote as of Oct 12, 2026 15:36 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 4.91 | Day Range | 4.81 – 4.95 |
| 52-Week Range | 4.10 – 29.15 | Volume | 75.23K |
| Avg Volume | 277.10K | AUM | $16.0M (Oct 12, 2026) |
| Expense Ratio | 1.26% | Yield (TTM) | 135.42% |
| NAV | 4.92 | Premium/Discount | -1.12% indicative |
| Inception | Mar 11, 2025 | Holdings | 4 |
| Issuer | KraneShares | Exchange | NASDAQ |
| Category | Consumer Discretionary | Index Tracked | Not stated in source data |
| CUSIP | 500767330 | ISIN | US5007673305 |
| Structure | Leveraged 2x | ||
| Management | Not stated in source data | ||
About this ETF
The KraneShares 2x Long PDD Daily ETF (KPDD) is engineered to deliver daily investment performance equivalent to double (200%) the day-to-day percentage fluctuation of PDD Holdings Inc.'s (NASDAQ: PDD) U.S.-traded stock or American Depositary Receipts. This goal is measured prior to factoring in any associated costs and management fees.
Description from the fund data provider · profile as of Oct 12, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +5.14% | -13.25% | -41.82% | -57.27% | -81.15% | — | — | — | -64.31% |
| Total return | +5.14% | -13.25% | -41.82% | -57.27% | -69.56% | — | — | — | -51.64% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.26% | Annual cost of a $10,000 investment | $126.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | PDD HOLDINGS INC | — | 66.67% | 378.64K | $29.6M |
| 2 | Cash | — | 33.33% | -14.44M | $14.8M |
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Sector Exposure
Distributions
| Yield (TTM) | 135.42% | Paid (last 12 months) | $6.6490 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 22, 2025 | Last payment | $6.6490 (Dec 23, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 22, 2025 | Dec 22, 2025 | Dec 23, 2025 | $6.6490 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 66.59% / — | Sharpe 1Y / 3Y | -0.928 / — |
| Max drawdown 1Y / 3Y | -75.98% / — | Sortino 1Y | -1.22 |
| Beta vs S&P 500 (3Y) | 1.56 | Correlation vs S&P 500 (1Y) | 0.307 |
| Downside deviation 1Y | 50.82% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 12, 2026. Formulas →
Liquidity
| Volume today | 75.23K | Average volume | 277.10K |
| AUM | $16.0M | Premium/Discount | -1.12% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $1.2M | +7.86% | $14.8M → $16.0M |
| 1 Month | $540.8K | +3.76% | $14.4M → $16.0M |
| 1 Week | $1.6M | +11.92% | $13.3M → $16.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for KPDD
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.