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KraneShares Man Buyout Beta Index ETF

BUYONYSE ArcaB

$32.52−0.05 (−0.15%)

As of Oct 13, 2026, 2:05 PM

Intraday session: down, 5 prints from 32.57 to 32.52. Range 32.52 to 32.66. Use the arrow keys to read each point.32.5532.6032.6332.6510 AM12 PM2 PM4 PM
Expense ratio
0.89%
Fund size
$16M
1Y total return
+27.1%
Yield · Last 12 months
0.01%
Holdings
323
Avg volume · 30D
0M sh
NAV per share
$32.87
52W range
low $25.72high $34.53
Launched

The ETF.net BUYO Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Rank
2 of 12
Six-pillar profile for BUYO. Scores out of 100: Cost 60, Risk 88, Mission not scored, Tradability 51, Holdings 76, Durability 29. Strongest: Risk (88). Weakest: Durability (29). Based on 5 of 6 pillars.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B60 out of 100
    Rank 5 of 12
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A88 out of 100
    Rank 1 of 12
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 6 of 12
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 1 of 11
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D29 out of 100
    Rank 11 of 12

Our read on BUYO

ETF.net Research

BPrivate equity's playbook, run through public stocks. BUYO tracks a Man Group index that screens listed companies for the growth, profitability and value traits buyout funds hunt for, then holds roughly 300 of them in a plain ETF wrapper.

Stated mandate

The fund seeks to track the Man Buyout Beta Index, which provides exposure to public companies displaying characteristics associated with private-equity buyout investments.

Why people hold it

  1. 010.89% expense ratio, roughly half the median for listed private-markets ETFs and well under the 1.80% charged by the old guard of the group (PSP).
  2. 02Buyout-style exposure without private-fund plumbing: a systematic index of listed stocks, bought and sold like any other ETF share.kraneshares.com
  3. 03Roughly 300 names screened on growth, profitability and value, so the buyout tilt comes from a broad basket rather than a short list of alternative-asset managers.
  4. 04Ranks in the upper half of its listed private-markets peer group, helped by a diversified book and a risk profile milder than most ways to play this theme.

Worth knowing

  1. 01Small asset base and thin trading. Spreads and market impact can add to the cost of getting in and out, on top of the stated fee.
  2. 02Launched in October 2024, so the record covers only a short stretch of market weather. Less history to judge than most of its peers offer.
  3. 03Cheaper doors into the theme exist (GPZ at 0.40%, GTPE at 0.50%), though each tracks a different slice of the private-markets trade.

BUYO Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
323
Top-10 weight
11%
Largest holding
NWSA1.6%

Sectors

  • Technology25.4%
  • Industrials21.5%
  • Health Care12.6%
  • Consumer Discretionary11.0%
  • Financials9.6%
  • Materials7.8%
  • Communication5.7%
  • Consumer Staples3.5%
  • Utilities2.7%
  • Energy0.3%

Geography

  • United States92.85%
  • Bermuda1.79%
  • United Kingdom1.49%
  • Netherlands1.31%
  • Luxembourg0.85%
  • Jersey0.42%
  • France0.40%
  • Cayman Islands0.29%
  • Other countries (3)0.60%
The fund’s holdings, weight-ordered — page 1 of 22.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NWSANews Corp - Class A1.61%9,061$262K223
002EHCEncompass Health Corp1.38%1,837$225K164
003ASANAsana Inc - Class A1.24%20,459$202K65
004MTRNMaterion Corp1.23%725$201K138
005AMGAffiliated Managers Group1.16%490$190K164
006MORNMorningstar Inc0.99%797$162K158
007NVTNvent Electric PLC0.96%955$157K251
008FTDRFrontdoor Inc0.95%1,938$154K144
009GNRCGenerac Holdings Inc0.93%679$152K221
010LFSTLifestance Health Group Inc0.91%12,372$149K122
011MTCHMatch Group Inc0.90%3,550$147K190
012ATIATI Inc0.89%770$145K221
013AMRXAmneal Pharmaceuticals Inc0.87%7,257$143K131
014TDOCTeladoc Health Inc0.87%25,631$142K87
015AXSAxis Capital Holdings Ltd0.86%1,439$140K134

Showing 1–15 of 323 holdings

BUYO Performance

Launched Oct 7, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
BUYO$12,709
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. BUYO $12,709. SPY $12,044. Use the arrow keys to read each point.$9,469$11,620$13,771Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BUYO. Periods over one year show the average yearly return.
PeriodBUYO
Year to date+17.1%
1 month−0.1%
3 months−1.8%
1 year+27.1%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BUYO
YearReturn barBUYO
2026 YTD+17.1%
2025+10.9%
2024+0.2%

History from Oct 8, 2024

BUYO in the news

Filtered to BUYO · Listed Private Markets · KraneShares

BUYO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.01%Last 12 months
Payout per share
$0.0034Last 12 months
Last payment
$0.0034 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 17, 2024 $0.01; Dec 22, 2025 $0.0034. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 23, 2025$0.0034
Dec 17, 2024Dec 18, 2024$0.01

BUYO Risk

How much the fund’s monthly returns vary, scaled to a year.
17.5%
Annualised · 23 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.57
vs 3-month T-bills · 23 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.0%
24 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.11
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BUYO Cost

Expense ratio0.89%
  • The middle half of Listed Private Markets funds
  • Median 1.35%

4 of the 12 Listed Private Markets funds charge less.

BUYO costs $89.00 a year on $10,000. The median Listed Private Markets fund costs $135.00.

Other funds in Listed Private Markets