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KraneShares Sustainable Ultra Short Duration Index ETF​

KCSHNYSE ArcaKraneSharesB

$25.130.00 (+0.01%)

As of Nov 10, 2026, 9:46 AM ET

Intraday session: up, 2 prints from 25.13 to 25.13. Range 25.11 to 25.13. Use the arrow keys to read each point.25.1125.1125.1225.1310 AM12 PM2 PM4 PM
Expense ratio
0.20%*
Fund size
$174M
1Y total return
+4.1%
Yield · Last 12 months
3.81%
Holdings
77
Avg volume · 30D
11.6K sh
52W range
low $24.99high $25.27
Launched

*After a fee waiver that ends Aug 1, 2028. Without it: 0.30%.

The ETF.net KCSH Grade

B

Score 56 out of 100

Rank
47 of 78
Six-pillar profile for KCSH. Scores out of 100: Cost 39, Risk 60, Mission 100, Tradability 23, Holdings 54, Durability 46. Strongest: Mission (100). Weakest: Tradability (23). Leans toward Mission.

Score 56 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.
    D39 out of 100
    Rank 41 of 78
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 69
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 9 of 76
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F23 out of 100
    Rank 67 of 78
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C54 out of 100
    Rank 40 of 77
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 49 of 78

Our read on KCSH

ETF.net Research

In short

BMost of this aisle is a Treasury-bill parking lot. KCSH is the climate-screened one: sub-one-year investment-grade corporate bonds filtered by ISS climate analysis for Paris Agreement alignment, with income paid monthly.

Stated mandate

Seeks investment results that generally correspond to the price and yield performance of the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index. The index covers U.S.-dollar investment-grade corporate debt maturing within one year and aligned with the Paris Agreement.

Why people hold it

  • The differentiator is the screen: ISS climate analysis, Paris 1.5C-by-2050 alignment and fossil fuel exclusions, applied to ultra-short corporate credit.kraneshares.com
  • The index targets credit and rate risk similar to mainstream ultra-short investment-grade benchmarks, so the screen reshapes the issuer list more than the risk profile.kraneshares.com
  • Roughly 160 short-dated corporate bonds, held physically inside a 1940 Act fund, with distributions monthly rather than quarterly.kraneshares.com
  • Fee sits near the category median at 0.20% net of a waiver through August 1, 2028, a long runway for a screened product in a price-war category.

Worth knowing

  • Bill funds are cheaper: VBIL 0.06%, CLIP 0.07%, ICSH 0.08%, no waivers. KCSH is 0.20% net of a waiver through August 1, 2028, and 0.30% gross if it lapses.
  • This is corporate credit, not government paper. Investment-grade and under a year to maturity, but default and spread risk exist where a Treasury bill fund has effectively none.kraneshares.com
  • Small and lightly traded next to the category's giants, and live only since 2024: spreads can be wider and the track record is short.

KCSH Performance

Launched Jul 25, 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.
KCSH$10,411
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. KCSH $10,411. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 KCSH. Periods over one year show the average yearly return.
PeriodKCSH
Year to date+3.4%
1 month+0.6%
3 months+1.2%
1 year+4.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 KCSH
YearReturn barKCSH
2026 YTD+3.4%
2025+4.5%
2024+1.9%

History from Jul 26, 2024

KCSH in the news

KCSH 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 Nov 9, 2026.
3.81%Last 12 months
Payout per share
$0.96Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 27 payments from 2024 to 2026 YTD. Aug 29, 2024 $0.08; Sep 27, 2024 $0.10; Oct 30, 2024 $0.11; Nov 27, 2024 $0.09; Dec 30, 2024 $0.14; Jan 30, 2025 $0.09; Feb 27, 2025 $0.09; Mar 28, 2025 $0.09; Apr 29, 2025 $0.09; May 29, 2025 $0.09; Jun 27, 2025 $0.08; Jul 30, 2025 $0.09; Aug 28, 2025 $0.08; Sep 29, 2025 $0.08; Oct 30, 2025 $0.10; Nov 26, 2025 $0.08; Dec 30, 2025 $0.12; Jan 29, 2026 $0.07; Feb 26, 2026 $0.07; Mar 30, 2026 $0.08; Apr 29, 2026 $0.07; May 28, 2026 $0.07; Jun 29, 2026 $0.08; Jul 30, 2026 $0.08; Aug 28, 2026 $0.07; Sep 29, 2026 $0.09; Oct 29, 2026 $0.08. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Oct 30, 2026$0.08
Sep 29, 2026Sep 30, 2026$0.09
Aug 28, 2026Aug 31, 2026$0.07
Jul 30, 2026Jul 31, 2026$0.08
Jun 29, 2026Jun 30, 2026$0.08
May 28, 2026May 29, 2026$0.07
Apr 29, 2026Apr 30, 2026$0.07
Mar 30, 2026Mar 31, 2026$0.08
Feb 26, 2026Feb 27, 2026$0.07
Jan 29, 2026Jan 30, 2026$0.07
Dec 30, 2025Dec 31, 2025$0.12
Nov 26, 2025Nov 28, 2025$0.08

See all 27 payments⁠

$10,000 in KCSH 1 year ago paid $382 in dividends.⁠

KCSH Risk

How much the fund’s monthly returns vary, scaled to a year.
0.4%
Annualised · 27 months to Oct 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.
−0.03
vs 3-month T-bills · 27 months to Oct 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.
−0.6%
27 months · trough Dec 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.
0.01
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.

FMP measures it over up to five years of monthly returns.

KCSH Cost

Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income

$3,517

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KCSH 0.20%

    $4,155

  • XHLF 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • KCSH 0.20%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530KCSH $4,155XHLF $638

Year by year

YearKCSHXHLFOverpaying
10$365$55$310
20$1,421$216$1,205
30$4,155$638$3,517
How the 0.20% is worked out

Full fee 0.30%− waiver 0.10%= you pay 0.20%

The waiver ends Aug 1, 2028. After that the fee is 0.30% unless KraneShares renews it. Source: prospectus, Jul 2026.

Other funds in Cash & Ultra-Short Income