KraneShares Asia Pacific High Income USD Bond ETF
$23.92−0.10 (−0.42%)
- Expense ratio
- 0.69%
- Fund size
- $16M
- 1Y return
- +6.3%
- Yield · Last 12 months
- 8.46%
- Holdings
- 76
- Volume · 30D
- 0M sh
- NAV per share
- $23.96
- 52W range
The ETF.net KHYB Grade
Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 12Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 56Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 61Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 23Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 42Category rank
Our read on KHYB
DMost high-yield ETFs buy American junk bonds. KHYB heads east instead: an actively run book of dollar-denominated high-yield corporate debt from Asian issuers, benchmarked to J.P. Morgan's Asia Credit non-investment-grade corporate index.
The fund actively invests in USD-denominated high-yield debt securities issued by Asian companies and is benchmarked to the J.P. Morgan Asia Credit Index Non-Investment Grade Corporate Index.
Why people hold it
- A rare pure play: high-yield corporate debt from Asian issuers, all US dollar denominated, so a US buyer isn't also making a currency bet.kraneshares.com
- Actively managed against its Asia credit benchmark, holding roughly 80 bonds, so managers can step around individual issuers instead of owning whatever the index lists.kraneshares.com
- Plain 1940 Act ETF wrapper with a live record back to 2018, not a recent launch chasing a theme.
Worth knowing
- Costs 0.69% a year, several times what the broadest US high-yield index ETFs (SCYB, SPHY) charge, which leaves it toward the back of a crowded cohort on price.
- A small, thinly traded fund: bid-ask spreads tend to be wider than the mega high-yield names, and size matters more when you're placing an order.
- Distributions arrive on an irregular schedule rather than a fixed monthly rhythm, and the portfolio rides one region's credit cycle.
KHYB Holdings
- Stocks
- 76
- 27%
- Cash
Sectors
- Cons. Staples100.0%
Geography
- Hong Kong19.77%
- United Kingdom11.19%
- India10.70%
- Mongolia9.33%
- Philippines5.90%
- Pakistan5.76%
- British Virgin Islands5.60%
- China5.04%
- 26.70%
Developed 37% · Emerging 63%
KHYB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | KHYB |
|---|---|
| Year to date | +4.6% |
| 1 month | +0.1% |
| 3 months | +1.8% |
| 1 year | +6.3% |
| 3 years | +10.3% |
| 5 years | +1.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KHYB |
|---|---|---|
| 2026 YTD | +4.6% | |
| 2025 | +9.6% | |
| 2024 | +10.8% | |
| 2023 | +3.5% | |
| 2022 | −10.1% | |
| 2021 | −12.3% | |
| 2020 | +4.1% |
KHYB in the news
ETF.net Research hasn’t filed on KHYB yet — coverage lands here as it’s written.
KHYB Dividends
- 8.46%
- $2.04
- $0.19 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.19 |
| Jul 30, 2026 | Jul 31, 2026 | $0.19 |
| Jun 29, 2026 | Jun 30, 2026 | $0.19 |
| May 28, 2026 | May 29, 2026 | $0.19 |
| Apr 29, 2026 | Apr 30, 2026 | $0.19 |
| Mar 30, 2026 | Mar 31, 2026 | $0.18 |
| Feb 26, 2026 | Feb 27, 2026 | $0.19 |
| Jan 29, 2026 | Jan 30, 2026 | $0.19 |
| Nov 26, 2025 | Nov 28, 2025 | $0.17 |
| Oct 30, 2025 | Oct 31, 2025 | $0.17 |
| Sep 29, 2025 | Sep 30, 2025 | $0.17 |
| Aug 28, 2025 | Aug 29, 2025 | $0.17 |
KHYB Risk
- 4.2%
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.
- 1.40
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.
- −30.2%
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.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KHYB Cost
- The middle half of US High Yield funds
- Median 0.43%
72 of the 84 US High Yield funds charge less.