KraneShares Asia Pacific High Income USD Bond ETF
$23.70+0.03 (+0.11%)
- 0.69%
- $15M
- +5.5%
- 8.68%
- 0M sh
- $23.58
- low $23.51high $24.88
The ETF.net KHYB Grade
D
Score 35 out of 100
- 72 of 85
Score 35 of 100 falls in the D 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.F12 out of 100Rank 74 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.B58 out of 100Rank 61 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 10 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F21 out of 100Rank 77 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 74 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 64 of 85
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
- 66
- 29%
- Cash
Sectors
- Consumer Staples100.0%
Geography
- Hong Kong19.66%
- United Kingdom11.00%
- India10.60%
- Mongolia9.30%
- British Virgin Islands6.03%
- Philippines5.87%
- Pakistan5.72%
- China5.05%
- 26.76%
Developed 39% · Emerging 61%
KHYB Performance
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.
KHYB$10,547
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.
| Period | KHYB |
|---|---|
| Year to date | +3.7% |
| 1 month | −0.8% |
| 3 months | +0.5% |
| 1 year | +5.5% |
| 3 years | +10.0% |
| 5 years | +2.9% |
| 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 | +3.7% | |
| 2025 | +9.6% | |
| 2024 | +10.8% | |
| 2023 | +3.5% | |
| 2022 | −10.1% | |
| 2021 | −12.3% | |
| 2020 | +4.1% |
KHYB in the news
KHYB Dividends
- 8.68%
- $2.06
- $0.19 per share
- Monthly
Distribution history
KHYB Risk
- 4.3%
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.
- 1.19
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.
- −26.0%
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
0.69%
KHYB0.69%
- The middle half of US High Yield funds
- Median 0.43%
73 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- DCLOBVanEck AA-BB CLO ETFExpense ratio 0.45%1 year return +5.1%
- DHYSABondBloxx High Yield Income ETFExpense ratio 0.55%1 year return +2.2%
- DHYHGProShares - High Yield - Interest Rate HedgedExpense ratio 0.50%1 year return +7.1%
- DTFLRT. Rowe Price Floating Rate ETFExpense ratio 0.61%1 year return +4.8%
- DCDXSimplify High Yield ETFExpense ratio 0.50%1 year return −2.9%