---
ticker: "KHYB"
name: "KraneShares Asia Pacific High Income USD Bond ETF"
url: "https://etf.net/etf/KHYB"
grade: "D"
score: 35
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "72 of 85"
methodology: "https://etf.net/methodology"
---

# KHYB: KraneShares Asia Pacific High Income USD Bond ETF

Grade **D**, Score 35 of 100. Rank 72 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 12 | 74 of 85 |
| Mission | 58 | 61 of 74 |
| Risk | 63 | 10 of 85 |
| Tradability | 21 | 77 of 85 |
| Holdings | 28 | 74 of 85 |
| Durability | 42 | 64 of 85 |

## Top holdings

The fund holds 66 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash | 10.21% |
| 2 | — | Cs Treasury Management Services P Ltd 9 Perp | 2.95% |
| 3 | — | Trade & Development Bank of Mongolia Llc 8 1/2 12/23/27 | 2.62% |
| 4 | — | Fortune Star Bvi Ltd 5.05 01/27/27 | 2.59% |
| 5 | — | Standard Chartered PLC 144A 7 Perp | 2.18% |
| 6 | — | Zoomlion Heavy Industry Science and Technology Co 0.7 02/05/31 | 1.89% |
| 7 | — | Medco Cypress Tree Pte Ltd 8 5/8 05/19/30 | 1.68% |
| 8 | — | Sammaan Capital Ltd 8.95 08/28/28 | 1.67% |
| 9 | — | Muangthai Capital Pcl 7.55 07/21/30 | 1.63% |
| 10 | — | State Bank Jsc 8.9 09/25/28 | 1.63% |
| 11 | — | Cge Treasury Ifsc Pvt Ltd 144A 7 7/8 07/28/31 | 1.60% |
| 12 | — | Wynn Macau Ltd 5 5/8 08/26/28 | 1.60% |
| 13 | — | Tsetsens Mining and Energy Llc 11 3/8 02/05/31 | 1.37% |
| 14 | — | Health & Happiness H&H International Holdings Ltd 9 1/8 07/24/28 | 1.36% |
| 15 | — | Iifl Finance Ltd 8 3/4 07/24/28 | 1.33% |
| 16 | — | Rakuten Group Inc 8 1/8 Perp | 1.32% |
| 17 | — | Mongolian Mining Corp 8.44 04/03/30 | 1.32% |
| 18 | — | Li & Fung Ltd 8 3/8 02/05/29 | 1.31% |
| 19 | — | Shui On Development Holding Ltd 9 3/4 01/26/29 | 1.31% |
| 20 | — | Vedanta Resources Finance Ii PLC 9 1/8 10/15/32 | 1.31% |
| 21 | — | Standard Chartered PLC 7 5/8 Perp | 1.31% |
| 22 | — | San Miguel Global Power Holdings Corp 8 3/4 Perp | 1.31% |
| 23 | — | Islamic Rep of Pakistan 6 7/8 12/05/27 | 1.30% |
| 24 | — | San Miguel Global Power Holdings Corp 8 7/8 Perp | 1.30% |
| 25 | — | Iifl Finance Ltd 144A 7.6 09/10/29 | 1.30% |
| 26 | — | Petron Corp 7.35 Perp | 1.30% |
| 27 | — | Melco Resorts Finance Ltd 7 5/8 04/17/32 | 1.30% |
| 28 | — | Central Plaza Development Ltd 6.8 04/07/29 | 1.30% |
| 29 | — | Studio City Finance Ltd 6 1/2 01/15/28 | 1.30% |
| 30 | — | Irb Infrastructure Developers Ltd 7.11 03/11/32 | 1.29% |

Source: etf.net, https://etf.net/etf/KHYB. Please cite the page URL.