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Launched · SEC filings

KraneShares 2x Long JD Daily ETF

KJDNasdaqCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$14.53+0.05 (+0.32%)

At close: Oct 13, 2026, 4:00 PM

C40/ 100

Rank 131 of 380 in Single-Stock Long Leveraged

C40/100Rank 131 of 380inSingle-Stock Long Leveraged
Intraday session: up, 20 prints from 14.48 to 14.53. Range 14.32 to 14.70. Use the arrow keys to read each point.14.3014.4014.6014.7010 AM12 PM2 PM4 PM
Expense ratio
1.25%
Fund size
$1M
1Y total return
—
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
0M sh
NAV per share
$14.91
52W range
low $13.18high $28.34
Launched
Filings
SEC EDGAR

The ETF.net KJD Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
131 of 380
Six-pillar profile for KJD. Scores out of 100: Cost 39, Risk 60, Mission 100, Tradability 48, Holdings not scored, Durability 48. Strongest: Mission (100). Weakest: Cost (39). Based on 5 of 6 pillars.

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

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
47
This cap took
−7
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D39 out of 100
    Rank 230 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 113 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C48 out of 100
    Rank 187 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 203 of 380

Our read on KJD

ETF.net Research

CKraneShares built its name on China exposure. KJD points that at a single ticker: two times the daily move of JD.com's US-listed ADR, in an ordinary ETF wrapper, no margin account required.

Stated mandate

KJD seeks daily investment results equal to 2 times the daily percentage change of the American Depository Receipt of JD.com, Inc. before fees and expenses.

Why people hold it

  1. 01One job, stated plainly: 2x the daily percentage change of JD.com's American Depository Receipt, before fees. No margin account, no borrow, no losing more than you put in.kraneshares.com
  2. 02It has hit that 2x daily target closely since launch, which is the whole ballgame for a geared fund.
  3. 03A geared play on a Chinese e-commerce ADR stands apart in an aisle stacked with US mega caps: Alphabet (GGLL), Apple (AAPU), AMD (AMDG).

Worth knowing

  1. 01The 2x target resets every day. Hold for weeks and compounding takes the wheel, so results can land far from twice JD.com's move over the stretch, especially in choppy tape.
  2. 02The 1.25% expense ratio runs above the median for 2x single-stock funds, and cheaper shelves exist (UNHG and ASMG at 0.75%).
  3. 03Small and thinly traded since its 2025 launch, so wider bid-ask spreads are part of the real cost of getting in and out.

KJD Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
2
Top-10 weight
100%
Largest holding
Jd.com Inc66.7%

Geography

  • China100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Jd.com Inc66.67%82,044$2M1
002—Cash33.33%-1,021,935$1M112

Showing 1–2 of 2 holdings

KJD Performance

Launched Oct 14, 2025

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.Not enough history yet.
KJD$7,827
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. KJD $7,827. SPY $11,500. Use the arrow keys to read each point.$6,812$10,486$14,161Dec 2025May 2026Oct 2026

Dec 31, 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 KJD. Periods over one year show the average yearly return.
PeriodKJD
Year to date−21.7%
1 month−3.9%
3 months−15.0%
1 yearFund is under 1 year old—
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 KJD
YearReturn barKJD
2026 YTD−21.7%
2025−27.9%

History from Oct 15, 2025

KJD in the news

Filtered to KJD · Single-Stock Long Leveraged

KJD 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.
—Last 12 months
Payout per share
—Last 12 months

Listed Oct 2025. No distributions yet.

KJD Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
0.21
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.

KJD Cost

Expense ratio1.25%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

229 of the 333 Single-Stock Long Leveraged funds charge less.

KJD costs $125.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

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