Skip to content
etf.net

KJD

GradeCNASDAQ Global Select

KraneShares 2x Long JD Daily ETF

Leveraged · Single-Stock Leveraged · KraneShares · Inception 2025-10-14 · SEC filings

This 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.

$15.03−0.31 (−2.02%)

As of Sep 23, 2026, 12:05 PM EDT

History starts Oct 15, 2025.History starts Oct 15, 2025.
Intraday session: down, 14 prints from 15.34 to 15.03. Range 14.81 to 15.17. Use the arrow keys to read each point.$14.80$14.90$15.10$15.2010 AM12 PM2 PM4 PM
Expense ratio
1.25%
Fund size
$1M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$15.36
52W range
low $13.18high $28.34

The ETF.net KJD Grade

C

40/ 100

Rank 171 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for KJD. Scores out of 100: Cost 39, Risk 62, Mission 99, Tradability 49, Holdings not scored, Durability 50. Strongest: Mission (99). Weakest: Cost (39). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned47This cap took−7Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 39
    Category rank233/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank6/147 · top 4%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 62
    Category rank82/285 · top 29%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 49
    Category rank186/380 · top 49%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank195/380 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

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 Sep 21, 2026, 3:50 AM
Asset class
Stocks
Holdings
—
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%82,864$2M1
002—Cash33.33%-1,032,436$1M104

Showing 1–2 of 2 holdings

KJD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KJD$8,292
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. KJD $8,292. SPY $11,430. Use the arrow keys to read each point.$6,923$10,146$13,369Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

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.

Trailing total return for KJD. Periods over one year show the average yearly return.
PeriodKJD
Year to date−17.1%
1 month−14.3%
3 months−3.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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−17.1%
2025−27.9%

History from Oct 15, 2025

KJD in the news

ETF.net Research hasn’t filed on KJD yet — coverage lands here as it’s written.

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 Sep 22, 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%

225 of the 329 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.