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Launched · SEC filings

KraneShares 100% KWEB Defined Outcome January 2027 ETF

KPRONYSE ArcaKraneSharesF

$26.240.00 (+0.02%)

As of Nov 2, 2026, 10:00 AM ET

F19/ 100

Rank 23 of 24 in Other Floor Protected

F19/100Rank 23 of 24inOther Floor Protected
Intraday session: up, 1 prints from 26.24 to 26.24. Range 26.24 to 26.24. Use the arrow keys to read each point.26.2426.2426.2510 AM12 PM2 PM4 PM
Expense ratio
1.00%
Fund size
$3M
1Y total return
−7.0%
Yield · Last 12 months
9.73%
Holdings
3
Avg volume · 30D
466 sh
52W range
low $26.16high $30.98
Launched
Filings
SEC EDGAR

The ETF.net KPRO Grade

Based on 5 of 6 pillars

F

Score 19 out of 100

Category
Other Floor Protected⁠
Rank
23 of 24
Six-pillar profile for KPRO. Scores out of 100: Cost 4, Risk 38, Mission not scored, Tradability 19, Holdings 36, Durability 58. Strongest: Durability (58). Weakest: Cost (4). Based on 5 of 6 pillars.

Score 19 of 100 falls in the F 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
20
This cap took
0
Published Score
19 Grade F

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F4 out of 100
    Rank 23 of 24

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 15 of 24

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 22 of 24

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 10 of 10

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 12 of 24

Our read on KPRO

ETF.net Research

In short

FBuffered ETFs almost always wrap the S&P 500. KPRO points the same machinery at China internet stocks, tracking that basket's price move to a January 2027 finish line with a 100% downside buffer and a capped upside.

Stated mandate

KPRO seeks to match the price return of KWEB during its defined outcome period, subject to a 20.01% cap and a 100% downside buffer.

Why people hold it

  • The buffer is the full 100%, not a 9% or 15% slice. Held from the start of the outcome period to its January 2027 end, the structure is built to absorb reference-price losses, before fees.kraneshares.com
  • Defined-outcome wrappers cluster around US large caps and small caps. A stated cap and floor bolted onto a China internet basket is a genuinely unusual thing to find in this corner of the market.
  • One decision, one date. The cap and buffer are fixed for the outcome period, so there is no monthly reset or option roll to babysit.kraneshares.com

Worth knowing

  • It charges 1.00% a year, above the typical fee among protected-outcome funds, and that comes out of a return that is capped on the upside by design.
  • The mandate follows KWEB's price return, so dividends and distributions from the underlying basket are not part of the payoff.kraneshares.com
  • Small and thinly traded, so spreads can widen. Sell mid-period and you get whatever the options package is worth that day, not the stated outcome.

KPRO Holdings

Holdings pillarD36 out of 100Rank 10 of 10 in Other Floor Protected
Asset class
Stocks
Holdings
3
Top-10 weight
100%
Largest holding
KWEB76.4%

Sectors

  • Communication36.9%
  • Consumer Discretionary33.3%
  • Technology17.5%
  • Real Estate4.4%
  • Health Care3.9%
  • Consumer Staples3.0%
  • Financials0.9%

Geography

  • China74.30%
  • United States24.92%
  • Singapore0.78%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1KWEBKraneShares CSI China Internet ETF76.44%108,100$2.51M8
2No data2KWEB Us 01/15/27 P30.5423.54%1,081$772K1
3No dataCash0.10%3,239$3.24K104

Showing 1–3 of 3 holdings

KPRO Performance

Launched Feb 7, 2024

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.
KPRO$9,298
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. KPRO $9,298. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 KPRO. Periods over one year show the average yearly return.
PeriodKPRO
Year to date−7.4%
1 month−0.5%
3 months−3.5%
1 year−7.0%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 KPRO
YearReturn barKPRO
2026 YTD−7.4%
2025+14.6%
2024+12.7%

History from Feb 8, 2024

KPRO in the news

KPRO 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 30, 2026.
9.73%Last 12 months
Payout per share
$2.55Last 12 months
Last payment
$2.55 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $1.00; Dec 30, 2025 $2.55. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$2.55
Dec 30, 2024Dec 31, 2024$1.00

$10,000 in KPRO 1 year ago paid $830 in dividends.

KPRO Risk

Risk pillarD38 out of 100Rank 15 of 24 in Other Floor Protected
How much the fund’s monthly returns vary, scaled to a year.
6.6%
Annualised · 32 months to Oct 2026
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.
0.34
vs 3-month T-bills · 32 months to Oct 2026
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.
−9.2%
32 months · trough Oct 2026
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.
0.13
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.

FMP measures it over up to five years of monthly returns.

KPRO Cost

Compare KPRO and ISWN

Overpaying vs ISWN, cheapest in Other Floor Protected

$8,896

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KPRO 1.00%

    $18,688

  • ISWN 0.49% Cheapest

    $9,792

$10,000
30 years

Cost over time

  • KPRO 1.00%
  • ISWN 0.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530KPRO $18,688ISWN $9,792

Year by year

YearKPROISWNOverpaying
10$1,763$883$880
20$6,625$3,394$3,231
30$18,688$9,792$8,896

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