KBDUKraneShares 2x Long BIDU Daily ETF
Seeks daily investment results of 2 times (200%) the daily percentage change of the ADR of Baidu Inc.
By KraneShares · Launched 2025
1.26%
#5,509 of 5,854 · expensive
$0.5M
#5,730 of 5,854 · small
N/A
9 months
#4,887 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of 2 times (200%) the daily percentage change of the ADR of Baidu Inc.
- Strategy
- Invests at least 80% of net assets in the ADR of Baidu Inc. and financial instruments to achieve 2 times the daily performance of the Underlying Stock. Designed for sophisticated investors, the Fund's returns may differ significantly from 200% of the Underlying Stock's performance over longer periods due to compounding and volatility.
- Inception date
- November 18, 2025
- Fund family
- KraneShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-03