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KBDUKraneShares 2x Long BIDU Daily ETF

Take a betNewRanked #754 of 775 in this goal

Seeks daily investment results of 200% the daily percentage change of the ADR of Baidu Inc.

By KraneShares · Launched 2025

Annual Cost

1.26%

#5,262 of 5,562 · expensive

Fund Size

$0.7M

#5,500 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

7 months

#4,993 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$7,147-28.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

Top 2 holdings = 98.6% of fundconcentrated

MAREX COLLATERAL BALANCE
92.4%
REF: 2X BIDU US EQUITY
6.2%

Asset allocation

Cash
95.0%
Stocks
5.0%

By sector

Communication
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-59.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% the daily percentage change of the ADR of Baidu Inc.
Strategy
Invests primarily in the Underlying Stock and financial instruments, such as swap agreements and options, to provide 2x daily exposure to the performance of Baidu Inc. The Fund aims to generate 2x the daily performance for a single day, with daily rebalancing affecting exposure. It may invest in government securities, cash equivalents, and corporate fixed-income securities as collateral. The Fund is non-diversified and will concentrate investments in the communication services sector, specifically media and entertainment, holding 25% or more of total assets in this industry.
Inception date
November 18, 2025
Fund family
KraneShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

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 2026-06-19