KBDUKraneShares 2x Long BIDU Daily ETF
Seeks daily investment results of 200% the daily percentage change of the ADR of Baidu Inc.
By KraneShares · Launched 2025
1.26%
#5,262 of 5,562 · expensive
$0.7M
#5,500 of 5,562 · small
N/A
7 months
#4,993 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 2 holdings = 98.6% of fundconcentrated
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
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
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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