KPROKraneShares 100% KWEB Defined Outcome January 2027 ETF
Seeks to provide returns that match the total return of the KraneShares CSI China Internet ETF with a 20.01% cap and a buffer against 100% of losses.
By KraneShares · Launched 2024
1.04%
#5,305 of 5,861 · expensive
$3M
#5,358 of 5,861 · small
+3.3%
2 years
#3,350 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
Asia pacificStrategy
Structured outcome
Index tracked
CSI Overseas China Internet Index
What it actually holds
By weightConcentration
Top 3 holdings = 99.8% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide returns that match the total return of the KraneShares CSI China Internet ETF with a 20.01% cap and a buffer against 100% of losses.
- Strategy
- Invests at least 80% of net assets in the KraneShares CSI China Internet ETF and FLEX options to provide a buffer against 100% of losses and a cap of 20.01% on gains. Focuses on China Internet Companies, aiming to deliver returns that match the Underlying ETF's performance.
- Inception date
- February 7, 2024
- 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.
You can build this cheaper yourself
Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.
Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)
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 2026-08-04