ETF Education Report: KraneShares 2x Long JD Daily ETF (KJD)

What this ETF is trying to do

The KraneShares 2x Long JD Daily ETF (KJD) is an exchange-traded fund designed to track the performance of a specific company. Based on its name and holdings, it aims to provide "leveraged" exposure to JD.com. This means it seeks to move in a direction that is twice as large as the daily movement of the underlying stock.

What the numbers show

As of August 11, 2026, the current price of KJD is $21.39.

When looking at how the fund has performed this year, we look at two different numbers: the price return and the total return.

• The year-to-date (YTD) price return is 15.62%. This number measures only the change in the share price.

• The YTD total return is also 15.62%. Total return is a measure that includes both share price changes and any cash distributions. In this case, both numbers are the same.

Data for the one-year and three-year returns were not supplied in this report.

Income and distribution explanation

Some investors look for ETFs that pay them regular cash, known as distributions. For KJD, the distribution yield is 0%. No distributions have been detected over the last 12 months. Because there are no payouts, this ETF does not currently provide cash income to investors.

Portfolio Exposure

The following is a list of the Top Holdings for this fund. Please note that holdings can change over time.

• JD.COM INC ADR: 9.28%

Pros

• The fund has shown a positive YTD total return of approximately 15.62%.

• It provides concentrated exposure to a single company (JD.com).

Cons

• Because this is a "2x" leveraged ETF, it is designed for daily movements. This can make the price very volatile (changing quickly).

• There is no recorded history of cash distributions for income.

Beginner takeaway

KJD is a specialized tool used to bet on the daily movement of JD.com with double the intensity. While it has seen a price increase so far this year, leveraged ETFs can be very risky because their prices can move up or down very quickly. Always remember that past performance does not guarantee what will happen in the future.