KPDD

KraneShares 2x Long PDD Daily ETF

$25.43

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The KraneShares 2x Long PDD Daily ETF (KPDD) seeks to provide 2x the daily return of the Nasdaq-100 Index, which tracks the performance of 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market.

Overview

ETF tracking KraneShares 2x Long PDD Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-12

Market Cap $12.7M

Average Volume N/A

Dividend Yield N/A

52-Week Range $13.40 - $30.52

VWAP $25.64

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

KPDD is a leveraged ETF that aims to achieve its investment objective by investing in a portfolio of financial instruments, such as swap agreements and futures contracts, that provide 2x the daily performance of the Nasdaq-100 Index. The fund does not invest directly in the underlying index components.

✨ Key Features

Provides 2x the daily return of the Nasdaq-100 Index
Utilizes financial derivatives to achieve its leveraged exposure
Resets its leverage daily, which can lead to compounding effects over longer holding periods
Has a low expense ratio of 0.00%

⚠️ Primary Risks

Leveraged funds can experience greater volatility and risk of loss compared to non-leveraged funds
Daily rebalancing can lead to performance deviation from the underlying index over longer time periods
Counterparty risk associated with the use of derivatives
Lack of performance history, as the fund has not yet completed a full year of trading

👤 Best For

KPDD is best suited for experienced, risk-tolerant investors who seek to amplify their exposure to the Nasdaq-100 Index on a short-term basis and understand the risks associated with leveraged ETFs. This fund is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.