KPRO

KraneShares 100% KWEB Defined Outcome January 2027 ETF

$30.64
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The KPRO ETF seeks to provide investors with exposure to the performance of the KraneShares KWEB ETF, which tracks the CSI Overseas China Internet Index, while also aiming to limit downside risk through a defined outcome strategy.

Overview

ETF tracking KraneShares 100% KWEB Defined Outcome January 2027 ETF

Category Crypto
Issuer Other
Inception Date 2024-02-08
Market Cap $3.1M
Average Volume N/A
Dividend Yield 3.25%
52-Week Range $26.49 - $31.27
VWAP $30.74

Performance

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Investment Summary

📎 Investment Objective

The KPRO ETF seeks to provide investors with exposure to the performance of the KraneShares KWEB ETF, which tracks the CSI Overseas China Internet Index, while also aiming to limit downside risk through a defined outcome strategy.

🎯 Investment Strategy

The fund uses a defined outcome strategy, which involves purchasing KWEB call options with a strike price set at the beginning of the outcome period. This approach is designed to provide upside participation in the KWEB ETF up to a cap, while also limiting downside risk to a predetermined level.

✨ Key Features

  • Provides exposure to the Chinese internet and technology sector through the KWEB ETF
  • Employs a defined outcome strategy to limit downside risk
  • Resets the defined outcome parameters annually in January
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's performance is subject to the overall performance of the Chinese internet and technology sector
  • Concentration risk: The fund is heavily concentrated in the Chinese market, which can be more volatile than diversified global investments
  • Defined outcome risk: The fund's defined outcome parameters may not be achieved, and investors could lose money
  • Liquidity risk: The fund may have limited trading volume, which could impact its ability to be bought or sold at desired prices

👤 Best For

The KPRO ETF may be suitable for investors seeking exposure to the Chinese internet and technology sector with a defined level of downside protection. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in a concentrated, international sector.