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KraneShares 2x Long BIDU Daily ETF (KBDU)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
18.95 USD -1.92 (-9.182%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:40 a.m. EDT

The instrument is a 2x leveraged daily ETF tracking Baidu, making it inherently unsuitable for long-term holding due to compounding decay and volatility drag, which is evident in the significant discount to the 50-day and 200-day moving averages. While the recent 14-day price action shows a sharp rebound from a low of $16.19 to close near $20.41, suggesting a temporary technical bounce, the underlying asset lacks any dividend history or income generation. The statistical forecast model indicates a weak bearish lean (-3.07%) with low confidence, which aligns with the broader downtrend rather than offering a high-conviction reversal signal. Consequently, the security offers no value as a buy-and-hold investment and presents limited directional clarity for a short-term trade given the conflicting momentum signals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.167127
MSTL0.172913
AutoARIMA0.173309
AutoETS0.173311
MSTL_170.205201

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 0.52
Ljung-Box p 0.000
Jarque-Bera p 0.432
Excess Kurtosis -0.82
Attribute Value
Trailing P/E 40.20

Info Dump

Attribute Value
All Time High 46.986
All Time Low 16.193
Ask 23.97
Ask Size 2
Average Daily Volume10 Day 1,760
Average Daily Volume3 Month 1,596
Average Volume 1,596
Average Volume10Days 1,760
Beta3 Year 0.0
Bid 14.03
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.08
Day Low 18.6
Eps Trailing Twelve Months 0.47143927
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.16346
Fifty Day Average Change -5.2096596
Fifty Day Average Change Percent -0.21560073
Fifty Two Week Change Percent -11.069465
Fifty Two Week High 46.986
Fifty Two Week High Change -28.0322
Fifty Two Week High Change Percent -0.5966075
Fifty Two Week Low 16.193
Fifty Two Week Low Change 2.7607994
Fifty Two Week Low Change Percent 0.17049338
Fifty Two Week Range 16.193 - 46.986
First Trade Date Milliseconds 1,763,735,400,000
Full Exchange Name NasdaqGM
Fund Family KraneShares
Fund Inception Date 1,763,424,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-11-20
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the Underlying Stock and financial instruments, such as swap agreements and options, that, in combination, provide investment exposure to 2 times (200%) the performance of the Underlying Stock. The fund is non-diversified.
Long Name KraneShares 2x Long BIDU Daily ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1903082696
Nav Price 20.42
Net Assets 487,025.0
Net Expense Ratio 1.26
Open 19.08
Phone 1-855-857-2638
Pre Market Change -1.8400002
Pre Market Change Percent -9.892474
Pre Market Price 16.76
Pre Market Time 1,784,016,450
Previous Close 20.87
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.9162006
Regular Market Change Percent -9.181603
Regular Market Day High 19.08
Regular Market Day Low 18.6
Regular Market Day Range 18.6 - 19.08
Regular Market Open 19.08
Regular Market Previous Close 20.87
Regular Market Price 18.9538
Regular Market Time 1,783,972,800
Regular Market Volume 6,578
Short Name KraneShares 2x Long BIDU Daily
Source Interval 15
Symbol KBDU
Total Assets 487,025
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 40.204117
Trailing Peg Ratio None
Trailing Three Month Nav Returns -5.02194
Trailing Three Month Returns -5.02194
Triggerable 1
Two Hundred Day Average 27.62968
Two Hundred Day Average Change -8.67588
Two Hundred Day Average Change Percent -0.31400582
Type Disp ETF
Volume 6,578
Ytd Return -36.87622