KraneShares 2x Long PDD Daily ETF (KPDD)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.30 USD
-0.81
(-8.891%) ⇩
(April 21, 2026, 12:10 p.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★★★★ |
Hot Take | April 18, 2026, 10:50 p.m. EDT
Exploit the near-term upside momentum immediately, but beware the massive long-term supply. The instrument is a leveraged vehicle on a stock that just missed earnings, yet the options market is pricing a >100% annualized upside probability cost-adjusted in the next 12months while insurance against that same crash is virtually free. Unless PDD reverts to deep mean or AI/Niche dominance accelerates, KPDD is statistically designed to decay via the compounding effect of daily resets and the 2x leverage on a neutral-to-bearish trajectory, despite the terrible investor 'name' recognition of a dividend yield (which is the compound interest of the previous decline, not a real yield). |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.110532 |
| AutoTheta | 0.111314 |
| AutoETS | 0.111322 |
| AutoARIMA | 0.111497 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 3.43 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.821 |
| Excess Kurtosis | -0.22 |
| Attribute | Value |
|---|---|
| Trailing P/E | 9.10 |
As of April 18, 2026, 10:50 p.m. EDT: Options pricing reveals a severe disconnect between legs; ATM 9-day calls trade at ~100% IV while comparable 9-day puts trade at ~5% IV. The market is hyper-aggressively pricing upside risk (fear of a gap-up on PDD news) while devaluing put protection costs to near-zero for the near term. However, OTM put Open Interest (OI) is massive at the Oct 2026 strikes (3.8k OI), indicating significant long-term downside hedging or naked shorting positioning by the year-end.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 6.649 | 59.170595 |
| Attribute | Value |
|---|---|
| All Time High | 30.62 |
| All Time Low | 7.78 |
| Ask | 8.33 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 117,060 |
| Average Daily Volume3 Month | 111,475 |
| Average Volume | 111,475 |
| Average Volume10Days | 117,060 |
| Beta3 Year | 0.0 |
| Bid | 8.29 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.015 |
| Day Low | 8.23 |
| Dividend Yield | 75.13 |
| Eps Trailing Twelve Months | 0.9122584 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.95524 |
| Fifty Day Average Change | -0.65524006 |
| Fifty Day Average Change Percent | -0.07316834 |
| Fifty Two Week Change Percent | -44.552647 |
| Fifty Two Week High | 29.15 |
| Fifty Two Week High Change | -20.849998 |
| Fifty Two Week High Change Percent | -0.7152658 |
| Fifty Two Week Low | 7.78 |
| Fifty Two Week Low Change | 0.52 |
| Fifty Two Week Low Change Percent | 0.06683804 |
| Fifty Two Week Range | 7.78 - 29.15 |
| First Trade Date Milliseconds | 1,741,786,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | KraneShares |
| Fund Inception Date | 1,741,305,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-12 |
| 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 PDD Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1903081640 |
| Nav Price | 9.11 |
| Net Assets | 18,136,392.0 |
| Net Expense Ratio | 1.27 |
| Open | 9.0 |
| Phone | 1-855-857-2638 |
| Previous Close | 9.11 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.80999947 |
| Regular Market Change Percent | -8.891323 |
| Regular Market Day High | 9.015 |
| Regular Market Day Low | 8.23 |
| Regular Market Day Range | 8.23 - 9.015 |
| Regular Market Open | 9.0 |
| Regular Market Previous Close | 9.11 |
| Regular Market Price | 8.3 |
| Regular Market Time | 1,776,787,806 |
| Regular Market Volume | 165,930 |
| Short Name | KraneShares 2x Long PDD Daily E |
| Source Interval | 15 |
| Symbol | KPDD |
| Total Assets | 18,136,392 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 9.0983 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -22.8422 |
| Trailing Three Month Returns | -22.8422 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.47028 |
| Two Hundred Day Average Change | -9.1702795 |
| Two Hundred Day Average Change Percent | -0.5249074 |
| Type Disp | ETF |
| Volume | 165,930 |
| Yield | 0.7513 |
| Ytd Return | -22.8422 |