KraneShares 90% KWEB Defined Outcome January 2027 ETFKBUF

KraneSharesDefined OutcomeHedged Equity#318 of 318 by YTD

$25.39

+1.0% last session

−17.1% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026KBUFS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.0%	−0.3%	−7.8%	−17.1%	−19.5%	—	—	+14.2%
Peer average	+0.9%	−1.5%	−0.7%	+6.7%	+6.9%	+56.2%	+54.5%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $6M
Expense ratio: 0.97%
Distribution yield: 9.1%
NAV: $25.31
Volume: 667
Avg. volume 30D: 835
High today: $25.39
Low today: $25.39
Previous close: $25.14
52-week high: $34.14
52-week low: $25.07
Our risk indicator: 3/5

KBUF in One Breath

KBUF Among Hedged Equity ETFs

YTD

#1SIXHMeridian+18.4%$635M

#2RFLRInnovator+13.7%$96.7M

#3KSPYKraneShares+10.3%$135M

#4PHEQEaton Vance+9.7%$150M

#5MAYZTrueShares+9.6%$33.0M

#6JUNZTrueShares+9.5%$29.9M

#7JULZTrueShares+9.5%$38.3M

#8SEPZTrueShares+9.5%$104M

#29KBUFKraneShares−17.1%$5.7M

End-of-day Nov 5, 2026 · 29 Hedged equity ETFs by YTD

$10,000 in KBUF

$10,000 in KBUF became

$11,416

In the S&P 500 (VOO)

$15,917

Total return, dividends in · Feb 8, 2024 – Nov 4, 2026 · S&P 500 uses VOO

KBUF’s Top Holdings

Today

KWEBKraneShares CSI China Internet ETF84.7%3 more

KWEBKraneShares CSI China Internet ETF84.7%Other

Other

KraneShares KBUF · 4 holdings · tile size = share of the fund · as of Nov 4, 2026

What KBUF Holds

Today

Communication Services36.9%

[…]

Consumer Cyclical33.3%

[…]

Technology17.5%

[…]

Real Estate4.4%

[…]

Healthcare3.9%

[…]

Consumer Defensive3.0%

[…]

Financial Services84.7%

KWEB 84.7

KraneShares KBUF · share of the fund by sector · as of Nov 4, 2026

KraneShares’ Share of KBUF

Today

84.7%

$847 of every $1,000 in KBUF is KraneShares

KraneShares held by KBUF

$4.8M

Most KraneShares per dollar

WEEL5.4%

KraneShares KBUF · each square = $10 of $1,000 · as of Nov 4, 2026

KBUF’s Share of Hedged Equity ETFs

Today

0.0%

of the $14.9B in 31 Hedged equity ETFs

KBUF$5.7M0.0%

HELO$4.9B32.6%

BALT$3.3B22.0%

28 others$6.8B45.4%

Hedged equity ETF AUM · Nov 5, 2026

KBUF Fee per $100 vs Peers

Today

$0.97a year
per $100

$97 a year on $10,000

HELO$0.50

FHEQ$0.52

BALT$0.69

HEGD$0.88

SFLR$0.89

KBUF$0.97

Expense ratio · Hedged equity peers · Nov 5, 2026

Inside KBUF

4 holdings · as of Nov 4, 2026

KBUF

KraneShares 90% KWEB Defined Outcome January 2027 ETF

Today

Communication Services36.9%Consumer Cyclical33.3%Technology17.5%Real Estate4.4%Financial Services84.7%KWEBKraneShares CSI China Internet ETF84.7%

Communication Services36.9%Consumer Cyclical33.3%Technology17.5%Financial Services84.7%KWEBKraneShares CSI China Internet ETF84.7%

#	Ticker	Company		Weight ▼
1	KWEB	KraneShares CSI China Internet ETF		84.70%

Communication ServicesConsumer CyclicalTechnologyReal EstateHealthcareConsumer DefensiveFinancial Services

KraneShares KBUF · current holdings by weight · as of Nov 4, 2026 · each tile is one holding

How It Compares

KBUF

KraneShares 90% KWEB Defined Outcome January 2027 ETF’s Peers


HELO	J.P. MorganRead Desk	0.50%	+6.7%	+5.3%	$4.9B
BALT	InnovatorRead Desk	0.69%	+6.3%	+4.7%	$3.3B
SFLR	InnovatorRead Desk	0.89%	+6.6%	+6.7%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+7.5%	+8.4%	$986M
HEGD	SwanRead Desk	0.88%	+6.2%	+6.7%	$731M
KBUF	KraneSharesThis fundRead Desk	0.97%	−19.5%	−17.1%	$6M

Hedged equity peers · Past-year and ytd returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put KBUF head to head with HELO →

HELO vs KBUF

YTD

HELOJ.P. Morgan · Hedged equityKBUFKraneShares · Hedged equity

Year to date

+5.3%

−17.1%

HELO wins+22.4 pts

Past year

+6.7%

−19.5%

HELO wins+26.2 pts

Fee

0.50%

0.97%

HELO winslower fee

Yield

0.6%

9.1%

KBUF wins+8.5 pts

AUM

$4.9B

$5.7M

HELO852.4× more

3–1HELO wins

J.P. Morgan HELO and KraneShares KBUF · year-to-date · as of Nov 5, 2026 · AUM not scored

KBUF vs VOO

KBUF · KraneShares 90% KWEB Defined Outcome January 2027

−19.5%

VOO · S&P 500

+13.5%

Gap

33.0 pts

KraneShares KBUF and Vanguard VOO · 1Y total return · as of Nov 5, 2026

KBUF vs Its Peer Average

YTD

KBUFAvsBPeer average

1D+1.0%+0.9%

1M−0.3%−1.5%

3M−7.8%−0.7%

YTD−17.1%+6.7%

1Y−19.5%+6.9%

3Y[…]+56.2%

5Y[…]+54.5%

2–3Peer average wins

30 Hedged equity peers · each row scaled to its leader

The Details

KBUF

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y12.59%

Deepest drop · 1Y−21.9%

Lowest point · 5Y0.0%

52-week range

$25.39

$25.07−25.6% from the high$34.14

KraneShares KBUF · past-year price moves · as of Nov 5, 2026

KBUF

Fund Facts

Today

2024launched Feb 7

Tracks[…]

Exchange · CUSIPAMEX · 500767413

StructureETF

Leverage1x

Cost on $10,000$97 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

KraneShares KBUF · fund facts · as of Nov 5, 2026

KBUF

Payouts by Year

$2.30per share, Dec 2025

Distribution yield9.1%

Paid[…]

Latest ex-date · paidDec 30 · Dec 31, 2025

2 payouts added up$3.28 a share

KraneShares KBUF · distributions by ex-date · 2024–2025

All Fund FactsDocuments · trading · fees · every payout

Trading & Liquidity

Net asset value$25.31

Premium / discount[…]

Median spread · 30D[…]

Volume today667

Average volume · 30D835

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.97%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$97.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 30, 2025	Dec 31, 2025	$2.30
Dec 30, 2024	Dec 31, 2024	$0.98

Issuer contentFrom KraneSharesHear the strategy from the people behind KBUF.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →

KraneShares 90% KWEB Defined Outcome January 2027 ETFKBUF

Key Statistics

KBUF in One Breath

Inside KBUF

How It Compares

Head to Head

The Details

Prospectus & Documents

Trading & Liquidity

Fees & Costs

Distributions