KraneShares Man Buyout Beta ETF (BUYO) Performance
BUYO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.2% since Dec 31, 2025
- 1 year
- +20.9% total return
- Since first price
- +30.2% since 2024
BUYO trailing returns vs SPY, QQQ, AGG
| Period | BUYO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.3% | +1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.7% | +0.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.9% | +8.9% | +7.8% | +8.4% | −1.5% |
| YTD | +17.2% | +17.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.9% | +20.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 8, 2024 | +30.2% | +30.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BUYO vs SPY
From Oct 8, 2024: BUYO grew to $13,024, SPY to $13,565.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BUYO returns by calendar year
1 of 1 full years positive. Best 2025 (+10.9%), worst 2025 (+10.9%). 2026 is year to date.
BUYO annual returns table
| Year | BUYO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.2% | −10.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.9% | −25.2% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BUYO largest drawdowns
Now 5.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −28.0% | Apr 8, 2025 | Nov 12, 2025 | 4 months | 12 months |
| Feb 26, 2026 | −10.1% | Mar 30, 2026 | Apr 17, 2026 | 32 days | 50 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BUYO risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +13.4% |
| Volatility (annualized) | 17.5% |
| Sharpe ratio | 0.58 |
| Sortino ratio | 0.90 |
| Best month | +9.6% |
| Worst month | −8.0% |
| Best 12 months | +36.1% |
| Worst 12 months | +1.3% |
| Positive months | 70% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BUYO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | +1.3% | +21.5% | +36.1% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
BUYO performance overview
KraneShares Man Buyout Beta ETF (BUYO) returned +20.9% over the past year, with distributions reinvested. Since its first recorded price on Oct 8, 2024 it has returned +30.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.0%, from Nov 25, 2024 to Apr 8, 2025, and it took 7 months to get back to the old high. Volatility has been 17.5% a year.
Related: BUYO chart, BUYO dividends. See the BUYO overview for the latest quote and fund facts.
BUYO performance FAQ
What is the BUYO return over the past year?
BUYO returned +20.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.8%.
How much would $10,000 invested in BUYO be worth?
$10,000 invested in BUYO at its first recorded close on October 8, 2024 would be worth about $13,024 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BUYO?
The largest peak-to-trough decline was −28.0% between November 25, 2024 and April 8, 2025. It recovered to the old high on November 12, 2025, 7 months after the bottom.
How volatile is BUYO?
Over the past history BUYO had an annualized volatility of 17.5% and a Sharpe ratio of 0.58 (excess return over 1–3 month T-bills per unit of risk).