KraneShares Bosera MSCI China A 50 Connect ETF (KBA) Performance
KBA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.8% since Dec 31, 2025
- 1 year
- −2.8% total return
- 5 years
- +3.2% a year
- 10 years
- +7.5% a year
- Since first price
- +7.9% a year since 2014
KBA trailing returns vs SPY, QQQ, AGG
| Period | KBA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.4% | −10.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −15.0% | −15.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −12.9% | −12.9% | +7.8% | +8.4% | −1.5% |
| YTD | −6.8% | −6.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −2.8% | −4.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +45.5%+13.3%/yr | +36.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +17.0%+3.2%/yr | −18.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +106.1%+7.5%/yr | +31.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMar 5, 2014 | +162.5%+7.9%/yr | +26.6% | — | — | — |
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: KBA vs SPY
From Mar 5, 2014: KBA grew to $26,247, SPY to $50,085.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KBA returns by calendar year
6 of 11 full years positive. Best 2020 (+41.6%), worst 2018 (−26.3%). 2026 is year to date.
KBA annual returns table
| Year | KBA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.8% | −19.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.9% | −15.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.7% | −24.1% | +24.9% | +25.6% | +1.3% |
| 2023 | −16.8% | −31.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −3.5% | −38.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +3.2% | −19.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +41.6% | −18.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +35.4% | −17.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −26.3% | −36.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +30.1% | −6.6% | +21.7% | +32.7% | +3.6% |
| 2016 | −19.5% | −18.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −5.2% | −45.3% | +1.2% | +9.4% | +0.5% |
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.
KBA largest drawdowns
Now 18.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 12, 2015 | −53.2% | Feb 11, 2016 | Feb 8, 2021 | 8 months | 5.7 years |
| Feb 17, 2021 | −45.3% | Oct 31, 2022 | Oct 4, 2024 | 1.7 years | 3.6 years |
| Oct 7, 2024 | −31.2% | Apr 7, 2025 | Oct 24, 2025 | 6 months | 1.0 years |
| Jun 22, 2026 | −19.5% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Jan 7, 2015 | −11.5% | Feb 6, 2015 | Mar 16, 2015 | 30 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KBA risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +13.1% | +5.2% | +8.3% | +8.8% |
| Volatility (annualized) | 18.6% | 27.1% | 23.7% | 25.5% |
| Sharpe ratio | 0.52 | 0.18 | 0.35 | 0.39 |
| Sortino ratio | 1.15 | 0.34 | 0.63 | 0.65 |
| Best month | +19.2% | +34.2% | +34.2% | +34.2% |
| Worst month | −7.4% | −11.9% | −11.9% | −21.3% |
| Best 12 months | +48.6% | +48.6% | +62.0% | +121.3% |
| Worst 12 months | +4.5% | −37.4% | −37.4% | −43.2% |
| Positive months | 44% | 45% | 52% | 52% |
| Beta vs S&P 500 | 0.41 | 0.12 | 0.35 | — |
| Correlation with S&P 500 | 0.27 | 0.07 | 0.23 | — |
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.
KBA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 140 | −43.2% | +11.8% | +121.3% | 64% |
| 3-year (a year) | 116 | −11.9% | +6.5% | +25.5% | 76% |
| 5-year (a year) | 92 | −7.4% | +6.9% | +14.3% | 91% |
| 10-year (a year) | 32 | −0.2% | +6.7% | +10.0% | 94% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
KBA performance overview
KraneShares Bosera MSCI China A 50 Connect ETF (KBA) returned −2.8% over the past year and +7.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +7.9% a year, turning $10,000 into about $26,247. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −53.2%, from Jun 12, 2015 to Feb 11, 2016, and it took 5.0 years to get back to the old high. KBA finished 6 of its 11 full calendar years with a gain; the best year was 2020 (+41.6%) and the worst 2018 (−26.3%). Volatility has been 25.5% a year.
Related: KBA chart, KBA holdings, KBA dividends. See the KBA overview for the latest quote and fund facts.
KBA performance FAQ
What is the KBA return over the past year?
KBA returned −2.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.3%.
What is the average annual return of KBA?
KBA has returned +3.2% a year over 5 years, +7.5% a year over 10 years, +7.9% a year since March 5, 2014 (total return, distributions reinvested).
How much would $10,000 invested in KBA be worth?
$10,000 invested in KBA at its first recorded close on March 5, 2014 would be worth about $26,247 on October 23, 2026 with distributions reinvested.
What was the worst year for KBA?
The worst calendar year was 2018, with a total return of −26.3%. The best was 2020 at +41.6%.
What is the biggest drawdown of KBA?
The largest peak-to-trough decline was −53.2% between June 12, 2015 and February 11, 2016. It recovered to the old high on February 8, 2021, 5.0 years after the bottom.
How volatile is KBA?
Over the past 3 years KBA had an annualized volatility of 18.6% and a Sharpe ratio of 0.52 (excess return over 1–3 month T-bills per unit of risk).