KraneShares ETF (KBUF) Performance

NYSE Arca: KBUFTotal returns, calendar years, drawdowns and risk since 2024.

KBUF total return

Distributions reinvested · as of Oct 23, 2026
YTD
−17.9%
since Dec 31, 2025
1 year
−20.6%
total return
Since first price
+12.9%
since 2024

KBUF trailing returns vs SPY, QQQ, AGG

KBUF trailing returns
PeriodKBUF total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−2.2%−2.2%−1.0%−5.0%+0.9%
3 months−5.8%−5.8%+3.2%+1.9%−0.4%
6 months−10.5%−10.5%+7.8%+8.4%−1.5%
YTD−17.9%−17.9%+12.3%+15.1%−1.0%
1 year−20.6%−26.2%+14.4%+15.9%−1.1%
Since inceptionFeb 8, 2024+12.9%+1.5%———

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: KBUF vs SPY

KBUFS&P 500 (SPY)

From Feb 8, 2024: KBUF grew to $11,293, SPY to $15,750.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

KBUF returns by calendar year

KBUFSPY

1 of 1 full years positive. Best 2025 (+18.0%), worst 2025 (+18.0%). 2026 is year to date.

KBUF annual returns table

KBUF calendar-year returns
YearKBUFLargest dropSPYQQQAGG
2026YTD−17.9%−21.7%+12.3%+15.1%−1.0%
2025+18.0%−8.3%+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

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

KBUF largest drawdowns

Now 22.8% below the high
KBUF largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Oct 2, 2025−22.8%Oct 23, 2026not yet1.1 years1.1 years so far

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

KBUF risk statistics

KBUF risk statistics
StatisticSince 2024
Annualized return+4.6%
Volatility (annualized)13.2%
Sharpe ratio0.09
Sortino ratio0.14
Best month+11.8%
Worst month−6.0%
Best 12 months+27.9%
Worst 12 months−20.8%
Positive months48%
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.

KBUF rolling returns

KBUF rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year21−20.8%+16.3%+27.9%71%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

KBUF performance overview

KraneShares ETF (KBUF) returned −20.6% over the past year, with distributions reinvested. Since its first recorded price on Feb 8, 2024 it has returned +12.9%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −22.8%, from Oct 2, 2025 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 13.2% a year.

Related: KBUF chart, KBUF dividends. See the KBUF overview for the latest quote and fund facts.

KBUF performance FAQ

What is the KBUF return over the past year?

KBUF returned −20.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 26.2%.

How much would $10,000 invested in KBUF be worth?

$10,000 invested in KBUF at its first recorded close on February 8, 2024 would be worth about $11,293 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of KBUF?

The largest peak-to-trough decline was −22.8% between October 2, 2025 and October 23, 2026. It has not yet recovered to that high; it is 22.8% below its peak.

How volatile is KBUF?

Over the past history KBUF had an annualized volatility of 13.2% and a Sharpe ratio of 0.09 (excess return over 1–3 month T-bills per unit of risk).