ETF Evaluator:
KraneSharesInspereXNasdaqDynBfrdHInIdETF ()
Follow This ETF
(as of Aug 19)
Best Performing in Derivative Income Over the Last Year
| 127.0% | YieldMax AMD Option Income Strategy ETF (AMDY) |
| 113.8% | YieldMax MSTR Short Opt Inc Stgy ETF (WNTR) |
| 91.4% | YieldMax Semiconductor Port Opt Inc ETF (CHPY) |
| 90.2% | YieldMax Target 12 Smcndctr Opt Inc ETF (SOXY) |
| 61.8% | YieldMax GOOGL Option Income Stgy ETF (GOOY) |
Risk
Index
Risk
Index
ETF Details
KraneSharesInspereXNasdaqDynBfrdHInIdETF Overview
KraneSharesInspereXNasdaqDynBfrdHInIdETF (KIQQ) is a passively managed Nontraditional Equity Derivative Income exchange-traded fund (ETF). KraneShares launched the ETF in 2026.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity and derivative securities index. The fund’s current index is the Nasdaq InspereX Dynamic Buffered High Income™ Index.
Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities of the underlying index and other instruments that have economic characteristics similar to those in the underlying index. The fund is non-diversified.
About KraneSharesInspereXNasdaqDynBfrdHInIdETF (KIQQ)
There are 2 members of the management team with an average tenure of 0.56 years: James Maund (2026) and Jonathan Shelon (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Nasdaq InspereX Dynamic Buf Hi In TR USD index with a weighting of 100%. KraneSharesInspereXNasdaqDynBfrdHInIdETF has 107 securities in its portfolio. The top 10 holdings constitute 246.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
KraneSharesInspereXNasdaqDynBfrdHInIdETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. KraneSharesInspereXNasdaqDynBfrdHInIdETF has 2.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 103.1% There is 2.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). KraneSharesInspereXNasdaqDynBfrdHInIdETF has -0.3% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $727 million average for the Derivative Income category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
KIQQ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The KraneSharesInspereXNasdaqDynBfrdHInIdETF expense ratio is above average compared to funds in the Derivative Income category. KraneSharesInspereXNasdaqDynBfrdHInIdETF has an expense ratio of 0.79%, which is 5% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. KraneSharesInspereXNasdaqDynBfrdHInIdETF has a portfolio turnover rate of 3%, which indicates that it holds its assets around / 0.3 years. By way of comparison, the average portfolio turnover is 69% for the Derivative Income category.
Recently, in the month of July 2026, KraneSharesInspereXNasdaqDynBfrdHInIdETF returned -5.7%, which earned it a grade of F, as the Derivative Income category had an average return of -1.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
KraneSharesInspereXNasdaqDynBfrdHInIdETF has a trailing yield of 0.00%, which is below the 19.96% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about KraneSharesInspereXNasdaqDynBfrdHInIdETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
KIQQ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| KIQQ Return (NAV) | -5.7% | 0.7% | na | na | na | na |
| KIQQ Return (Price) | -8.5% | -1.6% | na | na | na | na |
| NAV +/- Price Return | 2.885% | 2.318% | na | na | na | na |
| Derivative Income Avg | -1.5% | 0.6% | 11.2% | 13.7% | 8.8% | 7.5% |
| KIQQ Grade (NAV) | F | D | na | na | na | na |
| +/- Category (NAV) | -4.1% | 0.1% | na | na | na | na |
| KIQQ Tax-Cost Ratio | na | na | na | na | na | na |
KIQQ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| KIQQ Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| KIQQ Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Derivative Income Avg | 2.6% | 10.6% | 18.5% | 17.5% | -11.3% | 19.4% | 1.4% | 19.2% | -7.1% | 12.1% | 8.7% |
| KIQQ Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | 3.0% |
| Expense Ratio: | 0.79% |
| Index Fund: | Yes |
| Index Tracked: | Nasdaq InspereX Dynamic Buf Hi In TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.6 years | |||
| Average Tenure: 0.6 years | |||
| Managers (Year): Maund James (2026), Shelon Jonathan (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 107 |
| % in Top 10 Holdings: | 246.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.9% |
Portfolio Allocation |
|
| Domestic Stock: | 103.1% |
| Foreign Stock: | 2.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -5.7% |
| Cash: | -0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | KraneShares |
| Phone Number: | 212-933-0393 |
| Website: | http://www.kraneshares.com |
| Inception Date: | January 7, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.79% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.83% |
