KCNY Performance — KraneShares Bloomberg China Bond Inclusion Index ETF
Data updated: 2024-02-28
KCNY returned +1.55% over one year to Dec 2023. The annualised 3-year return is +0.09%. Against its Emerging Markets Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $100, against $94 for the category, and to $102 over one year, against $111. Volatility over the past three years was 5.26% a year. In the 12 months to Dec 2023 the fund took in a net $10.7M, and assets reached $3.14M.
KCNY Growth of $100
What $100 invested in KraneShares Bloomberg China Bond Inclusion Index ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | KCNY | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $102 | $111 |
| 3 years (Jan 2021 – Dec 2023) | $100 | $94 |
| Since data start (Jul 2019 – Dec 2023) | $110 | $102 |
KCNY Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.55% |
| 3 years (annualised) | +0.09% |
KCNY Annual Returns
Calendar-year total returns of KraneShares Bloomberg China Bond Inclusion Index ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +1.55% |
| 2022 | −4.94% |
| 2021 | +3.87% |
| 2020 | +9.32% |
| 2019 (Jul–Dec) | −0.09% |
KCNY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +1.6% | −2.3% | +2.1% | −1.7% | −1.4% | −0.1% | −0.2% | −1.2% | +1.3% | +1.0% | +2.5% | −0.1% |
| 2022 | −0.7% | +0.9% | +0.2% | −0.4% | 0.0% | −3.7% | −3.2% | −1.2% | −0.1% | +2.5% | +2.4% | −1.6% |
| 2021 | −1.0% | −0.4% | +0.9% | −1.9% | +1.5% | +1.3% | +0.1% | +0.3% | +0.7% | +0.7% | +0.9% | +0.8% |
| 2020 | −1.2% | +0.4% | −0.3% | +1.4% | −1.4% | +0.5% | +1.1% | +2.1% | +1.4% | +1.6% | +1.9% | +1.5% |
| 2019 | — | — | — | — | — | — | +0.4% | −3.5% | 0.0% | +1.2% | +0.4% | +1.5% |
KCNY Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 5.26%
- 3-year Sharpe ratio: -0.84 (vs 4.5% risk-free rate)
- Best month: +2.54% (Nov 2023)
- Worst month: −3.66% (Jun 2022)
KCNY Fund Flows
Monthly money in and out of KraneShares Bloomberg China Bond Inclusion Index ETF, from SEC Form N-PORT.
- 12-month net flow: $10.7M
- 12-month gross sales (incl. reinvestments): −$348K
- Sales ÷ redemptions: 0.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | −$388K | −$1.5M | $1.1M |
| Jun 2023 | $8K | −$1.6M | $1.6M |
| May 2023 | $24K | −$4.8M | $4.8M |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $8K | −$3.2M | $3.2M |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | $0 | $0 |
KCNY Assets Under Management
Net assets of KraneShares Bloomberg China Bond Inclusion Index ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $3.14M |
| 2023-09-30 | $3.04M |
| 2023-06-30 | $4.60M |
| 2023-03-31 | $11.15M |
| 2022-12-31 | $14.21M |
| 2022-09-30 | $13.85M |
| 2022-06-30 | $14.58M |
| 2022-03-31 | $13.59M |
| 2021-12-31 | $13.61M |
| 2021-09-30 | $13.98M |
| 2021-06-30 | $12.18M |
| 2021-03-31 | $12.13M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.