Performance analysis of KCAI (KRANESHARES CHINA ALPHA INDEX ETF)
Annual Return
Since Aug 28, 2024, KCAI has had an average annual return of +41.01%, outperforming the benchmark SPY, which returned +19.99% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +7.86% | +53.04% | +11.09% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.32% | +3.61% | +0.98% | +2.37% | -0.34% | +1.37% | +7.86% | ||||||
| 2025 | +0.25% | -1.27% | +1.38% | -2.57% | +4.20% | +9.68% | +5.96% | +14.44% | +2.58% | +3.38% | +0.82% | +5.64% | +53.04% |
| 2024 | +1.19% | +15.07% | -5.17% | -1.44% | +2.08% | +11.09% |
Drawdown analysis of KCAI (KRANESHARES CHINA ALPHA INDEX ETF)
The maximum drawdown for the KCAI was -25.50%, occurring on Apr 7, 2025. Recovery took 78 trading sessions.
The current KCAI drawdown is -1.13%.
Since Aug 28, 2024 KCAI has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.50% | Oct 7, 2024 | 124 | Apr 7, 2025 | 78 | Jul 30, 2025 | 202 |
| -5.46% | Aug 30, 2024 | 7 | Sep 11, 2024 | 9 | Sep 24, 2024 | 16 |
| -4.23% | May 13, 2026 | 6 | May 21, 2026 | Ongoing | Ongoing | Ongoing |
| -3.96% | Oct 29, 2025 | 18 | Nov 24, 2025 | 7 | Dec 4, 2025 | 25 |
| -3.53% | Mar 13, 2026 | 10 | Mar 27, 2026 | 11 | Apr 14, 2026 | 21 |
| -3.08% | Sep 11, 2025 | 5 | Sep 18, 2025 | 20 | Oct 16, 2025 | 25 |
| -2.31% | Jan 2, 2026 | 14 | Jan 23, 2026 | 11 | Feb 9, 2026 | 25 |
| -2.14% | Sep 2, 2025 | 2 | Sep 4, 2025 | 5 | Sep 11, 2025 | 7 |
| -1.89% | Dec 10, 2025 | 4 | Dec 16, 2025 | 3 | Dec 19, 2025 | 7 |
| -1.79% | Apr 23, 2026 | 10 | May 7, 2026 | 4 | May 13, 2026 | 14 |
| -1.43% | Aug 13, 2025 | 2 | Aug 15, 2025 | 2 | Aug 19, 2025 | 4 |
| -1.36% | Mar 2, 2026 | 1 | Mar 3, 2026 | 6 | Mar 11, 2026 | 7 |
| -1.34% | Jul 30, 2025 | 2 | Aug 1, 2025 | 2 | Aug 5, 2025 | 4 |
| -1.23% | Oct 2, 2024 | 1 | Oct 3, 2024 | 1 | Oct 4, 2024 | 2 |
| -1.00% | Feb 10, 2026 | 3 | Feb 13, 2026 | 6 | Feb 24, 2026 | 9 |
| -1.00% | Aug 26, 2025 | 1 | Aug 27, 2025 | 1 | Aug 28, 2025 | 2 |
| -0.76% | Apr 20, 2026 | 1 | Apr 21, 2026 | 2 | Apr 23, 2026 | 3 |
| -0.66% | Feb 25, 2026 | 2 | Feb 27, 2026 | 1 | Mar 2, 2026 | 3 |
| -0.63% | Sep 24, 2024 | 1 | Sep 25, 2024 | 1 | Sep 26, 2024 | 2 |
| -0.63% | Apr 14, 2026 | 1 | Apr 15, 2026 | 2 | Apr 17, 2026 | 3 |
| -0.55% | Dec 26, 2025 | 1 | Dec 29, 2025 | 1 | Dec 30, 2025 | 2 |
| -0.32% | Oct 16, 2025 | 1 | Oct 17, 2025 | 1 | Oct 20, 2025 | 2 |
| -0.31% | Aug 8, 2025 | 1 | Aug 11, 2025 | 1 | Aug 12, 2025 | 2 |
| -0.22% | Dec 8, 2025 | 1 | Dec 9, 2025 | 1 | Dec 10, 2025 | 2 |
| -0.17% | Dec 23, 2025 | 1 | Dec 24, 2025 | 1 | Dec 26, 2025 | 2 |