KCAI ETF — KraneShares China Alpha Index ETF

KraneShares China Alpha Index ETF (KCAI)

Updated October 16, 2026.

KCAI is an ETF. its distribution rate is 2.63%, its trailing-12-month yield is 33.74%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 78.9% over the past 2.1 years, 38.6 points ahead of SPY at 40.3%.

KraneShares China Alpha Index ETF is an ETF that tracks a custom index designed to outperform the CSI 300 Index through an automated machine learning investment process, holding at least 80% of its assets in index securities and similar instruments. The fund carries a modest current distribution rate and an expense ratio of 0.79%, with distributions made on an irregular schedule. It appeals to investors seeking equity exposure to Chinese markets with a quantitative, algorithm-driven approach to alpha generation.

KCAI performance versus SPY

Price and return data through 2026-10-16.

Total return is 78.9% over the past 2.1 years, 38.6 points ahead of SPY at 40.3%. Over the past year its total return — price change plus distributions reinvested — is 15.2%. Its deepest 1-year drawdown was 5.9%.

KCAI key facts

Distribution Safety Score™

50 · Unproven

Issuer

KraneShares

Asset type

ETF

Asset class

Equity

Inception date

08/27/2024

Expense ratio

0.79%

Distribution rate

2.63%

Trailing yield

33.74%

Last close

$32.01 (as of 2026-10-16)

AUM

$3,271,966

Average volume

42.0

Dividend

$0.081

Ex-dividend date

12/30/2025

How Dividend Vision calculates yield and returns

Distribution rate (2.63%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (33.74%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: KraneShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

KCAI risks and drawbacks

KCAI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. The deepest 1-year drawdown on record here is 5.9%.

Who may consider KCAI — and who may not

KCAI may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on KCAI

• All tickers starting with K

Tagged: International, Index.

Frequently asked questions

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