KPRO ETF — KraneShares 100% KWEB Defined Outcome January 2027 ETF

KraneShares 100% KWEB Defined Outcome January 2027 ETF (KPRO)

Updated October 16, 2026.

KPRO is an ETF. its distribution rate is 2.85%, its trailing-12-month yield is 2.85%, its expense ratio is 1.00%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 12.9% over the past 2.7 years, 45.3 points behind SPY at 58.2%.

KraneShares 100% KWEB Defined Outcome January 2027 ETF is a non-diversified fund that invests at least 80% of its assets in the KraneShares CSI China Internet ETF alongside options strategies that reference that underlying ETF, with a maturity date in January 2027. The fund distributes annually at a modest current distribution rate and carries an expense ratio of 1.00%. It appeals to income-oriented investors seeking exposure to Chinese internet companies through a structured outcome strategy with a defined time horizon.

KPRO performance versus SPY

Price and return data through 2026-10-16.

Total return is 12.9% over the past 2.7 years, 45.3 points behind SPY at 58.2%. Over the past year its total return — price change plus distributions reinvested — is -12.6%. Its deepest 1-year drawdown was 13.8%.

KPRO key facts

Distribution Safety Score™

50 · Unproven

Issuer

KraneShares

Asset type

ETF

Asset class

Equity

Inception date

02/07/2024

Expense ratio

1.00%

Distribution rate

2.85%

Distribution frequency

Annual

Trailing yield

2.85%

Last close

$26.33 (as of 2026-10-16)

AUM

$3,296,824

Average volume

6.0

Dividend

$0.751

Ex-dividend date

12/30/2025

Payment date

12/31/2025

How Dividend Vision calculates yield and returns

Distribution rate (2.85%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.85%) 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.

KPRO risks and drawbacks

KPRO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.8%.

Who may consider KPRO — and who may not

KPRO may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (KPRO pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on KPRO

• All tickers starting with K

Tagged: Downside Protection, Options, Target.

Frequently asked questions

More securities from KraneShares.