KWIN ETF — KraneShares Wahed Alternative Income Index ETF

KraneShares Wahed Alternative Income Index ETF (KWIN)

Updated October 16, 2026.

KWIN is an ETF. its expense ratio is 0.51%. Total return is 3.3% over the past 0.9 years, 10.6 points behind SPY at 13.9%.

KraneShares Wahed Alternative Income Index ETF tracks an index of Shariah-compliant income-producing instruments selected according to Islamic principles as interpreted by Wahed Invest LLC, with at least 80% of assets invested in index constituents or economically similar instruments. The fund does not currently distribute income and carries an expense ratio of 0.51%. It may appeal to investors seeking exposure to Islamic finance principles combined with an income-oriented strategy.

KWIN performance versus SPY

Price and return data through 2026-10-16.

Total return is 3.3% over the past 0.9 years, 10.6 points behind SPY at 13.9%. Its deepest 1-year drawdown was 1.6%.

KWIN key facts

Issuer

KraneShares

Asset type

ETF

Asset class

Equity

Inception date

11/05/2025

Expense ratio

0.51%

Distribution frequency

None

Last close

$25.85 (as of 2026-10-16)

NAV

$25.84 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$45,478,968

Average volume

10135.0

How Dividend Vision calculates yield and returns

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

KWIN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.6%.

Who may consider KWIN — and who may not

It is a weaker fit for investors who need monthly cash flow (KWIN does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on KWIN

• All tickers starting with K

Tagged: Index.

Frequently asked questions

More securities from KraneShares.