LUMA ETF — KraneShares Photonic and Optical ETF

KraneShares Photonic and Optical ETF (LUMA)

LUMA is an ETF. its expense ratio is 1.00%. Total return is 4.3% over the past 0.2 years, 3.1 points ahead of SPY at 1.2%.

KraneShares Photonic and Optical ETF seeks capital appreciation by investing in public and private companies worldwide that build photonic and optical hardware—including optical interconnects, transceivers, fiber-optic cables, and lasers—that enable data movement for AI and modern digital infrastructure. The fund does not currently distribute income to shareholders and carries an expense ratio of 1.00%. It appeals to growth-oriented investors seeking exposure to the optical and photonics technology sector.

LUMA performance versus SPY

Price and return data through 2026-09-18.

Total return is 4.3% over the past 0.2 years, 3.1 points ahead of SPY at 1.2%.

LUMA key facts

Issuer

KraneShares

Asset type

ETF

Asset class

Equity

Inception date

07/14/2026

Expense ratio

1.00%

Distribution frequency

Annual

Last close

$25.19 (as of 2026-09-18)

NAV

$24.09

Premium / discount

4.57% premium

AUM

$9,705,067

Average volume

3000.0

Payout ratio

0.0

P/E ratio

52.5879

Forward P/E

0.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: KraneShares or company page; 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.

LUMA risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund.

Who may consider LUMA — and who may not

It is a weaker fit for investors who need monthly cash flow (LUMA pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare LUMA

LUMA vs similar funds:

• LUMA vs SMH
• LUMA vs SOXX
• LUMA vs DRAM
• LUMA vs QTUM

Frequently asked questions

More securities from KraneShares.