KBAB - KraneShares 2X Long BABA Daily ETF
The KraneShares 2x Long BABA Daily ETF (KBAB) is an exchange-traded fund that seeks to achieve daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the American Depositary Receipt (ADR) of Alibaba Group Holding Limited (NYSE: BABA). The fund utilizes derivatives, such as swap agreements and options, to attain its investment objective.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $1.6M
- Beta
- 3.28
- 52-Week Range
- 8.575-41.115
- Dividend Yield
- $8.54
- IPO Date
- Mar 12, 2025
- Exchange
- NASDAQ
KBAB Options Snapshot
Options pricing data for KBAB is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The KBAB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked KBAB overview questions
- What is KBAB?
- KBAB is the ticker symbol for KraneShares 2X Long BABA Daily ETF, an listed exchange-traded fund. The KraneShares 2x Long BABA Daily ETF (KBAB) is an exchange-traded fund that seeks to achieve daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the American Depositary Receipt (ADR) of Alibaba Group Holding Limited (NYSE: BABA). The fund utilizes derivatives, such as swap agreements and options, to attain its investment objective. Listed on NASDAQ. KBAB is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are KBAB's key statistics?
- KraneShares 2X Long BABA Daily ETF (KBAB) carries a market capitalization of $1.6M, 52-week range of 8.575-41.115. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does KBAB belong to?
- KraneShares 2X Long BABA Daily ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare KBAB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the KBAB data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for KBAB, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.