KraneShares Emerging Markets Consumer Technology ETF (KEMQ) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

KraneShares Emerging Markets Consumer Technology ETF (KEMQ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $34.3M, listed on AMEX, carrying a beta of 1.28 to the broader market. The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. public since 2017-10-12.

Snapshot as of May 13, 2026.

Spot Price
$26.09
ATM IV
30.2%
IV Skew 25Δ
0.015
IV Rank
9.2%
IV Percentile
45.6%
Term Structure Slope
-0.082

As of May 13, 2026, KraneShares Emerging Markets Consumer Technology ETF (KEMQ) at-the-money implied volatility is 30.2%. IV rank is 9.2% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 45.6%. The 25-delta skew is +0.015: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

KEMQ Strategy Selection at Current Volatility Levels

For KraneShares Emerging Markets Consumer Technology ETF options at 30.2% ATM IV, low IV rank (9.2%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

Frequently asked KEMQ volatility skew questions

What is the current KEMQ ATM implied volatility?
As of May 13, 2026, KraneShares Emerging Markets Consumer Technology ETF (KEMQ) at-the-money implied volatility is 30.2%. IV rank is 9.2% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is KEMQ IV high or low historically?
IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
What does KEMQ volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. KraneShares Emerging Markets Consumer Technology ETF skew is roughly flat across the 25-delta wings. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.