KHYB - KraneShares Asia Pacific High Income USD Bond ETF

Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in fixed income securities of issuers located in the Asia-Pacific region and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.

As of May 15, 2026: spot at $23.74, ATM IV 37.0%, net GEX $54.

Sector
Financial Services
Industry
Asset Management - Income
Market Cap
$22.7M
Beta
0.48
52-Week Range
23.51-24.875
Dividend Yield
$1.94
IPO Date
Jul 9, 2018
Exchange
AMEX

What KHYB Looks Like to Options Traders Today

IV rank of 20.2% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($54) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.117) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The KHYB 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 KHYB overview questions

What is KHYB?
KHYB is the ticker symbol for KraneShares Asia Pacific High Income USD Bond ETF, an listed exchange-traded fund. Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in fixed income securities of issuers located in the Asia-Pacific region and other instruments that have economic characteristics similar to such securities. The fund is non-diversified. Listed on AMEX. KHYB 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 does the KHYB options snapshot look like today?
As of May 15, 2026, the KHYB options snapshot shows spot at $23.74, ATM IV 37.0%, IV rank 20.2%, net GEX $54, expected move 10.61%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are KHYB's key statistics?
KraneShares Asia Pacific High Income USD Bond ETF (KHYB) carries a market capitalization of $22.7M, 52-week range of 23.51-24.875. 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 KHYB belong to?
KraneShares Asia Pacific High Income USD Bond ETF operates in the Financial Services sector, in the Asset Management - Income 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 KHYB'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 KHYB data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. 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.