Which came closer to its stated multiple, BIDG or KBDU?

Over the window to Sep 30, 2026, BIDG finished 2.9 points from what its multiple implies and KBDU finished 2.9 points from its own, so BIDG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are BIDG and KBDU levered on the same thing?

Yes. Both are levered on Baidu, BIDG at +2 times and KBDU at +2 times the daily move.

Which one decays faster, BIDG or KBDU?

Decay follows how much the underlying moves about. Over this window BIDG’s moved at 41% annualized and KBDU’s at 41%, so BIDG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold BIDG or KBDU for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, BIDG or KBDU?

BIDG charges 0.75% a year and KBDU charges 1.25%, so BIDG is cheaper. Fees come from each fund's prospectus.

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BIDG vs KBDU: which held to its multiple?

Over the days both have traded, BIDG finished 2.9 points from its stated multiple and KBDU 2.9. Leverage Shares 2X Long BIDU Daily ETF and KraneShares 2x Long BIDU Daily ETF.

−49.8%

BIDG returned, 3 months

−49.8%

KBDU returned, 3 months

+2.9 pts

BIDG from its stated multiple

+2.9 pts

KBDU from its stated multiple

BIDG · 3 months to Sep 30, 20262.9 pts ahead of its stated multiple

BIDG returned −49.8% while 2 times BIDU's move would have been −52.7%

KBDU · 3 months to Sep 30, 20262.9 pts ahead of its stated multiple

KBDU returned −49.8% while 2 times BIDU's move would have been −52.7%

ETFIQ Decay Resistance Score · KBDU scores higherDid it keep up with its own daily multiple, compounded day by day?

BIDG 88.4

KBDU 89.5

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	BIDG	KBDU	BIDG	KBDU	BIDG	KBDU
1 month	−18.6%	−18.6%	−17.7%	−17.7%	−1.0 pts	−0.9 pts
3 months	−49.8%	−49.8%	−52.7%	−52.7%	+2.9 pts	+2.9 pts
6 months	−49.7%	−49.8%	−44.7%	−44.7%	−5.0 pts	−5.1 pts
Since launch BIDG Dec 2025 · KBDU Nov 2025	−60.4%	−54.5%	−55.8%	−42.7%	−4.5 pts	−11.8 pts

BIDG and KBDU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BIDG

Leverage Shares 2X Long BIDU Daily ETF · Aims to return twice the daily move of Baidu (BIDU)

KBDU

KraneShares 2x Long BIDU Daily ETF · Aims to return twice the daily move of Baidu (BIDU)

Issuer Leverage Shares KraneShares

Sets out to return +2x +2x

Underlying asset BIDU BIDU

Segment company company

Fund returned, 3 months or since launch −49.8% −49.8%

Underlying returned, over that window −26.3% −26.3%

What the stated multiple implies, over that window −52.7% −52.7%

Difference from stated, over that window +2.9 pts +2.9 pts

Fund returned, 1 year or since launch −60.4% −54.5%

Difference from stated, over that window −4.5 pts −11.8 pts

Underlying volatility 41% 41%

Difference over the days both have traded +2.9 pts +2.9 pts

Expense ratio 0.75% 1.25%

Launched Dec 18, 2025 Nov 20, 2025

Net assets $5m $778,718

BIDG and KBDU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

BIDG in plain words

Three months to Sep 30, 2026: BIDG returned −49.8% where its own daily promise gave −48.4%, 1.4 points short. Read the multiple against the whole window instead and 2 times BIDU's −26.3% implies −52.7%, which makes BIDG look 2.9 points over. 4.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. BIDG aims to return +2 times BIDU's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. BIDU moved at 41% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

KBDU in plain words

Three months to Sep 30, 2026: KBDU returned −49.8% where its own daily promise gave −48.4%, 1.4 points short. Read the multiple against the whole window instead and 2 times BIDU's −26.3% implies −52.7%, which makes KBDU look 2.9 points over. KBDU aims to return +2 times BIDU's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, BIDG or KBDU?: Over the window to Sep 30, 2026, BIDG finished 2.9 points from what its multiple implies and KBDU finished 2.9 points from its own, so BIDG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are BIDG and KBDU levered on the same thing?: Yes. Both are levered on Baidu, BIDG at +2 times and KBDU at +2 times the daily move.
Which one decays faster, BIDG or KBDU?: Decay follows how much the underlying moves about. Over this window BIDG’s moved at 41% annualized and KBDU’s at 41%, so BIDG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold BIDG or KBDU for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, BIDG or KBDU?: BIDG charges 0.75% a year and KBDU charges 1.25%, so BIDG is cheaper. Fees come from each fund's prospectus.

Other comparisons

BIDG on its own →KBDU on its own →How every figure is computed →Standards and sources →

Where these figures came from

BIDG filings on SEC EDGAR ↗BIDG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗KBDU filings on SEC EDGAR ↗KBDU prospectus with the expense ratio (SEC) ↗KraneShares page for KBDU ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, BIDG against KBDU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/bidg-vs-kbdu

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.