KPDD vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricKPDDVYMWinner
Expense Ratio1.27%0.04%
AUM$17M$79.0B
Dividend Yield143.61%2.86%
Holdings2568
YTD Return-47.30%+16.16%
1Y Return-49.01%+26.05%
3Y Return (annualized)-+18.43%
5Y Return (annualized)-+12.21%
Volatility (annualized)64.2%14.6%
Max Drawdown-77.5%-58.8%
Fund FamilyKraneSharesVanguard (US)
CategoryAlternativeEquity
InceptionMar 11, 2025Nov 10, 2006

KPDD vs VYM Performance

KraneShares 2x Long PDD Daily ETF (KPDD) is a ETF from KraneShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year KPDD returned -49.01% while VYM returned +26.05%. Year to date, KPDD is down 47.30% versus a gain of 16.16% for VYM.

Risk: Volatility and Drawdowns

KPDD has been the more volatile fund, with annualized monthly volatility of 64.2% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -77.5% for KPDD and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

KPDD charges 1.27% per year while VYM charges 0.04%. On a $10,000 position that is $127 vs $4 annually, a gap of $123 per year that compounds over a long holding period. On income, KPDD currently yields 143.61% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

KPDD and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, KPDD or VYM?

KPDD has an expense ratio of 1.27% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $123 per year of difference.

Which performed better, KPDD or VYM?

Over the past year KPDD returned -49.01% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), KPDD annualized -46.93% vs +7.09% for VYM. Past performance does not guarantee future results.

Which is riskier, KPDD or VYM?

KPDD has been the more volatile fund at 64.2% annualized versus 14.6% for VYM. Worst drawdown: KPDD -77.5% vs VYM -58.8%.

Should I hold both KPDD and VYM?

KPDD and VYM have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between KPDD and VYM?

KPDD and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, KPDD or VYM?

KPDD yields 143.61% while VYM yields 2.86%, so KPDD currently pays the higher dividend yield.

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