KraneShares 2x Long BABA Daily ETF (KBAB)

KraneShares 2x Long BABA Daily ETF (KBAB) is an exchange-traded fund in the Trading Leveraged Equity category. It has $2.89M in assets, an expense ratio of 0.99% and a 118.17% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the underlying stock and financial instruments, such as swap agreements and options, that, in combination, provide investment exposure to 2 times (200%) the performance of the underlying stock. The fund is non-diversified.