KraneShares 2x Long MELI Daily ETF (KMLI)

KraneShares 2x Long MELI Daily ETF (KMLI) is an exchange-traded fund in the Trading Leveraged Equity category. It has $8.76M in assets, an expense ratio of 1.26% and a 17.39% 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.