KPDD vs OVS

Comparison between KRANESHARES 2X LONG PDD DAILY ETF (KPDD, ETF) and OVERLAY SHARES SMALL CAP EQUITY ETF (OVS, ETF).

KPDD vs OVS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KPDD(ETF)	OVS(ETF)
Net Assets	$20M	$20M
Expense Ratio	N/A	0.83%
Max Drawdown	81.78%	45.09%
Sharpe Ratio	-0.58	1.48
5Y Beta	1.70	1.16
5Y Dividends CAGR	N/A	29.71%

Net Assets

KPDD

$20M

OVS

$20M

Expense Ratio

KPDD

N/A

OVS

0.83%

Max Drawdown

KPDD

81.78%

Winner

OVS

45.09%

Sharpe Ratio

KPDD

-0.58

Winner

OVS

1.48

5Y Beta

KPDD

1.70

Winner

OVS

1.16

5Y Dividends CAGR

KPDD

N/A

OVS

29.71%

KPDD vs OVS - Holdings Comparison

KPDD and OVS have 0 common holdings. Overlap is 0.00%

KPDD's top 25 holdings weight is -4.83%. OVS's top 25 holdings weight is 99.95%.

Rank	KPDD	OVS
#1	PDD HOLDINGS INC ADR (PDD) - -4.83%	ISHARES CORE S&P SMALL-CAP ETF (IJR) - 99.07%
#2	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.88%
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	2

KPDD vs OVS - Historical Returns

Returns include dividend reinvestment.

Period	KPDD	OVS
1 month	-25.76%	-0.51%
3 months	-33.74%	+8.50%
6 months	-54.43%	+15.59%
1 year	-42.00%	+35.50%
5 years(CAGR)	N/A	+5.81%
Max(CAGR)	-55.42%	+11.74%

KPDD

-25.76%

Winner

OVS

-0.51%

KPDD

-33.74%

Winner

OVS

+8.50%

KPDD

-54.43%

Winner

OVS

+15.59%

KPDD

-42.00%

Winner

OVS

+35.50%

5Y(CAGR)

KPDD

N/A

OVS

+5.81%

Max(CAGR)

KPDD

-55.42%

Winner

OVS

+11.74%

KPDD vs OVS - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	KPDD	OVS
2026	-51.54%	+15.42%
2025	-26.65%	+6.66%
2024	N/A	+11.93%
2023	N/A	+17.54%
2022	N/A	-20.81%
2021	N/A	+31.69%
2020	N/A	+12.30%
2019	N/A	+11.52%

KPDD vs OVS Drawdown Comparison

The maximum drawdown for KPDD was -71.00%, occurring on May 28, 2026. This drawdown has not yet recovered.

The maximum drawdown for OVS was -45.09%, occurring on Mar 23, 2020. Recovery took 216 trading sessions.

The current KPDD drawdown is -69.80%. The current OVS drawdown is -2.33%.

Rank	KPDD	OVS
#1	-71.00% Mar 20, 2025 - May 28, 2026	-45.09% Jan 16, 2020 - Nov 23, 2020
#2	-5.12% Mar 17, 2025 - Mar 20, 2025	-30.46% Nov 25, 2024 - Jan 6, 2026
#3	N/A	-30.43% Nov 5, 2021 - Jul 16, 2024
#4	N/A	-10.19% Jun 8, 2021 - Nov 1, 2021
#5	N/A	-9.84% Jul 31, 2024 - Oct 14, 2024
#6	N/A	-9.40% Mar 12, 2021 - Jun 1, 2021
#7	N/A	-8.46% Feb 6, 2026 - Apr 13, 2026
#8	N/A	-5.00% Nov 11, 2024 - Nov 25, 2024
#9	N/A	-4.69% Feb 24, 2021 - Mar 9, 2021
#10	N/A	-4.60% Oct 16, 2024 - Nov 6, 2024
#11	N/A	-4.27% May 6, 2026 - May 26, 2026
#12	N/A	-3.94% Jan 26, 2021 - Feb 4, 2021
#13	N/A	-3.46% Nov 24, 2020 - Dec 4, 2020
#14	N/A	-3.24% Jul 16, 2024 - Jul 26, 2024
#15	N/A	-2.64% Nov 27, 2019 - Dec 12, 2019

Correlation

Correlation between KPDD and OVS is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

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