Shareholder Report
|
12 Months Ended |
|
Mar. 31, 2025
USD ($)
Holding
|
|---|
| Shareholder Report [Line Items] |
|
| Document Type |
N-CSR
|
| Amendment Flag |
false
|
| Registrant Name |
Krane Shares Trust
|
| Entity Central Index Key |
0001547576
|
| Entity Investment Company Type |
N-1A
|
| Document Period End Date |
Mar. 31, 2025
|
| C000255783 |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
KraneShares 2x Long BABA Daily ETF
|
| Class Name |
KraneShares 2x Long BABA Daily ETF
|
| Trading Symbol |
KBAB
|
| Security Exchange Name |
NASDAQ
|
| Annual or Semi-Annual Statement [Text Block] |
This annual shareholder report contains important information about the KraneShares 2x Long BABA Daily ETF (the "Fund") for the period from March 11, 2025 (commencement of operations) to March 31, 2025.
|
| Shareholder Report Annual or Semi-Annual |
Annual Shareholder Report
|
| Additional Information [Text Block] |
You can find additional information about the Fund at https://kraneshares.com/kbab/. You can also request this information by contacting us at 1-855-857-2638.
|
| Additional Information Phone Number |
1-855-857-2638
|
| Additional Information Website |
https://kraneshares.com/kbab/
|
| Expenses [Text Block] |
What were the Fund costs for the period?(based on a hypothetical $10,000 investment) Fund Name | Costs of a $10,000 investmentFootnote Reference* | Costs paid as a percentage of a $10,000 investment |
|---|
KraneShares 2x Long BABA Daily ETF | $5 | 1.00% |
|---|
| Footnote | Description | Footnote* | Costs shown not annualized. If the Fund had been open for the full fiscal year, costs shown would have been higher for the period ended. |
|
| Expenses Paid, Amount |
$ 5
|
| Expense Ratio, Percent |
1.00%
|
| Factors Affecting Performance [Text Block] |
(a) Alibaba Group Holdings Limited (NYSE: BABA) The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily performance of Alibaba Group Holding Limited (NYSE: BABA) (the “Underlying Stock”). Because of the daily reset, the Fund’s performance for a multi-day Period will not be precisely 200% of the performance of the Underlying Stock, particularly during volatile markets. During the Period, market volatility and the performance of the Underlying Stock contributed materially to the performance of the Fund. Alibaba is an online commerce company operating globally. Its business segments include general commerce, cloud computing services, media, financial technology, and local services. As Alibaba is exposed to cross-border commerce, uncertainty regarding potential protectionist trade policies led, in part, to share price declines for Alibaba during the Period. |
| AssetsNet |
$ 2,233,301
|
| Holdings Count | Holding |
1
|
| Advisory Fees Paid, Amount |
$ 1,237
|
| InvestmentCompanyPortfolioTurnover |
0.00%
|
| Additional Fund Statistics [Text Block] |
Key Fund Statistics as of March 31, 2025 | Total Net Assets | Number of Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,233,301 | 1 | $1,237 | 0% |
|---|
|
| Holdings [Text Block] |
Market ExposureFootnote Reference*Value | Value |
|---|
Total Return Swaps | 199.4% |
| Footnote | Description | Footnote* | Percentages are calculated based on total net assets. Investments are presented at the notional amount (net of financing costs). |
|
| Largest Holdings [Text Block] |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Alibaba Group Holding Ltd. Footnote Reference(1) | | | 199.4% |
| Footnote | Description | Footnote(1) | At market value. |
|
| Material Fund Change [Text Block] |
There were no material changes during the reporting period. |
| Updated Prospectus Web Address |
https://kraneshares.com/kbab/
|
| C000255786 |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
KraneShares 2x Long PDD Daily ETF
|
| Class Name |
KraneShares 2x Long PDD Daily ETF
|
| Trading Symbol |
KPDD
|
| Security Exchange Name |
NASDAQ
|
| Annual or Semi-Annual Statement [Text Block] |
This annual shareholder report contains important information about the KraneShares 2x Long PDD Daily ETF (the "Fund") for the period from March 11, 2025 (commencement of operations) to March 31, 2025.
|
| Shareholder Report Annual or Semi-Annual |
Annual Shareholder Report
|
| Additional Information [Text Block] |
You can find additional information about the Fund at https://kraneshares.com/kpdd/. You can also request this information by contacting us at 1-855-857-2638.
|
| Additional Information Phone Number |
1-855-857-2638
|
| Additional Information Website |
https://kraneshares.com/kpdd/
|
| Expenses [Text Block] |
What were the Fund costs for the period?(based on a hypothetical $10,000 investment) Fund Name | Costs of a $10,000 investmentFootnote Reference* | Costs paid as a percentage of a $10,000 investment |
|---|
KraneShares 2x Long PDD Daily ETF | $7 | 1.27% |
|---|
| Footnote | Description | Footnote* | Costs shown not annualized. If the Fund had been open for the full fiscal year, costs shown would have been higher for the period ended. |
|
| Expenses Paid, Amount |
$ 7
|
| Expense Ratio, Percent |
1.27%
|
| Factors Affecting Performance [Text Block] |
(a) PDD Holdings (NASDAQ: PDD) The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the ADR of PDD Holdings (NASDAQ: PDD) (the “Underlying Stock”). Because of the daily reset, the Fund’s performance for a multi-day Period will not be precisely 200% of the performance of the Underlying Stock, particularly during volatile markets. During the Period, market volatility and the performance of the Underlying Stock materially contributed to the performance of the Fund. PDD is an online commerce company operating globally. As PDD is exposed to cross-border commerce, uncertainty regarding potential protectionist trade policies led, in part, to share price volatility in PDD during the Period. The Fund’s return is negative for the Period, despite the slightly positive return for the Underlying Stock, because of market volatility. |
| AssetsNet |
$ 2,471,656
|
| Holdings Count | Holding |
1
|
| Advisory Fees Paid, Amount |
$ 1,785
|
| InvestmentCompanyPortfolioTurnover |
0.00%
|
| Additional Fund Statistics [Text Block] |
Key Fund Statistics as of March 31, 2025 | Total Net Assets | Number of Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,471,656 | 1 | $1,785 | 0% |
|---|
|
| Holdings [Text Block] |
Market ExposureFootnote Reference*Value | Value |
|---|
Total Return Swaps | 199.4% |
| Footnote | Description | Footnote* | Percentages are calculated based on total net assets. Investments are presented at the notional amount (net of financing costs). |
|
| Largest Holdings [Text Block] |
Holding Name | | | Percentage of
Total Net Assets |
|---|
PDD Holdings Inc. Footnote Reference(1) | | | 199.4% |
| Footnote | Description | Footnote(1) | At market value. |
|
| Material Fund Change [Text Block] |
There were no material changes during the reporting period. |
| Updated Prospectus Web Address |
https://kraneshares.com/kpdd/
|
