KranShares 2x Long MELI Daily ETF KMLI | NASDAQ

Company Info

KranShares 2x Long MELI Daily ETF (KMLI) had its IPO on , and is traded on NASDAQ stock exchange.

The KranShares 2x Long MELI Daily ETF is a leveraged exchange-traded fund designed to deliver twice (200%) the daily performance of Mercado Libre, Inc., a dominant e-commerce and digital payments company serving Latin America. By tracking the daily price movements of Mercado Libre, this ETF employs financial instruments such as swaps and options to amplify both gains and losses relative to the underlying stock. The fund is tailored for sophisticated investors seeking to capitalize on short-term price movements of Mercado Libre, as the compounding effects of daily leverage can lead to significant deviations from expected long-term returns. KranShares developed this single-stock leveraged ETF to provide exposure to the rapidly expanding digital economy in developing regions, where Mercado Libre plays a central role in advancing commerce and financial inclusion. The ETF operates with a passive management style, charges an annual expense ratio of 1.26%, and distributes its earnings on an annual basis. Since its inception in June 2025, the KranShares 2x Long MELI Daily ETF has represented a specialized instrument within the broader category of leveraged equity products focused on the consumer discretionary and technology sectors in emerging markets.

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