I observed a problem with my Tiny A: HS filters incorrectly causing massive gain. I first observed this using the Auto-EQ feature (with the headphones set to "Sennheiser HD 558", and target set to "Flat"): I got horrendously loud and distorted sound (so make sure when first testing a Fiio EQ that you put the volume down! even if the graph looks like it won't increase it much). At the time I thought it was just a bad EQ or my headphones couldn't cope. However I also observed the same problem when doing some other testing in REW and noticed the problem in the produced graphs.
I did some tests tests with a few dongles I had in my backpack (I'm at work; don't tell my boss!

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1/ FiiO Tiny-B & Jiezi (3.5mm version). They both use a SPV4040 chip. Setting the above PEQ filters, including the #3 HS, with FiiO Control webapp, I first noticed a significant jump in volume between Gain +3.3 and +3.4dB on #3 HS filter. Playing around a little more more, I was able to make them glitch pretty bad: extremely loud, huge distortion—would certainly be dangerous for your ear !!!. What did it for me was setting all the (10x) filters to HS / G=0.0 / F=20Hz / Q=1.00. Then changing the gain to from G=0.0 to G=0.1 on any filter #3 and above. would make both Tiny-B and Jiezi to glitch severely. Changing the gain on #1 or #2 HS filters was fine, no issue. Global Gain, Windows sampling frequency did not appear to make a significant difference.
2/ FiiO QX13. The PEQ features are, I believe, implemented in its XU316 chip. I had no issue with the HS filters, no glitch—a good thing considering the power of that dongle! To be exact, it does distort if I set two 20Hz HS filters with +12dB gain on each (cumulative!) and don't reduce the Global Gain appropriately... but that would be expected. The FiiO app is not going to fix stupid! I believe QZ13 PEQ is implemented in its XU316 chip.
3/ EPZ TP35Pro. It uses a CB5100 chip, a custom version of an SPVxxx chip. Setting the 10x filters to HS with the WalkPlay webpap, I was able to make it glitch, but for a different set of conditions as compared to Tiny-B and Jiezi: it would glitch on gains +6.1 and above applied to any of the 10x HS filters.
FiiO KA15, the subject of this thread... I don't have it around, but I suspect it won't be any different, perhaps glitching under a different set of conditions involving these HS filters.
In the meantime, it's probably wise to proceed with caution when using High-Shelf filters on these SPV chips... or stick with Peak filters!
EDIT, a few more tests:
4/ FiiO Melody. No issue, messing around with the HS filters, I could not make it glitch. Melody uses a SPV5048, same as the KA15. So, except for the Q-Factor implementation, I would guess KA15 is ok.
5/ NiceHCK Octave. Same as EPZ TP35Pro, glitches with any of 10x HS filters (F=20Hz / Q=1.00), for gain G=+6.1dB and above. Lowering to G=+6.0dB or below immediately resumes normal playing.
5/ iBasso Maccchiato. Same as EZ TP35Pro and NiceHCK Octave.
6/ Hi-Max (CB1200AU). I just received the "upgraded" version—not sure what the upgrade is about as it looks identical to the OG Hi-Max and WalkPlay sees them as identical. Anyway, I had forgotten that the high-shelf filter (HS) is not enabled on these dongles, low-shelf (LS) is... Maybe TTGK knew something...