KraneShares MSCI All China Index ETF
ALTAR
Score™		 9.0% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 10.2x P/Sales
ratio		 1.0x
P/BV
ratio		 1.1x Div.
yield		 2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
KALL seeks to provide investment results that, before fees and expenses, track the price performance of the MSCI China All Shares Index. The index seeks to track the equity market performance of companies based in China and listed in mainland China, Hong Kong, and the United States.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Krane Fund Advisors LLC
Website www.kraneshares.com
Inception date Feb 12, 2015
Assets (mns) $11
Currency USD
Expense ratio 49 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 201
Wgt avg mkt cap (mns) $118,719
Large cap (>$10bn) 87.3%
Mid cap ($2-10bn) 12.6%
Small cap (<$2bn) 0.1%
Developed mkts 16.1%
Emerging mkts 83.9%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 9.0 %
ALIBABA GROUP HOLDING LTD. 4.9 %
PINDUODUO, INC. SPONSORED ADR CLAS 2.7 %
KWEICHOW MOUTAI CO LTD-A 2.5 %
MEITUAN DIANPING 2.4 %
CHINA CONSTRUCTION BANK-H 2.3 %
BANK OF CHINA LTD - H 1.4 %
BYD CO LTD-H 1.4 %
IND & COMM BK OF CHINA - H 1.4 %
NETEASE, INC 1.3 %
Total 29.2 %

TOP COUNTRY EXPOSURE
CHINA 94.2 %
HONG KONG 5.9 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.5% 17.2% 0.6% -- 0.9%

Market Correlations
versus... Beta R-squared
S&P500 0.34 4%
MSCI EAFE 0.72 18%
MSCI Emg. Mkts. 1.35 60%

Technical Indicators
Recent close $21.15
30d moving avg. $22.35
Annualized volatility 30.3%
Short interest (ETF) 2.2%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.8%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $31,151

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 337 potential alternatives to the KraneShares MSCI All China Index ETF ETF based on the alternatives' overlap in portfolio holdings with KALL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KALL Expense: 49 bp ALTAR Score™: 9.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KALL
Ticker Fund
Name		 Overlap1
vs KALL
(%)		 Expense
ratio
(bp)		 Savings
vs KALL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs KALL
(%)
MCHI iShares MSCI China ETF 58.9 59 -10 8.4 -0.6
FLCH Franklin FTSE China ETF 58.3 19 30 8.8 -0.2
GXC SPDR S&P China ETF 51.7 59 -10 8.3 -0.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 44.4 32 17 6.1 -3.0
BKF iShares MSCI BIC ETF 40.5 69 -20 6.9 -2.1
FXI iShares China Large-Cap ETF 39.2 74 -25 8.2 -0.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 38.3 65 -16 7.9 -1.1
MCH Matthews China Active ETF 38.0 79 -30 5.4 -3.6
CNYA iShares MSCI China A ETF 36.1 60 -11 8.0 -1.0
JCHI JPMorgan Active China ETF 35.7 65 -16 8.0 -1.1
AIA iShares Asia 50 ETF 31.2 50 -1 6.6 -2.4
PXH Invesco FTSE RAFI Emerging Markets ETF 30.6 49 0 12.2 +3.2
KWEB KraneShares CSI China Internet ETF 27.0 69 -20 -1.4 -10.4
EEMA iShares MSCI Emerging Markets Asia ETF 27.0 49 0 6.5 -2.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 25.0 39 10 12.5 +3.5
KTEC KraneShares Hang Seng TECH Index ETF 24.9 69 -20 -3.6 -12.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 24.7 70 -21 6.2 -2.9
LDEM iShares ESG MSCI EM Leaders ETF 24.7 17 32 7.6 -1.4
RAYC Rayliant Quantamental China Equity ETF 24.4 80 -31 8.6 -0.4
GMF SPDR S&P Emerging Asia Pacific ETF 24.3 49 0 6.1 -2.9
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 24.3 55 -6 8.5 -0.6
TCHI iShares MSCI China Multisector Tech ETF 24.2 59 -10 1.9 -7.2
FDNI First Trust Dow Jones International Internet ETF 23.9 65 -16 2.1 -6.9
CGRO CoreValues Alpha Greater China Growth ETF 23.5 75 -26 2.0 -7.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 23.3 20 29 6.8 -2.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 23.3 86 -37 1.6 -7.4
AFTY Pacer CSOP FTSE China A50 ETF 22.6 70 -21 9.0 +0.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 22.3 30 19 7.3 -1.7
EQLT iShares MSCI Emerging Markets Quality Factor ETF 22.1 35 14 7.4 -1.6
CHIQ Global X MSCI China Consumer Discretionary ETF 22.1 65 -16 5.9 -3.1
ESGE iShares ESG Aware MSCI EM ETF 21.5 25 24 7.1 -1.9
EEM iShares MSCI Emerging Markets ETF 21.4 69 -20 6.9 -2.1
FLAX Franklin FTSE Asia Ex Japan ETF 21.1 19 30 6.9 -2.2
SCHE Schwab Emerging Markets Equity ETF 20.4 11 38 7.1 -1.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 20.0 35 14 12.4 +3.4
ECON Columbia Emerging Markets Consumer ETF 20.0 49 0 7.3 -1.7
VWO Vanguard FTSE Emerging Markets ETF 19.4 8 41 6.9 -2.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 19.2 66 -17 10.0 +1.0
SPEM SPDR Portfolio Emerging Markets ETF 18.9 7 42 7.3 -1.7
NUEM Nuveen ESG Emerging Markets Equity ETF 18.8 36 13 6.5 -2.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 18.7 33 16 8.2 -0.8
EMXF iShares ESG Advanced MSCI EM ETF 18.4 16 33 6.8 -2.2
IEMG iShares Core MSCI Emerging Markets ETF 18.3 9 40 7.5 -1.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 18.2 15 34 10.2 +1.2
EMGF iShares Emerging Markets Equity Factor ETF 18.0 25 24 8.5 -0.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 18.0 45 4 11.0 +2.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 17.9 60 -11 0.5 -8.6
DFAE Dimensional Emerging Core Equity Market ETF 17.8 35 14 7.3 -1.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 17.6 32 17 6.2 -2.8
JHEM John Hancock Multifactor Emerging Markets ETF 17.5 49 0 8.2 -0.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 17.3 15 34 7.2 -1.8
MEM Matthews Emerging Markets Equity Active ETF 17.3 79 -30 5.4 -3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 16.9 36 13 7.8 -1.2
BKEM BNY Mellon Emerging Markets Equity ETF 16.9 11 38 8.4 -0.6
CQQQ Invesco China Technology ETF 16.8 70 -21 -7.9 -16.9
DEHP Dimensional Emerging Markets High Profitability ETF 16.3 41 8 5.0 -4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 16.3 30 19 8.1 -0.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 16.2 41 8 7.4 -1.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 16.2 50 -1 13.0 +4.0
MINV Matthews Asia Innovators Active ETF 16.0 79 -30 3.0 -6.0
FDEM Fidelity Emerging Markets Multifactor ETF 15.8 25 24 12.3 +3.3
DFEV Dimensional Emerging Markets Value ETF 15.7 43 6 11.1 +2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 15.0 38 11 7.8 -1.2
AVEM Avantis Emerging Markets Equity ETF 13.7 33 16 8.9 -0.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 13.0 59 -10 11.3 +2.3
FEM First Trust Emerging Markets AlphaDEX Fund 12.8 80 -31 13.0 +4.0
DEM WisdomTree Emerging Markets High Dividend Fund 12.7 63 -14 18.9 +9.8
ROAM Hartford Multifactor Emerging Markets ETF 12.2 44 5 15.8 +6.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.8 40 9 8.3 -0.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.5 45 4 12.3 +3.3
FCA First Trust China AlphaDEX Fund 11.1 80 -31 16.2 +7.2
EMC Global X Emerging Markets Great Consumer ETF 10.9 75 -26 4.5 -4.5
PATN Pacer Nasdaq International Patent Leaders ETF 10.9 65 -16 6.5 -2.5
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 10.8 18 31 6.8 -2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 10.4 25 24 6.6 -2.4
SOCL Global X Social Media ETF 10.2 65 -16 -6.4 -15.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 10.0 60 -11 9.8 +0.8
DVYE iShares Emerging Markets Dividend ETF 9.7 49 0 18.8 +9.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 9.6 95 -46 10.5 +1.5
RNEM First Trust Emerging Markets Equity Select ETF 9.4 75 -26 7.6 -1.5
ODDS Pacer BlueStar Digital Entertainment ETF 8.7 60 -11 2.3 -6.7
OBOR KraneShares MSCI One Belt One Road Index ETF 8.6 79 -30 10.3 +1.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.5 44 5 10.6 +1.6
AVES Avantis Emerging Markets Value ETF 8.4 36 13 11.6 +2.6
ESPO VanEck Video Gaming and eSports ETF 8.3 56 -7 3.5 -5.5
MOTI VanEck Morningstar International Moat ETF 8.1 58 -9 5.9 -3.1
GBUY Goldman Sachs Future Consumer Equity ETF 8.0 75 -26 3.3 -5.7
RXI iShares Global Consumer Discretionary ETF 7.3 41 8 5.4 -3.7
EDIV SPDR S&P Emerging Markets Dividend ETF 7.1 49 0 12.0 +3.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.1 78 -29 9.0 -0.0
KGRN KraneShares MSCI China Clean Technology Index ETF 7.0 79 -30 5.6 -3.4
DSTX Distillate International Fundamental Stability & Value ETF 6.9 55 -6 8.0 -1.1
ACWX iShares MSCI ACWI ex U.S. ETF 6.7 34 15 7.0 -2.1
WRND IQ Global Equity R&D Leaders ETF 6.5 18 31 7.5 -1.5
IXP iShares Global Comm Services ETF 6.2 42 7 5.1 -4.0
JIG JPMorgan International Growth ETF 6.2 55 -6 4.6 -4.4
CWI SPDR MSCI ACWI ex-US ETF 6.2 30 19 6.9 -2.1
VEU Vanguard FTSE All-World ex-US Index Fund 6.1 8 41 7.3 -1.8
FMET Fidelity Metaverse ETF 5.9 39 10 5.4 -3.6
RODE Hartford Multifactor Diversified International ETF 5.7 29 20 11.8 +2.8
IXUS iShares Core MSCI Total International Stock ETF 5.7 7 42 7.2 -1.8
EMFQ Amplify Emerging Markets FinTech ETF 5.6 69 -20 5.3 -3.7
IVRS iShares Future Metaverse Tech and Communications ETF 5.6 47 2 -4.9 -13.9
ISHP First Trust Nasdaq Retail ETF 5.6 60 -11 2.9 -6.2
VXUS Vanguard Total International Stock ETF 5.5 7 42 7.2 -1.8
ARVR First Trust Indxx Metaverse ETF 5.5 70 -21 0.8 -8.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.5 41 8 7.4 -1.6
GVAL Cambria Global Value ETF 5.3 68 -19 13.1 +4.1
ACWV iShares MSCI Global Min Vol Factor ETF 5.3 20 29 6.3 -2.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.3 65 -16 8.2 -0.8
BNGE First Trust S-Network Streaming and Gaming ETF 5.3 70 -21 -3.5 -12.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.1 67 -18 15.0 +6.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.1 18 31 7.0 -2.0
VSGX Vanguard ESG International Stock ETF 5.1 12 37 6.8 -2.3
OGIG ALPS O'Shares Global Internet Giants ETF 5.0 48 1 1.9 -7.1
AIQ Global X Artificial Intelligence & Technology ETF 5.0 68 -19 4.0 -5.0
GSIB Themes Global Systemically Important Banks ETF 4.7 35 14 13.4 +4.4
CHAT Roundhill Generative AI & Technology ETF 4.7 75 -26 3.8 -5.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.5 45 4 5.7 -3.3
ANEW ProShares MSCI Transformational Changes ETF 4.5 45 4 3.6 -5.5
IBUY Amplify Online Retail ETF 4.4 65 -16 1.4 -7.7
FDCF Fidelity Disruptive Communications ETF 4.3 50 -1 2.6 -6.5
VYMI Vanguard International High Dividend Yield ETF 4.3 22 27 9.8 +0.8
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.2 68 -19 8.2 -0.8
KURE KraneShares MSCI All China Health Care Index ETF 4.2 65 -16 4.3 -4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 19 8.0 -1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.2 47 2 9.4 +0.4
IPKW Invesco International BuyBack Achievers ETF 4.2 55 -6 11.0 +2.0
METV Roundhill Ball Metaverse ETF 4.1 59 -10 3.4 -5.7
IQDF FlexShares International Quality Dividend Index Fund 4.1 47 2 12.9 +3.9
MRAD SmartETFs Advertising & Marketing Technology ETF 4.1 68 -19 5.5 -3.5
EYLD Cambria Emerging Shareholder Yield ETF 4.1 66 -17 13.2 +4.2
TTAI FCF International Quality ETF 4.0 59 -10 5.6 -3.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.0 72 -23 1.0 -8.0
DINT Davis Select International ETF 3.9 55 -6 6.0 -3.0
DWLD Davis Select Worldwide ETF 3.9 63 -14 6.7 -2.3
OND ProShares On-Demand ETF 3.9 58 -9 -2.2 -11.2
VIDI Vident International Equity Strategy ETF 3.9 61 -12 10.2 +1.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.8 75 -26 2.9 -6.2
BUYZ Franklin Disruptive Commerce ETF 3.8 50 -1 1.8 -7.2
UMMA Wahed Dow Jones Islamic World ETF 3.7 65 -16 4.6 -4.5
PGJ Invesco Golden Dragon China ETF 3.7 70 -21 4.9 -4.1
IGRO iShares International Dividend Growth ETF 3.6 15 34 7.5 -1.5
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 3.4 65 -16 3.9 -5.1
GGME Invesco Next Gen Media and Gaming ETF 3.3 60 -11 3.5 -5.5
MOTG VanEck Morningstar Global Wide Moat ETF 3.2 52 -3 5.6 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.2 42 7 8.1 -1.0
EBIZ Global X E-Commerce ETF 3.2 50 -1 2.1 -7.0
IQDE FlexShares International Quality Dividend Defensive Index ET 3.0 47 2 14.8 +5.8
LIT Global X Lithium & Battery Tech ETF 3.0 75 -26 9.1 +0.1
BATT Amplify Lithium & Battery Technology ETF 3.0 59 -10 -0.1 -9.1
WUGI AXS Esoterica NextG Economy ETF 3.0 75 -26 2.5 -6.5
CGXU Capital Group International Focus Equity ETF 2.9 54 -5 4.9 -4.2
XT iShares Exponential Technologies ETF 2.8 46 3 4.8 -4.2
EV Mast Global Battery Recycling & Production ETF 2.8 65 -16 12.2 +3.2
ONLN ProShares Online Retail ETF 2.7 58 -9 3.3 -5.7
LIVR Intelligent Livermore ETF 2.7 69 -20 6.0 -3.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.7 57 -8 5.9 -3.1
EMIF iShares Emerging Markets Infrastructure ETF 2.6 60 -11 8.5 -0.5
IBLC iShares Blockchain and Tech ETF 2.6 47 2 -1.7 -10.7
CLNR IQ Cleaner Transport ETF 2.6 45 4 6.8 -2.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.6 29 20 8.7 -0.3
EMMF WisdomTree Emerging Markets Multifactor Fund 2.4 48 1 8.8 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 2.4 75 -26 5.0 -4.0
DEW WisdomTree Global High Dividend Fund 2.4 58 -9 8.5 -0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.4 20 29 5.2 -3.9
GSFP Goldman Sachs Future Planet Equity ETF 2.4 75 -26 4.2 -4.8
IVES Wedbush ETFMG Global Cloud Technology ETF 2.4 68 -19 5.8 -3.3
DGT SPDR Global Dow ETF 2.3 50 -1 6.8 -2.2
GLOF iShares Global Equity Factor ETF 2.3 20 29 7.0 -2.0
AIVC Amplify Bloomberg AI Value Chain ETF 2.3 59 -10 5.8 -3.2
ACWI iShares MSCI ACWI ETF 2.3 32 17 5.3 -3.7
KLMT Invesco MSCI Global Climate 500 ETF 2.2 10 39 5.4 -3.6
SDG iShares MSCI Global Sustainable Development Goals ETF 2.2 49 0 5.6 -3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 3 9.3 +0.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.2 39 10 -1.7 -10.7
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.1 20 29 5.2 -3.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.1 70 -21 9.2 +0.2
NXTG First Trust Indxx NextG ETF 2.0 70 -21 6.2 -2.8
BNE Blue Horizon BNE ETF 2.0 87 -38 4.6 -4.4
VT Vanguard Total World Stock ETF 2.0 7 42 5.5 -3.5
BIGFX Baron International Growth Retail 2.0 75 -26 3.1 -5.9
ICLN iShares Global Clean Energy ETF 2.0 41 8 6.0 -3.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.0 9 40 5.4 -3.7
GINN Goldman Sachs Innovate Equity ETF 1.9 52 -3 2.8 -6.3
SMOG VanEck Low Carbon Energy ETF 1.9 61 -12 2.4 -6.7
IDRV iShares Self-driving EV & Tech ETF 1.9 47 2 -0.4 -9.4
XNTK SPDR NYSE Technology ETF 1.8 35 14 4.2 -4.9
IXG iShares Global Financials ETF 1.8 42 7 6.2 -2.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.7 68 -19 7.3 -1.7
SCHY Schwab International Dividend Equity ETF 1.7 14 35 9.3 +0.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 37 4.8 -4.2
WISE Themes Generative Artificial Intelligence ETF 1.6 35 14 0.5 -8.5
CARZ First Trust NASDAQ Global Auto Index Fund 1.6 70 -21 3.8 -5.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 37 8.3 -0.7
NTZG Nuveen Global Net Zero Transition ETF 1.4 56 -7 4.7 -4.3
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -9 15.5 +6.5
BWEB Bitwise Web3 ETF 1.4 85 -36 0.7 -8.3
FDTX Fidelity Disruptive Technology ETF 1.4 50 -1 2.8 -6.3
FILL iShares MSCI Global Energy Producers ETF 1.3 39 10 9.6 +0.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.3 90 -41 6.1 -2.9
IBAT iShares Energy Storage & Materials ETF 1.3 47 2 3.1 -5.9
MVPS Amplify Thematic All-Stars ETF 1.3 49 0 2.7 -6.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -12 1.2 -7.8
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -21 9.8 +0.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.2 60 -11 13.4 +4.4
FBOT Fidelity Disruptive Automation ETF 1.2 50 -1 3.6 -5.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.2 45 4 -0.6 -9.6
IOO iShares Global 100 ETF 1.1 41 8 4.8 -4.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 39 7.7 -1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 -9 5.0 -4.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.1 46 3 4.9 -4.1
FID First Trust S&P International Dividend Aristocrats ETF 1.1 60 -11 9.0 -0.1
WDIV SPDR S&P Global Dividend ETF 1.1 40 9 9.4 +0.4
CGIE Capital Group International Equity ETF 1.1 54 -5 4.9 -4.1
GII SPDR S&P Global Infrastructure ETF 1.1 40 9 4.3 -4.7
IXC iShares Global Energy ETF 1.1 44 5 8.7 -0.3
IGF iShares Global Infrastructure ETF 1.1 41 8 4.3 -4.7
EEMO Invesco S&P Emerging Markets Momentum ETF 1.0 29 20 5.5 -3.5
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 10 9.2 +0.2
TEMP JPMorgan Climate Change Solutions ETF 1.0 49 0 5.5 -3.5
OAIM OneAscent International Equity ETF 1.0 95 -46 5.1 -3.9
QINT American Century Quality Diversified International ETF 0.9 39 10 7.7 -1.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 14 4.6 -4.4
APIE ActivePassive International Equity ETF 0.9 45 4 8.1 -0.9
CGV Conductor Global Equity Value ETF 0.9 130 -81 10.9 +1.9
KNCT Invesco Next Gen Connectivity ETF 0.9 40 9 5.6 -3.4
TRFM AAM Transformers ETF 0.9 49 0 2.0 -7.0
VIGI Vanguard International Dividend Appreciation ETF 0.9 15 34 6.4 -2.6
IQRA IQ CBRE Real Assets ETF 0.9 65 -16 5.2 -3.8
BECO BlackRock Future Climate and Sustainable Economy ETF 0.8 70 -21 11.9 +2.9
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.8 75 -26 4.6 -4.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.7 61 -12 -2.4 -11.4
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -40 4.9 -4.1
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 2 8.0 -1.0
GINX SGI Enhanced Global Income ETF 0.7 98 -49 5.6 -3.4
AADR AdvisorShares Dorsey Wright ADR ETF 0.7 110 -61 5.6 -3.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.7 65 -16 0.2 -8.8
WWJD Inspire International ETF 0.7 80 -31 7.3 -1.7
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 10 11.0 +2.0
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.7 49 0 16.1 +7.1
BLLD JPMorgan Sustainable Infrastructure ETF 0.6 49 0 5.7 -3.3
DFNL Davis Select Financial ETF 0.6 63 -14 6.6 -2.4
DRIV Global X Autonomous & Electric Vehicles ETF 0.6 68 -19 4.8 -4.2
RING iShares MSCI Global Gold Miners ETF 0.6 39 10 5.6 -3.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.6 85 -36 8.6 -0.5
FLHK Franklin FTSE Hong Kong ETF 0.6 9 40 6.8 -2.2
DTAN Sparkline International Intangible Value ETF 0.6 55 -6 9.2 +0.1
AGMI Themes Silver Miners ETF 0.6 35 14 4.5 -4.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 10 12.8 +3.8
SDIV Global X Superdividend ETF 0.5 58 -9 14.9 +5.9
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 -6 9.7 +0.7
TMFG Motley Fool Global Opportunities ETF 0.5 85 -36 3.2 -5.8
LNGG Roundhill Alerian LNG ETF 0.5 65 -16 9.1 +0.1
LYLD Cambria Large Cap Shareholder Yield ETF 0.5 59 -10 9.1 +0.1
QQQ Invesco QQQ Trust Series I 0.5 20 29 4.5 -4.5
QQQM Invesco NASDAQ 100 ETF 0.5 15 34 4.6 -4.4
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -11 3.8 -5.2
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -13 3.6 -5.4
LUXX Roundhill S&P Global Luxury ETF 0.5 45 4 2.9 -6.2
OZEM Roundhill GLP-1 & Weight Loss ETF 0.5 59 -10 -0.8 -9.8
BLES Inspire Global Hope ETF 0.5 61 -12 6.4 -2.6
DMAT Global X Disruptive Materials ETF 0.5 59 -10 10.5 +1.5
PTEC Global X PropTech ETF 0.4 50 -1 1.6 -7.5
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 14 4.7 -4.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 12 8.9 -0.1
SEA U.S. Global Sea to Sky Cargo ETF 0.4 60 -11 21.5 +12.5
SHPP Pacer Industrials and Logistics ETF 0.4 60 -11 9.9 +0.8
MOO VanEck Agribusiness ETF 0.4 53 -4 9.7 +0.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 28 3.8 -5.2
IXN iShares Global Tech ETF 0.3 41 8 4.5 -4.5
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 4 -4.6 -13.6
BINV Brandes International ETF 0.3 70 -21 8.5 -0.5
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -10 2.8 -6.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 30 5.4 -3.6
GNOM Global X Genomics & Biotechnology ETF 0.3 50 -1 -5.6 -14.6
IDOG ALPS International Sector Dividend Dogs ETF 0.3 50 -1 12.8 +3.8
FPAG FPA Global Equity ETF 0.3 49 0 5.4 -3.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.3 20 29 1.0 -8.0
HAIL SPDR S&P Kensho Smart Mobility ETF 0.3 45 4 -3.0 -12.0
PBD Invesco Global Clean Energy ETF 0.3 75 -26 -5.3 -14.3
PBW Invesco WilderHill Clean Energy ETF 0.3 66 -17 -13.7 -22.7
SFYF SoFi Social 50 ETF 0.3 29 20 -2.2 -11.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.3 35 14 1.9 -7.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 -9 4.6 -4.4
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 29 4.7 -4.3
RAYS Global X Solar ETF 0.3 51 -2 6.9 -2.1
IQSI IQ Candriam International Equity ETF 0.2 15 34 6.6 -2.4
PNQI Invesco NASDAQ Internet ETF 0.2 60 -11 2.3 -6.7
ICOP iShares Copper and Metals Mining ETF 0.2 47 2 10.1 +1.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.2 80 -31 7.6 -1.4
UIVM VictoryShares International Value Momentum ETF 0.2 35 14 11.0 +2.0
VPL Vanguard FTSE Pacific ETF 0.2 8 41 7.7 -1.3
DTEC ALPS Disruptive Technologies ETF 0.2 50 -1 3.7 -5.3
FAN First Trust Global Wind Energy ETF 0.2 60 -11 5.5 -3.5
FRNW Fidelity Clean Energy ETF 0.2 39 10 2.6 -6.5
RNRG Global X Renewable Energy Producers ETF 0.2 66 -17 5.5 -3.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.2 79 -30 5.1 -3.9
WNDY Global X Wind Energy ETF 0.2 50 -1 6.1 -2.9
CGDG Capital Group Dividend Growers ETF 0.2 47 2 6.6 -2.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 2 5.5 -3.6
JFWD Jacob Forward ETF 0.2 75 -26 0.0 -9.0
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.2 50 -1 5.7 -3.3
FCLD Fidelity Cloud Computing ETF 0.2 39 10 3.1 -5.9
ILIT iShares Lithium Miners and Producers ETF 0.2 47 2 12.3 +3.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 4 8.9 -0.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 29 7.0 -2.0
BKIE BNY Mellon International Equity ETF 0.1 4 45 7.1 -1.9
EDOC Global X Telemedicine & Digital Health ETF Registered 0.1 68 -19 -4.1 -13.1
FDHT Fidelity Digital Health ETF 0.1 39 10 -2.3 -11.3
QQQS Invesco NASDAQ Future Gen 200 ETF 0.1 20 29 -10.7 -19.7
AQWA Global X Clean Water ETF 0.1 50 -1 4.2 -4.8
AWAY ETFMG Travel Tech ETF 0.1 76 -27 -5.2 -14.2
EBLU Ecofin Global Water ESG Fund 0.1 40 9 4.9 -4.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 25 8.7 -0.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -31 12.3 +3.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 29 7.1 -2.0
SCHF Schwab International Equity ETF 0.1 6 43 7.5 -1.5
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 20 6.5 -2.6
VEA Vanguard FTSE Developed Markets ETF 0.1 5 44 7.3 -1.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 10 7.2 -1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -26 4.3 -4.8
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 2 5.0 -4.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 24 9.9 +0.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 40 4.9 -4.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 14 5.1 -3.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 39 5.3 -3.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 42 4.9 -4.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 46 7.2 -1.8
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 49 5.0 -4.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 38 4.9 -4.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 40 8.1 -0.9
INTF iShares International Equity Factor ETF 0.0 15 34 8.2 -0.8
RVRB Reverb ETF 0.0 30 19 4.7 -4.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 7 5.1 -3.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 10 7.5 -1.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.4 -1.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 KraneShares MSCI All China Index ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 9.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.37 CATEGORY
AVERAGE		 1.48
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.