KraneShares MSCI All China Index ETF
ALTAR
Score™		 15.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 7.1x P/Sales
ratio		 0.9x
P/BV
ratio		 0.7x 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) $10
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 203
Wgt avg mkt cap (mns) $126,307
Large cap (>$10bn) 88.7%
Mid cap ($2-10bn) 11.3%
Small cap (<$2bn) 0.0%
Developed mkts 15.5%
Emerging mkts 84.5%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 11.9 %
ALIBABA GROUP HOLDING LTD. 6.8 %
XIAOMI CORP. CLASS B 3.1 %
CHINA CONSTRUCTION BANK-H 2.5 %
PINDUODUO, INC. SPONSORED ADR CLAS 2.0 %
KWEICHOW MOUTAI CO LTD-A 2.0 %
MEITUAN DIANPING 1.8 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 1.7 %
PING AN INSURANCE GROUP CO-H 1.5 %
NETEASE, INC 1.4 %
Total 34.7 %

TOP COUNTRY EXPOSURE
CHINA 100.0 %
HONG KONG 6.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 0.57 8%
MSCI EAFE 1.07 33%
MSCI Emg. Mkts. 1.51 74%

Technical Indicators
Recent close $22.28
30d moving avg. $21.56
Annualized volatility 30.8%
Short interest (ETF) 0.1%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $25,946

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 322 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™: 15.0%


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
(%)
FLCH Franklin FTSE China ETF 64.9 19 30 15.1 +0.1
MCHI iShares MSCI China ETF 59.6 59 -10 16.6 +1.7
GXC SPDR S&P China ETF 56.2 59 -10 14.7 -0.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 48.6 32 17 15.1 +0.1
FXI iShares China Large-Cap ETF 45.7 74 -25 17.8 +2.8
BKF iShares MSCI BIC ETF 45.4 69 -20 13.2 -1.8
JCHI JPMorgan Active China ETF 44.6 65 -16 14.7 -0.3
MCH Matthews China Active ETF 44.0 79 -30 13.5 -1.5
AIA iShares Asia 50 ETF 38.5 50 -1 12.0 -3.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 37.8 65 -16 6.8 -8.1
PXH Invesco FTSE RAFI Emerging Markets ETF 32.3 49 0 15.3 +0.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 32.1 20 29 10.3 -4.7
KWEB KraneShares CSI China Internet ETF 31.6 69 -20 23.2 +8.3
ECON Columbia Emerging Markets Consumer ETF 31.4 49 0 12.1 -2.9
KTEC KraneShares Hang Seng TECH Index ETF 29.7 69 -20 18.3 +3.3
FLAX Franklin FTSE Asia Ex Japan ETF 29.6 19 30 9.0 -6.0
EEMA iShares MSCI Emerging Markets Asia ETF 29.5 49 0 9.9 -5.1
LDEM iShares ESG MSCI EM Leaders ETF 28.6 17 32 13.5 -1.5
TCHI iShares MSCI China Multisector Tech ETF 28.5 59 -10 15.8 +0.8
EEMO Invesco S&P Emerging Markets Momentum ETF 27.9 29 20 6.4 -8.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 27.6 86 -37 13.0 -2.0
FDNI First Trust Dow Jones International Internet ETF 27.6 65 -16 20.1 +5.1
GMF SPDR S&P Emerging Asia Pacific ETF 27.5 49 0 9.3 -5.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 27.3 15 34 7.7 -7.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 26.9 70 -21 9.0 -6.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 26.7 66 -17 9.4 -5.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 26.5 39 10 15.9 +0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 25.9 45 4 10.1 -4.9
JHEM John Hancock Multifactor Emerging Markets ETF 25.9 49 0 9.9 -5.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 25.4 15 34 10.0 -5.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 25.1 33 16 9.8 -5.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 24.8 36 13 9.5 -5.5
BKEM BNY Mellon Emerging Markets Equity ETF 24.6 11 38 9.7 -5.2
ESGE iShares ESG Aware MSCI EM ETF 24.2 25 24 9.9 -5.1
VWO Vanguard FTSE Emerging Markets ETF 24.0 7 42 10.0 -5.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 23.9 30 19 10.1 -4.9
EEM iShares MSCI Emerging Markets ETF 23.6 69 -20 10.0 -5.0
SCHE Schwab Emerging Markets Equity ETF 23.4 11 38 10.7 -4.3
NUEM Nuveen ESG Emerging Markets Equity ETF 22.5 36 13 7.7 -7.3
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 22.3 55 -6 6.9 -8.1
SPEM SPDR Portfolio Emerging Markets ETF 22.1 7 42 10.3 -4.7
MINV Matthews Asia Innovators Active ETF 21.3 79 -30 7.0 -8.0
CHIQ Global X MSCI China Consumer Discretionary ETF 20.7 65 -16 15.9 +0.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 20.7 35 14 17.7 +2.8
MEM Matthews Emerging Markets Equity Active ETF 20.6 79 -30 7.6 -7.4
FDEM Fidelity Emerging Markets Multifactor ETF 20.5 25 24 12.4 -2.6
CGRO CoreValues Alpha Greater China Growth ETF 20.3 75 -26 4.3 -10.7
IEMG iShares Core MSCI Emerging Markets ETF 19.9 9 40 10.2 -4.8
EMXF iShares ESG Advanced MSCI EM ETF 19.9 16 33 8.3 -6.7
DFAE Dimensional Emerging Core Equity Market ETF 19.8 35 14 9.1 -5.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 19.8 50 -1 10.7 -4.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 19.5 60 -11 10.3 -4.7
EMGF iShares Emerging Markets Equity Factor ETF 19.5 25 24 11.4 -3.6
EMC Global X Emerging Markets Great Consumer ETF 19.4 75 -26 10.8 -4.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 19.2 32 17 8.9 -6.0
AVEM Avantis Emerging Markets Equity ETF 19.1 33 16 8.4 -6.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 18.8 41 8 8.4 -6.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 18.6 30 19 9.0 -6.0
DEHP Dimensional Emerging Markets High Profitability ETF 18.6 41 8 6.5 -8.5
DFEV Dimensional Emerging Markets Value ETF 18.2 43 6 13.0 -2.0
RAYC Rayliant Quantamental China Equity ETF 18.1 80 -31 7.3 -7.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 17.5 38 11 9.0 -6.0
CQQQ Invesco China Technology ETF 17.3 70 -21 12.0 -2.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 16.5 59 -10 8.6 -6.4
UEVM VictoryShares Emerging Markets Value Momentum ETF 16.3 45 4 10.6 -4.4
AVSE Avantis Responsible Emerging Markets Equity ETF 16.0 33 16 8.2 -6.8
ROAM Hartford Multifactor Emerging Markets ETF 15.7 44 5 11.9 -3.1
CNYA iShares MSCI China A ETF 15.5 60 -11 6.2 -8.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 14.9 40 9 6.9 -8.1
DEM WisdomTree Emerging Markets High Dividend Fund 14.2 63 -14 13.1 -1.9
FEM First Trust Emerging Markets AlphaDEX Fund 12.0 80 -31 10.9 -4.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 11.9 25 24 6.5 -8.5
PATN Pacer Nasdaq International Patent Leaders ETF 11.6 65 -16 6.0 -9.0
SOCL Global X Social Media ETF 11.0 65 -16 8.5 -6.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 10.9 95 -46 11.5 -3.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 10.6 75 -26 4.6 -10.4
RNEM First Trust Emerging Markets Equity Select ETF 9.6 75 -26 7.6 -7.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 9.6 60 -11 8.1 -6.9
DVYE iShares Emerging Markets Dividend ETF 9.5 49 0 18.1 +3.1
ODDS Pacer BlueStar Digital Entertainment ETF 9.1 60 -11 2.1 -12.9
CHAT Roundhill Generative AI & Technology ETF 8.5 75 -26 8.8 -6.2
BNGE First Trust S-Network Streaming and Gaming ETF 8.4 70 -21 2.5 -12.5
MOTI VanEck Morningstar International Moat ETF 8.2 58 -9 11.8 -3.2
ARVR First Trust Indxx Metaverse ETF 8.1 70 -21 3.9 -11.0
AVES Avantis Emerging Markets Value ETF 8.1 36 13 10.8 -4.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.0 44 5 10.4 -4.6
RXI iShares Global Consumer Discretionary ETF 7.9 41 8 9.0 -6.0
WRND IQ Global Equity R&D Leaders ETF 7.6 18 31 8.0 -7.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.5 41 8 7.4 -7.6
FCA First Trust China AlphaDEX Fund 7.4 80 -31 7.9 -7.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.4 18 31 7.8 -7.2
OBOR KraneShares MSCI One Belt One Road Index ETF 7.4 79 -30 8.8 -6.2
ESPO VanEck Video Gaming and eSports ETF 7.4 56 -7 3.7 -11.3
VEU Vanguard FTSE All-World ex-US Index Fund 7.3 4 45 7.9 -7.0
ACWX iShares MSCI ACWI ex U.S. ETF 7.3 34 15 7.6 -7.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.3 78 -29 9.1 -5.9
CWI SPDR MSCI ACWI ex-US ETF 7.2 30 19 7.5 -7.5
IXP iShares Global Comm Services ETF 7.0 42 7 5.3 -9.7
VXUS Vanguard Total International Stock ETF 6.7 5 44 7.7 -7.3
RODE Hartford Multifactor Diversified International ETF 6.6 29 20 11.4 -3.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.4 90 -41 6.7 -8.3
VSGX Vanguard ESG International Stock ETF 6.3 10 39 7.5 -7.5
IXUS iShares Core MSCI Total International Stock ETF 6.2 7 42 7.7 -7.2
FMET Fidelity Metaverse ETF 6.2 39 10 4.6 -10.4
MOTG VanEck Morningstar Global Wide Moat ETF 6.0 52 -3 7.6 -7.4
JIG JPMorgan International Growth ETF 5.9 55 -6 4.7 -10.3
OGIG ALPS O'Shares Global Internet Giants ETF 5.9 48 1 1.5 -13.5
GGME Invesco Next Gen Media and Gaming ETF 5.8 60 -11 4.1 -10.8
KURE KraneShares MSCI All China Health Care Index ETF 5.6 65 -16 2.4 -12.6
IVRS iShares Future Metaverse Tech and Communications ETF 5.4 47 2 2.5 -12.5
KGRN KraneShares MSCI China Clean Technology Index ETF 5.3 79 -30 0.3 -14.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.2 65 -16 7.9 -7.1
METV Roundhill Ball Metaverse ETF 5.1 59 -10 7.4 -7.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.0 30 19 7.7 -7.3
GSIB Themes Global Systemically Important Banks ETF 4.9 35 14 8.9 -6.1
ANEW ProShares MSCI Transformational Changes ETF 4.9 45 4 6.1 -8.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.8 67 -18 13.5 -1.5
VYMI Vanguard International High Dividend Yield ETF 4.8 17 32 9.4 -5.6
ISHP First Trust Nasdaq Retail ETF 4.7 60 -11 5.3 -9.7
DSTX Distillate International Fundamental Stability & Value ETF 4.6 55 -6 7.7 -7.3
ACWV iShares MSCI Global Min Vol Factor ETF 4.6 20 29 6.2 -8.8
IQDF FlexShares International Quality Dividend Index Fund 4.5 47 2 8.8 -6.2
TTAI FCF International Quality ETF 4.4 59 -10 7.3 -7.7
EYLD Cambria Emerging Shareholder Yield ETF 4.3 66 -17 12.1 -2.9
IBUY Amplify Online Retail ETF 4.3 65 -16 0.8 -14.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.1 75 -26 3.0 -12.0
AIQ Global X Artificial Intelligence & Technology ETF 4.1 68 -19 3.6 -11.3
FDCF Fidelity Disruptive Communications ETF 4.0 50 -1 2.6 -12.3
IVES Wedbush ETFMG Global Cloud Technology ETF 3.9 68 -19 6.7 -8.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.8 47 2 8.2 -6.8
FID First Trust S&P International Dividend Aristocrats ETF 3.7 60 -11 7.8 -7.2
DINT Davis Select International ETF 3.7 55 -6 7.8 -7.2
DWLD Davis Select Worldwide ETF 3.7 63 -14 7.0 -7.9
UMMA Wahed Dow Jones Islamic World ETF 3.6 65 -16 5.3 -9.6
PGJ Invesco Golden Dragon China ETF 3.6 70 -21 11.5 -3.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.6 72 -23 -0.9 -15.9
XT iShares Exponential Technologies ETF 3.5 46 3 4.9 -10.1
WDIV SPDR S&P Global Dividend ETF 3.5 40 9 9.1 -5.9
IBLC iShares Blockchain and Tech ETF 3.5 47 2 -2.7 -17.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.2 70 -21 13.0 -2.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.1 80 -31 8.8 -6.2
AIVC Amplify Bloomberg AI Value Chain ETF 3.0 59 -10 5.2 -9.8
DGT SPDR Global Dow ETF 2.8 50 -1 6.9 -8.1
WUGI AXS Esoterica NextG Economy ETF 2.8 75 -26 2.3 -12.7
IGRO iShares International Dividend Growth ETF 2.7 15 34 7.2 -7.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.7 20 29 5.6 -9.4
EBIZ Global X E-Commerce ETF 2.6 50 -1 3.7 -11.3
ACWI iShares MSCI ACWI ETF 2.6 32 17 5.4 -9.5
KLMT Invesco MSCI Global Climate 500 ETF 2.6 10 39 5.6 -9.4
EV Mast Global Battery Recycling & Production ETF 2.5 65 -16 10.5 -4.5
GINN Goldman Sachs Innovate Equity ETF 2.5 52 -3 3.6 -11.4
LIT Global X Lithium & Battery Tech ETF 2.5 75 -26 4.3 -10.7
SDG iShares MSCI Global Sustainable Development Goals ETF 2.5 49 0 5.7 -9.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.5 46 3 9.7 -5.3
VT Vanguard Total World Stock ETF 2.4 6 43 5.8 -9.2
ION ProShares S&P Global Core Battery Metals ETF 2.4 58 -9 9.1 -5.9
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -40 4.8 -10.2
CGXU Capital Group International Focus Equity ETF 2.4 54 -5 5.4 -9.6
BUYZ Franklin Disruptive Commerce ETF 2.3 50 -1 2.2 -12.8
BATT Amplify Lithium & Battery Technology ETF 2.3 59 -10 3.3 -11.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.3 9 40 5.6 -9.4
IXG iShares Global Financials ETF 2.3 42 7 6.5 -8.5
DEW WisdomTree Global High Dividend Fund 2.2 58 -9 8.3 -6.7
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -26 5.2 -9.8
FEOE First Eagle Overseas Equity ETF 2.1 79 -30 7.8 -7.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.1 12 37 5.1 -9.9
ONLN ProShares Online Retail ETF 2.0 58 -9 1.8 -13.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.0 57 -8 3.8 -11.2
XNTK SPDR NYSE Technology ETF 2.0 35 14 3.5 -11.5
EMIF iShares Emerging Markets Infrastructure ETF 2.0 60 -11 4.8 -10.1
GSFP Goldman Sachs Future Planet Equity ETF 2.0 75 -26 4.8 -10.2
IPKW Invesco International BuyBack Achievers ETF 2.0 55 -6 12.3 -2.7
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.9 20 29 4.4 -10.6
TEMP JPMorgan Climate Change Solutions ETF 1.9 49 0 5.8 -9.2
TIME Clockwise Core Equity & Innovation ETF 1.9 95 -46 2.8 -12.1
NXTG First Trust Indxx NextG ETF 1.9 70 -21 5.2 -9.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.9 29 20 9.1 -5.9
FDTX Fidelity Disruptive Technology ETF 1.9 50 -1 2.7 -12.3
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 0 6.1 -8.8
GLOF iShares Global Equity Factor ETF 1.8 20 29 6.3 -8.6
OND ProShares On-Demand ETF 1.7 58 -9 0.6 -14.4
CLNR IQ Cleaner Transport ETF 1.6 45 4 6.6 -8.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.6 80 -31 9.3 -5.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -21 7.5 -7.5
GVAL Cambria Global Value ETF 1.5 68 -19 10.3 -4.7
IOO iShares Global 100 ETF 1.5 41 8 4.7 -10.3
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -19 4.9 -10.1
FEGE First Eagle Global Equity ETF 1.4 79 -30 6.8 -8.2
FPXI First Trust International Equity Opportunities ETF 1.4 70 -21 4.1 -10.8
FILL iShares MSCI Global Energy Producers ETF 1.4 39 10 11.7 -3.3
BWEB Bitwise Web3 ETF 1.4 85 -36 -0.2 -15.1
SCHY Schwab International Dividend Equity ETF 1.4 14 35 9.6 -5.4
CARZ First Trust NASDAQ Global Auto Index Fund 1.3 70 -21 4.7 -10.3
KNCT Invesco Next Gen Connectivity ETF 1.3 40 9 4.7 -10.3
APIE ActivePassive International Equity ETF 1.3 45 4 7.4 -7.6
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -13 3.6 -11.4
AGMI Themes Silver Miners ETF 1.3 35 14 4.7 -10.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.3 12 37 7.9 -7.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.3 35 14 4.2 -10.8
EDIV SPDR S&P Emerging Markets Dividend ETF 1.3 49 0 11.7 -3.3
OAIM OneAscent International Equity ETF 1.3 95 -46 5.6 -9.4
CGIE Capital Group International Equity ETF 1.2 54 -5 5.0 -10.0
ICLN iShares Global Clean Energy ETF 1.2 41 8 5.1 -9.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.2 58 -9 4.2 -10.8
EMMF WisdomTree Emerging Markets Multifactor Fund 1.2 48 1 7.3 -7.7
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -10 0.5 -14.5
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -10 6.7 -8.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.1 39 10 -0.9 -15.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 39 7.9 -7.1
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 10 8.8 -6.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.1 42 7 9.5 -5.5
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -19 7.2 -7.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 4 4.0 -11.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.0 60 -11 10.4 -4.6
DMAT Global X Disruptive Materials ETF 1.0 59 -10 7.3 -7.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.9 19 30 5.7 -9.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 10 12.1 -2.9
AIS VistaShares Artificial Intelligence Supercycle ETF 0.9 75 -26 2.8 -12.2
TRFM AAM Transformers ETF 0.9 49 0 1.3 -13.7
IDRV iShares Self-driving EV & Tech ETF 0.9 47 2 1.8 -13.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 3 5.6 -9.4
DFNL Davis Select Financial ETF 0.9 63 -14 7.4 -7.6
IGF iShares Global Infrastructure ETF 0.9 41 8 4.7 -10.3
GII SPDR S&P Global Infrastructure ETF 0.9 40 9 4.7 -10.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.8 85 -36 8.7 -6.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 10 10.7 -4.3
FLHK Franklin FTSE Hong Kong ETF 0.8 9 40 6.7 -8.3
ZSB USCF Sustainable Battery Metals Strategy Fund 0.8 61 -12 7.9 -7.1
INTF iShares International Equity Factor ETF 0.7 15 34 7.5 -7.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 -16 11.9 -3.1
IXC iShares Global Energy ETF 0.7 44 5 10.2 -4.8
CGDG Capital Group Dividend Growers ETF 0.7 47 2 6.2 -8.8
IQRA IQ CBRE Real Assets ETF 0.7 65 -16 5.7 -9.3
VIDI Vident International Equity Strategy ETF 0.6 61 -12 10.6 -4.3
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -11 11.0 -4.0
IXN iShares Global Tech ETF 0.6 41 8 3.5 -11.5
VIGI Vanguard International Dividend Appreciation ETF 0.6 10 39 6.3 -8.7
SMOG VanEck Low Carbon Energy ETF 0.6 61 -12 1.8 -13.2
WWJD Inspire International ETF 0.6 80 -31 7.2 -7.8
CZA Invesco Zacks Mid-Cap ETF 0.6 72 -23 6.6 -8.4
EATZ AdvisorShares Restaurant ETF 0.6 101 -52 7.2 -7.7
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 20 4.6 -10.3
TMFG Motley Fool Global Opportunities ETF 0.6 85 -36 3.9 -11.1
VAMO Cambria Value & Momentum ETF 0.6 61 -12 5.7 -9.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 34 5.9 -9.0
LYLD Cambria Large Cap Shareholder Yield ETF 0.6 59 -10 9.5 -5.5
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 0.6 65 -16 4.7 -10.3
FDLS Inspire Fidelis Multi Factor ETF 0.6 76 -27 5.0 -10.0
CGV Conductor Global Equity Value ETF 0.6 130 -81 8.0 -7.0
UIVM VictoryShares International Value Momentum ETF 0.6 35 14 8.8 -6.2
COPX Global X Copper Miners ETF 0.6 65 -16 6.8 -8.2
GDX VanEck Gold Miners ETF 0.6 51 -2 3.1 -11.9
GNR SPDR S&P Global Natural Resources ETF 0.6 40 9 10.9 -4.1
RING iShares MSCI Global Gold Miners ETF 0.6 39 10 4.0 -10.9
LIMI Themes Lithium & Battery Metal Miners ETF 0.6 35 14 6.7 -8.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.5 65 -16 2.0 -13.0
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -11 4.1 -10.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 45 6.1 -8.9
DTAN Sparkline International Intangible Value ETF 0.5 55 -6 8.5 -6.5
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 -6 7.6 -7.4
ABLG Abacus FCF International Leaders ETF 0.5 59 -10 6.8 -8.1
KOMP SPDR S&P Kensho New Economies Composite ETF 0.5 20 29 2.5 -12.5
QQQ Invesco QQQ Trust Series I 0.5 20 29 4.0 -11.0
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.5 49 0 3.7 -11.3
QQQM Invesco NASDAQ 100 ETF 0.5 15 34 4.0 -10.9
PBD Invesco Global Clean Energy ETF 0.5 75 -26 -0.3 -15.3
FBOT Fidelity Disruptive Automation ETF 0.5 50 -1 3.6 -11.4
IQSI IQ Candriam International Equity ETF 0.4 15 34 6.6 -8.4
HERO Global X Video Games & Esports ETF 0.4 50 -1 3.7 -11.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 2 3.3 -11.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 10 5.6 -9.4
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -10 2.7 -12.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 12 8.2 -6.8
IDOG ALPS International Sector Dividend Dogs ETF 0.4 50 -1 12.0 -3.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 28 3.6 -11.4
SPYA Twin Oak Endure ETF 0.3 80 -31 -2.1 -17.1
GNOM Global X Genomics & Biotechnology ETF 0.3 50 -1 -1.1 -16.1
FYLD Cambria Foreign Shareholder Yield ETF 0.3 59 -10 11.3 -3.7
BOUT Innovator IBD Breakout Opportunities ETF 0.3 81 -32 2.7 -12.3
FFTY Innovator IBD 50 ETF 0.3 80 -31 -2.3 -17.3
JGLO JPMorgan Global Select Equity ETF 0.3 33 16 4.9 -10.0
BLES Inspire Global Hope ETF 0.3 61 -12 6.8 -8.2
SHPP Pacer Industrials and Logistics ETF 0.3 60 -11 8.7 -6.3
MOO VanEck Agribusiness ETF 0.3 53 -4 10.5 -4.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 29 6.8 -8.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 -9 4.6 -10.4
BINV Brandes International ETF 0.3 70 -21 9.3 -5.7
FCLD Fidelity Cloud Computing ETF 0.3 39 10 3.1 -11.9
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 29 4.1 -10.9
HEAL Global X HealthTech ETF 0.2 50 -1 -0.6 -15.6
FDHT Fidelity Digital Health ETF 0.2 39 10 0.9 -14.1
BKIE BNY Mellon International Equity ETF 0.2 4 45 6.9 -8.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 2 5.8 -9.2
PNQI Invesco NASDAQ Internet ETF 0.2 60 -11 3.3 -11.7
CVY Invesco Zacks Multi-Asset Income ETF 0.2 106 -57 12.3 -2.7
VPL Vanguard FTSE Pacific ETF 0.2 7 42 6.7 -8.3
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -61 4.7 -10.3
AQWA Global X Clean Water ETF 0.2 50 -1 5.0 -10.0
DTEC ALPS Disruptive Technologies ETF 0.2 50 -1 3.9 -11.1
EBLU Ecofin Global Water ESG Fund 0.2 40 9 4.3 -10.7
FAN First Trust Global Wind Energy ETF 0.2 60 -11 4.5 -10.4
FRNW Fidelity Clean Energy ETF 0.2 39 10 3.2 -11.8
RNRG Global X Renewable Energy Producers ETF 0.2 66 -17 1.4 -13.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.2 79 -30 4.9 -10.1
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -10 4.8 -10.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 29 6.9 -8.1
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 11 4.5 -10.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -31 13.5 -1.5
AWAY ETFMG Travel Tech ETF 0.1 76 -27 -0.9 -15.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 4 8.7 -6.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 25 7.3 -7.7
SCHF Schwab International Equity ETF 0.1 6 43 7.2 -7.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -9 9.6 -5.4
VEA Vanguard FTSE Developed Markets ETF 0.1 3 46 7.1 -7.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 6.7 -8.3
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 40 7.9 -7.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 24 9.4 -5.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.8 -7.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 38 4.8 -10.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 46 6.9 -8.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 10 6.6 -8.4
EBI Longview Advantage ETF 0.0 35 14 6.5 -8.5

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.6 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 15.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.51
 
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.