KraneShares MSCI All China Index ETF
ALTAR
Score™		 12.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.2x P/Sales
ratio		 1.0x
P/BV
ratio		 0.8x Div.
yield		 2.4%


  • 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) $9
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 3
Wgt avg mkt cap (mns) $173,663
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 October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 0.45 15%
MSCI EAFE 0.86 35%
MSCI Emg. Mkts. 1.07 60%

Technical Indicators
Recent close $22.28
30d moving avg. $21.56
Annualized volatility 29.0%
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 327 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™: 12.7%


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 15.3 +2.6
MCHI iShares MSCI China ETF 58.7 59 -10 16.6 +3.8
GXC SPDR S & P China ETF 55.1 59 -10 15.6 +2.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 48.6 32 17 13.4 +0.7
JCHI JPMorgan Active China ETF 44.6 65 -16 14.2 +1.5
FXI iShares China Large-Cap ETF 44.3 74 -25 16.6 +3.9
MCH Matthews China Active ETF 44.0 79 -30 13.8 +1.1
BKF iShares MSCI BIC ETF 42.8 69 -20 12.9 +0.1
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 37.8 65 -16 6.9 -5.8
AIA iShares Asia 50 ETF 36.3 50 -1 12.6 -0.1
PXH Invesco FTSE RAFI Emerging Markets ETF 32.3 49 0 14.7 +2.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 32.1 20 29 -0.2 -12.9
KWEB KraneShares CSI China Internet ETF 31.6 69 -20 25.6 +12.9
ECON Columbia Emerging Markets Consumer ETF 31.4 49 0 11.6 -1.1
KTEC KraneShares Hang Seng TECH Index ETF 29.7 69 -20 19.7 +7.0
FLAX Franklin FTSE Asia Ex Japan ETF 29.6 19 30 8.4 -4.4
EEMO Invesco S&P Emerging Markets Momentum ETF 29.5 29 20 7.6 -5.1
TCHI iShares MSCI China Multisector Tech ETF 28.5 59 -10 16.7 +3.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 27.6 86 -37 14.2 +1.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 27.3 15 34 7.4 -5.3
EEMA iShares MSCI Emerging Markets Asia ETF 27.1 49 0 9.0 -3.7
GMF SPDR S&P Emerging Asia Pacific ETF 26.8 49 0 9.3 -3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 26.7 66 -17 8.9 -3.9
LDEM iShares ESG MSCI EM Leaders ETF 26.3 17 32 13.8 +1.0
FDNI First Trust Dow Jones International Internet ETF 26.1 65 -16 22.8 +10.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 25.9 45 4 9.6 -3.2
JHEM John Hancock Multifactor Emerging Markets ETF 25.9 49 0 9.3 -3.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 25.4 15 34 9.6 -3.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 25.1 33 16 9.2 -3.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 24.8 36 13 8.9 -3.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 24.7 70 -21 8.4 -4.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 24.6 39 10 15.3 +2.6
BKEM BNY Mellon Emerging Markets Equity ETF 24.6 11 38 9.2 -3.5
NUEM Nuveen ESG Emerging Markets Equity ETF 22.5 36 13 7.2 -5.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 22.3 55 -6 7.1 -5.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 22.2 35 14 16.1 +3.4
VWO Vanguard FTSE Emerging Markets ETF 22.2 7 42 10.1 -2.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 22.0 30 19 9.8 -3.0
SCHE Schwab Emerging Markets Equity ETF 22.0 11 38 10.5 -2.3
ESGE iShares ESG Aware MSCI EM ETF 21.9 25 24 9.3 -3.5
EEM iShares MSCI Emerging Markets ETF 21.5 69 -20 9.4 -3.3
SPEM SPDR Portfolio Emerging Markets ETF 21.4 7 42 10.3 -2.4
MINV Matthews Asia Innovators Active ETF 21.3 79 -30 7.0 -5.7
CHIQ Global X MSCI China Consumer Discretionary ETF 20.7 65 -16 14.3 +1.6
CGRO CoreValues Alpha Greater China Growth ETF 20.7 75 -26 3.6 -9.2
MEM Matthews Emerging Markets Equity Active ETF 20.6 79 -30 7.3 -5.5
FDEM Fidelity Emerging Markets Multifactor ETF 20.5 25 24 11.9 -0.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 19.8 50 -1 10.2 -2.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 19.5 60 -11 10.3 -2.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 19.2 32 17 8.4 -4.4
AVEM Avantis Emerging Markets Equity ETF 19.1 33 16 8.1 -4.6
DFAE Dimensional Emerging Core Equity Market ETF 18.3 35 14 8.6 -4.2
IEMG iShares Core MSCI Emerging Markets ETF 18.3 9 40 9.7 -3.0
EMXF iShares ESG Advanced MSCI EM ETF 18.2 16 33 7.9 -4.8
JADE JPMorgan Active Developing Markets Equity ETF 18.2 65 -16 7.6 -5.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 18.1 41 8 8.2 -4.6
RAYC Rayliant Quantamental China Equity ETF 18.1 80 -31 8.3 -4.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 18.1 30 19 9.0 -3.7
EMGF iShares Emerging Markets Equity Factor ETF 18.0 25 24 10.7 -2.0
DEHP Dimensional Emerging Markets High Profitability ETF 17.7 41 8 6.3 -6.4
EMC Global X Emerging Markets Great Consumer ETF 17.6 75 -26 7.4 -5.3
CQQQ Invesco China Technology ETF 16.9 70 -21 15.4 +2.6
DFEV Dimensional Emerging Markets Value ETF 16.9 43 6 11.9 -0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 16.5 59 -10 8.5 -4.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 16.3 38 11 8.5 -4.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 16.3 45 4 10.1 -2.7
AVSE Avantis Responsible Emerging Markets Equity ETF 16.0 33 16 7.9 -4.9
ROAM Hartford Multifactor Emerging Markets ETF 15.7 44 5 11.1 -1.7
CNYA iShares MSCI China A ETF 15.1 60 -11 7.0 -5.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 14.9 40 9 6.7 -6.1
DEM WisdomTree Emerging Markets High Dividend Fund 14.2 63 -14 12.7 -0.0
SOCL Global X Social Media ETF 12.5 65 -16 11.1 -1.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 11.6 25 24 6.4 -6.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 11.1 95 -46 10.8 -1.9
PATN Pacer Nasdaq International Patent Leaders ETF 10.2 65 -16 5.4 -7.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 9.9 75 -26 3.5 -9.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 9.6 60 -11 7.8 -4.9
ODDS Pacer BlueStar Digital Entertainment ETF 9.5 60 -11 2.8 -10.0
DVYE iShares Emerging Markets Dividend ETF 9.4 49 0 17.8 +5.0
RNEM First Trust Emerging Markets Equity Select ETF 9.1 75 -26 8.4 -4.4
ESPO VanEck Video Gaming and eSports ETF 8.8 56 -7 5.2 -7.5
AVES Avantis Emerging Markets Value ETF 8.1 36 13 10.7 -2.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.0 44 5 10.4 -2.4
WRND IQ Global Equity R&D Leaders ETF 7.6 18 31 7.6 -5.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.5 41 8 7.1 -5.7
BNGE First Trust S-Network Streaming and Gaming ETF 7.5 70 -21 2.8 -10.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.4 18 31 7.2 -5.5
OBOR KraneShares MSCI One Belt One Road Index ETF 7.4 79 -30 7.7 -5.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.3 78 -29 8.9 -3.8
CHAT Roundhill Generative AI & Technology ETF 7.2 75 -26 7.8 -5.0
FEM First Trust Emerging Markets AlphaDEX Fund 7.2 80 -31 11.3 -1.4
RXI iShares Global Consumer Discretionary ETF 7.1 41 8 8.3 -4.5
FCA First Trust China AlphaDEX Fund 7.0 80 -31 8.9 -3.8
VEU Vanguard FTSE All-World ex-US Index Fund 6.8 4 45 7.7 -5.1
ACWX iShares MSCI ACWI ex U.S. ETF 6.7 34 15 7.3 -5.4
CWI SPDR MSCI ACWI ex-US ETF 6.7 30 19 7.5 -5.3
ARVR First Trust Indxx Metaverse ETF 6.6 70 -21 4.1 -8.6
RODE Hartford Multifactor Diversified International ETF 6.6 29 20 10.4 -2.4
MOTI VanEck Morningstar International Moat ETF 6.6 58 -9 10.8 -2.0
IXP iShares Global Comm Services ETF 6.4 42 7 5.8 -7.0
OGIG ALPS O'Shares Global Internet Giants ETF 6.4 48 1 2.3 -10.4
IVRS iShares Future Metaverse Tech and Communications ETF 6.3 47 2 3.2 -9.5
VXUS Vanguard Total International Stock ETF 6.2 5 44 7.6 -5.2
FMET Fidelity Metaverse ETF 6.2 39 10 4.8 -7.9
JIG JPMorgan International Growth ETF 5.9 55 -6 4.7 -8.0
VSGX Vanguard ESG International Stock ETF 5.8 10 39 7.5 -5.3
MOTG VanEck Morningstar Global Wide Moat ETF 5.8 52 -3 8.9 -3.8
GGME Invesco Next Gen Media and Gaming ETF 5.8 60 -11 4.8 -7.9
IXUS iShares Core MSCI Total International Stock ETF 5.8 7 42 7.5 -5.2
KURE KraneShares MSCI All China Health Care Index ETF 5.6 65 -16 2.9 -9.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.5 90 -41 4.8 -7.9
JIVE JPMorgan International Value ETF 5.5 55 -6 10.7 -2.0
DRGN Themes China Generative Artificial Intelligence ETF 5.4 39 10 10.8 -1.9
KGRN KraneShares MSCI China Clean Technology Index ETF 5.3 79 -30 0.4 -12.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.2 65 -16 8.1 -4.7
METV Roundhill Ball Metaverse ETF 5.1 59 -10 9.3 -3.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.9 67 -18 14.7 +1.9
GSIB Themes Global Systemically Important Banks ETF 4.9 35 14 9.0 -3.7
ANEW ProShares MSCI Transformational Changes ETF 4.9 45 4 5.2 -7.5
VYMI Vanguard International High Dividend Yield ETF 4.8 17 32 9.0 -3.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.7 30 19 7.4 -5.3
ISHP First Trust Nasdaq Retail ETF 4.7 60 -11 5.7 -7.1
ACWV iShares MSCI Global Min Vol Factor ETF 4.6 20 29 5.9 -6.8
IQDF FlexShares International Quality Dividend Index Fund 4.5 47 2 8.4 -4.4
TTAI FCF International Quality ETF 4.4 59 -10 7.3 -5.4
GEW Cambria Global EW ETF 4.2 29 20 0.0 -12.7
IBUY Amplify Online Retail ETF 4.2 65 -16 2.7 -10.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.1 80 -31 9.6 -3.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.1 75 -26 2.9 -9.8
FDCF Fidelity Disruptive Communications ETF 4.0 50 -1 4.3 -8.5
IVES Wedbush ETFMG Global Cloud Technology ETF 3.9 68 -19 6.1 -6.6
AIQ Global X Artificial Intelligence & Technology ETF 3.9 68 -19 3.7 -9.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.8 47 2 7.8 -4.9
DINT Davis Select International ETF 3.7 55 -6 7.7 -5.0
DWLD Davis Select Worldwide ETF 3.7 63 -14 7.1 -5.6
DSTX Distillate International Fundamental Stability & Value ETF 3.7 55 -6 7.5 -5.2
PGJ Invesco Golden Dragon China ETF 3.6 70 -21 13.7 +1.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.6 72 -23 -1.3 -14.0
IBLC iShares Blockchain and Tech ETF 3.5 47 2 -1.6 -14.4
XT iShares Exponential Technologies ETF 3.5 46 3 4.6 -8.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.2 70 -21 11.7 -1.1
UMMA Wahed Dow Jones Islamic World ETF 3.1 65 -16 4.8 -8.0
FID First Trust S&P International Dividend Aristocrats ETF 3.0 60 -11 7.5 -5.2
WDIV SPDR S&P Global Dividend ETF 2.8 40 9 8.8 -3.9
EYLD Cambria Emerging Shareholder Yield ETF 2.8 66 -17 11.6 -1.1
WUGI AXS Esoterica NextG Economy ETF 2.8 75 -26 2.3 -10.4
BATT Amplify Lithium & Battery Technology ETF 2.8 59 -10 2.8 -10.0
KLMT Invesco MSCI Global Climate 500 ETF 2.6 10 39 5.6 -7.1
IGRO iShares International Dividend Growth ETF 2.6 15 34 7.0 -5.7
EBIZ Global X E-Commerce ETF 2.6 50 -1 4.1 -8.6
HUMN Roundhill Humanoid Robotics ETF 2.5 75 -26 1.9 -10.8
EV Mast Global Battery Recycling & Production ETF 2.5 65 -16 6.8 -6.0
GINN Goldman Sachs Innovate Equity ETF 2.5 52 -3 3.7 -9.1
SDG iShares MSCI Global Sustainable Development Goals ETF 2.5 49 0 5.0 -7.8
LIT Global X Lithium & Battery Tech ETF 2.5 75 -26 4.5 -8.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.5 46 3 9.4 -3.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.5 20 29 5.5 -7.2
ION ProShares S&P Global Core Battery Metals ETF 2.4 58 -9 7.1 -5.7
CGXU Capital Group International Focus Equity ETF 2.4 54 -5 5.5 -7.3
IXG iShares Global Financials ETF 2.4 42 7 6.6 -6.1
ACWI iShares MSCI ACWI ETF 2.4 32 17 5.4 -7.4
BUYZ Franklin Disruptive Commerce ETF 2.3 50 -1 2.6 -10.1
VT Vanguard Total World Stock ETF 2.3 6 43 5.7 -7.0
DEW WisdomTree Global High Dividend Fund 2.2 58 -9 8.2 -4.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.2 29 20 8.9 -3.9
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -26 4.9 -7.9
DGT State Street SPDR Global Dow ETF 2.2 50 -1 6.6 -6.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.1 9 40 5.6 -7.2
GPT Intelligent Alpha Atlas ETF 2.1 69 -20 5.6 -7.1
ONLN ProShares Online Retail ETF 2.0 58 -9 2.4 -10.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.0 57 -8 4.1 -8.7
XNTK State Street SPDR NYSE Technology ETF 2.0 35 14 3.7 -9.1
CDIG City Different Investments Global Equity ETF 2.0 75 -26 0.0 -12.7
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -40 5.1 -7.7
TIIV AAM Todd International Intrinsic Value ETF 2.0 54 -5 11.2 -1.5
GSFP Goldman Sachs Future Planet Equity ETF 2.0 75 -26 4.2 -8.5
IPKW Invesco International BuyBack Achievers ETF 2.0 55 -6 8.8 -4.0
TEMP JPMorgan Climate Change Solutions ETF 1.9 49 0 5.6 -7.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -31 8.5 -4.2
FDTX Fidelity Disruptive Technology ETF 1.9 50 -1 2.6 -10.1
GLOF iShares Global Equity Factor ETF 1.8 20 29 6.7 -6.1
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 0 6.0 -6.8
FEOE First Eagle Overseas Equity ETF 1.8 79 -30 7.0 -5.8
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.8 20 29 4.8 -7.9
AIVC Amplify Bloomberg AI Value Chain ETF 1.8 59 -10 5.8 -6.9
EMIF iShares Emerging Markets Infrastructure ETF 1.8 60 -11 4.5 -8.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 37 5.1 -7.6
OND ProShares On-Demand ETF 1.7 58 -9 -0.5 -13.2
CLNR IQ Cleaner Transport ETF 1.6 45 4 5.0 -7.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -21 7.6 -5.2
NXTG First Trust Indxx NextG ETF 1.5 70 -21 5.0 -7.8
GVAL Cambria Global Value ETF 1.5 68 -19 10.4 -2.4
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -19 4.7 -8.0
FPXI First Trust International Equity Opportunities ETF 1.4 70 -21 4.3 -8.4
SCHY Schwab International Dividend Equity ETF 1.4 14 35 9.2 -3.5
BWEB Bitwise Web3 ETF 1.4 85 -36 0.0 -12.7
ICLN iShares Global Clean Energy ETF 1.4 41 8 3.3 -9.5
IOO iShares Global 100 ETF 1.3 41 8 4.5 -8.2
KNCT Invesco Next Gen Connectivity ETF 1.3 40 9 4.6 -8.2
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -13 3.4 -9.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.3 35 14 4.2 -8.6
EDIV SPDR S&P Emerging Markets Dividend ETF 1.3 49 0 9.3 -3.4
AGMI Themes Silver Miners ETF 1.3 35 14 3.7 -9.0
OAIM OneAscent International Equity ETF 1.3 95 -46 5.4 -7.3
CARZ First Trust NASDAQ Global Auto Index Fund 1.2 70 -21 4.2 -8.5
FEGE First Eagle Global Equity ETF 1.2 79 -30 6.5 -6.3
CGIE Capital Group International Equity ETF 1.2 54 -5 4.9 -7.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 37 8.3 -4.5
EMMF WisdomTree Emerging Markets Multifactor Fund 1.2 48 1 7.0 -5.7
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -10 3.3 -9.4
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -10 7.0 -5.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.1 39 10 -1.3 -14.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 39 6.7 -6.0
APIE ActivePassive International Equity ETF 1.1 45 4 7.1 -5.6
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 10 9.1 -3.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.1 42 7 9.6 -3.2
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -19 6.6 -6.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 4 1.4 -11.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.0 60 -11 10.6 -2.1
DMAT Global X Disruptive Materials ETF 1.0 59 -10 6.7 -6.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.9 19 30 5.5 -7.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 10 10.6 -2.2
AIS VistaShares Artificial Intelligence Supercycle ETF 0.9 75 -26 2.6 -10.1
IDRV iShares Self-driving EV & Tech ETF 0.9 47 2 1.3 -11.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 3 5.6 -7.2
GII SPDR S&P Global Infrastructure ETF 0.9 40 9 4.6 -8.2
IGF iShares Global Infrastructure ETF 0.9 41 8 4.6 -8.2
DFNL Davis Select Financial ETF 0.9 63 -14 7.4 -5.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.9 58 -9 4.6 -8.2
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.8 85 -36 6.1 -6.6
FLHK Franklin FTSE Hong Kong ETF 0.8 9 40 4.3 -8.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.8 61 -12 5.2 -7.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 10 9.0 -3.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 -16 10.2 -2.6
IXC iShares Global Energy ETF 0.7 44 5 9.8 -2.9
CGDG Capital Group Dividend Growers ETF 0.7 47 2 6.0 -6.7
IQRA IQ CBRE Real Assets ETF 0.7 65 -16 5.7 -7.1
SMOG VanEck Low Carbon Energy ETF 0.6 61 -12 1.6 -11.2
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -11 10.3 -2.5
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -11 4.4 -8.4
WWJD Inspire International ETF 0.6 80 -31 7.1 -5.7
VIGI Vanguard International Dividend Appreciation ETF 0.6 10 39 6.4 -6.4
VIDI Vident International Equity Strategy ETF 0.6 61 -12 10.4 -2.4
CZA Invesco Zacks Mid-Cap ETF 0.6 72 -23 7.4 -5.4
EATZ AdvisorShares Restaurant ETF 0.6 101 -52 7.8 -4.9
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 20 5.0 -7.8
TMFG Motley Fool Global Opportunities ETF 0.6 85 -36 4.1 -8.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 34 6.1 -6.7
LYLD Cambria Large Cap Shareholder Yield ETF 0.6 59 -10 9.8 -3.0
FDLS Inspire Fidelis Multi Factor ETF 0.6 76 -27 4.6 -8.1
CGV Conductor Global Equity Value ETF 0.6 130 -81 7.8 -5.0
UIVM VictoryShares International Value Momentum ETF 0.6 35 14 8.3 -4.5
INTF iShares International Equity Factor ETF 0.6 15 34 7.3 -5.5
COPX Global X Copper Miners ETF 0.6 65 -16 5.3 -7.4
GNR SPDR S&P Global Natural Resources ETF 0.6 40 9 10.1 -2.6
RING iShares MSCI Global Gold Miners ETF 0.6 39 10 3.6 -9.1
LIMI Themes Lithium & Battery Metal Miners ETF 0.6 35 14 3.7 -9.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 45 6.0 -6.7
DTAN Sparkline International Intangible Value ETF 0.5 55 -6 8.0 -4.7
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 -6 6.8 -6.0
QQQ Invesco QQQ Trust Series I 0.5 20 29 4.1 -8.6
QQQM Invesco NASDAQ 100 ETF 0.5 15 34 4.2 -8.6
IXN iShares Global Tech ETF 0.5 41 8 3.5 -9.2
PBD Invesco Global Clean Energy ETF 0.5 75 -26 0.9 -11.8
FBOT Fidelity Disruptive Automation ETF 0.5 50 -1 3.5 -9.3
IQSI IQ Candriam International Equity ETF 0.4 15 34 6.2 -6.6
HERO Global X Video Games & Esports ETF 0.4 50 -1 4.5 -8.3
NERD Roundhill Video Games ETF 0.4 50 -1 6.5 -6.2
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 2 3.6 -9.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 10 5.7 -7.1
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -10 2.9 -9.8
YNOT Horizon Digital Frontier ETF 0.4 75 -26 3.1 -9.6
TRFM AAM Transformers ETF 0.4 49 0 1.3 -11.4
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.4 49 0 3.8 -8.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 12 7.8 -4.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -16 2.0 -10.7
IDOG ALPS International Sector Dividend Dogs ETF 0.4 50 -1 11.4 -1.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 28 3.7 -9.0
GNOM Global X Genomics & Biotechnology ETF 0.3 50 -1 -2.7 -15.4
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.3 20 29 2.9 -9.8
JGLO JPMorgan Global Select Equity ETF 0.3 33 16 5.0 -7.8
ABLG Abacus FCF International Leaders ETF 0.3 59 -10 6.5 -6.2
SPYA Twin Oak Endure ETF 0.3 80 -31 -0.4 -13.2
BLES Inspire Global Hope ETF 0.3 61 -12 6.8 -5.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 -11 8.1 -4.6
MOO VanEck Agribusiness ETF 0.3 53 -4 10.6 -2.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 29 6.5 -6.2
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 29 4.2 -8.6
BINV Brandes International ETF 0.3 70 -21 9.0 -3.7
FCLD Fidelity Cloud Computing ETF 0.3 39 10 3.5 -9.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 -9 4.4 -8.3
HEAL Global X HealthTech ETF 0.2 50 -1 -0.6 -13.4
FDHT Fidelity Digital Health ETF 0.2 39 10 1.5 -11.2
BKIE BNY Mellon International Equity ETF 0.2 4 45 6.6 -6.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 2 5.7 -7.1
PNQI Invesco NASDAQ Internet ETF 0.2 60 -11 3.7 -9.1
POW VistaShares Electrification Supercycle ETF 0.2 75 -26 3.6 -9.1
CVY Invesco Zacks Multi-Asset Income ETF 0.2 106 -57 11.8 -1.0
VPL Vanguard FTSE Pacific ETF 0.2 7 42 6.4 -6.4
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -61 4.7 -8.0
AQWA Global X Clean Water ETF 0.2 50 -1 5.1 -7.6
DTEC ALPS Disruptive Technologies ETF 0.2 50 -1 3.8 -9.0
EBLU Ecofin Global Water ESG Fund 0.2 40 9 4.4 -8.3
FAN First Trust Global Wind Energy ETF 0.2 60 -11 4.1 -8.6
FRNW Fidelity Clean Energy ETF 0.2 39 10 2.3 -10.4
RNRG Global X Renewable Energy Producers ETF 0.2 66 -17 5.2 -7.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.2 79 -30 5.0 -7.8
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -10 3.9 -8.8
TBLU Tortoise Global Water ESG ETF 0.2 40 9 4.6 -8.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 29 6.6 -6.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 11 4.5 -8.2
AWAY ETFMG Travel Tech ETF 0.1 76 -27 -0.1 -12.8
ECNS iShares MSCI China Small-Cap ETF 0.1 59 -10 9.1 -3.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 6.8 -5.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 25 7.2 -5.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 4 8.3 -4.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -9 9.4 -3.3
SCHF Schwab International Equity ETF 0.1 6 43 6.8 -5.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -21 7.5 -5.3
VEA Vanguard FTSE Developed Markets ETF 0.1 3 46 6.8 -5.9
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 40 7.6 -5.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 24 8.9 -3.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.5 -5.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 38 4.9 -7.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 46 6.6 -6.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 10 6.3 -6.4
EBI Longview Advantage ETF 0.0 35 14 6.6 -6.1

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 10.3 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 12.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.54
 
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.