KraneShares Electric Vehicles & Future Mobility Index ETF
ALTAR
Score™
8.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
16.6x P/Sales
ratio
0.7x
P/BV
ratio
1.3x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The KraneShares Electric Vehicles and Future Mobility Index ETF is an exchange-traded fund incorporated in the USA. It seeks to measure the performance of Solactive Electric Vehicles and Future Mobility Index, which includes issuers engaged in the electri

FUND BASICS
Category Global Equities
Fund Sponsor KraneShares
Website kraneshares.com
Inception date Jan 18, 2018
Assets (mns) $17
Currency USD
Expense ratio 70 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 58
Wgt avg mkt cap (mns) $57,295
Large cap (>$10bn) 59.5%
Mid cap ($2-10bn) 22.7%
Small cap (<$2bn) 17.8%
Developed mkts 79.1%
Emerging mkts 20.9%

TOP TEN HOLDINGS
NVIDIA CORP 4.3 %
ADVANCED MICRO DEVICES 3.9 %
BAYERISCHE MOTOREN WERKE AG 3.7 %
TEXAS INSTRUMENTS INC 3.7 %
TESLA MOTORS INC 3.7 %
DAIMLER AG-REGISTERED SHARES 3.6 %
ANALOG DEVICES INC 3.6 %
VOLKSWAGEN AG-PFD 3.5 %
ALPHABET INC. CLASS A 3.5 %
SAIC MOTOR CORPORATION LIMITED CLA 2.9 %
Total 36.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 41.7 %
CHINA 14.6 %
GERMANY 13.9 %
JAPAN 3.8 %
SOUTH KOREA 3.1 %
BRITAIN 2.7 %
CANADA 2.4 %
SWITZERLAND 2.1 %
NETHERLANDS 2.0 %
IRELAND 1.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.9% -7.5% -- -- -10.5%

Market Correlations
versus... Beta R-squared
S&P500 1.23 78%
MSCI EAFE 1.22 71%
MSCI Emg. Mkts. 1.08 74%

Technical Indicators
Recent close $19.27
30d moving avg. $20.28
Annualized volatility 24.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 12
Turnover 1.3%
Bid/Ask (% of price) 2.81%
ADV underlying (mns) $28,497

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the KraneShares Electric Vehicles & Future Mobility Index ETF ETF based on the alternatives' overlap in portfolio holdings with KARS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KARS Expense: 70 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KARS
Ticker Fund
Name
Overlap1
vs KARS
(%)
Expense
ratio
(bp)
Savings
vs KARS
(bp)
ALTAR
Score™
(%)
ALTAR
vs KARS
(%)
DRIV Global X Autonomous & Electric Vehicles ETF 34.2 68 2 8.0 -0.2
EKAR Innovation Shares NextGen Vehicles & Technology ETF 30.1 65 5 12.3 +4.1
IDRV iShares Self-driving EV & Tech ETF 28.6 47 23 9.7 +1.4
MOTO SmartETFs Smart Transportation & Technology ETF 23.7 68 2 11.4 +3.1
SOXX iShares PHLX Semiconductor ETF 22.8 46 24 6.5 -1.7
XSD SPDR S&P Semiconductor ETF 22.6 35 35 5.1 -3.1
XNTK SPDR Morgan Stanley Technology ETF 22.5 35 35 5.0 -3.2
SMH VanEck Vectors Semiconductor ETF 21.7 35 35 6.8 -1.4
XKST SPDR Kensho Smart Mobility ETF 21.1 45 25 5.0 -3.3
PSI Invesco Dynamic Semiconductors ETF 21.0 58 12 6.2 -2.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 20.7 57 13 5.8 -2.4
FTXL First Trust Nasdaq Semiconductor ETF 17.9 60 10 6.4 -1.8
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 17.7 50 20 6.1 -2.2
LOUP Innovator Loup Frontier Tech ETF 17.6 70 0 4.9 -3.4
CARZ First Trust NASDAQ Global Auto Index Fund 17.6 70 0 20.0 +11.7
GDAT Goldman Sachs Motif Data-Driven World Etf 13.7 50 20 6.5 -1.7
AIQ Global X Future Analytics Tech ETF 12.5 68 2 5.4 -2.8
QTUM Defiance Quantum ETF 11.7 40 30 6.8 -1.4
NULG Nuveen ESG Large-Cap Growth ETF 11.1 35 35 4.5 -3.8
TECB iShares US Tech Breakthrough Multisector ETF 11.1 40 30 5.1 -3.1
MTUM iShares Edge MSCI USA Momentum Factor ETF 11.0 15 55 5.8 -2.4
TDV ProShares S&P Technology Dividend Aristocrats ETF 11.0 45 25 5.8 -2.4
SPHB Invesco S&P 500 High Beta ETF 10.9 25 45 10.5 +2.3
IQM Franklin Intelligent Machines ETF 10.8 50 20 3.2 -5.0
QYLD Global X NASDAQ 100 Covered Call ETF 10.5 60 10 4.7 -3.6
IRBO iShares Robotics & Artificial Intelligence ETF 10.4 47 23 3.7 -4.5
BIBL Inspire ETF 10.4 35 35 5.8 -2.4
ARKQ Ark Industrial Innovation ETF 10.3 75 -5 1.4 -6.8
NUSI Nationwide Risk-Managed Income ETF 10.3 68 2 4.6 -3.6
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 10.3 60 10 2.2 -6.1
PBW Invesco WilderHill Clean Energy ETF 10.2 70 0 -5.9 -14.1
SNSR Global X Internet of Things Thematic ETF 10.2 68 2 6.2 -2.0
LIT Global X Lithium & Battery Tech ETF 10.0 75 -5 5.2 -3.1
QQQ Invesco QQQ Trust 10.0 20 50 5.1 -3.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 10.0 60 10 5.2 -3.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 10.0 35 35 5.5 -2.8
KOMP SPDR Kensho New Economies Composite ETF 10.0 20 50 2.5 -5.7
IYW iShares U.S. Technology ETF 9.7 42 28 5.3 -3.0
DAX Global X DAX Germany ETF 9.5 20 50 10.0 +1.8
RYT Invesco S&P 500 Equal Weight Technology ETF 9.5 40 30 7.7 -0.6
BLCN Reality Shares Nasdaq NextGen Economy ETF 9.1 68 2 5.8 -2.4
DXGE WisdomTree Germany Hedged Equity Fund 8.9 48 22 11.2 +3.0
EWG iShares MSCI Germany ETF 8.9 49 21 9.3 +1.1
LEGR First Trust Index Digital Transaction & Process Technology E 8.9 65 5 8.7 +0.5
IGM iShares North American Tech ETF 8.8 46 24 5.1 -3.1
QDEU SPDR MSCI Germany Quality Mix ETF 8.8 14 56 9.8 +1.6
DBGR Xtrackers MSCI Germany Hedged Equity ETF 8.6 45 25 9.4 +1.2
PBD Invesco Global Clean Energy ETF 8.4 75 -5 2.9 -5.3
JHMT John Hancock Multifactor Technology ETF 8.3 40 30 6.3 -1.9
FLGR Franklin FTSE Germany ETF 8.3 9 61 9.5 +1.3
ESPO VanEck Vectors Video Gaming & eSports ETF 8.2 55 15 3.5 -4.8
LRNZ TrueMark Technology, AI & Deep Learning ETF 8.2 68 2 1.4 -6.8
BLOK Amplify Transformational Data Sharing ETF 8.0 70 0 4.7 -3.6
FIVG Defiance Next Gen Connectivity ETF 8.0 30 40 5.3 -3.0
PEXL Pacer US Export Leaders ETF 8.0 60 10 8.4 +0.2
FONE First Trust Indxx NextG ETF 7.9 70 0 7.0 -1.2
ENTR Entrepreneur 30 Fund 7.8 49 21 3.2 -5.0
PTF Invesco DWA Technology Momentum ETF 7.8 60 10 2.0 -6.2
IETC iShares Evolved U.S. Technology ETF 7.6 18 52 5.0 -3.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 7.6 21 49 4.1 -4.1
NULC Nuveen ESG Large-Cap ETF 7.5 20 50 6.5 -1.7
RDVY First Trust Rising Dividend Achievers ETF 7.5 50 20 9.5 +1.2
MGK Vanguard Mega Cap Growth ETF 7.3 7 63 5.3 -2.9
JKE iShares Morningstar Large-Cap Growth ETF 7.2 25 45 4.4 -3.9
IFLY ETFMG Drone Economy Strategy ETF 7.2 75 -5 1.6 -6.6
PWB Invesco Dynamic Large Cap Growth ETF 7.0 55 15 4.3 -4.0
VUG Vanguard Growth Index Fund 6.8 4 66 5.2 -3.0
XLK Technology Select Sector SPDR Fund 6.8 13 57 5.9 -2.3
XT iShares Exponential Technologies ETF 6.7 47 23 6.5 -1.7
FGM First Trust Germany AlphaDEX Fund 6.7 80 -10 9.9 +1.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 6.7 70 0 5.8 -2.4
LRGE ClearBridge Large Cap Growth ESG ETF 6.6 60 10 5.0 -3.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 6.6 50 20 7.2 -1.0
DSI iShares MSCI KLD 400 Social ETF 6.6 25 45 6.4 -1.8
IWY iShares Russell Top 200 Growth ETF 6.4 20 50 5.2 -3.0
VEGN US Vegan Climate ETF 6.4 60 10 6.6 -1.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 6.3 49 21 5.1 -3.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 6.2 49 21 4.7 -3.6
TTAC TrimTabs Float Shrink ETF 6.1 59 11 4.9 -3.3
FMK First Trust Mega Cap AlphaDEX Fund 6.1 70 0 6.7 -1.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 6.1 60 10 5.6 -2.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 6.0 65 5 2.4 -5.8
FTEC Fidelity MSCI Information Technology Index ETF 5.9 8 62 5.8 -2.4
SUSL iShares ESG MSCI USA Leaders ETF 5.9 10 60 6.6 -1.7
VGT Vanguard Information Technology Index Fund 5.9 10 60 5.8 -2.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 5.9 10 60 6.6 -1.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 5.9 30 40 7.5 -0.7
AIEQ AI Powered Equity ETF 5.8 87 -17 4.7 -3.5
IXN iShares Global Tech ETF 5.7 46 24 5.8 -2.4
KOIN Innovation Shares NextGen Protocol ETF 5.7 95 -25 5.4 -2.8
FDMO Fidelity Momentum Factor ETF 5.7 29 41 5.2 -3.0
GVIP Goldman Sachs Hedge Industry VIP ETF 5.6 45 25 6.2 -2.0
HEDJ WisdomTree Europe Hedged Equity Fund 5.6 58 12 9.5 +1.3
VOOG Vanguard S&P 500 Growth ETF 5.6 10 60 5.4 -2.8
IWF iShares Russell 1000 Growth ETF 5.6 19 51 5.3 -2.9
SPYG SPDR Portfolio S&P 500 Growth ETF 5.6 4 66 5.5 -2.8
IVW iShares S&P 500 Growth ETF 5.6 18 52 5.3 -2.9
VONG Vanguard Russell 1000 Growth Index Fund 5.6 8 62 5.4 -2.8
SOCL Global X Social Media ETF 5.6 65 5 3.4 -4.9
FQAL Fidelity Quality Factor ETF 5.5 29 41 6.7 -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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
KraneShares Electric Vehicles & Future Mobility 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 11.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.49
 
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.