KraneShares Electric Vehicles & Future Mobility Index ETF
ALTAR
Score™
7.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
28.2x P/Sales
ratio
0.9x
P/BV
ratio
0.9x Div.
yield
1.4%


  • 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) $21
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 57
Wgt avg mkt cap (mns) $68,397
Large cap (>$10bn) 59.7%
Mid cap ($2-10bn) 21.6%
Small cap (<$2bn) 18.7%
Developed mkts 75.9%
Emerging mkts 24.1%

TOP TEN HOLDINGS
BAIDU INC - SPON ADR 3.6 %
NVIDIA CORP 3.6 %
ALPHABET INC. CLASS A 3.5 %
ANALOG DEVICES INC 3.5 %
DAIMLER AG-REGISTERED SHARES 3.5 %
BAYERISCHE MOTOREN WERKE AG 3.5 %
TEXAS INSTRUMENTS INC 3.4 %
TOYOTA MOTOR CORP 3.3 %
ADVANCED MICRO DEVICES 3.3 %
HONDA MOTOR CO LTD 3.2 %
Total 34.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 37.7 %
CHINA 16.8 %
GERMANY 10.5 %
JAPAN 8.9 %
SOUTH KOREA 3.9 %
HONG KONG 3.1 %
CANADA 2.6 %
SWITZERLAND 2.1 %
NETHERLANDS 2.0 %
IRELAND 2.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
7.2% 26.5% -- -- 2.2%

Market Correlations
versus... Beta R-squared
S&P500 1.26 81%
MSCI EAFE 1.32 75%
MSCI Emg. Mkts. 1.10 78%

Technical Indicators
Recent close $25.70
30d moving avg. $24.75
Annualized volatility 26.0%
Short interest (ETF) 0.9%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 9
Turnover 1.1%
Bid/Ask (% of price) 1.42%
ADV underlying (mns) $23,434

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™: 7.9%


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
(%)
EKAR Innovation Shares NextGen Vehicles & Technology ETF 36.0 95 -25 8.6 +0.7
DRIV Global X Autonomous & Electric Vehicles ETF 33.5 68 2 5.6 -2.3
IDRV iShares Self-driving EV & Tech ETF 30.2 47 23 7.2 -0.8
MOTO SmartETFs Smart Transportation & Technology ETF 23.1 68 2 7.9 -0.1
SOXX iShares PHLX Semiconductor ETF 20.2 46 24 5.4 -2.5
CARZ First Trust NASDAQ Global Auto Index Fund 20.0 70 0 15.2 +7.3
SMH VanEck Vectors Semiconductor ETF 19.4 35 35 5.6 -2.4
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 19.2 57 13 5.0 -3.0
XSD SPDR S&P Semiconductor ETF 18.5 35 35 4.1 -3.8
XNTK SPDR NYSE Technology ETF 17.5 35 35 3.7 -4.2
LOUP Innovator Loup Frontier Tech ETF 17.2 70 0 4.0 -3.9
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 15.6 50 20 4.1 -3.9
FTXL First Trust Nasdaq Semiconductor ETF 14.7 60 10 5.0 -2.9
XKST SPDR Kensho Smart Mobility ETF 14.6 45 25 5.3 -2.6
PSI Invesco Dynamic Semiconductors ETF 13.5 58 12 4.9 -3.1
GDAT Goldman Sachs Motif Data-Driven World Etf 12.7 50 20 5.0 -2.9
AIQ Global X Future Analytics Tech ETF 11.6 68 2 3.9 -4.0
EQRR ProShares Equities for Rising Rates ETF 11.2 35 35 6.1 -1.8
IYW iShares U.S. Technology ETF 10.9 42 28 4.0 -3.9
TECB iShares US Tech Breakthrough Multisector ETF 10.7 40 30 4.0 -3.9
TDV ProShares S&P Technology Dividend Aristocrats ETF 10.7 45 25 4.8 -3.2
FIDI Fidelity International High Dividend ETF 10.5 39 31 11.0 +3.1
FIVG Defiance Next Gen Connectivity ETF 10.5 30 40 4.9 -3.1
NXTG First Trust Indxx NextG ETF 10.3 70 0 6.2 -1.7
SNSR Global X Internet of Things Thematic ETF 10.1 68 2 4.6 -3.4
LEGR First Trust Index Digital Transaction & Process Technology E 9.8 65 5 7.3 -0.6
QTUM Defiance Quantum ETF 9.8 40 30 5.8 -2.2
PBW Invesco WilderHill Clean Energy ETF 9.3 70 0 -4.2 -12.1
NUSI Nationwide Risk-Managed Income ETF 9.0 68 2 3.5 -4.5
QYLD Global X NASDAQ 100 Covered Call ETF 9.0 60 10 3.5 -4.4
DXGE WisdomTree Germany Hedged Equity Fund 8.9 48 22 8.8 +0.8
QQQ Invesco QQQ Trust 8.9 20 50 3.9 -4.1
IRBO iShares Robotics & Artificial Intelligence ETF 8.7 47 23 2.7 -5.2
IGM iShares Expanded Tech Sector ETF 8.7 46 24 3.8 -4.1
BLCN Reality Shares Nasdaq NextGen Economy ETF 8.7 68 2 4.2 -3.8
JHMT John Hancock Multifactor Technology ETF 8.6 40 30 5.0 -3.0
RYT Invesco S&P 500 Equal Weight Technology ETF 8.4 40 30 6.7 -1.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 8.4 59 11 4.2 -3.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 8.4 35 35 4.4 -3.5
LIT Global X Lithium & Battery Tech ETF 8.3 75 -5 3.4 -4.5
QMOM Alpha Architect U.S. Quantitative Momentum ETF 8.2 49 21 2.2 -5.7
PBD Invesco Global Clean Energy ETF 7.9 75 -5 1.8 -6.2
THNQ ROBO Global Artificial Intelligence ETF 7.9 68 2 1.9 -6.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 7.8 60 10 0.4 -7.5
PEXL Pacer US Export Leaders ETF 7.8 60 10 6.1 -1.9
BLOK Amplify Transformational Data Sharing ETF 7.7 70 0 4.8 -3.1
IETC iShares Evolved U.S. Technology ETF 7.6 18 52 3.8 -4.1
SFYF SoFi 50 ETF 7.4 29 41 5.4 -2.6
JKE iShares Morningstar Large-Cap Growth ETF 7.3 25 45 2.9 -5.1
IQM Franklin Intelligent Machines ETF 7.3 50 20 2.1 -5.9
MTUM iShares Edge MSCI USA Momentum Factor ETF 7.2 15 55 4.2 -3.7
DAX Global X DAX Germany ETF 7.1 21 49 7.7 -0.2
VEGN US Vegan Climate ETF 7.1 60 10 5.2 -2.7
XT iShares Exponential Technologies ETF 7.1 47 23 5.1 -2.8
SOCL Global X Social Media ETF 7.1 65 5 2.0 -6.0
ENTR Entrepreneur 30 Fund 7.1 49 21 2.6 -5.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 7.0 15 55 6.3 -1.7
XLK Technology Select Sector SPDR Fund 7.0 13 57 4.8 -3.2
ESPO VanEck Vectors Video Gaming & eSports ETF 6.8 55 15 2.7 -5.2
LRNZ TrueMark Technology, AI & Deep Learning ETF 6.8 68 2 0.8 -7.1
PWB Invesco Dynamic Large Cap Growth ETF 6.8 55 15 3.4 -4.5
FFTY Innovator IBD 50 ETF 6.8 80 -10 3.5 -4.4
RXI iShares Global Consumer Discretionary ETF 6.8 46 24 5.3 -2.6
QDEU SPDR MSCI Germany Quality Mix ETF 6.7 14 56 7.6 -0.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 6.7 49 21 4.1 -3.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 6.7 21 49 3.0 -5.0
HEDJ WisdomTree Europe Hedged Equity Fund 6.7 58 12 6.9 -1.0
EWG iShares MSCI Germany ETF 6.6 49 21 7.0 -1.0
MGK Vanguard Mega Cap Growth ETF 6.6 7 63 4.2 -3.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 6.6 50 20 5.9 -2.1
SPHQ Invesco S&P 500 Quality ETF 6.5 15 55 4.7 -3.3
DBGR Xtrackers MSCI Germany Hedged Equity ETF 6.5 45 25 7.0 -0.9
FLGR Franklin FTSE Germany ETF 6.4 9 61 7.4 -0.6
FTEC Fidelity MSCI Information Technology Index ETF 6.4 8 62 4.6 -3.4
DSI iShares MSCI KLD 400 Social ETF 6.4 25 45 5.2 -2.8
FDMO Fidelity Momentum Factor ETF 6.4 29 41 3.9 -4.1
NULG Nuveen ESG Large-Cap Growth ETF 6.4 35 35 3.6 -4.3
VGT Vanguard Information Technology Index Fund 6.3 10 60 4.6 -3.4
IXN iShares Global Tech ETF 6.1 46 24 4.5 -3.4
DXJ WisdomTree Japan Hedged Equity Fund 6.1 48 22 8.4 +0.5
EWJV iShares MSCI Japan Value ETF 6.1 15 55 10.4 +2.5
RDVY First Trust Rising Dividend Achievers ETF 6.1 50 20 8.0 +0.1
VUG Vanguard Growth Index Fund 6.1 4 66 4.1 -3.9
BIBL Inspire ETF 6.0 35 35 4.9 -3.1
FQAL Fidelity Quality Factor ETF 5.9 29 41 5.5 -2.4
IOO iShares Global 100 ETF 5.9 40 30 4.7 -3.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 5.9 60 10 4.4 -3.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 5.9 10 60 5.3 -2.6
SUSL iShares ESG MSCI USA Leaders ETF 5.8 10 60 5.3 -2.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 5.8 75 -5 3.8 -4.1
SPYG SPDR Portfolio S&P 500 Growth ETF 5.7 4 66 4.4 -3.6
IVW iShares S&P 500 Growth ETF 5.7 18 52 4.2 -3.7
VOOG Vanguard S&P 500 Growth ETF 5.7 10 60 4.3 -3.6
KOMP SPDR Kensho New Economies Composite ETF 5.7 20 50 2.6 -5.4
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 5.6 59 11 3.7 -4.3
IWY iShares Russell Top 200 Growth ETF 5.6 20 50 4.2 -3.8
NULC Nuveen ESG Large-Cap ETF 5.5 20 50 5.0 -2.9
IUSG iShares Core S&P US Growth ETF 5.5 4 66 4.4 -3.6
KOIN Innovation Shares NextGen Protocol ETF 5.5 95 -25 4.4 -3.5
SUSA iShares MSCI USA ESG Select ETF 5.5 25 45 4.8 -3.1

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

  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 7.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 CATEGORY
AVERAGE
1.50
 
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.