KraneShares SSE STAR Market 50 Index ETF
|
- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
KSTR tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. |
Category | Emerging Market Equities |
Fund Sponsor | Krane Fund Advisors LLC |
Website | www.kraneshares.com |
Inception date | Jan 27, 2021 |
Assets (mns) | $25 |
Currency | USD |
Expense ratio | 89 bp |
Distributions | Annually |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Market Cap |
Index replication | |
Uses derivatives | No |
Options available | Yes |
No. of constituents | 49 |
Wgt avg mkt cap (mns) | $5,028 |
Large cap (>$10bn) | 19.8% |
Mid cap ($2-10bn) | 74.8% |
Small cap (<$2bn) | 5.5% |
Developed mkts | 0.0% |
Emerging mkts | 100.0% |
BEIJING KINGSOFT OFFICE SOFTWARE. | 6.9 % |
ADVANCED MICRO-FABRICATION EQUIPME | 6.7 % |
SHENZHEN TRANSSION HOLDING CO., LT | 5.6 % |
MONTAGE TECHNOLOGY CO., LTD. CLASS | 5.1 % |
CAMBRICON TECHNOLOGIES CORP. LTD. | 3.7 % |
TRINA SOLAR LTD CLASS A | 2.9 % |
NATIONAL SILICON INDUSTRY GROUP CO | 2.7 % |
BEIJING ROBOROCK TECHNOLOGY CO. LT | 2.7 % |
ZHEJIANG SUPCON TECHNOLOGY CO. LTD | 2.3 % |
PIOTECH, INC. CLASS A | 2.1 % | Total | 40.8 % |
---|
CHINA | 69.7 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.0% | -19.5% | -- | -- | -19.5% |
versus... | Beta | R-squared |
S&P500 | 0.60 | 16% |
MSCI EAFE | 0.60 | 15% |
MSCI Emg. Mkts. | 0.59 | 15% |
Recent close | $10.94 |
30d moving avg. | $12.53 |
Annualized volatility | 26.9% |
Short interest (ETF) | 0.1% |
Relative strength (RSI) | 51 |
Avg. volume (thou.) | 23 |
Turnover | 1.0% |
Bid/Ask (% of price) | 0.51% |
ADV underlying (mns) | $1,306 |
FINDING ALTERNATIVE FUNDS
Below is a list of 71 potential alternatives to the KraneShares SSE STAR Market 50 Index ETF ETF based on the alternatives' overlap in portfolio holdings with KSTR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | KSTR | Expense: | 89 bp | ALTAR Score™: | 2.4% |
Ticker | Fund Name |
Overlap1 vs KSTR (%) |
Expense ratio (bp) |
Savings vs KSTR (bp) |
ALTAR Score™ (%) |
ALTAR vs KSTR (%) |
KFVG | KraneShares CICC China 5G & Semiconductor Index ETF | 14.7 | 65 | 24 | 4.6 | +2.2 |
RAYC | Rayliant Quantamental China Equity ETF | 6.3 | 80 | 9 | 9.1 | +6.7 |
TCHI | iShares MSCI China Multisector Tech ETF | 3.9 | 59 | 30 | 2.8 | +0.4 |
ASHS | Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF | 3.8 | 65 | 24 | 6.3 | +3.8 |
ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | 2.4 | 65 | 24 | 9.0 | +6.5 |
KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | 2.3 | 55 | 34 | 8.7 | +6.3 |
JCHI | JPMorgan Active China ETF | 2.2 | 65 | 24 | 8.2 | +5.8 |
CGRO | CoreValues Alpha Greater China Growth ETF | 2.0 | 75 | 14 | 2.7 | +0.3 |
SDEM | Global X MSCI SuperDividend Emerging Markets ETF | 1.8 | 67 | 22 | 17.2 | +14.8 |
KGRN | KraneShares MSCI China Clean Technology Index ETF | 1.6 | 79 | 10 | 6.1 | +3.6 |
CQQQ | Invesco China Technology ETF | 1.3 | 70 | 19 | -6.8 | -9.2 |
CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 1.2 | 32 | 57 | 5.7 | +3.2 |
KURE | KraneShares MSCI All China Health Care Index ETF | 1.0 | 65 | 24 | 3.4 | +1.0 |
CNYA | iShares MSCI China A ETF | 1.0 | 60 | 29 | 8.6 | +6.2 |
MCH | Matthews China Active ETF | 1.0 | 79 | 10 | 5.9 | +3.4 |
WBAT | WisdomTree Battery Value Chain and Innovation Fund | 1.0 | 45 | 44 | 4.6 | +2.2 |
ETEC | iShares Breakthrough Environmental Solutions ETF | 0.8 | 47 | 42 | 5.3 | +2.9 |
ICLN | iShares Global Clean Energy ETF | 0.7 | 41 | 48 | 4.0 | +1.6 |
TTAI | FCF International Quality ETF | 0.6 | 59 | 30 | 6.8 | +4.4 |
GCLN | Goldman Sachs Bloomberg Clean Energy Equity ETF | 0.5 | 45 | 44 | 6.1 | +3.7 |
FLCH | Franklin FTSE China ETF | 0.5 | 19 | 70 | 9.7 | +7.3 |
RAYS | Global X Solar ETF | 0.4 | 51 | 38 | 5.5 | +3.1 |
JEMA | JPMorgan ActiveBuilders Emerging Markets Equity ETF | 0.3 | 33 | 56 | 7.0 | +4.6 |
EMCR | Xtrackers Emerging Markets Carbon Reduction and Climate Impr | 0.3 | 15 | 74 | 7.3 | +4.9 |
CHIQ | Global X MSCI China Consumer Discretionary ETF | 0.3 | 65 | 24 | 5.5 | +3.1 |
XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 0.2 | 32 | 57 | 6.0 | +3.6 |
GXC | SPDR S&P China ETF | 0.2 | 59 | 30 | 9.2 | +6.8 |
EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | 0.2 | 25 | 64 | 6.8 | +4.4 |
FLAX | Franklin FTSE Asia Ex Japan ETF | 0.2 | 19 | 70 | 7.1 | +4.7 |
JPEM | JPMorgan Diversified Return Emerging Markets Equity ETF | 0.1 | 44 | 45 | 9.7 | +7.3 |
MCHI | iShares MSCI China ETF | 0.1 | 59 | 30 | 9.2 | +6.8 |
DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 0.1 | 66 | 23 | -0.6 | -3.0 |
BKEM | BNY Mellon Emerging Markets Equity ETF | 0.1 | 11 | 78 | -12.7 | -15.1 |
VWO | Vanguard FTSE Emerging Markets ETF | 0.1 | 8 | 81 | -0.0 | -2.4 |
QEMM | SPDR MSCI Emerging Markets StrategicFactors ETF | 0.1 | 30 | 59 | 8.4 | +6.0 |
DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | 0.1 | 58 | 31 | 10.0 | +7.5 |
GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 0.1 | 36 | 53 | -12.8 | -15.2 |
OBOR | KraneShares MSCI One Belt One Road Index ETF | 0.1 | 79 | 10 | 10.0 | +7.6 |
DFSE | Dimensional Emerging Markets Sustainability Core 1 ETF | 0.1 | 41 | 48 | 7.8 | +5.3 |
TLTE | FlexShares Morningstar Emerging Markets Factor Tilt Index | 0.1 | 59 | 30 | -0.6 | -3.0 |
GEM | Goldman Sachs ActiveBeta Emerging Markets Equity ETF | 0.1 | 45 | 44 | 8.3 | +5.8 |
SCHE | Schwab Emerging Markets Equity ETF | 0.0 | 11 | 78 | 7.4 | +5.0 |
DFAE | Dimensional Emerging Core Equity Market ETF | 0.0 | 35 | 54 | 7.5 | +5.1 |
IEMG | iShares Core MSCI Emerging Markets ETF | 0.0 | 9 | 80 | 1.1 | -1.3 |
VEU | Vanguard FTSE All-World ex-US Index Fund | 0.0 | 8 | 81 | 5.0 | +2.6 |
ERTH | Invesco MSCI Sustainable Future ETF | 0.0 | 62 | 27 | 3.4 | +1.0 |
DFEM | Dimensional Emerging Markets Core Equity 2 ETF | 0.0 | 38 | 51 | 8.0 | +5.5 |
DBAW | Xtrackers MSCI All World ex US Hedged Equity ETF | 0.0 | 41 | 48 | 6.4 | +4.0 |
SPEM | SPDR Portfolio Emerging Markets ETF | 0.0 | 7 | 82 | 1.6 | -0.8 |
EEM | iShares MSCI Emerging Markets ETF | 0.0 | 69 | 20 | -1.0 | -3.5 |
VSGX | Vanguard ESG International Stock ETF | 0.0 | 12 | 77 | 4.2 | +1.8 |
JHEM | John Hancock Multifactor Emerging Markets ETF | 0.0 | 49 | 40 | 8.2 | +5.8 |
VXUS | Vanguard Total International Stock ETF | 0.0 | 7 | 82 | 5.1 | +2.7 |
DEHP | Dimensional Emerging Markets High Profitability ETF | 0.0 | 41 | 48 | 6.9 | +4.5 |
SDG | iShares MSCI Global Sustainable Development Goals ETF | 0.0 | 49 | 40 | 5.6 | +3.2 |
AAXJ | iShares MSCI All Country Asia ex Japan ETF | 0.0 | 70 | 19 | 6.4 | +3.9 |
DFEV | Dimensional Emerging Markets Value ETF | 0.0 | 43 | 46 | 10.8 | +8.3 |
BKF | iShares MSCI BIC ETF | 0.0 | 69 | 20 | 6.9 | +4.5 |
GMF | SPDR S&P Emerging Asia Pacific ETF | 0.0 | 49 | 40 | 6.4 | +4.0 |
DFAX | Dimensional World ex U.S. Core Equity 2 ETF | 0.0 | 30 | 59 | 7.5 | +5.1 |
HDAW | Xtrackers MSCI All World ex US High Dividend Yield Equity ET | 0.0 | 20 | 69 | 10.5 | +8.1 |
CWI | SPDR MSCI ACWI ex-US ETF | 0.0 | 30 | 59 | 6.5 | +4.1 |
EEMA | iShares MSCI Emerging Markets Asia ETF | 0.0 | 49 | 40 | 6.6 | +4.2 |
LDEM | iShares ESG MSCI EM Leaders ETF | 0.0 | 17 | 72 | 7.8 | +5.4 |
EMXF | iShares ESG Advanced MSCI EM ETF | 0.0 | 16 | 73 | 7.6 | +5.1 |
VT | Vanguard Total World Stock ETF | 0.0 | 7 | 82 | 4.9 | +2.5 |
CRBN | iShares MSCI ACWI Low Carbon Target ETF | 0.0 | 20 | 69 | 5.3 | +2.9 |
ACWI | iShares MSCI ACWI ETF | 0.0 | 32 | 57 | 5.2 | +2.8 |
SPGM | SPDR Portfolio MSCI Global Stock Market ETF | 0.0 | 9 | 80 | 5.4 | +3.0 |
VYMI | Vanguard International High Dividend Yield ETF | 0.0 | 22 | 67 | 9.5 | +7.1 |
AFTY | Pacer CSOP FTSE China A50 ETF | 0.0 | 70 | 19 | 9.3 | +6.9 |
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%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
---|---|---|---|---|---|---|---|
Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
Content on this tab for subscribers only
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 SSE STAR Market 50 Index ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
|
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|