KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.5x P/Sales
ratio		 1.4x
P/BV
ratio		 1.6x Div.
yield		 6.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The KraneShares MSCI One Belt One Road ETF seeks to provide investment results that track the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The Index aims to identify potential beneficiaries of the One Belt One Road initiative based on how their geography, revenue, and sector attributes align with the broad theme.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor KraneShares
Website kraneshares.com
Inception date Sep 07, 2017
Assets (mns) $4
Currency USD
Expense ratio 79 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 131
Wgt avg mkt cap (mns) $22,101
Large cap (>$10bn) 62.0%
Mid cap ($2-10bn) 35.1%
Small cap (<$2bn) 2.8%
Developed mkts 20.8%
Emerging mkts 79.2%

TOP TEN HOLDINGS
KUWAIT FINANCE HOUSE 9.4 %
OVERSEA-CHINESE BANKING CORP 8.2 %
KGHM POLSKA MIEDZ S.A. 4.8 %
CHINA YANGTZE POWER CO LTD-A 4.4 %
PTT PCL-NVDR 3.6 %
ANGLO PLATINUM LTD 3.0 %
IMPALA PLATINUM HOLDINGS LTD 2.6 %
TATA MOTORS LTD /NEW 2.5 %
CHINA PETROLEUM & CHEMICAL-H 1.8 %
SINGAPORE TECHNOLOGIES ENG 1.8 %
Total 42.2 %

TOP COUNTRY EXPOSURE
CHINA 41.9 %
SINGAPORE 11.2 %
KUWAIT 9.6 %
SOUTH AFRICA 7.3 %
INDIA 6.4 %
POLAND 4.8 %
THAILAND 3.9 %
HONG KONG 2.5 %
MALAYSIA 1.6 %
ISRAEL 1.6 %

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.
6.6% 18.5% 1.4% -- 4.3%

Market Correlations
versus... Beta R-squared
S&P500 0.64 22%
MSCI EAFE 0.71 42%
MSCI Emg. Mkts. 0.45 42%

Technical Indicators
Recent close $28.67
30d moving avg. $26.45
Annualized volatility 13.6%
Short interest (ETF) 0.4%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 328 potential alternatives to the KraneShares MSCI One Belt One Road Index ETF ETF based on the alternatives' overlap in portfolio holdings with OBOR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: OBOR Expense: 79 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OBOR
Ticker Fund
Name		 Overlap1
vs OBOR
(%)		 Expense
ratio
(bp)		 Savings
vs OBOR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs OBOR
(%)
KGRN KraneShares MSCI China Clean Technology Index ETF 11.5 79 0 4.1 -2.8
EWS iShares MSCI Singapore ETF 11.0 50 29 3.6 -3.3
GMET VanEck Green Metals ETF 9.5 63 16 0.8 -6.1
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 9.4 65 14 6.4 -0.5
EZA iShares MSCI South Africa ETF 7.1 58 21 8.6 +1.7
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 6.8 55 24 6.5 -0.4
ICLN iShares Global Clean Energy ETF 6.0 41 38 2.1 -4.8
FTHF First Trust Emerging Markets Human Flourishing ETF 5.9 75 4 5.2 -1.7
DVYA iShares Asia/Pacific Dividend ETF 4.9 49 30 6.6 -0.3
GVAL Cambria Global Value ETF 4.8 68 11 7.9 +1.1
COPX Global X Copper Miners ETF 4.8 65 14 3.6 -3.3
VCLN Virtus Duff & Phelps Clean Energy ETF 4.7 59 20 2.7 -4.2
EPOL iShares MSCI Poland ETF 4.5 59 20 7.9 +1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.5 39 40 13.0 +6.1
EPP iShares MSCI Pacific ex-Japan ETF 4.5 47 32 4.8 -2.1
AIVI WisdomTree International AI Enhanced Value Fund 4.3 58 21 6.0 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.2 80 -1 7.0 +0.1
FTAG First Trust Indxx Global Agriculture ETF 4.0 70 9 6.6 -0.3
PXH Invesco FTSE RAFI Emerging Markets ETF 4.0 49 30 12.9 +6.0
THD iShares MSCI Thailand ETF 3.9 58 21 0.0 -6.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.9 19 60 5.1 -1.7
ION ProShares S&P Global Core Battery Metals ETF 3.9 58 21 6.1 -0.8
FLCH Franklin FTSE China ETF 3.9 19 60 18.9 +12.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 3.7 65 14 4.7 -2.2
AFK VanEck Africa Index ETF 3.6 98 -19 10.1 +3.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.5 29 50 8.7 +1.8
ICOP iShares Copper and Metals Mining ETF 3.4 47 32 4.9 -2.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.4 50 29 7.8 +0.9
PICK iShares MSCI Global Metals & Mining Producers ETF 3.4 39 40 7.5 +0.6
FCA First Trust China AlphaDEX Fund 3.4 80 -1 8.4 +1.5
CNYA iShares MSCI China A ETF 3.3 60 19 6.6 -0.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.3 44 35 9.1 +2.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.0 45 34 9.4 +2.6
MCH Matthews China Active ETF 2.7 79 0 15.1 +8.2
LDEM iShares ESG MSCI EM Leaders ETF 2.7 17 62 12.5 +5.6
DFEV Dimensional Emerging Markets Value ETF 2.7 43 36 8.9 +2.0
MCHI iShares MSCI China ETF 2.5 59 20 21.3 +14.4
EMIF iShares Emerging Markets Infrastructure ETF 2.5 60 19 2.9 -4.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.5 25 54 5.8 -1.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.4 35 44 9.8 +2.9
EDIV SPDR S&P Emerging Markets Dividend ETF 2.4 49 30 8.9 +2.0
GXC SPDR S & P China ETF 2.3 59 20 19.5 +12.7
AGMI Themes Silver Miners ETF 2.3 35 44 3.4 -3.4
CCNR ALPS CoreCommodity Natural Resources ETF 2.2 39 40 7.6 +0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.2 88 -9 8.5 +1.6
RGEF Rockefeller Global Equity ETF 2.2 55 24 3.8 -3.1
FEM First Trust Emerging Markets AlphaDEX Fund 2.1 80 -1 8.4 +1.5
EYLD Cambria Emerging Shareholder Yield ETF 2.1 66 13 8.4 +1.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.1 70 9 4.1 -2.8
JHID John Hancock International High Dividend ETF 2.1 46 33 7.7 +0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.0 45 34 7.8 +0.9
AIA iShares Asia 50 ETF 2.0 50 29 7.3 +0.5
EIS iShares MSCI Israel ETF 2.0 58 21 6.6 -0.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.0 46 33 7.2 +0.3
FLAX Franklin FTSE Asia Ex Japan ETF 2.0 19 60 6.9 +0.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.0 22 57 5.5 -1.3
UIVM VictoryShares International Value Momentum ETF 2.0 35 44 7.7 +0.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.0 80 -1 5.4 -1.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.0 32 47 4.5 -2.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -1 6.5 -0.4
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 29 9.0 +2.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.9 32 47 15.2 +8.3
ECON Columbia Emerging Markets Consumer ETF 1.9 49 30 6.3 -0.6
DVYE iShares Emerging Markets Dividend ETF 1.9 49 30 16.7 +9.8
AVES Avantis Emerging Markets Value ETF 1.9 36 43 8.8 +1.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.9 29 50 6.9 +0.0
VEGI iShares MSCI Agriculture Producers ETF 1.8 39 40 7.0 +0.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 1.7 75 4 6.0 -0.9
SAGP Strategas Global Policy Opportunities ETF 1.7 65 14 4.8 -2.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.7 70 9 6.7 -0.2
VWO Vanguard FTSE Emerging Markets ETF 1.7 7 72 9.0 +2.1
EMMF WisdomTree Emerging Markets Multifactor Fund 1.7 48 31 8.3 +1.5
DEM WisdomTree Emerging Markets High Dividend Fund 1.7 63 16 9.8 +2.9
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 72 9.3 +2.4
AVEM Avantis Emerging Markets Equity ETF 1.7 33 46 6.8 -0.1
SMIN iShares MSCI India Small Cap ETF 1.7 79 0 3.3 -3.6
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 6.7 -0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.7 38 41 6.8 -0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.7 30 49 7.3 +0.4
TCHI iShares MSCI China Multisector Tech ETF 1.6 59 20 15.4 +8.5
TTAI FCF International Quality ETF 1.6 59 20 7.1 +0.2
EMXF iShares ESG Advanced MSCI EM ETF 1.6 16 63 6.4 -0.4
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 7.3 +0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.6 9 70 7.6 +0.7
BKF iShares MSCI BIC ETF 1.6 69 10 15.0 +8.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.6 66 13 7.3 +0.4
ESGE iShares ESG Aware MSCI EM ETF 1.6 25 54 7.9 +1.1
BKEM BNY Mellon Emerging Markets Equity ETF 1.6 11 68 23.6 +16.7
SETM Sprott Energy Transition Materials ETF 1.5 65 14 1.6 -5.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.5 36 43 7.4 +0.5
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 9.2 +2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.5 15 64 7.8 +0.9
ROAM Hartford Multifactor Emerging Markets ETF 1.5 44 35 7.3 +0.4
JETS U.S. Global Jets ETF 1.5 60 19 2.7 -4.2
BATT Amplify Lithium & Battery Technology ETF 1.5 59 20 1.9 -5.0
VIDI Vident International Equity Strategy ETF 1.4 61 18 7.9 +1.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.4 70 9 9.3 +2.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.4 69 10 7.5 +0.6
EEM iShares MSCI Emerging Markets ETF 1.4 69 10 7.6 +0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 20 8.2 +1.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 8.3 +1.4
XC WisdomTree Emerging Markets Ex-China Fund 1.4 32 47 6.4 -0.5
EEMO Invesco S&P Emerging Markets Momentum ETF 1.4 29 50 6.2 -0.7
TPIF Timothy Plan International ETF 1.4 62 17 5.5 -1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 1.3 15 64 5.5 -1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.3 41 38 6.7 -0.2
RNEM First Trust Emerging Markets Equity Select ETF 1.3 75 4 7.8 +1.0
IEMG iShares Core MSCI Emerging Markets ETF 1.3 9 70 8.0 +1.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.3 72 7 2.5 -4.4
TUR iShares MSCI Turkey ETF 1.3 58 21 13.0 +6.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 46 5.9 -1.0
URAN Themes Uranium & Nuclear ETF 1.3 35 44 1.1 -5.8
NUEM Nuveen ESG Emerging Markets Equity ETF 1.3 36 43 5.7 -1.2
IDLV Invesco S&P International Developed Low Volatility ETF 1.3 25 54 6.2 -0.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.3 95 -16 9.4 +2.5
EV Mast Global Battery Recycling & Production ETF 1.2 65 14 6.4 -0.5
ISRA VanEck Israel ETF 1.2 59 20 5.9 -1.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.2 32 47 5.2 -1.6
IMTM iShares MSCI Intl Momentum Factor ETF 1.2 30 49 4.6 -2.3
VEXC Vanguard Emerging Markets Ex-China ETF 1.2 7 72 5.5 -1.4
JADE JPMorgan Active Developing Markets Equity ETF 1.2 65 14 5.8 -1.1
FXI iShares China Large-Cap ETF 1.1 74 5 21.6 +14.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.1 30 49 7.7 +0.8
EWM iShares MSCI Malaysia ETF 1.1 50 29 6.5 -0.4
EMXC iShares MSCI Emerging Markets ex China ETF 1.1 25 54 4.8 -2.1
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 30 7.3 +0.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.1 49 30 8.5 +1.6
AIRL Themes Airlines ETF 1.1 35 44 1.7 -5.2
FPXI First Trust International Equity Opportunities ETF 1.1 70 9 4.0 -2.8
IPAC iShares Core MSCI Pacific ETF 1.1 9 70 5.2 -1.6
CGV Conductor Global Equity Value ETF 1.1 130 -51 7.6 +0.7
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 7.6 +0.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.1 80 -1 3.7 -3.2
IQLT iShares MSCI Intl Quality Factor ETF 1.0 30 49 5.4 -1.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.0 40 39 6.0 -0.9
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 6.4 -0.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.0 53 26 4.9 -2.0
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -4 7.3 +0.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.0 80 -1 11.8 +4.9
EMGF iShares Emerging Markets Equity Factor ETF 1.0 25 54 8.6 +1.7
ZIG Acquirers Fund 1.0 84 -5 20.9 +14.0
BOAT SonicShares Global Shipping ETF 1.0 69 10 17.3 +10.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.9 30 49 5.9 -0.9
EIDO iShares MSCI Indonesia ETF 0.9 59 20 10.3 +3.5
LIMI Themes Lithium & Battery Metal Miners ETF 0.9 35 44 3.3 -3.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 38 4.7 -2.2
STXE Strive Emerging Markets Ex-China ETF 0.9 32 47 5.0 -1.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 33 5.3 -1.6
XCEM Columbia EM Core ex-China ETF 0.9 16 63 4.7 -2.2
FLIN Franklin FTSE India ETF 0.9 19 60 4.2 -2.7
LVHI Franklin International Low Volatility High Dividend Index ET 0.9 40 39 7.4 +0.5
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.9 42 37 7.6 +0.7
GNR SPDR S&P Global Natural Resources ETF 0.9 40 39 7.7 +0.8
SILJ ETFMG Prime Junior Silver Miners ETF 0.9 69 10 0.4 -6.5
EFV iShares MSCI EAFE Value ETF 0.8 34 45 7.3 +0.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.8 32 47 7.4 +0.5
MINV Matthews Asia Innovators Active ETF 0.8 79 0 5.7 -1.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.8 70 9 6.3 -0.6
VPL Vanguard FTSE Pacific ETF 0.8 7 72 5.0 -1.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.8 12 67 4.8 -2.1
IDX VanEck Indonesia Index ETF 0.8 57 22 9.1 +2.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 14 7.9 +1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.8 37 42 6.8 -0.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 59 5.6 -1.3
FENI Fidelity Enhanced International ETF 0.8 28 51 5.7 -1.2
EPI WisdomTree India Earnings Fund 0.8 85 -6 5.2 -1.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 6.5 -0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.8 15 64 8.7 +1.8
FRDM Freedom 100 Emerging Markets ETF 0.8 49 30 5.1 -1.8
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 45 6.2 -0.7
DTH WisdomTree International High Dividend Fund 0.8 58 21 7.0 +0.1
VXUS Vanguard Total International Stock ETF 0.7 5 74 6.4 -0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.7 33 46 6.5 -0.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.7 24 55 4.9 -2.0
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 6.4 -0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 49 6.2 -0.7
VSGX Vanguard ESG International Stock ETF 0.7 10 69 6.4 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 55 6.8 -0.1
HUMN Roundhill Humanoid Robotics ETF 0.7 75 4 1.5 -5.4
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 2.9 -4.0
BOTZ Global X Robotics & Artificial Intelligence ETF 0.7 69 10 2.1 -4.8
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 5.7 -1.2
JCHI JPMorgan Active China ETF 0.7 65 14 16.0 +9.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 32 6.9 +0.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 61 6.2 -0.7
DIM WisdomTree International MidCap Dividend Fund 0.7 58 21 6.1 -0.7
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 3.4 -3.5
FDEV Fidelity International Multifactor ETF 0.7 18 61 7.0 +0.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.7 55 24 5.9 -1.0
JIVE JPMorgan International Value ETF 0.7 55 24 7.8 +0.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.7 60 19 6.5 -0.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.7 41 38 5.9 -1.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.7 35 44 5.5 -1.4
MEM Matthews Emerging Markets Equity Active ETF 0.6 79 0 8.3 +1.4
EPHE iShares MSCI Philippines ETF 0.6 59 20 0.0 -6.9
FRGN Horizon International Equity ETF 0.6 75 4 7.6 +0.7
HAP VanEck Natural Resources ETF 0.6 50 29 6.2 -0.7
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 6.1 -0.8
IXG iShares Global Financials ETF 0.6 42 37 5.8 -1.1
IQSI IQ Candriam International Equity ETF 0.6 15 64 5.5 -1.4
IGF iShares Global Infrastructure ETF 0.6 41 38 4.4 -2.5
GII SPDR S&P Global Infrastructure ETF 0.6 40 39 4.4 -2.5
INTF iShares International Equity Factor ETF 0.6 15 64 6.3 -0.6
DOL WisdomTree International LargeCap Dividend Fund 0.6 48 31 5.4 -1.4
AVDV Avantis International Small Cap Value ETF 0.6 36 43 7.4 +0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 40 6.1 -0.8
AVSE Avantis Responsible Emerging Markets Equity ETF 0.6 33 46 6.5 -0.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.6 67 12 12.0 +5.1
WWJD Inspire International ETF 0.5 80 -1 6.1 -0.8
GLOF iShares Global Equity Factor ETF 0.5 20 59 5.5 -1.4
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 49 6.3 -0.6
GEW Cambria Global EW ETF 0.5 29 50 5.3 -1.6
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.5 20 59 5.5 -1.4
DWM WisdomTree International Equity Fund 0.5 48 31 5.5 -1.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 39 5.6 -1.3
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 49 7.7 +0.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.5 25 54 6.0 -0.9
HEFA iShares Currency Hedged MSCI EAFE ETF 0.5 35 44 5.7 -1.2
EFA iShares MSCI EAFE ETF 0.5 35 44 5.6 -1.3
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 4.8 -2.1
FRNW Fidelity Clean Energy ETF 0.5 39 40 2.0 -4.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.5 45 34 6.5 -0.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.5 60 19 10.3 +3.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 5.7 -1.2
AVDE Avantis International Equity ETF 0.5 23 56 6.1 -0.8
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 5.9 -1.0
IQDF FlexShares International Quality Dividend Index Fund 0.4 47 32 7.2 +0.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 5.5 -1.4
DEW WisdomTree Global High Dividend Fund 0.4 58 21 7.0 +0.1
SCHF Schwab International Equity ETF 0.4 6 73 5.8 -1.1
CNXT VanEck ChiNext ETF 0.4 65 14 3.2 -3.7
JIRE JPMorgan International Research Enhanced Equity ETF 0.4 24 55 5.7 -1.2
BKIE BNY Mellon International Equity ETF 0.4 4 75 17.5 +10.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 5.2 -1.7
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.8 -1.0
INEQ Columbia International Equity Income ETF 0.4 45 34 7.5 +0.6
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 5.9 -1.0
VEA Vanguard FTSE Developed Markets ETF 0.4 3 76 5.8 -1.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 76 5.7 -1.2
STXI Strive International Developed Markets ETF 0.4 29 50 6.4 -0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 40 6.8 -0.1
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 30 4.5 -2.4
DFAI Dimensional International Core Equity Market ETF 0.4 18 61 5.9 -1.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 54 7.1 +0.2
BLES Inspire Global Hope ETF 0.4 61 18 5.6 -1.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 40 6.5 -0.3
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 19 9.2 +2.3
INDA iShares MSCI India ETF 0.4 65 14 4.7 -2.2
DFIV Dimensional International Value ETF 0.3 27 52 7.4 +0.5
GWX SPDR S&P International Small Cap ETF 0.3 40 39 5.7 -1.2
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 5.6 -1.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 14 6.5 -0.4
FDEM Fidelity Emerging Markets Multifactor ETF 0.3 25 54 10.1 +3.2
DIHP Dimensional International High Profitability ETF 0.3 29 50 5.7 -1.2
DXIV Dimensional International Vector Equity ETF 0.3 34 45 6.4 -0.5
QINT American Century Quality Diversified International ETF 0.3 39 40 6.4 -0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 30 5.9 -1.0
XT iShares Exponential Technologies ETF 0.3 46 33 4.0 -2.9
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -16 2.5 -4.4
IPKW Invesco International BuyBack Achievers ETF 0.3 55 24 7.8 +0.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.3 78 1 9.2 +2.3
VT Vanguard Total World Stock ETF 0.3 6 73 4.9 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 4.7 -2.2
ACWI iShares MSCI ACWI ETF 0.3 32 47 4.6 -2.3
KSTR KraneShares SSE STAR Market 50 Index ETF 0.3 89 -10 0.8 -6.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.3 58 21 5.4 -1.5
DTEC ALPS Disruptive Technologies ETF 0.3 50 29 3.5 -3.4
CQQQ Invesco China Technology ETF 0.3 70 9 17.5 +10.6
FAN First Trust Global Wind Energy ETF 0.3 60 19 3.0 -3.9
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 54 5.0 -1.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 0 3.7 -3.1
AVDS Avantis International Small Cap Equity ETF 0.3 30 49 5.8 -1.1
DWMF WisdomTree International Multifactor Fund 0.3 38 41 6.8 -0.1
IQDG WisdomTree International Quality Dividend Growth Fund 0.3 42 37 5.7 -1.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.2 -0.7
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 5.0 -1.9
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 6.1 -0.8
PATN Pacer Nasdaq International Patent Leaders ETF 0.2 65 14 4.0 -2.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 45 5.1 -1.8
SMOG VanEck Low Carbon Energy ETF 0.2 61 18 1.3 -5.6
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 5.1 -1.8
CUT Invesco MSCI Global Timber ETF 0.2 61 18 8.2 +1.3
CLNR IQ Cleaner Transport ETF 0.2 45 34 4.0 -2.9
FDVV Fidelity High Dividend ETF 0.2 15 64 6.6 -0.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 6.0 -0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 54 5.5 -1.4
WOOD iShares Global Timber & Forestry ETF 0.2 42 37 11.0 +4.2
GREK Global X MSCI Greece ETF 0.2 57 22 7.9 +1.0
SHPP Pacer Industrials and Logistics ETF 0.2 60 19 6.7 -0.2
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 5.5 -1.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 48 5.4 -1.5
IGRO iShares International Dividend Growth ETF 0.2 15 64 6.6 -0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 4.8 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 4.9 -2.0
TOK iShares MSCI Kokusai ETF 0.1 26 53 4.3 -2.6
URTH iShares MSCI World ETF 0.1 24 55 4.3 -2.6
EFG iShares MSCI EAFE Growth ETF 0.1 36 43 3.8 -3.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 37 3.9 -2.9
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 70 6.2 -0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 67 4.4 -2.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 4.4 -2.5
VGK Vanguard FTSE Europe ETF 0.1 6 73 6.5 -0.4
FLEE Franklin FTSE Europe ETF 0.1 9 70 6.3 -0.6
SPEU SPDR Portfolio Europe ETF 0.1 7 72 6.4 -0.5
DFIS Dimensional International Small Cap ETF 0.1 39 40 6.0 -0.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 4.9 -2.0
AVIV Avantis International Large Cap Value ETF 0.1 25 54 6.7 -0.2
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 7.2 +0.4
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 6.7 -0.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.4 -0.5
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 7.5 +0.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.2 +0.3
WSML iShares MSCI World Small-Cap ETF 0.1 15 64 5.3 -1.6
IUS Invesco RAFI Strategic US ETF 0.1 19 60 5.4 -1.5
WRND IQ Global Equity R&D Leaders ETF 0.1 18 61 4.1 -2.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 37 4.1 -2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 5.5 -1.3
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 7.1 +0.2
DISV Dimensional International Small Cap Value ETF 0.0 42 37 7.7 +0.8
EMC Global X Emerging Markets Great Consumer ETF 0.0 75 4 7.0 +0.1
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.7 -5.2
URA Global X Uranium ETF 0.0 69 10 0.9 -6.0
TNUK Tortoise Nuclear Renaissance ETF 0.0 75 4 0.8 -6.1
EMM Global X Emerging Markets ex-China ETF 0.0 75 4 4.5 -2.4
IEUR iShares Core MSCI Europe ETF 0.0 11 68 6.4 -0.5
JIG JPMorgan International Growth ETF 0.0 55 24 3.6 -3.3
AQLT iShares MSCI Global Quality Factor ETF 0.0 18 61 0.0 -6.9
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.1 -2.8

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 One Belt One Road 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™


Calculation of ALTAR Score™
Avg. Return on Equity 12.3 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.53
 
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.