KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 8.6% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 12.6x P/Sales
ratio		 0.9x
P/BV
ratio		 1.3x Div.
yield		 5.2%


  • 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 130
Wgt avg mkt cap (mns) $22,505
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 9.3 %
OVERSEA-CHINESE BANKING CORP 7.5 %
ELBIT SYSTEMS LTD 5.9 %
CHINA YANGTZE POWER CO LTD-A 5.1 %
PTT PUBLIC CO., LTD. 4.5 %
IMPALA PLATINUM HOLDINGS LTD 4.4 %
KGHM POLSKA MIEDZ S.A. 2.4 %
CHINA PETROLEUM & CHEMICAL-H 2.1 %
ISRAEL CHEMICALS LTD 2.1 %
NORTHAM PLATINUM HOLDINGS LIMITED 2.1 %
Total 45.4 %

TOP COUNTRY EXPOSURE
CHINA 43.3 %
SINGAPORE 10.5 %
KUWAIT 9.5 %
ISRAEL 8.5 %
SOUTH AFRICA 7.0 %
INDONESIA 5.8 %
INDIA 5.1 %
THAILAND 4.5 %
HONG KONG 3.0 %
POLAND 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
20.0% 9.5% 6.0% -- 2.7%

Market Correlations
versus... Beta R-squared
S&P500 0.48 22%
MSCI EAFE 0.54 35%
MSCI Emg. Mkts. 0.60 49%

Technical Indicators
Recent close $25.75
30d moving avg. $25.42
Annualized volatility 13.7%
Short interest (ETF) 0.3%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.3%
Bid/Ask (% of price) 0.48%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 344 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™: 8.6%


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
(%)
ASEA Global X FTSE Southeast Asia ETF 11.6 65 14 6.6 -2.0
KGRN KraneShares MSCI China Clean Technology Index ETF 11.5 79 0 0.3 -8.3
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.4 65 14 6.5 -2.0
EWS iShares MSCI Singapore ETF 11.3 50 29 4.9 -3.7
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.4 55 24 6.5 -2.1
DMAT Global X Disruptive Materials ETF 8.3 59 20 6.5 -2.1
GMET VanEck Green Metals ETF 7.4 63 16 7.3 -1.3
KALL KraneShares MSCI All China Index ETF 7.4 49 30 15.2 +6.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.4 70 9 12.6 +4.1
RAYC Rayliant Quantamental China Equity ETF 6.4 80 -1 7.0 -1.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.2 50 29 10.5 +1.9
JCHI JPMorgan Active China ETF 6.0 65 14 14.4 +5.8
EIS iShares MSCI Israel ETF 6.0 58 21 7.6 -1.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 5.9 85 -6 8.8 +0.2
ITEQ BlueStar Israel Technology ETF 5.9 75 4 1.6 -6.9
FEM First Trust Emerging Markets AlphaDEX Fund 5.5 80 -1 11.1 +2.5
IDX VanEck Indonesia Index ETF 5.5 57 22 7.2 -1.4
FTAG First Trust Indxx Global Agriculture ETF 5.3 70 9 8.7 +0.1
ICLN iShares Global Clean Energy ETF 5.0 41 38 4.3 -4.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.9 80 -1 8.5 -0.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 10.4 +1.8
DVYE iShares Emerging Markets Dividend ETF 4.3 49 30 18.2 +9.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.0 65 14 4.7 -3.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 54 6.4 -2.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 10.4 +1.8
FLCH Franklin FTSE China ETF 3.8 19 60 15.1 +6.5
FTRI First Trust Indxx Global Natural Resources Income ETF 3.8 70 9 7.6 -1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.7 39 40 15.4 +6.8
CNYA iShares MSCI China A ETF 3.6 60 19 5.9 -2.6
GVAL Cambria Global Value ETF 3.5 68 11 10.2 +1.6
DVYA iShares Asia/Pacific Dividend ETF 3.4 49 30 7.5 -1.1
ION ProShares S&P Global Core Battery Metals ETF 3.4 58 21 8.1 -0.5
EZA iShares MSCI South Africa ETF 3.3 58 21 9.3 +0.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.9 -2.7
FCA First Trust China AlphaDEX Fund 3.3 80 -1 8.0 -0.6
EMIF iShares Emerging Markets Infrastructure ETF 3.3 60 19 4.8 -3.7
EPP iShares MSCI Pacific ex-Japan ETF 3.2 47 32 5.1 -3.5
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 30 15.0 +6.4
VWID Virtus WMC International Dividend ETF 3.1 49 30 8.5 -0.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.1 45 34 9.6 +1.1
AVES Avantis Emerging Markets Value ETF 3.0 36 43 10.7 +2.1
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 12.4 +3.9
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 32 8.8 +0.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.7 80 -1 14.4 +5.8
VEGI iShares MSCI Agriculture Producers ETF 2.7 39 40 9.0 +0.4
RODE Hartford Multifactor Diversified International ETF 2.6 29 50 11.5 +2.9
FLAX Franklin FTSE Asia Ex Japan ETF 2.6 19 60 8.5 -0.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.6 35 44 16.2 +7.6
MCHI iShares MSCI China ETF 2.6 59 20 16.6 +8.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 32 8.0 -0.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 8.2 -0.4
PPA Invesco Aerospace & Defense ETF 2.4 58 21 2.3 -6.2
COPX Global X Copper Miners ETF 2.4 65 14 5.9 -2.7
EPOL iShares MSCI Poland ETF 2.4 59 20 10.6 +2.0
ICOP iShares Copper and Metals Mining ETF 2.4 47 32 7.1 -1.5
SILJ ETFMG Prime Junior Silver Miners ETF 2.4 69 10 1.9 -6.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.4 30 49 8.8 +0.2
SHLD Global X Defense Tech ETF 2.4 50 29 3.1 -5.5
GXC SPDR S&P China ETF 2.4 59 20 14.6 +6.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.4 80 -1 6.1 -2.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 13.4 +4.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.3 29 50 7.7 -0.9
FTHF First Trust Emerging Markets Human Flourishing ETF 2.3 75 4 7.5 -1.1
SAGP Strategas Global Policy Opportunities ETF 2.3 65 14 5.5 -3.1
NUEM Nuveen ESG Emerging Markets Equity ETF 2.2 36 43 7.4 -1.2
PICK iShares MSCI Global Metals & Mining Producers ETF 2.2 39 40 11.1 +2.6
AGMI Themes Silver Miners ETF 2.2 35 44 4.6 -4.0
CCNR ALPS CoreCommodity Natural Resources ETF 2.2 39 40 10.0 +1.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 9.8 +1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 8.4 -0.2
LDEM iShares ESG MSCI EM Leaders ETF 2.2 17 62 13.2 +4.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.2 22 57 5.8 -2.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.1 95 -16 11.2 +2.6
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 8.1 -0.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 68 9.4 +0.8
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 29 11.8 +3.2
AIVI WisdomTree International AI Enhanced Value Fund 2.1 58 21 7.2 -1.4
TUR iShares MSCI Turkey ETF 2.1 58 21 18.5 +9.9
VIDI Vident International Equity Strategy ETF 2.1 61 18 10.5 +1.9
SDIV Global X Superdividend ETF 2.1 58 21 41.5 +32.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 9.6 +1.0
EIDO iShares MSCI Indonesia ETF 2.0 59 20 8.1 -0.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.0 29 50 9.2 +0.6
ROAM Hartford Multifactor Emerging Markets ETF 2.0 44 35 11.4 +2.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.0 32 47 15.1 +6.6
IMOM Alpha Architect International Quantitative Momentum ETF 2.0 49 30 3.2 -5.4
EMMF WisdomTree Emerging Markets Multifactor Fund 2.0 48 31 7.2 -1.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -1 9.2 +0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 8.8 +0.2
DIM WisdomTree International MidCap Dividend Fund 1.9 58 21 7.6 -1.0
TTAI FCF International Quality ETF 1.9 59 20 7.4 -1.2
CGV Conductor Global Equity Value ETF 1.9 130 -51 8.4 -0.2
DWMF WisdomTree International Multifactor Fund 1.9 38 41 7.1 -1.5
JHID John Hancock International High Dividend ETF 1.9 46 33 9.4 +0.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.9 36 43 9.1 +0.5
VWO Vanguard FTSE Emerging Markets ETF 1.8 7 72 9.7 +1.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.8 9 70 9.2 +0.7
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 6.2 -2.4
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 24 7.5 -1.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 9 8.6 0.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 8.7 +0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 46 9.3 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 1.7 49 30 9.5 +0.9
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 8.7 +0.1
EV Mast Global Battery Recycling & Production ETF 1.7 65 14 10.6 +2.0
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 72 10.0 +1.4
AFK VanEck Africa Index ETF 1.7 98 -19 11.4 +2.8
IZRL ARK Israel Innovative Technology ETF 1.7 49 30 1.1 -7.4
EEMO Invesco S&P Emerging Markets Momentum ETF 1.6 29 50 6.4 -2.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.6 41 38 8.3 -0.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 47 6.2 -2.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.6 49 30 9.0 +0.4
BKF iShares MSCI BIC ETF 1.6 69 10 13.1 +4.6
TPIF Timothy Plan International ETF 1.6 62 17 6.2 -2.4
EDIV SPDR S&P Emerging Markets Dividend ETF 1.5 49 30 11.9 +3.4
EYLD Cambria Emerging Shareholder Yield ETF 1.5 66 13 12.1 +3.5
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 10.4 +1.8
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 54 12.3 +3.7
JETS U.S. Global Jets ETF 1.5 60 19 3.0 -5.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 9.9 +1.3
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 20 15.4 +6.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.4 42 37 9.6 +1.0
ECON Columbia Emerging Markets Consumer ETF 1.4 49 30 11.3 +2.7
EEM iShares MSCI Emerging Markets ETF 1.4 69 10 9.5 +0.9
IEMG iShares Core MSCI Emerging Markets ETF 1.4 9 70 9.8 +1.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 64 7.3 -1.3
URAN Themes Uranium & Nuclear ETF 1.3 35 44 1.1 -7.5
DTH WisdomTree International High Dividend Fund 1.3 58 21 8.5 -0.1
AIRL Themes Airlines ETF 1.3 35 44 1.8 -6.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 6.6 -2.0
FXI iShares China Large-Cap ETF 1.3 74 5 17.9 +9.3
FENI Fidelity Enhanced International ETF 1.3 28 51 6.4 -2.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.8 -2.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 19 10.6 +2.0
RGEF Rockefeller Global Equity ETF 1.3 55 24 4.6 -4.0
XCNY SPDR S&P Emerging Markets ex-China ETF 1.3 15 64 7.4 -1.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 47 8.5 -0.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 64 4.6 -4.0
AIA iShares Asia 50 ETF 1.2 50 29 11.1 +2.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.2 80 -1 4.9 -3.7
STXE Strive Emerging Markets Ex-China ETF 1.2 32 47 7.1 -1.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.2 33 46 8.1 -0.5
ARKX ARK Space Exploration & Innovation ETF 1.2 75 4 -0.4 -9.0
EMXF iShares ESG Advanced MSCI EM ETF 1.2 16 63 8.0 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.2 83 -4 9.3 +0.7
SMIN iShares MSCI India Small Cap ETF 1.2 79 0 4.1 -4.5
ZSB USCF Sustainable Battery Metals Strategy Fund 1.2 61 18 6.6 -2.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.2 30 49 9.6 +1.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.2 70 9 7.6 -1.0
FIDI Fidelity International High Dividend ETF 1.2 18 61 8.6 +0.0
IPOS Renaissance International IPO ETF 1.2 80 -1 2.2 -6.4
GDX VanEck Gold Miners ETF 1.2 51 28 3.1 -5.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 26 7.4 -1.2
CIL VictoryShares International Volatility Wtd ETF 1.1 45 34 6.6 -2.0
ARKQ ARK Autonomous Technology & Robotics ETF 1.1 75 4 0.2 -8.3
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 9.5 +0.9
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 54 6.5 -2.1
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 30 9.4 +0.8
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -10 4.8 -3.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.0 40 39 6.7 -1.9
ISRA VanEck Israel ETF 1.0 59 20 7.0 -1.6
XCEM Columbia EM Core ex-China ETF 1.0 16 63 7.6 -1.0
SETM Sprott Energy Transition Materials ETF 1.0 65 14 2.1 -6.5
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 7.8 -0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.0 30 49 6.9 -1.7
UIVM VictoryShares International Value Momentum ETF 1.0 35 44 9.0 +0.4
IGF iShares Global Infrastructure ETF 0.9 41 38 4.7 -3.9
GII SPDR S&P Global Infrastructure ETF 0.9 40 39 4.7 -3.9
DWM WisdomTree International Equity Fund 0.9 48 31 7.3 -1.3
EWM iShares MSCI Malaysia ETF 0.9 50 29 6.8 -1.8
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 47 6.2 -2.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.3 -1.3
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 30 5.8 -2.8
RNEM First Trust Emerging Markets Equity Select ETF 0.9 75 4 7.6 -0.9
INTF iShares International Equity Factor ETF 0.9 15 64 7.5 -1.1
EMXC iShares MSCI Emerging Markets ex China ETF 0.9 25 54 7.0 -1.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 38 6.3 -2.3
GNR SPDR S&P Global Natural Resources ETF 0.9 40 39 10.8 +2.2
UAE iShares MSCI UAE ETF 0.9 59 20 0.0 -8.6
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 49 5.4 -3.2
CUT Invesco MSCI Global Timber ETF 0.8 61 18 11.3 +2.7
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 6.2 -2.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 7.7 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 55 7.5 -1.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 7.8 -0.7
GLOF iShares Global Equity Factor ETF 0.8 20 59 6.2 -2.3
BOAT SonicShares Global Shipping ETF 0.8 69 10 27.4 +18.8
DEEP Roundhill Acquirers Deep Value ETF 0.8 80 -1 17.8 +9.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 32 5.3 -3.3
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 24 7.6 -1.0
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 30 9.8 +1.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.8 65 14 4.1 -4.5
GOEX Global X Gold Explorers ETF 0.8 65 14 2.7 -5.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 7.3 -1.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 7.7 -0.9
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 54 9.5 +0.9
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 6.2 -2.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 34 4.0 -4.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.0 -1.6
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.8 -2.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 8.1 -0.4
XT iShares Exponential Technologies ETF 0.7 46 33 4.6 -4.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 6.3 -2.3
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 5.1 -3.5
VXUS Vanguard Total International Stock ETF 0.7 5 74 7.6 -1.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 14 11.5 +2.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.3 -0.3
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 3.4 -5.2
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 4.4 -4.2
BOTT Themes Robotics & Automation ETF 0.7 35 44 3.5 -5.1
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 7.6 -1.0
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 45 7.4 -1.2
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 10.2 +1.6
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 7.1 -1.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 13.2 +4.6
EPI WisdomTree India Earnings Fund 0.7 85 -6 5.2 -3.4
IDMO Invesco S&P International Developed Momentum ETF 0.7 25 54 5.3 -3.3
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 3.5 -5.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -11 6.8 -1.8
AVSE Avantis Responsible Emerging Markets Equity ETF 0.7 33 46 8.0 -0.6
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 54 10.9 +2.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 7.0 -1.5
VSGX Vanguard ESG International Stock ETF 0.6 10 69 7.4 -1.2
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.5 -0.1
VPL Vanguard FTSE Pacific ETF 0.6 7 72 6.5 -2.0
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 6.7 -1.8
EFV iShares MSCI EAFE Value ETF 0.6 34 45 8.9 +0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.6 34 45 5.9 -2.7
ABLD Abacus FCF Real Assets Leaders ETF 0.6 69 10 7.0 -1.6
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.5 -1.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.4 -3.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 40 5.7 -2.9
FLIN Franklin FTSE India ETF 0.6 19 60 4.2 -4.4
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.7 -0.9
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.5 -1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 6.7 -1.9
PIN Invesco India ETF 0.5 78 1 4.7 -3.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 6.0 -2.6
FRNW Fidelity Clean Energy ETF 0.5 39 40 2.7 -5.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 0 4.5 -4.1
DTEC ALPS Disruptive Technologies ETF 0.5 50 29 3.8 -4.7
FAN First Trust Global Wind Energy ETF 0.5 60 19 4.2 -4.4
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 1.2 -7.3
EPHE iShares MSCI Philippines ETF 0.5 59 20 0.0 -8.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 5.7 -2.9
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 34 6.1 -2.5
AVDE Avantis International Equity ETF 0.5 23 56 7.2 -1.4
QINT American Century Quality Diversified International ETF 0.5 39 40 7.2 -1.4
WWJD Inspire International ETF 0.5 80 -1 7.2 -1.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 6.8 -1.8
AVDV Avantis International Small Cap Value ETF 0.5 36 43 9.2 +0.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 43 6.3 -2.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.5 20 59 6.2 -2.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 4.1 -4.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 59 6.8 -1.8
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.6 -2.0
EFA iShares MSCI EAFE ETF 0.4 35 44 6.6 -2.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 9.2 +0.6
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.9 -1.7
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 10.1 +1.6
INDA iShares MSCI India ETF 0.4 65 14 4.7 -3.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 30 6.8 -1.8
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 1.5 -7.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 6.5 -2.1
DIHP Dimensional International High Profitability ETF 0.4 29 50 7.1 -1.5
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 6.9 -1.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 14 7.8 -0.8
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.5 -3.0
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 7.3 -1.3
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 3.1 -5.5
IXG iShares Global Financials ETF 0.4 42 37 6.7 -1.9
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 6.8 -1.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 7 -0.9 -9.5
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 44 5.4 -3.2
SCHF Schwab International Equity ETF 0.3 6 73 7.1 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.8 -1.8
CLNR IQ Cleaner Transport ETF 0.3 45 34 6.7 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 34 8.6 +0.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 7.8 -0.8
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 7.0 -1.6
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.0 -1.6
STXI Strive International Developed Markets ETF 0.3 29 50 6.5 -2.0
DXIV Dimensional International Vector Equity ETF 0.3 34 45 7.8 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 9.2 +0.6
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 4.3 -4.3
IGRO iShares International Dividend Growth ETF 0.3 15 64 7.3 -1.3
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 6.6 -2.0
HAP VanEck Natural Resources ETF 0.3 50 29 9.1 +0.5
AVIV Avantis International Large Cap Value ETF 0.3 25 54 8.4 -0.2
VT Vanguard Total World Stock ETF 0.3 6 73 5.7 -2.9
BLES Inspire Global Hope ETF 0.3 61 18 6.8 -1.8
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.3 -3.3
DFIC Dimensional International Core Equity 2 ETF 0.3 23 56 7.3 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 5.4 -3.2
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.0 -1.6
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 12.5 +4.0
DFIV Dimensional International Value ETF 0.2 27 52 9.5 +0.9
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 19 7.9 -0.7
WDIV SPDR S&P Global Dividend ETF 0.2 40 39 9.3 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 5.0 -3.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.1 -2.5
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.3 -2.3
AVDS Avantis International Small Cap Equity ETF 0.2 30 49 7.2 -1.4
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 5.9 -2.7
OPTZ Optimize Strategy Index ETF 0.2 50 29 4.6 -4.0
FDVV Fidelity High Dividend ETF 0.2 15 64 7.5 -1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 37 7.0 -1.6
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 6.5 -2.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.2 -3.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.8 -2.8
GWX SPDR S&P International Small Cap ETF 0.1 40 39 5.9 -2.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 39 6.9 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 5.5 -3.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.0 -3.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.5 -3.1
URTH iShares MSCI World ETF 0.1 24 55 4.9 -3.7
TOK iShares MSCI Kokusai ETF 0.1 26 53 4.9 -3.7
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 8.2 -0.4
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 8.2 -0.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.5 -1.1
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.3 -1.3
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 7.5 -1.1
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 8.6 0.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.9 -2.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 3.5 -5.1
FILL iShares MSCI Global Energy Producers ETF 0.1 39 40 11.6 +3.1
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.5 -2.1
VGK Vanguard FTSE Europe ETF 0.1 6 73 7.4 -1.2
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.3 -1.3
SPEU SPDR Portfolio Europe ETF 0.1 7 72 7.3 -1.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 64 5.8 -2.7
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.4 -2.2
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.1 -1.5
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.2 -1.4
IUS Invesco RAFI Strategic US ETF 0.0 19 60 6.7 -1.9
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.2 -0.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.3 -2.3
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.2 -7.3
URA Global X Uranium ETF 0.0 69 10 1.1 -7.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 6.6 -2.0
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.3 -1.3
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 7.0 -1.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.5 -4.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 9.7 +1.1

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 One Belt One Road Index ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.0 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 8.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.74 CATEGORY
AVERAGE		 1.51
 
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.