KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 8.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 12.5x P/Sales
ratio		 1.1x
P/BV
ratio		 1.3x Div.
yield		 5.8%


  • 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) $21,836
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 10.2 %
OVERSEA-CHINESE BANKING CORP 7.4 %
CHINA YANGTZE POWER CO LTD-A 4.9 %
ELBIT SYSTEMS LTD 4.3 %
PTT PUBLIC CO., LTD. 4.1 %
IMPALA PLATINUM HOLDINGS LTD 2.7 %
CHINA PETROLEUM & CHEMICAL-H 2.4 %
KGHM POLSKA MIEDZ S.A. 2.3 %
TURK HAVA YOLLARI AO 2.2 %
ISRAEL CHEMICALS LTD 2.1 %
Total 42.6 %

TOP COUNTRY EXPOSURE
CHINA 40.6 %
KUWAIT 10.5 %
SINGAPORE 10.0 %
ISRAEL 6.9 %
INDIA 5.4 %
INDONESIA 5.1 %
SOUTH AFRICA 4.4 %
THAILAND 4.1 %
HONG KONG 3.2 %
TURKEY 2.4 %

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.
12.5% 9.7% 6.0% -- 1.9%

Market Correlations
versus... Beta R-squared
S&P500 0.46 27%
MSCI EAFE 0.60 47%
MSCI Emg. Mkts. 0.72 71%

Technical Indicators
Recent close $23.95
30d moving avg. $23.01
Annualized volatility 14.5%
Short interest (ETF) 0.2%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 343 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™: 8.8%


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 11.1 65 14 7.1 -1.7
KGRN KraneShares MSCI China Clean Technology Index ETF 11.1 79 0 3.7 -5.2
EWS iShares MSCI Singapore ETF 11.1 50 29 5.3 -3.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 10.4 65 14 7.8 -1.0
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.3 55 24 8.2 -0.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.1 70 9 14.5 +5.7
GMET VanEck Green Metals ETF 7.0 63 16 9.6 +0.8
KALL KraneShares MSCI All China Index ETF 6.8 49 30 14.7 +5.9
EIS iShares MSCI Israel ETF 6.7 58 21 7.7 -1.1
JCHI JPMorgan Active China ETF 6.0 65 14 15.8 +7.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.8 50 29 11.5 +2.7
FTAG First Trust Indxx Global Agriculture ETF 5.8 70 9 8.3 -0.5
RAYC Rayliant Quantamental China Equity ETF 5.7 80 -1 8.6 -0.2
ICLN iShares Global Clean Energy ETF 5.5 41 38 5.9 -2.9
DMAT Global X Disruptive Materials ETF 5.2 59 20 9.7 +0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.9 80 -1 9.6 +0.8
IDX VanEck Indonesia Index ETF 4.9 57 22 9.6 +0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 11.0 +2.2
ITEQ BlueStar Israel Technology ETF 4.3 75 4 1.8 -7.0
DVYE iShares Emerging Markets Dividend ETF 4.2 49 30 19.0 +10.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.1 25 54 6.5 -2.3
CNYA iShares MSCI China A ETF 4.1 60 19 7.0 -1.8
EMIF iShares Emerging Markets Infrastructure ETF 4.0 60 19 6.7 -2.2
FEM First Trust Emerging Markets AlphaDEX Fund 4.0 80 -1 12.2 +3.4
EIDO iShares MSCI Indonesia ETF 3.9 59 20 9.9 +1.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 10.7 +1.9
FTRI First Trust Indxx Global Natural Resources Income ETF 3.9 70 9 8.2 -0.6
FLCH Franklin FTSE China ETF 3.8 19 60 16.6 +7.8
DVYA iShares Asia/Pacific Dividend ETF 3.7 49 30 8.5 -0.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.5 39 40 16.3 +7.5
GVAL Cambria Global Value ETF 3.5 68 11 11.1 +2.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 3.5 85 -6 9.9 +1.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 3.4 65 14 5.9 -2.9
ION ProShares S&P Global Core Battery Metals ETF 3.3 58 21 11.6 +2.8
EZA iShares MSCI South Africa ETF 3.2 58 21 10.5 +1.7
EPP iShares MSCI Pacific ex-Japan ETF 3.2 47 32 5.4 -3.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.2 19 60 6.0 -2.8
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 30 16.0 +7.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 34 10.5 +1.7
AVES Avantis Emerging Markets Value ETF 2.9 36 43 11.6 +2.8
FTHF First Trust Emerging Markets Human Flourishing ETF 2.9 75 4 8.5 -0.3
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 13.4 +4.6
RODE Hartford Multifactor Diversified International ETF 2.9 29 50 12.7 +3.9
IQDF FlexShares International Quality Dividend Index Fund 2.8 47 32 9.3 +0.5
VIDI Vident International Equity Strategy ETF 2.8 61 18 11.4 +2.6
MCHI iShares MSCI China ETF 2.8 59 20 17.7 +8.9
FCA First Trust China AlphaDEX Fund 2.7 80 -1 9.0 +0.2
VWID Virtus WMC International Dividend ETF 2.7 49 30 8.9 +0.1
VEGI iShares MSCI Agriculture Producers ETF 2.7 39 40 8.6 -0.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.6 35 44 19.3 +10.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.6 47 32 8.5 -0.3
CCNR ALPS CoreCommodity Natural Resources ETF 2.5 39 40 11.6 +2.8
EYLD Cambria Emerging Shareholder Yield ETF 2.5 66 13 12.4 +3.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.5 19 60 9.5 +0.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.5 80 -1 14.4 +5.6
GXC SPDR S&P China ETF 2.5 59 20 16.3 +7.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.5 30 49 9.9 +1.1
SHLD Global X Defense Tech ETF 2.5 50 29 3.5 -5.3
TUR iShares MSCI Turkey ETF 2.4 58 21 20.9 +12.1
EMMF WisdomTree Emerging Markets Multifactor Fund 2.4 48 31 7.8 -1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.4 29 50 7.9 -0.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.4 80 -1 5.5 -3.3
PPA Invesco Aerospace & Defense ETF 2.4 58 21 2.6 -6.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.4 60 19 7.2 -1.6
IDOG ALPS International Sector Dividend Dogs ETF 2.4 50 29 12.4 +3.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.4 80 -1 10.0 +1.2
SDIV Global X Superdividend ETF 2.4 58 21 41.0 +32.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.3 95 -16 12.8 +4.0
COPX Global X Copper Miners ETF 2.3 65 14 8.1 -0.7
EPOL iShares MSCI Poland ETF 2.3 59 20 10.9 +2.1
ICOP iShares Copper and Metals Mining ETF 2.3 47 32 9.0 +0.2
SILJ ETFMG Prime Junior Silver Miners ETF 2.3 69 10 3.0 -5.8
AGMI Themes Silver Miners ETF 2.3 35 44 6.5 -2.3
LDEM iShares ESG MSCI EM Leaders ETF 2.3 17 62 13.2 +4.4
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 13.3 +4.5
ROAM Hartford Multifactor Emerging Markets ETF 2.2 44 35 12.0 +3.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.2 22 57 5.7 -3.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 11.8 +3.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 10.4 +1.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.2 80 -1 4.9 -4.0
NUEM Nuveen ESG Emerging Markets Equity ETF 2.1 36 43 7.9 -1.0
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 49 30 3.2 -5.6
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 9.2 +0.4
AIVI WisdomTree International AI Enhanced Value Fund 2.0 58 21 7.4 -1.4
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 68 10.2 +1.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 10.0 +1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.0 70 9 9.3 +0.5
PICK iShares MSCI Global Metals & Mining Producers ETF 2.0 39 40 14.0 +5.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 10.4 +1.6
TTAI FCF International Quality ETF 1.9 59 20 7.0 -1.8
CGV Conductor Global Equity Value ETF 1.9 130 -51 8.6 -0.2
JHID John Hancock International High Dividend ETF 1.8 46 33 9.9 +1.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.8 32 47 17.4 +8.6
VWO Vanguard FTSE Emerging Markets ETF 1.8 7 72 10.6 +1.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.8 36 43 9.9 +1.1
DIM WisdomTree International MidCap Dividend Fund 1.8 58 21 7.6 -1.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.8 33 46 10.1 +1.3
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 6.1 -2.7
EWM iShares MSCI Malaysia ETF 1.8 50 29 7.0 -1.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 9.5 +0.7
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 9.5 +0.7
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 54 12.9 +4.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.7 9 70 9.2 +0.4
DWMF WisdomTree International Multifactor Fund 1.7 38 41 7.0 -1.9
EV Mast Global Battery Recycling & Production ETF 1.7 65 14 10.6 +1.8
SAGP Strategas Global Policy Opportunities ETF 1.7 65 14 5.2 -3.6
BKF iShares MSCI BIC ETF 1.7 69 10 13.2 +4.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.6 49 30 9.6 +0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.6 41 38 8.9 +0.1
SPEM SPDR Portfolio Emerging Markets ETF 1.6 7 72 10.6 +1.8
IPAV Global X Infrastructure Development ex-U.S. ETF 1.6 55 24 7.6 -1.2
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 10.5 +1.7
IZRL ARK Israel Innovative Technology ETF 1.6 49 30 2.1 -6.7
ECON Columbia Emerging Markets Consumer ETF 1.5 49 30 12.4 +3.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.5 60 19 11.0 +2.2
EDIV SPDR S&P Emerging Markets Dividend ETF 1.5 49 30 12.0 +3.2
EEM iShares MSCI Emerging Markets ETF 1.5 69 10 10.3 +1.5
STXE Strive Emerging Markets Ex-China ETF 1.5 32 47 7.8 -1.0
ARKX ARK Space Exploration & Innovation ETF 1.5 75 4 -0.2 -9.0
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 11.2 +2.4
JETS U.S. Global Jets ETF 1.4 60 19 2.8 -6.0
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 4 0.5 -8.3
URAN Themes Uranium & Nuclear ETF 1.4 35 44 1.8 -7.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.4 32 47 5.9 -2.9
AIA iShares Asia 50 ETF 1.4 50 29 13.4 +4.6
IEMG iShares Core MSCI Emerging Markets ETF 1.4 9 70 10.5 +1.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 9.8 +1.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.4 29 50 8.8 -0.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.4 65 14 3.6 -5.2
TPIF Timothy Plan International ETF 1.4 62 17 6.2 -2.6
RGEF Rockefeller Global Equity ETF 1.4 55 24 4.9 -3.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.4 46 33 5.6 -3.2
RFDI First Trust Riverfront Dynamic Developed International ETF 1.4 83 -4 9.7 +0.9
XT iShares Exponential Technologies ETF 1.4 46 33 4.8 -4.0
TCHI iShares MSCI China Multisector Tech ETF 1.3 59 20 17.3 +8.5
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 22 8.5 -0.3
AIRL Themes Airlines ETF 1.3 35 44 1.8 -7.0
DTH WisdomTree International High Dividend Fund 1.3 58 21 8.9 +0.1
AFK VanEck Africa Index ETF 1.3 98 -19 11.9 +3.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 6.8 -2.0
WNDY Global X Wind Energy ETF 1.3 50 29 5.6 -3.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.3 42 37 9.9 +1.1
FXI iShares China Large-Cap ETF 1.3 74 5 17.0 +8.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.2 15 64 8.2 -0.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 64 4.6 -4.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.2 49 30 10.2 +1.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.2 30 49 10.4 +1.6
BOAT SonicShares Global Shipping ETF 1.2 69 10 32.2 +23.4
EMXF iShares ESG Advanced MSCI EM ETF 1.2 16 63 8.5 -0.3
FENI Fidelity Enhanced International ETF 1.2 28 51 6.7 -2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 1.2 15 64 7.7 -1.1
SMIN iShares MSCI India Small Cap ETF 1.2 79 0 3.6 -5.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.2 29 50 6.5 -2.3
ISRA VanEck Israel ETF 1.2 59 20 7.0 -1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.2 32 47 9.3 +0.5
IPOS Renaissance International IPO ETF 1.2 80 -1 10.0 +1.2
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 3 5.4 -3.5
FIDI Fidelity International High Dividend ETF 1.1 18 61 9.0 +0.2
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -10 4.8 -4.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.1 40 39 7.1 -1.7
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 9.9 +1.1
ESGE iShares ESG Aware MSCI EM ETF 1.1 25 54 10.1 +1.3
EFRA iShares Environmental Infrastructure and Industrials ETF 1.1 47 32 5.2 -3.6
IVAL Alpha Architect International Quantitative Value ETF 1.1 49 30 10.6 +1.8
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.1 33 46 8.7 -0.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 26 7.7 -1.1
UIVM VictoryShares International Value Momentum ETF 1.1 35 44 8.9 +0.1
IDMO Invesco S&P International Developed Momentum ETF 1.1 25 54 5.4 -3.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.0 70 9 7.8 -1.0
SETM Sprott Energy Transition Materials ETF 1.0 65 14 3.7 -5.1
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 54 6.5 -2.3
CIL VictoryShares International Volatility Wtd ETF 1.0 45 34 6.6 -2.2
DEEP Roundhill Acquirers Deep Value ETF 1.0 80 -1 17.8 +9.0
XCEM Columbia EM Core ex-China ETF 1.0 16 63 8.2 -0.6
EMXC iShares MSCI Emerging Markets ex China ETF 1.0 25 54 7.7 -1.1
GNR SPDR S&P Global Natural Resources ETF 1.0 40 39 11.6 +2.8
DEHP Dimensional Emerging Markets High Profitability ETF 1.0 41 38 6.9 -1.9
TEMP JPMorgan Climate Change Solutions ETF 1.0 49 30 5.7 -3.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.9 30 49 7.0 -1.8
GII SPDR S&P Global Infrastructure ETF 0.9 40 39 4.7 -4.1
IGF iShares Global Infrastructure ETF 0.9 41 38 4.7 -4.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.9 9 70 8.1 -0.7
DWM WisdomTree International Equity Fund 0.9 48 31 7.5 -1.3
EPI WisdomTree India Earnings Fund 0.9 85 -6 4.7 -4.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.6 -1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.9 65 14 11.6 +2.8
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 6.7 -2.1
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 49 5.4 -3.4
IWTR iShares MSCI Water Management Multisector ETF 0.8 47 32 5.7 -3.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 59 5.9 -2.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 8.2 -0.6
INTF iShares International Equity Factor ETF 0.8 15 64 7.9 -1.0
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.7 -3.1
XC WisdomTree Emerging Markets Ex-China Fund 0.8 32 47 6.1 -2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.8 -1.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 9.3 +0.5
VXUS Vanguard Total International Stock ETF 0.7 5 74 8.0 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 61 7.7 -1.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.7 24 55 8.2 -0.6
IQLT iShares MSCI Intl Quality Factor ETF 0.7 30 49 6.2 -2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 49 8.1 -0.7
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 3.7 -5.1
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 3.7 -5.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 45 7.9 -1.0
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 24 8.2 -0.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.5 -0.3
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 8.0 -0.8
VPL Vanguard FTSE Pacific ETF 0.7 7 72 7.2 -1.7
GLOF iShares Global Equity Factor ETF 0.7 20 59 6.7 -2.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 55 7.5 -1.3
EMGF iShares Emerging Markets Equity Factor ETF 0.7 25 54 12.0 +3.2
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 7.4 -1.4
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 11.0 +2.2
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 4 7.0 -1.8
UAE iShares MSCI UAE ETF 0.7 59 20 0.0 -8.8
ERTH Invesco MSCI Sustainable Future ETF 0.6 62 17 3.7 -5.2
AVDV Avantis International Small Cap Value ETF 0.6 36 43 10.2 +1.4
EFV iShares MSCI EAFE Value ETF 0.6 34 45 9.4 +0.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.6 67 12 13.8 +5.0
VSGX Vanguard ESG International Stock ETF 0.6 10 69 7.9 -0.9
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.7 -0.1
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 7.3 -1.5
FLIN Franklin FTSE India ETF 0.6 19 60 3.9 -4.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.6 61 18 8.8 -0.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 7.2 -1.7
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 8.4 -0.4
CUT Invesco MSCI Global Timber ETF 0.6 61 18 10.2 +1.4
AVSE Avantis Responsible Emerging Markets Equity ETF 0.6 33 46 8.7 -0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.5 -3.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.6 45 34 4.5 -4.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 1 9.4 +0.6
AVDE Avantis International Equity ETF 0.6 23 56 7.6 -1.2
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.7 -1.1
PIN Invesco India ETF 0.5 78 1 4.3 -4.5
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.4 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 5.9 -2.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 6.8 -2.1
QINT American Century Quality Diversified International ETF 0.5 39 40 7.4 -1.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.5 20 59 6.5 -2.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 7.0 -1.8
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.7 -2.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 5.3 -3.5
GOEX Global X Gold Explorers ETF 0.5 65 14 4.3 -4.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 44 6.8 -2.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 40 5.9 -2.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 6.3 -2.5
WWJD Inspire International ETF 0.5 80 -1 7.3 -1.5
EFA iShares MSCI EAFE ETF 0.4 35 44 6.9 -1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 45 5.9 -2.9
INDA iShares MSCI India ETF 0.4 65 14 4.4 -4.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 7.0 -1.8
FRNW Fidelity Clean Energy ETF 0.4 39 40 4.1 -4.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 0 5.2 -3.6
DTEC ALPS Disruptive Technologies ETF 0.4 50 29 3.8 -5.0
FAN First Trust Global Wind Energy ETF 0.4 60 19 4.6 -4.2
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 1.6 -7.2
RNRG Global X Renewable Energy Producers ETF 0.4 66 13 5.7 -3.1
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 10.8 +2.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 7.2 -1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 30 7.0 -1.8
DIHP Dimensional International High Profitability ETF 0.4 29 50 7.2 -1.6
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 7.2 -1.6
BKIE BNY Mellon International Equity ETF 0.4 4 75 7.1 -1.7
EPHE iShares MSCI Philippines ETF 0.4 59 20 0.0 -8.8
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.7 -3.1
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 3.6 -5.2
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 7.8 -1.0
IXG iShares Global Financials ETF 0.4 42 37 6.7 -2.1
RAYS Global X Solar ETF 0.4 51 28 7.4 -1.4
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 7.2 -1.6
SCHF Schwab International Equity ETF 0.4 6 73 7.4 -1.4
GLIN VanEck India Growth Leaders ETF 0.3 77 2 6.3 -2.6
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 7.3 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 7.2 -1.6
AVIV Avantis International Large Cap Value ETF 0.3 25 54 9.0 +0.2
STXI Strive International Developed Markets ETF 0.3 29 50 7.0 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 8.2 -0.6
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.3 -1.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 9.6 +0.8
CLNR IQ Cleaner Transport ETF 0.3 45 34 6.6 -2.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 34 8.9 +0.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 5.8 -3.0
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 6.9 -1.9
HAP VanEck Natural Resources ETF 0.3 50 29 9.8 +1.0
VT Vanguard Total World Stock ETF 0.3 6 73 6.0 -2.8
DXIV Dimensional International Vector Equity ETF 0.3 34 45 8.0 -0.8
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.7 -3.1
IGRO iShares International Dividend Growth ETF 0.3 15 64 7.1 -1.7
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 4.3 -4.5
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 34 6.0 -2.8
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 7.6 -1.2
DFIV Dimensional International Value ETF 0.2 27 52 10.1 +1.3
BLES Inspire Global Hope ETF 0.2 61 18 6.8 -2.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 7 -0.8 -9.6
LIMI Themes Lithium & Battery Metal Miners ETF 0.2 35 44 8.0 -0.8
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.1 -1.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 5.3 -3.6
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 19 8.1 -0.7
WDIV SPDR S&P Global Dividend ETF 0.2 40 39 9.6 +0.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 14 8.2 -0.6
AVDS Avantis International Small Cap Equity ETF 0.2 30 49 7.6 -1.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.8 -2.0
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.4 -2.4
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 6.1 -2.7
FDVV Fidelity High Dividend ETF 0.2 15 64 7.9 -0.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 7.0 -1.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.5 -3.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 5.9 -2.9
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 50 6.6 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 37 6.7 -2.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.7 -3.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.3 -3.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.9 -2.9
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.2 -3.6
URTH iShares MSCI World ETF 0.1 24 55 5.3 -3.5
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 8.5 -0.3
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 8.8 -0.0
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 8.1 -0.7
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 8.5 -0.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.2 -1.6
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.2 -1.6
FILL iShares MSCI Global Energy Producers ETF 0.1 39 40 12.1 +3.3
GWX SPDR S&P International Small Cap ETF 0.1 40 39 6.3 -2.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 6.1 -2.7
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.8 -2.0
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.4 -1.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 3.9 -4.9
IUS Invesco RAFI Strategic US ETF 0.1 19 60 6.8 -2.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 6.4 -2.4
VGK Vanguard FTSE Europe ETF 0.0 6 73 7.4 -1.4
SPEU SPDR Portfolio Europe ETF 0.0 7 72 7.3 -1.5
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.1 -2.7
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.2 -1.6
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.4 -1.4
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.4 -0.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 6.9 -1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.6 -2.2
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.3 -1.5
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 2.2 -6.7
URA Global X Uranium ETF 0.0 69 10 1.9 -6.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 7.2 -1.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.8 -4.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 10.7 +1.9

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%.

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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 12.0 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 8.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.73 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.