KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 8.0% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 13.4x P/Sales
ratio		 0.9x
P/BV
ratio		 1.3x Div.
yield		 6.4%


  • 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 124
Wgt avg mkt cap (mns) $24,464
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 October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
20.6% 13.0% 5.7% -- 2.7%

Market Correlations
versus... Beta R-squared
S&P500 0.55 27%
MSCI EAFE 0.57 38%
MSCI Emg. Mkts. 0.59 47%

Technical Indicators
Recent close $25.34
30d moving avg. $25.68
Annualized volatility 13.6%
Short interest (ETF) 0.3%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 3
Turnover 2.0%
Bid/Ask (% of price) 0.43%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 349 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™: 8.0%


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 0.5 -7.5
ASEA Global X FTSE Southeast Asia ETF 11.4 65 14 6.3 -1.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.4 65 14 7.1 -0.9
EWS iShares MSCI Singapore ETF 11.3 50 29 4.9 -3.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.4 55 24 7.3 -0.7
DMAT Global X Disruptive Materials ETF 8.1 59 20 7.2 -0.8
GMET VanEck Green Metals ETF 7.4 63 16 7.9 -0.0
KALL KraneShares MSCI All China Index ETF 7.4 49 30 12.7 +4.7
RAYC Rayliant Quantamental China Equity ETF 6.4 80 -1 8.2 +0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.2 50 29 10.4 +2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.1 70 9 12.0 +4.1
JCHI JPMorgan Active China ETF 6.0 65 14 14.6 +6.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 5.9 85 -6 6.1 -1.9
ITEQ BlueStar Israel Technology ETF 5.9 75 4 1.8 -6.1
EIS iShares MSCI Israel ETF 5.8 58 21 7.9 -0.1
IDX VanEck Indonesia Index ETF 5.5 57 22 7.3 -0.7
FEM First Trust Emerging Markets AlphaDEX Fund 5.4 80 -1 11.6 +3.7
FTAG First Trust Indxx Global Agriculture ETF 5.1 70 9 8.6 +0.7
ICLN iShares Global Clean Energy ETF 5.0 41 38 3.4 -4.6
GDFN Tema International Defense Innov ETF 4.9 75 4 3.3 -4.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.8 80 -1 9.7 +1.7
JEDI Defiance Drone and Modern Warfare ETF 4.8 69 10 0.0 -8.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 10.5 +2.6
DVYE iShares Emerging Markets Dividend ETF 4.3 49 30 18.1 +10.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.0 65 14 5.3 -2.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.0 25 54 6.5 -1.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 10.2 +2.3
FLCH Franklin FTSE China ETF 3.8 19 60 15.6 +7.7
FTRI First Trust Indxx Global Natural Resources Income ETF 3.7 70 9 8.0 +0.1
DVYA iShares Asia/Pacific Dividend ETF 3.7 49 30 7.5 -0.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.7 39 40 15.6 +7.6
EPP iShares MSCI Pacific ex-Japan ETF 3.5 47 32 5.4 -2.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.5 80 -1 6.2 -1.8
CNYA iShares MSCI China A ETF 3.5 60 19 7.2 -0.8
GVAL Cambria Global Value ETF 3.4 68 11 10.7 +2.7
ION ProShares S&P Global Core Battery Metals ETF 3.4 58 21 7.2 -0.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.6 -2.3
FCA First Trust China AlphaDEX Fund 3.3 80 -1 9.0 +1.1
EMIF iShares Emerging Markets Infrastructure ETF 3.3 60 19 4.7 -3.3
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 30 15.0 +7.0
VWID Virtus WMC International Dividend ETF 3.1 49 30 8.2 +0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.1 45 34 9.7 +1.8
EZA iShares MSCI South Africa ETF 3.1 58 21 9.9 +1.9
AVES Avantis Emerging Markets Value ETF 3.0 36 43 10.9 +2.9
DFEV Dimensional Emerging Markets Value ETF 2.8 43 36 12.0 +4.1
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 32 8.6 +0.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.6 80 -1 14.2 +6.3
MCHI iShares MSCI China ETF 2.6 59 20 17.0 +9.0
RODE Hartford Multifactor Diversified International ETF 2.6 29 50 10.3 +2.4
FLAX Franklin FTSE Asia Ex Japan ETF 2.6 19 60 8.5 +0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 32 8.1 +0.1
VEGI iShares MSCI Agriculture Producers ETF 2.5 39 40 9.3 +1.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.5 35 44 16.4 +8.4
SHLD Global X Defense Tech ETF 2.5 50 29 3.3 -4.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 8.0 0.0
PPA Invesco Aerospace & Defense ETF 2.4 58 21 2.5 -5.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.4 30 49 8.8 +0.8
GXC SPDR S & P China ETF 2.4 59 20 16.0 +8.0
COPX Global X Copper Miners ETF 2.4 65 14 6.1 -1.9
EPOL iShares MSCI Poland ETF 2.4 59 20 11.5 +3.5
ICOP iShares Copper and Metals Mining ETF 2.4 47 32 8.3 +0.4
SILJ ETFMG Prime Junior Silver Miners ETF 2.4 69 10 1.5 -6.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 13.0 +5.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.3 29 50 7.8 -0.2
SAGP Strategas Global Policy Opportunities ETF 2.3 65 14 5.7 -2.3
JADE JPMorgan Active Developing Markets Equity ETF 2.3 65 14 7.8 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 2.2 36 43 7.3 -0.6
FTHF First Trust Emerging Markets Human Flourishing ETF 2.2 75 4 9.4 +1.5
AGMI Themes Silver Miners ETF 2.2 35 44 4.6 -3.4
PICK iShares MSCI Global Metals & Mining Producers ETF 2.2 39 40 11.3 +3.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.2 22 57 6.0 -1.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 9.8 +1.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 8.7 +0.7
LDEM iShares ESG MSCI EM Leaders ETF 2.2 17 62 14.0 +6.1
EIDO iShares MSCI Indonesia ETF 2.2 59 20 7.8 -0.2
SDIV Global X Superdividend ETF 2.2 58 21 42.4 +34.4
CCNR ALPS CoreCommodity Natural Resources ETF 2.1 39 40 9.6 +1.6
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 8.3 +0.4
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 68 9.4 +1.4
VIDI Vident International Equity Strategy ETF 2.1 61 18 10.7 +2.7
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 29 11.8 +3.8
AIVI WisdomTree International AI Enhanced Value Fund 2.1 58 21 7.1 -0.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.1 95 -16 11.1 +3.2
TUR iShares MSCI Turkey ETF 2.1 58 21 17.2 +9.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 9.7 +1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.0 29 50 9.0 +1.0
ROAM Hartford Multifactor Emerging Markets ETF 2.0 44 35 11.2 +3.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.0 32 47 13.9 +5.9
EMMF WisdomTree Emerging Markets Multifactor Fund 2.0 48 31 7.1 -0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 9.0 +1.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -1 8.9 +0.9
DIM WisdomTree International MidCap Dividend Fund 1.9 58 21 7.4 -0.6
TTAI FCF International Quality ETF 1.9 59 20 7.3 -0.7
CGV Conductor Global Equity Value ETF 1.9 130 -51 8.2 +0.2
IMOM Alpha Architect International Quantitative Momentum ETF 1.9 49 30 4.7 -3.3
DWMF WisdomTree International Multifactor Fund 1.9 38 41 7.2 -0.8
JHID John Hancock International High Dividend ETF 1.9 46 33 8.8 +0.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.9 36 43 9.2 +1.2
VWO Vanguard FTSE Emerging Markets ETF 1.9 7 72 10.2 +2.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 9 8.6 +0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.8 9 70 8.9 +1.0
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 24 7.0 -0.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 8.7 +0.7
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 5.9 -2.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 46 9.5 +1.5
JHEM John Hancock Multifactor Emerging Markets ETF 1.7 49 30 9.5 +1.6
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 8.7 +0.7
EV Mast Global Battery Recycling & Production ETF 1.7 65 14 6.7 -1.2
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 72 10.5 +2.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 38 8.3 +0.3
EEMO Invesco S&P Emerging Markets Momentum ETF 1.6 29 50 7.7 -0.3
IZRL ARK Israel Innovative Technology ETF 1.6 49 30 1.6 -6.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.6 49 30 9.5 +1.6
AFK VanEck Africa Index ETF 1.6 98 -19 15.1 +7.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 47 6.1 -1.9
BKF iShares MSCI BIC ETF 1.6 69 10 13.1 +5.1
EYLD Cambria Emerging Shareholder Yield ETF 1.6 66 13 11.8 +3.8
TPIF Timothy Plan International ETF 1.6 62 17 6.2 -1.7
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 10.6 +2.7
EDIV SPDR S&P Emerging Markets Dividend ETF 1.5 49 30 9.5 +1.5
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 54 12.2 +4.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 9.6 +1.7
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 20 17.4 +9.5
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.4 42 37 9.8 +1.8
RGEF Rockefeller Global Equity ETF 1.4 55 24 4.7 -3.2
ECON Columbia Emerging Markets Consumer ETF 1.4 49 30 11.9 +3.9
JETS U.S. Global Jets ETF 1.4 60 19 3.6 -4.4
EEM iShares MSCI Emerging Markets ETF 1.4 69 10 9.6 +1.7
IEMG iShares Core MSCI Emerging Markets ETF 1.4 9 70 9.9 +1.9
FXI iShares China Large-Cap ETF 1.4 74 5 17.0 +9.1
AIA iShares Asia 50 ETF 1.4 50 29 13.0 +5.0
JIVE JPMorgan International Value ETF 1.4 55 24 11.2 +3.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 64 7.6 -0.4
URAN Themes Uranium & Nuclear ETF 1.3 35 44 1.5 -6.5
DTH WisdomTree International High Dividend Fund 1.3 58 21 8.2 +0.2
ARKX ARK Space Exploration & Innovation ETF 1.3 75 4 0.3 -7.7
AIRL Themes Airlines ETF 1.3 35 44 3.2 -4.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 6.5 -1.5
FENI Fidelity Enhanced International ETF 1.3 28 51 6.4 -1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.7 -2.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 19 10.9 +2.9
XCNY SPDR S&P Emerging Markets ex-China ETF 1.3 15 64 7.3 -0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 47 8.5 +0.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 64 5.1 -2.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.2 80 -1 4.4 -3.6
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.2 33 46 8.2 +0.3
STXE Strive Emerging Markets Ex-China ETF 1.2 32 47 7.4 -0.5
EMXF iShares ESG Advanced MSCI EM ETF 1.2 16 63 8.1 +0.1
SMIN iShares MSCI India Small Cap ETF 1.2 79 0 3.7 -4.3
ARKQ ARK Autonomous Technology & Robotics ETF 1.2 75 4 1.3 -6.7
ZSB USCF Sustainable Battery Metals Strategy Fund 1.2 61 18 5.4 -2.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.2 70 9 7.6 -0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.2 30 49 9.7 +1.8
FIDI Fidelity International High Dividend ETF 1.2 18 61 8.4 +0.4
IPOS Renaissance International IPO ETF 1.2 80 -1 2.6 -5.4
GDX VanEck Gold Miners ETF 1.2 51 28 4.0 -4.0
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 9.3 +1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -4 9.3 +1.3
CIL VictoryShares International Volatility Wtd ETF 1.1 45 34 6.5 -1.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 26 7.3 -0.6
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -10 5.3 -2.7
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 30 9.2 +1.2
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 54 6.7 -1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.0 40 39 6.7 -1.3
SETM Sprott Energy Transition Materials ETF 1.0 65 14 2.1 -5.9
XCEM Columbia EM Core ex-China ETF 1.0 16 63 7.7 -0.2
ISRA VanEck Israel ETF 1.0 59 20 7.1 -0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.0 30 49 7.0 -1.0
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 7.9 -0.1
UIVM VictoryShares International Value Momentum ETF 1.0 35 44 8.6 +0.6
GII SPDR S&P Global Infrastructure ETF 0.9 40 39 4.7 -3.3
IGF iShares Global Infrastructure ETF 0.9 41 38 4.7 -3.3
DWM WisdomTree International Equity Fund 0.9 48 31 7.3 -0.7
RNEM First Trust Emerging Markets Equity Select ETF 0.9 75 4 8.5 +0.5
EWM iShares MSCI Malaysia ETF 0.9 50 29 6.5 -1.5
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 47 5.5 -2.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.3 -0.7
INTF iShares International Equity Factor ETF 0.9 15 64 7.6 -0.4
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 30 5.6 -2.3
UAE iShares MSCI UAE ETF 0.9 59 20 0.0 -8.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.9 25 54 7.1 -0.9
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 6.3 -1.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.8 41 38 6.5 -1.5
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 49 5.6 -2.3
CUT Invesco MSCI Global Timber ETF 0.8 61 18 11.5 +3.5
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 6.4 -1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 7.7 -0.3
GLOF iShares Global Equity Factor ETF 0.8 20 59 6.9 -1.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 7.9 -0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 55 7.4 -0.6
BOAT SonicShares Global Shipping ETF 0.8 69 10 26.2 +18.2
DEEP Roundhill Acquirers Deep Value ETF 0.8 80 -1 19.9 +11.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 32 5.6 -2.4
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 24 7.9 -0.1
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 30 10.8 +2.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.8 65 14 4.8 -3.1
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 54 9.4 +1.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 7.4 -0.6
GOEX Global X Gold Explorers ETF 0.8 65 14 3.0 -4.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 7.5 -0.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 59 6.0 -2.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 34 1.4 -6.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.3 -0.7
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.8 -2.2
XT iShares Exponential Technologies ETF 0.8 46 33 4.9 -3.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 7.9 -0.1
VXUS Vanguard Total International Stock ETF 0.8 5 74 7.8 -0.1
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 4.9 -3.0
GNR SPDR S&P Global Natural Resources ETF 0.7 40 39 10.7 +2.7
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 7.7 -0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.1 +0.1
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 3.7 -4.3
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 3.7 -4.3
BOTT Themes Robotics & Automation ETF 0.7 35 44 -1.4 -9.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 45 7.5 -0.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 14 10.6 +2.6
ABLD Abacus FCF Real Assets Leaders ETF 0.7 69 10 6.9 -1.1
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 9.8 +1.8
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 7.1 -0.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 14.8 +6.9
EPI WisdomTree India Earnings Fund 0.7 85 -6 4.8 -3.2
IDMO Invesco S&P International Developed Momentum ETF 0.7 25 54 6.0 -1.9
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 3.6 -4.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -11 4.9 -3.0
EMGF iShares Emerging Markets Equity Factor ETF 0.7 25 54 10.9 +2.9
AVSE Avantis Responsible Emerging Markets Equity ETF 0.7 33 46 8.1 +0.1
VPL Vanguard FTSE Pacific ETF 0.6 7 72 6.6 -1.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.5 -2.5
VSGX Vanguard ESG International Stock ETF 0.6 10 69 7.7 -0.2
EFV iShares MSCI EAFE Value ETF 0.6 34 45 8.9 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 7.1 -0.9
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.5 +0.5
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 7.1 -0.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.6 34 45 5.8 -2.2
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.5 -0.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 40 6.0 -2.0
FLIN Franklin FTSE India ETF 0.6 19 60 3.9 -4.0
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.9 -0.1
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.7 -0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 6.5 -1.4
PIN Invesco India ETF 0.5 78 1 4.6 -3.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 6.1 -1.9
FRNW Fidelity Clean Energy ETF 0.5 39 40 2.4 -5.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 0 5.3 -2.7
DTEC ALPS Disruptive Technologies ETF 0.5 50 29 3.9 -4.0
FAN First Trust Global Wind Energy ETF 0.5 60 19 4.2 -3.8
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 5.3 -2.7
EPHE iShares MSCI Philippines ETF 0.5 59 20 0.0 -8.0
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 4.5 -3.5
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 34 5.5 -2.5
AVDE Avantis International Equity ETF 0.5 23 56 7.3 -0.7
QINT American Century Quality Diversified International ETF 0.5 39 40 7.1 -0.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 5.1 -2.8
WWJD Inspire International ETF 0.5 80 -1 7.3 -0.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 6.7 -1.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.5 20 59 6.4 -1.6
AVDV Avantis International Small Cap Value ETF 0.5 36 43 9.2 +1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 43 6.5 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 59 6.8 -1.2
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.4 -1.5
EFA iShares MSCI EAFE ETF 0.5 35 44 6.6 -1.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 6.5 -1.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 9.1 +1.2
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.9 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 30 7.2 -0.8
INDA iShares MSCI India ETF 0.4 65 14 4.5 -3.5
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 10.0 +2.0
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 1.7 -6.3
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 7.0 -1.0
DIHP Dimensional International High Profitability ETF 0.4 29 50 6.9 -1.1
IXG iShares Global Financials ETF 0.4 42 37 6.8 -1.1
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.3 -2.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 14 8.0 0.0
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 7.6 -0.4
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 3.5 -4.5
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 6.9 -1.0
POW VistaShares Electrification Supercycle ETF 0.4 75 4 3.7 -4.3
SCHF Schwab International Equity ETF 0.4 6 73 7.1 -0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 7 -1.3 -9.2
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 44 3.8 -4.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.9 -1.1
CLNR IQ Cleaner Transport ETF 0.3 45 34 5.0 -2.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 34 8.7 +0.7
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 7.1 -0.9
STXI Strive International Developed Markets ETF 0.3 29 50 6.5 -1.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 7.9 -0.1
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.0 -0.9
DXIV Dimensional International Vector Equity ETF 0.3 34 45 7.8 -0.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 9.3 +1.3
IGRO iShares International Dividend Growth ETF 0.3 15 64 7.2 -0.8
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 6.7 -1.3
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 4.4 -3.6
VT Vanguard Total World Stock ETF 0.3 6 73 5.9 -2.0
AVIV Avantis International Large Cap Value ETF 0.3 25 54 8.5 +0.5
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.6 -2.4
BLES Inspire Global Hope ETF 0.3 61 18 7.1 -0.9
DFIC Dimensional International Core Equity 2 ETF 0.3 23 56 7.4 -0.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 5.7 -2.3
HAP VanEck Natural Resources ETF 0.3 50 29 9.1 +1.2
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.1 -0.9
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 9.2 +1.3
DFIV Dimensional International Value ETF 0.2 27 52 9.2 +1.3
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 19 7.7 -0.2
WDIV SPDR S&P Global Dividend ETF 0.2 40 39 9.1 +1.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 5.2 -2.7
GEW Cambria Global EW ETF 0.2 29 50 0.0 -8.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 7.5 -0.5
OPTZ Optimize Strategy Index ETF 0.2 50 29 5.0 -2.9
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.4 -1.6
AVDS Avantis International Small Cap Equity ETF 0.2 30 49 7.2 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 6.0 -2.0
FDVV Fidelity High Dividend ETF 0.2 15 64 7.8 -0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 37 6.5 -1.4
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 6.6 -1.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.5 -2.5
GWX SPDR S&P International Small Cap ETF 0.1 40 39 7.0 -1.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.8 -2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 5.7 -2.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 39 7.1 -0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.3 -2.7
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.8 -2.2
URTH iShares MSCI World ETF 0.1 24 55 5.2 -2.8
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 8.6 +0.6
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.1 -2.8
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 7.5 -0.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 8.5 +0.5
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 8.4 +0.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.9 -0.0
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.6 -0.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 3.9 -4.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 6.1 -1.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 7.8 -0.2
VGK Vanguard FTSE Europe ETF 0.1 6 73 7.5 -0.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 6.4 -1.6
SPEU SPDR Portfolio Europe ETF 0.1 7 72 7.4 -0.6
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.3 -0.7
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.6 -1.4
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.2 -0.7
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.2 -0.7
IUS Invesco RAFI Strategic US ETF 0.0 19 60 7.0 -0.9
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.4 +0.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.3 -1.6
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.8 -6.2
URA Global X Uranium ETF 0.0 69 10 1.5 -6.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 7.0 -1.0
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.3 -0.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 7.3 -0.7
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.9 -3.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 9.8 +1.8

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 11.1 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.54
 
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.