KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 8.8% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 12.3x P/Sales
ratio		 0.9x
P/BV
ratio		 1.3x Div.
yield		 5.4%


  • 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 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 August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
15.1% 11.3% 4.4% -- 2.2%

Market Correlations
versus... Beta R-squared
S&P500 0.52 30%
MSCI EAFE 0.59 45%
MSCI Emg. Mkts. 0.69 65%

Technical Indicators
Recent close $25.05
30d moving avg. $24.46
Annualized volatility 14.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.3%
Bid/Ask (% of price) 0.14%
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™: 8.8%


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 11.6 65 14 6.6 -2.2
KGRN KraneShares MSCI China Clean Technology Index ETF 11.5 79 0 0.3 -8.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.4 65 14 6.9 -2.0
EWS iShares MSCI Singapore ETF 11.3 50 29 4.8 -4.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.4 55 24 6.9 -1.9
DMAT Global X Disruptive Materials ETF 8.4 59 20 7.3 -1.5
KALL KraneShares MSCI All China Index ETF 7.4 49 30 15.0 +6.2
GMET VanEck Green Metals ETF 7.3 63 16 8.4 -0.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.8 70 9 13.0 +4.2
EIS iShares MSCI Israel ETF 6.7 58 21 7.9 -0.9
RAYC Rayliant Quantamental China Equity ETF 6.4 80 -1 7.3 -1.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.2 50 29 10.6 +1.8
JCHI JPMorgan Active China ETF 6.0 65 14 14.6 +5.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 5.9 85 -6 8.8 -0.1
ITEQ BlueStar Israel Technology ETF 5.9 75 4 1.6 -7.2
IDX VanEck Indonesia Index ETF 5.5 57 22 7.3 -1.6
FTAG First Trust Indxx Global Agriculture ETF 5.4 70 9 8.4 -0.4
WAR U.S. Global Tech and Aerospace & Defense ETF 5.0 60 19 3.6 -5.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.0 80 -1 8.7 -0.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 10.4 +1.6
ICLN iShares Global Clean Energy ETF 4.3 41 38 5.0 -3.8
DVYE iShares Emerging Markets Dividend ETF 4.2 49 30 18.5 +9.7
FEM First Trust Emerging Markets AlphaDEX Fund 4.2 80 -1 10.9 +2.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.0 65 14 4.8 -4.0
FTRI First Trust Indxx Global Natural Resources Income ETF 4.0 70 9 7.5 -1.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 10.6 +1.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 54 6.5 -2.3
FLCH Franklin FTSE China ETF 3.8 19 60 15.1 +6.3
EMIF iShares Emerging Markets Infrastructure ETF 3.7 60 19 4.9 -4.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.6 39 40 15.8 +7.0
CNYA iShares MSCI China A ETF 3.6 60 19 6.2 -2.6
DVYA iShares Asia/Pacific Dividend ETF 3.4 49 30 7.6 -1.2
ION ProShares S&P Global Core Battery Metals ETF 3.4 58 21 9.2 +0.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.7 -3.1
FCA First Trust China AlphaDEX Fund 3.3 80 -1 7.9 -0.9
GVAL Cambria Global Value ETF 3.3 68 11 10.3 +1.5
EZA iShares MSCI South Africa ETF 3.3 58 21 9.8 +1.0
VWID Virtus WMC International Dividend ETF 3.1 49 30 8.3 -0.5
FTHF First Trust Emerging Markets Human Flourishing ETF 3.1 75 4 8.0 -0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.1 45 34 10.0 +1.2
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 30 15.2 +6.4
EPP iShares MSCI Pacific ex-Japan ETF 3.1 47 32 5.0 -3.8
AVES Avantis Emerging Markets Value ETF 3.0 36 43 10.8 +2.0
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 12.9 +4.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.8 80 -1 13.5 +4.7
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 32 8.8 -0.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.7 35 44 17.6 +8.8
RODE Hartford Multifactor Diversified International ETF 2.6 29 50 11.4 +2.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.6 19 60 8.9 +0.1
VEGI iShares MSCI Agriculture Producers ETF 2.6 39 40 8.8 -0.1
PPA Invesco Aerospace & Defense ETF 2.6 58 21 2.5 -6.4
SHLD Global X Defense Tech ETF 2.5 50 29 3.1 -5.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 32 8.2 -0.6
MCHI iShares MSCI China ETF 2.5 59 20 16.5 +7.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 8.1 -0.7
COPX Global X Copper Miners ETF 2.4 65 14 6.9 -1.9
EPOL iShares MSCI Poland ETF 2.4 59 20 11.1 +2.3
ICOP iShares Copper and Metals Mining ETF 2.4 47 32 8.0 -0.8
SILJ ETFMG Prime Junior Silver Miners ETF 2.4 69 10 2.1 -6.7
AGMI Themes Silver Miners ETF 2.4 35 44 4.8 -4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.4 30 49 9.0 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.4 80 -1 5.8 -3.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -1 9.3 +0.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 13.0 +4.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.3 29 50 7.7 -1.2
GXC SPDR S&P China ETF 2.3 59 20 14.6 +5.8
SAGP Strategas Global Policy Opportunities ETF 2.3 65 14 5.4 -3.4
NUEM Nuveen ESG Emerging Markets Equity ETF 2.2 36 43 7.7 -1.1
EIDO iShares MSCI Indonesia ETF 2.2 59 20 8.3 -0.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 9.7 +0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 8.6 -0.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.2 95 -16 11.4 +2.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.1 22 57 5.7 -3.1
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 8.4 -0.4
LDEM iShares ESG MSCI EM Leaders ETF 2.1 17 62 13.4 +4.6
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 68 9.6 +0.8
EYLD Cambria Emerging Shareholder Yield ETF 2.1 66 13 12.1 +3.3
VIDI Vident International Equity Strategy ETF 2.1 61 18 10.6 +1.8
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 29 12.0 +3.2
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 49 30 3.2 -5.7
AIVI WisdomTree International AI Enhanced Value Fund 2.1 58 21 7.0 -1.8
TUR iShares MSCI Turkey ETF 2.1 58 21 17.5 +8.7
PICK iShares MSCI Global Metals & Mining Producers ETF 2.0 39 40 12.2 +3.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 9.9 +1.1
SDIV Global X Superdividend ETF 2.0 58 21 40.9 +32.1
ROAM Hartford Multifactor Emerging Markets ETF 2.0 44 35 11.8 +3.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.0 32 47 15.0 +6.2
EMMF WisdomTree Emerging Markets Multifactor Fund 2.0 48 31 7.3 -1.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 9.2 +0.4
IZRL ARK Israel Innovative Technology ETF 1.9 49 30 1.2 -7.6
DIM WisdomTree International MidCap Dividend Fund 1.9 58 21 7.4 -1.4
TTAI FCF International Quality ETF 1.9 59 20 7.3 -1.5
CGV Conductor Global Equity Value ETF 1.9 130 -51 8.0 -0.8
DWMF WisdomTree International Multifactor Fund 1.9 38 41 7.0 -1.8
JHID John Hancock International High Dividend ETF 1.9 46 33 9.4 +0.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.9 36 43 9.5 +0.7
VWO Vanguard FTSE Emerging Markets ETF 1.8 7 72 9.9 +1.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.8 9 70 9.1 +0.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 9 8.9 +0.1
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 24 7.6 -1.2
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 6.1 -2.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.7 38 41 8.9 +0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 46 9.7 +0.9
JHEM John Hancock Multifactor Emerging Markets ETF 1.7 49 30 9.9 +1.1
EV Mast Global Battery Recycling & Production ETF 1.7 65 14 10.5 +1.7
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 9.0 +0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 47 6.0 -2.8
SPEM SPDR Portfolio Emerging Markets ETF 1.6 7 72 10.3 +1.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.6 41 38 8.4 -0.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.6 49 30 9.2 +0.4
BKF iShares MSCI BIC ETF 1.6 69 10 13.1 +4.3
TPIF Timothy Plan International ETF 1.6 62 17 6.2 -2.7
CCNR ALPS CoreCommodity Natural Resources ETF 1.5 39 40 10.6 +1.8
ARKX ARK Space Exploration & Innovation ETF 1.5 75 4 -0.3 -9.1
JETS U.S. Global Jets ETF 1.5 60 19 2.7 -6.1
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 54 12.3 +3.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.5 29 50 9.1 +0.3
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 10.6 +1.8
EDIV SPDR S&P Emerging Markets Dividend ETF 1.4 49 30 11.6 +2.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 9.5 +0.7
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 20 15.6 +6.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.4 42 37 9.4 +0.6
ECON Columbia Emerging Markets Consumer ETF 1.4 49 30 11.9 +3.1
XT iShares Exponential Technologies ETF 1.4 46 33 4.8 -4.0
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 4 0.4 -8.4
EEM iShares MSCI Emerging Markets ETF 1.4 69 10 9.9 +1.1
AFK VanEck Africa Index ETF 1.4 98 -19 11.5 +2.7
AIA iShares Asia 50 ETF 1.4 50 29 11.9 +3.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 64 7.6 -1.2
RGEF Rockefeller Global Equity ETF 1.3 55 24 4.7 -4.1
IEMG iShares Core MSCI Emerging Markets ETF 1.3 9 70 10.1 +1.3
URAN Themes Uranium & Nuclear ETF 1.3 35 44 1.4 -7.4
DTH WisdomTree International High Dividend Fund 1.3 58 21 8.3 -0.5
AIRL Themes Airlines ETF 1.3 35 44 1.7 -7.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 6.8 -2.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.3 65 14 4.2 -4.7
FENI Fidelity Enhanced International ETF 1.3 28 51 6.5 -2.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.6 -3.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 19 10.4 +1.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 64 4.6 -4.2
STXE Strive Emerging Markets Ex-China ETF 1.3 32 47 7.6 -1.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 47 8.9 +0.1
FXI iShares China Large-Cap ETF 1.2 74 5 17.6 +8.8
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.2 33 46 8.4 -0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 1.2 83 -4 9.2 +0.4
XCNY SPDR S&P Emerging Markets ex-China ETF 1.2 15 64 7.6 -1.2
SMIN iShares MSCI India Small Cap ETF 1.2 79 0 4.0 -4.9
ZSB USCF Sustainable Battery Metals Strategy Fund 1.2 61 18 7.9 -0.9
EMXF iShares ESG Advanced MSCI EM ETF 1.2 16 63 8.3 -0.5
FIDI Fidelity International High Dividend ETF 1.2 18 61 8.5 -0.3
IPOS Renaissance International IPO ETF 1.2 80 -1 2.2 -6.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.1 30 49 10.0 +1.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.1 29 50 6.3 -2.5
CIL VictoryShares International Volatility Wtd ETF 1.1 45 34 6.6 -2.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 26 7.6 -1.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 30 9.8 +1.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.1 70 9 7.5 -1.3
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -10 4.8 -4.0
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 9.4 +0.6
IDMO Invesco S&P International Developed Momentum ETF 1.0 25 54 5.3 -3.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.0 40 39 6.9 -1.9
IGF iShares Global Infrastructure ETF 1.0 41 38 4.7 -4.1
GII SPDR S&P Global Infrastructure ETF 1.0 40 39 4.7 -4.1
XCEM Columbia EM Core ex-China ETF 1.0 16 63 8.1 -0.7
ISRA VanEck Israel ETF 1.0 59 20 7.2 -1.6
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 7.9 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 54 6.2 -2.6
UIVM VictoryShares International Value Momentum ETF 1.0 35 44 8.8 +0.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.9 30 49 6.9 -1.9
DWM WisdomTree International Equity Fund 0.9 48 31 7.3 -1.5
EWM iShares MSCI Malaysia ETF 0.9 50 29 6.8 -2.0
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 47 6.2 -2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.4 -1.5
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 30 5.8 -3.0
SETM Sprott Energy Transition Materials ETF 0.9 65 14 2.6 -6.2
UAE iShares MSCI UAE ETF 0.9 59 20 0.0 -8.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.9 25 54 7.5 -1.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 38 6.5 -2.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 49 5.4 -3.4
GNR SPDR S&P Global Natural Resources ETF 0.8 40 39 10.8 +2.0
CUT Invesco MSCI Global Timber ETF 0.8 61 18 10.4 +1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 55 7.3 -1.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 7.9 -0.9
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 6.2 -2.6
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 54 9.8 +1.0
BOAT SonicShares Global Shipping ETF 0.8 69 10 25.9 +17.1
ABLD Abacus FCF Real Assets Leaders ETF 0.8 69 10 6.7 -2.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 32 5.2 -3.6
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 30 9.6 +0.8
GOEX Global X Gold Explorers ETF 0.8 65 14 2.8 -6.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 7.8 -1.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 7.8 -1.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 7.7 -1.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 34 4.0 -4.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.4 -1.4
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.7 -3.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 14 11.9 +3.1
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 6.2 -2.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 8.5 -0.3
INTF iShares International Equity Factor ETF 0.7 15 64 7.5 -1.3
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 5.1 -3.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -1 4.9 -3.9
VXUS Vanguard Total International Stock ETF 0.7 5 74 7.7 -1.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 6.2 -2.6
DEEP Roundhill Acquirers Deep Value ETF 0.7 80 -1 16.7 +7.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.2 -0.6
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 3.6 -5.2
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 4.2 -4.6
BOTT Themes Robotics & Automation ETF 0.7 35 44 3.8 -5.0
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 4 7.5 -1.3
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 7.7 -1.1
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 10.4 +1.6
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 7.1 -1.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 13.5 +4.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 45 7.6 -1.2
EPI WisdomTree India Earnings Fund 0.7 85 -6 5.2 -3.6
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 3.6 -5.2
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 24 7.7 -1.1
GLOF iShares Global Equity Factor ETF 0.7 20 59 6.3 -2.5
AVSE Avantis Responsible Emerging Markets Equity ETF 0.7 33 46 8.2 -0.6
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 54 11.3 +2.5
VPL Vanguard FTSE Pacific ETF 0.6 7 72 6.7 -2.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 7.0 -1.8
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.3 -0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.5 -3.3
VSGX Vanguard ESG International Stock ETF 0.6 10 69 7.5 -1.3
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 6.9 -1.9
EFV iShares MSCI EAFE Value ETF 0.6 34 45 9.0 +0.2
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.5 -1.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -11 6.7 -2.1
PIN Invesco India ETF 0.6 78 1 4.7 -4.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 40 5.6 -3.2
FLIN Franklin FTSE India ETF 0.6 19 60 4.2 -4.6
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 8.0 -0.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 4.7 -4.1
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 5.7 -3.1
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.4 -1.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 6.6 -2.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 5.9 -3.0
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 1.4 -7.4
FRNW Fidelity Clean Energy ETF 0.5 39 40 3.2 -5.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 0 4.9 -3.9
DTEC ALPS Disruptive Technologies ETF 0.5 50 29 3.9 -4.9
FAN First Trust Global Wind Energy ETF 0.5 60 19 4.6 -4.2
SMOG VanEck Low Carbon Energy ETF 0.5 61 18 1.7 -7.1
EPHE iShares MSCI Philippines ETF 0.5 59 20 0.0 -8.8
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 34 6.1 -2.7
AVDE Avantis International Equity ETF 0.5 23 56 7.3 -1.6
QINT American Century Quality Diversified International ETF 0.5 39 40 7.2 -1.6
WWJD Inspire International ETF 0.5 80 -1 7.2 -1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 6.8 -2.0
AVDV Avantis International Small Cap Value ETF 0.5 36 43 9.2 +0.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 43 6.5 -2.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.5 20 59 6.3 -2.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 59 7.0 -1.9
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.6 -2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.5 34 45 6.0 -2.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 44 6.6 -2.3
INDA iShares MSCI India ETF 0.4 65 14 4.7 -4.2
EFA iShares MSCI EAFE ETF 0.4 35 44 6.6 -2.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 9.1 +0.3
BKIE BNY Mellon International Equity ETF 0.4 4 75 7.0 -1.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 30 6.7 -2.1
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 6.9 -1.9
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.6 -3.2
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 10.2 +1.4
DIHP Dimensional International High Profitability ETF 0.4 29 50 7.1 -1.7
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 7.5 -1.3
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 3.4 -5.4
IXG iShares Global Financials ETF 0.4 42 37 6.5 -2.3
GLIN VanEck India Growth Leaders ETF 0.4 77 2 6.8 -2.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 7 -0.9 -9.7
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 44 6.7 -2.1
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 6.9 -1.9
SCHF Schwab International Equity ETF 0.3 6 73 7.2 -1.6
CLNR IQ Cleaner Transport ETF 0.3 45 34 6.6 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 7.8 -1.0
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 7.1 -1.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.9 -1.9
STXI Strive International Developed Markets ETF 0.3 29 50 6.6 -2.2
HAP VanEck Natural Resources ETF 0.3 50 29 9.3 +0.5
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.0 -1.8
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 6.7 -2.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 9.4 +0.6
IGRO iShares International Dividend Growth ETF 0.3 15 64 7.2 -1.6
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 4.3 -4.5
AVIV Avantis International Large Cap Value ETF 0.3 25 54 8.5 -0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 34 8.7 -0.1
DXIV Dimensional International Vector Equity ETF 0.3 34 45 7.7 -1.1
BLES Inspire Global Hope ETF 0.3 61 18 6.7 -2.1
VT Vanguard Total World Stock ETF 0.3 6 73 5.8 -3.0
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.5 -3.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 5.6 -3.3
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 12.3 +3.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 14 7.6 -1.2
DFIV Dimensional International Value ETF 0.2 27 52 9.5 +0.7
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.1 -1.7
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 7.3 -1.5
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 19 7.8 -1.0
WDIV SPDR S&P Global Dividend ETF 0.2 40 39 9.1 +0.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 5.1 -3.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.0 -2.8
AVDS Avantis International Small Cap Equity ETF 0.2 30 49 7.2 -1.7
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.3 -2.5
FDVV Fidelity High Dividend ETF 0.2 15 64 7.6 -1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 37 7.0 -1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 5.9 -2.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.3 -3.5
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 50 6.6 -2.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.8 -3.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 39 6.8 -2.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.1 -3.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 5.6 -3.2
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.6 -3.2
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 8.1 -0.7
URTH iShares MSCI World ETF 0.1 24 55 5.0 -3.8
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.0 -3.8
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 8.6 -0.2
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 7.9 -0.9
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 7.9 -0.9
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.5 -1.3
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.2 -1.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.9 -2.9
GWX SPDR S&P International Small Cap ETF 0.1 40 39 5.8 -3.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 3.6 -5.2
FILL iShares MSCI Global Energy Producers ETF 0.1 39 40 11.5 +2.7
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.5 -2.3
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.2 -1.6
VGK Vanguard FTSE Europe ETF 0.1 6 73 7.5 -1.4
SPEU SPDR Portfolio Europe ETF 0.0 7 72 7.4 -1.5
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.3 -2.5
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.2 -1.6
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.2 -1.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 64 5.8 -3.0
IUS Invesco RAFI Strategic US ETF 0.0 19 60 6.8 -2.0
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.0 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 6.7 -2.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.4 -2.4
URA Global X Uranium ETF 0.0 69 10 1.6 -7.3
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.7 -7.1
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.4 -1.5
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 7.0 -1.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.6 -4.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 10.3 +1.5

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 8.8 %
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.