KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 10.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 9.8x P/Sales
ratio		 0.7x
P/BV
ratio		 1.1x Div.
yield		 3.9%


  • 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 140
Wgt avg mkt cap (mns) $19,793
Large cap (>$10bn) 56.0%
Mid cap ($2-10bn) 41.0%
Small cap (<$2bn) 3.0%
Developed mkts 18.2%
Emerging mkts 81.8%

TOP TEN HOLDINGS
KUWAIT FINANCE HOUSE 10.0 %
OVERSEA-CHINESE BANKING CORP 5.9 %
PTT PUBLIC CO., LTD. 4.7 %
CHINA YANGTZE POWER CO LTD-A 4.7 %
ELBIT SYSTEMS LTD 2.7 %
CHINA PETROLEUM & CHEMICAL-H 2.5 %
INTL CONTAINER TERM SVCS INC 2.2 %
TURK HAVA YOLLARI AO 2.2 %
BEIJING-SHANGHAI HIGH-SPEED RAILWA 1.9 %
ISRAEL CHEMICALS LTD 1.9 %
Total 38.8 %

TOP COUNTRY EXPOSURE
CHINA 42.0 %
KUWAIT 10.0 %
SINGAPORE 9.5 %
THAILAND 5.3 %
PHILIPPINES 5.2 %
ISRAEL 5.0 %
INDIA 4.8 %
INDONESIA 3.1 %
HONG KONG 2.9 %
TURKEY 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.6% -4.8% 0.7% -- 0.3%

Market Correlations
versus... Beta R-squared
S&P500 0.50 36%
MSCI EAFE 0.69 64%
MSCI Emg. Mkts. 0.70 69%

Technical Indicators
Recent close $21.22
30d moving avg. $20.39
Annualized volatility 14.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $5,312

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 326 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™: 10.3%


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 11.2 65 14 6.5 -3.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 10.7 65 14 8.9 -1.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 10.1 55 24 8.4 -1.9
EWS iShares MSCI Singapore ETF 9.5 50 29 4.0 -6.3
RAYC Rayliant Quantamental China Equity ETF 8.4 80 -1 8.7 -1.7
AFTY Pacer CSOP FTSE China A50 ETF 8.4 70 9 9.2 -1.1
CNYA iShares MSCI China A ETF 8.3 60 19 8.6 -1.7
KALL KraneShares MSCI All China Index ETF 7.6 49 30 9.4 -1.0
ICLN iShares Global Clean Energy ETF 6.5 41 38 4.3 -6.0
FEM First Trust Emerging Markets AlphaDEX Fund 6.5 80 -1 16.3 +6.0
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 6.1 65 14 6.3 -4.0
JCHI JPMorgan Active China ETF 6.1 65 14 7.9 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.8 70 9 11.4 +1.1
DVYA iShares Asia/Pacific Dividend ETF 5.7 49 30 9.1 -1.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.2 50 29 10.5 +0.2
EPHE iShares MSCI Philippines ETF 5.2 59 20 8.9 -1.4
FLCH Franklin FTSE China ETF 5.2 19 60 9.6 -0.8
EIS iShares MSCI Israel ETF 5.0 58 21 9.5 -0.8
KGRN KraneShares MSCI China Clean Technology Index ETF 4.8 79 0 6.5 -3.8
MCHI iShares MSCI China ETF 4.8 59 20 8.9 -1.4
FTAG First Trust Indxx Global Agriculture ETF 4.5 70 9 9.1 -1.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.3 44 35 10.3 -0.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.3 39 40 12.5 +2.2
DVYE iShares Emerging Markets Dividend ETF 4.3 49 30 16.6 +6.3
GVAL Cambria Global Value ETF 4.3 68 11 12.3 +2.0
VIDI Vident International Equity Strategy ETF 4.2 61 18 11.9 +1.6
FTRI First Trust Indxx Global Natural Resources Income ETF 4.2 70 9 10.6 +0.3
EMIF iShares Emerging Markets Infrastructure ETF 4.1 60 19 4.6 -5.7
FCA First Trust China AlphaDEX Fund 3.9 80 -1 17.6 +7.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.7 95 -16 11.4 +1.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.6 25 54 7.0 -3.3
GXC SPDR S&P China ETF 3.6 59 20 9.0 -1.3
CID VictoryShares International High Div Volatility Wtd ETF 3.4 45 34 9.5 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.4 80 -1 10.0 -0.4
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.3 45 34 12.7 +2.4
EYLD Cambria Emerging Shareholder Yield ETF 3.3 66 13 12.1 +1.8
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 30 12.4 +2.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 3.2 80 -1 14.2 +3.8
EPP iShares MSCI Pacific ex-Japan ETF 3.1 47 32 5.4 -5.0
EIDO iShares MSCI Indonesia ETF 3.1 59 20 7.6 -2.8
GMET VanEck Green Metals ETF 3.1 63 16 9.8 -0.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 3.0 68 11 8.8 -1.5
VWID Virtus WMC International Dividend ETF 3.0 49 30 9.4 -0.9
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 10.9 +0.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 19 10.0 -0.3
IDX VanEck Indonesia Index ETF 2.9 57 22 7.9 -2.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.9 80 -1 5.4 -5.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 2.8 19 60 5.8 -4.5
RNEM First Trust Emerging Markets Equity Select ETF 2.8 75 4 8.2 -2.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.8 70 9 6.3 -4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.8 30 49 8.5 -1.8
TUR iShares MSCI Turkey ETF 2.8 58 21 18.6 +8.3
FLAX Franklin FTSE Asia Ex Japan ETF 2.8 19 60 7.2 -3.2
EMMF WisdomTree Emerging Markets Multifactor Fund 2.8 48 31 9.3 -1.0
FXI iShares China Large-Cap ETF 2.8 74 5 9.6 -0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.7 45 34 8.6 -1.8
ITEQ BlueStar Israel Technology ETF BlueStar Israel Technology Fu 2.7 75 4 1.6 -8.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.7 32 47 5.7 -4.7
EDIV SPDR S&P Emerging Markets Dividend ETF 2.7 49 30 10.9 +0.6
DMAT Global X Disruptive Materials ETF 2.6 59 20 9.9 -0.4
EWM iShares MSCI Malaysia ETF 2.5 50 29 5.7 -4.7
BKF iShares MSCI BIC ETF 2.5 69 10 7.1 -3.2
HJEN Direxion Hydrogen ETF 2.5 45 34 -3.2 -13.5
LDEM iShares ESG MSCI EM Leaders ETF 2.4 17 62 7.7 -2.6
VWO Vanguard FTSE Emerging Markets ETF 2.4 8 71 7.6 -2.8
MEM Matthews Emerging Markets Equity Active ETF 2.3 79 0 5.7 -4.6
IZRL ARK Israel Innovative Technology ETF 2.2 49 30 1.5 -8.9
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.2 20 59 10.7 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 2.2 35 44 7.7 -2.6
RODE Hartford Multifactor Diversified International ETF 2.2 29 50 11.5 +1.2
TMFG Motley Fool Global Opportunities ETF 2.2 85 -6 3.3 -7.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.2 29 50 8.3 -2.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 2.2 32 47 6.7 -3.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.2 20 59 7.5 -2.9
EZA iShares MSCI South Africa ETF 2.2 58 21 11.4 +1.1
SHLD Global X Defense Tech ETF 2.2 50 29 4.8 -5.5
SMIN iShares MSCI India Small Cap ETF 2.2 79 0 4.3 -6.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.2 38 41 8.2 -2.1
EEM iShares MSCI Emerging Markets ETF 2.2 69 10 7.0 -3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.2 66 13 7.2 -3.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.1 59 20 9.6 -0.8
GLIN VanEck India Growth Leaders ETF 2.1 77 2 5.3 -5.0
ROAM Hartford Multifactor Emerging Markets ETF 2.1 44 35 11.7 +1.4
GMF SPDR S&P Emerging Asia Pacific ETF 2.0 49 30 6.4 -4.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 68 7.7 -2.6
EEMA iShares MSCI Emerging Markets Asia ETF 2.0 49 30 6.7 -3.7
IEMG iShares Core MSCI Emerging Markets ETF 2.0 9 70 7.5 -2.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.0 90 -11 7.0 -3.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.0 36 43 7.5 -2.9
IQDF FlexShares International Quality Dividend Index Fund 2.0 47 32 10.7 +0.4
DEM WisdomTree Emerging Markets High Dividend Fund 2.0 63 16 12.9 +2.6
AVES Avantis Emerging Markets Value ETF 2.0 36 43 12.1 +1.7
SCHE Schwab Emerging Markets Equity ETF 1.9 11 68 7.6 -2.8
AVEM Avantis Emerging Markets Equity ETF 1.9 33 46 9.1 -1.2
SPEM SPDR Portfolio Emerging Markets ETF 1.9 7 72 7.5 -2.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.9 45 34 4.9 -5.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.9 30 49 7.5 -2.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.9 39 40 12.7 +2.3
ZIG Acquirers Fund 1.9 84 -5 14.1 +3.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.9 22 57 6.2 -4.1
BLLD JPMorgan Sustainable Infrastructure ETF 1.9 49 30 6.2 -4.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.9 41 38 7.8 -2.5
CN Xtrackers MSCI All China Equity ETF 1.9 50 29 8.7 -1.7
PPA Invesco Aerospace & Defense ETF 1.8 58 21 3.5 -6.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 34 6.2 -4.1
LNGG Roundhill Alerian LNG ETF 1.8 65 14 8.5 -1.8
SAGP Strategas Global Policy Opportunities ETF 1.8 65 14 4.5 -5.8
ESGE iShares ESG Aware MSCI EM ETF 1.8 25 54 7.7 -2.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.7 60 19 14.7 +4.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.7 29 50 8.8 -1.6
VEGI iShares MSCI Agriculture Producers ETF 1.7 39 40 9.2 -1.1
COPX Global X Copper Miners ETF 1.7 65 14 6.9 -3.4
EPOL iShares MSCI Poland ETF 1.7 59 20 10.5 +0.2
ARKQ ARK Autonomous Technology & Robotics ETF 1.7 75 4 1.6 -8.7
FIDI Fidelity International High Dividend ETF 1.7 18 61 10.1 -0.2
DEHP Dimensional Emerging Markets High Profitability ETF 1.7 41 38 7.3 -3.1
ARKX ARK Space Exploration & Innovation ETF 1.7 75 4 1.7 -8.6
DTH WisdomTree International High Dividend Fund 1.7 58 21 10.1 -0.2
NUEM Nuveen ESG Emerging Markets Equity ETF 1.7 36 43 6.8 -3.5
JHID John Hancock International High Dividend ETF 1.6 46 33 11.5 +1.1
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 8.3 -2.0
CGXU Capital Group International Focus Equity ETF 1.6 54 25 4.1 -6.2
AIA iShares Asia 50 ETF 1.6 50 29 6.9 -3.5
SDIV Global X Superdividend ETF 1.6 58 21 17.6 +7.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.6 58 21 10.1 -0.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.6 46 33 5.6 -4.8
TCHI iShares MSCI China Multisector Tech ETF 1.6 59 20 3.0 -7.3
MCH Matthews China Active ETF 1.5 79 0 6.1 -4.3
JETS U.S. Global Jets ETF 1.5 60 19 -15.6 -25.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 33 8.8 -1.5
AIVI WisdomTree International AI Enhanced Value Fund 1.5 58 21 8.0 -2.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.5 18 61 7.9 -2.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.4 47 32 10.3 -0.1
LVHI Franklin International Low Volatility High Dividend Index ET 1.4 40 39 10.2 -0.2
TTAI FCF International Quality ETF 1.4 59 20 7.4 -2.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.4 9 70 9.8 -0.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.4 80 -1 10.8 +0.4
DIM WisdomTree International MidCap Dividend Fund 1.4 58 21 7.7 -2.7
EMXF iShares ESG Advanced MSCI EM ETF 1.4 16 63 7.4 -2.9
DWX SPDR S&P International Dividend ETF 1.4 45 34 7.1 -3.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.4 33 46 7.2 -3.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.3 67 12 17.5 +7.2
EMGF iShares Emerging Markets Equity Factor ETF 1.3 25 54 8.7 -1.7
CRUZ Defiance Hotel Airline and Cruise ETF 1.3 45 34 -4.9 -15.2
NDIV Amplify Natural Resources Dividend Income ETF 1.3 59 20 9.7 -0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.3 65 14 12.8 +2.5
IDOG ALPS International Sector Dividend Dogs ETF 1.3 50 29 11.6 +1.3
FDEM Fidelity Emerging Markets Multifactor ETF 1.3 25 54 11.9 +1.6
SETM Sprott Energy Transition Materials ETF 1.3 65 14 5.3 -5.0
EMXC iShares MSCI Emerging Markets ex China ETF 1.3 25 54 6.7 -3.7
IDLV Invesco S&P International Developed Low Volatility ETF 1.3 25 54 5.8 -4.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.3 40 39 7.1 -3.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 40 11.0 +0.7
IGF iShares Global Infrastructure ETF 1.2 41 38 5.0 -5.4
GII SPDR S&P Global Infrastructure ETF 1.2 40 39 5.0 -5.4
VYMI Vanguard International High Dividend Yield ETF 1.2 22 57 9.7 -0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.2 15 64 7.1 -3.3
VRAI Virtus Real Asset Income ETF 1.2 55 24 8.6 -1.8
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 45 10.6 +0.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.1 70 9 7.2 -3.1
STXE Strive Emerging Markets Ex-China ETF 1.1 32 47 6.9 -3.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.1 32 47 7.6 -2.8
JRNY ALPS Global Travel Beneficiaries ETF 1.1 65 14 0.0 -10.3
XCEM Columbia EM Core ex-China ETF 1.1 16 63 7.3 -3.0
FM iShares Frontier and Select EM ETF 1.1 80 -1 9.5 -0.8
EFAS Global X MSCI SuperDividend EAFE ETF 1.0 57 22 9.7 -0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.0 88 -9 6.2 -4.1
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 8.0 -2.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 1.0 24 55 7.1 -3.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.0 80 -1 5.6 -4.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.0 32 47 6.3 -4.1
TPIF Timothy Plan International ETF 1.0 62 17 6.7 -3.6
UAE iShares MSCI UAE ETF 0.9 59 20 9.0 -1.4
DWMF WisdomTree International Multifactor Fund 0.9 38 41 7.3 -3.0
AFK VanEck Africa Index ETF 0.9 98 -19 10.0 -0.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.9 37 42 8.7 -1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.9 24 55 8.6 -1.8
CUT Invesco MSCI Global Timber ETF 0.9 61 18 8.6 -1.8
DWM WisdomTree International Equity Fund 0.9 48 31 7.8 -2.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 8 71 7.2 -3.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 45 6.7 -3.6
XT iShares Exponential Technologies ETF 0.9 46 33 3.9 -6.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.8 -2.5
WNDY Global X Wind Energy ETF 0.9 50 29 5.2 -5.2
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 6.7 -3.7
DOL WisdomTree International LargeCap Dividend Fund 0.8 48 31 7.7 -2.6
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 72 6.9 -3.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 6.7 -3.7
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -4 9.0 -1.3
VXUS Vanguard Total International Stock ETF 0.8 7 72 7.1 -3.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.8 30 49 6.8 -3.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.8 85 -6 8.1 -2.2
SHPP Pacer Industrials and Logistics ETF 0.8 60 19 8.9 -1.4
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.9 -4.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 7.8 -2.6
IQDE FlexShares International Quality Dividend Defensive Index ET 0.8 47 32 10.7 +0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 23 13.9 +3.6
CIL VictoryShares International Volatility Wtd ETF 0.7 45 34 6.9 -3.5
VPL Vanguard FTSE Pacific ETF 0.7 8 71 6.9 -3.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 6.7 -3.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.7 51 28 6.8 -3.5
VSGX Vanguard ESG International Stock ETF 0.7 12 67 6.8 -3.5
AVIV Avantis International Large Cap Value ETF 0.7 25 54 8.9 -1.4
EFV iShares MSCI EAFE Value ETF 0.7 34 45 9.1 -1.2
ISZE iShares MSCI Intl Size Factor ETF 0.7 30 49 6.6 -3.7
FDEV Fidelity International Multifactor ETF 0.7 18 61 7.5 -2.8
MINV Matthews Asia Innovators Active ETF 0.7 79 0 2.8 -7.5
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 2.6 -7.7
EPI WisdomTree India Earnings Fund 0.6 85 -6 6.6 -3.7
DEW WisdomTree Global High Dividend Fund 0.6 58 21 9.1 -1.2
XC WisdomTree Emerging Markets Ex-China Fund 0.6 32 47 6.2 -4.1
GOEX Global X Gold Explorers ETF 0.6 65 14 4.9 -5.4
WOOD iShares Global Timber & Forestry ETF 0.6 42 37 9.6 -0.7
FRDM Freedom 100 Emerging Markets ETF 0.6 49 30 7.3 -3.0
IVAL Alpha Architect International Quantitative Value ETF 0.6 49 30 5.8 -4.5
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.2 -3.1
GLOF iShares Global Equity Factor ETF 0.6 20 59 7.1 -3.3
IQLT iShares MSCI Intl Quality Factor ETF 0.6 30 49 5.7 -4.6
NLR VanEck Uranium+Nuclear Energy ETF 0.6 61 18 4.5 -5.8
THD iShares MSCI Thailand ETF 0.6 58 21 5.8 -4.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 40 7.6 -2.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 32 5.9 -4.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.6 70 9 3.5 -6.9
KROP Global X AgTech & Food Innovation ETF 0.6 50 29 4.7 -5.7
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 50 6.2 -4.2
IDV iShares International Select Dividend ETF 0.5 51 28 12.3 +2.0
UIVM VictoryShares International Value Momentum ETF 0.5 35 44 10.7 +0.3
GNR SPDR S&P Global Natural Resources ETF 0.5 40 39 9.2 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 5.8 -4.5
IGRO iShares International Dividend Growth ETF 0.5 15 64 7.1 -3.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.5 65 14 7.7 -2.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 7 2.2 -8.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 69 8.2 -2.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.5 12 67 5.4 -4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 59 5.6 -4.7
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 59 6.3 -4.0
ZSB USCF Sustainable Battery Metals Strategy Fund 0.5 61 18 14.8 +4.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.5 31 48 6.4 -3.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.5 78 1 8.8 -1.5
RAYS Global X Solar ETF 0.5 51 28 4.7 -5.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 44 6.4 -3.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 6.1 -4.3
ION ProShares S&P Global Core Battery Metals ETF 0.5 58 21 11.6 +1.3
JHMD John Hancock Multifactor Developed International ETF 0.5 39 40 7.4 -2.9
RNRG Global X Renewable Energy Producers ETF 0.4 66 13 4.9 -5.4
FRNW Fidelity Clean Energy ETF 0.4 39 40 3.7 -6.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 0 5.1 -5.2
DTEC ALPS Disruptive Technologies ETF 0.4 50 29 3.3 -7.0
FAN First Trust Global Wind Energy ETF 0.4 60 19 5.5 -4.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 54 7.4 -2.9
AVDE Avantis International Equity ETF 0.4 23 56 7.9 -2.5
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 6.8 -3.5
IQDG WisdomTree International Quality Dividend Growth Fund 0.4 42 37 5.8 -4.5
INTF iShares International Equity Factor ETF 0.4 15 64 7.8 -2.5
ISRA VanEck Israel ETF 0.4 59 20 8.9 -1.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 59 6.3 -4.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 6.7 -3.7
IXG iShares Global Financials ETF 0.4 42 37 6.8 -3.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 6.8 -3.5
PIN Invesco India ETF 0.4 78 1 3.8 -6.6
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 3.0 -7.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 21 5.5 -4.8
EFA iShares MSCI EAFE ETF 0.4 35 44 6.4 -3.9
TEMP JPMorgan Climate Change Solutions ETF 0.4 49 30 4.7 -5.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 6.4 -3.9
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.9 -3.5
SCHY Schwab International Dividend Equity ETF 0.4 14 65 9.2 -1.1
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 50 5.8 -4.5
FLIN Franklin FTSE India ETF 0.4 19 60 5.2 -5.1
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 2.7 -7.6
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.5 -4.9
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 17 3.7 -6.7
MOTI VanEck Morningstar International Moat ETF 0.3 58 21 6.9 -3.4
LIT Global X Lithium & Battery Tech ETF 0.3 75 4 10.2 -0.1
IQSI IQ Candriam International Equity ETF 0.3 15 64 6.4 -3.9
SCHF Schwab International Equity ETF 0.3 6 73 7.0 -3.3
DFIV Dimensional International Value ETF 0.3 27 52 9.8 -0.5
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 6.7 -3.6
VEA Vanguard FTSE Developed Markets ETF 0.3 5 74 7.0 -3.3
GLIF AGF Global Infrastructure ETF 0.3 45 34 5.5 -4.8
GCOW Pacer Global Cash Cows Dividend ETF 0.3 60 19 13.6 +3.3
VT Vanguard Total World Stock ETF 0.3 7 72 5.8 -4.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 67 5.1 -5.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 40 6.9 -3.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.9 -3.4
QINT American Century Quality Diversified International ETF 0.3 39 40 7.4 -2.9
INDA iShares MSCI India ETF 0.3 65 14 3.7 -6.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 72 6.5 -3.8
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 6.9 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 37 6.8 -3.5
IQIN IQ 500 International ETF 0.3 25 54 8.8 -1.5
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 49 10.6 +0.3
DIHP Dimensional International High Profitability ETF 0.2 29 50 6.9 -3.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 54 9.1 -1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 40 7.3 -3.0
HAP VanEck Natural Resources ETF 0.2 50 29 9.5 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 34 8.5 -1.9
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.2 -4.1
CLNR IQ Cleaner Transport ETF 0.2 45 34 8.3 -2.1
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 7.4 -2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 6.7 -3.6
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 49 6.0 -4.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 0.0 -10.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.2 30 49 6.8 -3.5
IDMO Invesco S&P International Developed Momentum ETF 0.2 25 54 7.0 -3.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 70 5.7 -4.6
FILL iShares MSCI Global Energy Producers ETF 0.1 39 40 9.0 -1.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.1 24 55 6.7 -3.6
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 64 5.6 -4.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 37 5.1 -5.2
AVDV Avantis International Small Cap Value ETF 0.1 36 43 8.0 -2.4
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.3 -5.0
ETEC iShares Breakthrough Environmental Solutions ETF 0.1 47 32 5.3 -5.0
KSTR KraneShares SSE STAR Market 50 Index ETF 0.1 89 -10 2.7 -7.7
URTH iShares MSCI World ETF 0.1 24 55 5.4 -4.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.5 -4.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 59 6.9 -3.4
EFG iShares MSCI EAFE Growth ETF 0.1 36 43 4.1 -6.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 65 6.2 -4.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -1 11.0 +0.7
VGK Vanguard FTSE Europe ETF 0.0 11 68 6.8 -3.5
SPEU SPDR Portfolio Europe ETF 0.0 7 72 6.6 -3.8
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -10 4.8 -5.6
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 6.7 -3.6
FLEE Franklin FTSE Europe ETF 0.0 9 70 6.8 -3.5
URA Global X Uranium ETF 0.0 69 10 3.9 -6.5

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
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

Content on this tab for subscribers only

VALUATION METRICS
  2023 2024E 2025E
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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 10.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.39
 
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.