KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 10.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 10.0x P/Sales
ratio		 0.7x
P/BV
ratio		 1.1x Div.
yield		 3.7%


  • 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) $3
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 141
Wgt avg mkt cap (mns) $22,575
Large cap (>$10bn) 60.6%
Mid cap ($2-10bn) 37.7%
Small cap (<$2bn) 1.8%
Developed mkts 20.3%
Emerging mkts 79.7%

TOP TEN HOLDINGS
KUWAIT FINANCE HOUSE 10.0 %
OVERSEA-CHINESE BANKING CORP 7.3 %
CHINA YANGTZE POWER CO LTD-A 5.3 %
PTT PUBLIC CO., LTD. 3.8 %
CHINA PETROLEUM & CHEMICAL-H 2.6 %
TURK HAVA YOLLARI AO 2.2 %
ELBIT SYSTEMS LTD 2.1 %
BEIJING-SHANGHAI HIGH-SPEED RAILWA 2.0 %
KGHM POLSKA MIEDZ S.A. 2.0 %
PT CHANDRA ASRI PETROCHEMICAL TBK 1.9 %
Total 39.1 %

TOP COUNTRY EXPOSURE
CHINA 41.8 %
KUWAIT 10.0 %
SINGAPORE 9.8 %
INDONESIA 6.8 %
THAILAND 4.1 %
INDIA 4.1 %
ISRAEL 4.0 %
HONG KONG 3.7 %
SOUTH AFRICA 2.5 %
TURKEY 2.5 %

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.
9.8% 15.4% 2.5% -- 1.4%

Market Correlations
versus... Beta R-squared
S&P500 0.49 32%
MSCI EAFE 0.64 56%
MSCI Emg. Mkts. 0.76 77%

Technical Indicators
Recent close $22.20
30d moving avg. $22.99
Annualized volatility 15.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $8,463

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 345 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
(%)
KGRN KraneShares MSCI China Clean Technology Index ETF 13.0 79 0 5.6 -4.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.7 65 14 7.9 -2.3
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 11.5 55 24 8.5 -1.8
ASEA Global X FTSE Southeast Asia ETF 10.8 65 14 6.3 -4.0
AFTY Pacer CSOP FTSE China A50 ETF 10.2 70 9 9.0 -1.2
EWS iShares MSCI Singapore ETF 9.8 50 29 5.0 -5.3
KALL KraneShares MSCI All China Index ETF 8.6 49 30 9.0 -1.3
RAYC Rayliant Quantamental China Equity ETF 8.6 80 -1 8.6 -1.7
CNYA iShares MSCI China A ETF 8.1 60 19 8.0 -2.3
JCHI JPMorgan Active China ETF 7.6 65 14 8.0 -2.3
FEM First Trust Emerging Markets AlphaDEX Fund 6.9 80 -1 13.0 +2.8
IDX VanEck Indonesia Index ETF 6.6 57 22 8.8 -1.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.0 70 9 9.2 -1.1
GMET VanEck Green Metals ETF 5.9 63 16 10.7 +0.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 5.5 65 14 6.2 -4.1
FLCH Franklin FTSE China ETF 5.3 19 60 8.8 -1.5
ICLN iShares Global Clean Energy ETF 5.2 41 38 6.0 -4.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.1 50 29 13.0 +2.7
EIDO iShares MSCI Indonesia ETF 5.0 59 20 7.5 -2.8
FCA First Trust China AlphaDEX Fund 4.9 80 -1 16.2 +5.9
EMIF iShares Emerging Markets Infrastructure ETF 4.9 60 19 8.5 -1.8
EIS iShares MSCI Israel ETF 4.7 58 21 8.5 -1.8
DVYA iShares Asia/Pacific Dividend ETF 4.6 49 30 9.0 -1.3
DVYE iShares Emerging Markets Dividend ETF 4.4 49 30 18.8 +8.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 10.6 +0.4
FTAG First Trust Indxx Global Agriculture ETF 4.2 70 9 9.7 -0.6
MCHI iShares MSCI China ETF 4.2 59 20 8.4 -1.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.0 39 40 12.5 +2.2
VIDI Vident International Equity Strategy ETF 3.9 61 18 10.2 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 3.6 48 31 8.8 -1.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.5 80 -1 5.6 -4.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.3 45 34 12.3 +2.0
GXC SPDR S&P China ETF 3.2 59 20 8.3 -1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 30 12.2 +2.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.2 25 54 6.6 -3.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 3.1 35 44 12.4 +2.1
GVAL Cambria Global Value ETF 3.1 68 11 13.1 +2.8
AVES Avantis Emerging Markets Value ETF 3.1 36 43 11.6 +1.3
DMAT Global X Disruptive Materials ETF 3.1 59 20 10.5 +0.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.0 60 19 9.8 -0.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.9 80 -1 7.6 -2.7
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 11.1 +0.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.8 80 -1 12.3 +2.0
EPP iShares MSCI Pacific ex-Japan ETF 2.8 47 32 4.9 -5.4
SETM Sprott Energy Transition Materials ETF 2.8 65 14 6.0 -4.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.8 95 -16 10.5 +0.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 2.7 19 60 5.4 -4.9
FLAX Franklin FTSE Asia Ex Japan ETF 2.7 19 60 6.9 -3.4
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 13 13.2 +2.9
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 32 12.9 +2.6
TUR iShares MSCI Turkey ETF 2.5 58 21 19.7 +9.4
ROAM Hartford Multifactor Emerging Markets ETF 2.5 44 35 15.8 +5.5
VWID Virtus WMC International Dividend ETF 2.5 49 30 9.6 -0.7
EZA iShares MSCI South Africa ETF 2.4 58 21 10.3 +0.1
RNEM First Trust Emerging Markets Equity Select ETF 2.4 75 4 7.6 -2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.4 59 20 11.3 +1.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.4 70 9 6.2 -4.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.3 30 49 8.1 -2.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.3 20 59 6.8 -3.5
LDEM iShares ESG MSCI EM Leaders ETF 2.3 17 62 7.6 -2.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.3 47 32 9.4 -0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.2 66 13 10.0 -0.3
FXI iShares China Large-Cap ETF 2.2 74 5 8.2 -2.1
EWM iShares MSCI Malaysia ETF 2.2 50 29 5.5 -4.8
BKF iShares MSCI BIC ETF 2.2 69 10 6.9 -3.4
FTHF First Trust Emerging Markets Human Flourishing ETF 2.2 75 4 8.9 -1.4
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 68 8.4 -1.9
AIA iShares Asia 50 ETF 2.1 50 29 6.6 -3.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.1 22 57 6.6 -3.7
IZRL ARK Israel Innovative Technology ETF 2.1 49 30 1.3 -9.0
ITEQ BlueStar Israel Technology ETF 2.1 75 4 1.2 -9.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.1 32 47 6.1 -4.2
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 8.9 -1.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.1 15 64 7.2 -3.0
SHLD Global X Defense Tech ETF 2.1 50 29 4.6 -5.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.0 36 43 7.8 -2.5
GMF SPDR S&P Emerging Asia Pacific ETF 2.0 49 30 6.1 -4.1
RODE Hartford Multifactor Diversified International ETF 2.0 29 50 11.8 +1.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.0 63 16 18.9 +8.6
VWO Vanguard FTSE Emerging Markets ETF 2.0 8 71 6.9 -3.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.0 45 34 11.0 +0.7
COPX Global X Copper Miners ETF 2.0 65 14 8.2 -2.1
EPOL iShares MSCI Poland ETF 2.0 59 20 12.9 +2.6
ICOP iShares Copper and Metals Mining ETF 2.0 47 32 10.1 -0.2
AGMI Themes Silver Miners ETF 2.0 35 44 4.5 -5.8
GLIN VanEck India Growth Leaders ETF 2.0 77 2 5.7 -4.6
DFAE Dimensional Emerging Core Equity Market ETF 2.0 35 44 7.3 -3.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.9 29 50 8.7 -1.6
FIDI Fidelity International High Dividend ETF 1.9 18 61 10.9 +0.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.9 29 50 8.6 -1.7
BLLD JPMorgan Sustainable Infrastructure ETF 1.9 49 30 5.7 -4.6
ION ProShares S&P Global Core Battery Metals ETF 1.9 58 21 15.5 +5.3
TCHI iShares MSCI China Multisector Tech ETF 1.9 59 20 1.9 -8.4
EEM iShares MSCI Emerging Markets ETF 1.9 69 10 6.9 -3.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 7.8 -2.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.8 49 30 16.1 +5.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.8 60 19 13.4 +3.1
SPEM SPDR Portfolio Emerging Markets ETF 1.8 7 72 7.3 -3.0
IPOS Renaissance International IPO ETF 1.8 80 -1 -0.8 -11.1
FPXI First Trust International Equity Opportunities ETF 1.8 70 9 4.9 -5.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.8 32 47 6.0 -4.3
JHID John Hancock International High Dividend ETF 1.8 46 33 11.3 +1.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 40 11.0 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 1.8 36 43 6.5 -3.8
MOTI VanEck Morningstar International Moat ETF 1.8 58 21 5.9 -4.4
IEMG iShares Core MSCI Emerging Markets ETF 1.8 9 70 7.5 -2.8
AIVI WisdomTree International AI Enhanced Value Fund 1.7 58 21 8.5 -1.8
EEMA iShares MSCI Emerging Markets Asia ETF 1.7 49 30 6.5 -3.8
CID VictoryShares International High Div Volatility Wtd ETF 1.7 45 34 11.9 +1.6
IMOM Alpha Architect International Quantitative Momentum ETF 1.7 49 30 5.7 -4.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.7 80 -1 3.2 -7.1
VEGI iShares MSCI Agriculture Producers ETF 1.7 39 40 9.2 -1.1
SCHE Schwab Emerging Markets Equity ETF 1.7 11 68 7.1 -3.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 38 7.4 -2.9
EQLT iShares MSCI Emerging Markets Quality Factor ETF 1.7 35 44 7.4 -2.9
LNGG Roundhill Alerian LNG ETF 1.7 65 14 9.1 -1.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.6 29 50 5.5 -4.8
URAN Themes Uranium & Nuclear ETF 1.6 35 44 1.9 -8.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.6 58 21 10.2 -0.1
ARKX ARK Space Exploration & Innovation ETF 1.6 75 4 2.4 -7.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.6 45 34 5.7 -4.6
SMIN iShares MSCI India Small Cap ETF 1.6 79 0 3.5 -6.8
LVHI Franklin International Low Volatility High Dividend Index ET 1.6 40 39 10.1 -0.2
EPHE iShares MSCI Philippines ETF 1.6 59 20 8.9 -1.4
EDIV SPDR S&P Emerging Markets Dividend ETF 1.6 49 30 12.0 +1.7
PPA Invesco Aerospace & Defense ETF 1.6 58 21 2.5 -7.8
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 8.2 -2.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.5 30 49 7.3 -3.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.5 45 34 -0.6 -10.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.5 46 33 4.9 -5.4
ECON Columbia Emerging Markets Consumer ETF 1.5 49 30 7.3 -2.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.5 39 40 12.1 +1.8
IDOG ALPS International Sector Dividend Dogs ETF 1.5 50 29 12.8 +2.6
EFAS Global X MSCI SuperDividend EAFE ETF 1.5 57 22 10.3 -0.0
CRUZ Defiance Hotel Airline and Cruise ETF 1.5 45 34 -4.6 -14.8
AIRL Themes Airlines ETF 1.5 35 44 -16.7 -27.0
IQDE FlexShares International Quality Dividend Defensive Index ET 1.5 47 32 14.8 +4.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.5 33 46 8.2 -2.0
RGEF Rockefeller Global Equity ETF 1.5 55 24 5.0 -5.3
DTH WisdomTree International High Dividend Fund 1.5 58 21 10.1 -0.1
ARKQ ARK Autonomous Technology & Robotics ETF 1.5 75 4 2.4 -7.9
NDIV Amplify Natural Resources Dividend Income ETF 1.5 59 20 8.5 -1.7
CGV Conductor Global Equity Value ETF 1.5 130 -51 10.9 +0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.5 9 70 9.9 -0.4
ESGE iShares ESG Aware MSCI EM ETF 1.5 25 54 7.1 -3.1
SDIV Global X Superdividend ETF 1.5 58 21 14.9 +4.6
FDEM Fidelity Emerging Markets Multifactor ETF 1.4 25 54 12.3 +2.0
IPAV Global X Infrastructure Development ex-U.S. ETF 1.4 55 24 9.7 -0.6
STXE Strive Emerging Markets Ex-China ETF 1.4 32 47 7.0 -3.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.4 46 33 9.3 -0.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.3 85 -6 8.6 -1.7
XT iShares Exponential Technologies ETF 1.3 46 33 4.8 -5.5
EMXF iShares ESG Advanced MSCI EM ETF 1.3 16 63 6.8 -3.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 40 12.8 +2.6
IDLV Invesco S&P International Developed Low Volatility ETF 1.3 25 54 6.2 -4.0
RFDI First Trust Riverfront Dynamic Developed International ETF 1.3 83 -4 10.0 -0.3
XCNY SPDR S&P Emerging Markets ex-China ETF 1.2 15 64 6.3 -4.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.2 65 14 12.8 +2.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.2 40 39 8.3 -2.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.2 18 61 6.8 -3.5
VYMI Vanguard International High Dividend Yield ETF 1.2 22 57 9.8 -0.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.2 15 64 10.2 -0.0
XCEM Columbia EM Core ex-China ETF 1.2 16 63 7.7 -2.6
GII SPDR S&P Global Infrastructure ETF 1.2 40 39 4.3 -6.0
JETS U.S. Global Jets ETF 1.1 60 19 -13.3 -23.6
IGF iShares Global Infrastructure ETF 1.1 41 38 4.3 -6.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.1 24 55 8.7 -1.6
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 54 8.5 -1.8
DEHP Dimensional Emerging Markets High Profitability ETF 1.1 41 38 5.0 -5.3
VRAI Virtus Real Asset Income ETF 1.1 55 24 8.0 -2.3
EFRA iShares Environmental Infrastructure and Industrials ETF 1.1 47 32 4.9 -5.4
ISRA VanEck Israel ETF 1.1 59 20 8.0 -2.3
TPIF Timothy Plan International ETF 1.1 62 17 6.8 -3.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.1 88 -9 7.4 -2.8
TTAI FCF International Quality ETF 1.1 59 20 5.6 -4.7
EMXC iShares MSCI Emerging Markets ex China ETF 1.1 25 54 6.7 -3.6
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 0 5.4 -4.9
DWMF WisdomTree International Multifactor Fund 1.0 38 41 7.4 -2.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.0 32 47 6.9 -3.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.0 68 11 8.2 -2.0
IVAL Alpha Architect International Quantitative Value ETF 1.0 49 30 9.5 -0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.0 32 47 6.2 -4.1
TEMP JPMorgan Climate Change Solutions ETF 1.0 49 30 5.5 -4.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.9 30 49 7.3 -3.0
FENI Fidelity Enhanced International ETF 0.9 28 51 8.1 -2.2
DOL WisdomTree International LargeCap Dividend Fund 0.9 48 31 7.9 -2.4
IQRA IQ CBRE Real Assets ETF 0.9 65 14 5.2 -5.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.9 24 55 9.2 -1.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.9 67 12 15.0 +4.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 9 7.7 -2.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 8 71 7.3 -3.0
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 7.2 -3.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.8 40 39 7.9 -2.4
DWM WisdomTree International Equity Fund 0.8 48 31 8.0 -2.3
EPI WisdomTree India Earnings Fund 0.8 85 -6 6.1 -4.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 45 7.0 -3.3
DIM WisdomTree International MidCap Dividend Fund 0.8 58 21 7.7 -2.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.4 -2.9
AFK VanEck Africa Index ETF 0.8 98 -19 9.1 -1.2
CUT Invesco MSCI Global Timber ETF 0.8 61 18 8.4 -1.9
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 72 7.2 -3.1
VXUS Vanguard Total International Stock ETF 0.8 7 72 7.2 -3.1
SILJ ETFMG Prime Junior Silver Miners ETF 0.8 69 10 1.5 -8.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 8.0 -2.3
XC WisdomTree Emerging Markets Ex-China Fund 0.8 32 47 6.0 -4.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 7.0 -3.3
CIL VictoryShares International Volatility Wtd ETF 0.8 45 34 7.0 -3.3
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.8 51 28 7.1 -3.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.7 9 70 8.1 -2.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.9 -1.4
BOAT SonicShares Global Shipping ETF 0.7 69 10 34.8 +24.6
FDEV Fidelity International Multifactor ETF 0.7 18 61 7.8 -2.5
VPL Vanguard FTSE Pacific ETF 0.7 8 71 7.7 -2.6
CGXU Capital Group International Focus Equity ETF 0.7 54 25 4.9 -5.4
IQLT iShares MSCI Intl Quality Factor ETF 0.7 30 49 6.2 -4.0
HAP VanEck Natural Resources ETF 0.7 50 29 10.0 -0.3
EFV iShares MSCI EAFE Value ETF 0.7 34 45 9.4 -0.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 23 13.5 +3.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -11 6.1 -4.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.6 20 59 6.3 -3.9
GLOF iShares Global Equity Factor ETF 0.6 20 59 7.0 -3.3
UAE iShares MSCI UAE ETF 0.6 59 20 8.4 -1.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.5 -4.7
GOEX Global X Gold Explorers ETF 0.6 65 14 4.4 -5.9
VSGX Vanguard ESG International Stock ETF 0.6 12 67 6.8 -3.5
INTF iShares International Equity Factor ETF 0.6 15 64 8.2 -2.1
GNR SPDR S&P Global Natural Resources ETF 0.6 40 39 9.7 -0.6
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.5 -2.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.6 25 54 5.6 -4.7
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.5 -1.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 1 9.0 -1.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.6 65 14 4.3 -5.9
IXC iShares Global Energy ETF 0.6 44 35 8.7 -1.6
GCOW Pacer Global Cash Cows Dividend ETF 0.5 60 19 12.5 +2.2
WWJD Inspire International ETF 0.5 80 -1 7.3 -3.0
WOOD iShares Global Timber & Forestry ETF 0.5 42 37 9.8 -0.5
AVDV Avantis International Small Cap Value ETF 0.5 36 43 8.1 -2.1
IMTM iShares MSCI Intl Momentum Factor ETF 0.5 30 49 6.3 -4.0
FRNW Fidelity Clean Energy ETF 0.5 39 40 2.6 -7.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 0 5.1 -5.2
DTEC ALPS Disruptive Technologies ETF 0.5 50 29 3.7 -6.6
FAN First Trust Global Wind Energy ETF 0.5 60 19 5.5 -4.7
SMOG VanEck Low Carbon Energy ETF 0.5 61 18 2.4 -7.9
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 5.5 -4.8
WNDY Global X Wind Energy ETF 0.5 50 29 6.1 -4.2
AVDE Avantis International Equity ETF 0.5 23 56 8.1 -2.2
IDV iShares International Select Dividend ETF 0.5 51 28 12.2 +2.0
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 37 6.8 -3.5
FBOT Fidelity Disruptive Automation ETF 0.5 50 29 3.6 -6.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 7 1.0 -9.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 5.6 -4.6
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 49 6.9 -3.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.5 25 54 7.2 -3.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 21 6.4 -3.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 6.6 -3.7
FRDM Freedom 100 Emerging Markets ETF 0.4 49 30 7.3 -3.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 59 6.5 -3.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 9 3.8 -6.5
ZSB USCF Sustainable Battery Metals Strategy Fund 0.4 61 18 18.6 +8.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -1 9.1 -1.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 7.0 -3.3
IXG iShares Global Financials ETF 0.4 42 37 6.2 -4.1
SCHY Schwab International Dividend Equity ETF 0.4 14 65 9.3 -0.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 69 7.7 -2.6
RAYS Global X Solar ETF 0.4 51 28 6.9 -3.4
JHMD John Hancock Multifactor Developed International ETF 0.4 39 40 7.8 -2.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 40 7.5 -2.7
IGRO iShares International Dividend Growth ETF 0.4 15 64 7.5 -2.7
EFA iShares MSCI EAFE ETF 0.4 35 44 6.9 -3.4
IQIN IQ 500 International ETF 0.4 25 54 9.2 -1.1
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -10 4.9 -5.4
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 7.1 -3.1
IQSI IQ Candriam International Equity ETF 0.4 15 64 6.6 -3.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 59 5.2 -5.1
PIN Invesco India ETF 0.4 78 1 4.5 -5.8
BKIE BNY Mellon International Equity ETF 0.4 4 75 7.1 -3.2
AVIV Avantis International Large Cap Value ETF 0.4 25 54 9.0 -1.3
AVSD Avantis Responsible International Equity ETF 0.4 23 56 7.1 -3.2
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 7.1 -3.2
CZA Invesco Zacks Mid-Cap ETF 0.3 72 7 5.6 -4.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 59 7.1 -3.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.3 36 43 6.6 -3.7
DIHP Dimensional International High Profitability ETF 0.3 29 50 7.6 -2.6
STXI Strive International Developed Markets ETF 0.3 29 50 6.9 -3.4
SCHF Schwab International Equity ETF 0.3 6 73 7.5 -2.8
FLIN Franklin FTSE India ETF 0.3 19 60 4.7 -5.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 7.2 -3.1
QINT American Century Quality Diversified International ETF 0.3 39 40 7.7 -2.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 39 6.6 -3.7
VEA Vanguard FTSE Developed Markets ETF 0.3 5 74 7.3 -3.0
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.3 -3.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 14 8.2 -2.1
DFIV Dimensional International Value ETF 0.3 27 52 10.0 -0.3
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.3 -5.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 67 4.8 -5.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 9.9 -0.4
VT Vanguard Total World Stock ETF 0.3 7 72 5.5 -4.8
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 17 3.6 -6.7
BLES Inspire Global Hope ETF 0.3 61 18 6.4 -3.8
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -16 3.5 -6.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 37 8.1 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 7.4 -2.8
CLNR IQ Cleaner Transport ETF 0.3 45 34 6.8 -3.5
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 7.7 -2.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 40 7.2 -3.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 45 5.9 -4.4
INDA iShares MSCI India ETF 0.2 65 14 4.4 -5.9
OPTZ Optimize Strategy Index ETF 0.2 50 29 2.9 -7.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 7.0 -3.3
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.5 -3.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 34 8.9 -1.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 32 8.0 -2.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 72 6.7 -3.6
SHPP Pacer Industrials and Logistics ETF 0.2 60 19 9.9 -0.4
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.1 -3.2
LIMI Themes Lithium & Battery Metal Miners ETF 0.2 35 44 4.7 -5.6
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 49 11.4 +1.2
FILL iShares MSCI Global Energy Producers ETF 0.2 39 40 9.6 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 70 5.4 -4.9
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.4 -4.8
LIT Global X Lithium & Battery Tech ETF 0.1 75 4 9.1 -1.2
ILIT iShares Lithium Miners and Producers ETF 0.1 47 32 12.3 +2.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 40 6.8 -3.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.5 -4.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 4.6 -5.6
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 59 6.9 -3.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 37 5.1 -5.2
EFG iShares MSCI EAFE Growth ETF 0.1 36 43 4.5 -5.8
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.9 -4.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.2 -5.1
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.0 -5.2
URTH iShares MSCI World ETF 0.1 24 55 5.2 -5.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -1 10.8 +0.5
IUS Invesco RAFI Strategic US ETF 0.1 19 60 6.8 -3.5
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 50 6.5 -3.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.9 -4.4
VIGI Vanguard International Dividend Appreciation ETF 0.0 15 64 6.4 -3.9
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.1 -3.2
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.2 -3.1
VGK Vanguard FTSE Europe ETF 0.0 11 68 7.1 -3.2
SPEU SPDR Portfolio Europe ETF 0.0 7 72 7.1 -3.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 58 3.8 -6.5
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 2.9 -7.4
URA Global X Uranium ETF 0.0 69 10 2.4 -7.9
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.8 -5.5

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

  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

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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 11.5 %
Divided by: Fwd. P/BV 1.0 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		 1.63 CATEGORY
AVERAGE		 1.48
 
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.