KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 7.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 14.6x P/Sales
ratio		 1.2x
P/BV
ratio		 1.4x Div.
yield		 5.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The KraneShares MSCI One Belt One Road ETF seeks to provide investment results that track the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The Index aims to identify potential beneficiaries of the One Belt One Road initiative based on how their geography, revenue, and sector attributes align with the broad theme.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor KraneShares
Website kraneshares.com
Inception date Sep 07, 2017
Assets (mns) $4
Currency USD
Expense ratio 79 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 130
Wgt avg mkt cap (mns) $24,879
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 8.9 %
OVERSEA-CHINESE BANKING CORP 7.4 %
ANGLO PLATINUM LTD 6.3 %
CHINA YANGTZE POWER CO LTD-A 4.4 %
IMPALA PLATINUM HOLDINGS LTD 4.0 %
KGHM POLSKA MIEDZ S.A. 3.5 %
PTT PCL-NVDR 3.2 %
NORTHAM PLATINUM HOLDINGS LIMITED 2.1 %
CHINA PETROLEUM & CHEMICAL-H 1.9 %
PT DIAN SWASTATIKA SENTOSA TBK 1.9 %
Total 43.6 %

TOP COUNTRY EXPOSURE
CHINA 38.5 %
SOUTH AFRICA 12.6 %
SINGAPORE 10.1 %
KUWAIT 9.1 %
INDONESIA 4.2 %
POLAND 3.5 %
THAILAND 3.2 %
INDIA 3.2 %
HONG KONG 2.8 %
ISRAEL 1.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
27.9% 27.9% 3.1% -- 3.9%

Market Correlations
versus... Beta R-squared
S&P500 0.39 33%
MSCI EAFE 0.55 48%
MSCI Emg. Mkts. 0.54 52%

Technical Indicators
Recent close $27.32
30d moving avg. $25.81
Annualized volatility 13.6%
Short interest (ETF) 0.6%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 4
Turnover 2.7%
Bid/Ask (% of price) 0.32%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 334 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™: 7.2%


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 13.3 65 14 5.5 -1.6
DMAT Global X Disruptive Materials ETF 12.8 59 20 5.2 -2.0
GMET VanEck Green Metals ETF 12.0 63 16 5.7 -1.5
KGRN KraneShares MSCI China Clean Technology Index ETF 11.6 79 0 0.3 -6.9
EZA iShares MSCI South Africa ETF 11.2 58 21 8.0 +0.9
JIVE JPMorgan International Value ETF 9.0 55 24 9.8 +2.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 8.9 65 14 6.2 -1.0
EWS iShares MSCI Singapore ETF 7.5 50 29 4.1 -3.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 7.2 55 24 6.3 -0.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 5.1 39 40 14.6 +7.4
ION ProShares S&P Global Core Battery Metals ETF 5.1 58 21 5.5 -1.7
GVAL Cambria Global Value ETF 5.0 68 11 9.4 +2.3
FEM First Trust Emerging Markets AlphaDEX Fund 4.9 80 -1 10.4 +3.2
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.7 65 14 4.2 -3.0
ICLN iShares Global Clean Energy ETF 4.6 41 38 2.9 -4.3
EDIV SPDR S&P Emerging Markets Dividend ETF 4.5 49 30 8.8 +1.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.4 50 29 9.4 +2.2
FTHF First Trust Emerging Markets Human Flourishing ETF 4.4 75 4 7.5 +0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 4.3 39 40 9.0 +1.8
FTAG First Trust Indxx Global Agriculture ETF 4.3 70 9 7.8 +0.6
PXH Invesco FTSE RAFI Emerging Markets ETF 4.1 49 30 13.7 +6.5
IDX VanEck Indonesia Index ETF 4.1 57 22 6.7 -0.5
DVYA iShares Asia/Pacific Dividend ETF 3.9 49 30 7.0 -0.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.9 44 35 9.5 +2.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 54 5.9 -1.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.8 80 -1 8.6 +1.5
FPXI First Trust International Equity Opportunities ETF 3.5 70 9 3.5 -3.6
AFK VanEck Africa Index ETF 3.5 98 -19 11.1 +4.0
COPX Global X Copper Miners ETF 3.5 65 14 4.5 -2.7
SILJ ETFMG Prime Junior Silver Miners ETF 3.5 69 10 0.2 -6.9
EPOL iShares MSCI Poland ETF 3.5 59 20 9.5 +2.3
FLCH Franklin FTSE China ETF 3.5 19 60 14.3 +7.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.5 80 -1 5.6 -1.6
CNYA iShares MSCI China A ETF 3.4 60 19 6.2 -0.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.4 70 9 3.3 -3.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.2 -2.0
EPP iShares MSCI Pacific ex-Japan ETF 3.3 47 32 5.0 -2.2
LDEM iShares ESG MSCI EM Leaders ETF 3.3 17 62 11.4 +4.3
VCLN Virtus Duff & Phelps Clean Energy ETF 3.2 59 20 3.8 -3.4
THD iShares MSCI Thailand ETF 3.2 58 21 0.0 -7.2
ICOP iShares Copper and Metals Mining ETF 3.2 47 32 6.0 -1.2
DFEV Dimensional Emerging Markets Value ETF 3.2 43 36 10.6 +3.4
FCA First Trust China AlphaDEX Fund 3.0 80 -1 8.7 +1.6
EMIF iShares Emerging Markets Infrastructure ETF 3.0 60 19 3.2 -4.0
DVYE iShares Emerging Markets Dividend ETF 3.0 49 30 17.1 +9.9
JCHI JPMorgan Active China ETF 2.9 65 14 12.9 +5.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.8 35 44 11.8 +4.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.7 45 34 8.5 +1.3
MCHI iShares MSCI China ETF 2.6 59 20 15.5 +8.3
VEGI iShares MSCI Agriculture Producers ETF 2.6 39 40 8.5 +1.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.6 45 34 9.5 +2.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.6 70 9 11.9 +4.7
AGMI Themes Silver Miners ETF 2.6 35 44 3.1 -4.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 7.5 +0.3
XC WisdomTree Emerging Markets Ex-China Fund 2.5 32 47 5.5 -1.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.5 29 50 8.1 +0.9
AIVI WisdomTree International AI Enhanced Value Fund 2.4 58 21 6.2 -1.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.4 45 34 1.6 -5.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.4 30 49 7.6 +0.4
GXC SPDR S & P China ETF 2.3 59 20 14.5 +7.4
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 12.0 +4.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.3 46 33 8.6 +1.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.3 32 47 5.4 -1.8
EYLD Cambria Emerging Shareholder Yield ETF 2.2 66 13 10.8 +3.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.2 19 60 7.5 +0.3
AVES Avantis Emerging Markets Value ETF 2.2 36 43 9.6 +2.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.2 66 13 7.8 +0.6
CGV Conductor Global Equity Value ETF 2.2 130 -51 7.0 -0.2
EIS iShares MSCI Israel ETF 2.1 58 21 6.2 -1.0
JADE JPMorgan Active Developing Markets Equity ETF 2.1 65 14 6.6 -0.6
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 7.3 +0.1
EMXF iShares ESG Advanced MSCI EM ETF 2.0 16 63 7.2 -0.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.0 38 41 7.6 +0.4
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 40 7.7 +0.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.0 36 43 8.0 +0.9
BKEM BNY Mellon Emerging Markets Equity ETF 1.9 11 68 8.0 +0.8
ECON Columbia Emerging Markets Consumer ETF 1.9 49 30 10.0 +2.8
VWO Vanguard FTSE Emerging Markets ETF 1.9 7 72 9.1 +1.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.9 15 64 8.5 +1.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -1 7.5 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 1.9 35 44 7.5 +0.3
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 29 10.6 +3.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.9 59 20 7.6 +0.4
IPOS Renaissance International IPO ETF 1.9 80 -1 1.7 -5.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 9 7.3 +0.1
JHID John Hancock International High Dividend ETF 1.8 46 33 8.5 +1.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.8 22 57 5.6 -1.6
INEQ Columbia International Equity Income ETF 1.8 45 34 7.6 +0.4
EEM iShares MSCI Emerging Markets ETF 1.8 69 10 8.1 +1.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.8 41 38 7.1 -0.0
VIDI Vident International Equity Strategy ETF 1.8 61 18 9.4 +2.2
SCHE Schwab Emerging Markets Equity ETF 1.8 11 68 9.5 +2.4
NUEM Nuveen ESG Emerging Markets Equity ETF 1.8 36 43 6.7 -0.5
EMMF WisdomTree Emerging Markets Multifactor Fund 1.7 48 31 6.1 -1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 50 7.0 -0.2
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 72 9.3 +2.2
ESGE iShares ESG Aware MSCI EM ETF 1.7 25 54 8.5 +1.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.7 29 50 6.9 -0.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.7 88 -9 7.2 +0.0
BKF iShares MSCI BIC ETF 1.6 69 10 11.8 +4.6
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 70 8.6 +1.4
TTAI FCF International Quality ETF 1.6 59 20 6.5 -0.7
ROAM Hartford Multifactor Emerging Markets ETF 1.6 44 35 10.4 +3.2
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 8.3 +1.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.6 58 21 8.7 +1.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.6 33 46 6.9 -0.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.5 30 49 8.1 +1.0
SETM Sprott Energy Transition Materials ETF 1.5 65 14 1.5 -5.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.5 32 47 11.3 +4.1
DWMF WisdomTree International Multifactor Fund 1.5 38 41 6.4 -0.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.5 95 -16 10.3 +3.2
XCNY SPDR S&P Emerging Markets ex-China ETF 1.5 15 64 6.3 -0.9
JETS U.S. Global Jets ETF 1.5 60 19 2.1 -5.1
RGEF Rockefeller Global Equity ETF 1.5 55 24 3.9 -3.3
EMXC iShares MSCI Emerging Markets ex China ETF 1.5 25 54 5.9 -1.3
AIA iShares Asia 50 ETF 1.5 50 29 10.6 +3.4
IPAV Global X Infrastructure Development ex-U.S. ETF 1.5 55 24 5.9 -1.3
EIDO iShares MSCI Indonesia ETF 1.4 59 20 7.1 -0.1
STXE Strive Emerging Markets Ex-China ETF 1.4 32 47 6.2 -1.0
VWID Virtus WMC International Dividend ETF 1.4 49 30 7.5 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 1.4 49 30 8.4 +1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.4 40 39 6.1 -1.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.4 9 70 8.4 +1.2
EV Mast Global Battery Recycling & Production ETF 1.4 65 14 7.2 -0.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.3 33 46 8.2 +1.0
FXI iShares China Large-Cap ETF 1.3 74 5 16.0 +8.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.5 -1.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.3 80 -1 12.8 +5.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.3 53 26 6.1 -1.1
TCHI iShares MSCI China Multisector Tech ETF 1.3 59 20 15.0 +7.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.2 32 47 7.0 -0.1
URAN Themes Uranium & Nuclear ETF 1.2 35 44 1.1 -6.1
EEMA iShares MSCI Emerging Markets Asia ETF 1.2 49 30 7.9 +0.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.2 42 37 8.7 +1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.2 47 32 7.1 -0.1
VYMI Vanguard International High Dividend Yield ETF 1.2 17 62 8.3 +1.1
AIRL Themes Airlines ETF 1.1 35 44 2.0 -5.2
IGF iShares Global Infrastructure ETF 1.1 41 38 4.5 -2.7
GII SPDR S&P Global Infrastructure ETF 1.1 40 39 4.5 -2.7
TPIF Timothy Plan International ETF 1.1 62 17 5.5 -1.7
DIVI Franklin International Core Dividend Tilt Index ETF 1.1 9 70 7.0 -0.2
FIDI Fidelity International High Dividend ETF 1.1 18 61 7.5 +0.3
UIVM VictoryShares International Value Momentum ETF 1.1 35 44 7.6 +0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.1 15 64 6.6 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -4 8.1 +1.0
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 54 6.2 -0.9
GDX VanEck Gold Miners ETF 1.1 51 28 2.6 -4.6
TUR iShares MSCI Turkey ETF 1.1 58 21 12.3 +5.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.1 32 47 5.5 -1.7
IQDF FlexShares International Quality Dividend Index Fund 1.1 47 32 7.7 +0.5
ISRA VanEck Israel ETF 1.0 59 20 5.8 -1.4
XCEM Columbia EM Core ex-China ETF 1.0 16 63 6.6 -0.6
WWJD Inspire International ETF 1.0 80 -1 6.5 -0.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.0 24 55 6.5 -0.7
AVSE Avantis Responsible Emerging Markets Equity ETF 0.9 33 46 7.0 -0.2
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -10 4.2 -3.0
IPAC iShares Core MSCI Pacific ETF 0.8 9 70 5.8 -1.4
GNR SPDR S&P Global Natural Resources ETF 0.8 40 39 9.4 +2.3
EMGF iShares Emerging Markets Equity Factor ETF 0.8 25 54 9.5 +2.3
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 34 4.5 -2.6
RNEM First Trust Emerging Markets Equity Select ETF 0.8 75 4 7.8 +0.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 6.9 -0.3
SMIN iShares MSCI India Small Cap ETF 0.8 79 0 3.3 -3.9
BOAT SonicShares Global Shipping ETF 0.8 69 10 25.7 +18.6
DEEP Roundhill Acquirers Deep Value ETF 0.8 80 -1 18.0 +10.8
ABLD Abacus FCF Real Assets Leaders ETF 0.8 69 10 6.4 -0.7
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 30 9.1 +1.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 6.4 -0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.8 30 49 6.1 -1.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.8 41 38 5.3 -1.9
QINT American Century Quality Diversified International ETF 0.8 39 40 6.2 -1.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 6.7 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 6.5 -0.7
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.5 -1.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 6.6 -0.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 45 6.5 -0.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.8 61 18 4.5 -2.7
EWM iShares MSCI Malaysia ETF 0.8 50 29 5.9 -1.3
CIL VictoryShares International Volatility Wtd ETF 0.8 45 34 5.8 -1.4
VXUS Vanguard Total International Stock ETF 0.8 5 74 6.9 -0.3
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 5.4 -1.8
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 72 6.8 -0.4
HAP VanEck Natural Resources ETF 0.7 50 29 8.1 +0.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -1 3.5 -3.7
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 7.3 +0.1
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 2.9 -4.3
BOTT Themes Robotics & Automation ETF 0.7 35 44 -1.5 -8.6
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 2.8 -4.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 5.4 -1.8
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 9.4 +2.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 13.5 +6.4
VPL Vanguard FTSE Pacific ETF 0.7 7 72 5.9 -1.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.7 70 9 6.9 -0.3
EPI WisdomTree India Earnings Fund 0.7 85 -6 4.3 -2.9
VSGX Vanguard ESG International Stock ETF 0.7 10 69 6.7 -0.5
FENI Fidelity Enhanced International ETF 0.7 28 51 5.6 -1.5
DTH WisdomTree International High Dividend Fund 0.7 58 21 7.5 +0.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -11 4.6 -2.6
DIM WisdomTree International MidCap Dividend Fund 0.7 58 21 6.5 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.0 -2.2
FDEV Fidelity International Multifactor ETF 0.6 18 61 6.7 -0.5
CUT Invesco MSCI Global Timber ETF 0.6 61 18 10.1 +2.9
AVDV Avantis International Small Cap Value ETF 0.6 36 43 7.8 +0.6
EPHE iShares MSCI Philippines ETF 0.6 59 20 0.0 -7.2
EFV iShares MSCI EAFE Value ETF 0.6 34 45 7.9 +0.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 9 6.8 -0.3
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 6.6 -0.6
FRNW Fidelity Clean Energy ETF 0.6 39 40 2.1 -5.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 40 5.8 -1.3
INTF iShares International Equity Factor ETF 0.6 15 64 6.6 -0.6
GLOF iShares Global Equity Factor ETF 0.5 20 59 5.9 -1.3
PIN Invesco India ETF 0.5 78 1 4.5 -2.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.5 30 49 4.7 -2.4
IQSI IQ Candriam International Equity ETF 0.5 15 64 5.7 -1.5
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 17 3.1 -4.1
BLES Inspire Global Hope ETF 0.5 61 18 6.2 -1.0
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 31 6.2 -1.0
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 64 6.1 -1.0
FLIN Franklin FTSE India ETF 0.5 19 60 3.6 -3.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 44 5.8 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 5.5 -1.7
FDEM Fidelity Emerging Markets Multifactor ETF 0.5 25 54 10.8 +3.6
DWM WisdomTree International Equity Fund 0.5 48 31 6.4 -0.8
LIMI Themes Lithium & Battery Metal Miners ETF 0.5 35 44 3.1 -4.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 7 -1.3 -8.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 3.4 -3.8
GOEX Global X Gold Explorers ETF 0.5 65 14 1.6 -5.6
INDA iShares MSCI India ETF 0.4 65 14 4.0 -3.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 54 6.3 -0.9
AVDE Avantis International Equity ETF 0.4 23 56 6.4 -0.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 14 7.2 -0.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 8.6 +1.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 40 5.3 -1.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.4 40 39 6.5 -0.7
GEW Cambria Global EW ETF 0.4 29 50 5.4 -1.8
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 8.8 +1.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.4 60 19 9.8 +2.7
IXG iShares Global Financials ETF 0.4 42 37 5.9 -1.3
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 6.5 -0.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 30 4.8 -2.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 5.9 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 6.0 -1.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 59 5.5 -1.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 34 7.6 +0.4
POW VistaShares Electrification Supercycle ETF 0.4 75 4 3.0 -4.1
DEW WisdomTree Global High Dividend Fund 0.4 58 21 7.7 +0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 40 6.9 -0.3
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.1 -1.1
EFA iShares MSCI EAFE ETF 0.4 35 44 5.8 -1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 5.9 -1.3
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 2.7 -4.5
STXI Strive International Developed Markets ETF 0.3 29 50 5.7 -1.5
IEFA iShares Core MSCI EAFE ETF 0.3 7 72 6.2 -1.0
XT iShares Exponential Technologies ETF 0.3 46 33 4.2 -3.0
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 55 6.3 -0.9
CLNR IQ Cleaner Transport ETF 0.3 45 34 4.9 -2.3
AVSD Avantis Responsible International Equity ETF 0.3 23 56 4.7 -2.5
SCHF Schwab International Equity ETF 0.3 6 73 6.3 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 8.3 +1.1
DTEC ALPS Disruptive Technologies ETF 0.3 50 29 3.3 -3.9
FAN First Trust Global Wind Energy ETF 0.3 60 19 3.7 -3.5
SMOG VanEck Low Carbon Energy ETF 0.3 61 18 1.5 -5.7
RNRG Global X Renewable Energy Producers ETF 0.3 66 13 5.0 -2.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 0 4.5 -2.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 4.8 -2.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.1 -1.1
DIHP Dimensional International High Profitability ETF 0.3 29 50 5.9 -1.3
KSTR KraneShares SSE STAR Market 50 Index ETF 0.3 89 -10 0.6 -6.6
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 6.2 -1.0
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 6.1 -1.1
DXIV Dimensional International Vector Equity ETF 0.3 34 45 6.7 -0.5
DFIV Dimensional International Value ETF 0.3 27 52 8.2 +1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 45 5.1 -2.1
ACWI iShares MSCI ACWI ETF 0.3 32 47 4.7 -2.5
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 6.1 -1.1
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 54 5.2 -2.0
VT Vanguard Total World Stock ETF 0.3 6 73 5.1 -2.1
SDIV Global X Superdividend ETF 0.3 58 21 15.8 +8.6
AVDS Avantis International Small Cap Equity ETF 0.3 30 49 6.0 -1.2
GWX SPDR S&P International Small Cap ETF 0.3 40 39 6.0 -1.2
FID First Trust S&P International Dividend Aristocrats ETF 0.3 60 19 7.3 +0.2
WDIV SPDR S&P Global Dividend ETF 0.3 40 39 8.4 +1.2
OPTZ Optimize Strategy Index ETF 0.3 50 29 4.2 -3.0
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 59 5.8 -1.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 6.2 -1.0
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 8.1 +0.9
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 6.4 -0.8
GREK Global X MSCI Greece ETF 0.2 57 22 9.6 +2.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.2 58 21 5.9 -1.2
IGRO iShares International Dividend Growth ETF 0.2 15 64 6.3 -0.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 6.3 -0.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.5 -0.7
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 37 6.1 -1.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 4.3 -2.9
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 5.4 -1.8
SHPP Pacer Industrials and Logistics ETF 0.2 60 19 7.6 +0.5
EFG iShares MSCI EAFE Growth ETF 0.1 36 43 3.7 -3.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 55 5.5 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 4.9 -2.3
FDVV Fidelity High Dividend ETF 0.1 15 64 7.1 -0.1
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 7.3 +0.1
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 7.3 +0.1
SAGP Strategas Global Policy Opportunities ETF 0.1 65 14 4.7 -2.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.0 -0.2
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 6.6 -0.6
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.0 -2.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.2 -2.0
DFIS Dimensional International Small Cap ETF 0.1 39 40 6.3 -0.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 4.5 -2.7
URTH iShares MSCI World ETF 0.1 24 55 4.4 -2.8
TOK iShares MSCI Kokusai ETF 0.1 26 53 4.3 -2.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.8 -0.4
AVIV Avantis International Large Cap Value ETF 0.1 25 54 7.5 +0.4
VGK Vanguard FTSE Europe ETF 0.1 6 73 6.4 -0.8
SPEU SPDR Portfolio Europe ETF 0.1 7 72 6.4 -0.8
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 70 6.3 -0.9
FLEE Franklin FTSE Europe ETF 0.1 9 70 6.3 -0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.8 -1.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 5.3 -1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 37 5.6 -1.6
FRDM Freedom 100 Emerging Markets ETF 0.0 49 30 6.0 -1.2
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 5.7 -1.4
IUS Invesco RAFI Strategic US ETF 0.0 19 60 6.1 -1.1
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 7.4 +0.3
DISV Dimensional International Small Cap Value ETF 0.0 42 37 8.1 +0.9
WRND IQ Global Equity R&D Leaders ETF 0.0 18 61 6.6 -0.6
IEUR iShares Core MSCI Europe ETF 0.0 11 68 6.3 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 6.0 -1.2
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 6.4 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 37 4.7 -2.5
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.5 -5.7
URA Global X Uranium ETF 0.0 69 10 0.9 -6.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.1 -3.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 8.4 +1.2

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 11.2 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 7.2 %
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.