KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.3x P/Sales
ratio		 1.4x
P/BV
ratio		 1.6x Div.
yield		 6.8%


  • 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) $22,101
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 March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.2% 29.3% 2.2% -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 0.41 24%
MSCI EAFE 0.58 41%
MSCI Emg. Mkts. 0.52 44%

Technical Indicators
Recent close $28.28
30d moving avg. $27.86
Annualized volatility 13.6%
Short interest (ETF) 0.6%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 5
Turnover 3.4%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 338 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™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OBOR
Ticker Fund
Name		 Overlap1
vs OBOR
(%)		 Expense
ratio
(bp)		 Savings
vs OBOR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs OBOR
(%)
KGRN KraneShares MSCI China Clean Technology Index ETF 11.6 79 0 2.8 -4.1
EZA iShares MSCI South Africa ETF 10.7 58 21 8.2 +1.3
GMET VanEck Green Metals ETF 10.1 63 16 0.3 -6.6
EWS iShares MSCI Singapore ETF 10.0 50 29 4.1 -2.8
JIVE JPMorgan International Value ETF 9.0 55 24 8.4 +1.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 8.9 65 14 6.1 -0.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 7.2 55 24 6.4 -0.5
ICLN iShares Global Clean Energy ETF 5.9 41 38 1.8 -5.1
ION ProShares S&P Global Core Battery Metals ETF 5.1 58 21 4.8 -2.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.8 39 40 13.5 +6.6
FEM First Trust Emerging Markets AlphaDEX Fund 4.7 80 -1 8.5 +1.6
GVAL Cambria Global Value ETF 4.7 68 11 8.8 +1.9
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.7 65 14 4.4 -2.5
ICOP iShares Copper and Metals Mining ETF 4.4 47 32 5.5 -1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.4 50 29 8.4 +1.5
FTAG First Trust Indxx Global Agriculture ETF 4.3 70 9 6.9 -0.1
EIDO iShares MSCI Indonesia ETF 4.2 59 20 8.1 +1.2
AIVI WisdomTree International AI Enhanced Value Fund 4.2 58 21 6.2 -0.7
PXH Invesco FTSE RAFI Emerging Markets ETF 4.1 49 30 13.4 +6.5
PICK iShares MSCI Global Metals & Mining Producers ETF 4.1 39 40 7.9 +1.0
IDX VanEck Indonesia Index ETF 4.1 57 22 7.4 +0.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.9 44 35 9.1 +2.2
FTHF First Trust Emerging Markets Human Flourishing ETF 3.9 75 4 6.2 -0.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.7 80 -1 7.3 +0.4
EPP iShares MSCI Pacific ex-Japan ETF 3.6 47 32 4.9 -2.0
CNYA iShares MSCI China A ETF 3.5 60 19 6.3 -0.6
COPX Global X Copper Miners ETF 3.5 65 14 4.2 -2.7
EPOL iShares MSCI Poland ETF 3.5 59 20 8.9 +2.0
SILJ ETFMG Prime Junior Silver Miners ETF 3.5 69 10 0.3 -6.6
FLCH Franklin FTSE China ETF 3.5 19 60 16.5 +9.6
DVYA iShares Asia/Pacific Dividend ETF 3.5 49 30 6.9 -0.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.3 -1.6
FCA First Trust China AlphaDEX Fund 3.3 80 -1 6.9 -0.0
LDEM iShares ESG MSCI EM Leaders ETF 3.3 17 62 12.0 +5.1
AFK VanEck Africa Index ETF 3.3 98 -19 10.4 +3.5
VCLN Virtus Duff & Phelps Clean Energy ETF 3.2 59 20 2.5 -4.4
THD iShares MSCI Thailand ETF 3.2 58 21 0.0 -6.9
EDIV SPDR S&P Emerging Markets Dividend ETF 3.2 49 30 8.8 +1.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.1 25 54 6.3 -0.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.0 70 9 3.9 -3.0
EMIF iShares Emerging Markets Infrastructure ETF 3.0 60 19 2.5 -4.4
JCHI JPMorgan Active China ETF 2.9 65 14 14.8 +7.9
EYLD Cambria Emerging Shareholder Yield ETF 2.9 66 13 9.3 +2.4
MCHI iShares MSCI China ETF 2.7 59 20 18.7 +11.8
AGMI Themes Silver Miners ETF 2.7 35 44 3.6 -3.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.7 45 34 8.3 +1.4
DFEV Dimensional Emerging Markets Value ETF 2.6 43 36 9.8 +2.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.6 45 34 9.3 +2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.6 70 9 9.1 +2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.6 35 44 11.2 +4.3
GXC SPDR S & P China ETF 2.6 59 20 17.2 +10.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 6.3 -0.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.5 29 50 8.5 +1.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.3 46 33 7.4 +0.5
XC WisdomTree Emerging Markets Ex-China Fund 2.3 32 47 6.1 -0.8
DEM WisdomTree Emerging Markets High Dividend Fund 2.2 63 16 10.6 +3.7
FLAX Franklin FTSE Asia Ex Japan ETF 2.2 19 60 7.4 +0.5
AVES Avantis Emerging Markets Value ETF 2.2 36 43 8.9 +2.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.2 66 13 7.5 +0.5
CGV Conductor Global Equity Value ETF 2.2 130 -51 7.4 +0.5
DVYE iShares Emerging Markets Dividend ETF 2.2 49 30 16.8 +9.9
VEGI iShares MSCI Agriculture Producers ETF 2.2 39 40 7.3 +0.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.2 45 34 -0.9 -7.8
JADE JPMorgan Active Developing Markets Equity ETF 2.1 65 14 6.2 -0.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.1 30 49 7.8 +0.9
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 7.2 +0.3
EIS iShares MSCI Israel ETF 2.0 58 21 6.2 -0.7
VWO Vanguard FTSE Emerging Markets ETF 2.0 7 72 9.0 +2.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.0 36 43 7.8 +0.9
BKEM BNY Mellon Emerging Markets Equity ETF 1.9 11 68 8.1 +1.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.9 32 47 5.0 -1.9
ECON Columbia Emerging Markets Consumer ETF 1.9 49 30 7.0 +0.1
FPXI First Trust International Equity Opportunities ETF 1.9 70 9 3.9 -3.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.9 15 64 8.2 +1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.9 80 -1 5.4 -1.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.9 22 57 5.6 -1.3
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 29 9.2 +2.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.9 59 20 8.6 +1.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.9 70 9 7.2 +0.3
IPOS Renaissance International IPO ETF 1.9 80 -1 0.0 -6.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 7.1 +0.2
JHID John Hancock International High Dividend ETF 1.8 46 33 7.9 +1.0
ESGE iShares ESG Aware MSCI EM ETF 1.8 25 54 8.5 +1.6
INEQ Columbia International Equity Income ETF 1.8 45 34 7.7 +0.8
EMXF iShares ESG Advanced MSCI EM ETF 1.8 16 63 7.0 +0.1
SPEM SPDR Portfolio Emerging Markets ETF 1.8 7 72 9.4 +2.5
NUEM Nuveen ESG Emerging Markets Equity ETF 1.8 36 43 6.0 -0.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.7 80 -1 6.8 -0.1
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 7.1 +0.2
BKF iShares MSCI BIC ETF 1.7 69 10 13.4 +6.5
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 50 7.2 +0.3
EEM iShares MSCI Emerging Markets ETF 1.7 69 10 8.0 +1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.7 29 50 7.0 +0.1
SCHE Schwab Emerging Markets Equity ETF 1.7 11 68 9.4 +2.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.7 88 -9 8.0 +1.1
EMMF WisdomTree Emerging Markets Multifactor Fund 1.7 48 31 8.7 +1.8
RGEF Rockefeller Global Equity ETF 1.7 55 24 3.9 -3.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.7 32 47 12.9 +6.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 38 6.9 -0.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.7 58 21 8.2 +1.3
DWMF WisdomTree International Multifactor Fund 1.6 38 41 6.7 -0.2
TTAI FCF International Quality ETF 1.6 59 20 6.7 -0.2
ROAM Hartford Multifactor Emerging Markets ETF 1.6 44 35 7.7 +0.8
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 70 8.3 +1.4
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 7.7 +0.8
AIA iShares Asia 50 ETF 1.6 50 29 8.6 +1.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.6 33 46 6.4 -0.5
VEXC Vanguard Emerging Markets Ex-China ETF 1.5 7 72 5.8 -1.1
JETS U.S. Global Jets ETF 1.5 60 19 2.6 -4.3
VIDI Vident International Equity Strategy ETF 1.5 61 18 8.3 +1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 1.5 15 64 5.8 -1.1
IPAV Global X Infrastructure Development ex-U.S. ETF 1.5 55 24 5.7 -1.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.4 30 49 8.2 +1.3
VWID Virtus WMC International Dividend ETF 1.4 49 30 7.2 +0.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.4 95 -16 10.1 +3.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.4 40 39 6.4 -0.5
EMXC iShares MSCI Emerging Markets ex China ETF 1.4 25 54 5.4 -1.5
SETM Sprott Energy Transition Materials ETF 1.4 65 14 1.4 -5.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.4 9 70 7.6 +0.7
EV Mast Global Battery Recycling & Production ETF 1.4 65 14 6.3 -0.6
GMF SPDR S&P Emerging Asia Pacific ETF 1.3 49 30 8.8 +1.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.3 33 46 6.9 +0.0
FXI iShares China Large-Cap ETF 1.3 74 5 19.5 +12.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.1 -1.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.3 39 40 8.0 +1.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.3 80 -1 11.2 +4.3
STXE Strive Emerging Markets Ex-China ETF 1.3 32 47 5.6 -1.3
EEMA iShares MSCI Emerging Markets Asia ETF 1.3 49 30 7.8 +0.9
TCHI iShares MSCI China Multisector Tech ETF 1.3 59 20 13.9 +7.0
URAN Themes Uranium & Nuclear ETF 1.2 35 44 0.8 -6.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.2 42 37 7.4 +0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.2 47 32 7.4 +0.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.2 53 26 5.3 -1.6
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 8.0 +1.1
AIRL Themes Airlines ETF 1.1 35 44 1.6 -5.3
TPIF Timothy Plan International ETF 1.1 62 17 5.5 -1.4
DIVI Franklin International Core Dividend Tilt Index ETF 1.1 9 70 6.6 -0.3
FIDI Fidelity International High Dividend ETF 1.1 18 61 7.2 +0.3
UIVM VictoryShares International Value Momentum ETF 1.1 35 44 8.3 +1.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.1 15 64 9.0 +2.1
IGF iShares Global Infrastructure ETF 1.1 41 38 4.2 -2.7
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 54 6.2 -0.7
TUR iShares MSCI Turkey ETF 1.1 58 21 11.7 +4.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.1 32 47 7.6 +0.7
GII SPDR S&P Global Infrastructure ETF 1.1 40 39 4.2 -2.7
ISRA VanEck Israel ETF 1.1 59 20 5.8 -1.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.1 32 47 5.3 -1.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -4 7.7 +0.8
IQDF FlexShares International Quality Dividend Index Fund 1.1 47 32 7.7 +0.8
WWJD Inspire International ETF 1.0 80 -1 6.1 -0.8
XCEM Columbia EM Core ex-China ETF 1.0 16 63 5.2 -1.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.0 24 55 6.8 -0.1
SMIN iShares MSCI India Small Cap ETF 0.9 79 0 3.4 -3.5
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 5.6 -1.3
AVSE Avantis Responsible Emerging Markets Equity ETF 0.9 33 46 6.9 -0.0
BATT Amplify Lithium & Battery Technology ETF 0.9 59 20 1.7 -5.2
FRDM Freedom 100 Emerging Markets ETF 0.9 49 30 5.7 -1.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 9 6.3 -0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.9 30 49 6.1 -0.9
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -10 4.5 -2.4
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 5.4 -1.5
RNEM First Trust Emerging Markets Equity Select ETF 0.8 75 4 7.6 +0.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 59 5.7 -1.2
EMGF iShares Emerging Markets Equity Factor ETF 0.8 25 54 9.2 +2.3
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 34 4.5 -2.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 6.8 -0.1
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 24 6.4 -0.5
BOAT SonicShares Global Shipping ETF 0.8 69 10 21.8 +14.9
SDIV Global X Superdividend ETF 0.8 58 21 13.0 +6.1
ZIG Acquirers Fund 0.8 84 -5 19.7 +12.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 5.6 -1.3
QINT American Century Quality Diversified International ETF 0.8 39 40 6.6 -0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 6.1 -0.8
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.8 -1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 6.4 -0.5
VXUS Vanguard Total International Stock ETF 0.8 5 74 6.7 -0.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 45 6.4 -0.5
ZSB USCF Sustainable Battery Metals Strategy Fund 0.8 61 18 6.3 -0.6
EWM iShares MSCI Malaysia ETF 0.8 50 29 6.2 -0.7
CIL VictoryShares International Volatility Wtd ETF 0.8 45 34 5.8 -1.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 6.4 -0.5
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 72 6.6 -0.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.7 41 38 5.0 -1.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -1 3.5 -3.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 7.1 +0.2
VPL Vanguard FTSE Pacific ETF 0.7 7 72 5.5 -1.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.7 69 10 1.9 -5.0
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 4.5 -2.4
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 2.9 -4.0
VSGX Vanguard ESG International Stock ETF 0.7 10 69 6.7 -0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.7 12 67 5.0 -1.9
GNR SPDR S&P Global Natural Resources ETF 0.7 40 39 8.2 +1.3
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 7.6 +0.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 12.1 +5.2
EPI WisdomTree India Earnings Fund 0.7 85 -6 4.9 -2.0
GDX VanEck Gold Miners ETF 0.7 51 28 2.6 -4.3
FENI Fidelity Enhanced International ETF 0.7 28 51 5.8 -1.1
DTH WisdomTree International High Dividend Fund 0.7 58 21 7.3 +0.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -11 3.8 -3.1
DIM WisdomTree International MidCap Dividend Fund 0.6 58 21 6.2 -0.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 49 4.7 -2.2
FDEV Fidelity International Multifactor ETF 0.6 18 61 7.1 +0.2
EFV iShares MSCI EAFE Value ETF 0.6 34 45 7.6 +0.7
CUT Invesco MSCI Global Timber ETF 0.6 61 18 8.1 +1.2
AVDV Avantis International Small Cap Value ETF 0.6 36 43 7.7 +0.8
GLOF iShares Global Equity Factor ETF 0.6 20 59 5.7 -1.2
EPHE iShares MSCI Philippines ETF 0.6 59 20 0.0 -6.9
INTF iShares International Equity Factor ETF 0.6 15 64 6.5 -0.5
HAP VanEck Natural Resources ETF 0.6 50 29 6.6 -0.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 9 6.2 -0.7
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 6.2 -0.7
FRNW Fidelity Clean Energy ETF 0.6 39 40 1.9 -5.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 40 6.2 -0.7
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 49 6.5 -0.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 44 5.7 -1.2
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 31 5.8 -1.1
PIN Invesco India ETF 0.5 78 1 4.6 -2.3
IQSI IQ Candriam International Equity ETF 0.5 15 64 5.6 -1.3
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 17 2.9 -4.0
DWM WisdomTree International Equity Fund 0.5 48 31 5.6 -1.3
BLES Inspire Global Hope ETF 0.5 61 18 5.7 -1.2
IXG iShares Global Financials ETF 0.5 42 37 6.2 -0.7
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 64 5.9 -1.0
INDA iShares MSCI India ETF 0.5 65 14 4.4 -2.6
FLIN Franklin FTSE India ETF 0.5 19 60 4.0 -2.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 39 5.7 -1.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 5.5 -1.4
FDEM Fidelity Emerging Markets Multifactor ETF 0.5 25 54 10.5 +3.6
GEW Cambria Global EW ETF 0.5 29 50 5.5 -1.5
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 2.7 -4.2
GOEX Global X Gold Explorers ETF 0.5 65 14 1.8 -5.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 7 1.9 -5.0
LIMI Themes Lithium & Battery Metal Miners ETF 0.5 35 44 2.5 -4.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 14 6.3 -0.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 54 6.2 -0.8
AVDE Avantis International Equity ETF 0.4 23 56 6.2 -0.7
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 59 5.6 -1.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 9.8 +2.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 40 6.7 -0.2
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 49 8.2 +1.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.4 60 19 9.9 +3.0
WOOD iShares Global Timber & Forestry ETF 0.4 42 37 10.9 +4.0
EFA iShares MSCI EAFE ETF 0.4 35 44 5.8 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 30 4.5 -2.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 5.9 -1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 5.8 -1.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 34 6.9 +0.0
DEW WisdomTree Global High Dividend Fund 0.4 58 21 7.3 +0.4
STXI Strive International Developed Markets ETF 0.4 29 50 6.2 -0.7
GWX SPDR S&P International Small Cap ETF 0.4 40 39 5.8 -1.1
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 6.1 -0.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 40 7.0 +0.1
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.0 -0.9
DIHP Dimensional International High Profitability ETF 0.4 29 50 5.7 -1.2
XT iShares Exponential Technologies ETF 0.4 46 33 4.1 -2.8
SCHF Schwab International Equity ETF 0.4 6 73 6.1 -0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 5.5 -1.5
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 2.5 -4.5
CLNR IQ Cleaner Transport ETF 0.3 45 34 3.9 -3.0
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 55 5.9 -1.0
DXIV Dimensional International Vector Equity ETF 0.3 34 45 6.6 -0.3
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 6.0 -0.9
DFIV Dimensional International Value ETF 0.3 27 52 7.8 +0.9
AVSD Avantis Responsible International Equity ETF 0.3 23 56 5.9 -1.0
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 6.0 -0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 4.8 -2.1
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 6.0 -0.9
DTEC ALPS Disruptive Technologies ETF 0.3 50 29 3.7 -3.2
FAN First Trust Global Wind Energy ETF 0.3 60 19 2.7 -4.2
RNRG Global X Renewable Energy Producers ETF 0.3 66 13 4.3 -2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 0 3.8 -3.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 5.9 -1.0
SMOG VanEck Low Carbon Energy ETF 0.3 61 18 1.1 -5.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 7.6 +0.7
KSTR KraneShares SSE STAR Market 50 Index ETF 0.3 89 -10 1.0 -6.0
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 5.8 -1.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 45 5.2 -1.7
ACWI iShares MSCI ACWI ETF 0.3 32 47 4.8 -2.1
POW VistaShares Electrification Supercycle ETF 0.3 75 4 2.1 -4.8
VT Vanguard Total World Stock ETF 0.3 6 73 5.1 -1.8
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 54 5.2 -1.7
AVDS Avantis International Small Cap Equity ETF 0.3 30 49 6.0 -0.9
FID First Trust S&P International Dividend Aristocrats ETF 0.3 60 19 7.9 +1.0
WDIV SPDR S&P Global Dividend ETF 0.3 40 39 9.2 +2.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.3 58 21 5.4 -1.5
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 37 5.7 -1.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 6.0 -0.9
ECNS iShares MSCI China Small-Cap ETF 0.2 59 20 8.0 +1.1
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 8.1 +1.2
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 6.2 -0.7
GREK Global X MSCI Greece ETF 0.2 57 22 9.5 +2.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 6.1 -0.8
IGRO iShares International Dividend Growth ETF 0.2 15 64 6.7 -0.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 6.2 -0.7
EFG iShares MSCI EAFE Growth ETF 0.2 36 43 3.8 -3.1
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 5.6 -1.3
SHPP Pacer Industrials and Logistics ETF 0.2 60 19 6.9 -0.1
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 5.5 -1.4
FRGN Horizon International Equity ETF 0.2 75 4 8.1 +1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 67 4.5 -2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 4.9 -2.0
FDVV Fidelity High Dividend ETF 0.1 15 64 6.8 -0.1
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 7.4 +0.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.2 +0.3
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 6.6 -0.3
SAGP Strategas Global Policy Opportunities ETF 0.1 65 14 4.7 -2.2
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.1 -1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.2 -1.7
TOK iShares MSCI Kokusai ETF 0.1 26 53 4.4 -2.5
URTH iShares MSCI World ETF 0.1 24 55 4.4 -2.5
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 7.4 +0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 4.5 -2.4
DFIS Dimensional International Small Cap ETF 0.1 39 40 6.1 -0.8
VGK Vanguard FTSE Europe ETF 0.1 6 73 6.5 -0.4
AVIV Avantis International Large Cap Value ETF 0.1 25 54 7.0 +0.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 5.0 -2.0
SPEU SPDR Portfolio Europe ETF 0.1 7 72 6.5 -0.4
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 70 6.2 -0.7
FLEE Franklin FTSE Europe ETF 0.1 9 70 6.3 -0.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.0 -1.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 6.5 -0.4
WSML iShares MSCI World Small-Cap ETF 0.1 15 64 5.4 -1.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 37 4.0 -2.9
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.1 -0.8
IUS Invesco RAFI Strategic US ETF 0.0 19 60 5.8 -1.1
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 7.2 +0.3
DISV Dimensional International Small Cap Value ETF 0.0 42 37 8.2 +1.3
WRND IQ Global Equity R&D Leaders ETF 0.0 18 61 4.1 -2.9
IEUR iShares Core MSCI Europe ETF 0.0 11 68 6.3 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 45 5.8 -1.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 6.1 -0.8
AQLT iShares MSCI Global Quality Factor ETF 0.0 18 61 0.0 -6.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 37 4.3 -2.6
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.4 -5.5
URA Global X Uranium ETF 0.0 69 10 0.6 -6.3
TNUK Tortoise Nuclear Renaissance ETF 0.0 75 4 0.7 -6.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.3 -2.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 8.3 +1.4

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 12.3 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.52
 
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.