KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 7.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 14.0x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 6.1%


  • 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 124
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 9.3 %
OVERSEA-CHINESE BANKING CORP 7.5 %
ELBIT SYSTEMS LTD 5.9 %
CHINA YANGTZE POWER CO LTD-A 5.1 %
PTT PUBLIC CO., LTD. 4.5 %
IMPALA PLATINUM HOLDINGS LTD 4.4 %
KGHM POLSKA MIEDZ S.A. 2.4 %
CHINA PETROLEUM & CHEMICAL-H 2.1 %
ISRAEL CHEMICALS LTD 2.1 %
NORTHAM PLATINUM HOLDINGS LIMITED 2.1 %
Total 45.4 %

TOP COUNTRY EXPOSURE
CHINA 43.3 %
SINGAPORE 10.5 %
KUWAIT 9.5 %
ISRAEL 8.5 %
SOUTH AFRICA 7.0 %
INDONESIA 5.8 %
INDIA 5.1 %
THAILAND 4.5 %
HONG KONG 3.0 %
POLAND 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
22.3% 18.3% 3.4% -- 2.9%

Market Correlations
versus... Beta R-squared
S&P500 0.39 29%
MSCI EAFE 0.55 42%
MSCI Emg. Mkts. 0.56 49%

Technical Indicators
Recent close $26.08
30d moving avg. $25.55
Annualized volatility 13.6%
Short interest (ETF) 0.6%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 3
Turnover 2.0%
Bid/Ask (% of price) 0.39%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 349 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™: 7.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OBOR
Ticker Fund
Name		 Overlap1
vs OBOR
(%)		 Expense
ratio
(bp)		 Savings
vs OBOR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs OBOR
(%)
KGRN KraneShares MSCI China Clean Technology Index ETF 11.5 79 0 0.4 -7.4
ASEA Global X FTSE Southeast Asia ETF 11.4 65 14 6.1 -1.7
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.4 65 14 6.9 -0.9
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.4 55 24 7.1 -0.7
EWS iShares MSCI Singapore ETF 8.3 50 29 4.4 -3.3
DMAT Global X Disruptive Materials ETF 8.2 59 20 6.8 -1.0
GMET VanEck Green Metals ETF 7.7 63 16 7.2 -0.6
KALL KraneShares MSCI All China Index ETF 7.4 49 30 13.4 +5.6
RAYC Rayliant Quantamental China Equity ETF 6.4 80 -1 8.2 +0.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.2 70 9 12.2 +4.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.2 50 29 10.3 +2.5
JCHI JPMorgan Active China ETF 6.0 65 14 14.5 +6.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 5.9 85 -6 6.2 -1.6
ITEQ BlueStar Israel Technology ETF 5.9 75 4 1.7 -6.1
EIS iShares MSCI Israel ETF 5.9 58 21 7.6 -0.2
FEM First Trust Emerging Markets AlphaDEX Fund 5.6 80 -1 11.5 +3.7
IDX VanEck Indonesia Index ETF 5.5 57 22 7.0 -0.8
GDFN Tema International Defense Innov ETF 5.2 75 4 3.3 -4.5
FTAG First Trust Indxx Global Agriculture ETF 5.0 70 9 8.4 +0.6
ICLN iShares Global Clean Energy ETF 5.0 41 38 3.1 -4.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.9 80 -1 9.4 +1.6
EZA iShares MSCI South Africa ETF 4.9 58 21 9.7 +1.9
JEDI Defiance Drone and Modern Warfare ETF 4.8 69 10 1.6 -6.2
DVYE iShares Emerging Markets Dividend ETF 4.4 49 30 17.9 +10.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 10.2 +2.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.0 65 14 5.2 -2.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 10.0 +2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 54 6.3 -1.5
FLCH Franklin FTSE China ETF 3.8 19 60 15.7 +7.9
DVYA iShares Asia/Pacific Dividend ETF 3.8 49 30 7.3 -0.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.8 39 40 15.5 +7.7
FTRI First Trust Indxx Global Natural Resources Income ETF 3.7 70 9 7.6 -0.2
EPP iShares MSCI Pacific ex-Japan ETF 3.6 47 32 5.2 -2.6
GVAL Cambria Global Value ETF 3.5 68 11 10.4 +2.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.5 80 -1 5.9 -1.9
CNYA iShares MSCI China A ETF 3.5 60 19 7.0 -0.8
ION ProShares S&P Global Core Battery Metals ETF 3.4 58 21 7.3 -0.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.3 19 60 5.5 -2.3
FCA First Trust China AlphaDEX Fund 3.3 80 -1 9.6 +1.8
EMIF iShares Emerging Markets Infrastructure ETF 3.3 60 19 3.2 -4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 30 14.9 +7.1
VWID Virtus WMC International Dividend ETF 3.1 49 30 7.9 +0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.1 45 34 9.7 +1.9
AVES Avantis Emerging Markets Value ETF 3.0 36 43 10.6 +2.8
DFEV Dimensional Emerging Markets Value ETF 2.9 43 36 11.8 +4.0
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 32 8.4 +0.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.7 80 -1 14.0 +6.2
LDEM iShares ESG MSCI EM Leaders ETF 2.7 17 62 12.8 +5.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.7 35 44 12.7 +4.9
MCHI iShares MSCI China ETF 2.7 59 20 17.1 +9.3
SHLD Global X Defense Tech ETF 2.6 50 29 3.3 -4.5
RODE Hartford Multifactor Diversified International ETF 2.6 29 50 10.3 +2.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.6 19 60 8.5 +0.7
VEGI iShares MSCI Agriculture Producers ETF 2.6 39 40 9.0 +1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 32 7.7 -0.1
FTHF First Trust Emerging Markets Human Flourishing ETF 2.5 75 4 9.1 +1.3
GXC SPDR S & P China ETF 2.5 59 20 16.1 +8.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.5 60 19 7.9 +0.1
PPA Invesco Aerospace & Defense ETF 2.4 58 21 2.4 -5.4
COPX Global X Copper Miners ETF 2.4 65 14 5.6 -2.2
EPOL iShares MSCI Poland ETF 2.4 59 20 11.3 +3.5
ICOP iShares Copper and Metals Mining ETF 2.4 47 32 7.4 -0.4
SILJ ETFMG Prime Junior Silver Miners ETF 2.4 69 10 0.6 -7.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.4 30 49 8.5 +0.7
PICK iShares MSCI Global Metals & Mining Producers ETF 2.3 39 40 10.6 +2.8
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 12.6 +4.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.3 29 50 7.4 -0.3
SAGP Strategas Global Policy Opportunities ETF 2.3 65 14 5.5 -2.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.3 95 -16 11.8 +4.0
JADE JPMorgan Active Developing Markets Equity ETF 2.3 65 14 7.7 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 2.2 36 43 7.2 -0.6
SDIV Global X Superdividend ETF 2.2 58 21 16.5 +8.8
CCNR ALPS CoreCommodity Natural Resources ETF 2.2 39 40 8.3 +0.5
VIDI Vident International Equity Strategy ETF 2.2 61 18 10.3 +2.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 9.4 +1.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 8.5 +0.7
AGMI Themes Silver Miners ETF 2.1 35 44 4.2 -3.6
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 8.2 +0.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.1 22 57 5.8 -2.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 68 9.3 +1.5
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 29 11.4 +3.7
AIVI WisdomTree International AI Enhanced Value Fund 2.1 58 21 6.7 -1.1
TUR iShares MSCI Turkey ETF 2.1 58 21 15.9 +8.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 9.6 +1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.0 29 50 8.7 +1.0
ROAM Hartford Multifactor Emerging Markets ETF 2.0 44 35 11.3 +3.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.0 32 47 13.5 +5.7
EMMF WisdomTree Emerging Markets Multifactor Fund 2.0 48 31 7.0 -0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 9.1 +1.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -1 8.4 +0.6
DIM WisdomTree International MidCap Dividend Fund 1.9 58 21 7.2 -0.6
TTAI FCF International Quality ETF 1.9 59 20 7.4 -0.4
CGV Conductor Global Equity Value ETF 1.9 130 -51 7.7 -0.1
DWMF WisdomTree International Multifactor Fund 1.9 38 41 7.0 -0.7
IMOM Alpha Architect International Quantitative Momentum ETF 1.9 49 30 4.7 -3.1
VWO Vanguard FTSE Emerging Markets ETF 1.9 7 72 10.2 +2.5
JHID John Hancock International High Dividend ETF 1.9 46 33 9.2 +1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.9 36 43 9.2 +1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 9 8.5 +0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 41 8.7 +0.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.8 9 70 8.9 +1.1
EIDO iShares MSCI Indonesia ETF 1.8 59 20 7.7 -0.1
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 5.9 -1.9
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 24 6.5 -1.3
AFK VanEck Africa Index ETF 1.8 98 -19 14.0 +6.3
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 44 8.7 +0.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 46 9.4 +1.6
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 72 10.5 +2.7
JHEM John Hancock Multifactor Emerging Markets ETF 1.7 49 30 9.5 +1.7
EV Mast Global Battery Recycling & Production ETF 1.7 65 14 7.6 -0.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 38 8.2 +0.4
EEMO Invesco S&P Emerging Markets Momentum ETF 1.6 29 50 7.6 -0.2
GMF SPDR S&P Emerging Asia Pacific ETF 1.6 49 30 9.5 +1.7
BKF iShares MSCI BIC ETF 1.6 69 10 13.1 +5.3
IZRL ARK Israel Innovative Technology ETF 1.6 49 30 1.5 -6.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 47 5.9 -1.9
EYLD Cambria Emerging Shareholder Yield ETF 1.6 66 13 11.6 +3.8
EDIV SPDR S&P Emerging Markets Dividend ETF 1.6 49 30 9.3 +1.5
TPIF Timothy Plan International ETF 1.6 62 17 6.0 -1.8
SCHE Schwab Emerging Markets Equity ETF 1.5 11 68 10.6 +2.8
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 54 12.2 +4.4
EEM iShares MSCI Emerging Markets ETF 1.5 69 10 9.5 +1.7
EMXF iShares ESG Advanced MSCI EM ETF 1.4 16 63 7.9 +0.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 9.4 +1.6
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 20 18.4 +10.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.4 42 37 9.3 +1.5
ECON Columbia Emerging Markets Consumer ETF 1.4 49 30 11.6 +3.8
RGEF Rockefeller Global Equity ETF 1.4 55 24 4.6 -3.2
AIA iShares Asia 50 ETF 1.4 50 29 12.8 +5.0
FXI iShares China Large-Cap ETF 1.4 74 5 17.1 +9.4
IEMG iShares Core MSCI Emerging Markets ETF 1.4 9 70 9.8 +2.1
JIVE JPMorgan International Value ETF 1.4 55 24 10.7 +2.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 64 7.5 -0.3
URAN Themes Uranium & Nuclear ETF 1.3 35 44 1.3 -6.5
DTH WisdomTree International High Dividend Fund 1.3 58 21 7.9 +0.1
JETS U.S. Global Jets ETF 1.3 60 19 2.8 -5.0
AIRL Themes Airlines ETF 1.3 35 44 2.2 -5.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 6.4 -1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 1.3 15 64 7.2 -0.6
ARKX ARK Space Exploration & Innovation ETF 1.3 75 4 0.2 -7.6
FENI Fidelity Enhanced International ETF 1.3 28 51 6.2 -1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 33 5.6 -2.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 19 10.8 +3.0
SMIN iShares MSCI India Small Cap ETF 1.3 79 0 3.7 -4.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.3 30 49 9.6 +1.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 47 8.5 +0.7
STXE Strive Emerging Markets Ex-China ETF 1.3 32 47 7.5 -0.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 64 4.6 -3.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.2 80 -1 4.2 -3.6
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.2 33 46 7.9 +0.2
ZSB USCF Sustainable Battery Metals Strategy Fund 1.2 61 18 5.1 -2.7
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.2 53 26 7.2 -0.6
FIDI Fidelity International High Dividend ETF 1.2 18 61 8.0 +0.2
IPOS Renaissance International IPO ETF 1.2 80 -1 2.2 -5.6
GDX VanEck Gold Miners ETF 1.2 51 28 3.6 -4.2
ARKQ ARK Autonomous Technology & Robotics ETF 1.1 75 4 1.2 -6.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -4 8.9 +1.1
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 30 9.3 +1.5
CIL VictoryShares International Volatility Wtd ETF 1.1 45 34 6.4 -1.4
ISRA VanEck Israel ETF 1.1 59 20 6.9 -0.8
VYMI Vanguard International High Dividend Yield ETF 1.1 17 62 9.0 +1.2
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 54 6.5 -1.3
SETM Sprott Energy Transition Materials ETF 1.0 65 14 2.0 -5.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.0 40 39 6.7 -1.1
EMXC iShares MSCI Emerging Markets ex China ETF 1.0 25 54 6.9 -0.8
XCEM Columbia EM Core ex-China ETF 1.0 16 63 7.7 -0.1
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 70 7.5 -0.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.0 30 49 6.7 -1.1
UIVM VictoryShares International Value Momentum ETF 1.0 35 44 8.4 +0.7
GII SPDR S&P Global Infrastructure ETF 0.9 40 39 4.6 -3.2
IGF iShares Global Infrastructure ETF 0.9 41 38 4.6 -3.2
RNEM First Trust Emerging Markets Equity Select ETF 0.9 75 4 8.4 +0.6
DWM WisdomTree International Equity Fund 0.9 48 31 6.9 -0.8
EWM iShares MSCI Malaysia ETF 0.9 50 29 6.4 -1.4
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 47 5.6 -2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.0 -0.8
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 30 5.8 -2.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 9 7.5 -0.3
INTF iShares International Equity Factor ETF 0.9 15 64 7.3 -0.5
ESGE iShares ESG Aware MSCI EM ETF 0.9 25 54 9.8 +2.0
UAE iShares MSCI UAE ETF 0.9 59 20 0.0 -7.8
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 6.0 -1.8
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -10 4.8 -3.0
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 49 6.1 -1.7
CUT Invesco MSCI Global Timber ETF 0.8 61 18 10.7 +3.0
GNR SPDR S&P Global Natural Resources ETF 0.8 40 39 10.2 +2.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.8 41 38 6.4 -1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 7.4 -0.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 75 7.6 -0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 55 7.1 -0.7
GLOF iShares Global Equity Factor ETF 0.8 20 59 6.6 -1.2
BOAT SonicShares Global Shipping ETF 0.8 69 10 26.2 +18.4
DEEP Roundhill Acquirers Deep Value ETF 0.8 80 -1 19.6 +11.8
ABLD Abacus FCF Real Assets Leaders ETF 0.8 69 10 7.0 -0.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 32 5.3 -2.4
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 24 7.6 -0.2
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 30 9.9 +2.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.8 65 14 4.6 -3.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 55 7.3 -0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 61 7.3 -0.5
GOEX Global X Gold Explorers ETF 0.8 65 14 2.4 -5.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 34 1.7 -6.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.1 -0.6
IQRA IQ CBRE Real Assets ETF 0.8 65 14 5.7 -2.1
VXUS Vanguard Total International Stock ETF 0.8 5 74 7.6 -0.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 49 5.2 -2.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 8.5 +0.8
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 4.8 -3.0
XT iShares Exponential Technologies ETF 0.7 46 33 4.5 -3.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 45 7.3 -0.5
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 72 7.5 -0.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 7.8 -0.0
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 3.4 -4.4
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 3.4 -4.4
BOTT Themes Robotics & Automation ETF 0.7 35 44 -1.6 -9.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 14 10.6 +2.9
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 10.1 +2.3
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 6.8 -1.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.7 67 12 14.5 +6.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 5.7 -2.1
EPI WisdomTree India Earnings Fund 0.7 85 -6 4.8 -2.9
IDMO Invesco S&P International Developed Momentum ETF 0.7 25 54 5.7 -2.0
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 3.4 -4.4
EMGF iShares Emerging Markets Equity Factor ETF 0.7 25 54 10.9 +3.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -11 5.2 -2.6
AVSE Avantis Responsible Emerging Markets Equity ETF 0.7 33 46 7.9 +0.1
VPL Vanguard FTSE Pacific ETF 0.6 7 72 6.3 -1.5
VSGX Vanguard ESG International Stock ETF 0.6 10 69 7.5 -0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 6.9 -0.9
DEW WisdomTree Global High Dividend Fund 0.6 58 21 8.2 +0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.4 -2.4
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 6.8 -1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.6 34 45 5.8 -2.0
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.1 -0.6
EFV iShares MSCI EAFE Value ETF 0.6 34 45 8.5 +0.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 40 5.7 -2.1
FLIN Franklin FTSE India ETF 0.6 19 60 4.0 -3.8
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.5 -0.3
IVLU iShares MSCI Intl Value Factor ETF 0.6 30 49 9.6 +1.8
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.4 -0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 6.4 -1.4
PIN Invesco India ETF 0.5 78 1 4.6 -3.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 6.0 -1.8
FRNW Fidelity Clean Energy ETF 0.5 39 40 2.3 -5.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 0 5.0 -2.8
RNRG Global X Renewable Energy Producers ETF 0.5 66 13 5.2 -2.6
DTEC ALPS Disruptive Technologies ETF 0.5 50 29 3.7 -4.1
FAN First Trust Global Wind Energy ETF 0.5 60 19 4.3 -3.5
EPHE iShares MSCI Philippines ETF 0.5 59 20 0.0 -7.8
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 34 5.3 -2.5
AVDE Avantis International Equity ETF 0.5 23 56 7.0 -0.7
QINT American Century Quality Diversified International ETF 0.5 39 40 6.8 -1.0
WWJD Inspire International ETF 0.5 80 -1 7.1 -0.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 6.5 -1.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 9 4.0 -3.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.5 20 59 6.1 -1.7
AVDV Avantis International Small Cap Value ETF 0.5 36 43 8.7 +0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 43 6.3 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 59 6.6 -1.2
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.2 -1.6
EFA iShares MSCI EAFE ETF 0.5 35 44 6.4 -1.4
INDA iShares MSCI India ETF 0.4 65 14 4.5 -3.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 6.2 -1.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 1 9.0 +1.3
BKIE BNY Mellon International Equity ETF 0.4 4 75 6.6 -1.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 30 6.8 -1.0
GEW Cambria Global EW ETF 0.4 29 50 5.9 -1.9
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 6.7 -1.1
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 30 5.1 -2.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 14 7.9 +0.1
DIHP Dimensional International High Profitability ETF 0.4 29 50 6.5 -1.2
IXG iShares Global Financials ETF 0.4 42 37 6.5 -1.2
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 1.5 -6.3
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.1 -2.7
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 3.1 -4.7
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 7.3 -0.4
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 6.6 -1.1
POW VistaShares Electrification Supercycle ETF 0.4 75 4 3.4 -4.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 7 -1.3 -9.1
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 44 4.0 -3.8
SCHF Schwab International Equity ETF 0.4 6 73 6.8 -1.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 6.7 -1.1
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 6.3 -1.5
CLNR IQ Cleaner Transport ETF 0.3 45 34 5.2 -2.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 34 8.3 +0.6
STXI Strive International Developed Markets ETF 0.3 29 50 6.3 -1.5
VEA Vanguard FTSE Developed Markets ETF 0.3 3 76 6.8 -1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 7.5 -0.3
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 4.1 -3.7
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 6.7 -1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 59 5.3 -2.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 8.9 +1.1
IGRO iShares International Dividend Growth ETF 0.3 15 64 6.9 -0.9
DXIV Dimensional International Vector Equity ETF 0.3 34 45 7.4 -0.3
HAP VanEck Natural Resources ETF 0.3 50 29 8.7 +1.0
VT Vanguard Total World Stock ETF 0.3 6 73 5.7 -2.1
AVIV Avantis International Large Cap Value ETF 0.3 25 54 8.2 +0.5
ACWI iShares MSCI ACWI ETF 0.3 32 47 5.3 -2.5
BLES Inspire Global Hope ETF 0.3 61 18 6.8 -1.0
DFIC Dimensional International Core Equity 2 ETF 0.3 23 56 7.1 -0.7
OPTZ Optimize Strategy Index ETF 0.2 50 29 4.8 -3.0
DFIV Dimensional International Value ETF 0.2 27 52 8.9 +1.1
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 6.8 -1.0
IPKW Invesco International BuyBack Achievers ETF 0.2 55 24 8.8 +1.0
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 19 7.7 -0.1
WDIV SPDR S&P Global Dividend ETF 0.2 40 39 8.9 +1.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 71 7.1 -0.7
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.1 -1.7
AVDS Avantis International Small Cap Equity ETF 0.2 30 49 6.7 -1.1
GWX SPDR S&P International Small Cap ETF 0.2 40 39 6.5 -1.3
FDVV Fidelity High Dividend ETF 0.2 15 64 7.6 -0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 37 6.6 -1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 67 4.9 -2.9
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 50 6.3 -1.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.2 -2.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 39 6.8 -1.0
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 8.3 +0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.8 -2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 70 5.5 -2.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.1 -2.7
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 5.6 -2.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.7 -2.1
URTH iShares MSCI World ETF 0.1 24 55 4.9 -2.9
TOK iShares MSCI Kokusai ETF 0.1 26 53 4.9 -2.9
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 7.3 -0.5
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 8.0 +0.2
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 7.9 +0.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.7 -0.1
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.3 -0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 3.7 -4.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.7 -2.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 5.9 -1.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 7.3 -0.5
VGK Vanguard FTSE Europe ETF 0.1 6 73 7.2 -0.6
SPEU SPDR Portfolio Europe ETF 0.1 7 72 7.1 -0.7
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.0 -0.8
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.3 -1.5
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.0 -0.8
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.0 -0.8
IUS Invesco RAFI Strategic US ETF 0.0 19 60 6.8 -1.0
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.1 +0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.1 -1.7
URA Global X Uranium ETF 0.0 69 10 1.0 -6.8
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 1.6 -6.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 40 6.7 -1.1
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.1 -0.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 73 7.0 -0.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 4.8 -3.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 9.6 +1.8

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 1.3 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 7.8 %
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.