KraneShares MSCI One Belt One Road Index ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.4x P/Sales
ratio		 1.1x
P/BV
ratio		 1.7x Div.
yield		 -0.8%


  • 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) $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 130
Wgt avg mkt cap (mns) $22,681
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 10.2 %
OVERSEA-CHINESE BANKING CORP 7.4 %
CHINA YANGTZE POWER CO LTD-A 4.9 %
ELBIT SYSTEMS LTD 4.3 %
PTT PUBLIC CO., LTD. 4.1 %
IMPALA PLATINUM HOLDINGS LTD 2.7 %
CHINA PETROLEUM & CHEMICAL-H 2.4 %
KGHM POLSKA MIEDZ S.A. 2.3 %
TURK HAVA YOLLARI AO 2.2 %
ISRAEL CHEMICALS LTD 2.1 %
Total 42.6 %

TOP COUNTRY EXPOSURE
CHINA 40.6 %
KUWAIT 10.5 %
SINGAPORE 10.0 %
ISRAEL 6.9 %
INDIA 5.4 %
INDONESIA 5.1 %
SOUTH AFRICA 4.4 %
THAILAND 4.1 %
HONG KONG 3.2 %
TURKEY 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.9% 2.0% 2.4% -- 0.3%

Market Correlations
versus... Beta R-squared
S&P500 0.49 30%
MSCI EAFE 0.65 56%
MSCI Emg. Mkts. 0.77 78%

Technical Indicators
Recent close $21.61
30d moving avg. $21.51
Annualized volatility 15.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $4,697

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 341 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™: 7.7%


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 11.1 79 0 3.8 -3.9
EWS iShares MSCI Singapore ETF 11.1 50 29 5.2 -2.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 10.4 65 14 7.9 +0.2
ASEA Global X FTSE Southeast Asia ETF 10.3 65 14 6.9 -0.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.3 55 24 8.1 +0.4
CNYA iShares MSCI China A ETF 7.8 60 19 7.2 -0.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.3 70 9 15.8 +8.1
EIS iShares MSCI Israel ETF 7.0 58 21 8.6 +0.9
KALL KraneShares MSCI All China Index ETF 6.8 49 30 15.3 +7.6
GMET VanEck Green Metals ETF 6.6 63 16 10.8 +3.1
JCHI JPMorgan Active China ETF 6.0 65 14 16.8 +9.1
FEM First Trust Emerging Markets AlphaDEX Fund 5.9 80 -1 13.8 +6.1
ICLN iShares Global Clean Energy ETF 5.8 41 38 6.4 -1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.8 50 29 11.6 +3.9
RAYC Rayliant Quantamental China Equity ETF 5.7 80 -1 9.0 +1.3
FTAG First Trust Indxx Global Agriculture ETF 5.4 70 9 8.1 +0.4
DMAT Global X Disruptive Materials ETF 5.2 59 20 9.2 +1.5
IDX VanEck Indonesia Index ETF 4.9 57 22 8.4 +0.7
DVYA iShares Asia/Pacific Dividend ETF 4.4 49 30 8.9 +1.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 35 11.0 +3.3
ITEQ BlueStar Israel Technology ETF 4.3 75 4 2.1 -5.6
EMIF iShares Emerging Markets Infrastructure ETF 4.3 60 19 7.9 +0.2
DVYE iShares Emerging Markets Dividend ETF 4.1 49 30 18.9 +11.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.0 25 54 6.5 -1.2
EIDO iShares MSCI Indonesia ETF 4.0 59 20 8.5 +0.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.9 45 34 11.1 +3.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.9 39 40 16.9 +9.2
FLCH Franklin FTSE China ETF 3.8 19 60 17.2 +9.5
EPP iShares MSCI Pacific ex-Japan ETF 3.5 47 32 5.7 -2.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 3.5 85 -6 8.0 +0.3
MCHI iShares MSCI China ETF 3.4 59 20 17.8 +10.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 3.4 65 14 4.4 -3.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.3 80 -1 9.7 +2.0
ION ProShares S&P Global Core Battery Metals ETF 3.3 58 21 11.2 +3.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 3.2 35 44 21.6 +13.9
DFEV Dimensional Emerging Markets Value ETF 3.2 43 36 14.5 +6.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.2 19 60 6.3 -1.4
VIDI Vident International Equity Strategy ETF 3.1 61 18 12.0 +4.3
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 30 16.7 +9.0
EZA iShares MSCI South Africa ETF 3.0 58 21 10.9 +3.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 34 11.0 +3.3
AVES Avantis Emerging Markets Value ETF 2.9 36 43 12.2 +4.5
FCA First Trust China AlphaDEX Fund 2.9 80 -1 11.3 +3.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.9 80 -1 5.7 -2.0
GVAL Cambria Global Value ETF 2.9 68 11 11.3 +3.6
RODE Hartford Multifactor Diversified International ETF 2.9 29 50 9.9 +2.2
IQDF FlexShares International Quality Dividend Index Fund 2.8 47 32 9.5 +1.8
VEGI iShares MSCI Agriculture Producers ETF 2.7 39 40 8.8 +1.1
VWID Virtus WMC International Dividend ETF 2.7 49 30 8.8 +1.1
SHLD Global X Defense Tech ETF 2.7 50 29 3.8 -3.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.7 95 -16 13.1 +5.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.7 80 -1 4.9 -2.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.7 30 49 9.3 +1.6
GXC SPDR S&P China ETF 2.6 59 20 16.7 +9.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.6 80 -1 13.6 +5.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.6 47 32 9.0 +1.3
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 13 13.1 +5.4
PPA Invesco Aerospace & Defense ETF 2.5 58 21 3.0 -4.7
FLAX Franklin FTSE Asia Ex Japan ETF 2.5 19 60 10.8 +3.1
IZRL ARK Israel Innovative Technology ETF 2.5 49 30 1.4 -6.3
TUR iShares MSCI Turkey ETF 2.4 58 21 19.2 +11.5
EMMF WisdomTree Emerging Markets Multifactor Fund 2.4 48 31 7.8 +0.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.4 29 50 8.2 +0.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.4 22 57 5.8 -1.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.4 60 19 8.0 +0.3
IDOG ALPS International Sector Dividend Dogs ETF 2.4 50 29 12.2 +4.5
CCNR ALPS CoreCommodity Natural Resources ETF 2.3 39 40 11.0 +3.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.3 70 9 9.8 +2.1
FTHF First Trust Emerging Markets Human Flourishing ETF 2.3 75 4 9.8 +2.1
IVAL Alpha Architect International Quantitative Value ETF 2.3 49 30 10.6 +2.9
GLIN VanEck India Growth Leaders ETF 2.3 77 2 6.4 -1.4
LDEM iShares ESG MSCI EM Leaders ETF 2.3 17 62 12.9 +5.2
SETM Sprott Energy Transition Materials ETF 2.3 65 14 4.7 -3.0
RNEM First Trust Emerging Markets Equity Select ETF 2.3 75 4 1.0 -6.7
COPX Global X Copper Miners ETF 2.3 65 14 8.9 +1.2
EPOL iShares MSCI Poland ETF 2.3 59 20 11.6 +3.9
ICOP iShares Copper and Metals Mining ETF 2.3 47 32 10.0 +2.3
SILJ ETFMG Prime Junior Silver Miners ETF 2.3 69 10 2.7 -5.0
AGMI Themes Silver Miners ETF 2.3 35 44 3.1 -4.6
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 16 13.6 +5.9
ROAM Hartford Multifactor Emerging Markets ETF 2.2 44 35 11.3 +3.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 20 13.7 +6.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.2 46 33 10.4 +2.7
NUEM Nuveen ESG Emerging Markets Equity ETF 2.1 36 43 8.1 +0.4
BKF iShares MSCI BIC ETF 2.1 69 10 13.0 +5.3
AVEM Avantis Emerging Markets Equity ETF 2.1 33 46 9.7 +2.0
AIVI WisdomTree International AI Enhanced Value Fund 2.0 58 21 7.5 -0.2
AIA iShares Asia 50 ETF 2.0 50 29 14.7 +7.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 68 11.8 +4.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 13 10.2 +2.5
VWO Vanguard FTSE Emerging Markets ETF 2.0 8 71 10.9 +3.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 64 10.8 +3.1
SDIV Global X Superdividend ETF 2.0 58 21 13.9 +6.2
TTAI FCF International Quality ETF 1.9 59 20 6.9 -0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 41 9.9 +2.2
CGV Conductor Global Equity Value ETF 1.9 130 -51 9.2 +1.5
DFAE Dimensional Emerging Core Equity Market ETF 1.9 35 44 10.2 +2.5
GMF SPDR S&P Emerging Asia Pacific ETF 1.9 49 30 10.0 +2.3
ARKX ARK Space Exploration & Innovation ETF 1.8 75 4 -0.3 -8.0
JHID John Hancock International High Dividend ETF 1.8 46 33 10.3 +2.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.8 32 47 17.8 +10.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.8 36 43 11.2 +3.5
EEM iShares MSCI Emerging Markets ETF 1.8 69 10 10.7 +3.0
DIM WisdomTree International MidCap Dividend Fund 1.8 58 21 7.7 0.0
SPEM SPDR Portfolio Emerging Markets ETF 1.8 7 72 10.9 +3.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.8 33 46 10.6 +2.9
BLLD JPMorgan Sustainable Infrastructure ETF 1.8 49 30 4.8 -2.9
EWM iShares MSCI Malaysia ETF 1.8 50 29 6.6 -1.1
ARKQ ARK Autonomous Technology & Robotics ETF 1.7 75 4 0.2 -7.5
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 54 13.5 +5.8
IEMG iShares Core MSCI Emerging Markets ETF 1.7 9 70 10.9 +3.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.7 9 70 9.2 +1.5
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 24 4.5 -3.2
DWMF WisdomTree International Multifactor Fund 1.7 38 41 6.9 -0.8
FXI iShares China Large-Cap ETF 1.7 74 5 18.1 +10.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 38 9.4 +1.7
SAGP Strategas Global Policy Opportunities ETF 1.7 65 14 5.3 -2.5
IDLV Invesco S&P International Developed Low Volatility ETF 1.7 25 54 6.3 -1.4
SCHE Schwab Emerging Markets Equity ETF 1.6 11 68 11.6 +3.9
STXE Strive Emerging Markets Ex-China ETF 1.6 32 47 8.2 +0.5
ESGE iShares ESG Aware MSCI EM ETF 1.6 25 54 10.7 +3.0
JHEM John Hancock Multifactor Emerging Markets ETF 1.6 49 30 10.5 +2.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.6 39 40 14.1 +6.4
XT iShares Exponential Technologies ETF 1.6 46 33 5.5 -2.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.6 49 30 10.7 +3.0
EDIV SPDR S&P Emerging Markets Dividend ETF 1.6 49 30 11.6 +3.9
SMIN iShares MSCI India Small Cap ETF 1.5 79 0 3.3 -4.4
ECON Columbia Emerging Markets Consumer ETF 1.5 49 30 12.9 +5.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.5 29 50 6.2 -1.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.5 60 19 11.0 +3.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.5 29 50 8.7 +1.0
EMXF iShares ESG Advanced MSCI EM ETF 1.5 16 63 8.4 +0.7
RGEF Rockefeller Global Equity ETF 1.5 55 24 5.2 -2.5
URAN Themes Uranium & Nuclear ETF 1.4 35 44 2.7 -5.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.4 32 47 6.1 -1.6
JETS U.S. Global Jets ETF 1.4 60 19 4.2 -3.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 21 10.1 +2.4
TPIF Timothy Plan International ETF 1.4 62 17 6.5 -1.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.4 46 33 4.9 -2.8
RFDI First Trust Riverfront Dynamic Developed International ETF 1.3 83 -4 10.0 +2.3
TCHI iShares MSCI China Multisector Tech ETF 1.3 59 20 22.4 +14.7
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 22 8.5 +0.8
CRUZ Defiance Hotel Airline and Cruise ETF 1.3 45 34 3.1 -4.6
AIRL Themes Airlines ETF 1.3 35 44 -7.8 -15.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.3 30 49 10.6 +2.9
DTH WisdomTree International High Dividend Fund 1.3 58 21 9.1 +1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 1.3 15 64 0.0 -7.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.3 32 47 7.0 -0.7
JSTC Adasina Social Justice All Cap Global ETF 1.3 89 -10 4.5 -3.2
ISRA VanEck Israel ETF 1.3 59 20 7.8 +0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.2 15 64 8.6 +0.9
BOAT SonicShares Global Shipping ETF 1.2 69 10 31.6 +23.9
IMOM Alpha Architect International Quantitative Momentum ETF 1.2 49 30 4.8 -2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.2 67 12 13.3 +5.6
FENI Fidelity Enhanced International ETF 1.2 28 51 7.0 -0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.2 32 47 9.6 +1.9
IPOS Renaissance International IPO ETF 1.2 80 -1 2.4 -5.3
FPXI First Trust International Equity Opportunities ETF 1.2 70 9 3.9 -3.9
BATT Amplify Lithium & Battery Technology ETF 1.2 59 20 3.8 -3.9
VYMI Vanguard International High Dividend Yield ETF 1.1 22 57 10.0 +2.3
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 3 5.8 -2.0
FIDI Fidelity International High Dividend ETF 1.1 18 61 9.0 +1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.1 40 39 5.6 -2.1
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 54 12.4 +4.7
EFRA iShares Environmental Infrastructure and Industrials ETF 1.1 47 32 4.4 -3.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.1 15 64 5.7 -2.0
IGF iShares Global Infrastructure ETF 1.1 41 38 4.9 -2.8
GII SPDR S&P Global Infrastructure ETF 1.1 40 39 4.9 -2.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.1 70 9 7.8 +0.1
UIVM VictoryShares International Value Momentum ETF 1.1 35 44 9.5 +1.8
EMXC iShares MSCI Emerging Markets ex China ETF 1.1 25 54 8.0 +0.3
AFK VanEck Africa Index ETF 1.0 98 -19 12.6 +4.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.0 30 49 7.3 -0.4
DEHP Dimensional Emerging Markets High Profitability ETF 1.0 41 38 6.5 -1.2
CIL VictoryShares International Volatility Wtd ETF 1.0 45 34 7.0 -0.7
XCEM Columbia EM Core ex-China ETF 1.0 16 63 8.5 +0.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 14 12.2 +4.5
TEMP JPMorgan Climate Change Solutions ETF 1.0 49 30 5.9 -1.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.9 9 70 8.2 +0.5
GNR SPDR S&P Global Natural Resources ETF 0.9 40 39 11.4 +3.7
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 7.1 -0.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 23 12.6 +4.9
DWM WisdomTree International Equity Fund 0.9 48 31 7.7 -0.0
EPI WisdomTree India Earnings Fund 0.9 85 -6 4.7 -3.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 39 7.5 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 8 71 8.5 +0.8
IWTR iShares MSCI Water Management Multisector ETF 0.8 47 32 6.5 -1.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 45 8.1 +0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 49 8.6 +0.9
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 72 8.3 +0.6
IQRA IQ CBRE Real Assets ETF 0.8 65 14 2.7 -5.1
XC WisdomTree Emerging Markets Ex-China Fund 0.8 32 47 5.5 -2.2
VXUS Vanguard Total International Stock ETF 0.8 7 72 8.3 +0.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 38 7.1 -0.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -9 10.3 +2.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 61 8.1 +0.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.7 24 55 8.3 +0.6
IQLT iShares MSCI Intl Quality Factor ETF 0.7 30 49 6.3 -1.4
FBOT Fidelity Disruptive Automation ETF 0.7 50 29 4.0 -3.7
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 4 4.0 -3.7
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 42 8.9 +1.2
VPL Vanguard FTSE Pacific ETF 0.7 8 71 7.7 -0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 55 6.4 -1.3
DOL WisdomTree International LargeCap Dividend Fund 0.7 48 31 7.5 -0.2
PIN Invesco India ETF 0.7 78 1 4.3 -3.4
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 39 11.0 +3.3
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 17 2.5 -5.2
UAE iShares MSCI UAE ETF 0.7 59 20 9.0 +1.3
VSGX Vanguard ESG International Stock ETF 0.6 12 67 8.2 +0.5
AVDV Avantis International Small Cap Value ETF 0.6 36 43 10.9 +3.2
EFV iShares MSCI EAFE Value ETF 0.6 34 45 9.4 +1.7
IDV iShares International Select Dividend ETF 0.6 51 28 11.6 +3.9
DEW WisdomTree Global High Dividend Fund 0.6 58 21 7.7 +0.0
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 64 7.6 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 67 5.8 -2.0
FLIN Franklin FTSE India ETF 0.6 19 60 3.9 -3.8
ZSB USCF Sustainable Battery Metals Strategy Fund 0.6 61 18 17.4 +9.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 54 7.5 -0.2
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 19 10.9 +3.2
WRND IQ Global Equity R&D Leaders ETF 0.6 18 61 7.9 +0.2
CUT Invesco MSCI Global Timber ETF 0.6 61 18 9.1 +1.4
INTF iShares International Equity Factor ETF 0.6 15 64 8.1 +0.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.6 65 14 4.1 -3.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.6 45 34 0.0 -7.7
FID First Trust S&P International Dividend Aristocrats ETF 0.6 60 19 9.1 +1.4
WDIV SPDR S&P Global Dividend ETF 0.6 40 39 9.6 +1.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 1 9.6 +1.9
AVDE Avantis International Equity ETF 0.6 23 56 8.0 +0.3
CZA Invesco Zacks Mid-Cap ETF 0.6 72 7 5.9 -1.8
JHMD John Hancock Multifactor Developed International ETF 0.6 39 40 7.8 +0.1
SCHY Schwab International Dividend Equity ETF 0.5 14 65 9.8 +2.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 59 5.9 -1.9
FDEV Fidelity International Multifactor ETF 0.5 18 61 7.7 0.0
HAP VanEck Natural Resources ETF 0.5 50 29 10.0 +2.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 54 6.0 -1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 40 7.0 -0.7
IXC iShares Global Energy ETF 0.5 44 35 9.8 +2.1
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 30 6.0 -1.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.5 30 49 5.6 -2.1
GLOF iShares Global Equity Factor ETF 0.5 20 59 6.8 -0.9
QINT American Century Quality Diversified International ETF 0.5 39 40 7.6 -0.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 59 7.1 -0.6
IQSI IQ Candriam International Equity ETF 0.5 15 64 6.7 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.5 20 59 6.6 -1.1
INDA iShares MSCI India ETF 0.5 65 14 4.3 -3.4
GOEX Global X Gold Explorers ETF 0.5 65 14 4.6 -3.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 40 6.3 -1.4
WWJD Inspire International ETF 0.5 80 -1 7.6 -0.1
EFA iShares MSCI EAFE ETF 0.4 35 44 7.0 -0.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 5.9 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 59 6.0 -1.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 6.9 -0.8
FRNW Fidelity Clean Energy ETF 0.4 39 40 4.2 -3.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 0 5.9 -1.8
DTEC ALPS Disruptive Technologies ETF 0.4 50 29 4.0 -3.7
FAN First Trust Global Wind Energy ETF 0.4 60 19 5.3 -2.4
SMOG VanEck Low Carbon Energy ETF 0.4 61 18 1.5 -6.2
RNRG Global X Renewable Energy Producers ETF 0.4 66 13 6.1 -1.6
WNDY Global X Wind Energy ETF 0.4 50 29 3.2 -4.5
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 49 8.2 +0.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 59 7.4 -0.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -1 10.0 +2.3
IEFA iShares Core MSCI EAFE ETF 0.4 7 72 7.4 -0.3
BKIE BNY Mellon International Equity ETF 0.4 4 75 7.3 -0.4
DIHP Dimensional International High Profitability ETF 0.4 29 50 7.4 -0.3
IXG iShares Global Financials ETF 0.4 42 37 7.2 -0.5
EPHE iShares MSCI Philippines ETF 0.4 59 20 10.1 +2.4
AVSD Avantis Responsible International Equity ETF 0.4 23 56 6.8 -0.9
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -16 4.0 -3.7
WOOD iShares Global Timber & Forestry ETF 0.4 42 37 9.5 +1.8
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 75 7.4 -0.3
SCHF Schwab International Equity ETF 0.4 6 73 7.7 +0.0
IGRO iShares International Dividend Growth ETF 0.3 15 64 7.3 -0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 30 7.3 -0.4
VEA Vanguard FTSE Developed Markets ETF 0.3 5 74 7.6 -0.2
AVIV Avantis International Large Cap Value ETF 0.3 25 54 9.3 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 76 7.5 -0.2
STXI Strive International Developed Markets ETF 0.3 29 50 5.9 -1.8
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 7.6 -0.1
ACWI iShares MSCI ACWI ETF 0.3 32 47 6.0 -1.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 8.3 +0.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 67 5.1 -2.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 54 10.1 +2.4
CLNR IQ Cleaner Transport ETF 0.3 45 34 7.3 -0.5
VT Vanguard Total World Stock ETF 0.3 7 72 6.3 -1.4
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 59 7.1 -0.6
IVLU iShares MSCI Intl Value Factor ETF 0.3 30 49 11.1 +3.4
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 34 7.0 -0.7
DFIC Dimensional International Core Equity 2 ETF 0.2 23 56 7.9 +0.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 14 8.1 +0.4
BLES Inspire Global Hope ETF 0.2 61 18 6.8 -0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 7 -1.2 -8.9
LIMI Themes Lithium & Battery Metal Miners ETF 0.2 35 44 0.0 -7.7
EFG iShares MSCI EAFE Growth ETF 0.2 36 43 4.5 -3.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 45 6.2 -1.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 72 7.0 -0.7
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 55 7.4 -0.3
DFIV Dimensional International Value ETF 0.2 27 52 10.4 +2.7
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 32 5.8 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 34 9.3 +1.6
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 55 6.6 -1.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 39 7.4 -0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 70 6.1 -1.6
FDVV Fidelity High Dividend ETF 0.2 15 64 7.5 -0.2
OPTZ Optimize Strategy Index ETF 0.2 50 29 5.3 -2.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 5.4 -2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 37 6.8 -0.9
SHPP Pacer Industrials and Logistics ETF 0.1 60 19 5.1 -2.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 32 5.7 -2.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 70 5.5 -2.2
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 69 6.1 -1.6
TOK iShares MSCI Kokusai ETF 0.1 26 53 5.2 -2.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -1 11.8 +4.1
URTH iShares MSCI World ETF 0.1 24 55 5.5 -2.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.9 -1.8
FRDM Freedom 100 Emerging Markets ETF 0.1 49 30 9.1 +1.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 21 8.4 +0.7
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 21 8.9 +1.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 20 7.4 -0.3
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 37 7.2 -0.6
FILL iShares MSCI Global Energy Producers ETF 0.1 39 40 11.4 +3.7
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 40 7.0 -0.7
SCHC Schwab International Small-Cap Equity ETF 0.1 11 68 7.1 -0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 6.2 -1.5
DFIS Dimensional International Small Cap ETF 0.1 39 40 7.9 +0.2
IUS Invesco RAFI Strategic US ETF 0.1 19 60 7.1 -0.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 58 4.3 -3.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 64 6.0 -1.7
VGK Vanguard FTSE Europe ETF 0.0 11 68 7.5 -0.2
SPEU SPDR Portfolio Europe ETF 0.0 7 72 7.5 -0.2
VIGI Vanguard International Dividend Appreciation ETF 0.0 15 64 6.2 -1.5
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 70 7.2 -0.5
FLEE Franklin FTSE Europe ETF 0.0 9 70 7.0 -0.7
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 8.6 +0.9
GWX SPDR S&P International Small Cap ETF 0.0 40 39 6.7 -1.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 6.7 -1.0
IEUR iShares Core MSCI Europe ETF 0.0 11 68 7.4 -0.3
NLR VanEck Uranium+Nuclear Energy ETF 0.0 61 18 3.4 -4.4
URA Global X Uranium ETF 0.0 69 10 3.5 -4.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 70 5.0 -2.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 59 11.3 +3.6

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 14.2 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.50
 
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.