ASET vs. KEM ETF Comparison

Comparison of FlexShares Real Assets Allocation Index Fund (ASET) to KraneShares Dynamic Emerging Markets Strategy ETF (KEM)

ASET

FlexShares Real Assets Allocation Index Fund

ASET Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Real Assets Allocation IndexSM. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of an optimized allocation to the underlying funds that is intended to provide exposures to certain real assets and minimize overall volatility of investment in the underlying funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.63

Average Daily Volume

9,548

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KEM

KraneShares Dynamic Emerging Markets Strategy ETF

KEM Description

KEM's adaptive approach leverages two core components: the KraneShares MSCI Emerging Markets ex-China Index ETF (KEMX) and the KraneShares MSCI All China Index ETF (KALL). The fund's main objective is to mitigate downside risk while trying to outperform the broad emerging markets. On a quarterly basis, it evaluates fundamental, valuation, and technical metrics, such as price-to-book ratio, price-to-equity ratio, price-to-earnings ratio, dividend yield, and moving averages. The result is a dynamically shifting portfolio, with the ability to adjust up to 30% of exposure between China and the rest of the emerging markets. To handle market ups and downs, the fund may hold up to 10% in cash and cash equivalents. The Fund may also enter lending transactions. When using a fund-of-funds wrapper, investors should take note of the total fees.

Grade (RS Rating)

Last Trade

$26.13

Average Daily Volume

889

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ASET	KEM
30 Days	-1.11%	3.83%
60 Days	1.96%	6.46%
90 Days	2.86%	13.02%
12 Months	4.62%

0 Overlapping Holdings

	Symbol	Grade	Weight in ASET	Weight in KEM	Overlap

ASET Overweight 3 Positions Relative to KEM

Symbol	Grade	Weight
NFRA	C	50.46%
GUNR	A	32.09%
GQRE	C	17.38%

ASET Underweight 2 Positions Relative to KEM

	Symbol	Grade	Weight
	KALL	B	-54.36%
	KEMX	B	-44.73%

ASET: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund American Depositary Receipt Banking Global Depository Receipt Investment Trust Natural Resources Northern Trust Real Estate Investment Trust Stoxx

KEM: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index American Depositary Receipt Depositary Receipt Emerging Market Msci China A Inclusion Nr Rt Usd Msci Hong Kong Index