EMQQ vs. KALL ETF Comparison

Comparison of Emerging Markets Internet and Ecommerce ETF (The) (EMQQ) to KraneShares MSCI All China Index ETF (KALL)

EMQQ

Emerging Markets Internet and Ecommerce ETF (The)

EMQQ Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of EMQQ The Emerging Markets Internet & Ecommerce IndexTM (the "Index"). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.96

Average Daily Volume

63,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KALL

KraneShares MSCI All China Index ETF

KALL Description

The investment seeks to provide investment results that correspond to the price and yield performance of the MSCI China All Shares Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index and depositary receipts, including ADRs, representing such components. The index is a free float adjusted market capitalization weighted index designed to track the performance of Chinese exchange-listed equity securities. The securities eligible for inclusion in the index include all types of publicly issued shares of Chinese issuers, such as A-Shares, B-Shares, H-Shares, P-Chips and Red Chips.

Grade (RS Rating)

Last Trade

$20.49

Average Daily Volume

10,054

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMQQ	KALL
30 Days	-4.00%	-6.69%
60 Days	2.16%	8.13%
90 Days	6.48%	9.20%
12 Months	21.13%	8.97%

11 Overlapping Holdings

Symbol	Grade	Weight in EMQQ	Weight in KALL	Overlap
BABA	D	6.86%	4.94%	4.94%
BEKE	D	0.99%	0.52%	0.52%
BIDU	F	1.73%	0.81%	0.81%
BILI	D	0.42%	0.28%	0.28%
BZ	F	0.32%	0.19%	0.19%
IQ	F	0.07%	0.07%	0.07%
PDD	F	4.36%	2.09%	2.09%
QFIN	B	0.32%	0.22%	0.22%
TCOM	B	2.49%	1.16%	1.16%
TME	D	0.67%	0.49%	0.49%
VIPS	F	0.34%	0.3%	0.3%

EMQQ Overweight 14 Positions Relative to KALL

Symbol	Grade	Weight
MELI	D	7.94%
SE	B	6.9%
NU	C	5.85%
CPNG	D	3.75%
GRAB	B	1.34%
MMYT	B	0.82%
XP	F	0.76%
FUTU	D	0.56%
YMM	C	0.5%
FRSH	C	0.35%
STNE	F	0.33%
PAGS	F	0.2%
DESP	B	0.11%
MOMO	D	0.07%

EMQQ Underweight 6 Positions Relative to KALL

Symbol	Grade	Weight
YUMC	C	-0.68%
LI	F	-0.46%
TAL	F	-0.34%
HTHT	D	-0.33%
NIO	F	-0.29%
ATHM	D	-0.17%