KALL vs. FNDE ETF Comparison

Comparison of KraneShares MSCI All China Index ETF (KALL) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

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

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.60

Average Daily Volume

631,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KALL	FNDE
30 Days	-6.69%	-3.77%
60 Days	8.13%	0.36%
90 Days	9.20%	0.79%
12 Months	8.97%	18.92%

6 Overlapping Holdings

Symbol	Grade	Weight in KALL	Weight in FNDE	Overlap
BABA	D	4.94%	2.79%	2.79%
BEKE	D	0.52%	0.07%	0.07%
BIDU	F	0.81%	0.37%	0.37%
PDD	F	2.09%	0.08%	0.08%
VIPS	F	0.3%	0.26%	0.26%
YUMC	C	0.68%	0.33%	0.33%

KALL Overweight 11 Positions Relative to FNDE

Symbol	Grade	Weight
TCOM	B	1.16%
TME	D	0.49%
LI	F	0.46%
TAL	F	0.34%
HTHT	D	0.33%
NIO	F	0.29%
BILI	D	0.28%
QFIN	B	0.22%
BZ	F	0.19%
ATHM	D	0.17%
IQ	F	0.07%

KALL Underweight 13 Positions Relative to FNDE

Symbol	Grade	Weight
VALE	F	-1.8%
JD	D	-0.76%
HDB	C	-0.44%
UMC	F	-0.35%
IBN	C	-0.33%
GGB	C	-0.3%
CHT	D	-0.28%
SBSW	D	-0.27%
ABEV	F	-0.22%
WIT	A	-0.14%
BCH	F	-0.1%
ZTO	F	-0.06%
EC	D	-0.05%