KALL vs. MCHI ETF Comparison

Comparison of KraneShares MSCI All China Index ETF (KALL) to iShares MSCI China ETF (MCHI)

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

MCHI

iShares MSCI China ETF

MCHI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the top 85% in market capitalization of Chinese equity markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.48

Average Daily Volume

6,144,066

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KALL	MCHI
30 Days	-6.69%	-7.21%
60 Days	8.13%	7.39%
90 Days	9.20%	9.31%
12 Months	8.97%	10.14%

8 Overlapping Holdings

Symbol	Grade	Weight in KALL	Weight in MCHI	Overlap
BABA	D	4.94%	8.14%	4.94%
BIDU	F	0.81%	1.12%	0.81%
BILI	D	0.28%	0.23%	0.23%
LI	F	0.46%	0.65%	0.46%
NIO	F	0.29%	0.29%	0.29%
TCOM	B	1.16%	1.61%	1.16%
TME	D	0.49%	0.39%	0.39%
YUMC	C	0.68%	0.87%	0.68%

KALL Overweight 9 Positions Relative to MCHI

Symbol	Grade	Weight
PDD	F	2.09%
BEKE	D	0.52%
TAL	F	0.34%
HTHT	D	0.33%
VIPS	F	0.3%
QFIN	B	0.22%
BZ	F	0.19%
ATHM	D	0.17%
IQ	F	0.07%

KALL Underweight 4 Positions Relative to MCHI

Symbol	Grade	Weight
BGNE	D	-0.48%
XPEV	C	-0.38%
MNSO	F	-0.08%
HKD	F	-0.0%