KEM vs. EPRF ETF Comparison

Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to Elkhorn S&P High Quality Preferred ETF (EPRF)

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

$27.19

Average Daily Volume

752

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EPRF

Elkhorn S&P High Quality Preferred ETF

EPRF Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P U.S. High Quality Preferred Stock Index. The fund generally will invest at least 90% of its total assets in U.S.-listed preferred stocks that comprise the index. The index is designed to provide exposure to U.S.-listed preferred stocks that meet the minimum size, liquidity, type of issuance, and quality criteria. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.11

Average Daily Volume

8,664

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KEM	EPRF
30 Days	-4.87%	-2.52%
60 Days	4.39%	-3.01%
90 Days	3.94%	0.84%
12 Months	8.15%	12.63%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEM	Weight in EPRF	Overlap

KEM Overweight 1 Positions Relative to EPRF

	Symbol	Grade	Weight
	KEMX	D	40.63%

KEM Underweight 3 Positions Relative to EPRF

Symbol	Grade	Weight
ESGRP	D	-4.88%
ACGLO	D	-2.24%
BAC	A	-0.38%

KEM: Top Represented Industries & Keywords

Industries:

Keywords: American Depositary Receipt ETF Emerging Market Exchange Traded Fund Msci Hong Kong Index Stock Market Index