KEM vs. QAI ETF Comparison
Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
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
$26.00
Average Daily Volume
638
2
QAI
IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF
QAI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.Grade (RS Rating)
Last Trade
$31.10
Average Daily Volume
61,468
43
Performance
| Period | KEM | QAI |
|---|---|---|
| 30 Days | 1.10% | 0.55% |
| 60 Days | -0.50% | 1.24% |
| 90 Days | 3.31% | 0.78% |
| 12 Months | 8.43% |
0 Overlapping Holdings
| Symbol | Grade | Weight in KEM | Weight in QAI | Overlap |
|---|
KEM Underweight 43 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.62% | |
| MUB | A | -3.56% | |
| SIVR | B | -0.0% | |
| GLDM | C | --0.01% | |
| SPHQ | B | --0.01% | |
| PIN | A | --0.01% | |
| FLJP | C | --0.01% | |
| VGLT | C | --0.02% | |
| CTA | C | --0.03% | |
| COMT | B | --0.04% | |
| BBJP | C | --0.04% | |
| SCHG | A | --0.04% | |
| KMLM | F | --0.05% | |
| PFFD | B | --0.07% | |
| VMBS | A | --0.07% | |
| MBB | B | --0.12% | |
| ARB | A | --0.17% | |
| DBMF | A | --0.18% | |
| SOXX | B | --0.21% | |
| HYLB | A | --0.23% | |
| MTUM | A | --0.3% | |
| PDBC | B | --0.33% | |
| DBA | D | --0.37% | |
| SRLN | B | --0.41% | |
| SCHR | A | --0.41% | |
| JEPI | C | --0.45% | |
| PFF | B | --0.46% | |
| BKLN | A | --0.49% | |
| VTEB | A | --0.51% | |
| ICVT | A | --0.52% | |
| STIP | A | --0.53% | |
| JEPQ | A | --0.54% | |
| FXB | A | --0.54% | |
| MNA | B | --0.66% | |
| FLRN | A | --0.84% | |
| UUP | A | --0.95% | |
| CWB | A | --1.1% | |
| IGOV | D | --1.18% | |
| VGIT | A | --1.24% | |
| SGOV | C | --1.24% | |
| BWX | F | --2.02% | |
| BIL | B | --2.06% | |
| BTAL | B | --3.45% |
KEM: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Compare ETFs
