KEM vs. QVOY ETF Comparison

Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to Q3 All-Season Active Rotation ETF (QVOY)

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

$27.21

Average Daily Volume

752

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

QVOY

Q3 All-Season Active Rotation ETF

QVOY Description

Under normal circumstances, the fund will invest primarily in shares of other investment companies, including exchange-traded funds ("ETFs"), open-end mutual funds, and closed-end funds across four category "sleeves": core equity, active equity, bonds, and alternatives. The fund may indirectly invest in equity securities of all capitalization ranges and in debt securities of all credit qualities.

Grade (RS Rating)

Last Trade

$28.36

Average Daily Volume

16,015

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	KEM	QVOY
30 Days	-4.28%	-0.65%
60 Days	4.48%	1.29%
90 Days	5.57%	3.75%
12 Months	7.12%	4.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEM	Weight in QVOY	Overlap

KEM Overweight 1 Positions Relative to QVOY

	Symbol	Grade	Weight
	KEMX	D	40.63%

KEM Underweight 8 Positions Relative to QVOY

	Symbol	Grade	Weight
	SCHG	A	-14.44%
	GDX	C	-12.34%
	GLDM	C	-4.19%
	PFFD	D	-4.13%
	ICVT	A	-4.12%
	VCIT	C	-1.31%
	IEF	F	-1.31%
	USHY	A	-1.23%

KEM: Top Represented Industries & Keywords

Industries:

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

QVOY: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Corporate Bond Index Fund Stock Market Index Swaps American Depositary Receipt Barclays Bond Market Bullion Convertibles Dow Jones U.S. Total Stock Market Index Equity Derivative Futures Markets Gold As An Investment Gold Mining Gold Mining Industry