KEMQ vs. ECNS ETF Comparison

Comparison of KraneShares FTSE Emerging Markets Consumer Technology Index ETF (KEMQ) to iShares MSCI China Small-Cap ETF (ECNS)

KEMQ

KraneShares FTSE Emerging Markets Consumer Technology Index ETF

KEMQ Description

The investment seeks to provide investment results that track the price and yield performance of Solactive Emerging Market Consumer Technology Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index, depositary receipts, including ADRs, representing such components and securities underlying depositary receipts in the index. The index is composed of the equity securities of the 50 companies with the largest market capitalization that are headquartered in certain emerging market and frontier countries and engaged in the consumer or technology sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.88

Average Daily Volume

2,110

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECNS

iShares MSCI China Small-Cap ETF

ECNS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Small Cap 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 bottom 14% by market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.35

Average Daily Volume

13,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KEMQ	ECNS
30 Days	6.33%	8.70%
60 Days	10.43%	11.58%
90 Days	14.66%	19.61%
12 Months	8.82%	-14.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in KEMQ	Weight in ECNS	Overlap
	GDS	C	2.62%	0.99%	0.99%

KEMQ Overweight 12 Positions Relative to ECNS

Symbol	Grade	Weight
PDD	B	4.03%
SE	B	3.84%
BABA	B	3.46%
MA	D	3.18%
CPNG	C	2.84%
TCOM	A	2.68%
BIDU	C	2.52%
BILI	B	2.5%
MELI	B	2.37%
UMC	D	2.29%
VIPS	D	0.66%
DLO	F	0.6%

KEMQ Underweight 17 Positions Relative to ECNS

Symbol	Grade	Weight
YY	C	-1.16%
RLX	B	-1.04%
JKS	C	-0.98%
LU	B	-0.83%
DQ	F	-0.83%
MOMO	C	-0.78%
WB	C	-0.66%
FINV	B	-0.6%
NOAH	B	-0.47%
HUYA	B	-0.37%
TUYA	C	-0.37%
TIGR	C	-0.29%
ZH	F	-0.2%
VNET	D	-0.16%
DADA	F	-0.13%
CAN	F	-0.13%
TME	B	-0.0%