KEMX vs. GEM ETF Comparison

Comparison of KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

KEMX

KraneShares MSCI Emerging Markets ex China Index ETF

KEMX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI Emerging Markets ex China Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index and depositary receipts, including American depositary receipts ("ADRs"), representing such components. The underlying index is a free float-adjusted market capitalization weighted index designed to track the equity market performance of mid- and large-cap companies of emerging market countries, excluding China.

Grade (RS Rating)

Last Trade

$29.96

Average Daily Volume

6,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

68,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KEMX	GEM
30 Days	-2.62%	-3.80%
60 Days	-3.84%	-1.37%
90 Days	-3.98%	-1.13%
12 Months	11.86%	12.15%

17 Overlapping Holdings

Symbol	Grade	Weight in KEMX	Weight in GEM	Overlap
ABEV	F	0.26%	0.07%	0.07%
BAP	B	0.4%	0.08%	0.08%
BCH	F	0.17%	0.09%	0.09%
BVN	F	0.22%	0.03%	0.03%
CHT	D	0.5%	0.06%	0.06%
GGB	C	0.1%	0.09%	0.09%
HDB	C	1.5%	0.46%	0.46%
IBN	C	1.55%	0.8%	0.8%
KB	B	0.77%	0.27%	0.27%
KEP	B	0.22%	0.04%	0.04%
LPL	F	0.03%	0.04%	0.03%
NU	C	0.46%	0.14%	0.14%
SCCO	F	0.24%	0.09%	0.09%
SHG	D	0.5%	0.2%	0.2%
UMC	F	0.38%	0.18%	0.18%
VALE	F	0.86%	0.41%	0.41%
WIT	A	0.27%	0.21%	0.21%

KEMX Overweight 1 Positions Relative to GEM

	Symbol	Grade	Weight
	INFY	B	2.25%

KEMX Underweight 23 Positions Relative to GEM

Symbol	Grade	Weight
BABA	D	-1.93%
PDD	F	-0.75%
YUMC	C	-0.24%
SKM	D	-0.22%
QFIN	B	-0.2%
VIPS	F	-0.2%
TCOM	B	-0.18%
BIDU	F	-0.15%
BGNE	D	-0.11%
TME	D	-0.1%
KT	A	-0.09%
ATHM	D	-0.07%
LI	F	-0.06%
TAL	F	-0.06%
BEKE	D	-0.05%
ERJ	B	-0.05%
XP	F	-0.05%
BRFS	D	-0.04%
ASAI	F	-0.04%
CSAN	F	-0.04%
IQ	F	-0.03%
PAGS	F	-0.03%
BZ	F	-0.03%