KEUA vs. SHLD ETF Comparison

Comparison of KraneShares European Carbon Allowance ETF (KEUA) to Global X Defense Tech ETF (SHLD)

KEUA

KraneShares European Carbon Allowance ETF

KEUA Description

The KraneShares European Carbon Allowance ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.

Grade (RS Rating)

Last Trade

$22.75

Average Daily Volume

11,082

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$32.98

Average Daily Volume

35,482

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	KEUA	SHLD
30 Days	6.14%	-0.95%
60 Days	23.55%	6.54%
90 Days	5.28%	16.72%
12 Months	-25.96%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEUA	Weight in SHLD	Overlap

KEUA Overweight 1 Positions Relative to SHLD

	Symbol	Grade	Weight
	CLWT	A	75.05%

KEUA Underweight 7 Positions Relative to SHLD

	Symbol	Grade	Weight
	RTX	A	-7.9%
	GD	B	-7.44%
	NOC	A	-6.66%
	LMT	A	-6.6%
	LDOS	A	-4.52%
	HII	C	-4.49%
	LHX	A	-4.19%

KEUA: Top Represented Industries & Keywords

Industries: Pollution & Treatment Controls

Keywords: Air Pollution Air Pollution Control Systems Analytical Instruments Calibration Calibration Equipment Calibration Services Chemical Control Devices Energy Conservation Energy Consumption Energy Equipment Environmental Equipment Industrial Engineering Injector Mass Spectrometry Measurement Measuring Instruments Metrology Pollution Pollution Control

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Information Technology Services

Keywords: S&P 500 Aerospace Communications Systems National Security Space Systems Aerospace Systems Aviation Avionics Business Aviation Combat Systems Electronic Systems Information Technology Solutions Mission Systems Navy Northrop Grumman Radar Technology Products Technology Solutions United States Navy Aerostructure