KGRN vs. ECNS ETF Comparison

Comparison of KraneShares MSCI China Clean Technology ETF (KGRN) to iShares MSCI China Small-Cap ETF (ECNS)

KGRN

KraneShares MSCI China Clean Technology ETF

KGRN Description

The investment seeks to provide investment results that correspond to the price and yield performance of MSCI China IMI Environment 10/40 Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index, depositary receipts. The underlying index is a modified, free float adjusted market capitalization weighted index designed to track the equity market performance of Chinese companies that derive at least a majority of their revenues from environmentally beneficial products and services, as determined by MSCI Inc. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.40

Average Daily Volume

12,891

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

$26.64

Average Daily Volume

14,500

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KGRN	ECNS
30 Days	4.54%	11.58%
60 Days	-1.75%	10.15%
90 Days	12.44%	20.96%
12 Months	-21.10%	-14.02%

1 Overlapping Holdings

	Symbol	Grade	Weight in KGRN	Weight in ECNS	Overlap
	TUYA	C	0.67%	0.37%	0.37%

KGRN Overweight 3 Positions Relative to ECNS

Symbol	Grade	Weight
LI	F	7.21%
NIO	C	6.46%
XPEV	F	4.28%

KGRN Underweight 17 Positions Relative to ECNS

Symbol	Grade	Weight
YY	C	-1.15%
RLX	B	-1.02%
JKS	C	-1.01%
GDS	D	-0.94%
LU	B	-0.83%
DQ	F	-0.79%
MOMO	C	-0.77%
WB	C	-0.71%
FINV	B	-0.6%
NOAH	B	-0.51%
HUYA	B	-0.33%
TIGR	D	-0.3%
ZH	F	-0.19%
VNET	C	-0.17%
CAN	F	-0.13%
DADA	F	-0.12%
TME	B	-0.0%