KLIP vs. MVFG ETF Comparison

Comparison of KraneShares Trust KraneShares China Internet and Covered Call Strategy ETF (KLIP) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

KLIP

KraneShares Trust KraneShares China Internet and Covered Call Strategy ETF

KLIP Description

The fund invests 80% of its net assets in the component securities of the CSI Overseas China Internet Index or in instruments that have economic characteristics similar to those in the index and writes covered call options on the index or in instruments that have economic characteristics similar to writing covered call options on the index. Currently, the adviser intends to invest in KraneShares CSI China Internet ETF ("Underlying Fund") and to write (sell) covered call options on the underlying fund. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.46

Average Daily Volume

161,991

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFG

Monarch Volume Factor Global Unconstrained Index ETF

MVFG Description

MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.

Grade (RS Rating)

Last Trade

$26.84

Average Daily Volume

4,476

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KLIP	MVFG
30 Days	-2.71%	-2.03%
60 Days	-1.11%	-1.25%
90 Days	2.05%	3.87%
12 Months	-2.58%

1 Overlapping Holdings

	Symbol	Grade	Weight in KLIP	Weight in MVFG	Overlap
	KWEB	B	95.48%	3.42%	3.42%

KLIP Overweight 0 Positions Relative to MVFG

	Symbol	Grade	Weight

KLIP Underweight 9 Positions Relative to MVFG

Symbol	Grade	Weight
XLRE	D	-4.65%
XSMO	B	-4.56%
SPHD	C	-4.47%
IWP	A	-4.33%
SCHH	D	-4.32%
CIBR	B	-4.19%
ESGV	A	-4.15%
GUNR	D	-3.95%
ASHR	B	-3.47%

KLIP: Top Represented Industries & Keywords

Industries:

Keywords: Csi ETF Exchange Traded Fund Index Fund Internet Index

MVFG: Top Represented Industries & Keywords

Industries: