KVLE vs. MDIV ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to Multi-Asset Diversified Income Index Fund (MDIV)

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.76

Average Daily Volume

3,768

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.76

Average Daily Volume

87,595

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	MDIV
30 Days	2.70%	1.81%
60 Days	5.03%	1.08%
90 Days	7.18%	3.36%
12 Months	27.85%	18.42%

23 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in MDIV	Overlap
AEP	D	0.64%	0.31%	0.31%
BMY	B	1.86%	0.55%	0.55%
CAG	D	0.65%	0.38%	0.38%
CVX	A	1.02%	0.41%	0.41%
DTM	B	1.54%	0.45%	0.45%
DUK	C	0.17%	0.34%	0.17%
EPD	A	0.62%	0.82%	0.62%
ETR	B	0.94%	0.44%	0.44%
FLO	D	0.88%	0.37%	0.37%
GILD	C	1.58%	0.44%	0.44%
GIS	D	0.14%	0.3%	0.14%
IBM	C	1.16%	0.34%	0.34%
KMB	D	1.42%	0.31%	0.31%
MSM	C	0.55%	0.36%	0.36%
OGS	A	0.56%	0.38%	0.38%
OKE	A	0.33%	0.51%	0.33%
PSA	D	1.48%	0.56%	0.56%
SPG	B	0.85%	0.77%	0.77%
SR	A	0.24%	0.42%	0.24%
TROW	B	1.35%	0.46%	0.46%
VZ	C	1.48%	0.6%	0.6%
WEC	A	1.5%	0.37%	0.37%
WU	D	1.17%	0.64%	0.64%

KVLE Overweight 63 Positions Relative to MDIV

Symbol	Grade	Weight
NVDA	C	7.5%
MSFT	F	5.68%
AAPL	C	5.13%
GOOG	C	3.45%
AMZN	C	3.18%
HD	A	2.24%
META	D	2.13%
CSCO	B	1.93%
MO	A	1.88%
GS	A	1.8%
ADP	B	1.69%
APH	A	1.66%
APD	A	1.66%
TXN	C	1.65%
CMCSA	B	1.6%
PAYX	C	1.58%
PFE	D	1.58%
FAST	B	1.56%
CALM	A	1.5%
MMS	F	1.34%
UPS	C	1.32%
LMT	D	1.27%
HESM	B	1.19%
ABBV	D	1.18%
DOW	F	1.18%
JPM	A	1.13%
PKG	A	1.11%
LLY	F	0.99%
MRK	F	0.98%
CMI	A	0.89%
PG	A	0.87%
WSO	A	0.87%
UNP	C	0.87%
PSX	C	0.86%
ED	D	0.86%
AMGN	D	0.82%
MS	A	0.75%
PEG	A	0.67%
RHI	B	0.6%
SNA	A	0.6%
MCD	D	0.59%
UGI	A	0.58%
VIRT	B	0.57%
CME	A	0.46%
CL	D	0.45%
JNJ	D	0.45%
ALL	A	0.44%
TMO	F	0.39%
AFL	B	0.36%
NFLX	A	0.35%
MCK	B	0.31%
KO	D	0.31%
NTAP	C	0.29%
PM	B	0.28%
POWL	C	0.27%
DKS	C	0.25%
RF	A	0.25%
RTX	C	0.23%
ORCL	B	0.18%
GD	F	0.14%
CFG	B	0.13%
CVS	D	0.1%
APP	B	0.1%

KVLE Underweight 80 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	C	-20.0%
IEP	F	-1.51%
PMT	D	-1.47%
ARLP	A	-1.41%
DMLP	A	-1.3%
BSM	B	-1.28%
KRP	B	-1.27%
DKL	C	-1.2%
CAPL	D	-1.17%
USAC	B	-1.16%
AGNCN	B	-1.09%
APLE	B	-1.05%
LADR	B	-1.03%
EPR	D	-0.99%
GLP	A	-0.96%
MPLX	A	-0.95%
LTC	B	-0.94%
CQP	B	-0.92%
ET	A	-0.91%
NRP	B	-0.89%
WES	C	-0.86%
GTY	B	-0.84%
HST	C	-0.83%
FITBI	C	-0.79%
GLPI	C	-0.79%
CHSCO	C	-0.78%
CHSCL	C	-0.76%
SUN	B	-0.74%
AAT	B	-0.72%
CHSCN	D	-0.72%
RZC	C	-0.72%
PAA	B	-0.71%
VICI	C	-0.71%
IIPR	D	-0.71%
FCPT	C	-0.71%
CHSCM	D	-0.69%
PAGP	A	-0.67%
NHI	D	-0.65%
NNN	D	-0.64%
BRX	A	-0.63%
ALEX	C	-0.62%
LAMR	D	-0.61%
CTRE	D	-0.6%
T	A	-0.6%
CDP	C	-0.58%
REG	B	-0.57%
MAA	B	-0.57%
CUBE	D	-0.56%
CHRD	D	-0.54%
ENLC	A	-0.51%
FANG	D	-0.47%
NWE	B	-0.45%
EVRG	A	-0.44%
GEL	D	-0.44%
BKH	A	-0.43%
AVA	A	-0.43%
HMN	B	-0.42%
PINC	B	-0.42%
LYB	F	-0.41%
PRU	A	-0.4%
PNM	F	-0.39%
XEL	A	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
KHC	F	-0.38%
ES	D	-0.37%
DVN	F	-0.36%
POR	C	-0.36%
PNC	B	-0.36%
DRI	B	-0.36%
FE	C	-0.35%
IPG	D	-0.34%
EIX	B	-0.34%
NJR	A	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
SON	D	-0.32%
NFG	A	-0.32%
MDT	D	-0.31%
NMM	D	-0.05%