KVLE vs. SIZE ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to iShares MSCI USA Size Factor (SIZE)

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

$26.45

Average Daily Volume

4,782

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SIZE

iShares MSCI USA Size Factor

SIZE Description

The investment seeks to track the performance of MSCI USA Risk Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Risk Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$148.54

Average Daily Volume

4,235

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	SIZE
30 Days	2.88%	2.77%
60 Days	5.25%	5.29%
90 Days	8.05%	8.46%
12 Months	25.58%	28.01%

27 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in SIZE	Overlap
AAPL	C	5.08%	5.52%	5.08%
ADP	C	1.61%	1.63%	1.61%
APD	B	1.55%	0.32%	0.32%
BLK	B	1.28%	0.9%	0.9%
CME	B	0.43%	0.5%	0.43%
CSCO	B	1.91%	1.6%	1.6%
ED	B	0.98%	0.53%	0.53%
FAST	C	1.35%	0.37%	0.37%
GOOG	D	3.46%	1.46%	1.46%
JNJ	C	0.47%	2.28%	0.47%
KO	B	0.35%	1.66%	0.35%
LLY	D	1.22%	4.26%	1.22%
LMT	A	0.73%	1.17%	0.73%
META	B	2.6%	4.17%	2.6%
MSFT	C	5.97%	4.67%	4.67%
NFLX	B	0.31%	1.55%	0.31%
NTAP	D	0.55%	0.22%	0.22%
NVDA	C	7.51%	5.92%	5.92%
PAYX	C	1.56%	0.46%	0.46%
PEG	B	0.66%	0.69%	0.66%
PKG	B	1.05%	0.09%	0.09%
PSA	C	1.69%	0.6%	0.6%
SMCI	F	0.11%	0.15%	0.11%
TROW	C	1.3%	0.17%	0.17%
TXN	B	1.83%	1.37%	1.37%
WSM	C	0.29%	0.34%	0.29%
WSO	C	0.91%	0.11%	0.11%

KVLE Overweight 60 Positions Relative to SIZE

Symbol	Grade	Weight
AMZN	C	2.99%
HD	B	2.27%
GS	B	1.76%
PFE	D	1.71%
BMY	C	1.65%
MO	C	1.59%
WEC	B	1.58%
GILD	B	1.58%
KMB	C	1.56%
VZ	A	1.54%
CMCSA	C	1.51%
DTM	C	1.48%
HESM	D	1.44%
DOW	C	1.35%
ABBV	B	1.3%
CALM	B	1.29%
WU	C	1.27%
UPS	D	1.25%
IBM	B	1.21%
MRK	F	1.16%
JPM	D	1.07%
MSM	D	1.06%
UNP	D	0.96%
CVX	F	0.96%
AMGN	D	0.95%
PG	C	0.94%
PSX	F	0.94%
FLO	C	0.88%
ETR	A	0.82%
CMI	B	0.82%
SPG	B	0.81%
AEP	C	0.66%
MS	B	0.65%
EPD	C	0.61%
UGI	B	0.6%
MCD	B	0.57%
OGS	B	0.56%
RHI	D	0.56%
VIRT	C	0.54%
SNA	B	0.52%
VRT	C	0.48%
CL	C	0.47%
ALL	C	0.46%
DUK	B	0.38%
DKS	D	0.3%
APP	C	0.26%
SR	B	0.25%
PM	C	0.24%
RTX	B	0.24%
RF	B	0.24%
POWL	B	0.22%
EVRG	B	0.19%
ORCL	B	0.18%
AVGO	C	0.17%
DELL	C	0.16%
KRO	C	0.16%
GD	C	0.15%
CFG	D	0.13%
EQIX	B	0.12%
CVS	D	0.11%

KVLE Underweight 96 Positions Relative to SIZE

Symbol	Grade	Weight
V	C	-3.98%
MA	B	-3.96%
UNH	C	-2.74%
COST	C	-2.55%
TJX	C	-2.0%
ADBE	F	-1.84%
GOOGL	D	-1.68%
COP	F	-1.68%
ACN	C	-1.61%
NKE	D	-1.61%
CAT	B	-1.41%
AMAT	D	-1.37%
CMG	D	-1.25%
LIN	B	-1.22%
QCOM	D	-1.2%
PEP	D	-1.19%
KLAC	D	-0.96%
SLB	F	-0.89%
DHI	C	-0.84%
SRE	B	-0.84%
LRCX	D	-0.83%
PLD	C	-0.8%
MMC	C	-0.75%
ANET	C	-0.75%
ITW	B	-0.7%
VRTX	D	-0.62%
SHW	B	-0.58%
CTAS	C	-0.57%
NVR	B	-0.56%
ZTS	B	-0.56%
LULU	D	-0.55%
CDNS	D	-0.55%
MMM	B	-0.54%
MCO	C	-0.54%
GWW	B	-0.52%
SNPS	F	-0.5%
PHM	B	-0.48%
APH	C	-0.47%
TSCO	B	-0.44%
DECK	C	-0.43%
AFL	A	-0.41%
GRMN	D	-0.41%
TPL	C	-0.4%
ATO	B	-0.38%
IDXX	D	-0.36%
ULTA	D	-0.35%
CBRE	B	-0.33%
ODFL	D	-0.31%
BBY	A	-0.31%
ACGL	B	-0.29%
CSGP	D	-0.28%
MPWR	B	-0.28%
FERG	D	-0.28%
AMP	B	-0.27%
EW	F	-0.24%
AVB	C	-0.24%
A	C	-0.23%
VLTO	B	-0.23%
POOL	C	-0.23%
MANH	B	-0.21%
APA	F	-0.21%
MNST	D	-0.21%
ROK	D	-0.2%
EQT	C	-0.19%
EA	D	-0.18%
RMD	C	-0.18%
EQR	C	-0.18%
HSY	D	-0.17%
PPG	C	-0.16%
KEYS	B	-0.16%
CBOE	C	-0.15%
VEEV	C	-0.15%
EME	B	-0.14%
WAT	B	-0.13%
EXPD	B	-0.13%
ERIE	B	-0.12%
FDS	C	-0.12%
ROL	C	-0.12%
WST	D	-0.12%
LPLA	D	-0.12%
OMC	B	-0.11%
MOH	D	-0.11%
ENPH	D	-0.11%
GGG	C	-0.1%
JKHY	B	-0.09%
RS	D	-0.08%
UTHR	B	-0.08%
AVY	C	-0.08%
PAYC	D	-0.07%
MKTX	D	-0.07%
AOS	B	-0.07%
IPG	C	-0.06%
SEIC	B	-0.06%
AFG	C	-0.06%
SOLV	D	-0.05%
WBA	F	-0.03%