PAPI vs. KVLE ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to KFA Value Line Dynamic Core Equity Index ETF (KVLE)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

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

Performance

Period	PAPI	KVLE
30 Days	3.08%	2.70%
60 Days	3.73%	5.03%
90 Days	4.88%	7.18%
12 Months	19.25%	27.85%

48 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in KVLE	Overlap
ABBV	D	0.46%	1.18%	0.46%
ADP	B	0.54%	1.69%	0.54%
AEP	D	0.5%	0.64%	0.5%
AFL	B	0.5%	0.36%	0.36%
APD	A	0.51%	1.66%	0.51%
CAG	D	0.48%	0.65%	0.48%
CALM	A	0.51%	1.5%	0.51%
CMCSA	B	0.54%	1.6%	0.54%
CME	A	0.52%	0.46%	0.46%
CMI	A	0.57%	0.89%	0.57%
CSCO	B	0.54%	1.93%	0.54%
CVX	A	0.57%	1.02%	0.57%
DOW	F	0.44%	1.18%	0.44%
DTM	B	0.62%	1.54%	0.62%
DUK	C	0.5%	0.17%	0.17%
ED	D	0.48%	0.86%	0.48%
FAST	B	0.56%	1.56%	0.56%
FLO	D	0.49%	0.88%	0.49%
GD	F	0.5%	0.14%	0.14%
GILD	C	0.53%	1.58%	0.53%
IBM	C	0.46%	1.16%	0.46%
JNJ	D	0.5%	0.45%	0.45%
KMB	D	0.49%	1.42%	0.49%
KO	D	0.45%	0.31%	0.31%
MO	A	0.59%	1.88%	0.59%
MRK	F	0.46%	0.98%	0.46%
MSFT	F	0.53%	5.68%	0.53%
MSM	C	0.53%	0.55%	0.53%
OGS	A	0.54%	0.56%	0.54%
OKE	A	0.61%	0.33%	0.33%
PAYX	C	0.53%	1.58%	0.53%
PEG	A	0.52%	0.67%	0.52%
PFE	D	0.44%	1.58%	0.44%
PG	A	0.52%	0.87%	0.52%
PKG	A	0.56%	1.11%	0.56%
PM	B	0.56%	0.28%	0.28%
PSX	C	0.52%	0.86%	0.52%
RF	A	0.57%	0.25%	0.25%
RHI	B	0.57%	0.6%	0.57%
RTX	C	0.5%	0.23%	0.23%
SNA	A	0.63%	0.6%	0.6%
TROW	B	0.56%	1.35%	0.56%
TXN	C	0.53%	1.65%	0.53%
UPS	C	0.52%	1.32%	0.52%
VZ	C	0.5%	1.48%	0.5%
WEC	A	0.52%	1.5%	0.52%
WSO	A	0.56%	0.87%	0.56%
WU	D	0.48%	1.17%	0.48%

PAPI Overweight 141 Positions Relative to KVLE

Symbol	Grade	Weight
GRMN	B	0.65%
IP	B	0.63%
BKR	B	0.62%
EMR	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
EA	A	0.59%
PB	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
DGX	A	0.57%
SYK	C	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
COP	C	0.56%
VLO	C	0.55%
PPL	B	0.55%
DCI	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
EVRG	A	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
COR	B	0.54%
ORI	A	0.54%
WMT	A	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
TJX	A	0.54%
MTN	C	0.54%
AEE	A	0.54%
CTSH	B	0.53%
LHX	C	0.53%
AM	A	0.53%
PRU	A	0.53%
ATO	A	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
ROP	B	0.52%
ABT	B	0.52%
NFG	A	0.52%
ATR	B	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
CHRD	D	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
LKQ	D	0.51%
OXM	D	0.51%
MDT	D	0.51%
CTVA	C	0.5%
BDX	F	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
FE	C	0.5%
ACN	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
SO	D	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
LIN	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
LYB	F	0.48%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
PEP	F	0.48%
RPRX	D	0.48%
LEA	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
KDP	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 38 Positions Relative to KVLE

Symbol	Grade	Weight
NVDA	C	-7.5%
AAPL	C	-5.13%
GOOG	C	-3.45%
AMZN	C	-3.18%
HD	A	-2.24%
META	D	-2.13%
BMY	B	-1.86%
GS	A	-1.8%
APH	A	-1.66%
PSA	D	-1.48%
MMS	F	-1.34%
LMT	D	-1.27%
HESM	B	-1.19%
JPM	A	-1.13%
LLY	F	-0.99%
ETR	B	-0.94%
UNP	C	-0.87%
SPG	B	-0.85%
AMGN	D	-0.82%
MS	A	-0.75%
EPD	A	-0.62%
MCD	D	-0.59%
UGI	A	-0.58%
VIRT	B	-0.57%
CL	D	-0.45%
ALL	A	-0.44%
TMO	F	-0.39%
NFLX	A	-0.35%
MCK	B	-0.31%
NTAP	C	-0.29%
POWL	C	-0.27%
DKS	C	-0.25%
SR	A	-0.24%
ORCL	B	-0.18%
GIS	D	-0.14%
CFG	B	-0.13%
CVS	D	-0.1%
APP	B	-0.1%