SMOG vs. KTEC ETF Comparison

Comparison of VanEck Vectors Low Carbon Energy ETF (SMOG) to KraneShares Hang Seng TECH Index ETF (KTEC)

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$100.62

Average Daily Volume

2,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$13.04

Average Daily Volume

35,994

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMOG	KTEC
30 Days	-2.70%	-5.66%
60 Days	-7.20%	10.41%
90 Days	-2.74%	19.97%
12 Months	-1.10%	5.93%

3 Overlapping Holdings

Symbol	Grade	Weight in SMOG	Weight in KTEC	Overlap
LI	F	3.8%	6.05%	3.8%
NIO	F	1.66%	0.27%	0.27%
XPEV	C	2.18%	4.36%	2.18%

SMOG Overweight 23 Positions Relative to KTEC

Symbol	Grade	Weight
TSLA	B	11.5%
NEE	D	7.6%
FSLR	F	4.05%
OC	A	3.52%
RIVN	F	2.14%
EBR	F	2.06%
ENPH	F	1.81%
IBP	D	1.06%
ORA	B	0.84%
CIG	C	0.82%
ENS	D	0.8%
LCID	F	0.67%
TAC	B	0.6%
HASI	D	0.54%
BE	B	0.5%
QS	F	0.46%
RUN	F	0.41%
ELP	F	0.41%
PLUG	F	0.36%
AY	B	0.34%
DQ	F	0.29%
JKS	F	0.2%
SEDG	F	0.17%

SMOG Underweight 5 Positions Relative to KTEC

Symbol	Grade	Weight
BABA	D	-7.31%
TCOM	B	-4.38%
BIDU	F	-3.09%
BILI	D	-2.57%
WB	D	-0.02%