CXSE vs. KALL ETF Comparison

Comparison of WisdomTree China ex-State-Owned Enterprises Fund (CXSE) to KraneShares MSCI All China Index ETF (KALL)

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

CXSE Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.91

Average Daily Volume

65,956

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KALL

KraneShares MSCI All China Index ETF

KALL Description

The investment seeks to provide investment results that correspond to the price and yield performance of the MSCI China All Shares Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index and depositary receipts, including ADRs, representing such components. The index is a free float adjusted market capitalization weighted index designed to track the performance of Chinese exchange-listed equity securities. The securities eligible for inclusion in the index include all types of publicly issued shares of Chinese issuers, such as A-Shares, B-Shares, H-Shares, P-Chips and Red Chips.

Grade (RS Rating)

Last Trade

$20.50

Average Daily Volume

10,020

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CXSE	KALL
30 Days	-5.78%	-4.59%
60 Days	15.39%	12.85%
90 Days	16.74%	12.38%
12 Months	7.55%	12.14%

13 Overlapping Holdings

Symbol	Grade	Weight in CXSE	Weight in KALL	Overlap
BABA	D	7.91%	4.94%	4.94%
BEKE	D	0.81%	0.52%	0.52%
BIDU	F	1.29%	0.81%	0.81%
BILI	D	0.41%	0.28%	0.28%
BZ	F	0.39%	0.19%	0.19%
IQ	F	0.24%	0.07%	0.07%
LI	F	0.49%	0.46%	0.46%
NIO	F	0.32%	0.29%	0.29%
PDD	F	3.49%	2.09%	2.09%
TCOM	B	1.32%	1.16%	1.16%
TME	D	0.49%	0.49%	0.49%
VIPS	F	0.13%	0.3%	0.13%
YUMC	C	0.66%	0.68%	0.66%

CXSE Overweight 5 Positions Relative to KALL

Symbol	Grade	Weight
BGNE	D	0.73%
GDS	C	0.39%
LEGN	D	0.36%
XPEV	C	0.3%
JKS	F	0.21%

CXSE Underweight 4 Positions Relative to KALL

Symbol	Grade	Weight
TAL	F	-0.34%
HTHT	D	-0.33%
QFIN	A	-0.22%
ATHM	C	-0.17%