GXC vs. KALL ETF Comparison

Comparison of SPDR S&P China ETF (GXC) to KraneShares MSCI All China Index ETF (KALL)

GXC

SPDR S&P China ETF

GXC Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P China BMI Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in China available to foreign investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.68

Average Daily Volume

56,387

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

$17.98

Average Daily Volume

617

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GXC	KALL
30 Days	-4.07%	-4.21%
60 Days	-3.84%	-4.85%
90 Days	-7.26%	-6.38%
12 Months	-6.55%	-5.92%

16 Overlapping Holdings

Symbol	Grade	Weight in GXC	Weight in KALL	Overlap
ATHM	C	0.08%	0.2%	0.08%
BABA	C	6.74%	5.32%	5.32%
BEKE	F	0.42%	0.44%	0.42%
BIDU	F	1.01%	0.92%	0.92%
BILI	D	0.16%	0.27%	0.16%
BZ	F	0.18%	0.2%	0.18%
IQ	F	0.04%	0.07%	0.04%
LI	F	0.48%	0.45%	0.45%
NIO	C	0.41%	0.32%	0.32%
PDD	F	2.95%	1.93%	1.93%
QFIN	C	0.14%	0.19%	0.14%
TAL	F	0.15%	0.32%	0.15%
TCOM	C	1.14%	1.05%	1.05%
TME	F	0.28%	0.51%	0.28%
VIPS	F	0.17%	0.31%	0.17%
YUMC	D	0.61%	0.56%	0.56%

GXC Overweight 40 Positions Relative to KALL

Symbol	Grade	Weight
BGNE	C	0.56%
ZTO	C	0.41%
XPEV	D	0.23%
YMM	D	0.22%
LEGN	F	0.13%
GDS	C	0.09%
YY	C	0.08%
MNSO	F	0.08%
RLX	F	0.06%
DQ	F	0.04%
MOMO	D	0.04%
EH	F	0.03%
JKS	D	0.03%
LX	C	0.02%
GOTU	F	0.02%
FINV	C	0.02%
VNET	C	0.02%
RERE	D	0.02%
BLTE	D	0.02%
WB	F	0.02%
JEWL	D	0.02%
HUYA	D	0.02%
NOAH	D	0.02%
SOHU	D	0.02%
DADA	F	0.01%
API	F	0.01%
IMAB	F	0.01%
DOYU	C	0.01%
NIU	F	0.01%
CAN	D	0.01%
TIGR	F	0.01%
TUYA	F	0.01%
CBAT	F	0.01%
ATAT	B	0.01%
QD	D	0.01%
BTBT	F	0.01%
DDL	C	0.01%
FANH	F	0.0%
DAO	F	0.0%
FNGR	D	0.0%

GXC Underweight 1 Positions Relative to KALL

	Symbol	Grade	Weight
	HTHT	D	-0.32%