KEM vs. GMOM ETF Comparison

Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to Cambria Global Momentum ETF (GMOM)

KEM

KraneShares Dynamic Emerging Markets Strategy ETF

KEM Description

KEM's adaptive approach leverages two core components: the KraneShares MSCI Emerging Markets ex-China Index ETF (KEMX) and the KraneShares MSCI All China Index ETF (KALL). The fund's main objective is to mitigate downside risk while trying to outperform the broad emerging markets. On a quarterly basis, it evaluates fundamental, valuation, and technical metrics, such as price-to-book ratio, price-to-equity ratio, price-to-earnings ratio, dividend yield, and moving averages. The result is a dynamically shifting portfolio, with the ability to adjust up to 30% of exposure between China and the rest of the emerging markets. To handle market ups and downs, the fund may hold up to 10% in cash and cash equivalents. The Fund may also enter lending transactions. When using a fund-of-funds wrapper, investors should take note of the total fees.

Grade (RS Rating)

Last Trade

$31.02

Average Daily Volume

615

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

GMOM

Cambria Global Momentum ETF

GMOM Description

The investment seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The fund is considered a "fund of funds" that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors.

Grade (RS Rating)

Last Trade

$29.24

Average Daily Volume

13,072

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	KEM	GMOM
30 Days	19.69%	1.60%
60 Days	22.34%	5.40%
90 Days	17.89%	2.25%
12 Months	27.62%	15.13%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEM	Weight in GMOM	Overlap

KEM Overweight 2 Positions Relative to GMOM

	Symbol	Grade	Weight
	KALL	A	54.3%
	KEMX	C	44.82%

KEM Underweight 9 Positions Relative to GMOM

	Symbol	Grade	Weight
	EYLD	B	-12.0%
	FYLD	B	-11.89%
	BAR	A	-6.3%
	EXI	A	-6.27%
	VBR	B	-6.25%
	DBP	A	-6.22%
	SYLD	B	-6.04%
	GDX	C	-6.03%
	REZ	C	-6.03%

KEM: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index American Depositary Receipt Depositary Receipt Emerging Market Msci China A Inclusion Nr Rt Usd Msci Hong Kong Index

GMOM: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Shareholder Yield Dividend Stock Market Index American Depositary Receipt CME Group Cash Flows Commodity Price Indices Equity Exchange Traded Funds Financial Capital Gold Mining Gold Mining Industry Index Fund Invesco Powershares Investment Trust Nyse Arca Gold Miners Index Private Equity Real Estate Real Estate Equities