KEM vs. INTL ETF Comparison

Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to Main International ETF (INTL)

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

$26.23

Average Daily Volume

643

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

INTL

Main International ETF

INTL Description

The fund utilizes a “fund of funds” structure to invest in ETFs that primarily provide exposure to non-U.S. equity securities of companies of any capitalization representing sectors and geographic regions that appear undervalued in comparison to their historical average price. Under normal circumstances, the fund invests at least 50% of its total assets in funds that invest at least 50% of their respective total assets in securities of non-U.S. issuers organized or having their principal place of business outside the U.S.

Grade (RS Rating)

Last Trade

$23.02

Average Daily Volume

7,923

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	KEM	INTL
30 Days	0.86%	0.73%
60 Days	0.38%	0.21%
90 Days	5.09%	0.54%
12 Months		14.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEM	Weight in INTL	Overlap

KEM Overweight 2 Positions Relative to INTL

	Symbol	Grade	Weight
	KALL	D	57.0%
	KEMX	A	42.03%

KEM Underweight 10 Positions Relative to INTL

	Symbol	Grade	Weight
	FLJP	C	-15.67%
	FLCH	D	-7.84%
	FLTW	A	-7.31%
	EWH	D	-7.24%
	FLMX	D	-7.19%
	FLKR	A	-6.21%
	EWG	C	-6.19%
	FLIN	A	-5.51%
	EWN	A	-5.26%
	IZRL	C	-4.97%

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

INTL: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Ftse Group Exchange Traded Funds MSCI EAFE Russell Microcap Index Stock Market Index Biotechnology Consumer Services Depositary Receipt Ftse 100 Index Ftse China 50 Index Genomics Germany Index Health Technology Index Fund Index Numbers Msci Germany Index Msci Hong Kong Index Msci Nordic Countries Index