KEM vs. SECT ETF Comparison

Comparison of KraneShares Dynamic Emerging Markets Strategy ETF (KEM) to Main Sector Rotation ETF (SECT)

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

$25.30

Average Daily Volume

541

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

SECT

Main Sector Rotation ETF

SECT Description

The investment seeks to outperform the S&P 500 in rising markets while limiting losses during periods of decline. The fund utilizes a fund of funds structure to invest in sector based equity ETFs. It seeks to achieve its objective through dynamic sector rotation. The Adviser focuses its research primarily on sector selection by carefully reviewing the sector, industry, and sub-industries in the fund's portfolio. The Adviser chooses sectors it believes are undervalued and poised to respond favorably to financial market catalysts. The fund sell a security when it achieves its target price and is, in the opinion of the Adviser, no longer undervalued.

Grade (RS Rating)

Last Trade

$52.49

Average Daily Volume

88,755

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	KEM	SECT
30 Days	-0.67%	-0.04%
60 Days	-4.57%	0.90%
90 Days	-2.17%	3.43%
12 Months	0.01%	22.06%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEM	Weight in SECT	Overlap

KEM Overweight 2 Positions Relative to SECT

	Symbol	Grade	Weight
	KALL	F	54.3%
	KEMX	C	44.82%

KEM Underweight 7 Positions Relative to SECT

	Symbol	Grade	Weight
	QQQ	C	-19.09%
	IJK	C	-14.93%
	XLC	B	-14.14%
	SMH	D	-11.9%
	ARKG	D	-3.44%
	OIH	D	-0.54%
	BIL	B	-0.0%

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

SECT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Depositary Receipt Bioinformatics Biotechnology Exchange Traded Funds Genomics Global Industry Classification Standard Index Fund Interactive Media Invesco Powershares Midcap Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index Oil Service Oil Services S&P 400 Semiconductor