KEMQ vs. CGRO ETF Comparison

Comparison of KraneShares FTSE Emerging Markets Consumer Technology Index ETF (KEMQ) to CoreValues Alpha Greater China Growth ETF (CGRO)

KEMQ

KraneShares FTSE Emerging Markets Consumer Technology Index ETF

KEMQ Description

The investment seeks to provide investment results that track the price and yield performance of Solactive Emerging Market Consumer Technology Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index, depositary receipts, including ADRs, representing such components and securities underlying depositary receipts in the index. The index is composed of the equity securities of the 50 companies with the largest market capitalization that are headquartered in certain emerging market and frontier countries and engaged in the consumer or technology sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.35

Average Daily Volume

2,604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$22.99

Average Daily Volume

743

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KEMQ	CGRO
30 Days	-4.99%	-4.14%
60 Days	6.27%	15.18%
90 Days	6.78%	17.48%
12 Months	17.40%	12.82%

5 Overlapping Holdings

Symbol	Grade	Weight in KEMQ	Weight in CGRO	Overlap
BABA	D	3.45%	3.58%	3.45%
BIDU	F	2.31%	2.08%	2.08%
BILI	D	3.18%	0.91%	0.91%
PDD	F	3.85%	9.47%	3.85%
TCOM	B	2.92%	7.4%	2.92%

KEMQ Overweight 7 Positions Relative to CGRO

Symbol	Grade	Weight
SE	A	4.25%
GDS	C	2.91%
CPNG	D	2.51%
MELI	C	2.13%
UMC	F	1.89%
DLO	C	0.83%
VIPS	F	0.74%

KEMQ Underweight 5 Positions Relative to CGRO

Symbol	Grade	Weight
BEKE	D	-4.55%
YMM	C	-2.97%
TME	D	-2.54%
LI	F	-1.17%
NTES	D	-0.35%