KEMQ vs. GIAX ETF Comparison

Comparison of KraneShares FTSE Emerging Markets Consumer Technology Index ETF (KEMQ) to Nicholas Global Equity and Income ETF (GIAX)

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

$20.14

Average Daily Volume

2,696

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GIAX

Nicholas Global Equity and Income ETF

GIAX Description

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on one or more US equity indices. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.78

Average Daily Volume

15,865

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KEMQ	GIAX
30 Days	29.42%	3.50%
60 Days	35.20%	6.99%
90 Days	26.69%
12 Months	48.33%

1 Overlapping Holdings

	Symbol	Grade	Weight in KEMQ	Weight in GIAX	Overlap
	UMC	D	2.25%	1.98%	1.98%

KEMQ Overweight 11 Positions Relative to GIAX

Symbol	Grade	Weight
PDD	B	4.22%
SE	B	3.71%
BABA	A	3.65%
BILI	B	2.84%
GDS	B	2.68%
BIDU	C	2.6%
TCOM	A	2.45%
CPNG	C	2.35%
MELI	D	2.26%
VIPS	B	0.77%
DLO	D	0.61%

KEMQ Underweight 9 Positions Relative to GIAX

Symbol	Grade	Weight
VEA	C	-16.69%
VIG	A	-16.61%
VOO	A	-16.49%
VTWO	B	-16.44%
QQQ	B	-8.22%
ARGT	C	-4.24%
FLIN	D	-3.92%
FRDM	C	-3.55%
TSM	B	-1.98%