KEUA vs. SHLD ETF Comparison

Comparison of KraneShares European Carbon Allowance ETF (KEUA) to Global X Defense Tech ETF (SHLD)

KEUA

KraneShares European Carbon Allowance ETF

KEUA Description

The KraneShares European Carbon Allowance ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.

Grade (RS Rating)

Last Trade

$22.50

Average Daily Volume

1,916

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$37.93

Average Daily Volume

198,003

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	KEUA	SHLD
30 Days	-8.28%	1.44%
60 Days	-7.04%	9.37%
90 Days	-6.19%	14.25%
12 Months	-16.93%	57.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEUA	Weight in SHLD	Overlap

KEUA Overweight 1 Positions Relative to SHLD

	Symbol	Grade	Weight
	KCSH	C	27.21%

KEUA Underweight 8 Positions Relative to SHLD

	Symbol	Grade	Weight
	LMT	A	-8.78%
	RTX	A	-8.53%
	NOC	B	-8.01%
	GD	A	-7.21%
	PLTR	C	-5.86%
	LDOS	A	-4.32%
	LHX	A	-4.29%
	HII	D	-4.03%

KEUA: Top Represented Industries & Keywords

Industries:

Keywords: Asset Index Fund Investment Management Structured Finance

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Information Technology Services Software - Infrastructure

Keywords: S&P 500 Aerospace Communications Systems National Security Space Systems Aerospace Systems Aviation Avionics Business Aviation Combat Systems Electronic Systems Information Technology Solutions Mission Systems Northrop Grumman Radar Technology Products Technology Solutions United States Navy Aerostructure Aircraft