KLXY vs. IPO ETF Comparison

Comparison of KraneShares Global Luxury Index ETF (KLXY) to Renaissance IPO ETF (IPO)

KLXY

KraneShares Global Luxury Index ETF

KLXY Description

Under normal circumstances, the fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a modified, free float adjusted market capitalization weighted index designed to measure the equity performance of companies in developed markets from global luxury-related sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.57

Average Daily Volume

534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPO

Renaissance IPO ETF

IPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.43

Average Daily Volume

42,489

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KLXY	IPO
30 Days	-0.30%	5.12%
60 Days	4.37%	18.48%
90 Days	0.19%	3.66%
12 Months	5.42%	38.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in KLXY	Weight in IPO	Overlap

KLXY Overweight 1 Positions Relative to IPO

	Symbol	Grade	Weight
	DECK	B	5.29%

KLXY Underweight 17 Positions Relative to IPO

Symbol	Grade	Weight
NU	D	-10.11%
KVUE	C	-9.95%
ARM	C	-9.79%
RIVN	F	-6.83%
CRBG	B	-5.16%
GTLB	D	-4.41%
TPG	A	-3.46%
HCP	A	-3.35%
GFS	F	-2.69%
BRZE	F	-1.5%
BIRK	F	-1.38%
RBRK	D	-1.31%
RDDT	B	-1.19%
INFA	D	-1.16%
FLNC	C	-0.95%
BLCO	C	-0.54%
ZK	C	-0.27%

KLXY: Top Represented Industries & Keywords

Industries: Footwear & Accessories

Keywords: Clothing Department Store E Commerce Ecommerce Fashion Footwear Goods Retailer Goods Retailers Handbags Lifestyle Mountain Bike Online Retail Online Retailer Outdoor Retailers Outlet Store Retail Outlet Stores Retail Store S&P 500 Shoe Store