KTEC vs. ADPV ETF Comparison

Comparison of KraneShares Hang Seng TECH Index ETF (KTEC) to Adaptiv Select ETF (ADPV)

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$16.08

Average Daily Volume

18,457

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

5,204

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KTEC	ADPV
30 Days	46.18%	-1.26%
60 Days	52.66%	8.87%
90 Days	40.63%	3.07%
12 Months	38.97%	35.81%

0 Overlapping Holdings

	Symbol	Grade	Weight in KTEC	Weight in ADPV	Overlap

KTEC Overweight 8 Positions Relative to ADPV

Symbol	Grade	Weight
BABA	A	8.46%
LI	C	7.24%
TCOM	A	3.79%
XPEV	B	3.69%
BIDU	B	3.59%
BILI	B	2.38%
NIO	B	0.35%
WB	B	0.02%

KTEC Underweight 10 Positions Relative to ADPV

Symbol	Grade	Weight
AMCR	B	-5.81%
PPC	B	-5.59%
HBAN	D	-5.05%
VIRT	B	-4.77%
FNB	D	-4.74%
T	A	-4.71%
OWL	A	-4.7%
PLTR	A	-4.57%
KEY	C	-4.52%
NU	D	-4.51%