KTEC vs. FXI ETF Comparison

Comparison of KraneShares Hang Seng TECH Index ETF (KTEC) to iShares China Large-Cap ETF (FXI)

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

$13.34

Average Daily Volume

35,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXI

iShares China Large-Cap ETF

FXI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to track the performance of the largest companies in the Chinese equity market that are available to international investors. The underlying index consists of 25 of the largest and most liquid Chinese companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.40

Average Daily Volume

73,914,775

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KTEC	FXI
30 Days	-3.92%	-4.51%
60 Days	16.79%	13.23%
90 Days	25.13%	18.15%
12 Months	8.27%	21.02%

4 Overlapping Holdings

Symbol	Grade	Weight in KTEC	Weight in FXI	Overlap
BABA	D	7.31%	8.42%	7.31%
BIDU	F	3.09%	2.6%	2.6%
LI	F	6.05%	1.36%	1.36%
TCOM	B	4.38%	3.93%	3.93%

KTEC Overweight 4 Positions Relative to FXI

Symbol	Grade	Weight
XPEV	C	4.36%
BILI	C	2.57%
NIO	F	0.27%
WB	D	0.02%

KTEC Underweight 2 Positions Relative to FXI

	Symbol	Grade	Weight
	BGNE	D	-1.33%
	HKD	F	-0.0%