KTEC vs. GXC ETF Comparison

Comparison of KraneShares Hang Seng TECH Index ETF (KTEC) to SPDR S&P China ETF (GXC)
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

$13.04

Average Daily Volume

35,994

Number of Holdings *

8

* may have additional holdings in another (foreign) market
GXC

SPDR S&P China ETF

GXC Description The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P China BMI Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in China available to foreign investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

89,387

Number of Holdings *

55

* may have additional holdings in another (foreign) market
Performance
Period KTEC GXC
30 Days -5.66% -6.22%
60 Days 10.41% 9.62%
90 Days 19.97% 10.66%
12 Months 5.93% 9.00%
9 Overlapping Holdings
Symbol Grade Weight in KTEC Weight in GXC Overlap
BABA D 7.31% 6.52% 6.52%
BIDU F 3.09% 0.88% 0.88%
BILI D 2.57% 0.17% 0.17%
LI F 6.05% 0.5% 0.5%
NIO F 0.27% 0.28% 0.27%
NIO F 0.27% 0.01% 0.01%
TCOM B 4.38% 1.22% 1.22%
WB D 0.02% 0.02% 0.02%
XPEV C 4.36% 0.3% 0.3%
KTEC Overweight 0 Positions Relative to GXC
Symbol Grade Weight
KTEC Underweight 46 Positions Relative to GXC
Symbol Grade Weight
PDD F -2.99%
YUMC C -0.72%
BEKE D -0.49%
BGNE D -0.44%
ZTO F -0.33%
TME D -0.27%
YMM C -0.21%
BZ F -0.17%
TAL F -0.17%
QFIN B -0.15%
VIPS F -0.15%
GDS C -0.11%
LEGN F -0.11%
ATHM D -0.07%
YY C -0.07%
MNSO F -0.07%
RLX C -0.05%
MOMO D -0.04%
IQ F -0.04%
DQ F -0.04%
LX C -0.03%
NOAH D -0.03%
BLTE C -0.03%
JKS F -0.03%
EH F -0.03%
JEWL F -0.03%
RERE B -0.02%
FINV B -0.02%
SOHU F -0.02%
VNET B -0.02%
DDL C -0.02%
BTBT C -0.02%
DOYU C -0.01%
DADA F -0.01%
NIU F -0.01%
CBAT F -0.01%
ZK D -0.01%
TUYA F -0.01%
API C -0.01%
CAN C -0.01%
GOTU F -0.01%
ATAT C -0.01%
QD C -0.01%
TIGR D -0.01%
HUYA F -0.01%
FNGR F -0.0%
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