KVLE vs. LOWV ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to AB US Low Volatility Equity ETF (LOWV)

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

3,768

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	LOWV
30 Days	2.70%	1.62%
60 Days	5.03%	2.39%
90 Days	7.18%	4.17%
12 Months	27.85%	24.87%

26 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in LOWV	Overlap
AAPL	C	5.16%	3.95%	3.95%
ABBV	D	1.16%	2.05%	1.16%
ADP	B	1.68%	1.73%	1.68%
AEP	D	0.66%	1.33%	0.66%
AMZN	C	3.06%	1.91%	1.91%
CL	D	0.46%	0.54%	0.46%
CMCSA	B	1.58%	1.26%	1.26%
GILD	C	1.53%	1.26%	1.26%
GOOG	C	3.46%	4.91%	3.46%
JPM	A	1.13%	1.59%	1.13%
KO	D	0.31%	1.34%	0.31%
LLY	F	0.95%	0.89%	0.89%
LMT	D	1.26%	0.64%	0.64%
MCK	B	0.31%	1.74%	0.31%
META	D	2.09%	1.64%	1.64%
MRK	F	0.97%	1.73%	0.97%
MSFT	F	5.54%	8.14%	5.54%
NTAP	C	0.31%	0.74%	0.31%
NVDA	C	7.47%	2.24%	2.24%
ORCL	B	0.19%	2.33%	0.19%
PAYX	C	1.54%	0.46%	0.46%
PG	A	0.89%	1.11%	0.89%
PM	B	0.28%	1.91%	0.28%
PSA	D	1.49%	0.73%	0.73%
TMO	F	0.37%	0.29%	0.29%
VZ	C	1.54%	0.22%	0.22%

KVLE Overweight 60 Positions Relative to LOWV

Symbol	Grade	Weight
HD	A	2.21%
CSCO	B	1.92%
MO	A	1.91%
BMY	B	1.84%
GS	A	1.79%
APD	A	1.73%
APH	A	1.62%
DTM	B	1.59%
TXN	C	1.59%
CALM	A	1.57%
FAST	B	1.56%
WEC	A	1.55%
PFE	D	1.52%
KMB	D	1.47%
TROW	B	1.33%
MMS	F	1.33%
UPS	C	1.32%
HESM	B	1.22%
WU	D	1.19%
IBM	C	1.19%
DOW	F	1.16%
PKG	A	1.15%
CVX	A	1.02%
ETR	B	0.97%
CMI	A	0.89%
FLO	D	0.89%
ED	D	0.89%
WSO	A	0.88%
PSX	C	0.87%
SPG	B	0.86%
UNP	C	0.86%
AMGN	D	0.8%
MS	A	0.74%
PEG	A	0.7%
CAG	D	0.65%
EPD	A	0.64%
VIRT	B	0.6%
UGI	A	0.6%
SNA	A	0.6%
RHI	B	0.58%
OGS	A	0.58%
MCD	D	0.57%
MSM	C	0.52%
CME	A	0.47%
JNJ	D	0.46%
ALL	A	0.45%
NFLX	A	0.37%
AFL	B	0.36%
OKE	A	0.35%
RF	A	0.25%
SR	A	0.25%
POWL	C	0.24%
DKS	C	0.24%
RTX	C	0.23%
DUK	C	0.18%
GIS	D	0.14%
CFG	B	0.13%
GD	F	0.13%
APP	B	0.12%
CVS	D	0.11%

KVLE Underweight 48 Positions Relative to LOWV

Symbol	Grade	Weight
AVGO	D	-3.28%
FI	A	-2.47%
UNH	C	-2.09%
V	A	-1.96%
INTU	C	-1.7%
AZO	C	-1.49%
ADBE	C	-1.41%
MMC	B	-1.34%
BAC	A	-1.23%
MA	C	-1.18%
NOW	A	-1.17%
LHX	C	-1.14%
DOX	D	-1.14%
CBOE	B	-1.1%
LULU	C	-1.08%
G	B	-1.06%
EG	C	-1.05%
SHW	A	-1.02%
ACM	A	-0.96%
CI	F	-0.96%
BKNG	A	-0.96%
NYT	C	-0.9%
EA	A	-0.89%
YUM	B	-0.89%
VRTX	F	-0.86%
MDT	D	-0.85%
RELX	C	-0.83%
WMT	A	-0.82%
GEN	B	-0.81%
WTW	B	-0.79%
PGR	A	-0.79%
AEE	A	-0.77%
ETN	A	-0.66%
XOM	B	-0.66%
DLB	B	-0.64%
MSCI	C	-0.63%
MTB	A	-0.61%
ADI	D	-0.6%
RGA	A	-0.6%
AMAT	F	-0.6%
LDOS	C	-0.55%
AFG	A	-0.5%
ORLY	B	-0.48%
TSM	B	-0.48%
SPGI	C	-0.41%
FR	C	-0.39%
CRM	B	-0.33%
NICE	C	-0.29%