KVLE vs. PAPI ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to Parametric Equity Premium Income ETF (PAPI)

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

$27.46

Average Daily Volume

3,762

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

34,067

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	PAPI
30 Days	0.26%	-0.81%
60 Days	4.29%	1.91%
90 Days	6.60%	3.47%
12 Months	26.70%	16.89%

48 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in PAPI	Overlap
ABBV	F	1.18%	0.47%	0.47%
ADP	B	1.69%	0.56%	0.56%
AEP	C	0.64%	0.48%	0.48%
AFL	C	0.36%	0.5%	0.36%
APD	A	1.66%	0.5%	0.5%
CAG	F	0.65%	0.49%	0.49%
CALM	A	1.5%	0.52%	0.52%
CMCSA	B	1.6%	0.55%	0.55%
CME	A	0.46%	0.52%	0.46%
CMI	A	0.89%	0.56%	0.56%
CSCO	B	1.93%	0.55%	0.55%
CVX	A	1.02%	0.55%	0.55%
DOW	F	1.18%	0.45%	0.45%
DTM	A	1.54%	0.61%	0.61%
DUK	C	0.17%	0.49%	0.17%
ED	C	0.86%	0.48%	0.48%
FAST	B	1.56%	0.56%	0.56%
FLO	D	0.88%	0.49%	0.49%
GD	D	0.14%	0.54%	0.14%
GILD	C	1.58%	0.56%	0.56%
IBM	C	1.16%	0.47%	0.47%
JNJ	D	0.45%	0.49%	0.45%
KMB	C	1.42%	0.48%	0.48%
KO	D	0.31%	0.46%	0.31%
MO	A	1.88%	0.57%	0.57%
MRK	F	0.98%	0.47%	0.47%
MSFT	D	5.68%	0.53%	0.53%
MSM	D	0.55%	0.57%	0.55%
OGS	A	0.56%	0.53%	0.53%
OKE	A	0.33%	0.59%	0.33%
PAYX	B	1.58%	0.55%	0.55%
PEG	C	0.67%	0.51%	0.51%
PFE	F	1.58%	0.46%	0.46%
PG	C	0.87%	0.51%	0.51%
PKG	B	1.11%	0.57%	0.57%
PM	A	0.28%	0.54%	0.28%
PSX	C	0.86%	0.51%	0.51%
RF	A	0.25%	0.56%	0.25%
RHI	C	0.6%	0.59%	0.59%
RTX	D	0.23%	0.51%	0.23%
SNA	B	0.6%	0.64%	0.6%
TROW	B	1.35%	0.56%	0.56%
TXN	C	1.65%	0.56%	0.56%
UPS	C	1.32%	0.5%	0.5%
VZ	C	1.48%	0.48%	0.48%
WEC	A	1.5%	0.52%	0.52%
WSO	A	0.87%	0.57%	0.57%
WU	F	1.17%	0.47%	0.47%

KVLE Overweight 38 Positions Relative to PAPI

Symbol	Grade	Weight
NVDA	A	7.5%
AAPL	C	5.13%
GOOG	B	3.45%
AMZN	B	3.18%
HD	A	2.24%
META	C	2.13%
BMY	A	1.86%
GS	B	1.8%
APH	B	1.66%
PSA	C	1.48%
MMS	D	1.34%
LMT	D	1.27%
HESM	A	1.19%
JPM	A	1.13%
LLY	F	0.99%
ETR	A	0.94%
UNP	D	0.87%
SPG	A	0.85%
AMGN	D	0.82%
MS	A	0.75%
EPD	A	0.62%
MCD	D	0.59%
UGI	C	0.58%
VIRT	A	0.57%
CL	D	0.45%
ALL	A	0.44%
TMO	F	0.39%
NFLX	A	0.35%
MCK	A	0.31%
NTAP	C	0.29%
POWL	C	0.27%
DKS	D	0.25%
SR	A	0.24%
ORCL	A	0.18%
GIS	F	0.14%
CFG	B	0.13%
CVS	F	0.1%
APP	A	0.1%

KVLE Underweight 141 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.66%
BKR	B	-0.63%
IP	A	-0.63%
IDCC	B	-0.63%
EMR	A	-0.61%
PINC	B	-0.61%
IDA	A	-0.6%
FOXA	B	-0.59%
JCI	B	-0.59%
PB	A	-0.59%
UNM	A	-0.59%
CFR	B	-0.59%
EA	A	-0.59%
LH	B	-0.59%
FOX	A	-0.59%
CINF	A	-0.58%
RS	B	-0.58%
CAH	B	-0.58%
JHG	B	-0.58%
TAP	B	-0.58%
WMB	A	-0.58%
INGR	B	-0.58%
TXRH	B	-0.57%
UNH	C	-0.57%
SRE	A	-0.57%
DGX	A	-0.57%
KMI	A	-0.57%
OGE	A	-0.56%
MTN	C	-0.56%
CTRA	B	-0.56%
TRV	A	-0.56%
AFG	A	-0.56%
SYK	A	-0.56%
XEL	A	-0.56%
AEE	A	-0.55%
ATR	B	-0.55%
HPE	B	-0.55%
HP	C	-0.55%
EVRG	A	-0.55%
EOG	A	-0.55%
COST	A	-0.55%
GLW	B	-0.55%
COR	B	-0.55%
DCI	B	-0.55%
COP	B	-0.55%
CTSH	C	-0.55%
LHX	B	-0.55%
WHR	B	-0.55%
ATO	A	-0.54%
GNTX	F	-0.54%
PPL	A	-0.54%
PAG	B	-0.54%
T	A	-0.54%
TJX	A	-0.54%
GGG	B	-0.54%
BMI	C	-0.54%
DRI	C	-0.54%
WMT	A	-0.54%
OXM	F	-0.53%
HPQ	B	-0.53%
CHRD	F	-0.53%
POWI	D	-0.53%
COLM	B	-0.53%
AM	A	-0.53%
ROP	C	-0.53%
VLO	C	-0.53%
CHD	A	-0.53%
DOX	D	-0.53%
ORI	A	-0.53%
MDT	D	-0.52%
OMC	C	-0.52%
NFG	A	-0.52%
ABT	A	-0.52%
PRU	B	-0.52%
MOS	D	-0.52%
NYT	D	-0.52%
DLB	F	-0.52%
XOM	B	-0.52%
LNT	A	-0.51%
BDX	F	-0.51%
DINO	D	-0.51%
DD	D	-0.51%
ADI	D	-0.51%
ACN	C	-0.51%
HIG	B	-0.51%
POR	C	-0.51%
CTVA	C	-0.51%
FNF	A	-0.51%
HRL	D	-0.51%
LKQ	F	-0.51%
AVT	C	-0.51%
EXPD	D	-0.51%
SNX	D	-0.51%
D	C	-0.5%
DVN	F	-0.5%
PEP	F	-0.5%
CCOI	B	-0.5%
FE	C	-0.5%
CI	D	-0.5%
SO	C	-0.5%
QCOM	F	-0.5%
JKHY	D	-0.5%
MTG	D	-0.5%
PFG	C	-0.5%
RGLD	C	-0.5%
EMN	D	-0.49%
LEA	F	-0.49%
CHE	F	-0.49%
SON	F	-0.49%
LIN	D	-0.49%
LYB	F	-0.48%
KDP	D	-0.48%
AOS	F	-0.48%
IPG	F	-0.48%
PPG	F	-0.48%
BG	D	-0.48%
WEN	C	-0.48%
SHOO	D	-0.48%
RPRX	F	-0.48%
ESNT	D	-0.47%
AMCR	D	-0.47%
HAS	D	-0.47%
SWKS	F	-0.47%
FMC	D	-0.47%
KHC	F	-0.47%
DHR	D	-0.47%
BBY	D	-0.47%
ADM	D	-0.46%
ASH	F	-0.46%
LEN	D	-0.46%
MAN	F	-0.45%
INSW	F	-0.45%
GPC	F	-0.45%
HUN	F	-0.44%
ELV	F	-0.44%
PII	F	-0.42%
CVI	D	-0.41%
HII	F	-0.41%
CRI	F	-0.4%
NEM	D	-0.39%
SCCO	F	-0.0%