KWEB vs. NUEM ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to NuShares ESG Emerging Markets Equity ETF (NUEM)

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.55

Average Daily Volume

14,572,697

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NUEM

NuShares ESG Emerging Markets Equity ETF

NUEM Description

The investment seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging Markets Equity Index (the "index"). In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. The index identifies equity securities from the MSCI Emerging Markets Index that satisfy certain ESG criteria, based on ESG performance data collected by MSCI ESG Research, Inc.

Grade (RS Rating)

Last Trade

$29.05

Average Daily Volume

21,765

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	NUEM
30 Days	-5.34%	-0.85%
60 Days	-5.68%	0.55%
90 Days	-11.25%	0.52%
12 Months	-6.33%	8.60%

5 Overlapping Holdings

Symbol	Grade	Weight in KWEB	Weight in NUEM	Overlap
ATHM	C	1.41%	0.24%	0.24%
BEKE	F	4.16%	0.05%	0.05%
BZ	F	2.56%	0.43%	0.43%
TME	F	3.08%	0.54%	0.54%
VIPS	F	3.74%	0.32%	0.32%

KWEB Overweight 11 Positions Relative to NUEM

Symbol	Grade	Weight
BABA	C	11.19%
PDD	F	6.13%
TCOM	C	4.33%
BIDU	F	3.9%
YMM	D	3.65%
BILI	D	3.03%
QFIN	C	2.92%
TAL	F	2.66%
YY	C	0.93%
WB	F	0.5%
IQ	F	0.47%

KWEB Underweight 12 Positions Relative to NUEM

Symbol	Grade	Weight
HDB	C	-2.01%
UMC	B	-1.5%
KB	D	-1.12%
GGB	C	-0.61%
SHG	C	-0.43%
LPL	D	-0.32%
SKM	A	-0.3%
BAP	B	-0.25%
BGNE	C	-0.18%
LI	F	-0.17%
ERJ	B	-0.13%
CHT	A	-0.02%