KEMQ
KraneShares Emerging Markets Consumer Technology Index ETF
The KraneShares Emerging Markets Consumer Technology ETF tracks a committee-selected, tier-weighted index of emerging-market technology-sector stocks.lf
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
15.6 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | KraneShares |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 11, 2017 |
| Assets (mns) | $16 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAIWAN SEMICONDUCTOR MANUFAC | 3.7 % |
| NETEASE, INC | 3.6 % |
| ALIBABA GROUP HOLDING LTD. | 3.5 % |
| TENCENT HOLDINGS LTD | 3.5 % |
| MEITUAN DIANPING | 3.4 % |
| HYNIX SEMICONDUCTOR INC | 3.3 % |
| SEA LTD. (SINGAPORE) SPONSORED ADR CLASS | 3.3 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 3.3 % |
| JD.COM, INC. CLASS A | 3.2 % |
| ZOMATO LTD. | 3.2 % |
Constituent Breakdown
| Number of holdings | 64 |
| Herfindahl-Hirschman Index | 261 |
| Wgt avg mkt cap (mns) | $88,627 |
| Large cap (>$10bn) | 68.8% |
| Mid cap ($2-10bn) | 29.2% |
| Small cap (<$2bn) | 2.1% |
| Developed mkts. | 18.8% |
| Emerging mkts. | 81.2% |
Country Exposure
 |
CHINA | 40.0 % |
 |
SOUTH KOREA | 20.7 % |
 |
TAIWAN | 11.8 % |
 |
INDIA | 4.1 % |
 |
SINGAPORE | 3.3 % |
 |
JAPAN | 3.0 % |
 |
ARGENTINA | 2.7 % |
 |
FINLAND | 2.6 % |
 |
HONG KONG | 2.3 % |
 |
GREECE | 0.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 16.2% | 27.5% | 19.8% | -14.7% | -4.5% | -- | -4.4% | Volatility | 26.5% | 26.1% | 27.1% | 34.5% | 32.8% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 27% |
| MSCI EAFE | 1.07 | 43% |
| MSCI Emg Mkts | 1.52 | 85% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.39% |
| ADV of underlying (mns) | $7,683 |
Technical Indicators
| Recent close | $17.35 |
| 30d moving avg. | $18.49 |
| Annualized volatility | 28.8% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.6% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. KEMQ |
Expenses vs. KEMQ |
ALTAR Score™ vs. KEMQ |
|---|---|---|---|---|
| EMQQ | EMQQ The Emerging Markets Internet & Ecommerce ETF | 42.6% | +26 bp | +1.2% |
| KWEB | KraneShares CSI China Internet ETF | 36.0% | +9 bp | -1.8% |
| FDNI | First Trust Dow Jones International Internet ETF | 32.7% | +5 bp | +1.7% |
| KTEC | KraneShares Hang Seng TECH Index ETF | 32.0% | +9 bp | -4.1% |
| TCHI | iShares MSCI China Multisector Tech ETF | 25.8% | -1 bp | +1.4% |
| MINV | Matthews Asia Innovators Active ETF | 25.4% | +19 bp | +2.5% |
| CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 25.0% | -28 bp | +5.6% |
| FXI | iShares China Large-Cap ETF | 23.7% | +14 bp | +7.8% |
| AIA | iShares Asia 50 ETF | 22.9% | -10 bp | +6.2% |
| MCHI | iShares MSCI China ETF | 21.8% | -1 bp | +8.0% |
Risk and Returns: KEMQ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
KEMQ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
KEMQ
0.5%
Cat. Avg
7.7%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.7% and a standard deviation of
4.1%. KEMQ's ALTAR Score™ is approximately
1.8 standard deviations
below
the category average. This places KEMQ in the 4th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
KEMQSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| KEMQ (60 bp) Percentile rank | 44 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KEMQ | 60.0 | 39.0 | 99 |
| Peer Avg. | 47.4 | 39.4 | 86.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .