KVLE
KraneShares Value Line Dynamic Dividend Equity Index ETF
KVLE tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
30.2 M
ASSETS UNDER MGMT
56 bp
EXPENSES
Fund Basics
| Fund sponsor | CICC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 24, 2020 |
| Assets (mns) | $30 |
| Expense ratio | 56 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICROSOFT CORP | 5.9 % |
| NVIDIA CORP | 5.5 % |
| APPLE INC | 3.7 % |
| AMAZON.COM INC | 3.0 % |
| HOME DEPOT INC | 2.4 % |
| META PLATFORMS INC | 2.3 % |
| PFIZER INC | 2.0 % |
| CISCO SYSTEMS INC | 2.0 % |
| GOLDMAN SACHS GROUP INC | 1.9 % |
| DUKE ENERGY CORP | 1.7 % |
Constituent Breakdown
| Number of holdings | 84 |
| Herfindahl-Hirschman Index | 201 |
| Wgt avg mkt cap (mns) | $584,869 |
| Large cap (>$10bn) | 89.3% |
| Mid cap ($2-10bn) | 8.6% |
| Small cap (<$2bn) | 0.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 99.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 23.3% | 29.0% | 15.2% | 11.3% | -- | -- | 14.3% | Volatility | 11.1% | 11.5% | 12.6% | 14.8% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 85% |
| MSCI EAFE | 0.78 | 78% |
| MSCI Emg Mkts | 0.60 | 45% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.28% |
| ADV of underlying (mns) | $99,020 |
Technical Indicators
| Recent close | $25.15 |
| 30d moving avg. | $27.81 |
| Annualized volatility | 15.4% |
| Relative strength (RSI) | 57 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 1.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. KVLE |
Expenses vs. KVLE |
ALTAR Score™ vs. KVLE |
|---|---|---|---|---|
| QDEF | FlexShares Quality Dividend Defensive Index Fund | 39.4% | -19 bp | -2.6% |
| FDRR | Fidelity Dividend ETF for Rising Rates | 37.8% | -41 bp | +1.1% |
| JHDV | John Hancock U.S. High Dividend ETF | 37.6% | -22 bp | 0.0% |
| USCA | Xtrackers MSCI USA Climate Action Equity ETF | 37.5% | -49 bp | -1.5% |
| OEF | iShares S&P 100 ETF | 36.9% | -36 bp | -1.8% |
| MGC | Vanguard Mega Cap ETF | 36.7% | -49 bp | -1.7% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 36.5% | -49 bp | -1.6% |
| FELC | Fidelity Enhanced Large Cap Core ETF | 36.4% | -38 bp | -1.1% |
| QDF | FlexShares Quality Dividend Index Fund | 36.4% | -19 bp | -2.3% |
| FLQL | Franklin LibertyQ U.S. Equity ETF | 36.4% | -41 bp | -0.6% |
Risk and Returns: KVLE 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
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
KVLE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
KVLE
6.6%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.6%. KVLE's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places KVLE in the 64th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
KVLESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| KVLE (56 bp) Percentile rank | 62 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KVLE | 56.0 | 28.2 | 84.2 |
| Peer Avg. | 37.3 | 15.0 | 52.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .