KLIPKraneShares
KraneShares Trust - KraneShares China Internet and Covered Call Strategy ETF
$24.08+0.92% today
233352-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned -22.1% so far this year. At 0.95% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$142Massets under management
0.95%expense ratio · $95 per $10,000 a year
—net flow, trailing month
28Kavg daily volume, 30 days
21holdings
2023listed January 11, 2023 · beta 0.71
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | +1.1% |
| 1 month | -0.8% |
| 3 months | -7.8% |
| 6 months | -18.4% |
| YTD | -22.1% |
| 1 year | -26.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
11%realized volatility, 30 days (annualized)
18%realized volatility, 1 year
-32.5%deepest fall from a peak, 1 year
-28.1%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls today
—puts today
—put/call ratio
21Kshares traded
The case against KLIP
Due diligence cuts both ways. These funds sit on the same shelf and beat KLIP on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -91bp on fee · 231× the assets · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | -88bp on fee · 1365× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -86bp on fee · 1135× the assets · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -88bp on fee · 80× the assets · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -88bp on fee · 326× the assets | Head-to-head |