Key stats
About KraneShares China Alpha Index ETF
Home page
Inception date
Aug 28, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US5007673974
KCAI seeks to outperform the CSI 300 Index by applying AI to a quantitative process in selecting and weighting securities. The index universe begins with CSI 300 China A-Shares, not subject to US sanctions. The fund filters index components based on historical prices, financial indicators, market trends, mathematical parameters, market capitalization, and sector classification, among other data inputs. The algorithm optimizes the holdings and weights that are most likely to provide a total return exceeding the benchmark. The fund selects up to 50 China A-Shares, capped at 5%, through the Stock Connect Programs. Up to 20% of assets may be invested in other equities not part of the underlying index, as well as derivatives, other investment companies or ETFs, and cash or cash equivalents. The fund may also engage in securities lending. The index is reconstituted and rebalanced monthly.
Related funds
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Transportation
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KCAI trades at 37.60 USD today, its price has risen 0.25% in the past 24 hours. Track more dynamics on KCAI price chart.
KCAI net asset value is 37.40 today — it's risen 2.07% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KCAI assets under management is 11.23 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KCAI price has risen by 2.70% over the last month, and its yearly performance shows a 16.99% increase. See more dynamics on KCAI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a 21.98% increase in three-month performance and has increased by 38.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a 21.98% increase in three-month performance and has increased by 38.31% in a year.
KCAI fund flows account for −366.62 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KCAI invests in stocks. See more details in our Analysis section.
KCAI expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KCAI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KCAI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KCAI shows the buy signal. See more of KCAI technicals for a more comprehensive analysis.
Today, KCAI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KCAI shows the buy signal. See more of KCAI technicals for a more comprehensive analysis.
Yes, KCAI pays dividends to its holders with the dividend yield of 0.52%.
KCAI trades at a premium (0.50%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KCAI shares are issued by China International Capital Corp. Ltd.
KCAI follows the Qi China Alpha Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 28, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.