Key stats
About Kraneshares Dragon Capital Vietnam Growth Index ETF
Home page
Inception date
Dec 3, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US5007672158
KPHO tracks an index of growth-focused equity securities listed on the Ho Chi Minh City Stock Exchange (HOSE). Additionally, these Vietnam stocks and ETFs must meet capitalization and liquidity requirements to be included in the investing universe. The Index Provider then screens these stocks based on the fundamental and growth criteria. For the fundamental criteria, securities must have a positive 1-year P/E ratio. Furthermore, the A/E ratio must be within certain ranges, companies in the banking industry are automatically included, and thresholds for the capital markets industry vary from others. For the growth criteria, the Index Provider selects securities with the highest growth ratio and a minimum of 40 stocks of companies that have not reached their FOL. The growth ratio is based on total equity growth and corporate actions, including stock dividends and bonuses. The index is weighted using an optimization process that considers factors such as market cap, liquidity, growth, and other fundamental factors such as net profit. The index rebalances semiannually.
Related funds
Classification
What's in the fund
Exposure type
Finance
Cash
ETF
Stock breakdown by region
Top 10 holdings
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.
KPHO trades at 24.58 USD today, its price has fallen −0.36% in the past 24 hours. Track more dynamics on KPHO price chart.
KPHO net asset value is 24.34 today — it's fallen 2.64% 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.
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.
KPHO invests in stocks. See more details in our Analysis section.
KPHO expense ratio is 1.03%. 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, KPHO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, KPHO doesn't pay dividends to its holders.
KPHO trades at a premium (1.05%).
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.
KPHO shares are issued by China International Capital Corp. Ltd.
KPHO follows the Dragon Capital MerQube Vietnam Growth 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 Dec 3, 2025.
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.