KBA
KraneShares Bosera MSCI China A 50 Connect Index ETF
KraneShares Bosera MSCI China A is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI China A index.
Fund Basics
| Fund sponsor | Krane Fund Advisors LLC |
| Category | Emerging Market Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 04, 2014 |
| Assets (mns) | $190 |
| Expense ratio | 55 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| KWEICHOW MOUTAI CO LTD-A | 7.5 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 6.1 % |
| YANTAI WANHUA POLYURETHANE-A | 5.3 % |
| ZIJIN MINING GROUP CO LTD-A | 5.1 % |
| FOXCONN INDUSTRIAL INTERNET CO., LTD. CL | 4.7 % |
| BYD CO LTD -A | 3.7 % |
| LUXSHARE PRECISION INDUSTR-A | 3.6 % |
| CHINA MERCHANTS BANK -A | 3.6 % |
| CHINA YANGTZE POWER CO LTD-A | 3.5 % |
| XI'AN LONGI SILICON MATERIALS CO., LTD. | 2.9 % |
Constituent Breakdown
| Number of holdings | 54 |
| Herfindahl-Hirschman Index | 318 |
| Wgt avg mkt cap (mns) | $79,639 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 3.1% |
| Emerging mkts. | 96.9% |
Country Exposure
 |
CHINA | 99.9 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 0.1% | -18.2% | -15.1% | -13.3% | -1.6% | -- | 3.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.21 | 2% |
| MSCI EAFE | 0.55 | 15% |
| MSCI Emg Mkts | 0.87 | 41% |
Liquidity Measures
| Avg. volume (000) | 62 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.07% |
| ADV of underlying (mns) | $10,244 |
Technical Indicators
| Recent close | $21.42 |
| 30d moving avg. | $21.39 |
| Annualized volatility | 24.0% |
| Relative strength (RSI) | 38 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 0.0% |
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. KBA |
Expenses vs. KBA |
ALTAR Score™ vs. KBA |
|---|---|---|---|---|
| AFTY | Pacer CSOP FTSE China A50 ETF | 67.4% | +15 bp | +0.8% |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | 45.8% | +10 bp | +0.4% |
| RAYC | Rayliant Quantamental China Equity ETF | 42.0% | +25 bp | +0.2% |
| CNYA | iShares MSCI China A ETF | 37.6% | +5 bp | +0.2% |
| KALL | KraneShares MSCI All China Index ETF | 24.0% | -6 bp | +0.9% |
| JCHI | JPMorgan Active China ETF | 20.8% | +10 bp | -0.5% |
| CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 15.4% | -23 bp | -2.8% |
| KFVG | KraneShares CICC China 5G & Semiconductor Index ETF | 13.4% | +10 bp | -3.6% |
| KBUY | KraneShares CICC China Consumer Leaders Index ETF | 13.3% | +14 bp | -8.5% |
| KGRN | KraneShares MSCI China Clean Technology Index ETF | 12.5% | +24 bp | -2.0% |
Risk and Returns: KBA 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 4/24/2024
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
KBA
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 Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
KBA
8.5%
Cat. Avg
7.8%
Fund Category: Emerging Market Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 8.5% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 163 funds in the Emerging Market Equities category, with an average ALTAR Score™
of 7.8% and a standard deviation of
3.8%. KBA's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places KBA in the 58th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
KBA
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KBA | 55.0 | 7.1 | 62.1 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .