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.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
211.9 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
Fund sponsor | Krane Fund Advisors LLC |
Category | Emerging |
Asset class | Equity |
Website | link... |
Inception date | Mar 04, 2014 |
Assets (mns) | $212 |
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 | 6.2 % |
CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 6.1 % |
ZIJIN MINING GROUP CO LTD-A | 5.9 % |
FOXCONN INDUSTRIAL INTERNET CO., LTD. CL | 5.1 % |
LUXSHARE PRECISION INDUSTR-A | 4.6 % |
YANTAI WANHUA POLYURETHANE-A | 4.5 % |
CHINA YANGTZE POWER CO LTD-A | 4.3 % |
CHINA MERCHANTS BANK -A | 3.6 % |
BYD CO LTD -A | 3.6 % |
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS | 3.1 % |
Constituent Breakdown
Number of holdings | 54 |
Herfindahl-Hirschman Index | 310 |
Wgt avg mkt cap (mns) | $77,852 |
Large cap (>$10bn) | 99.5% |
Mid cap ($2-10bn) | 0.5% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 3.7% |
Emerging mkts. | 96.3% |
Country Exposure
CHINA | 98.1 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 21.4% | 13.2% | 2.8% | -8.6% | 3.6% | 3.8% | 5.3% | Volatility | 18.3% | 18.4% | 21.4% | 22.7% | 24.4% | 28.0% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.19 | 2% |
MSCI EAFE | 0.49 | 13% |
MSCI Emg Mkts | 0.89 | 42% |
Liquidity Measures
Avg. volume (000) | 75 |
Turnover | 1.0% |
Avg. Bid/Ask (% of price) | 0.07% |
ADV of underlying (mns) | $6,549 |
Technical Indicators
Recent close | $29.49 |
30d moving avg. | $21.62 |
Annualized volatility | 23.7% |
Relative strength (RSI) | 50 |
Short interest (ETF) | 0.3% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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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 | 70.2% | +15 bp | +1.9% |
ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | 47.3% | +10 bp | -0.3% |
RAYC | Rayliant Quantamental China Equity ETF | 43.3% | +25 bp | +0.0% |
CNYA | iShares MSCI China A ETF | 40.4% | +5 bp | -0.2% |
KALL | KraneShares MSCI All China Index ETF | 24.3% | -6 bp | +0.5% |
JCHI | JPMorgan Active China ETF | 19.3% | +10 bp | -0.4% |
KGRN | KraneShares MSCI China Clean Technology Index ETF | 16.5% | +24 bp | -1.9% |
MCH | Matthews China Active ETF | 16.4% | +24 bp | -2.7% |
CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 14.1% | -23 bp | -2.0% |
EMDV | ProShares MSCI Emerging Markets Dividend Growers ETF | 13.4% | +5 bp | +2.2% |
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.
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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
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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 10/4/2024
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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.
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ETF Research Center Rating
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.
ALTAR Score™
KBA
6.8%
Cat. Avg
7.2%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.2% and a standard deviation of
3.9%. KBA's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places KBA in the 45th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
KBASELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based Emerging Market Equity ETFs |
# of ETFs | 103 |
Avg. Expense Ratio | 64.6 bp |
Std. Deviation | 29 bp |
KBA (55 bp) Percentile rank | 37 |
Peer Group Expense Ratio Distribution
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. | 65.3 | 44.3 | 109.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .