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KraneShares Dynamic Emerging Markets Strategy ETF

KEM
$
Today’s Change
()

Snapshot
*

Inception Date
Aug 25, 2023
Expense Ratio
0.49%
Type
Global Ex. US Equities
Fund Owner
Krane Shares
Volume (1m avg. daily)
AUM
$5,006,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

KALL
KraneShares Trust - KraneShares MSCI China All Shares Index ETF
54.17%
KEMX
KraneShares Trust - KraneShares MSCI Emerging Markets ex China Index ETF
35.8%
Cash
10.03%

What is KEM?

The KraneShares Dynamic Emerging Markets Strategy ETF (KEM) is an active ETF that provides investors with exposure to broad Emerging Market (EM) equities while dynamically adjusting the portfolio's China weight based on fundamental, valuation, and technical signals. KEM has the potential to mitigate downside risk by dynamically adjusting its allocations between the Underlying ETFs and cash and cash equivalents. By combining a strategic allocation with a systematic valuation overlay between China and the rest of Emerging Markets, KEM may potentially outperform its benchmark: the MSCI Emerging Markets Index.

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ETFs related toKEM

ETFs correlated to KEM include NUEM, AAXJ, GMF

KEM
KraneShares Trust - KraneShares Dynamic Emerging Markets Strategy ETF
NUEM
Nuveen Fund Advisors LLC - Nuveen ESG Emerging Markets Equity ETF
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

KEM is a Global Ex. US Equities ETF. The KraneShares Dynamic Emerging Markets Strategy ETF (KEM) is an active ETF that provides investors with exposure to broad Emerging Market (EM) equities while dynamically adjusting the portfolio's China weight based on fundamental, valuation, and technical signals. KEM has the potential to mitigate downside risk by dynamically adjusting its allocations between the Underlying ETFs and cash and cash equivalents. By combining a strategic allocation with a systematic valuation overlay between China and the rest of Emerging Markets, KEM may potentially outperform its benchmark: the MSCI Emerging Markets Index.

Yes, KEM is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, KEM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KEM is %. This is the percent change in the value of KEM over the most recent 1-month period. The 3-month return on KEM is %. This is the percent change in the value of KEM over the most recent 3-month period.

ETFs similar to KEM include QQH, RODM, and MOTI.

ETFs correlated to KEM include NUEM, AAXJ, and GMF.

ETFs that are inversely correlated to KEM include EDZ, YANG, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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