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KraneShares Emerging Markets Healthcare Index ETF

KMED
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 29 2018
Expense Ratio
0.81%
Type
Global Ex. US Equities
Fund Owner
Krane Shares
Volume (1m avg. daily)
$113,455
AUM
$2,111,315
Associated Index
Solactive Emerging Markets Healthcare Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

207940
Samsung Biologics Co Ltd
4.68%
068270
Celltrion Inc
4.65%
IHC
INTL HOLDING CO PJSC
4.58%
RDOR3
REDE D'OR SAO LUIZ SA
4.39%
BDMS/F
BANGKOK DUSIT MED SERVICE-F
4.38%
300760
SHENZHEN MINDRAY BIO-MEDIC-A
4.31%
IHH
IHH HEALTHCARE BHD
3.68%
091990
CELLTRION HEALTHCARE CO LTD
3.20%
300015
AIER EYE HOSPITAL GROUP CO-A
2.47%
2269
Wuxi Biologics (Cayman) Inc.
2.31%
Invest with KMED

What is KMED?

KMED seeks to provide investment results that, before fees and expenses, track the performance of the Solactive Emerging Markets Healthcare Index. The index seeks to track the equity market performance of companies engaged in the health care sector in various emerging markets. The issuers include small-cap, mid-cap, and large-cap companies involved in hospital management, healthcare management, pharmaceutical manufacturing, and biotechnology, among other sub-industries.

ETFs related toKMED

ETFs correlated to KMED include ESGE, XSOE, JEMA

KMED
KraneShares Trust - KraneShares Emerging Markets Healthcare Index ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
EEMA
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Asia ETF

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.

Automated Strategies
Related toKMED

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with KMED using Composer

FAQ

KMED is a Global Ex. US Equities ETF. KMED seeks to provide investment results that, before fees and expenses, track the performance of the Solactive Emerging Markets Healthcare Index. The index seeks to track the equity market performance of companies engaged in the health care sector in various emerging markets. The issuers include small-cap, mid-cap, and large-cap companies involved in hospital management, healthcare management, pharmaceutical manufacturing, and biotechnology, among other sub-industries.

KMED tracks the Solactive Emerging Markets Healthcare Index.

No, KMED is not actively managed. It is passively 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.

Yes, KMED is passively 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 KMED is -0.0184%. This is the percent change in the value of KMED over the most recent 1-month period. The 3-month return on KMED is 0.0224%. This is the percent change in the value of KMED over the most recent 3-month period.

The standard deviation of KMED for the past year is 0.2035%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KMED include GDX, IXJ, and GDXJ.

ETFs correlated to KMED include ESGE, XSOE, and JEMA.

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

Disclaimers

*

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.