KTECKraneShares Hang Seng TECH Index ETF

Grow my money5y track recordRanked #1,539 of 2,960 in this goal

Seeks to provide investment results that track the price and yield performance of the Hang Seng TECH Index.

By KraneShares · Launched 2021

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$53M

#3,519 of 5,562 · mid-size

Return (1Y)Goal

-17.3%

Track Record

5 years

#2,390 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$8,551-14.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Asia pacific

Cap

Large

Strategy

Index tracking

Sector

Information technology

Focus

Cloud & Data Infrastructure

Index tracked

Hang Seng TECH Index

What it actually holds

By weight

Concentration

Top 10 holdings = 65.4% of fundconcentrated

MEITUAN

9.5%

Tencent Holdings Limited

8.6%

XIAOMI CORPORATION

8.6%

NETEASE, INC.

8.5%

BYD COMPANY LIMITED

8.4%

BAIDU, INC.

4.6%

KUAISHOU TECHNOLOGY

4.5%

Alibaba Group Holding Limited

4.5%

JD.COM, INC.

4.5%

TRIP.COM GROUP LIMITED

3.8%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Consumer Cyclical

45.1%

Communication

28.2%

Technology

24.5%

Healthcare

2.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

27.9%High

Year-on-year price swings

Max drawdown

-66.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.15Below average

Sortino (3Y)

0.22Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that track the price and yield performance of the Hang Seng TECH Index.
Strategy: Invests primarily in instruments in the Hang Seng TECH Index, composed of the 30 largest technology companies listed on the Hong Kong Stock Exchange. The Fund may invest up to 20% of its assets in non-index instruments to help track the Index. The Index is rebalanced quarterly and includes companies with significant exposure to internet, fintech, cloud computing, e-commerce, and digital technology.
Inception date: June 8, 2021
Fund family: KraneShares