KCAI
$15.04
+0.3% last session−50.7% YTD
As of Oct 26, 2026, 4:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +0.3% | −54.1% | −53.2% | −50.7% | −47.0% | — | — | −15.9% |
| Peer average | −0.9% | −10.0% | −15.6% | −16.9% | −20.8% | +19.7% | −29.1% | — |
| S&P 500 · VOO | −0.4% | +0.9% | +3.3% | +13.8% | +13.3% | +88.8% | +81.9% | — |
Past year: volatility 77.97% deepest drop −55.7%
What's in KCAI · by weight
| # | Ticker | Company | Group | Weight ▼ | Share of fund so far |
|---|---|---|---|---|---|
| 1 | — | Cash | Other holdings | 100.00% | 100.00% |
Largest funds in Thematic · China
| Ticker | Fund | Issuer | Trend | Expense | YTD | 1Y | Assets ▼ |
|---|---|---|---|---|---|---|---|
| MCHI | iShares MSCI China ETF | iShares | 0.59% | −18.0% | −23.4% | $5.5B | |
| KWEB | KraneShares CSI China Internet ETF | KraneShares | 0.69% | −33.1% | −41.1% | $4.2B | |
| FXI | iShares China Large-Cap ETF | iShares | 0.73% | −14.0% | −18.5% | $3.7B | |
| CQQQ | Invesco China Technology ETF | Invesco | 0.65% | −25.5% | −31.7% | $1.9B | |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | Xtrackers | 0.65% | −7.5% | −7.4% | $1.3B | |
| KCAI | KraneShares China Alpha Index ETFThis fund | KraneShares | 0.79% | −50.7% | −47.0% | $2M |
The KraneShares China Alpha Index ETF (KCAI) is designed to generate returns that surpass the CSI 300 Index. It achieves this by employing an advanced quantitative methodology, augmented by artificial intelligence, for its rigorous security selection and portfolio weighting process. The fund's investment universe originates from the CSI 300 China A-Shares, specifically excluding any companies currently under U.S. sanctions. Potential holdings are meticulously screened using a diverse set of criteria, including historical pricing data, fundamental financial indicators, prevailing market trends, complex mathematical parameters, market capitalization, and sector classification, among other relevant data points. A sophisticated algorithm then optimizes the portfolio's constituents and their respective weightings to enhance the probability of achieving total returns superior to the benchmark. KCAI primarily invests in a maximum of 50 China A-Shares, with each individual holding capped at 5% of the total assets, facilitated through the Stock Connect Programs. To further diversify or manage risk, up to 20% of the fund's assets may be allocated to other equity investments not present in the underlying index, various derivatives, shares of other investment companies or ETFs, or cash and cash equivalents. The ETF also retains the flexibility to engage in securities lending. Its underlying index is subject to monthly reconstitution and rebalancing, ensuring regular adjustments to the portfolio.
185.7% TTM distribution yield·Paid twice a year·Latest ex-date Oct 23, 20264 payouts · newest first
| Ex-date | Pay date | Per share |
|---|---|---|
| Oct 23, 2026 | Oct 26, 2026 | $17.13 |
| Dec 30, 2025 | Dec 31, 2025 | $0.0806 |
| Dec 22, 2025 | Dec 23, 2025 | $10.72 |
| Dec 17, 2024 | Dec 18, 2024 | $0.59 |
Distribution yield and SEC yield use different methods. Payouts may include income, capital gains or return of capital.
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
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