Kraneshares Sse Star Etf Profile

KSTR Etf  USD 13.45  0.24  1.75%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
KraneShares SSE is selling at 13.45 as of the 30th of November 2024; that is 1.75 percent decrease since the beginning of the trading day. The etf's lowest day price was 13.34. KraneShares SSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for KraneShares SSE STAR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. Kraneshares Sse is traded on NYSEARCA Exchange in the United States.. More on KraneShares SSE STAR

Moving together with KraneShares Etf

  0.75KWEB KraneShares CSI ChinaPairCorr
  0.87FXI iShares China LargePairCorr
  0.83ASHR Xtrackers Harvest CSIPairCorr
  0.8GXC SPDR SP ChinaPairCorr
  0.87CQQQ Invesco China TechnologyPairCorr

Moving against KraneShares Etf

  0.74YCL ProShares Ultra YenPairCorr
  0.73FXY Invesco CurrencySharesPairCorr
  0.61VIIX VIIXPairCorr
  0.59ULE ProShares Ultra EuroPairCorr

KraneShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, China Region, KraneShares (View all Sectors)
IssuerKraneShares
Inception Date2021-01-26
BenchmarkSSE Science and Technology Innovation Board 50 Index
Entity TypeRegulated Investment Company
Asset Under Management37.41 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationEmerging Markets
RegionAsia-Pacific
AdministratorSEI Investments Global Funds Services
AdvisorKrane Funds Advisors, LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerQiong Wan
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents54.0
Market MakerVirtu Financial
Total Expense0.89
Management Fee0.88
Country NameUSA
Returns Y T D9.54
NameKraneShares SSE STAR Market 50 Index ETF
Currency CodeUSD
Open FigiBBG00XTHHZ66
In Threey Volatility32.18
1y Volatility41.97
200 Day M A11.1516
50 Day M A13.0608
CodeKSTR
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.58)
KraneShares SSE STAR [KSTR] is traded in USA and was established 2021-01-26. The fund is listed under China Region category and is part of KraneShares family. The entity is thematically classified as Strategy ETFs. KraneShares SSE STAR now have 44.08 M in assets. , while the total return for the last 3 years was -18.8%.
Check KraneShares SSE Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on KraneShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KraneShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as KraneShares SSE STAR Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top KraneShares SSE STAR Etf Constituents

688249Nexchip Semiconductor CorpStockInformation Technology
688180Shanghai Junshi BiosciencesStockHealth Care
688303Xinjiang Daqo NewStockIndustrials
688728GalaxyCoreStockInformation Technology
688126National Silicon IndustryStockInformation Technology
688617APT MedicalStockHealth Care
688169Beijing Roborock TechnologyStockIndustrials
688561Qi An XinStockInformation Technology
More Details

KraneShares SSE Top Holders

KGROKGROEtfChina Region
TMATMain Thematic InnovationEtfGlobal Small/Mid Stock
More Details

KraneShares SSE STAR Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KraneShares SSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

KraneShares SSE Against Markets

When determining whether KraneShares SSE STAR is a strong investment it is important to analyze KraneShares SSE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KraneShares SSE's future performance. For an informed investment choice regarding KraneShares Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares SSE STAR. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of KraneShares SSE STAR is measured differently than its book value, which is the value of KraneShares that is recorded on the company's balance sheet. Investors also form their own opinion of KraneShares SSE's value that differs from its market value or its book value, called intrinsic value, which is KraneShares SSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KraneShares SSE's market value can be influenced by many factors that don't directly affect KraneShares SSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KraneShares SSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares SSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares SSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.