KraneShares China Alpha Index (KCAI) ETF Holdings & Analysis

What KCAI does

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.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how KCAI fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does KCAI track?

KCAI is the KraneShares China Alpha Index ETF, a Other ETF.

What is the expense ratio of KCAI?

Expense ratio data for KCAI is shown on the page when available from our data provider.

What are the largest holdings in KCAI?

Top holdings include 300394.SZ, 601988.SS, 002648.SZ, 002463.SZ, 601939.SS.

How can PortView analyze KCAI overlap with other ETFs?

PortView computes the holdings overlap between KCAI and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.