---
ticker: "KCAI"
name: "KraneShares China Alpha Index ETF"
url: "https://etf.net/etf/KCAI"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "China"
category_rank: "23 of 30"
methodology: "https://etf.net/methodology"
---

# KCAI: KraneShares China Alpha Index ETF

Grade **C**, Score 40 of 100. Rank 23 of 30 in China.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 22 | 22 of 30 |
| Mission | 33 | 22 of 22 |
| Risk | 98 | 1 of 30 |
| Tradability | 26 | 24 of 30 |
| Holdings | 69 | 8 of 28 |
| Durability | 16 | 28 of 30 |

## Top holdings

The fund holds 40 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 600150.SS | China Cssc Holdings Ltd-A | 3.56% |
| 2 | 601328.SS | Bank of Communications Co-A | 3.28% |
| 3 | 601169.SS | Bank of Beijing Co Ltd -A | 3.19% |
| 4 | 600919.SS | Bank of Jiangsu Co Ltd-A | 3.16% |
| 5 | 601988.SS | Bank of China Ltd-A | 3.16% |
| 6 | 601398.SS | Ind & Comm Bk of China-A | 3.15% |
| 7 | 601009.SS | Bank of Nanjing Co Ltd -A | 3.14% |
| 8 | 601229.SS | Bank of Shanghai Co Ltd-A | 3.12% |
| 9 | 601939.SS | China Construction Bank-A | 3.11% |
| 10 | 601006.SS | Daqin Railway Co Ltd -A | 3.10% |
| 11 | 600015.SS | Huaxia Bank Co Ltd-A | 3.09% |
| 12 | 600018.SS | Shanghai International Por-A | 3.09% |
| 13 | 601288.SS | Agricultural Bank of China-A | 3.08% |
| 14 | 601766.SS | Crrc Corp Ltd-A | 3.04% |
| 15 | 601919.SS | Cosco Shipping Holdings Co-A | 3.03% |
| 16 | 601077.SS | Chongqing Rural Commercial-A | 3.02% |
| 17 | 002463.SZ | Wus Printed Circuit Kunsha-A | 3.01% |
| 18 | 002648.SZ | Satellite Chemical Co Ltd-A | 2.96% |
| 19 | 601127.SS | Seres Group Co L-A | 2.93% |
| 20 | 000166.SZ | Shenwan Hongyuan Group Co-A | 2.92% |
| 21 | 300502.SZ | Eoptolink Technology Inc L-A | 2.90% |
| 22 | 300394.SZ | Suzhou Tfc Optical Communi-A | 2.89% |
| 23 | 601211.SS | Guotai Haitong Securities Co | 2.86% |
| 24 | 300308.SZ | Zhongji Innolight Co Ltd-A | 2.85% |
| 25 | 601881.SS | China Galaxy Securities Co-A | 2.76% |
| 26 | 600660.SS | Fuyao Glass Industry Group-A | 2.75% |
| 27 | 002371.SZ | Naura Technology Group Co-A | 2.74% |
| 28 | 601816.SS | Beijing-Shanghai High Spe-A | 2.70% |
| 29 | 000725.SZ | Boe Technology Group Co Lt-A | 2.67% |
| 30 | 000975.SZ | Shanjin International Gold Co.ltd | 2.58% |

Source: etf.net, https://etf.net/etf/KCAI. Please cite the page URL.