KraneShares MSCI Emerging Markets ex China Index ETF
$50.41−0.38 (−0.76%)
- 0.59%
- $135M
- +52.8%
- 2.40%
- 0M sh
- $51.86
- low $34.92high $54.91
The ETF.net KEMX Grade
B
Score 55 out of 100
- 15 of 22
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C43 out of 100Rank 13 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 17Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 13 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 20 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 10 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 15 of 22
Our read on KEMX
BEmerging markets with the China slice cut out. KEMX has tracked the MSCI Emerging Markets ex China Index since 2019, roughly 300 stocks, so China becomes a separate decision instead of a built-in one.
The Fund seeks to track the price and yield performance of the MSCI Emerging Markets ex China Index. It normally invests at least 80% of assets in securities or instruments corresponding to that index.
Why people hold it
- Does what the label says: normally at least 80% of assets in securities matching the MSCI Emerging Markets ex China Index, and it has hugged that benchmark closely.
- About 300 stocks spread across the emerging world, so no single name steers the fund.
- Running since 2019, which means a multi-year live record rather than a fresh launch built for the ex-China moment.
Worth knowing
- The fee is 0.59% a year, above the 0.49% typical for emerging-market funds, and ex-China rivals VEXC (0.07%) and XCEM (0.16%) charge a fraction of it.
- It trades thin. Bid-ask spreads can add cost the expense ratio never shows, especially on larger orders.
- Distributions land once or twice a year, not monthly, so any income arrives in lumps.
KEMX Holdings
- Stocks
- 278
- 39%
- 2330.TW
Sectors
- Technology45.0%
- Financials21.3%
- Materials8.0%
- Industrials7.3%
- Consumer Discretionary4.7%
- Energy4.1%
- Communication2.9%
- Consumer Staples2.6%
- Health Care1.6%
- Utilities1.5%
- Real Estate1.0%
Geography
- Taiwan35.24%
- South Korea27.59%
- India13.11%
- Brazil6.50%
- South Africa3.15%
- Mexico2.65%
- Poland1.80%
- Malaysia1.44%
- 8.52%
Developed 0% · Emerging 100%
KEMX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
KEMX$15,280
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KEMX |
|---|---|
| Year to date | +36.8% |
| 1 month | −2.9% |
| 3 months | −0.5% |
| 1 year | +52.8% |
| 3 years | +28.8% |
| 5 years | +13.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KEMX |
|---|---|---|
| 2026 YTD | +36.8% | |
| 2025 | +38.3% | |
| 2024 | +0.4% | |
| 2023 | +20.6% | |
| 2022 | −19.3% | |
| 2021 | +10.6% | |
| 2020 | +12.8% |
KEMX in the news
KEMX Dividends
- 2.40%
- $1.22
- $0.04 per share
- Irregular
Distribution history
KEMX Risk
- 19.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −30.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.33
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KEMX Cost
0.59%
KEMX0.59%
- The middle half of Emerging Markets Stocks funds
- Median 0.53%
12 of the 22 Emerging Markets Stocks funds charge less.
Other funds in Emerging Markets Stocks
- BSTXEStrive Emerging Markets Ex-China ETFExpense ratio 0.32%1 year return +52.9%
- BEWXState Street SPDR S&P Emerging Markets Small Cap ETFExpense ratio 0.65%1 year return +12.3%
- CASEAGlobal X - FTSE Southeast Asia ETFExpense ratio 0.65%1 year return +25.2%
- DAFKVanEck Africa Index ETFExpense ratio 0.76%1 year return +13.8%
- DBKFiShares MSCI BIC ETFExpense ratio 0.72%1 year return −7.6%