Category Review
Index option income was not one bet this year
KraneShares China Technology & Semiconductor STAR 50 Index ETF
$20.77+0.14 (+0.68%)
- 0.89%
- $358M
- +10.9%
- 0.9M sh
- $21.23
- low $17.23high $32.54
The ETF.net KSTR Grade
D
Score 32 out of 100
- 30 of 30
Score 32 of 100 falls in the D 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.F7 out of 100Rank 28 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.C49 out of 100Rank 21 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 24 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 12 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F16 out of 100Rank 27 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 14 of 30
Our read on KSTR
DA concentrated way into Shanghai's Science and Technology Innovation Board: KSTR tracks the STAR 50, roughly 50 A-share tech and chip names, and no other China fund in its peer group follows that benchmark.
The Fund seeks to provide investment results that generally correspond, before fees and expenses, to the performance of the SSE Science and Technology Innovation Board 50 Index.
Why people hold it
- Tracks the SSE Science and Technology Innovation Board 50 Index, about 50 Shanghai-listed names. No other China ETF in its peer group follows the same benchmark.
- Actively traded for a niche single-country fund, so getting in and out tends to be straightforward rather than a spread-hunting exercise.
- Plain plumbing: a 1940 Act fund following a published index, run since 2021 by a China-focused specialist, with a few hundred million in assets behind it.
Worth knowing
- At 0.89% a year, it costs more than the typical China ETF in its group. That is the toll for a board most issuers skip.
- Roughly 50 stocks from one exchange board, tilted toward semiconductors, so moves land harder than in broad China funds like MCHI or FLCH.
- Across its China peer group it lands in the bottom quarter on our overall read, weighed down mainly by cost and how narrow the portfolio is.
KSTR Holdings
- Stocks
- 54
- 58%
- 688256.SS
Sectors
- Technology89.3%
- Industrials5.0%
- Health Care3.5%
- Consumer Discretionary1.0%
- Energy0.7%
- Materials0.4%
Geography
- China100.00%
Developed 0% · Emerging 100%
KSTR 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.
KSTR$11,085
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 | KSTR |
|---|---|
| Year to date | +10.9% |
| 1 month | −8.6% |
| 3 months | −31.6% |
| 1 year | +10.9% |
| 3 years | +17.4% |
| 5 years | −1.7% |
| 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 | KSTR |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | +42.8% | |
| 2024 | +6.1% | |
| 2023 | −17.9% | |
| 2022 | −38.5% | |
| 2021 | −1.7% |
KSTR in the news
KSTR Dividends
No distributions in the last 12 months.
KSTR Risk
- 43.5%
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.
- 0.53
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.
- −63.8%
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.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KSTR Cost
0.89%
KSTR0.89%
- The middle half of China funds
- Median 0.65%
26 of the 29 China funds charge less.
Other funds in China
- DCASSimplify China A Shares PLUS Income ETFExpense ratio 0.88%1 year return +11.5%
- DMCHSMatthews China Discovery Active ETF MCHSExpense ratio 0.99%1 year return +21.0%
- DCGROCoreValues Alpha Greater China Growth ETFExpense ratio 0.85%1 year return −27.9%
- DCNQQRayliant-ChinaAMC Transformative China Tech ETFExpense ratio 0.75%1 year return −11.7%
- DKTECKraneShares Hang Seng TECH Index ETFExpense ratio 0.69%1 year return −31.4%