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About KraneShares Trust KraneShares Global Luxury Index ETF
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Inception date
Sep 7, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
KLXY aims to replicate a global index that is composed of companies related to the luxury sector of developed countries. This refers to firms engaged in travel & leisure, premium ware and apparel, luxury goods, and other similar industries. To be included in the index, securities undergo screening based on minimum size, trading volume, and country of listing. Eligible securities are then ranked by market cap, with the top 25 being selected. The index follows a modified market-cap weighted approach, assigning higher weights to the top 5 securities. The largest receives 10% weight, followed by incrementally decreasing allocations for the remaining top securities. The rest are then capped at a maximum weight of 4.5%. Furthermore, while the fund targets investments in the US, at least 40% of its assets will be invested in foreign entities, markets or firms with considerable business activities outside the United States. The index is rebalanced semi-annually and reconstituted yearly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Consumer Durables
Stocks99.66%
Consumer Non-Durables62.58%
Consumer Durables19.12%
Retail Trade9.05%
Health Technology5.98%
Consumer Services2.93%
Bonds, Cash & Other0.34%
Cash0.34%
Stock breakdown by region
Europe62.85%
North America29.61%
Asia7.54%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KLXY invests in stocks. The fund's major sectors are Consumer Non-Durables, with 62.58% stocks, and Consumer Durables, with 19.12% of the basket. The assets are mostly located in the Europe region.
KLXY top holdings are LVMH Moet Hennessy Louis Vuitton SE and L'Oreal S.A., occupying 9.43% and 8.54% of the portfolio correspondingly.
KLXY last dividends amounted to 0.13 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 63.23% increase.
KLXY assets under management is 2.41 M USD. It's fallen 13.94% over the last month.
KLXY fund flows account for −374.75 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KLXY pays dividends to its holders with the dividend yield of 0.53%. The last dividend (Dec 18, 2024) amounted to 0.18 USD. The dividends are paid annually.
KLXY shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Sep 7, 2023, and its management style is Passive.
KLXY expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
KLXY follows the Solactive Global Luxury Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KLXY invests in stocks.
KLXY price has risen by 5.41% over the last month, and its yearly performance shows a −6.55% decrease. See more dynamics on KLXY price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.81% decrease in three-month performance and has decreased by −6.07% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −9.81% decrease in three-month performance and has decreased by −6.07% in a year.
KLXY trades at a premium (0.50%) meaning the ETF is trading at a higher price than the calculated NAV.