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KraneShares Trust - KraneShares China Alpha Index ETF(KCAI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for KCAI
10/29/2026: KCAI (2-star) is currently NOT-A-BUY. Pass it for now.
KCAI is an actively managed ETF providing broad exposure to Chinese equities through a quantitative selection strategy. It aims to generate alpha by targeting specific growth factors, distinguishing it from traditional market-cap-weighted index funds. While it offers the potential for outperformance, it carries higher management fees and remains subject to the significant geopolitical and regulatory risks associated with the Chinese market. It is most suitable for long-term investors comfortable with high volatility and seeking specialized exposure beyond passive benchmarking. Investors should closely monitor regulatory environments and the fund’s tracking versus its benchmark.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund seeks out companies with high growth potential, aligning with long-term growth objectives. |
| Momentum investor | Strong fit while signal remains positive | Active strategies like KCAI can capture momentum trends when the underlying quantitative signals are constructive. |
| Value investor | Mixed fit | While the fund may incorporate valuation metrics, its growth focus may lead it to hold companies that are not traditionally 'value' stocks. |
| Dividend/Income investor | Weak fit | This fund prioritizes capital appreciation over consistent income generation through dividends. |
| Low-risk investor | Weak fit | Investing in Chinese equities, especially via an active strategy, entails high market and volatility risks. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced market participant who has a high tolerance for risk, believes in the long-term growth of China, and prefers an active, data-driven approach to standard index investing.
Suitability
KCAI is best suited for long-term investors seeking active exposure to China and who are prepared for the volatility associated with this market.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Chinese markets are prone to significant price fluctuations due to policy changes and global sentiment. |
| Market risk | High | The fund is fully exposed to systemic risks inherent in the Chinese financial markets. |
| Concentration | Medium | Active strategies may result in sector or style tilts that differ significantly from the broader market. |
| Tracking/expense | Medium | Higher management fees and active turnover can impact net returns compared to passive index funds. |
| Liquidity | Medium | Accessing certain Chinese securities can sometimes lead to lower liquidity during periods of market stress. |
| Business/sector quality | Medium / high | The fund's performance depends on the efficacy of its proprietary selection model in identifying high-quality companies. |
Risk Analysis
Volatility
KCAI exhibits high historical volatility, consistent with the nature of emerging market equity investments and active management.
Market Risk
The fund is heavily subject to systemic, geopolitical, and regulatory risks inherent in China, which can create abrupt, deep corrections.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Chinese Equity Market (A-shares, H-shares, ADRs) | 98 | This exposure provides broad access to the Chinese economy through a diverse range of domestic and offshore-listed companies. |
| Cash/collateral | Cash and Cash Equivalents | 2 | A small cash position is held for liquidity management and to facilitate daily operational requirements. |
Analysis of Past Performance
Type ETF | Historic Profit 40.38% | Avg. Invested days 90 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/29/2026 |
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