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Upturn AI Summary
KraneShares MSCI Emerging Markets ex China Index ETF(KEMX)
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 KEMX
10/28/2026: KEMX (2-star) is currently NOT-A-BUY. Pass it for now.
KEMX provides targeted exposure to large and mid-cap companies in emerging markets while intentionally excluding China. It achieves this by tracking an MSCI index, offering a transparent and cost-effective way to gain exposure to regions like India, Taiwan, and South Korea. Its primary strength lies in its ability to isolate non-China emerging growth, though it carries higher volatility and regional concentration risks compared to broader indices. The ETF is most appropriate for long-term growth-oriented investors looking to diversify away from Chinese geopolitical exposure, and it requires monitoring of currency trends and regional political stability.
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 captures high-growth potential in emerging economies excluding the regulatory risks of China. |
| Momentum investor | Strong fit while signal remains positive | Investors can capitalize on relative strength trends in non-China emerging markets when broad momentum signals are positive. |
| Value investor | Mixed fit | While many holdings are priced attractively, emerging markets can be volatile and present valuation traps. |
| Dividend/Income investor | Mixed fit | The fund prioritizes capital appreciation over high-yield income generation. |
| Low-risk investor | Weak fit | Emerging markets carry significant currency, political, and volatility risks unsuitable for conservative portfolios. |
Investor Profile
Ideal Investor Profile
An investor who is bullish on emerging markets but has a specific investment thesis that excludes China due to risk management or ethical constraints.
Suitability
Best suited for long-term investors seeking to diversify their international equity allocation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Emerging market equities are inherently more volatile than developed market counterparts. |
| Market risk | High | The value of the investments can decline due to broader economic instability in the underlying countries. |
| Concentration | Medium / high | The fund is concentrated in a handful of key emerging nations, increasing sensitivity to regional events. |
| Tracking/expense | Low | The expense ratio is competitive and tracking error is generally well-managed. |
| Liquidity | Medium | Some smaller constituents in emerging markets may have lower trading liquidity during periods of stress. |
| Business/sector quality | Medium | Exposure covers a wide range of companies with varying levels of financial health and corporate governance standards. |
Risk Analysis
Volatility
KEMX exhibits high historical volatility, consistent with the broader emerging markets asset class.
Market Risk
The fund is subject to systematic risk in emerging nations, including political instability, currency fluctuations, and regulatory changes.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | India Equities | 30 | India provides significant exposure to a high-growth emerging economy distinct from the Chinese market. |
| Geography | Taiwan Equities | 25 | Taiwan offers strong exposure to the global technology and semiconductor hardware supply chain. |
| Geography | South Korea Equities | 20 | South Korean companies provide access to developed industrial and consumer electronics markets within the emerging category. |
| Geography | Brazil Equities | 15 | Brazil provides exposure to the Latin American region, heavily influenced by commodities and financials. |
| Geography | Other Emerging Markets | 10 | This residual weight includes diversified exposure to countries like South Africa, Mexico, and Thailand. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit 26.87% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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