Education
About Us
Working with TipRanks
Follow Us
KLXY - AI Analysis
Top Page
KraneShares Global Luxury Index ETF (KLXY)
Rating:67Neutral
Price Target:
$30.00
Positive Factors
Strong Luxury Sector Exposure
The ETF is heavily weighted in consumer cyclical and defensive sectors, which are supported by steady demand for luxury goods.
Geographic Diversification
The fund invests across multiple countries, including France, the USA, Switzerland, and Japan, reducing reliance on any single economy.
Solid Recent Performance
The ETF has shown strong year-to-date and short-term gains, indicating positive momentum in its holdings.
Negative Factors
High Concentration in France
Nearly 40% of the fund is allocated to French companies, which increases exposure to country-specific risks.
Underperforming Top Holding
LVMH, the largest position in the portfolio, has delivered weak year-to-date performance, potentially dragging down overall returns.
Relatively High Expense Ratio
The ETF charges a higher expense ratio compared to many broad-market funds, which could eat into investor returns over time.
KLXY vs. SPDR S&P 500 ETF (SPY)
AUM3.36M
RegionDeveloped Markets
Expense Ratio0.69%
Beta0.96
IssuerKraneShares
Inception DateSep 07, 2023
Dividend Yield0.67%
Asset ClassEquity
Index TrackedSolactive Global Luxury Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume927
30 Day Avg. Volume1,877
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.26Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering24
KLXY Summary
The KraneShares Global Luxury Index ETF (KLXY) is an investment fund that focuses on high-end luxury goods and services. It includes companies like LVMH Moet Hennessy Louis Vuitton and L'Oreal, which are leaders in fashion, beauty, and premium products. This ETF tracks the Solactive Global Luxury Index, giving investors exposure to prestigious brands from around the world, including France, the USA, and Switzerland. People might consider investing in KLXY to benefit from the steady demand for luxury goods, even during economic ups and downs. However, new investors should be aware that this ETF is heavily tied to consumer spending, which can fluctuate with broader economic conditions.
How much will it cost me?The KraneShares Global Luxury Index ETF (KLXY) has an expense ratio of 0.69%, meaning you’ll pay $6.90 per year for every $1,000 invested. This is higher than average because it is actively managed to focus on a specific niche of luxury goods and services. Actively managed ETFs typically have higher costs due to the research and strategy involved.
What would affect this ETF?KLXY could benefit from growing global demand for luxury goods, particularly in developed markets, as consumers increasingly prioritize premium and experiential purchases. However, economic downturns or rising interest rates could negatively impact discretionary spending on luxury items, and regulatory changes or supply chain disruptions might pose challenges for its top holdings in the consumer cyclical sector.
KLXY Top 10 Holdings
KLXY is a showcase of global luxury, with a heavy focus on consumer cyclical names like LVMH and Kering, which are driving the fund’s performance thanks to strong financial results and positive momentum. L'Oreal and Richemont add stability with steady growth, while Tapestry has been a standout performer, buoyed by its Coach brand. However, Hermes has been lagging recently, facing short-term challenges despite its long-term appeal. With a clear focus on developed markets and high-end consumer goods, this ETF is a bet on the enduring allure of luxury, even amid mixed economic signals.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| LVMH Moet Hennessy Louis Vuitton | 11.17% | $368.28K | €304.27B | 0.14% | 78 Outperform | |
| Compagnie Financiere Richemont SA | 7.92% | $261.31K | CHF92.89B | 25.40% | 77 Outperform | |
| L'Oreal | 7.75% | $255.73K | €193.07B | 6.09% | 71 Outperform | |
| Kering SA | 7.23% | $238.57K | €37.61B | 33.88% | 68 Neutral | |
| EssilorLuxottica SA | 6.95% | $229.07K | €146.57B | 47.65% | 68 Neutral | |
| The Estée Lauder Companies | 6.48% | $213.67K | $34.84B | 45.22% | 61 Neutral | |
| Tapestry | 5.89% | $194.12K | $22.73B | 133.81% | 64 Neutral | |
| Hermes International | 5.65% | $186.38K | €224.88B | 9.93% | 79 Outperform | |
| Ralph Lauren | 5.17% | $170.48K | $19.37B | 61.72% | 81 Outperform | |
| Kao | 3.83% | $126.35K | ¥3.03T | -6.30% | 66 Neutral |
KLXY Technical Analysis
Positive
―
Price Trends
25.97
Positive
25.29
Positive
24.70
Positive
Market Momentum
0.25
Positive
46.35
Neutral
1.33
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KLXY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 26.56, equal to the 50-day MA of 25.97, and equal to the 200-day MA of 24.70, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 46.35 is Neutral, neither overbought nor oversold. The STOCH value of 1.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KLXY.
KLXY Peer Comparison
Comparison Results
Performance Comparison
KLXY
KraneShares Global Luxury Index ETF
26.18
3.39
14.87%
AGNG
Global X Aging Population ETF
―
―
―
WISE
Themes Generative Artificial Intelligence ETF
―
―
―
FOWF
Pacer Solactive Whitney Future of Warfare ETF
―
―
―
EFRA
iShares Environmental Infrastructure and Industrials ETF
―
―
―
TINY
ProShares Nanotechnology ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents