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KTEC - ETF AI Analysis
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KraneShares Hang Seng TECH Index ETF (KTEC)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, including Alibaba and Netease, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Focus on Growth Industries
The ETF is heavily invested in high-growth sectors like Consumer Cyclical, Communication Services, and Technology, which have strong long-term potential.
Focused Geographic Exposure
The ETF’s concentration in Hong Kong provides targeted access to innovative companies in one of Asia’s leading markets.
Negative Factors
High Sector Concentration
The ETF is heavily weighted toward Consumer Cyclical and Communication Services, which could increase vulnerability to sector-specific downturns.
Underperforming Holdings
Some top holdings, such as Meituan and JD.com, have lagged in year-to-date performance, potentially dragging on overall returns.
Relatively High Expense Ratio
The ETF’s expense ratio is higher than many broad-market ETFs, which could eat into investor returns over time.
KTEC vs. SPDR S&P 500 ETF (SPY)
AUM60.10M
RegionAsia-Pacific
Expense Ratio0.69%
Beta0.93
IssuerKraneShares
Inception DateJun 09, 2021
Dividend Yield0.22%
Asset ClassEquity
Index TrackedHang Seng Tech Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume57,654
30 Day Avg. Volume58,735
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
21.72Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KTEC Summary
The KraneShares Hang Seng TECH Index ETF (KTEC) is an investment fund that focuses on the technology sector in Asia, specifically companies listed in Hong Kong. It tracks the Hang Seng TECH Index, which includes 30 of the largest tech companies in areas like e-commerce, cloud computing, and digital services. Well-known companies in the ETF include Alibaba and Tencent. This ETF could be appealing for investors looking to benefit from the growth of innovative tech firms in Asia. However, it’s important to note that the ETF is heavily tied to the tech sector, meaning its value can fluctuate significantly based on how the tech industry performs.
How much will it cost me?The KraneShares Hang Seng TECH Index ETF (KTEC) has an expense ratio of 0.69%, which means you’ll pay $6.90 per year for every $1,000 invested. This is higher than average because it is a sector-focused ETF that requires active management to track the Hang Seng TECH Index and its specialized portfolio of technology companies in Asia.
What would affect this ETF?KTEC's focus on leading Asian technology companies positions it to benefit from continued digital innovation and growth in e-commerce, fintech, and cloud services within China and the broader Asia-Pacific region. However, potential risks include regulatory changes in China, geopolitical tensions, and economic slowdowns that could impact consumer spending or technology sector growth. Additionally, shifts in global interest rates may affect investor sentiment toward growth-oriented investments like KTEC.
KTEC Top 10 Holdings
The KraneShares Hang Seng TECH Index ETF is heavily tilted toward Chinese tech giants, with Alibaba and Tencent leading the charge. While Alibaba’s cloud and AI initiatives are promising, its recent performance has been mixed, and Tencent’s growth momentum appears steady but not spectacular. Meituan and Xiaomi are dragging the fund, facing profitability pressures and bearish sentiment. The ETF’s focus on consumer cyclical and communication services sectors amplifies its exposure to China’s evolving digital economy, but the concentration in a few big names means the fund’s fortunes hinge on their ability to navigate competitive and regulatory challenges.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alibaba Group Holding Ltd. | 10.20% | $6.13M | HK$2.89T | 81.11% | 71 Outperform | |
| Meituan | 9.11% | $5.47M | HK$626.43B | -36.10% | 74 Outperform | |
| Tencent Holdings | 8.86% | $5.33M | HK$5.54T | 57.96% | 75 Outperform | |
| Netease Inc | 8.52% | $5.12M | HK$657.05B | 59.23% | 80 Outperform | |
| BYD Co | 7.48% | $4.50M | HK$913.92B | 14.49% | 66 Neutral | |
| Xiaomi | 6.38% | $3.83M | HK$1.07T | 49.17% | 71 Outperform | |
| Kuaishou Technology Class B | 5.96% | $3.58M | HK$293.56B | 40.66% | 71 Outperform | |
| JD.com, Inc. Class A | 5.59% | $3.36M | HK$372.70B | -18.98% | 74 Outperform | |
| Trip.com Group Ltd. | 4.19% | $2.52M | HK$352.70B | 5.21% | 74 Outperform | |
| Baidu, Inc. Class A | 4.16% | $2.50M | HK$312.97B | 39.98% | 63 Neutral |
KTEC Technical Analysis
Neutral
―
Price Trends
17.86
Negative
17.44
Negative
16.78
Negative
Market Momentum
-0.37
Positive
42.83
Neutral
53.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KTEC, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 17.02, equal to the 50-day MA of 17.86, and equal to the 200-day MA of 16.78, indicating a bearish trend. The MACD of -0.37 indicates Positive momentum. The RSI at 42.83 is Neutral, neither overbought nor oversold. The STOCH value of 53.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KTEC.
KTEC Peer Comparison
Comparison Results
Performance Comparison
KTEC
KraneShares Hang Seng TECH Index ETF
16.72
3.27
24.31%
KWEB
Kraneshares Csi China Internet Etf
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―
―
CHIQ
Global X MSCI China Consumer Discretionary ETF
―
―
―
INQQ
India Internet & Ecommerce ETF
―
―
―
DGIN
VanEck Digital India ETF
―
―
―
IOPP
Simplify Tara India Opportunities ETF
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―
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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: ―
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