Kfa Value Line Etf Profile
| KVLE Etf | USD 27.86 0.01 0.04% |
Performance15 of 100
| Odds Of DistressLess than 9
|
KFA Value is trading at 27.86 as of the 26th of November 2024, a 0.04 percent increase since the beginning of the trading day. The etf's lowest day price was 27.86. KFA Value has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for KFA Value Line are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2024 and ending today, the 26th of November 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in instruments in its index or in instruments that have economic characteristics similar to those in the index. Kraneshares Kfa is traded on NYSEARCA Exchange in the United States. More on KFA Value Line
Moving together with KFA Etf
| 0.95 | VTV | Vanguard Value Index | PairCorr |
| 0.97 | VYM | Vanguard High Dividend | PairCorr |
| 0.95 | IWD | iShares Russell 1000 Sell-off Trend | PairCorr |
| 0.96 | DGRO | iShares Core Dividend | PairCorr |
| 0.93 | IVE | iShares SP 500 | PairCorr |
| 0.89 | DVY | iShares Select Dividend | PairCorr |
Moving against KFA Etf
KFA Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Strategy ETFs, Large Value, KraneShares (View all Sectors) |
| Issuer | KraneShares |
| Inception Date | 2020-11-24 |
| Benchmark | Value Line Dynamic Core Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 33.27 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Krane Funds Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | James Maund, Jonathan Shelon |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 88.0 |
| Market Maker | GTS |
| Total Expense | 0.56 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 22.89 |
| Name | KFA Value Line Dynamic Core Equity Index ETF |
| Currency Code | USD |
| Open Figi | BBG00YB1L9Q9 |
| In Threey Volatility | 15.2 |
| 1y Volatility | 11.0 |
| 200 Day M A | 24.9361 |
| 50 Day M A | 26.9537 |
| Code | KVLE |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.48 |
KFA Value Line [KVLE] is traded in USA and was established 2020-11-23. The fund is listed under Large Value category and is part of KraneShares family. The entity is thematically classified as Broad Equity ETFs. KFA Value Line now have 24.68 M in assets. , while the total return for the last 3 years was 11.1%.
Check KFA Value Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on KFA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KFA Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as KFA Value Line Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top KFA Value Line Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MA | Mastercard | Stock | Financials |
KFA Value Line Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KFA Value. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1299 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | 0.0012 | |||
| Sortino Ratio | (0.01) |
KFA Value Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Value Line. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of KFA Value Line is measured differently than its book value, which is the value of KFA that is recorded on the company's balance sheet. Investors also form their own opinion of KFA Value's value that differs from its market value or its book value, called intrinsic value, which is KFA Value's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KFA Value's market value can be influenced by many factors that don't directly affect KFA Value's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KFA Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.