Snapshot*
Top 10 Holdings
What is KBA?
KBA is benchmarked to the MSCI China A 50 Connect Index consisting of 50 largecap Shanghai and Shenzhen listed stocks Ashares available through Stock Connect This Index offers the first officially recognized Futures contracts for Stock Connect eligible A shares representing a powerful risk management tool for international investors KA50 will focus on the largest most liquid stocks which receive most foreign interest and inflows and may benefit from increased global investment in Chin as onshore market over the long term. Formerly KraneShares Bosera MSCI China A Share ETF.
ETFs related toKBA
ETFs correlated to KBA include ASHR, CHAU, CNYA
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toKBA
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with KBA using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.