KraneShares China Alpha Index ETF KCAI
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.79%
- Net assets
- $3.2M
- Holdings
- 38
- 12-month distribution yield
- 33.62%
- Asset class
- Equity
KraneShares China Alpha Index ETF (KCAI) is an exchange-traded fund listed on NYSE Arca in the United States, issued by KraneShares. Its category is Equity · International (equity). Its last price was US$32.12 on 20 Oct 2026. Its expense ratio is 0.79% a year, from its prospectus dated 1 Aug 2025. It reported net assets of US$3.17 million as of 30 Jun 2026. Its latest holdings report lists 38 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$10.80 a unit, a 12-month distribution yield of 33.62%, paid twice a year.
Fees
- Total annual operating expenses (gross)
- 0.79%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.78%
- Prospectus date
- 1 Aug 2025
- Filed with the SEC
- 29 Jul 2025
Size and reporting
- Net assets
- $3,174,146
- Total assets
- $3,181,301
- Holdings as of
- 30 Jun 2026
- Report made public
- 28 Aug 2026 (59 days after the month end)
Top holdings
Largest 25 of 38 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Zhejiang Juhua Co., Ltd. ZHEJIANG JUHUA CO-A COMMON STOCK | CNE000000WQ6 | 4.65% | $148K | Equity (common) | China | CNY |
| 2 | Wus Printed Circuit Kunshan Co Ltd WUS PRINTED CIRCUIT KUNSHA-A COMMON STOCK | CNE100000SP5 | 3.97% | $126K | Equity (common) | China | CNY |
| 3 | Suzhou TFC Optical Communication Co Ltd SUZHOU TFC OPTICAL COMMUNI-A COMMON STOCK | CNE100001XQ1 | 3.79% | $120K | Equity (common) | China | CNY |
| 4 | Zhongji Innolight Co Ltd ZHONGJI INNOLIGHT CO LTD-A COMMON STOCK | CNE100001CY9 | 3.54% | $112K | Equity (common) | China | CNY |
| 5 | China Galaxy Securities Co., Ltd. CHINA GALAXY SECURITIES CO-A COMMON STOCK | CNE100002FG7 | 3.34% | $106K | Equity (common) | China | CNY |
| 6 | SATELLITE CHEMICAL CO., LTD. SATELLITE CHEMICAL CO LTD-A COMMON STOCK | CNE100001B07 | 3.24% | $103K | Equity (common) | China | CNY |
| 7 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED IND & COMM BK OF CHINA-A COMMON STOCK | CNE000001P37 | 3.16% | $100K | Equity (common) | China | CNY |
| 8 | BANK OF CHINA LIMITED BANK OF CHINA LTD-A COMMON STOCK | CNE000001N05 | 3.14% | $100K | Equity (common) | China | CNY |
| 9 | CHINA CONSTRUCTION BANK CORPORATION CHINA CONSTRUCTION BANK-A COMMON STOCK | CNE100000742 | 3.11% | $99K | Equity (common) | China | CNY |
| 10 | Bank of Beijing Co., Ltd. BANK OF BEIJING CO LTD -A COMMON STOCK | CNE100000734 | 3.11% | $99K | Equity (common) | China | CNY |
| 11 | AGRICULTURAL BANK OF CHINA LIMITED AGRICULTURAL BANK OF CHINA-A COMMON STOCK | CNE100000RJ0 | 3.08% | $98K | Equity (common) | China | CNY |
| 12 | Bank of Communications Co., Ltd. BANK OF COMMUNICATIONS CO-A COMMON STOCK | CNE1000000S2 | 3.08% | $98K | Equity (common) | China | CNY |
| 13 | Bank of Shanghai Co., Ltd. BANK OF SHANGHAI CO LTD-A COMMON STOCK | CNE100002FM5 | 3.07% | $97K | Equity (common) | China | CNY |
| 14 | Bank of Jiangsu Co., Ltd. BANK OF JIANGSU CO LTD-A COMMON STOCK | CNE100002G76 | 3.06% | $97K | Equity (common) | China | CNY |
| 15 | HUA XIA BANK CO., Limited HUAXIA BANK CO LTD-A COMMON STOCK | CNE000001FW7 | 3.03% | $96K | Equity (common) | China | CNY |
| 16 | Shanghai International Port (Group) Co., Ltd. SHANGHAI INTERNATIONAL POR-A COMMON STOCK | CNE0000013N8 | 3.01% | $96K | Equity (common) | China | CNY |
| 17 | CRRC Corporation Limited CRRC CORP LTD-A COMMON STOCK | CNE100000CP9 | 3.00% | $95K | Equity (common) | China | CNY |
| 18 | China CSSC Holdings Limited CHINA CSSC HOLDINGS LTD-A COMMON STOCK | CNE000000W05 | 3.00% | $95K | Equity (common) | China | CNY |
| 19 | Chongqing Rural Commercial Bank Co., Ltd. CHONGQING RURAL COMMERCIAL-A COMMON STOCK | CNE100003NZ9 | 2.95% | $94K | Equity (common) | China | CNY |
| 20 | NARI Technology Co., Ltd. NARI TECHNOLOGY CO LTD-A COMMON STOCK | CNE000001G38 | 2.94% | $93K | Equity (common) | China | CNY |
| 21 | Daqin Railway Co., Ltd. DAQIN RAILWAY CO LTD -A COMMON STOCK | CNE000001NG4 | 2.92% | $93K | Equity (common) | China | CNY |
| 22 | COSCO SHIPPING Holdings Co., Ltd. COSCO SHIPPING HOLDINGS CO-A COMMON STOCK | CNE100000601 | 2.92% | $93K | Equity (common) | China | CNY |
| 23 | BANK OF NANJING CO., LTD. BANK OF NANJING CO LTD -A COMMON STOCK | CNE100000627 | 2.88% | $91K | Equity (common) | China | CNY |
| 24 | FUYAO GLASS INDUSTRY GROUP CO., LTD. FUYAO GLASS INDUSTRY GROUP-A COMMON STOCK | CNE000000230 | 2.86% | $91K | Equity (common) | China | CNY |
| 25 | Eoptolink Technology Inc Ltd EOPTOLINK TECHNOLOGY INC L-A COMMON STOCK | CNE100002615 | 2.76% | $88K | Equity (common) | China | CNY |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 100.77% |
Country
| Country | Weight | Bar |
|---|---|---|
| China | 100.77% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| Chinese yuan (CNY) | 100.77% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $10.7980
- 12-month yield
- 33.62%
- Frequency
- Twice a year
- Latest ex-date
- 30 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($10.7980) ÷ latest price ($32.12) × 100 = 33.62%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (3 payments)
| Ex-date | Amount per unit |
|---|---|
| 30 Dec 2025 | $0.0810 |
| 22 Dec 2025 | $10.7170 |
| 17 Dec 2024 | $0.5930 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000085113) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- KCAI and VXUS Vanguard Total International Stock ETF
- KCAI and VEA Vanguard FTSE Developed Markets ETF
- KCAI and IEFA iShares Core MSCI EAFE ETF
- KCAI and VWO Vanguard FTSE Emerging Markets ETF