KOID: KRANESHARES GLOBAL HUMANOID ROBOTICS AND PHYSICAL AI INDEX ETF
What this ETF is trying to do
The KRANESHARES GLOBAL HUMANOID ROBOTICS AND PHYSICAL AI INDEX ETF (ticker: KOID) is an exchange-traded fund that focuses on the robotics and artificial intelligence industry. It holds a variety of companies involved in humanoid robotics and physical AI. This list of top holdings is partial, meaning it only shows some of the companies in the fund:
• HEXAGON AB CLASS B (2.60%)
• MP MATERIALS CORP ORDINARY SHARES CLASS A (2.38%)
• RAINBOW ROBOTICS ORDINARY SHARES (2.36%)
• NIDEC CORP (2.35%)
• MAGNA INTERNATIONAL INC (2.30%)
• NVIDIA CORP (2.29%)
• DOOSAN CORP ORDINARY SHARES (2.26%)
• ALLIENT INC (2.23%)
• AMPHENOL CORP CLASS A (2.22%)
• KEYENCE CORP (2.22%)
Please remember that holdings can change over time.
What the numbers show
When looking at an ETF, it is important to know the difference between "price return" and "total return." Price return only tracks how much the share price changed. Total return includes both the price change and any cash distributions paid out to investors.
For KOID, here is what the data shows:
• Year-to-Date (YTD): The YTD price return is approximately 16.24%. The YTD total return is also approximately 16.24%.
• One-Year Performance: The one-year price return was approximately 13.11%. However, the one-year total return was higher, at approximately 14.09%.
To give you an idea of price movement, the current price is $37.02. The estimated price from roughly one year ago was approximately $32.73.
Income and distribution explanation
Some investors look for "distributions," which are cash payments made by the ETF. KOID has a distribution yield of approximately 0.73%. This number describes the cash distributions relative to the ETF's price.
The data shows that these payments are "irregular," meaning they do not happen on a set schedule. In the last 12 months, there was one payout. It is important to remember that a distribution yield is not the same as a total return.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. StockValueFinder uses an "erosion-risk score" to measure this risk.
For KOID, the erosion score is 100, and the label states "No price erosion detected." The erosion severity is listed as "good," and there is no severe erosion-risk flag.
Pros
• The ETF has shown positive price returns both year-to-date and over the last year.
• The total return over the last year was higher than the price return, meaning distributions added to the overall value.
• The erosion-risk measurements suggest no detected price erosion.
Cons
• The distribution frequency is irregular, so investors cannot rely on a steady schedule of cash payments.
• The distribution yield is relatively low (approximately 0.73%).
Beginner takeaway
When studying KOID, notice that the total return is different from the price return. This happens because the total return accounts for the cash distributions paid to shareholders. While this ETF has seen price growth recently, always remember that past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HEXAGON AB CLASS B | n/a | 2.60% |
| 2 | MP MATERIALS CORP ORDINARY SHARES CLASS A | MP | 2.38% |
| 3 | RAINBOW ROBOTICS ORDINARY SHARES | n/a | 2.36% |
| 4 | NIDEC CORP | n/a | 2.35% |
| 5 | MAGNA INTERNATIONAL INC | n/a | 2.30% |
| 6 | NVIDIA CORP | NVDA | 2.29% |
| 7 | DOOSAN CORP ORDINARY SHARES | n/a | 2.26% |
| 8 | ALLIENT INC | ALNT | 2.23% |
| 9 | AMPHENOL CORP CLASS A | APH | 2.22% |
| 10 | KEYENCE CORP | n/a | 2.22% |