ETF Evaluator: KraneShares Value Line® Dyn Div Eq ETF () Follow This ETF

KraneShares Value Line® Dyn Div Eq ETF Overview

KraneShares Value Line® Dyn Div Eq ETF (KVLE) is a passively managed U.S. Equity Large Value exchange-traded fund (ETF). KraneShares launched the ETF in 2020.

The investment seeks to provide investment results that, before fees and expenses, track the price and yield performance of a specific equity securities index, the Value Line® Dynamic Dividend Equity Index. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its index or in instruments that have economic characteristics similar to those in the index. The fund may invest up to 20% of its assets in instruments that are not included in the index, but that the adviser, believes will help the fund track the index. The fund is non-diversified.

About KraneShares Value Line® Dyn Div Eq ETF (KVLE)

There are 2 members of the management team with an average tenure of 5.69 years: James Maund (2020) and Jonathan Shelon (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Value Line Dynamic Dividend Eq TR USD index with a weighting of 100%. KraneShares Value Line® Dyn Div Eq ETF has 86 securities in its portfolio. The top 10 holdings constitute 31.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

KraneShares Value Line® Dyn Div Eq ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. KraneShares Value Line® Dyn Div Eq ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.8% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). KraneShares Value Line® Dyn Div Eq ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $41 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

KVLE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The KraneShares Value Line® Dyn Div Eq ETF expense ratio is average compared to funds in the Large Value category. KraneShares Value Line® Dyn Div Eq ETF has an expense ratio of 0.56%, which is 50% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. KraneShares Value Line® Dyn Div Eq ETF has a portfolio turnover rate of 112%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.

Recently, in the month of July 2026, KraneShares Value Line® Dyn Div Eq ETF returned 0.6%, which earned it a grade of F, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

KraneShares Value Line® Dyn Div Eq ETF has a trailing yield of 2.09%, which is above the 1.70% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

KraneShares Value Line® Dyn Div Eq ETF Grades

Year to date, the ETF has returned 12.1%, 2.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 18.0% over the past year (grade of F), 14.5% over the past three years (grade of D) and 11.4% per year over the past five years (grade of C).

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