KROO is one of several ETFs offering exposure to Australia, a resource rich developed economy that offers a very unique risk/return profile and may have tremendous appeal in certain environments. While many investors achieve exposure to Australia through EAFE ETFs such as VEA or EFA, those looking to target this market specifically may find this fund to be useful. Given the targeted focus, KROO can be used in multiple ways; many will embrace this ETF to establish a short term tactical tilt towards the Australian market. But it may also have appeal as a complementary holding in a long-term portfolio of those who believe the Australian market maintains promising long-term prospects. EWA is the most popular Australia ETF; that fund focuses primarily on large cap stocks. KROO's small cap focus gives it a very unique sector allocation, and may make it more appealing to those looking to access the country's natural resource sectors. Additionally, it should be noted that KROO might offer better "pure play" exposure to the Australian economy than the large cap counterpart. Finally, KROO offers a nice balanced portfolio; no one name accounts for a meaningful allocation, and concentration is minimal (the same can't be said for EWA).
The adjacent table gives investors an individual Realtime Rating for KROO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Asia Pacific Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Developed Markets (ex-US)||97.87%|
This ETF is not currently available for commission free trading on any platforms.
There are 8 other ETFs in the Asia Pacific Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of KROO relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.