ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. China Insights Channel
  2. China Sits Firmly Atop Global Innovation Index
China Insights Channel
Share

China Sits Firmly Atop Global Innovation Index

Ben HernandezSep 22, 2023
2023-09-22

China’s goal of self-reliance will certainly rely on innovation. Right now, the second-largest economy sits firmly atop the list of the World Intellectual Property Organization (WIPO) when it comes to innovation on a global scale.

The WIPO noted that East Asia, in particular, is the residence to six out of 10 global science and technology clusters. On a country-by-country basis, China leads in that category.

“According to the 2023 edition of the WIPO’s Global Innovation Index, China has 24 sci-tech clusters, up from 21 last year and making China the country with the greatest number of such clusters,” a XinhuaNet article said.

Investment capital poured into research and development has certainly helped China’s case, as ideas can’t become reality without an influx of dollars (public and private). Given this innovation growth, exchange traded fund (ETF) investors may want to give the KraneShares China Innovation ETF (KGRO ) a closer look.

“China’s remarkable achievements in innovation and output mirror the emergence of new global growth engines, which are inseparable from the great importance the Chinese government attaches to IP strategy and the continuous improvement of the country’s IP policies,” the article added, quoting the words of WIPO Deputy Director General Wang Binying.

An Active Fund Focused on Innovation

When it comes to identifying investment opportunities in ETFs that target China’s innovation ecosystem, KGRO offers a compelling option, especially given its active management component. Given this, KGRO offers dynamic exposure allowing for portfolio changes when market conditions warrant adjustment. That is imperative given the volatile economic conditions in China currently.

Furthermore, KGRO is essentially a fund of funds that offers exposure to various KraneShares ETF products:

  • KraneShares CSI China Internet ETF (KWEB B)
  • KraneShares MSCI All China Health Care ETF (KURE C)
  • KraneShares MSCI China Clean Technology ETF (KGRN B-)
  • KraneShares CICC China 5G & Semiconductor ETF (KFVG C+)
  • KraneShares SSE STAR Market 50 Index ETF (KSTR B-)

If investors want more targeted exposure to these individual funds, they can solely allocate investment capital into each fund as a separate position. As of September 19, the fund is heavily focused on KWEB, comprising just over 30% of the fund’s assets, while KURE comes in second at about 26% of the fund.

The focus on KWEB highlights the strength of technology right now, especially with the focus on artificial intelligence (AI). That said, AI is permeating sectors like the healthcare industry, which warrants exposure to KURE.

For more news, information, and analysis, visit the China Insights Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X