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Data as of Nov 12, 2026.

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KAIT vs LUMA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+1.9 pts
1 month to Nov 12, 2026: KAIT ahead, total return
Fee gap
0.00 pts
A year: both 1.00%, per filings dated Jul 8, 2026 and Nov 12, 2026
Overlap
3%
Share of the two books held in common, holdings dated Nov 11, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

Both cost 1.00% a year; LUMA is 2.5 times larger.

Points (pts) are percentage points.

KAIT vs LUMA: Holdings Overlap & Returns
MeasureKAITLUMA
Drawdown
Below its all-time high29.6%, high on Oct 6, 202633.8%, high on Oct 6, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio1.00%1.00%
Net assets, as of Nov 11, 2026$4.0m$10m
Holdings
Holdings in common3%

Method

Key numbers
0.0%
KAIT in the S&P 500
19.4%
LUMA in the S&P 500
−18.6%
KAIT total return, since launch, Aug 19, 2026
−23.5%
LUMA total return, since launch, Jul 15, 2026
KAIT · since launch to Nov 12, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of KAIT's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 11, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 39% of the fund · 50 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of KAIT's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 11, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

0% of KAIT's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 11, 2026.

LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

What they share

3%

By the books each fund has filed, KAIT and LUMA hold 3% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first KAIT LUMA
LAND MARK OPTOELECTRONICS 1.68% 5.31%
ZHONGJI INNOLIGHT CO LTD-A 1.01% 4.45%
EOPTOLINK TECHNOLOGY INC L-A 0.64% 4.71%
Only in one fund ↓
Only in KAIT
TAIWAN SEMICONDUCTOR MANUFAC 9.06%
SAMSUNG ELECTRONICS CO LTD 6.37%
SK HYNIX INC 5.53%
ADVANTEST CORP 3.43%
TOKYO ELECTRON LTD 2.89%
SHIN-ETSU CHEMICAL CO LTD 2.58%
LASERTEC CORP 2.32%
ASIA VITAL COMPONENTS 2.30%
Only in LUMA
AYAR LABS INC 9.61%
COHERENT CORP 5.72%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
AIXTRON SE 5.65%
LUMENTUM HOLDINGS INC 4.74%
TOWER SEMICONDUCTOR LTD 4.61%
S.O.I.T.E.C. 4.19%
NOKIA CORP-SPON ADR 4.00%
Check overlap with more funds →

Window by window

Window by window: KAIT vs LUMA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowKAITLUMAKAITLUMA
3 months–−29.0%–−20.7 pts vs EEM
Since launchNot the same days: KAIT Aug 2026 · LUMA Jul 2026−18.6%−23.5%not measured−16.7 pts vs EEM

– means no data for this window. Open this comparison in the app →

Side by side

KAIT KraneShares Asia AI Technology ETF · Holds 50 stocks in artificial intelligence, 0% of its weight in S&P 500 companies LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies
Issuer KraneShares KraneShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 0.0% 19.4%
Active share vs the S&P 500 100.0% 99.0%
In the Nasdaq-100 0.0% 8.6%
Holdings 50 27
Top ten, share of the fund 39.0% 54.7%
Expense ratio 1.00% 1.00%
Fee for the differing part 1.00% 1.01%
Total return, 1 year −18.6% (since launch, Aug 19, 2026) −23.5% (since launch, Jul 15, 2026)
vs its benchmark not measured −16.7 pts vs EEM (since launch, Jul 15, 2026)
Below its high −29.6% −33.8%
Net assets, as of Nov 11, 2026 $4.0m $10m

As of Nov 12, 2026. Source: ETFIQ.

3% of the two portfolios are the same securities at the same weight.

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About each fund
KAIT

By weight, 0% of KAIT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 39% of the fund across 50 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Aug 19, 2026 the fund returned −18.6% with distributions reinvested. It sits 29.6% below its all-time high of Oct 6, 2026.

LUMA

By weight, 19% of LUMA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

Questions people ask

Do KAIT and LUMA hold the same stocks?
By their latest filings, 3% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, KAIT or LUMA?
KAIT has 0% of its weight in S&P 500 names and LUMA has 19%, so KAIT differs more from the index.
Which is cheaper, KAIT or LUMA?
KAIT and LUMA both charge 1.00% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
KAIT vs AIHYKAIT vs CGPTKAIT vs AINFKAIT vs TCAILUMA vs BAILUMA vs AIUPLUMA vs AINTLUMA vs LQAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →KAIT on its own →LUMA on its own →KAIT holdings →LUMA holdings →Method →Standards and sources →
Sources and dates
KraneShares page for KAIT ↗
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, KAIT against LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/kait-vs-luma

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

KAIT and LUMA hold 3% of their weight in the same names.

KAIT on its own →LUMA on its own →
Growth of 100

KAIT and LUMA

Total return, distributions reinvested, 1 month.

KAIT −23.1%LUMA −25.0%
Oct 13, 2026Nov 12, 2026

KAIT −23.1%, LUMA −25.0%: KAIT +1.9 pts ahead, 1 month, Oct 13, 2026 to Nov 12, 2026.