Data as of .
KMCA vs PIEL: which is really different?
KMCA and PIEL hold 10% of their weight in the same names.
ETFIQ Off-Index Score: KMCA scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
10% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, KMCA and PIEL hold 10% of their money in the same securities at the same weight.
| Holding | KMCA | PIEL |
|---|---|---|
| SK HYNIX INC | 12.17% | 9.81% |
| Only in KMCA | Only in PIEL |
|---|---|
| SAMSUNG ELECTRO MECHANICS 15.17% | ASML Holding NV 6.10% |
| SAMSUNG ELECTRONICS CO LTD 8.01% | Novartis AG 4.89% |
| DAEDUCK ELECTRONICS CO LTD 6.62% | AstraZeneca PLC 4.58% |
| ISUPETASYS COMPANY LTD 3.80% | Roche Holding AG 4.49% |
| SAMSUNG SDI COMPANY LTD 3.72% | LVMH Moet Hennessy Louis Vuitt 3.48% |
| HANMI SEMICONDUCTOR COMPANY LTD 3.25% | SAP SE 3.28% |
| RAINBOW ROBOTICS INC 2.80% | Hermes International SCA 3.13% |
| HYUNDAI MOTOR COMPANY 2.75% | BHP Group Ltd 3.06% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| KMCA | PIEL | KMCA | PIEL | KMCA | PIEL | |
| 3 months | −19.3% | −6.1% | −21.5 pts | −8.3 pts | −16.8 pts | −3.6 pts |
| 6 months | not published | +19.0% | not published | +1.0 pts | not published | −5.2 pts |
| Since launch | −12.4% | +11.8% | −17.0 pts | +0.2 pts | −16.3 pts | −4.5 pts |
| KMCA PLUS Korea Manufacturing Core Alliance Index ETF Holds 35 stocks in reshoring and manufacturing, 0% of its weight in S&P 500 companies | PIEL Pacer International Export Leaders ETF Holds 100 stocks in reshoring and manufacturing, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | PLUS | Pacer |
| Theme | Reshoring and manufacturing | Reshoring and manufacturing |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 3.0% |
| Holdings | 35 | 100 |
| Top ten, share of the fund | 60.8% | 45.7% |
| Expense ratio | 0.65% | 0.49% |
| Fee for the differing part | 0.65% | 0.49% |
| Total return, 1 year | −12.4% (since launch on May 7, 2026) | +11.8% (since launch on Dec 23, 2025) |
| vs the S&P 500 | −17.0 pts | +0.2 pts |
| vs the Nasdaq-100 | −16.3 pts | −4.5 pts |
| Below its high | −20.2% | −6.1% |
| Net assets | $3m | $1m |
KMCA in plain words
By weight, 0% of KMCA'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 61% of the fund across 35 positions, as filed for May 31, 2026. Since it launched on May 7, 2026 the fund returned −12.4% with distributions reinvested against +4.6% for the S&P 500, so a holder was behind by 17.0 pts. It sits 20.2% below its all-time high of Jun 1, 2026.
PIEL in plain words
By weight, 0% of PIEL'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 46% of the fund across 100 positions, as filed for Apr 30, 2026. Since it launched on Dec 23, 2025 the fund returned +11.8% with distributions reinvested against +11.6% for the S&P 500, so a holder was about even. It sits 6.1% below its all-time high of Jun 18, 2026.
Questions people ask
- Do KMCA and PIEL hold the same stocks?
- By their latest filings, 10% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, KMCA or PIEL?
- KMCA has 0% of its weight in S&P 500 names and PIEL has 0%, so KMCA differs more from the index.
- Which is cheaper, KMCA or PIEL?
- KMCA charges 0.65% a year and PIEL charges 0.49%, so PIEL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, KMCA against PIEL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/kmca-vs-piel Free to use with attribution; the underlying files are at Open data.