# KPHO (KraneShares Dragon Capital Growth of Vietnam Index ETF)

KraneShares · Stock ETFs · Single country or narrow region · data as of Nov 12, 2026

KPHO returned −2.6% from Dec 4, 2025 to Nov 12, 2026, charges 1.02% a year and holds $11m in net assets on Nov 11, 2026.

Promise check: Not measured. No other ETF tracks the index it names, so its tracking cannot be measured. https://etfiq.com/promise-index/stocks/

KPHO tracks an index and returned −2.6% since it first traded on Dec 4, 2025.

## Key facts

- KPHO, total return, since launch, Dec 4, 2025: −2.6%, as of Nov 12, 2026.
- KPHO, expense ratio: 1.02%, as of Jul 31, 2026.
- KPHO, holdings: 38, as of Nov 11, 2026.
- KPHO, below its high: −15.2%, as of Nov 12, 2026.
- KPHO, last payment, ex-date Dec 30, 2025: $2.5822, as of Dec 30, 2025.
- KPHO, net assets: $11m (issuer page, as of Nov 11, 2026).

## KPHO over each window to Nov 12, 2026

| Window | Total return | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | +1.2% | −2.7% |
| 3 months | −2.7% | −2.4% |
| 6 months | −9.3% | +1.7% |
| Year to date | −10.2% | +11.9% |
| Since launch | −2.6% | +11.8% |

## KPHO key stats

- High since Dec 4, 2025, daily closes to Nov 12, 2026: $26.29 on Feb 20, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Dec 4, 2025, daily closes to Nov 12, 2026: $20.65 on Jul 27, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $22.30, 29% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 38
- Top ten weight: 70.4%

## KPHO trading

- Not scored.
- $1,000: about $0.90, 0.09%, one way.
- $10,000: about $9.00, 0.09%, one way.
- Premium to NAV at the Nov 11 close: −0.66%; 95% of days within ±0.66%.
- Limit: midpoint + 3¢ to buy, midpoint − 3¢ to sell. At the Nov 11 close of $22.41, that’s $22.44 to buy and $22.38 to sell.
- The full trading page: https://etfiq.com/funds/kpho/trading/

## KPHO for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- KPHO interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | Dragon Capital MerQube Vietnam Growth Index | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · Single country or narrow region | ETFIQ |
| Region | Single country | ETFIQ |
| Expense ratio | 1.02% | 497 XBRL, Jul 31, 2026 |
| Price | $22.30 | ETFIQ |
| First traded | Dec 4, 2025 | ETFIQ |
| Net assets | $11m | issuer page, as of Nov 11, 2026 |
| Benchmark | Its own holdings, as of Nov 11, 2026; no other fund tracks the Dragon Capital MerQube Vietnam Growth Index, the index its prospectus names | ETFIQ, from its filings |
| Stated benchmark | Dragon Capital MerQube Vietnam Growth Index (from its prospectus). KPHO is the only ETF ETFIQ covers that tracks it. | ETFIQ |
| Below its high | −15.2% | ETFIQ |
| Holdings | 38 | ETFIQ |
| Top ten weight | 70.4% | ETFIQ |
| Cash, not in the top ten | 0.1% | ETFIQ |
| Holdings published for | Nov 11, 2026 | the issuer’s daily file |
| Holdings as of the close of | Nov 11, 2026 | the issuer’s daily file |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |
| Promise check | Not measured. No other ETF tracks the index it names, so its tracking cannot be measured. | ETFIQ |

## Questions

### What does KPHO cost?

The prospectus expense ratio is 1.02% a year.

### What does KPHO hold?

38 positions as published by its issuer for Nov 11, 2026, with the top ten at 70.4% of the fund. 0% of its weight is in stocks the S&P 500 also holds.

### How far is KPHO below its high?

15.2% below its high of Feb 20, 2026, measured on the reinvested series to Nov 12, 2026.


## Cite this page

ETFIQ, KPHO, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/kpho
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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