Summary
KraneShares Photonic and Optical ETF is an ETF - a fund traded on an exchange like a stock - run by KraneShares. Positions inside: 29. The ten largest make up 57% of the fund.
- Yearly costs
- 1.00%
- Fund size
- $8.60M
- Positions
- 29
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 57% of the fund, so its result rests on a few names.
- Costs of 1.00% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $8.60M under management; small funds get closed more often.
- It trades little: only about $353.8K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -16%
- 3 months
- -5.9%
- Avg. market cap
- $43.5B
- P/E
- 55.3x
- Forward P/E
- 34.6x
- P/S
- 6.1x
- P/B
- 5.6x
- P/FCF
- 93.2x
- EV/EBITDA
- 33.8x
- Dividend yield
- 0.37%
- ROIC
- 10.9%
- ROE
- -7.0%
- Gross margin
- 39.1%
- Operating margin
- 14.5%
- Net margin
- -7.1%
- Payout ratio
- 20.5%
- Net debt/EBITDA
- -1.8x
- Beta
- 0.00
Weighted average of the 25 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 30LandMark Optoelectronics Corporation 3081.TWO 7.5%
- 2 LILumentum Holdings Inc. LITE 7.0%
- 3 SOSoitec S.A. SOI.PA 6.8%
- 4 MRMarvell MRVL 6.2%
- 5 MTMACOM MTSI 5.7%
- 6 COCoherent COHR 5.5%
- 7 AXAXT, Inc. AXTI 5.4%
- 8 TSTower Semiconductor Ltd. TSEM.TA 4.7%
- 9 AIXTRON SE 4.3%
- 10 64EZconn Corporation 6442.TW 4.3%
Positions in the fund: 29. The ten largest make up 57% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 48%
- China 7.9%
- France 6.8%
- Japan 5.8%
- Other countries 32%
By company size
- Large cap 61%
- Mid cap 35%
- Small cap 4.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 91% of the fund.
Largest country: United States (48%). Largest size group: Large cap (61%).
What does it cost me?
Expensive- A year from $10,000
- $100
- Over 20 years
- $4,622
From every $10,000 invested the fund takes $100 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,622.
How has it done?
- Deepest drop
- -24%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $353.8K
- Shares a day
- 16K
On an average day about $353.8K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 55.3
- Average Bulios Score
- 49 out of 100
Weight by Bulios Fair Price
- Undervalued 5.0%
- Fairly valued 0.0%
- Overvalued 95%
On average the companies inside trade for 55.3 times their yearly profit. By Fair Price, 95% of the rated weight comes out as overvalued.
Counted from its largest companies (25), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PH PHOX Aura AI Photonics ETF | United States | 0.60% | $1.36M | - | - | 31% |
LA LAZR Luminar Technologies, Inc. | United States | 0.75% | $728.2K | +1,777% | - | 30% |
EU EUV Corgi Lithography & Semiconductor Photonics ETF | United States | 0.35% | $379.8M | - | - | 27% |
LY LYTE Roundhill Photonics & Optics ETF | United States | 0.65% | $144.3M | - | - | 26% |
