KraneShares MSCI One Belt One Road Index ETF (OBOR) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OBOR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OBOR
OBOR charges 0.79% annually. There are 59 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 216.60M | Sep 2025 | OBOR vs VEXC | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 159.90B | Mar 2005 | OBOR vs VWO | |
| SPDR Portfolio Emerging Markets ETF | 0.11% | 17.83B | Mar 2007 | OBOR vs SPEM | |
| Schwab Emerging Markets Equity ETF | 0.11% | 12.74B | Jan 2010 | OBOR vs SCHE | |
| Xtrackers Emerging Markets Carbon Reduction and Cl... | 0.15% | 58.19M | Dec 2018 | OBOR vs EMCR |
Best Risk-Adjusted Alternatives to OBOR
OBOR has a PortfoliosLab risk / return rank of 42. There are 50 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pacific North of South Global Emerging Markets Equ... | 94 | 72.25M | Jan 2025 | OBOR vs GEME | |
| iShares MSCI Emerging Markets Value Factor ETF | 93 | — | Sep 2024 | OBOR vs EVLU | |
| Xtrackers MSCI Emerging Markets Hedged Equity ETF | 93 | 103.78M | Jun 2011 | OBOR vs DBEM | |
| iShares MSCI Emerging Markets ex China ETF | 92 | 24.61B | Jul 2017 | OBOR vs EMXC | |
| Hartford Multifactor Emerging Markets ETF | 92 | 119.41M | Feb 2015 | OBOR vs ROAM |
Top Performing OBOR Alternatives (YTD)
OBOR is at 4.26% YTD. There are 56 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 43.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Emerging Markets ex China ETF | 43.15% | 24.61B | Jul 2017 | OBOR vs EMXC | |
| Invesco S&P Emerging Markets Momentum ETF | 42.13% | 15.51M | Feb 2012 | OBOR vs EEMO | |
| Invesco DWA Emerging Markets Momentum ETF | 40.45% | 237.62M | Dec 2007 | OBOR vs PIE | |
| Pacific North of South Global Emerging Markets Equ... | 40.25% | 72.25M | Jan 2025 | OBOR vs GEME | |
| Columbia EM Core ex-China ETF | 40.07% | 1.98B | Sep 2015 | OBOR vs XCEM |
Lowest Volatility Alternatives to OBOR
OBOR has 16.05% 1-year volatility. There are 21 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 7.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | 7.55% | — | Jun 2025 | OBOR vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 10.08% | 10.25M | Dec 2024 | OBOR vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.10% | 7.35M | Jan 2016 | OBOR vs EMDV | |
| SPDR S&P Emerging Markets Dividend ETF | 12.11% | 1.25B | Feb 2011 | OBOR vs EDIV | |
| J.P. Morgan Diversified Return Emerging Markets Eq... | 12.89% | 390.16M | Jan 2015 | OBOR vs JPEM |
Lowest Drawdown Alternatives to OBOR
OBOR has a 1-year max drawdown of -10.47%. There are 17 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Emerging Markets Dividend ETF | -6.49% | 1.28B | Feb 2012 | OBOR vs DVYE | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.35M | Jan 2016 | OBOR vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.78B | Jul 2007 | OBOR vs DEM | |
| SPDR S&P Emerging Markets Small Cap ETF | -7.98% | 742.62M | May 2008 | OBOR vs EWX | |
| FT Vest Emerging Markets Buffer ETF - December | -8.16% | 10.25M | Dec 2024 | OBOR vs TDEC |
Other ETFs from CICC
The 10 most viewed CICC ETFs shown here include KWEB, KMLM, KRBN and span 7 categories. AUM among these funds goes as high as $6B.
Often Compared With OBOR
Investors most often compare OBOR with KTEC, FIWGX, VYMI. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare OBOR with Any Fund or Stock
Compare OBOR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OBOR with funds that move differently
KraneShares MSCI One Belt One Road Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OBOR.
Explore OBOR Diversifiers