OBOR Alternatives & Similar ETFs

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 108 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
SPEM	SPDR Portfolio Emerging Markets ETF	0.07%	16.81B	Mar 2007	OBOR vs SPEM
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	258.70M	Sep 2025	OBOR vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	163.30B	Mar 2005	OBOR vs VWO
IEMG	iShares Core MSCI Emerging Markets ETF	0.09%	152.22B	Oct 2012	OBOR vs IEMG
BKEM	BNY Mellon Emerging Markets Equity ETF	0.11%	89.24M	Apr 2020	OBOR vs BKEM

Best Risk-Adjusted Alternatives to OBOR

OBOR has a PortfoliosLab risk / return rank of 29. There are 98 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	91	658.42M	Sep 2024	OBOR vs EMEQ
GEME	Pacific North of South Global Emerging Markets Equ...	90	366.05M	Jan 2025	OBOR vs GEME
EVLU	iShares MSCI Emerging Markets Value Factor ETF	90	—	Sep 2024	OBOR vs EVLU
EMDM	First Trust Bloomberg Emerging Market Democracies ...	90	38.85M	Mar 2023	OBOR vs EMDM
FTHF	First Trust Emerging Markets Human Flourishing ETF	87	123.28M	Oct 2023	OBOR vs FTHF

Top Performing OBOR Alternatives (YTD)

OBOR is at 0.11% YTD. There are 109 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 53.76%.

Symbol	Name	YTD Return	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	53.76%	658.42M	Sep 2024	OBOR vs EMEQ
FTHF	First Trust Emerging Markets Human Flourishing ETF	34.68%	123.28M	Oct 2023	OBOR vs FTHF
STXE	Strive Emerging Markets Ex-China ETF	31.48%	139.63M	Jan 2023	OBOR vs STXE
EMSF	Matthews Emerging Markets Sustainable Future Activ...	30.73%	43.26M	Sep 2023	OBOR vs EMSF
GEME	Pacific North of South Global Emerging Markets Equ...	29.70%	366.05M	Jan 2025	OBOR vs GEME

Lowest Volatility Alternatives to OBOR

OBOR has 17.10% 1-year volatility. There are 25 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.64%.

Symbol	Name	Volatility 1Y	AUM	Inception
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	8.64%	144.99M	Jan 2020	OBOR vs EJAN
TJUN	FT Vest Emerging Markets Buffer ETF - June	10.70%	—	Jun 2025	OBOR vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	11.07%	10.25M	Dec 2024	OBOR vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.68%	7.35M	Jan 2016	OBOR vs EMDV
RNEM	First Trust Emerging Markets Equity Select ETF	12.51%	17.22M	Jun 2017	OBOR vs RNEM

Lowest Drawdown Alternatives to OBOR

OBOR has a 1-year max drawdown of -14.95%. There are 76 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.63%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	-6.63%	144.99M	Jan 2020	OBOR vs EJAN
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.35M	Jan 2016	OBOR vs EMDV
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	3.87B	Jul 2007	OBOR vs DEM
TDEC	FT Vest Emerging Markets Buffer ETF - December	-8.16%	10.25M	Dec 2024	OBOR vs TDEC
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	-8.35%	217.49M	May 2019	OBOR vs ECOW

Other ETFs from CICC

The 9 most viewed CICC ETFs shown here include KRBN, KBA, KEMX and span 7 categories. AUM among these funds goes as high as $272M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KRBN	KraneShares Global Carbon ETF	Commodities	26	-4.66%	129.58M	Jul 2020	OBOR vs KRBN
KBA	KraneShares Bosera MSCI China A Share ETF	China Equities, Asia Pacific Equities	76	7.15%	145.96M	Mar 2014	OBOR vs KBA
KEMX	KraneShares MSCI Emerging Markets ex China Index E...	Emerging Markets Equities	83	29.19%	127.80M	Apr 2019	OBOR vs KEMX
IVOL	Quadratic Interest Rate Volatility & Inflation Hed...	Inflation-Protected Bonds	3	-7.33%	272.07M	May 2019	OBOR vs IVOL
KGRN	KraneShares MSCI China Clean Technology Index ETF	China Equities, Asia Pacific Equities	6	-9.74%	55.22M	Oct 2017	OBOR vs KGRN
KEMQ	KraneShares Emerging Markets Consumer Technology I...	Emerging Markets Equities	27	2.80%	25.45M	Oct 2017	OBOR vs KEMQ
KURE	KraneShares MSCI All China Health Care Index ETF	China Equities, Asia Pacific Equities	7	1.41%	99.05M	Feb 2018	OBOR vs KURE
KVLE	KFA Value Liner Dynamic Core Equity Index ETF	Large Cap Value Equities	62	12.13%	41.08M	Nov 2020	OBOR vs KVLE
KBND	KraneShares Bloomberg China Bond Inclusion Index E...	International Government Bonds	—	—	3.13M	Dec 2014	OBOR vs KBND

Often Compared With OBOR

Investors most often compare OBOR with KTEC, FIWGX, NBIS. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KTEC	KraneShares Hang Seng TECH Index ETF	China Equities, Asia Pacific Equities	6	-12.58%	59.14M	Jun 2021	OBOR vs KTEC
FIWGX	Strategic Advisers Fidelity Core Income Fund	Intermediate Core-Plus Bond	24	-0.81%	—	Oct 2018	OBOR vs FIWGX
NBIS	Nebius Group N.V.		92	127.48%	—	—	OBOR vs NBIS
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	91	17.41%	20.40B	Feb 2016	OBOR vs VYMI
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	56	14.41%	56.42M	Dec 2018	OBOR vs EMCR
QAT	iShares MSCI Qatar ETF	Emerging Markets Equities	4	-4.44%	62.71M	Apr 2014	OBOR vs QAT
FXI	iShares China Large-Cap ETF	China Equities, Asia Pacific Equities	10	-3.96%	4.34B	Oct 2004	OBOR vs FXI
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	72	19.15%	52.79M	Jun 2014	OBOR vs QEMM
EDIV	SPDR S&P Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	41	7.94%	1.21B	Feb 2011	OBOR vs EDIV
TUR	iShares MSCI Turkey ETF	Emerging Markets Equities	27	11.93%	209.04M	Mar 2008	OBOR vs TUR
ROAM	Hartford Multifactor Emerging Markets ETF	Emerging Markets Equities	78	16.88%	106.24M	Feb 2015	OBOR vs ROAM
KLIP	KraneShares China Internet and Covered Call Strate...	China Equities, Derivative Income, Options Trading, Actively Managed	7	-7.10%	101.35M	Jan 2023	OBOR vs KLIP
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	83	13.99%	45.23M	Mar 2015	OBOR vs SDEM
DVYE	iShares Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	75	12.15%	1.22B	Feb 2012	OBOR vs DVYE
PIE	Invesco DWA Emerging Markets Momentum ETF	Momentum, Emerging Markets Equities	71	27.02%	228.29M	Dec 2007	OBOR vs PIE
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	61	8.42%	389.42M	Jan 2015	OBOR vs JPEM
EMIF	iShares Emerging Markets Infrastructure ETF	Infrastructure Equities, Emerging Markets Equities	35	0.44%	13.22M	Jun 2009	OBOR vs EMIF
CAOS	Alpha Architect Tail Risk ETF	Options Trading	56	0.76%	709.87M	Aug 2013	OBOR vs CAOS
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	71	21.20%	1.96B	Jun 2025	OBOR vs EMOP
EMXC	iShares MSCI Emerging Markets ex China ETF	Emerging Markets Equities	78	27.50%	23.65B	Jul 2017	OBOR vs EMXC

Compare OBOR with Any Fund or Stock

Compare OBOR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

KraneShares MSCI One Belt One Road Index ETF (OBOR) Alternatives