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 70 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%	17.31B	Mar 2007	OBOR vs SPEM
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	235.70M	Sep 2025	OBOR vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	162.80B	Mar 2005	OBOR vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	12.63B	Jan 2010	OBOR vs SCHE
BKEM	BNY Mellon Emerging Markets Equity ETF	0.11%	86.15M	Apr 2020	OBOR vs BKEM

Best Risk-Adjusted Alternatives to OBOR

OBOR has a PortfoliosLab risk / return rank of 17. There are 62 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
GEME	Pacific North of South Global Emerging Markets Equ...	88	366.05M	Jan 2025	OBOR vs GEME
PIE	Invesco DWA Emerging Markets Momentum ETF	88	262.88M	Dec 2007	OBOR vs PIE
EVLU	iShares MSCI Emerging Markets Value Factor ETF	87	—	Sep 2024	OBOR vs EVLU
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	82	102.15M	Jun 2011	OBOR vs DBEM
EMXC	iShares MSCI Emerging Markets ex China ETF	79	24.99B	Jul 2017	OBOR vs EMXC

Top Performing OBOR Alternatives (YTD)

OBOR is at -3.61% YTD. There are 67 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 36.43%.

Symbol	Name	YTD Return	AUM	Inception
PIE	Invesco DWA Emerging Markets Momentum ETF	36.43%	262.88M	Dec 2007	OBOR vs PIE
EMXC	iShares MSCI Emerging Markets ex China ETF	30.46%	24.99B	Jul 2017	OBOR vs EMXC
GEME	Pacific North of South Global Emerging Markets Equ...	28.05%	366.05M	Jan 2025	OBOR vs GEME
XCEM	Columbia EM Core ex-China ETF	27.89%	1.97B	Sep 2015	OBOR vs XCEM
EVLU	iShares MSCI Emerging Markets Value Factor ETF	25.92%	—	Sep 2024	OBOR vs EVLU

Lowest Volatility Alternatives to OBOR

OBOR has 16.99% 1-year volatility. There are 23 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.57%.

Symbol	Name	Volatility 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	9.57%	—	Jun 2025	OBOR vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	10.79%	10.25M	Dec 2024	OBOR vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.50%	7.11M	Jan 2016	OBOR vs EMDV
RNEM	First Trust Emerging Markets Equity Select ETF	12.51%	16.78M	Jun 2017	OBOR vs RNEM
EDIV	SPDR S&P Emerging Markets Dividend ETF	12.79%	1.22B	Feb 2011	OBOR vs EDIV

Lowest Drawdown Alternatives to OBOR

OBOR has a 1-year max drawdown of -14.95%. There are 58 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	-6.72%	—	Jun 2025	OBOR vs TJUN
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.11M	Jan 2016	OBOR vs EMDV
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	3.91B	Jul 2007	OBOR vs DEM
EWX	SPDR S&P Emerging Markets Small Cap ETF	-7.98%	707.60M	May 2008	OBOR vs EWX
TDEC	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 KRBN, KLIP, KBA and span 9 categories. AUM among these funds goes as high as $276M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KRBN	KraneShares Global Carbon ETF	Commodities	22	-5.03%	138.02M	Jul 2020	OBOR vs KRBN
KLIP	KraneShares China Internet and Covered Call Strate...	Options Trading	6	-9.76%	102.50M	Jan 2023	OBOR vs KLIP
KBA	KraneShares Bosera MSCI China A Share ETF	China Equities, Asia Pacific Equities	73	6.54%	149.93M	Mar 2014	OBOR vs KBA
IVOL	Quadratic Interest Rate Volatility & Inflation Hed...	Inflation-Protected Bonds	2	-8.36%	275.91M	May 2019	OBOR vs IVOL
KEMX	KraneShares MSCI Emerging Markets ex China Index E...	Foreign Large Cap Equities	83	32.55%	130.54M	Apr 2019	OBOR vs KEMX
KGRN	KraneShares MSCI China Clean Technology Index ETF	China Equities, Asia Pacific Equities	5	-14.41%	52.83M	Oct 2017	OBOR vs KGRN
KEMQ	KraneShares Emerging Markets Consumer Technology I...	Emerging Markets Equities	27	3.56%	27.40M	Oct 2017	OBOR vs KEMQ
KURE	KraneShares MSCI All China Health Care Index ETF	China Equities, Asia Pacific Equities	10	-1.06%	79.56M	Feb 2018	OBOR vs KURE
KVLE	KFA Value Liner Dynamic Core Equity Index ETF	Large Cap Value Equities	50	11.91%	39.80M	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 9 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	5	-17.62%	56.66M	Jun 2021	OBOR vs KTEC
FIWGX	Strategic Advisers Fidelity Core Income Fund	Intermediate Core-Plus Bond	22	-0.16%	—	Oct 2018	OBOR vs FIWGX
NBIS	Nebius Group N.V.		96	151.49%	—	—	OBOR vs NBIS
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	81	13.44%	20.50B	Feb 2016	OBOR vs VYMI
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	57	15.90%	58.56M	Dec 2018	OBOR vs EMCR
QAT	iShares MSCI Qatar ETF	Emerging Markets Equities	8	-2.37%	65.85M	Apr 2014	OBOR vs QAT
FXI	iShares China Large-Cap ETF	China Equities, Asia Pacific Equities	6	-12.01%	4.41B	Oct 2004	OBOR vs FXI
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	61	18.86%	54.57M	Jun 2014	OBOR vs QEMM
TUR	iShares MSCI Turkey ETF	Emerging Markets Equities	26	12.38%	204.17M	Mar 2008	OBOR vs TUR
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	74	10.62%	213.27M	May 2019	OBOR vs ECOW
ROAM	Hartford Multifactor Emerging Markets ETF	Emerging Markets Equities	79	19.49%	109.30M	Feb 2015	OBOR vs ROAM
DVYE	iShares Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	47	7.73%	1.20B	Feb 2012	OBOR vs DVYE
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	67	10.92%	44.20M	Mar 2015	OBOR vs SDEM
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	27	-1.12%	13.17M	Jun 2009	OBOR vs EMIF
CAOS	Alpha Architect Tail Risk ETF	Options Trading	48	0.73%	668.40M	Aug 2013	OBOR vs CAOS
KWEB	KraneShares CSI China Internet ETF	China Equities, Asia Pacific Equities	5	-22.97%	5.22B	Jul 2013	OBOR vs KWEB
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	42	5.31%	383.52M	Jan 2015	OBOR vs JPEM
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	71	22.87%	2.10B	Jun 2025	OBOR vs EMOP
KMLM	KFA Mount Lucas Index Strategy ETF	Systematic Trend	34	10.56%	318.74M	Dec 2020	OBOR vs KMLM
BPH	BP p.l.c. ADRhedged ETF	Energy Equities	—	—	2.19M	Jan 2025	OBOR vs BPH

Compare OBOR with Any Fund or Stock

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

Symbol name

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