KraneShares Global Luxury Index ETF
KLXY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 280 Park Avenue, 32nd Floor New York NY United States of America 10017
- IPO Date
- Sep 7, 2023
- Similar Companies
- Business
- KraneShares Global Luxury Index ETF (KLXY) is an exchange-traded fund that seeks to track the performance of the Solactive Global Luxury Select Index before fees and expenses. The fund provides investors with exposure to leading developed market companies, weighted by market capitalization, that derive significant revenue from global luxury-related sectors, including leather goods and handbags, jewelry and watches, accessories, skincare and cosmetics, premium beverages, travel and leisure, and supercar manufacturing; top holdings include LVMH Moët Hennessy - Louis Vuitton SE (10.01%), Compagnie Financière Richemont SA (9.26%), L'Oréal SA (8.08%), EssilorLuxottica Société Anonyme (5.89%), and Hermès International SCA (5.87%). KLXY invests in growth and value stocks across diversified market capitalizations within the consumer discretionary sector, focusing on high-barrier-to-entry businesses noted for resilient pricing power and strong profitability. The fund operates globally with primary exposure to companies headquartered in France, Switzerland, Italy, the United Kingdom, Japan, and the United States. Launched on September 6, 2023, and listed on the New York Stock Exchange, KLXY is issued by KraneShares Trust and managed by Krane Funds Advisors, LLC, a specialist asset manager founded in 2013 and headquartered at 280 Park Avenue, 32nd Floor, New York, NY 10017, with additional offices in San Francisco, California, and London, United Kingdom. In recent developments, Krane Funds Advisors has expanded its strategic initiatives, including a November 2025 collaboration with Tether's Hadron platform and Bitfinex Securities to develop tokenized exchange-traded products bridging traditional finance and blockchain infrastructure; a July 2025 partnership with BlackRock to offer financial advisors model portfolio solutions incorporating KraneShares' thematic ETFs; and October 2025 approvals for two pre-IPO private funds on Schwab and Fidelity platforms, providing access to companies such as ByteDance, Anthropic, and xAI.