KraneShares Global Humanoid and Embodied Intelligence Index ETF(NASDAQ:KOID)

KOID is a passively managed ETF that invests in companies identified as being engaged in humanoid and embodied intelligence-related business. The fund focuses on company characteristics meeting its theme, referring to AI in physical machines that can sense, learn, and interact with the environment through sensors or other similar systems.Securities from both developed and emerging meeting market-cap and liquidity requirements are considered. The fund then employs a proprietary model to score the exposure of securities to its theme based on company documents, publications, news items, and other sources. The exposure score measures companies on key categories, including the design and manufacture of humanoid robots and the supply chains that provide key components to these machines. The fund selects 50 securities that are then equally weighted. The index is rebalanced quarterly.