KLXY Stock Summary and Trading Ideas (Kraneshares Trust Kraneshares Global Luxury Index ETF | ARCA:KLXY)

KLXY provides exposure to leading developed markets companies from global luxury-related sectors weighted by market capitalization. These companies operate across industries, including leather goods, jewelry, accessories, skincare, cosmetics, beverages, travel, and supercar businesses. Invested in over 40 of the top global luxury companies by market capitalization, including companies such as LVMH, Hermes, Ferrari, and Pernod Ricard.

Kraneshares Trust Kraneshares Global Luxury Index ETF trades on the ARCA stock market under the symbol KLXY.

As of January 31, 2025, KLXY stock price declined to $26.10 with 9,556 million shares trading.

KLXY has a beta of 0.68, meaning it tends to be less sensitive to market movements. KLXY has a correlation of 0.17 to the broad based SPY ETF.

KLXY has a market cap of $3.26 million. This is considered a Sub-Micro Cap stock.

KLXY has underperformed the market in the last year with a return of +4.0%, while SPY returned +23.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KLXY shares. However, KLXY has outperformed the market in the last 3 month and 2 week periods, returning +12.6% and +6.6%, while SPY returned +4.0% and +1.6%, respectively. This indicates KLXY has been having a stronger performance recently.

KLXY support price is $26.02 and resistance is $26.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KLXY shares will trade within this expected range on the day.