KraneShares CSI China Internet ETF KWEB
- Expense Ratio (TER) 0.70% · Fair — moderate costs
- AUM (Fund Size) 4.91B · Large — good liquidity & low tracking error
- Distribution Yield 8.61% · Strong income distribution
- Diversification 10 holdings · Top-10 = 60.1% — concentrated, higher single-stock risk
- Long-Term Track Record 3Y avg -0.1%/yr · 5Y avg -13.1%/yr
- Annual Volatility 27.5% · High
- Worst 1-Year Drawdown -41.6% · Significant — prepare for deep dips
- Risk-Adjusted Return Sharpe -0.63 · Poor — high risk, low reward
Auto-generated from fund data and price history. Not investment advice — verify with the fund issuer's factsheet before investing.
About This Fund
The fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The index is designed to measure the equity market performance of investable publicly traded "China-based companies" whose primary business or businesses are in the Internet and Internet-related sectors, and are listed outside of Mainland China, as determined by the index provider. The fund is non-diversified.
Investment Strategy & Highlights
- Theme: Tracks China Tech.
- Category: Greater China Region · managed by KraneShares.
- Diversification: 10 top holdings reported; the top 10 positions account for 60.1% of the portfolio.
- Largest position: Tencent Holdings Ltd (0700.HK) at 10.46%.
- Top sector: Communication Services at 46.2% of holdings.
- Geographic exposure: Hong Kong (48.0%), United States (12.1%) .
- Cost: Expense ratio of 0.70% — moderate for this category.
- Income: Distributes a yield of approximately 8.61%.
- Track record: 3Y avg -0.06% · 5Y avg -13.13% per year.
- Trading: Listed on PCX, denominated in USD.
Geographic Allocation
| Country / Region | Weight % |
|---|---|
| Hong Kong | 48.05% |
| United States | 12.09% |
Inferred from the listing exchange of each top holding; the underlying fund may invest beyond the holdings shown here.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Mildly bearish (50/200 in downtrend)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
No notable strengths flagged.
CONS
- Large 1-year drawdown (-41.6%).
- Overbought short-term (RSI 77).
* The pros and cons are auto-generated from fund metrics.
Price Chart
🔄 Similar Funds to Compare
This fund is in the Greater China Region category. Compare with other funds in the same category on the Funds & ETFs page to find the best fit for your strategy.
- Compare expense ratios — lower TER saves money
- Check 1Y/3Y/5Y returns — consistency matters
- Review AUM — larger funds have better liquidity
- Look at holdings overlap — avoid duplication
Top Holdings (10)
| # | Symbol / CUSIP | Name | Weight % |
|---|---|---|---|
| 1 | 0700.HK | Tencent Holdings Ltd | +10.46% |
| 2 | PDD | PDD Holdings Inc ADR | +7.93% |
| 3 | 9988.HK | Alibaba Group Holding Ltd Ordinary Shares | +7.71% |
| 4 | 9999.HK | NetEase Inc Ordinary Shares | +6.98% |
| 5 | 3690.HK | Meituan Class B | +6.84% |
| 6 | 9888.HK | Baidu Inc | +4.20% |
| 7 | YMM | Full Truck Alliance Co Ltd ADR | +4.16% |
| 8 | 1024.HK | Kuaishou Technology Ordinary Shares - Class B | +4.08% |
| 9 | 2423.HK | KE Holdings Inc Class A | +3.90% |
| 10 | 9618.HK | JD.com Inc Ordinary Shares - Class A | +3.88% |
Top holdings as reported by the fund issuer; full list of constituents may not be available.
Sector Allocation
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