KraneShares CSI China Internet ETF
$24.88−0.49 (−1.95%)
- Expense ratio
- 0.69%
- Fund size
- $4.8B
- 1Y return
- −35.1%
- Yield · Last 12 months
- 8.26%
- Holdings
- 30
- Volume · 30D
- 21.4M sh
- NAV per share
- $25.37
- 52W range
The ETF.net KWEB Grade
Score 45 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 41Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 14Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 80Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
Our read on KWEB
CChina's internet giants, undiluted: roughly 30 offshore-listed names instead of a whole-market basket. Live since 2013, KWEB is the ticker traders reach for when they want to express a view on China tech.
The Fund seeks to track, before fees and expenses, the performance of the CSI Overseas China Internet Index, which covers publicly traded China-based companies focused primarily on internet and internet-related businesses.
Why people hold it
- Tracks the CSI Overseas China Internet Index: about 30 China-based internet companies listed in Hong Kong, on NASDAQ or the NYSE. A sector bet, not a country bet.kraneshares.com
- Among the most actively traded funds in the China group, with an options market deep enough that KraneShares runs a covered-call fund written on KWEB itself.kraneshares.com
- At 0.69% a year, the fee sits right at the median for its China peer group despite the narrow single-theme mandate.
- Trading since 2013 and now a multi-billion-dollar fund: a long operating history for a single-country thematic product.
Worth knowing
- About 30 stocks, one sector, one country. That concentration cuts both ways, and price swings run large next to broad China funds.
- The index covers offshore listings only (Hong Kong, NASDAQ, NYSE), so mainland-listed A-share internet names sit outside the portfolio.kraneshares.com
- Whole-market China exposure is cheaper: FLCH charges 0.19% and MCHI 0.59%, both spanning the full market rather than one theme.
KWEB Holdings
- Stocks
- 30
- 62%
- 0700.HK
Sectors
- Consumer Discr.33.8%
- Technology27.2%
- Communication26.8%
- Real Estate4.2%
- Health Care3.9%
- Cons. Staples2.3%
- Financials1.0%
- Industrials0.7%
Geography
- China77.10%
- Hong Kong10.15%
- Ireland8.19%
- Singapore4.55%
- United States0.01%
Developed 23% · Emerging 77%
KWEB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
KWEB$6,491
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KWEB |
|---|---|
| Year to date | −25.5% |
| 1 month | −4.8% |
| 3 months | +1.3% |
| 1 year | −35.1% |
| 3 years | +0.9% |
| 5 years | −8.9% |
| 10 years | −2.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KWEB |
|---|---|---|
| 2026 YTD | −25.5% | |
| 2025 | +23.5% | |
| 2024 | +11.9% | |
| 2023 | −9.0% | |
| 2022 | −17.2% | |
| 2021 | −48.9% | |
| 2020 | +58.2% |
KWEB in the news
KWEB Dividends
- 8.26%
- $2.10
- $2.10 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 22, 2025 | Dec 23, 2025 | $2.10 |
| Dec 17, 2024 | Dec 18, 2024 | $1.02 |
| Dec 27, 2023 | Dec 29, 2023 | $0.04 |
| Dec 18, 2023 | Dec 20, 2023 | $0.42 |
| Dec 29, 2021 | Dec 31, 2021 | $2.58 |
| Dec 29, 2020 | Dec 31, 2020 | $0.22 |
| Dec 27, 2019 | Dec 31, 2019 | $0.04 |
| Dec 26, 2018 | Dec 28, 2018 | $1.27 |
| Dec 19, 2017 | Dec 22, 2017 | $0.34 |
| Dec 20, 2016 | Dec 23, 2016 | $0.41 |
| Dec 28, 2015 | Dec 31, 2015 | $0.06 |
| Jun 25, 2015 | Data unavailable | $0.12 |
KWEB Risk
- 30.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.003
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −63.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KWEB Cost
0.69%
KWEB0.69%
- The middle half of China funds
- Median 0.65%
15 of the 28 China funds charge less.