KWEBKraneShares CSI China Internet ETF
International & Global ETF · KraneShares
Holdings as of Mar 31, 2026
KWEB is an International & Global ETF from KraneShares holding 31 positions as of Mar 31, 2026, with $5.7B in assets and a 0.7% net expense ratio. Its largest positions are 700 (10.1%), 9988 (8.9%) and PDD (8.8%); the top 10 holdings account for 62.2% of the portfolio. By sector it leans Consumer Discretionary (39.5%) and Communication Services (29.3%). It yields 7.31% on a trailing-12-month basis.
- Issuer
- KraneShares
- Holdings
- 312.7% cash, collateral & derivative positions excluded
- Net Assets
- $5.7BETF assets as of 2026-08-10
- Expense Ratio
- 0.7%per latest SEC prospectus filing
- TTM Yield
- 7.31%trailing 12-month distributions
Performance
- 1M
- +12.3%
- YTD
- -15.8%
- 1Y
- -15.2%
- 3Y (ann.)
- +2.0%
- 5Y (ann.)
- -6.7%
- 10Y (ann.)
- +0.1%
A $10,000 investment 10 years ago would be worth $10,131 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Consumer Discretionary | 39.5% |
|---|---|
| Communication Services | 29.3% |
| Real Estate | 4.3% |
| Consumer Staples | 4.0% |
| Industrials | 3.6% |
| Other Sectors | 0.0% |
| Unclassified | 19.2% |
We could not classify 19% of portfolio weight. It is shown separately as “Unclassified”, not lumped into a sector.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  700Tencent Holdings Ltd. | 10.09% |
| 2 |  9988Alibaba Group Holding Ltd | 8.93% |
| 3 |  PDDPDD Holdings Inc. SPONSORED ADS | 8.78% |
| 4 |  3690Meituan, B Shares | 7.36% |
| 5 |  9999NetEase Inc | 5.91% |
| 6 |  9618JD.com Inc | 4.91% |
| 7 |  2423KE Holdings Inc | 4.34% |
| 8 |  9888Baidu, Inc., A Shares | 4.28% |
| 9 |  6618JD Health International Inc | 4.01% |
| 10 |  YMMFull Truck Alliance Co Ltd | 3.59% |
| 11 |  9961Trip.com Group Ltd | 3.56% |
| 12 |  1024Kuaishou Technology | 3.33% |
| 13 |  TALTAL Education Group | 3.24% |
| 14 |  9626Bilibili Inc., Z Shares | 3.17% |
| 15 |  BZKanzhun Ltd | 2.86% |
| 16 |  VIPSVipshop Holdings Ltd | 2.70% |
| 17 |  TMETencent Music Entertainment Group SPON ADS | 2.50% |
| 18 |  241Alibaba Health Information Technology Ltd | 2.23% |
| 19 |  780Tongcheng Travel Holdings Ltd | 1.90% |
| 20 |  3888Kingsoft Corp. Ltd. | 1.82% |
| 21 |  2400XD Inc | 1.34% |
| 22 |  1797East Buy Holding Ltd | 1.12% |
| 23 |  6060ZhongAn Online P&C Insurance Co Ltd | 1.10% |
| 24 |  9899NetEase Cloud Music Inc | 1.06% |
| 25 |  JOYYJOYY Inc. ADS REPSTG COM A | 1.04% |
Showing the top 25 of 31 holdings. See the full KWEB holdings list →
KWEB alternatives
The closest International & Global ETFs to KWEB by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 CQQQInvesco China Technology ETF | 38% | 0.65%cheaper | $3.2B | Compare → |
 FXIiShares China Large-Cap ETF | 35% | 0.73%pricier | $4.3B | Compare → |
 MCHIiShares MSCI China ETF | 31% | 0.59%cheaper | $6.3B | Compare → |
 AAXJiShares MSCI All Country Asia ex Japan ETF | 10% | 0.72%pricier | $3.8B | Compare → |
 VWOVanguard Emerging Markets Stock Index Fund | 9% | 0.06%cheaper | $124.9B | Compare → |
 SCHESchwab Emerging Markets Equity ETF | 9% | 0.07%cheaper | $12.7B | Compare → |
 SPEMState Street® SPDR® Portfolio Emerging Markets ETF | 8% | 0.07%cheaper | $17.4B | Compare → |
 EEMiShares MSCI Emerging Markets ETF | 7% | 0.72%pricier | $30.2B | Compare → |
Frequently Asked Questions
What is KWEB's expense ratio?
KWEB has a net expense ratio of 0.7%, per its latest SEC prospectus filing. That works out to about $70 a year on a $10,000 investment.
How many holdings does KWEB have?
KWEB held 31 positions as of Mar 31, 2026, per its latest official holdings data. Cash, collateral and derivative positions (2.7% of portfolio weight) are excluded from that count.
What are KWEB's top 10 holdings?
KWEB's largest positions are 700 (10.1%), 9988 (8.9%), PDD (8.8%), 3690 (7.4%), 9999 (5.9%), 9618 (4.9%), 2423 (4.3%), 9888 (4.3%), 6618 (4.0%), YMM (3.6%). Together they account for 62.2% of the portfolio.
What is KWEB's dividend yield?
KWEB yields 7.31% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is KWEB?
KWEB has $5.7B in assets as of Aug 10, 2026.
What are good alternatives to KWEB?
By portfolio overlap, the closest International & Global ETFs to KWEB are CQQQ (38% overlap), FXI (35% overlap), MCHI (31% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.