FXI vs KWEB: Holdings Overlap
FXIiShares China Large-Cap ETF
iShares · 52 holdings · $4.3B · as of 2026-04-30
KWEBKraneShares CSI China Internet ETF
KraneShares · 31 holdings · $5.7B · as of 2026-03-31
Holdings snapshots are 30 days apart (FXI: 2026-04-30, KWEB: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FXI and KWEB?
iShares China Large-Cap ETF (FXI, by iShares) holds 52 positions; KraneShares CSI China Internet ETF (KWEB, by KraneShares) holds 31. They have 8 holdings in common, and by portfolio weight the two funds are 34.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8FXI holds 52 · KWEB holds 31
- Weight in Shared Holdings
- FXI 35%·KWEB 48%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FXI
44 of 52 positions (65.4% of the fund) are not held by KWEB. Showing the top 30 by weight.
Sector Breakdown
| Sector | FXI | KWEB |
|---|---|---|
| Consumer Discretionary | 25.4% | 39.5% |
| Financials | 31.0% | 0.0% |
| Communication Services | 15.4% | 29.3% |
| Energy | 5.6% | 0.0% |
| Information Technology | 5.4% | 0.0% |
| Other Sectors | 8.8% | 11.9% |
| Unclassified | 8.3% | 19.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (8% of FXI, 19% of KWEB).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FXI | +11.3% | -4.8% | -2.4% | +10.4% | +0.1% | +2.5% | 1.88% |
| KWEB | +12.3% | -15.8% | -15.2% | +2.0% | -6.7% | +0.1% | 7.31% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FXI vs KWEB →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by 9988, 700 and 3690.
 9988Alibaba Group Holding Ltd | 8.66% | 8.93% | 8.66% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 7.72% | 10.09% | 7.72% |
 3690Meituan, B Shares | 4.79% | 7.36% | 4.79% |
 9999NetEase Inc | 3.56% | 5.91% | 3.56% |
 9618JD.com Inc | 3.00% | 4.91% | 3.00% |
 9888Baidu, Inc., A Shares | 2.83% | 4.28% | 2.83% |
 9961Trip.com Group Ltd | 2.69% | 3.56% | 2.69% |
 1024Kuaishou Technology | 1.31% | 3.33% | 1.31% |
Frequently Asked Questions
How much do FXI and KWEB overlap?
FXI and KWEB overlap by 34.6% of portfolio weight. They share 8 holdings (FXI holds 52 positions and KWEB holds 31), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FXI and KWEB?
The two portfolios are 34.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FXI and KWEB?
The largest positions held by both funds are 9988, 700, 3690, 9999 and 9618. Together the top 8 shared positions account for 100% of the total overlap.
What does FXI own that KWEB doesn't?
44 positions (65.4% of FXI) are unique to FXI, led by C6T, ICK and 1810. In the other direction, 23 positions (51.5% of KWEB) are unique to KWEB.