KWEB vs VSS: Holdings Overlap
KWEBKraneShares CSI China Internet ETF
KraneShares · 31 holdings · $5.7B · as of 2026-03-31
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (KWEB: 2026-03-31, VSS: 2026-04-30). 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 KWEB and VSS?
KraneShares CSI China Internet ETF (KWEB, by KraneShares) holds 31 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 1 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1KWEB holds 31 · VSS holds 4810
- Weight in Shared Holdings
- KWEB 1%·VSS 0%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 KWEB
30 of 31 positions (98.5% of the fund) are not held by VSS.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| KWEB | +12.3% | -15.8% | -15.2% | +2.0% | -6.7% | +0.1% | 7.31% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 KWEB vs VSS →
Shared Holdings(1)
 2400XD Inc | 1.34% | 0.06% | 0.06% |
|---|
Frequently Asked Questions
How much do KWEB and VSS overlap?
KWEB and VSS overlap by 0.1% of portfolio weight. They share 1 holdings (KWEB holds 31 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KWEB and VSS?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of KWEB and VSS?
The largest positions held by both funds are 2400. Together the top 1 shared positions account for 98% of the total overlap.
What does KWEB own that VSS doesn't?
30 positions (98.5% of KWEB) are unique to KWEB, led by 700, 9988 and PDD. In the other direction, 4809 positions (99.0% of VSS) are unique to VSS.