ATLASKraneShares CSI China Internet ETF (KWEB): outlook, holdings and fees
KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund and is managed by KraneShares. The expense ratio is 0.68% and the yield is 8.08%. The ten largest holdings are 62% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on KWEB
| Last price | $23.43 (+3.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $22.40 – $24.64 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 8.08% · annual |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
KWEB fund facts
| Issuer | KraneShares |
|---|---|
| Theme | Technology & innovation |
| Assets under management | $4.5B |
| Expense ratio | 0.68% |
| Number of holdings | 40 |
| Portfolio turnover | 57% |
| Inception | Jul 31, 2013 |
| Exchange | NYSE |
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.
KWEB top holdings
| Holding | Sector | Weight |
|---|---|---|
| Tencent Holdings Ltd 0700 | Communication Services | 10.20% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 8.99% |
| PDD Holdings Inc. PDD | Consumer Cyclical | 8.07% |
| Meituan 3690 | Consumer Cyclical | 6.86% |
| NetEase Inc 9999 | Communication Services | 6.89% |
| Lenovo Group 0992 | Technology | 5.91% |
| Ke Holdings Inc 2423 | Real Estate | 4.46% |
| Jd Com Inc 9618 | Consumer Cyclical | 3.79% |
| Trip.com Group Ltd 9961 | Consumer Cyclical | 3.31% |
| Baidu Inc 9888 | Communication Services | 3.07% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
KWEB sector breakdown
| Sector | Weight |
|---|---|
| Communication Services | 37.0% |
| Consumer Cyclicals | 34.4% |
| Technology | 16.4% |
| Real Estate | 4.4% |
| Healthcare | 3.7% |
| Consumer Defensive | 3.2% |
| Financial Services | 0.9% |
By region: Asia Emerging 98.9%, Asia Developed 1.1%.
KWEB returns and risk
| Year to date | -27.6% |
|---|---|
| 1 year | -35.1% |
| 3 years (annualised) | +0.3% |
| 5 years (annualised) | -9.7% |
| 10 years (annualised) | -2.7% |
| Volatility (3 years) | 33.4% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
KWEB: frequently asked questions
What does KWEB invest in?
KraneShares CSI China Internet ETF invests in a portfolio of securities. Its largest holdings are Tencent Holdings Ltd (10.2%), Alibaba Group Holding Ltd (9.0%), PDD Holdings Inc. (8.1%), Meituan (6.9%), NetEase Inc (6.9%).
What is the KWEB expense ratio?
0.68% a year: about $68.00 for every $10,000 invested.
What is the KWEB dividend yield?
8.08%, paid annual. ATLAS does not hold the exact distribution dates for ETFs.
Will KWEB go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $22.40 to $24.64 from $23.43 today. It is a probability, not a prediction.
How has KWEB performed?
Year to date -27.6%, one year -35.1%, three years +0.3% a year, five years -9.7% a year. Past returns do not guarantee future results.
Similar ETFs: Technology & innovation
- Vanguard Information Technology ETF (VGT)
- State Street Technology Select Sector SPDR ETF (XLK)
- iShares U.S. Technology ETF (IYW)
- Fidelity MSCI Information Technology Index ETF (FTEC)
- First Trust Nasdaq Cybersecurity ETF (CIBR)
- iShares Expanded Tech-Software Sector ETF (IGV)
- iShares A.I. Innovation and Tech Active ETF (BAI)
- iShares Expanded Tech Sector ETF (IGM)
Educational information, not investment advice. Disclaimer