KraneShares CSI China Internet ETF
Global stock index ETF · tracks CSI Overseas China Internet Index
As of its 2026 Q2 report, KraneShares CSI China Internet ETF held 34 positions with $4.91B in net assets. Its ten largest holdings made up 60.8% of the fund. The KWEB share class costs 0.7% a year. Over the 12 months to May 2026, KWEB lost 30.8%, with dividends reinvested. In 2026 Q2 it added 2 new positions and exited 1.
The KraneShares CSI China Internet ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities index. The Funds current index is the CSI Overseas China Internet Index (the Underlying Index).
The fund tracks the CSI Overseas China Internet Index, which holds publicly traded China-based companies whose primary business is in Internet and Internet-related sectors and that are listed outside mainland China. The fund is non-diversified and may use representative sampling rather than holding all index constituents, which could cause its returns to diverge from the index. The fund may invest up to 20% of assets outside the index in derivatives, other funds, and cash to aid tracking.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Tencent Holdings Limited | 10.44% | $512.40M | 9.3M | $54.81 |
PDDPDD Holdings Inc. | 7.92% | $388.53M | 5.1M | $76.28 |
Alibaba Group Holding Limited | 7.70% | $377.85M | 31.9M | $11.84 |
NETEASE, INC. | 6.97% | $342.01M | 13.3M | $25.81 |
MEITUAN | 6.83% | $334.97M | 38.3M | $8.73 |
Invesco Government & Agency Portfolio | 4.63% | $227.36M | — | — |
BAIDFBAIDU, INC. | 4.19% | $205.59M | 14.7M | $13.98 |
YMMFull Truck Alliance Co Ltd | 4.15% | $203.85M | 25.1M | $8.12 |
KUAISHOU TECHNOLOGY | 4.08% | $200.08M | 37.7M | $5.30 |
KE Holdings Inc. | 3.89% | $191.00M | 39.9M | $4.79 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 34 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.72% |
| Cash & short-term | 4.63% |
By sector
- International
- 55.0%
- Other
- 26.5%
- Industrials
- 7.4%
- Information Technology
- 6.7%
- 1 other sector
- 4.4%
- International
- 55.0%
- Other
- 26.5%
- Industrials
- 7.4%
- Information Technology
- 6.7%
- Cash
- 4.4%
How it has done
KWEB share class · total returns with dividends reinvested
Volatility over the last 12 months: 26.95%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
KraneShares CSI China Internet ETF is a global equity index ETF that tracks the CSI Overseas China Internet Index.
- Asset class
- Equity
- Region
- Global
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
- Expense ratio, by class
- 0.70%· KWEB 0.70%
- Portfolio turnover
- 54.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
2 new
1 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — KWEB, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”