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ETFs

KraneShares CSI China Internet ETF

KWEB
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 01 2013
Expense Ratio
0.69%
Type
Global Ex. US Equities
Fund Owner
Krane Shares
Volume (1m avg. daily)
$460,895,359
AUM
$5,625,392,500
Associated Index
CSI Overseas China Internet Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PDD
PDD Holdings Inc - ADR
9.28%
9988
Alibaba Group Holding Ltd
9.15%
700
Tencent Holdings Ltd.
8.98%
3690
Meituan - Ordinary Shares - Class B
7.66%
9888
Baidu Inc
5.88%
9999
NetEase Inc
4.64%
1024
Kuaishou Technology - Ordinary Shares - Class B
4.34%
YMM
Full Truck Alliance Co Ltd - ADR
4.09%
9961
Trip.com Group Ltd
3.99%
BEKE
KE Holdings Inc - ADR
3.98%
Invest with KWEB

What is KWEB?

The KraneShares CSI China Internet ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark.

ETFs related toKWEB

ETFs correlated to KWEB include CWEB, MCHI, EMQQ

KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toKWEB

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with KWEB using Composer

FAQ

KWEB is a Global Ex. US Equities ETF. The KraneShares CSI China Internet ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark.

KWEB tracks the CSI Overseas China Internet Index.

No, KWEB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KWEB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KWEB is -0.0134%. This is the percent change in the value of KWEB over the most recent 1-month period. The 3-month return on KWEB is 0.0156%. This is the percent change in the value of KWEB over the most recent 3-month period.

The standard deviation of KWEB for the past year is 0.495%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KWEB include IXN, IXJ, and SMH.

ETFs correlated to KWEB include CWEB, MCHI, and EMQQ.

ETFs that are inversely correlated to KWEB include YANG, EDZ, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.