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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)
$563,542,035
AUM
$5,934,733,000
Associated Index
CSI Overseas China Internet Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

700
Tencent Holdings Ltd.
11.88%
9988
Alibaba Group Holding Ltd
8.21%
3690
Meituan - Ordinary Shares - Class B
6.97%
PDD
PDD Holdings Inc - ADR
5.30%
9888
Baidu Inc
5.07%
9999
NetEase Inc
4.96%
BEKE
KE Holdings Inc - ADR
4.58%
9618
JD.com Inc - Ordinary Shares - Class A
4.53%
9961
Trip.com Group Ltd
4.44%
TME
Tencent Music Entertainment Group - ADR
4.13%
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, PGJ, EMQQ

KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
PGJ
Invesco Capital Management LLC - Invesco Golden Dragon China ETF
EMQQ
Exchange Traded Concepts Trust - ETCT EMQQ The Emerging Markets Internet and Ecommerce ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI 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
GXC
SSgA Active Trust - SPDR S&P China ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund

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

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

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 0.01%. This is the percent change in the value of KWEB over the most recent 1-month period. The 3-month return on KWEB is -0.0165%. 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 0.5666%. 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, IXC, and GDXJ.

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

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

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.