KWEB

KraneShares CSI China Internet ETF

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Investment Strategy:

KWEB seeks to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors.

KWEB Provides:

  • Access to Chinese internet companies that provide similar services as Google, Facebook, Twitter, eBay, Amazon, etc.
  • Exposure to companies benefitting from increasing domestic consumption by China's growing middle class
  • Exposure to Chinese internet companies listed in both the United States and Hong Kong

China Internet Sector Highlights:

  • Chinese retail web sales totaled US$1.31 trillion1 in 2018 (compared to US$513.6 billion2 in the United States), representing an increase of 23.9%1.
  • China's internet population reached 829 million people, a penetration of only 59.6%3. The U.S. internet population reached 287 million people, a penetration rate of 88.5%4.
  • Total Chinese retail sales reached US$5.5 trillion in 20181
  • Online shopping accounted for 23.6% of retail purchases in China in 20181

1. National Bureau of Statistics in China, “National Economic Performance Maintained within an Appropriate Range in 2018 with Main Development Goals Achieved” 1/21/2019. Note: Figures converted from Chinese Renminbi to USD as of 12/31/2018.
2. U.S. Department of Commerce, “Quarterly Retail E-commerce Sales 4th Quarter 2018” 3/13/2019.
3. CNNIC, The 43nd Statistical Report on the Development of China’s Internet, 2/28/2019.
4. Data from internetlivestats.com as of 31 December 2016. Retrieved on 3/31/2019.

Fund Details

Data as of 07/19/2019
TickerKWEB
Primary ExchangeNYSE
CUSIP500767306
ISINUS5007673065
Net Assets$1,577,366,298
Total Annual Fund Operating Expense0.70%
Inception Date7/31/2013
Distribution FrequencyAnnual

Daily Performance

Data as of 07/19/2019
Premium Discount Chart
NAV
Net Asset Value$42.98 
Daily Change0.70%
Price
Closing Price$42.82 
Daily Change0.33%

Performance History

Distributions
Cumulative %
Data as of: 06/30/2019
Fund NAVClosing PriceIndex
1 Month8.90%9.10%8.74%
3 Month-6.65%-6.52%-6.83%
6 Month16.56%17.31%16.39%
Since Inception87.15%87.47%87.28%
Avg Annualized %
Data as of quarter end: 06/30/2019
Fund NAVClosing PriceIndex
1 Year-23.54%-23.50%-23.32%
3 Year11.23%11.18%11.18%
5 Year4.58%4.56%4.88%
Since Inception11.17% 11.21%11.19%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Sector Breakdown

Data as of: 2019/7/19

Market Cap Breakdown

Data as of: 2019/7/19
Data provided by ETF Research Center

Top 10 Holdings

Data as of 07/19/2019
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
TENCENT HOLDINGS LTD
10.65%700 HK3,622,675167,917,983
2
ALIBABA GRP-ADR
9.45%BABA861,500149,030,885
3
BAIDU INC - SPON ADR
7.68%BIDU1,078,958121,113,036
4
MEITUAN DIANPING-CLASS B
7.52%3690 HK13,759,700118,549,718
5
JD.COM INC-ADR
6.58%JD3,349,550103,802,555
6
CTRIP.COM-ADR
4.36%CTRP1,801,32368,738,486
7
PINDUODUO INC-ADR
3.92%PDD3,085,56361,865,538
8
TENCENT MUSI-ADR
3.89%TME4,276,51761,410,784
9
TAL EDUCATION GROUP- ADR
3.87%TAL1,685,49460,981,173
10
NETEASE INC-ADR
3.54%NTES228,94755,812,700

Holdings are subject to change.