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$1.5 trillion1 in 2019 (compared to US$601.7 billion2 in the United States), representing an increase of 16.5% year-over-year1.
  • China's internet population reached 854 million people, a penetration of only 61.2%3. The U.S. internet population reached 294 million people, a penetration rate of 89.5%4.
  • Total Chinese retail sales reached US$5.8 trillion in 20191
  • Online shopping accounted for 25.8% of retail purchases in China in 20191

1. National Bureau of Statistics in China, “Total Retail Sales of Consumer Goods Went up by 8.0 percent in 2019”, 1/19/2020. Note: Figures converted from Chinese Renminbi to USD as of 4/14/2020.
2. U.S. Department of Commerce, “Quarterly Retail E-commerce Sales 4th Quarter 2019” 2/19/2020.
3. CNNIC, The 44th Statistical Report on the Development of China’s Internet, 8/31/2019.
4. Data from Pew Research Center, World Bank, and US Census Bureau as of 6/30/2019.

Fund Details

Data as of 05/27/2020
TickerKWEB
Primary ExchangeNYSE
CUSIP500767306
ISINUS5007673065
Net Assets$1,821,622,655
Total Annual Fund Operating Expense0.76%
Inception Date7/31/2013
Distribution FrequencyAnnual

Daily Performance

Data as of 05/27/2020
Premium Discount Chart
NAV
Net Asset Value$51.39 
Daily Change-1.27%
Price
Closing Price$0.00 
Daily Change0.00%

Performance History

Distributions
Cumulative %
Data as of: 04/30/2020
Fund NAVClosing PriceIndex
1 Month7.90%6.83%7.87%
3 Month1.25%0.44%1.27%
6 Month8.30%7.64%8.30%
Since Inception107.99%106.05%108.50%
Avg Annualized %
Data as of month end: 04/30/2020
Fund NAVClosing PriceIndex
1 Year-0.04% -0.78%-0.01%
3 Year4.30%3.85%4.59%
5 Year5.28%5.15%5.56%
Since Inception11.46% 11.30%11.50%
Avg Annualized %
Data as of quarter end: 03/31/2020
Fund NAVClosing PriceIndex
1 Year-3.85%-3.83%-3.84%
3 Year3.66%3.58%3.95%
5 Year6.87%6.86%7.17%
Since Inception10.35% 10.35%10.39%

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: 2020/4/13

Market Cap Breakdown

Data as of: 2020/4/13
Data provided by ETF Research Center

Top 10 Holdings

Data as of 05/27/2020
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
MEITUAN DIANPING-CLASS B
9.84%3690 HK10,267,000179,189,926
2
TENCENT HOLDINGS LTD
9.76%700 HK3,282,875177,859,009
3
ALIBABA GRP-ADR
9.06%BABA819,863164,940,038
4
JD.COM INC-ADR
8.52%JD2,974,754155,163,169
5
BAIDU INC - SPON ADR
5.88%BIDU989,601107,094,620
6
PINDUODUO INC-ADR
5.8%PDD1,751,561105,654,160
7
NETEASE INC-ADR
4.56%NTES220,43583,126,039
8
TAL EDUCATION GROUP- ADR
4.49%TAL1,462,39181,864,648
9
VIPSHOP HOLDINGS
4.22%VIPS4,654,72676,802,979
10
BILIBILI INC-ADR
3.81%BILI2,150,60169,464,412

Holdings are subject to change.