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KraneShares CSI China Internet ETF (KWEB)

Look-through valuation · Country · Expense ratio 0.69 % · ISIN US5007673065

KWEB KraneShares CSI China Internet ETF KWEB undervalued
Holdings vs fair value +19.7 % weighted average
Quality 54/100 avg alpha quality
Expense ratio 0.69 % per year (TER)
Fund size $ 6.2B yield 8.61 %
The look-through covers 64 % of the fund by weight (20 of 32 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2013)

$ 75 $ 17 Aug 2013 Jul 2026

Monthly close since 2013. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding Weight vs fair value Quality
Tencent Holdings Ltd 0700 10.3 % −1.4 % 63
Alibaba Group Holding Ltd 9988 8.5 % −34.7 % 50
PDD Holdings Inc. PDD 8.1 % +159.8 % 56
Meituan 3690 7.2 % n/a n/a
NetEase Inc 9999 6.6 % n/a n/a
Jd Com Inc 9618 4.1 % −5.7 % 56
Full Truck Alliance Co Ltd ADR YMM 4.1 % +51.4 % 64
Baidu Inc 9888 4.1 % −30.0 % 42
Ke Holdings Inc 2423 4.0 % −59.0 % 55
Kuaishou Technology 1024 4.0 % n/a n/a
Trip.com Group Ltd 9961 3.7 % +85.0 % 54
Jd Health International Inc 6618 3.6 % n/a n/a
Bilibili Inc 9626 3.5 % −52.2 % 48
Tencent Music Entertainment Group TME 3.3 % n/a n/a
Kanzhun Ltd ADR BZ 3.3 % n/a n/a
TAL Education Group TAL 3.0 % +49.3 % 68
Vipshop Holdings Limited VIPS 2.4 % n/a n/a
Kingsoft Corp Ltd 3888 2.1 % +43.4 % 54
Alibaba Health Information Technology Ltd 0241 1.7 % −39.3 % 45
Tongcheng-Elong Holdings Ltd 0780 1.3 % +110.2 % 51
YY Inc Class A YY 1.3 % n/a n/a
China Ruyi Holdings Ltd 0136 1.2 % +43.6 % 34
ZhongAn Online P & C Insurance Co Ltd 6060 1.0 % −0.6 % 40
Meitu Inc 1357 1.0 % −40.1 % 47
Xd Inc 2400 0.9 % +33.8 % 61

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 32 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives KraneShares CSI China Internet ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.