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KraneShares CSI China Internet (KWEB)
Look-through valuation · Country · Expense ratio 0.69 % · ISIN US5007673065
Price history (since 2013)
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 | 10.1 % | +62.2 % | 70 |
| Alibaba Group Holding Ltd 9988 | 8.9 % | n/a | n/a |
| PDD Holdings Inc. PDD | 8.1 % | n/a | n/a |
| Meituan 3690 | 7.1 % | n/a | n/a |
| NetEase Inc 9999 | 6.3 % | n/a | n/a |
| Lenovo Group 0992 | 6.2 % | −6.4 % | 47 |
| Ke Holdings Inc 2423 | 4.2 % | −60.3 % | 58 |
| Jd Com Inc 9618 | 3.8 % | n/a | n/a |
| Trip.com Group Ltd 9961 | 3.6 % | +116.7 % | 65 |
| Baidu Inc 9888 | 3.3 % | n/a | n/a |
| Kuaishou Technology 1024 | 3.0 % | +200.0 % | 54 |
| Full Truck Alliance Co Ltd ADR YMM | 2.9 % | +159.6 % | 76 |
| Jd Health International Inc 6618 | 2.5 % | +112.1 % | 72 |
| Kanzhun Ltd ADR BZ | 2.4 % | n/a | n/a |
| TAL Education Group TAL | 2.3 % | +176.0 % | 80 |
| SenseTime Group Inc Class B 0020 | 2.3 % | −87.6 % | 35 |
| Tencent Music Entertainment Group TME | 2.1 % | n/a | n/a |
| Bilibili Inc 9626 | 2.1 % | +21.4 % | 59 |
| GDS Holdings Ltd 9698 | 1.7 % | n/a | n/a |
| Kingsoft Corp Ltd 3888 | 1.5 % | +101.6 % | 63 |
| Vipshop Holdings Limited VIPS | 1.5 % | n/a | n/a |
| Kingdee International Software Group Co Ltd 0268 | 1.4 % | −54.7 % | 67 |
| Alibaba Health Information Technology Ltd 0241 | 1.0 % | −28.1 % | 64 |
| YY Inc Class A YY | 1.0 % | n/a | n/a |
| China Ruyi Holdings Ltd 0136 | 0.9 % | −2.5 % | 39 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 40 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about KWEB
Is KWEB overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of KWEB?
What is the expense ratio of KWEB?
How we value this ETF
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: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.