KWEB · KraneShares CSI China Internet ETF

Issuer: KraneShares

Launched in 2013, this US-listed ETF tracks the CSI Overseas China Internet Index, investing in Chinese internet, e-commerce, and digital platform companies listed mainly in Hong Kong and the United States. It is exposed to Chinese regulatory and policy changes, geopolitical risks, high volatility, and sector concentration. Its annual total expense ratio is 0.69%.

ETF · US ETF average

Long-term returns ★☆☆☆☆☆☆☆☆☆ Five-year cumulative total return near -44.9%.

Stability ★☆☆☆☆☆☆☆☆☆ Five-year max drawdown near 64.5%; very high risk.

Costs ★★★★★☆☆☆☆☆ Annual expense ratio of 0.69%; relatively costly.

Upside potential ★★★★★★★☆☆☆ Best of the past five calendar years: 23.5% in 2025.

Liquidity ★★★★★★★★★☆ Average daily trading value around $500 million.

Performance

1-month total return: -4%

1-year total return: -37%

5-year total return: -45%

Stability

1-month MDD: -8%

1-year MDD: -40%

5-year MDD: -65%