KraneShares CSI China Internet ETF (KWEB) Holdings

NYSE Arca: KWEBEvery position, sector weights and overlap with other ETFs.

KWEB holdings summary

as of Oct 25, 2026
Holdings
40
positions listed
Top 10 weight
60.4%
of net assets
Effective holdings
20
equal-weight equivalent
Largest holding
0700 9.81%
Tencent Holdings Ltd
Annual turnover
57.1%
of the portfolio traded
Top 1060.4%
Top 2590.1%

All KWEB holdings

40 holdings
#Name
10700Tencent Holdings LtdCommunication Services9.81%$422.5M——
2PDDPDD Holdings Inc.Consumer Cyclical8.43%$362.9M$115.25B9.1
39988Alibaba Group Holding LtdConsumer Cyclical8.20%$352.8M——
43690MeituanConsumer Cyclical7.19%$309.4M——
59999NetEase IncCommunication Services6.64%$285.6M——
62423Ke Holdings IncReal Estate4.63%$199.1M——
70992Lenovo GroupTechnology4.41%$189.9M——
89618Jd Com IncConsumer Cyclical4.25%$182.7M——
99961Trip.com Group LtdConsumer Cyclical3.62%$156.0M——
10YMMFull Truck Alliance Co. Ltd.Technology3.24%$139.7M$9.15B15.4
119888Baidu IncCommunication Services2.87%$123.4M——
12BZKanzhun LimitedCommunication Services2.86%$123.1M$7.32B12.0
136618Jd Health International IncHealthcare2.80%$120.5M——
141024Kuaishou TechnologyCommunication Services2.75%$118.3M——
15TMETencent Music Entertainment GroupCommunication Services2.54%$109.4M$14.06B10.5
16TALTAL Education GroupConsumer Defensive2.33%$100.3M$6.66B7.5
170020SenseTime Group Inc Class BTechnology2.25%$96.9M——
189626Bilibili IncCommunication Services2.00%$86.2M——
190268Kingdee International Software Group Co LtdTechnology1.76%$75.7M——
20VIPSVipshop Holdings LimitedConsumer Cyclical1.67%$71.8M$6.11B4.3
213888Kingsoft Corp LtdCommunication Services1.60%$68.9M——
229698GDS Holdings LtdTechnology1.16%$49.9M——
23YYYY Inc Class ACommunication Services1.11%$47.6M——
240241Alibaba Health Information Technology LtdHealthcare1.09%$47.0M——
250136China Ruyi Holdings LtdCommunication Services0.91%$39.3M——
261797Koolearn Technology Holding LimitedConsumer Defensive0.85%$36.6M——
270780Tongcheng-Elong Holdings LtdConsumer Cyclical0.84%$36.1M——
286060ZhongAn Online P & C Insurance Co LtdFinancial Services0.71%$30.5M——
29ATHMAutohome IncCommunication Services0.69%$29.6M$2.32B17.5
301357Meitu IncCommunication Services0.65%$27.9M——
310772China Literature LtdCommunication Services0.61%$26.3M——
322400Xd IncCommunication Services0.60%$25.7M——
33KS70KINGSOFT C.H.LTD. DL-001Technology0.59%$25.2M——
34VNETVNET Group, Inc.Technology0.49%$21.0M$1.12B—
352513Knowledge Atlas Tech JointTechnology0.45%$19.3M——
361833Ping An Healthcare and Technology Company LtdHealthcare0.36%$15.5M——
371060Alibaba Pictures Group LtdCommunication Services0.29%$12.5M——
38WBWeibo CorporationCommunication Services0.29%$12.4M$1.59B5.4
39QFIN360 DigiTech, Inc.Financial Services0.24%$10.4M$689.4M1.4
400100MiniMax Group IncTechnology0.10%$4.3M——

Weights as a percentage of net assets. Value held = weight × net assets ($4.30B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).

KWEB sector breakdown

SectorWeightHoldingsLargest
Communication Services36.2%160700, 9999, 9888
Consumer Cyclical34.2%7PDD, 9988, 3690
Technology14.4%90992, YMM, 0020
Real Estate4.6%12423
Healthcare4.3%36618, 0241, 1833
Consumer Defensive3.2%2TAL, 1797
Financial Services1.0%26060, QFIN

Sum of the weights of the holdings in each sector.

KWEB top industries

Internet Retail
29.7%
Internet Content & Information
26.2%
Electronic Gaming & Multimedia
8.8%
Software - Application
7.8%
Real Estate Services
4.6%
Travel Services
4.5%
Computer Hardware
4.4%
Pharmaceutical Retailers
3.9%
Education & Training Services
3.2%
Information Technology Services
1.6%
Entertainment
1.2%
Insurance - Property & Casualty
0.7%
Software - Infrastructure
0.5%
Health Information Services
0.4%
Credit Services
0.2%

KWEB overlap with other ETFs

ETFFundOverlapShared holdingsExpense ratio
VXUSVanguard Total International Stock ETF2.1%37 of 8,0350.05%
QQQInvesco QQQ ETF0.2%1 of 1010.17%
VTIVanguard Total Stock Market ETF0.0%0 of 2,9410.03%
SPYSPDR S&P 500 ETF0.0%0 of 5020.09%
IWMiShares Russell 2000 ETF0.0%0 of 1,9620.19%
DIASPDR Dow Jones Industrial Average ETF0.0%0 of 300.16%

Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.

About the KWEB portfolio

KraneShares CSI China Internet ETF holds 40 positions. The ten largest make up 60.4% of the fund, so it behaves like a portfolio of about 20 equally weighted positions. The biggest positions are Tencent Holdings Ltd (9.81%), PDD Holdings Inc. (8.43%), Alibaba Group Holding Ltd (8.20%), Meituan (7.19%), NetEase Inc (6.64%).

By sector, Communication Services is 36.2%, Consumer Cyclical is 34.2%, Technology is 14.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.

Related: KWEB chart, KWEB performance, KWEB dividends, KWEB overview.

KWEB holdings FAQ

How many holdings does KWEB have?

KWEB holds 40 positions as of October 25, 2026.

What are the top 10 holdings of KWEB?

The ten largest holdings are Tencent Holdings Ltd (9.81%), PDD Holdings Inc. (8.43%), Alibaba Group Holding Ltd (8.20%), Meituan (7.19%), NetEase Inc (6.64%), Ke Holdings Inc (4.63%), Lenovo Group (4.41%), Jd Com Inc (4.25%), Trip.com Group Ltd (3.62%), Full Truck Alliance Co. Ltd. (3.24%). Together they are 60.4% of the fund.

What percentage of KWEB is Tencent Holdings Ltd?

Tencent Holdings Ltd is the largest holding at 9.81% of net assets, about $422.5M of the fund's $4.30B.

Which sector is the largest in KWEB?

Communication Services is the largest sector at 36.2%, followed by Consumer Cyclical (34.2%) and Technology (14.4%), based on the sectors of the individual holdings.

How concentrated is KWEB?

The top 10 holdings are 60.4% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) KWEB behaves like a portfolio of about 20 equally weighted positions.