Key stats
About KRANESHARES TRUST
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Inception date
Jul 31, 2013
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
KWEB, tracking only overseas-listed Chinese shares of Internet-sector companies, doesn't look much like the broader Chinese IT industry. For one thing, KWEB excludes hardware companies from its selection universe. It only includes Internet software and services, home entertainment software, educational software for home use, retail or commercial services primarily through the Internet, and mobile Internet software and services. KWEB ends up with less Software and IT Exposure than broader funds in the segment and may tilt significantly towards small-caps. Index constituents are ranked by free-float market capitalization in USD and weighted using a 10% capping methodology at each semi-annual rebalance. While not perfectly capturing China's Internet economy, KWEB is a good pure play on Chinese Internet software and service providers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Stocks99.31%
Technology Services42.84%
Retail Trade28.45%
Finance7.52%
Consumer Services7.47%
Commercial Services7.06%
Transportation5.96%
Bonds, Cash & Other0.69%
Miscellaneous0.56%
Cash0.13%
Stock breakdown by region
Asia92.80%
Europe7.20%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KWEB invests in stocks. The fund's major sectors are Technology Services, with 42.84% stocks, and Retail Trade, with 28.45% of the basket. The assets are mostly located in the Asia region.
KWEB top holdings are Alibaba Group Holding Limited and Tencent Holdings Ltd, occupying 11.65% and 11.63% of the portfolio correspondingly.
KWEB last dividends amounted to 1.02 USD. The year before, the issuer paid 0.04 USD in dividends, which shows a 95.91% increase.
Yes, KWEB pays dividends to its holders with the dividend yield of 3.02%. The last dividend (Dec 18, 2024) amounted to 1.02 USD. The dividends are paid annually.
KWEB shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jul 31, 2013, and its management style is Passive.
KWEB expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
KWEB follows the CSI Overseas China Internet. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KWEB invests in stocks.
KWEB price has fallen by −8.12% over the last month, and its yearly performance shows a 11.32% increase. See more dynamics on KWEB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.54% over the last month, showed a 3.24% increase in three-month performance and has increased by 17.46% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.54% over the last month, showed a 3.24% increase in three-month performance and has increased by 17.46% in a year.
KWEB trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.