Is KWEB a good investment?

KraneShares CSI China Internet ETF (KWEB) is a China-focused ETF. As of September 11, 2026, ETF Copilot scores KWEB 4.2 out of 10 — highest on Valuation (9.8), lowest on Return (0.1). It trades at 11.7 times earnings, against its own median of 20.1. Its ten largest holdings are 61% of the fund.

Updated September 11, 2026

How is KWEB rated? ETF Copilot scores KraneShares CSI China Internet ETF (KWEB) 4.2 out of 10

As of September 11, 2026, ETF Copilot scores KraneShares CSI China Internet ETF (KWEB) 4.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.2 / 10
Growth: 7.1 / 10
Valuation: 9.8 / 10
Risk: 0.5 / 10
Quality: 3.9 / 10
Return: 0.1 / 10

KWEB is ranked #10 of 10 in ETF Copilot's Thematic list.

What is KWEB's expense ratio? 0.69% a year

As of September 11, 2026, KWEB charges 0.69% a year, yields 1.19% and holds $4.8B in assets across 44 positions.

KraneShares CSI China Internet ETF (KWEB) — cost, income and size
Measure	KWEB
Expense ratio	0.69%
Dividend yield	1.19%
Assets under management	$4.8B
Holdings	44

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in KWEB's data

Tracks Chinese internet innovators in the digital economy sector.

Priced well below its own history and peers — you pay less for the same earnings.

Trailing EBITDA multiple of 5.3x is cheaper than the peer median of 8.9x. Top holdings concentration runs at 61.2%.

Functions as a concentrated China internet exposure for a portfolio already holding broad emerging market equities.

Why did KWEB move this week? It fell 3.7% in the week to September 11, 2026 — Pinduoduo and Alibaba drove it

KWEB fell 3.7% in the week to September 11, 2026. The holdings that moved it most were Pinduoduo (−4.7%), Alibaba (−3.1%) and Meituan Dianping (−3.3%); China Ruyi (+20.3%) pushed the other way.

Is KWEB expensive right now? It trades at 11.7 times earnings, against its own median of 20.1

As of September 11, 2026, KWEB is cheaper than 95% of its own 114 monthly readings since 2017 — 6 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside KWEB? 27% Tech

What's inside KWEB: Size (Large 55%, Mid 30%, Small 15%); Geography (International 100%, US 0%); Tech 26.9%; Semiconductors 0.2%; Memory 2.9%.

What are KWEB's top holdings? The ten largest are 61% of the fund

Tencent, Alibaba, Pinduoduo, Meituan, Netease, Lenovo, KE, JD.com, Trip.com and Baidu INC Class A-Hkd are KWEB's largest holdings, in that order.

More concentrated than 82% of China ETFs.

Half of KWEB's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.

Cite this

ETF Copilot, “KraneShares CSI China Internet ETF (KWEB) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/kweb