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CQQQvsKWEBETF Comparison

ETF 1

CQQQ

Invesco China Technology ETF

This fund is part of

China Blended Cap

+0.18%

Full CQQQ fund page

VS

ETF 2

KWEB

KraneShares CSI China Internet ETF

This fund is part of

EM Awakening

+0.11%

Full KWEB fund page

Invesco China Technology ETF (CQQQ) belongs to the China Blended Cap segment. KraneShares CSI China Internet ETF (KWEB) is part of the EM Awakening segment. Both ETFs have the same top 3 sector exposures: Technology, Consumer Non-Cyclicals and Consumer Services. CQQQ is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.69% for KWEB. CQQQ is down -23.25% year-to-date (YTD) with -$222M in YTD flows. KWEB performs worse with -32.95% YTD performance, and -$1.14B in YTD flows. Run a side-by-side ETF comparison of CQQQ and KWEB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CQQQ vs KWEB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CQQQ KWEB	-11.78%-7.04%	-19.95%-14.35%	-23.25%-32.95%	-29.53%-40.87%	+16.97%-4.04%	-40.46%-44.51%
Flows	CQQQ KWEB	-$404M-$123M	-$602M-$303M	-$222M-$1.14B	-$279M-$1.39B	+$1.68B+$742M	+$1.63B+$2.36B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CQQQ KWEB	+22.52%+21.26%	+28.29%+23.96%	+29.77%+29.75%	+32.71%+39.31%
Max drawdown	CQQQ KWEB	-25.59%-20.59%	-32.52%-40.92%	-33.09%-43.47%	-61.50%-61.65%
Max drawdown duration	CQQQ KWEB	80d78d	289d365d	387d390d	1802d1806d

Trading data

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	CQQQ	KWEB
Last sale 10/28/2026 at 1:30 PM	$39.79	$22.99
Previous close 10/28/2026	$39.49	$23.13
Consolidated volume 10/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	CQQQ	KWEB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	CQQQ	KWEB
Last price	$39.79	$22.99
1D performance	+0.76%	-0.61%
AuM	$1.87 B	$4.27 B
E/R	0.65%	0.69%

Characteristics

	CQQQ	KWEB
Management strategy	Passive	Passive
Provider	Invesco	KraneShares
Benchmark	FTSE China Incl A 25% Technology Capped Index	CSI Overseas China Internet Index
N° of holdings	174	44
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 8, 2009	July 31, 2013
ESG	No	No

More CQQQ data on Trackinsight

More KWEB data on Trackinsight

Exposure

Countries

CQQQ

China

86.65%

Ireland

10.9%

Other

2.45%

KWEB

China

78.88%

Ireland

8.26%

Hong Kong

8.01%

Other

4.85%

Sectors

CQQQ

Technology

65.99%

Consumer Non-Cycl.

10.9%

Consumer Services

10.74%

Other

12.37%

KWEB

Technology

47.32%

Consumer Non-Cycl.

24.05%

Consumer Services

12.79%

Other

15.84%

Diversification

CQQQ

Total weight of top 15 holdings out of 15

60.76%

KWEB

Total weight of top 15 holdings out of 15

74.75%

Top 15 holdings

Data as of August 31, 2026

CQQQ

PDD Holdings, Inc.

10.90%

Meituan

10.38%

Tencent Holdings Ltd.

10.11%

Baidu, Inc.

7.54%

Kuaishou Technology

3.86%

Hua Hong Grace Semiconductor Ltd.

3.26%

Cambricon Technologies Corp. Ltd.

1.99%

Kingboard Laminates Holdings Ltd.

1.89%

Hygon Information Technology Co., Ltd.

1.73%

SenseTime Group, Inc.

1.67%

Horizon Robotics

1.61%

NAURA Technology Group Co., Ltd.

1.58%

Sunny Optical Technology (Group) Co., Ltd.

1.56%

Bilibili, Inc.

1.41%

Tencent Music Entertainment Group

1.28%

KWEB

Tencent Holdings Ltd.

10.24%

Alibaba Group Holding Ltd.

8.65%

PDD Holdings, Inc.

8.26%

Meituan

7.28%

NetEase, Inc.

6.24%

Lenovo Group Ltd.

5.03%

KE Holdings, Inc.

4.35%

JD.com, Inc.

3.93%

Trip.com Group Ltd.

3.81%

Baidu, Inc.

3.37%

Kuaishou Technology

3.11%

Full Truck Alliance Co., Ltd.

2.86%

Kanzhun Ltd.

2.71%

SenseTime Group, Inc.

2.49%

JD Health International, Inc.

2.42%

Frequently asked questions about CQQQ and KWEB

How have the CQQQ and KWEB ETFs performed in 2026?

As of October 28, 2026, CQQQ is down -23.25% year-to-date (YTD), while KWEB has lost -32.95%. That puts CQQQ better performer ahead so far this year.

Which ETF is attracting more investor money: CQQQ or KWEB?

Year-to-date, the CQQQ ETF saw -$222M in flows, compared to -$1.14B for KWEB.

Which ETF is more volatile: CQQQ or KWEB?

Over the past year, CQQQ had a volatility of 28.29%, while KWEB experienced 23.96%.

Which ETF is bigger: CQQQ or KWEB?

As of October 28, 2026, CQQQ holds $1.87 B in assets under management (AUM), while KWEB manages $4.27 B.

What sectors do the CQQQ and KWEB ETFs invest in?

CQQQ leans toward sectors like Technology, Consumer Non-Cyclicals and Consumer Services. Meanwhile, KWEB focuses on Technology, Consumer Non-Cyclicals and Consumer Services.

What are the top holdings of the CQQQ ETF and KWEB ETF?

CQQQ top holdings include PDD Holdings, Inc., Meituan and Tencent Holdings Ltd.. KWEB holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and PDD Holdings, Inc..

CQQQvsKWEBETF Comparison

Invesco China Technology ETF

KraneShares CSI China Internet ETF

CQQQ vs KWEB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CQQQ and KWEB ETFs performed in 2026?

As of October 28, 2026, CQQQ is down -23.25% year-to-date (YTD), while KWEB has lost -32.95%. That puts CQQQ better performer ahead so far this year.

Which ETF is attracting more investor money: CQQQ or KWEB?

Year-to-date, the CQQQ ETF saw -$222M in flows, compared to -$1.14B for KWEB.

Which ETF is more volatile: CQQQ or KWEB?

Over the past year, CQQQ had a volatility of 28.29%, while KWEB experienced 23.96%.

Which ETF is bigger: CQQQ or KWEB?

As of October 28, 2026, CQQQ holds $1.87 B in assets under management (AUM), while KWEB manages $4.27 B.

What sectors do the CQQQ and KWEB ETFs invest in?

CQQQ leans toward sectors like Technology, Consumer Non-Cyclicals and Consumer Services. Meanwhile, KWEB focuses on Technology, Consumer Non-Cyclicals and Consumer Services.

What are the top holdings of the CQQQ ETF and KWEB ETF?

CQQQ top holdings include PDD Holdings, Inc., Meituan and Tencent Holdings Ltd.. KWEB holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and PDD Holdings, Inc..

Which ETF is more diversified: CQQQ or KWEB?

CQQQ holds 180 securities with 60.76% of its assets in the top 15. KWEB has 44 securities and a top 15 weight of 74.75%.

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