CXSEvsKWEBETF Comparison

ETF 1

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

This fund is part of

China Blended Cap

-0.44%

Full CXSE fund page

ETF 2

KWEB

KraneShares CSI China Internet ETF

This fund is part of

EM Awakening

-0.07%

Full KWEB fund page

WisdomTree China ex-State-Owned Enterprises Fund (CXSE) belongs to the China Blended Cap segment. KraneShares CSI China Internet ETF (KWEB) is part of the EM Awakening segment. CXSE's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Industrials. In contrast, KWEB's top sector exposures are Technology, Consumer Non-Cyclicals and Consumer Services. CXSE is less expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.69% for KWEB. CXSE is down -21.09% year-to-date (YTD) with -$26M in YTD flows. KWEB performs worse with -32.19% YTD performance, and -$1.14B in YTD flows. Run a side-by-side ETF comparison of CXSE 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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CXSE vs KWEB performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 11/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CXSE KWEB	-9.85%-3.37%	-16.70%-19.17%	-21.09%-32.19%	-24.40%-38.37%	+13.30%-0.45%	-37.83%-42.70%
Flows	CXSE KWEB	-$43M+$91M	-$43M-$305M	-$26M-$1.14B	-$26M-$1.39B	-$220M+$729M	-$201M+$2.31B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CXSE KWEB	+18.20%+20.74%	+21.07%+24.16%	+24.46%+29.77%	+28.04%+39.29%
Max drawdown	CXSE KWEB	-19.56%-22.04%	-25.58%-40.23%	-29.15%-44.51%	-57.12%-61.65%
Max drawdown duration	CXSE KWEB	85d84d	355d364d	397d396d	1813d1812d

Trading data

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	CXSE	KWEB
Last sale 11/4/2026 at 2:30 PM	$33.03	$24.32
Previous close 11/03/2026	$31.31	$23.28
Consolidated volume 11/03/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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

Main metrics

Last update 11/4/2026 at 2:30 PM

Live

Closed

	CXSE	KWEB
Last price	$33.03	$24.32
1D performance	+5.48%	+4.47%
AuM	$364.88 M	$4.32 B
E/R	0.32%	0.69%

Characteristics

	CXSE	KWEB
Management strategy	Passive	Passive
Provider	WisdomTree	KraneShares
Benchmark	WisdomTree China ex-State-Owned Enterprises Index	CSI Overseas China Internet Index
N° of holdings	248	44
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 19, 2012	July 31, 2013
ESG	No	No

More CXSE data on Trackinsight

More KWEB data on Trackinsight

Exposure

Countries

CXSE

China

90.53%

Other

9.47%

KWEB

China

77.85%

Hong Kong

9.2%

Ireland

8.14%

Other

4.81%

Sectors

CXSE

Technology

35.92%

Consumer Non-Cycl.

16.1%

Industrials

11.63%

Healthcare

11.5%

Consumer Cyclical.

8.61%

Other

16.25%

KWEB

Technology

47.89%

Consumer Non-Cycl.

24.13%

Consumer Services

12.04%

Other

15.94%

Diversification

CXSE

Total weight of top 15 holdings out of 15

43.04%

KWEB

Total weight of top 15 holdings out of 15

75.1%

Top 15 holdings

Data as of September 30, 2026

CXSE

Tencent Holdings Ltd.

7.89%

Alibaba Group Holding Ltd.

7.52%

Contemporary Amperex Technology Co., Ltd.

4.13%

Zhongji Innolight Co., Ltd.

3.71%

Ping An Insurance (Group) Co. of China Ltd.

2.51%

Eoptolink Technology Inc., Ltd.

2.39%

PDD Holdings, Inc.

1.97%

Xiaomi Corp.

1.90%

Midea Group Co. Ltd.

1.76%

Meituan

1.68%

WuXi AppTec Co., Ltd.

1.65%

Ping An Insurance (Group) Co. of China Ltd.

1.62%

NetEase, Inc.

1.55%

Cambricon Technologies Corp. Ltd.

1.50%

Foxconn Industrial Internet Co., Ltd.

1.26%

KWEB

Tencent Holdings Ltd.

10.33%

Alibaba Group Holding Ltd.

8.55%

PDD Holdings, Inc.

8.14%

Meituan

6.97%

NetEase, Inc.

6.63%

Lenovo Group Ltd.

6.16%

KE Holdings, Inc.

4.40%

JD.com, Inc.

3.87%

Trip.com Group Ltd.

3.47%

Baidu, Inc.

3.19%

Kuaishou Technology

3.04%

Full Truck Alliance Co., Ltd.

2.97%

JD Health International, Inc.

2.53%

Kanzhun Ltd.

2.46%

TAL Education Group

2.39%

Frequently asked questions about CXSE and KWEB

How have the CXSE and KWEB ETFs performed in 2026?

As of November 3, 2026, CXSE is down -21.09% year-to-date (YTD), while KWEB has lost -32.19%. That puts CXSE better performer ahead so far this year.

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

Year-to-date, the CXSE ETF saw -$26M in flows, compared to -$1.14B for KWEB.

Which ETF is more volatile: CXSE or KWEB?

Over the past year, CXSE had a volatility of 21.07%, while KWEB experienced 24.16%.

Which ETF is bigger: CXSE or KWEB?

As of November 3, 2026, CXSE holds $364.88 M in assets under management (AUM), while KWEB manages $4.32 B.

What sectors do the CXSE and KWEB ETFs invest in?

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

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

CXSE top holdings include Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Contemporary Amperex Technology Co., Ltd.. KWEB holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and PDD Holdings, Inc..

CXSEvsKWEBETF Comparison

WisdomTree China ex-State-Owned Enterprises Fund

KraneShares CSI China Internet ETF

CXSE 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 CXSE and KWEB ETFs performed in 2026?

As of November 3, 2026, CXSE is down -21.09% year-to-date (YTD), while KWEB has lost -32.19%. That puts CXSE better performer ahead so far this year.

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

Year-to-date, the CXSE ETF saw -$26M in flows, compared to -$1.14B for KWEB.

Which ETF is more volatile: CXSE or KWEB?

Over the past year, CXSE had a volatility of 21.07%, while KWEB experienced 24.16%.

Which ETF is bigger: CXSE or KWEB?

As of November 3, 2026, CXSE holds $364.88 M in assets under management (AUM), while KWEB manages $4.32 B.

What sectors do the CXSE and KWEB ETFs invest in?

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

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

CXSE top holdings include Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Contemporary Amperex Technology Co., Ltd.. KWEB holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and PDD Holdings, Inc..

Which ETF is more diversified: CXSE or KWEB?

CXSE holds 260 securities with 43.04% of its assets in the top 15. KWEB has 44 securities and a top 15 weight of 75.1%.

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