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FXIvsKWEBETF Comparison

ETF 1
FXI

iShares China Large-Cap ETF

This fund is part of
China Blended Cap
-2.62%
VS
ETF 2
KWEB

KraneShares CSI China Internet ETF

This fund is part of
EM Awakening
-0.19%

iShares China Large-Cap ETF (FXI) belongs to the China Blended Cap segment. KraneShares CSI China Internet ETF (KWEB) is part of the EM Awakening segment. FXI's top 3 sector exposures are Finance, Technology and Consumer Non-Cyclicals. In contrast, KWEB's top sector exposures are Technology, Consumer Non-Cyclicals and Consumer Services. FXI is more expensive with a Total Expense Ratio (TER) of 0.73%, versus 0.7% for KWEB. FXI is down -10.45% year-to-date (YTD) with -$1.50B in YTD flows. KWEB performs worse with -19.47% YTD performance, and -$833M in YTD flows. Run a side-by-side ETF comparison of FXI 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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FXI vs KWEB performance and flow charts

Performance

-10.0-5.00.05.0%Jun 16Jun 23Jun 30Jul 7Jul 14

Cumulative Flows

-800 M-600 M-400 M-200 M0 MJun 16Jun 23Jun 30Jul 7Jul 14

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Historic performance and flows
Data as of 07/17/2026
1M3MYTD1Y3Y5Y
Perf.
FXI
KWEB
+0.55%+6.24%
-8.72%-8.76%
-10.45%-19.47%
-7.19%-16.96%
+31.01%+4.71%
-11.81%-46.75%
Flows
FXI
KWEB
-$809M-$498M
-$1.44B-$399M
-$1.50B-$833M
-$1.59B+$894M
-$1.49B+$1.53B
+$1.40B+$7.45B
Volatility and drawdown
3M1Y3Y5Y
Volatility
FXI
KWEB
+20.48%+26.84%
+19.54%+24.38%
+25.76%+30.16%
+29.76%+40.76%
Max drawdown
FXI
KWEB
-17.12%-22.16%
-23.30%-42.02%
-28.82%-42.02%
-51.70%-67.95%
Max drawdown duration
FXI
KWEB
65d91d
288d287d
420d287d
1509d1824d
Trading data

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FXI
KWEB
Last sale
7/17/2026 at 1:30 PM
$34.13
$26.81
Previous close
07/16/2026
$34.53
$27.48
Consolidated volume
07/16/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

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FXI
KWEB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 7/17/2026 at 1:30 PM
Live
Closed
FXI
KWEB
Last price
$34.13
$26.81
1D performance
-1.16%
-2.44%
AuM$4.22 B$5.46 B
E/R0.73%0.7%
Characteristics
FXI
KWEB
Management strategyPassivePassive
ProvideriSharesKraneShares
BenchmarkFTSE China 50 IndexCSI Overseas China Internet Index
N° of holdings5131
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateOctober 5, 2004July 31, 2013
ESGNoNo
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Exposure

Countries

FXI
China
94.3%
Other
5.7%
KWEB
China
83.3%
Ireland
7.66%
Other
9.04%

Sectors

FXI
Finance
36.47%
Technology
19.6%
Consumer Non-Cycl.
9.86%
Consumer Cyclical.
9.55%
Other
24.52%
KWEB
Technology
37.53%
Consumer Non-Cycl.
28.73%
Consumer Services
13.39%
Finance
7.43%
Other
12.92%
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Diversification

FXI

Total weight of top 15 holdings out of 15

68.85%
KWEB

Total weight of top 15 holdings out of 15

79.33%

Top 15 holdings

Data as of May 31, 2026
FXI
Alibaba Group Holding Ltd.
8.43%
China Construction Bank Corp.
8.24%
Tencent Holdings Ltd.
7.21%
Industrial & Commercial Bank of China Ltd.
5.89%
Xiaomi Corp.
5.37%
Meituan
4.34%
Ping An Insurance (Group) Co. of China Ltd.
4.32%
Bank of China Ltd.
3.97%
NetEase, Inc.
3.92%
BYD Co., Ltd.
3.73%
Baidu, Inc.
3.10%
JD.com, Inc.
2.99%
PetroChina Co., Ltd.
2.52%
Trip.com Group Ltd.
2.44%
China Life Insurance Co. Ltd.
2.39%
KWEB
Alibaba Group Holding Ltd.
9.45%
Tencent Holdings Ltd.
9.29%
PDD Holdings, Inc.
7.66%
NetEase, Inc.
7.02%
Meituan
6.79%
Baidu, Inc.
5.48%
KE Holdings, Inc.
5.18%
JD.com, Inc.
5.14%
Full Truck Alliance Co., Ltd.
3.99%
Trip.com Group Ltd.
3.59%
Kuaishou Technology
3.50%
JD Health International, Inc.
3.41%
Kanzhun Ltd.
3.13%
TAL Education Group
3.06%
Bilibili, Inc.
2.64%
Frequently asked questions about FXI and KWEB

How have the FXI and KWEB ETFs performed in 2026?

As of July 17, 2026, FXI is down -10.45% year-to-date (YTD), while KWEB has lost -19.47%. That puts FXI better performer ahead so far this year.

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

Year-to-date, the FXI ETF saw -$1.50B in flows, compared to -$833M for KWEB.

Which ETF is more volatile: FXI or KWEB?

Over the past year, FXI had a volatility of 19.54%, while KWEB experienced 24.38%.

Which ETF is bigger: FXI or KWEB?

As of July 17, 2026, FXI holds $4.22 B in assets under management (AUM), while KWEB manages $5.46 B.

What sectors do the FXI and KWEB ETFs invest in?

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

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

FXI top holdings include Alibaba Group Holding Ltd., China Construction Bank Corp. and Tencent Holdings Ltd.. KWEB holds in its top three: Alibaba Group Holding Ltd., Tencent Holdings Ltd. and PDD Holdings, Inc..

Which ETF is more diversified: FXI or KWEB?

FXI holds 51 securities with 68.85% of its assets in the top 15. KWEB has 31 securities and a top 15 weight of 79.33%.

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