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KCAIvsCXSEETF Comparison

ETF 1

KCAI

KraneShares China Alpha Index ETF

This fund is part of

China Blended Cap

-0.36%

Full KCAI fund page

VS

ETF 2

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

This fund is part of

China Blended Cap

-0.36%

Full CXSE fund page

KraneShares China Alpha Index ETF (KCAI) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE) belong to the same industry segment: China Blended Cap. KCAI's top 3 sector exposures are Financials, Industrials and Materials. In contrast, CXSE's top sector exposures are Consumer Discretionary, Information Technology and Communication Services. KCAI is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.32% for CXSE. KCAI is up 7% year-to-date (YTD) with +$3M in YTD flows. CXSE performs worse with -2.33% YTD performance, and +$21M in YTD flows. Run a side-by-side ETF comparison of KCAI and CXSE 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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KCAI vs CXSE performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KCAI CXSE	+3.33%+5.82%	+7.17%-6.90%	+7.00%-2.33%	+64.82%+25.71%	n/a+26.51%	n/a-36.77%
Flows	KCAI CXSE	--$20M	+$3M+$68M	+$3M+$21M	-$2M+$30M	--$212M	-+$169M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KCAI CXSE	+14.54%+22.83%	+13.36%+19.90%	n/a+24.71%	n/a+28.49%
Max drawdown	KCAI CXSE	-4.37%-12.75%	-4.37%-17.41%	n/a-30.83%	n/a-63.87%
Max drawdown duration	KCAI CXSE	32d90d	32d208d	n/a424d	n/a1792d

Trading data

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	KCAI	CXSE
Last sale 4/28/2026 at 1:30 PM	$32.45	$39.74
Previous close 04/28/2026	$32.43	$39.51
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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

Main metrics

Last update 4/28/2026 at 1:30 PM

Live

Closed

	KCAI	CXSE
Last price	$32.45	$39.74
1D performance	+0.05%	+0.59%
AuM	$11.40 M	$511.09 M
E/R	0.79%	0.32%

Characteristics

	KCAI	CXSE
Management strategy	Passive	Passive
Provider	KraneShares	WisdomTree
Benchmark	Qi China Alpha Index	WisdomTree China ex-State-Owned Enterprises Index
N° of holdings	40	215
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	August 28, 2024	September 19, 2012
ESG	No	No

More KCAI data on Trackinsight

More CXSE data on Trackinsight

Exposure

Countries

KCAI

China

99.77%

Other

0.23%

CXSE

China

47.38%

Cayman Islands

45.88%

Other

6.74%

Sectors

KCAI

Financials

41.38%

Industrials

21.31%

Materials

14.32%

Information Techn.

12.29%

Consumer Discreti.

10.47%

Other

0.23%

CXSE

Consumer Discreti.

27.26%

Information Techn.

18.21%

Communication Ser.

12.75%

Industrials

12.19%

Health Care

7.87%

Other

21.71%

Diversification

KCAI

Total weight of top 15 holdings out of 15

48.47%

CXSE

Total weight of top 15 holdings out of 15

43.34%

Top 15 holdings

Data as of March 31, 2026

KCAI

EOPTOLINK TECHNOLOGY INC

3.43%

SATELLITE CHEMICAL CO LTD

3.43%

BANK OF CHINA

3.34%

CONSTR BANK

3.34%

ICBC

3.31%

HUA XIA BANK

3.28%

NINGXIA BAOFENG ENERGY GROUP CO LTD

3.28%

BANK OF COMM

3.21%

PUDONG DEV

3.19%

BANK OF JIANGSU CO LTD-A

3.17%

DAQIN RAILWAY

3.15%

AGRI BANK OF CN

3.11%

BEIJING BANK

3.08%

BANK OF SHANGHAI CO LTD

3.08%

ZHONGJI INNOLIGHT

3.07%

CXSE

TENCENT HOLDINGS

8.34%

ALIBABA GROUP HOLDING LTD

7.88%

AMPEREX TECH

4.97%

CN PING AN

2.51%

PINDUODUO INC ADR

2.46%

ZHONGJI INNOLIGHT

2.46%

XIAOMI CORP

2.36%

MEITUAN

1.93%

EOPTOLINK TECHNOLOGY INC

1.81%

PING AN

1.70%

BYD

1.68%

MIDEA GROUP

1.46%

JD.COM INC

1.39%

NETEASE INC

1.29%

EAST MONEY INFO

1.09%

Frequently asked questions about KCAI and CXSE

How have the KCAI and CXSE ETFs performed in 2026?

As of April 27, 2026, KCAI is up 7% year-to-date (YTD), while CXSE has lost -2.33%. That puts KCAI better performer ahead so far this year.

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

Year-to-date, the KCAI ETF saw +$3M in flows, compared to +$21M for CXSE.

Which ETF is more volatile: KCAI or CXSE?

Over the past year, KCAI had a volatility of 13.36%, while CXSE experienced 19.9%.

Which ETF is bigger: KCAI or CXSE?

As of April 27, 2026, KCAI holds $11.40 M in assets under management (AUM), while CXSE manages $511.09 M.

What sectors do the KCAI and CXSE ETFs invest in?

KCAI leans toward sectors like Financials, Industrials and Materials. Meanwhile, CXSE focuses on Consumer Discretionary, Information Technology and Communication Services.

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

KCAI top holdings include EOPTOLINK TECHNOLOGY INC, SATELLITE CHEMICAL CO LTD and BANK OF CHINA. CXSE holds in its top three: TENCENT HOLDINGS, ALIBABA GROUP HOLDING LTD and AMPEREX TECH.

KCAIvsCXSEETF Comparison

KraneShares China Alpha Index ETF

WisdomTree China ex-State-Owned Enterprises Fund

KCAI vs CXSE 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 KCAI and CXSE ETFs performed in 2026?

As of April 27, 2026, KCAI is up 7% year-to-date (YTD), while CXSE has lost -2.33%. That puts KCAI better performer ahead so far this year.

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

Year-to-date, the KCAI ETF saw +$3M in flows, compared to +$21M for CXSE.

Which ETF is more volatile: KCAI or CXSE?

Over the past year, KCAI had a volatility of 13.36%, while CXSE experienced 19.9%.

Which ETF is bigger: KCAI or CXSE?

As of April 27, 2026, KCAI holds $11.40 M in assets under management (AUM), while CXSE manages $511.09 M.

What sectors do the KCAI and CXSE ETFs invest in?

KCAI leans toward sectors like Financials, Industrials and Materials. Meanwhile, CXSE focuses on Consumer Discretionary, Information Technology and Communication Services.

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

KCAI top holdings include EOPTOLINK TECHNOLOGY INC, SATELLITE CHEMICAL CO LTD and BANK OF CHINA. CXSE holds in its top three: TENCENT HOLDINGS, ALIBABA GROUP HOLDING LTD and AMPEREX TECH.

Which ETF is more diversified: KCAI or CXSE?

KCAI holds 40 securities with 48.47% of its assets in the top 15. CXSE has 261 securities and a top 15 weight of 43.34%.

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