KWEBvsCXSEETF Comparison

ETF 1

KWEB

KraneShares CSI China Internet ETF

This fund is part of

EM Awakening

-0.04%

Full KWEB fund page

ETF 2

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

This fund is part of

China Blended Cap

+0.16%

Full CXSE fund page

KraneShares CSI China Internet ETF (KWEB) belongs to the EM Awakening segment. WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is part of the China Blended Cap segment. KWEB's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Consumer Services. In contrast, CXSE's top sector exposures are Technology, Consumer Non-Cyclicals and Industrials. KWEB is more expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.32% for CXSE. KWEB is down -27.85% year-to-date (YTD) with -$1.00B in YTD flows. CXSE performs better with -9.84% YTD performance, and +$17M in YTD flows. Run a side-by-side ETF comparison of KWEB 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

KWEB vs CXSE performance and flow charts

Performance

Cumulative Flows

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

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 09/10/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KWEB CXSE	-14.46%-6.81%	-6.96%-5.47%	-27.85%-9.84%	-34.76%-12.64%	-2.15%+23.94%	-43.19%-30.14%
Flows	KWEB CXSE	-$169M-	-$813M-	-$1.00B+$17M	-$579M+$26M	+$764M-$186M	+$3.58B-$31M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KWEB CXSE	+27.25%+23.34%	+24.90%+21.69%	+29.88%+24.53%	+39.60%+28.05%
Max drawdown	KWEB CXSE	-14.46%-8.53%	-42.02%-18.64%	-42.02%-22.44%	-62.67%-57.72%
Max drawdown duration	KWEB CXSE	31d88d	343d344d	343d380d	1786d1782d

Trading data

Create an account to view trading data

Join for free

	KWEB	CXSE
Last sale 9/14/2026 at 1:30 PM	$24.73	$36.31
Previous close 09/11/2026	$24.60	$36.23
Consolidated volume 09/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

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

Main metrics

Last update 9/14/2026 at 1:30 PM

Live

Closed

	KWEB	CXSE
Last price	$24.73	$36.31
1D performance	+0.53%	+0.22%
AuM	$4.73 B	$467.08 M
E/R	0.69%	0.32%

Characteristics

	KWEB	CXSE
Management strategy	Passive	Passive
Provider	KraneShares	WisdomTree
Benchmark	CSI Overseas China Internet Index	WisdomTree China ex-State-Owned Enterprises Index
N° of holdings	33	248
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 31, 2013	September 19, 2012
ESG	No	No

More KWEB data on Trackinsight

More CXSE data on Trackinsight

Exposure

Countries

KWEB

China

82.14%

Ireland

8.01%

Other

9.85%

CXSE

China

91.09%

Other

8.91%

Sectors

KWEB

Technology

39.58%

Consumer Non-Cycl.

27.51%

Consumer Services

14.35%

Other

18.56%

CXSE

Technology

35.12%

Consumer Non-Cycl.

16.35%

Industrials

12.72%

Consumer Cyclical.

9.68%

Healthcare

9.35%

Other

16.78%

Diversification

KWEB

Total weight of top 15 holdings out of 15

77.81%

CXSE

Total weight of top 15 holdings out of 15

44.69%

Top 15 holdings

Data as of July 31, 2026

KWEB

Tencent Holdings Ltd.

9.96%

Alibaba Group Holding Ltd.

8.37%

PDD Holdings, Inc.

8.01%

Meituan

7.96%

NetEase, Inc.

6.17%

JD.com, Inc.

4.28%

Full Truck Alliance Co., Ltd.

4.19%

KE Holdings, Inc.

3.88%

Trip.com Group Ltd.

3.75%

Kuaishou Technology

3.70%

JD Health International, Inc.

3.63%

Kanzhun Ltd.

3.54%

Bilibili, Inc.

3.53%

Baidu, Inc.

3.49%

TAL Education Group

3.35%

CXSE

Tencent Holdings Ltd.

8.14%

Alibaba Group Holding Ltd.

7.31%

Contemporary Amperex Technology Co., Ltd.

4.93%

Zhongji Innolight Co., Ltd.

3.69%

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

2.53%

Xiaomi Corp.

2.24%

PDD Holdings, Inc.

2.18%

Meituan

2.12%

Eoptolink Technology Inc., Ltd.

2.10%

Midea Group Co. Ltd.

1.83%

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

1.69%

NetEase, Inc.

1.56%

BYD Co., Ltd.

1.50%

JD.com, Inc.

1.48%

Cambricon Technologies Corp. Ltd.

1.39%

Frequently asked questions about KWEB and CXSE

How have the KWEB and CXSE ETFs performed in 2026?

As of September 10, 2026, KWEB is down -27.85% year-to-date (YTD), while CXSE has lost -9.84%. That puts CXSE better performer ahead so far this year.

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

Year-to-date, the KWEB ETF saw -$1.00B in flows, compared to +$17M for CXSE.

Which ETF is more volatile: KWEB or CXSE?

Over the past year, KWEB had a volatility of 24.9%, while CXSE experienced 21.69%.

Which ETF is bigger: KWEB or CXSE?

As of September 10, 2026, KWEB holds $4.73 B in assets under management (AUM), while CXSE manages $467.08 M.

What sectors do the KWEB and CXSE ETFs invest in?

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

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

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

KWEBvsCXSEETF Comparison

KraneShares CSI China Internet ETF

WisdomTree China ex-State-Owned Enterprises Fund

KWEB 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 KWEB and CXSE ETFs performed in 2026?

As of September 10, 2026, KWEB is down -27.85% year-to-date (YTD), while CXSE has lost -9.84%. That puts CXSE better performer ahead so far this year.

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

Year-to-date, the KWEB ETF saw -$1.00B in flows, compared to +$17M for CXSE.

Which ETF is more volatile: KWEB or CXSE?

Over the past year, KWEB had a volatility of 24.9%, while CXSE experienced 21.69%.

Which ETF is bigger: KWEB or CXSE?

As of September 10, 2026, KWEB holds $4.73 B in assets under management (AUM), while CXSE manages $467.08 M.

What sectors do the KWEB and CXSE ETFs invest in?

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

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

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

Which ETF is more diversified: KWEB or CXSE?

KWEB holds 33 securities with 77.81% of its assets in the top 15. CXSE has 260 securities and a top 15 weight of 44.69%.

U.S. ETFs Arrive on ADX, Connecting Abu Dhabi and New York Markets

Bigger Isn’t Always Better Part I: 3 “Boutique” ETF Issuers to Watch

Rising Dragon: Top ETFs to Capitalize on China's Surging Stock Market

There's an ETF for that? The 3 Best ETFs for Investing in China's Comeback

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Thematic ETFs

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Thematic ETFs

Generate Income With This China Internet Covered Call ETF

Growth Potential of China ETFs

Build and Analyze Your ETF Portfolio Like a Pro