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KWEBvsMINVETF Comparison

ETF 1
KWEB

KraneShares CSI China Internet ETF

This fund is part of
EM Awakening
-0.03%
Full KWEB fund page
VS
ETF 2
MINV

Matthews Asia Innovators Active ETF

This fund is part of
EM Awakening
-0.03%
Full MINV fund page

KraneShares CSI China Internet ETF (KWEB) and Matthews Asia Innovators Active ETF (MINV) belong to the same industry segment: EM Awakening. KWEB's top 3 sector exposures are Consumer Discretionary, Communication Services and Real Estate. In contrast, MINV's top sector exposures are Information Technology, Industrials and Energy. KWEB is less expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.79% for MINV. KWEB is down -10.86% year-to-date (YTD) with -$342M in YTD flows. MINV performs better with 11.98% YTD performance, and +$24M in YTD flows. Run a side-by-side ETF comparison of KWEB and MINV 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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KWEB vs MINV performance and flow charts

Performance

-15.0-10.0-5.00.05.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

-400 M-300 M-200 M-100 M0 MFeb 11Feb 19Feb 26Mar 5

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

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
KWEB
MINV
-10.94%+1.96%
-12.05%+13.52%
-10.86%+11.98%
-10.94%+41.67%
+17.87%+71.03%
-57.58%n/a
Flows
KWEB
MINV
-$308M+$17M
-$653M+$28M
-$342M+$24M
-$183M+$27M
+$1.58B-$53M
+$10.21B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
KWEB
MINV
+22.41%+27.30%
+26.62%+21.16%
+30.42%+17.88%
+40.92%n/a
Max drawdown
KWEB
MINV
-20.69%-10.82%
-27.56%-15.16%
-27.56%-16.66%
-76.94%n/a
Max drawdown duration
KWEB
MINV
56d13d
160d56d
160d101d
1826dn/a
Trading data

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KWEB
MINV
Last sale
3/13/2026 at 1:30 PM
$30.16
$38.63
Previous close
03/12/2026
$30.06
$38.39
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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MINV
is actively managed and doesn’t replicate an index

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KWEB
MINV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
KWEB
MINV
Last price
$30.16
$38.63
1D performance
+0.33%
+0.64%
AuM$6.75 B$112.88 M
E/R0.7%0.79%
Characteristics
KWEB
MINV
Management strategyPassiveActive
ProviderKraneSharesMatthews Asia
BenchmarkCSI Overseas China Internet Index-
N° of holdings2450
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateJuly 31, 2013July 13, 2022
ESGNoNo
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Exposure

Countries

KWEB
Cayman Islands
70.83%
USA
23.01%
Other
6.16%
MINV
India
23.62%
Taiwan
19.48%
Cayman Islands
16.77%
China
15.75%
USA
12.94%
Other
11.43%

Sectors

KWEB
Consumer Discreti.
41.07%
Communication Ser.
38.66%
Other
20.27%
MINV
Information Techn.
21.9%
Industrials
20.57%
Energy
8.11%
Health Care
7.48%
Communication Ser.
7.27%
Consumer Discreti.
7.03%
Other
27.65%
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Diversification

KWEB

Total weight of top 15 holdings out of 15

78.21%
MINV

Total weight of top 15 holdings out of 15

57.03%

Top 15 holdings

Data as of January 31, 2026
KWEB
ALIBABA GROUP HOLDING LTD
9.91%
TENCENT HOLDINGS
9.87%
PINDUODUO INC ADR
6.74%
MEITUAN
6.73%
NETEASE INC
5.55%
BAIDU
4.83%
KUAISHOU TECHNOLOGY
4.62%
KE HOLDINGS
4.49%
JD HEALTH INTERNATIONAL
4.20%
BILIBILI
3.96%
JD.COM INC
3.82%
TENCENT MUSIC ENTERTAINMENT GROUP ADR
3.53%
TRIP.COM GROUP
3.51%
US35969L1089
3.34%
US48553T1060
3.10%
MINV
JEREH OILFIELD
4.24%
WUXI BIOLOGICS (CAYMAN)
4.16%
WIN SEMI
4.09%
DELHIVERY LTD
4.03%
JIANGSU HENGLI HYDRAULIC CO LT
3.98%
RELIANCE INDUSTRIES
3.87%
BHARTI AIRTEL
3.85%
LUXSHARE
3.83%
ACTER GROUP CORPORATION LTD
3.82%
ALL RING
3.72%
US89677Q1076
3.68%
SK SQUARE CO LTD
3.54%
KAORI HEAT
3.52%
NETEASE INC
3.39%
INNOVENT BIOLOGICS INC
3.31%
Frequently asked questions about KWEB and MINV

How have the KWEB and MINV ETFs performed in 2026?

As of March 11, 2026, KWEB is down -10.86% year-to-date (YTD), while MINV has returned 11.98%. That puts MINV better performer ahead so far this year.

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

Year-to-date, the KWEB ETF saw -$342M in flows, compared to +$24M for MINV.

Which ETF is more volatile: KWEB or MINV?

Over the past year, KWEB had a volatility of 26.62%, while MINV experienced 21.16%.

Which ETF is bigger: KWEB or MINV?

As of March 11, 2026, KWEB holds $6.75 B in assets under management (AUM), while MINV manages $112.88 M.

What sectors do the KWEB and MINV ETFs invest in?

KWEB leans toward sectors like Consumer Discretionary and Communication Services. Meanwhile, MINV focuses on Information Technology, Industrials and Energy.

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

KWEB top holdings include ALIBABA GROUP HOLDING LTD, TENCENT HOLDINGS and PINDUODUO INC ADR. MINV holds in its top three: JEREH OILFIELD, WUXI BIOLOGICS (CAYMAN) and WIN SEMI.

Which ETF is more diversified: KWEB or MINV?

KWEB holds 29 securities with 78.21% of its assets in the top 15. MINV has 60 securities and a top 15 weight of 57.03%.

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