KraneShares CSI China Internet ETF (KWEB)
KWEB, or the KraneShares CSI Overseas China Internet ETF, is an exchange-traded fund (ETF) managed by China International Capital Corporation (CICC). It is designed to track the investment results of the CSI Overseas China Internet index, which consists of companies listed on global stock exchanges that are engaged in the internet industry in China. This index is designed to provide investors with exposure to the growing internet industry in China, which has been driven by the increasing adoption of mobile devices, the expansion of e-commerce, and the growth of the digital economy in the country.
KWEB was launched on July 31, 2013, and has a 0.76% expense ratio, which is high compared to other passive mutual funds or ETFs.
KWEB is a passive ETF, meaning it tracks the performance of the underlying index rather than actively seeking to outperform it. This can make it a suitable investment for those looking for exposure to the internet industry in China without the added risk and cost of active management. So, KWEB can be a good investment option for those who want to diversify their portfolio and gain exposure to the growing internet industry in China.
ETF Info
| ISIN | US5007673065 |
|---|---|
| CUSIP | 500767306 |
| Issuer | CICC |
| Inception Date | Jul 31, 2013 |
| Region | Emerging Asia Pacific (China) |
| Category | China Equities |
| Index Tracked | CSI Overseas China Internet |
| Home Page | kraneshares.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The KraneShares CSI China Internet ETF has a high expense ratio of 0.76%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in KraneShares CSI China Internet ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
KraneShares CSI China Internet ETF had a return of -5.37% year-to-date (YTD) and -12.61% in the last 12 months. Over the past 10 years, KraneShares CSI China Internet ETF had an annualized return of -1.58%, while the S&P 500 had an annualized return of 10.50%, indicating that KraneShares CSI China Internet ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -5.37% | 5.90% |
| 1 month | -2.89% | -1.28% |
| 6 months | -4.10% | 15.51% |
| 1 year | -12.61% | 21.68% |
| 5 years (annualized) | -10.54% | 11.74% |
| 10 years (annualized) | -1.58% | 10.50% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -13.56% | 8.65% | 3.51% | |||||||||
| 2023 | -4.67% | -4.82% | 7.72% | -2.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
KraneShares CSI China Internet ETF(KWEB)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
KraneShares CSI China Internet ETF granted a 1.81% dividend yield in the last twelve months. The annual payout for that period amounted to $0.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.46 | $0.00 | $2.58 | $0.22 | $0.04 | $1.27 | $0.34 | $0.41 | $0.18 | $0.29 | $0.10 |
Dividend yield | 1.81% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
Monthly Dividends
The table displays the monthly dividend distributions for KraneShares CSI China Internet ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.58 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the KraneShares CSI China Internet ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the KraneShares CSI China Internet ETF was 80.92%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current KraneShares CSI China Internet ETF drawdown is 73.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.92% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -45.19% | Jan 29, 2018 | 235 | Jan 3, 2019 | 378 | Jul 6, 2020 | 613 |
| -36.74% | Jun 15, 2015 | 50 | Aug 24, 2015 | 419 | Apr 24, 2017 | 469 |
| -26.16% | Mar 7, 2014 | 44 | May 8, 2014 | 261 | May 21, 2015 | 305 |
| -14.05% | Oct 22, 2013 | 13 | Nov 7, 2013 | 36 | Dec 31, 2013 | 49 |
Volatility
Volatility Chart
The current KraneShares CSI China Internet ETF volatility is 6.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.