KWEB vs. FXI
Compare and contrast key facts about KraneShares CSI China Internet ETF (KWEB) and iShares China Large-Cap ETF (FXI).
KWEB and FXI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013. FXI is a passively managed fund by iShares that tracks the performance of the FTSE China 25 Index. It was launched on Oct 5, 2004. Both KWEB and FXI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
KWEB vs. FXI - Performance Comparison
Loading graphics...
KWEB vs. FXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KWEB KraneShares CSI China Internet ETF | -16.51% | 23.55% | 12.01% | -9.06% | -17.24% | -49.01% | 58.23% | 29.92% | -33.80% | 69.73% |
FXI iShares China Large-Cap ETF | -6.24% | 28.95% | 28.98% | -12.42% | -20.66% | -20.06% | 8.92% | 14.90% | -13.28% | 36.26% |
Returns By Period
In the year-to-date period, KWEB achieves a -16.51% return, which is significantly lower than FXI's -6.24% return. Over the past 10 years, KWEB has underperformed FXI with an annualized return of 0.04%, while FXI has yielded a comparatively higher 3.13% annualized return.
KWEB
- 1D
- 2.34%
- 1M
- -8.47%
- YTD
- -16.51%
- 6M
- -28.20%
- 1Y
- -13.60%
- 3Y*
- 0.58%
- 5Y*
- -15.40%
- 10Y*
- 0.04%
FXI
- 1D
- 2.57%
- 1M
- -3.70%
- YTD
- -6.24%
- 6M
- -11.79%
- 1Y
- 2.68%
- 3Y*
- 9.39%
- 5Y*
- -3.25%
- 10Y*
- 3.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KWEB vs. FXI - Expense Ratio Comparison
KWEB has a 0.76% expense ratio, which is higher than FXI's 0.74% expense ratio.
Return for Risk
KWEB vs. FXI — Risk / Return Rank
KWEB
FXI
KWEB vs. FXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) and iShares China Large-Cap ETF (FXI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KWEB | FXI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.46 | 0.11 | -0.57 |
Sortino ratioReturn per unit of downside risk | -0.48 | 0.32 | -0.80 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.04 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.44 | 0.15 | -0.60 |
Martin ratioReturn relative to average drawdown | -1.16 | 0.46 | -1.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KWEB | FXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | 0.11 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | -0.10 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | 0.11 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.17 | -0.10 |
Correlation
The correlation between KWEB and FXI is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
KWEB vs. FXI - Dividend Comparison
KWEB's dividend yield for the trailing twelve months is around 7.37%, more than FXI's 2.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWEB KraneShares CSI China Internet ETF | 7.37% | 6.16% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% |
FXI iShares China Large-Cap ETF | 2.58% | 2.42% | 1.76% | 3.17% | 2.61% | 1.60% | 2.19% | 2.74% | 2.69% | 2.31% | 2.69% | 2.90% |
Drawdowns
KWEB vs. FXI - Drawdown Comparison
The maximum KWEB drawdown since its inception was -80.92%, which is greater than FXI's maximum drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for KWEB and FXI.
Loading graphics...
Drawdown Indicators
| KWEB | FXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.92% | -72.68% | -8.24% |
Max Drawdown (1Y)Largest decline over 1 year | -31.36% | -17.25% | -14.11% |
Max Drawdown (5Y)Largest decline over 5 years | -75.23% | -55.14% | -20.09% |
Max Drawdown (10Y)Largest decline over 10 years | -80.92% | -60.81% | -20.11% |
Current DrawdownCurrent decline from peak | -67.12% | -26.17% | -40.95% |
Average DrawdownAverage peak-to-trough decline | -34.80% | -31.27% | -3.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.05% | 5.85% | +6.20% |
Volatility
KWEB vs. FXI - Volatility Comparison
KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 8.95% compared to iShares China Large-Cap ETF (FXI) at 7.06%. This indicates that KWEB's price experiences larger fluctuations and is considered to be riskier than FXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KWEB | FXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.95% | 7.06% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 19.07% | 14.69% | +4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.53% | 24.27% | +5.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.64% | 31.64% | +16.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.87% | 27.70% | +12.17% |