Market Shares:

• Technology: approx. 60%
• E-Commerce: approx. 25%
• Media & Entertainment: approx. 10%
• Other: approx. 5%

TOP 3 Markets:

• China: approx. 70%
• USA: approx. 15%
• Southeast Asia: approx. 10%

The KraneShares CSI China Internet ETF (KWEB) focuses heavily on companies operating in the internet and technology sector in China. The majority of revenues come from the technology sector, particularly through internet services and platforms. E-commerce is also a significant sector, as many of the companies included in the ETF operate in this area.

China remains the dominant market as the ETF is focused on Chinese internet companies. The USA and Southeast Asia are also important markets, as many of these companies offer their services and products internationally and are expanding.

Production: Not applicable

The KraneShares CSI China Internet ETF (ARCA:KWEB) is an exchange-traded fund (ETF) and not a company that produces physical products. The ETF invests in a portfolio of Chinese internet companies listed on the stock exchanges in China and the USA. Therefore, there are no production facilities or physical production in the traditional sense. The focus is on managing and composing the fund portfolio to replicate the performance of the Chinese internet sector.

Focus on Tech Investments: Increasing investments in leading Chinese internet companies
Diversification: Expanding the portfolio to include emerging technology companies
Market Expansion: Tapping into new markets outside of China

The KraneShares CSI China Internet ETF (KWEB) follows a growth strategy that heavily focuses on investments in leading Chinese internet and technology companies. The ETF aims to benefit from the digital transformation and e-commerce growth in China.

In addition, KWEB aims to diversify its portfolio by investing in emerging technology companies that show potential for future growth. This allows the ETF to benefit from innovations and new technologies.

Furthermore, KWEB plans to expand its market presence by investing in new markets outside of China. This could help diversify risk and capitalize on global growth opportunities.

Commodities/Materials: No specific commodities/materials

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that focuses on Chinese internet companies. As a financial product, the ETF does not import or use physical commodities or materials itself. Instead, it invests in stocks of companies operating in the internet sector.

However, the companies in which KWEB invests may indirectly require commodities or materials for their products and services. These may include electronic components, server hardware, or other IT-related materials typically imported from countries such as Taiwan, South Korea, Japan, and the USA.

Nevertheless, since KWEB is a financial product, these details are more applicable to the companies within the ETF portfolio and not to the ETF itself.

ETF Market Share: 18% in the China Internet ETF sector (2025, estimated)
Assets Under Management (AUM): $8.5 billion USD (2025, estimated)
Expense Ratio: 0.73% (2025)

The KraneShares CSI China Internet ETF (KWEB) has established itself as one of the leading ETFs in the Chinese internet companies sector. Its competitive advantage lies in the targeted focus on the high-growth Chinese internet sector, which benefits from the increasing digitization and technological advancement in China.

Another advantage is the comprehensive diversification within the sector, allowing investors to benefit from a wide range of companies operating in various areas such as e-commerce, social media, and online services.

The relatively low expense ratio compared to other specialized ETFs and the significant assets under management further enhance the attractiveness of KWEB. Together, these factors give the ETF a solid competitive edge in a dynamic market environment.

Institutional Investor Share: approximately 60% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions known (estimated for 2025)

The KraneShares CSI China Internet ETF (KWEB) is a popular ETF focusing on Chinese internet companies. Institutional investors hold a significant share in this ETF, indicating interest in the growth dynamics of the Chinese internet sector.

Insider transactions are less relevant for ETFs as they do not represent individual companies. Therefore, no significant insider buys or sells are recorded. The performance of the ETF is more influenced by the underlying companies and market conditions.

Market share of KWEB: Estimate not directly available (2025)

Top competitors in the China Internet ETF space:

1. iShares MSCI China ETF (MCHI)
2. SPDR S&P China ETF (GXC)
3. Invesco China Technology ETF (CQQQ)
4. Global X MSCI China Financials ETF (CHIX)
5. Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR)

Moat of KWEB:

KWEB has specialized in the area of Chinese internet companies, giving it a certain advantage in terms of specialized market knowledge and expertise in this sector. The ETF invests in leading Chinese internet companies, securing a strong position for itself in China's digital economy growth market.

Compared to its competitors, KWEB offers a focused exposure to the internet sector, while other ETFs like MCHI and GXC are more broadly diversified and cover various sectors. This can be seen as an advantage when the internet sector grows above average, but it also carries risks during market fluctuations.

The moat of KWEB could be considered moderate, as it benefits from specializing in a high-growth sector. However, more broadly diversified ETFs like MCHI may offer better protection against volatility and provide more stable performance in different market conditions.

Fund Revenue Growth: 8% (2024) Internet Usage Growth in China: 5% annually (2023)

The KraneShares CSI China Internet ETF (KWEB) provides investors with access to leading Chinese internet companies. The fund benefits from the ongoing digitization and the growing internet usage in China, which is growing at an annual rate of about 5%. These trends support the long-term growth potential of the companies included in the ETF.

Furthermore, the fund recorded a revenue growth of 8% in 2024, indicating the strong performance of the underlying companies and the increasing importance of the internet in China. The fund's diversification across various sectors within the internet industry also provides some risk mitigation.

However, investors should consider the geopolitical risks and regulatory uncertainties in China that could affect the fund's performance. In the long term, the ETF could benefit from the ongoing digitization and growth of the Chinese internet sector.

Dividend Yield: 0.0% (2025)

The KraneShares CSI China Internet ETF (KWEB) traditionally does not pay a dividend. The fund focuses on the growth potential of Chinese internet companies, which typically reinvest profits to further promote growth instead of distributing dividends to shareholders.

Since the ETF's focus is on growth companies, dividend payouts are not part of the investment strategy. Investors who invest in KWEB typically do so with the expectation of capital growth rather than regular dividend payments.