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›ETF Providers›KraneShares›KWBE

KWBE ETF · KraneShares CSI China Internet UCITS ETF

The KWBE Exchange Traded Fund (ETF) is provided by KraneShares. It is built to track an index: CSI Overseas China Internet Index. The KWBE ETF provides physical exposure, so by buying it you actually own parts of all the 29 underlying holdings. The dividend policy is capitalization.
Share class
Acc
EUR
Last update Today at 1:37 PM UTC
LIVE
CLOSED
This fund is part ofChina Blended Cap1M perf.-5.62%
Last price
€12.78
-1.79%
1M perf.
-6.60%
1M flows
-€9M
AuM
€134M
E/R
0.75%
Rating
ESG Consensus®
esg grade icon
KWBE
€12.78
-1.79%

Performance & flows

Segment for quartile rank
January 2, 2026 → April 1, 2026
0-20-15-10-505%FEBMARAPRFEBMARAPR
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KWBE
€12.95
-18.97%
China Blended Cap
-7.15%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-6.60%
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-18.97%
icon
-20.37%
icon
-4.73%
icon
-55.51%
icon
+0.89%
+0.89%
-16.42%
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Flows

Key fund info

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Main characteristics
ISIN
IE00BFXR7900
AuM
€134M
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E/R
0.75%
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Replication rating
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ESG Consensus®
esg grade icon
icon
More details
NAV
4/1/2026
€12.95
1D NAV change
+0.89%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
29
Inception date
1/10/2020
Jurisdiction
Ireland
Distribution
Ireland
United Kingdom
Finland
France
Germany
Legal structure
Irish Collective Asset-management Vehicle
Base currency
EUR
Classification
Product type
Asset class
Factors
N/A
Share class info
EUR capitalizing 
Total AuM of fund
€528M
Decimalisation of shares
No
Investment strategy
KWEB seeks to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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KWEB
1M perf.
-8.56%
E/R
0.7%
KWEB
1M perf.
-7.05%
E/R
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09102
1M perf.
-8.60%
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02812
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510310
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
-18.97%
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-20.37%
icon
-4.73%
icon
-55.51%
icon
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
Cayman Islands
69.10%
USA
24.66%
Bermuda
3.03%
China
1.19%
Unavailable
2.03%
Sectors
Consumer Discretionary
41.97%
Communication Services
37.15%
Real Estate
4.45%
Financials
1.19%
Unavailable
15.25%
Diversification
Total weight of top 15 holdings out of 29
Top 15 holdings
Data as of February 28, 2026
TENCENT HOLDINGS
ALIBABA GROUP HOLDING LTD
PINDUODUO INC ADR
MEITUAN
NETEASE INC
BAIDU
KE HOLDINGS
JD HEALTH INTERNATIONAL
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KUAISHOU TECHNOLOGY
JD.COM INC
BILIBILI
US35969L1089
TENCENT MUSIC ENTERTAINMENT GROUP ADR
TRIP.COM GROUP
US48553T1060
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about KWBE ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


KWBE’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
77.12% of holdings have positive scoring
24.96% of holdings have negative scoring
12.11%
60.28%
24.96%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
CSI Overseas China Internet Index - EUR
Index ticker
CSIH1138 Index
Index dividend policy
GTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise

Issuer

KraneShares
KraneShares ID Card
Number of funds
46
Total AuM
€8.03B
Expense ratio range
0.3% - 1.26%
Average expense ratio
0.8404%

Frequently asked questions about KWBE

What does KraneShares CSI China Internet UCITS ETF, KWBE, invest in?

KWBE is a Passive ETF. This ETF provides exposure to Chinese Equities.

Which benchmark or index does KWBE replicate?

KWBE tracks the CSI Overseas China Internet Index - EUR, through a full replication replication method.

What is the Total Expense ratio (TER) of KWBE?

KWBE carries a total expense ratio (TER) of 0.75%, indicating the annual cost for holding the fund.

When was KWBE launched?

KWBE was introduced to the market on January 10, 2020. It trades on Ireland, among other exchanges

Who is the ETF issuer of KWBE?

KraneShares CSI China Internet UCITS ETF, KWBE, is provided by KraneShares. Learn more about KraneShares here.

Does KWBE have multiple share classes?

Yes, KWBE is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of KWBE?

KWBE oversees €134M in assets as of April 1, 2026.

How has KWBE performed lately?

Based on data from April 1, 2026, KWBE returned -6.60% over the past month, -18.97% over the last three months and -16.42% year-to-date.

What are the latest inflows or outflows for KWBE?

As of April 1, 2026, KWBE recorded net flows of -€9M over the last month and -€30M year-to-date.

Does KWBE distribute dividends?

KWBE follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of KWBE?

As of February 28, 2026, KWBE has significant geographic allocations in Cayman Islands, USA and Bermuda.

In which sector or theme does KWBE invest in?

As of February 28, 2026, KWBE focuses largely on Consumer Discretionary, Communication Services and Real Estate.

How many securities does KWBE hold and how diversified is it?

As of February 28, 2026, KWBE holds 29 positions in its portfolio, with 77.79% of assets concentrated in its top 15 holdings.

What are the main positions in KWBE?

As of February 28, 2026, KWBE top three holdings include TENCENT HOLDINGS, ALIBABA GROUP HOLDING LTD and PINDUODUO INC ADR.

What is the base currency of KWBE?

The base currency of KWBE is EUR.

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