KWEB Performance — KraneShares CSI China Internet ETF
Data updated: 2026-08-28
KWEB returned −28.95% year to date and −24.38% over one year to Jun 2026. Annualised returns are +0.40% over 3 years and −15.96% over 5 years. The fund trailed its China Technology Equity category average: $100 invested three years ago grew to $101, against $164 for the category, and to $76 over one year, against $129. Volatility over the past three years was 32.76% a year. In the 12 months to Jun 2026 the fund took in a net $878.7M, and assets reached $4.91B.
KWEB Growth of $100
What $100 invested in KraneShares CSI China Internet ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the China Technology Equity category average over the same months.
| Period | KWEB | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $76 | $129 |
| 3 years (Jul 2023 – Jun 2026) | $101 | $164 |
| 5 years (Jul 2021 – Jun 2026) | $42 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $67 | $183 |
KWEB Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −28.95% |
| 1 year | −24.38% |
| 3 years (annualised) | +0.40% |
| 5 years (annualised) | −15.96% |
KWEB Annual Returns
Calendar-year total returns of KraneShares CSI China Internet ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −28.96% |
| 2025 | +23.48% |
| 2024 | +13.25% |
| 2023 | −9.93% |
| 2022 | −16.85% |
| 2021 | −49.33% |
| 2020 | +59.66% |
| 2019 (Jul–Dec) | +10.91% |
KWEB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −11.0% | −12.6% | +4.5% | −8.9% | −5.4% | +1.5% | — | — | — | — | — | — |
| 2025 | +3.2% | +9.6% | +4.7% | +3.0% | +2.3% | −7.1% | +13.0% | +5.7% | +3.7% | −2.8% | −6.1% | −5.9% |
| 2024 | +2.4% | +10.7% | −13.7% | −5.5% | +2.3% | +7.5% | +35.2% | −3.1% | −2.1% | −1.1% | −4.2% | −8.3% |
| 2023 | +6.9% | −13.8% | +11.8% | +7.1% | −9.9% | −11.0% | −3.6% | −9.1% | +17.4% | −2.8% | +8.0% | −5.7% |
| 2022 | −12.0% | −7.9% | −0.2% | +9.9% | +1.5% | −1.1% | −17.9% | +4.9% | −12.0% | +9.5% | +45.5% | −22.7% |
| 2021 | −14.9% | +2.6% | +11.8% | −0.3% | −7.1% | −0.4% | −7.4% | +0.5% | −27.3% | −11.1% | −8.3% | +2.2% |
| 2020 | −7.0% | +0.9% | −1.0% | +18.0% | +8.0% | +7.9% | −3.6% | +4.6% | +8.1% | +3.4% | +4.7% | +6.1% |
| 2019 | — | — | — | — | — | — | −2.4% | 0.0% | −3.4% | +4.3% | +3.6% | +8.8% |
KWEB Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 32.76%
- 3-year Sharpe ratio: -0.13 (vs 4.5% risk-free rate)
- Best month: +35.16% (Jul 2024)
- Worst month: −13.70% (Mar 2024)
KWEB Fund Flows
Monthly money in and out of KraneShares CSI China Internet ETF, from SEC Form N-PORT.
- 12-month net flow: $878.7M
- 12-month gross sales (incl. reinvestments): $3.7B
- Sales ÷ redemptions: 1.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $258.0M | $22.8M | $235.3M |
| May 2026 | $982.3M | $688.5M | $293.8M |
| Apr 2026 | $1.4M | $812.8M | −$811.4M |
| Mar 2026 | $377.7M | $28.6M | $349.1M |
| Feb 2026 | $517K | $694.2M | −$693.7M |
| Jan 2026 | $61.6M | $172.5M | −$110.9M |
| Dec 2025 | $351.5M | $37.3M | $314.2M |
| Nov 2025 | $61.2M | $1.9M | $59.3M |
| Oct 2025 | $956K | $310.8M | −$309.8M |
| Sep 2025 | $1.0B | $0 | $1.0B |
| Aug 2025 | $166.7M | $8.7M | $158.0M |
| Jul 2025 | $370.0M | $0 | $370.0M |
KWEB Assets Under Management
Net assets of KraneShares CSI China Internet ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $4.91B |
| 2026-03-31 | $6.04B |
| 2025-12-31 | $7.95B |
| 2025-09-30 | $9.79B |
| 2025-06-30 | $6.37B |
| 2025-03-31 | $8.05B |
| 2024-12-31 | $5.41B |
| 2024-09-30 | $6.52B |
| 2024-06-30 | $5.46B |
| 2024-03-31 | $5.46B |
| 2023-12-31 | $5.44B |
| 2023-09-30 | $5.70B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.