KWEB vs. FDNI ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to First Trust Dow Jones International Internet ETF (FDNI)

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed 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. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

30,677,165

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDNI

First Trust Dow Jones International Internet ETF

FDNI Description

The investment seeks the results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dow Jones International Internet Index (the “index”). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is developed, maintained and sponsored by S&P Dow Jones Indices LLC and is designed to measure the performance of securities of non-U.S. issuers whose primary business focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.45

Average Daily Volume

7,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	FDNI
30 Days	-5.97%	-1.28%
60 Days	14.72%	11.74%
90 Days	16.38%	13.60%
12 Months	10.88%	28.91%

6 Overlapping Holdings

Symbol	Grade	Weight in KWEB	Weight in FDNI	Overlap
BABA	D	9.61%	9.74%	9.61%
BIDU	F	3.29%	2.23%	2.23%
BZ	F	2.4%	0.42%	0.42%
PDD	F	6.04%	7.38%	6.04%
TME	D	2.87%	0.67%	0.67%
VIPS	F	3.38%	0.45%	0.45%

KWEB Overweight 10 Positions Relative to FDNI

Symbol	Grade	Weight
BEKE	D	4.75%
TCOM	B	4.63%
BILI	D	3.66%
YMM	C	3.6%
TAL	F	2.9%
QFIN	A	2.81%
ATHM	C	1.17%
YY	B	0.79%
WB	D	0.48%
IQ	F	0.42%

KWEB Underweight 7 Positions Relative to FDNI

Symbol	Grade	Weight
SHOP	B	-9.5%
SPOT	B	-5.25%
SE	A	-2.97%
CPNG	D	-2.72%
XRX	F	-1.31%
WIX	A	-0.89%
MBAVU	C	-0.34%