KWEB vs. IPO ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to Renaissance IPO ETF (IPO)
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

$30.67

Average Daily Volume

19,590,023

Number of Holdings *

16

* may have additional holdings in another (foreign) market
IPO

Renaissance IPO ETF

IPO Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.52

Average Daily Volume

51,952

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period KWEB IPO
30 Days 14.35% -5.01%
60 Days 21.90% -3.09%
90 Days 32.60% 9.84%
12 Months 13.97% 40.33%
2 Overlapping Holdings
Symbol Grade Weight in KWEB Weight in IPO Overlap
BZ A 4.8% 2.42% 2.42%
YMM A 4.68% 2.17% 2.17%
KWEB Overweight 14 Positions Relative to IPO
Symbol Grade Weight
BABA B 8.74%
PDD B 6.57%
TCOM A 5.43%
TME A 4.81%
BEKE B 3.68%
TAL B 3.51%
BIDU C 3.44%
VIPS D 3.28%
BILI B 2.05%
QFIN A 1.63%
IQ B 1.58%
ATHM C 1.03%
YY C 0.68%
WB C 0.45%
KWEB Underweight 43 Positions Relative to IPO
Symbol Grade Weight
KVUE D -9.85%
COIN D -9.62%
NU C -9.54%
APP B -5.48%
HOOD C -4.18%
ARM F -3.87%
CNM A -3.67%
PATH D -2.73%
ONON C -2.56%
DUOL A -2.41%
RIVN F -2.26%
CRBG A -2.24%
CFLT D -2.1%
PCOR D -2.06%
S D -1.91%
GTLB F -1.86%
MNDY D -1.74%
RYAN D -1.74%
DV D -1.57%
EDR A -1.55%
GFS D -1.4%
HCP B -1.17%
TPG C -1.16%
GLBE F -1.14%
FRSH F -1.09%
DOCS F -0.99%
MQ D -0.93%
BRZE D -0.82%
DOCN D -0.75%
SQSP B -0.74%
NUVL D -0.65%
AGL F -0.54%
YOU F -0.53%
INFA D -0.51%
BROS F -0.5%
DLO F -0.48%
BIRK D -0.42%
PYCR F -0.42%
FLNC B -0.36%
PWSC F -0.36%
ACT A -0.32%
BLCO F -0.19%
INST F -0.14%
Compare ETFs