KWEB vs. DWLD ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to Davis Select Worldwide ETF (DWLD)

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

$27.60

Average Daily Volume

18,206,749

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWLD

Davis Select Worldwide ETF

DWLD Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest the fund's portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. It will invest significantly in issuers (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the adviser considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

10,248

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	DWLD
30 Days	-6.63%	-0.29%
60 Days	-9.42%	-0.25%
90 Days	3.84%	3.23%
12 Months	5.81%	19.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in KWEB	Weight in DWLD	Overlap
	BEKE	C	4.23%	2.91%	2.91%

KWEB Overweight 15 Positions Relative to DWLD

Symbol	Grade	Weight
BABA	D	9.05%
PDD	D	8.06%
TME	B	4.33%
TCOM	C	4.01%
BIDU	F	3.8%
YMM	D	3.76%
BZ	D	3.67%
VIPS	F	3.63%
TAL	D	3.51%
BILI	C	2.86%
QFIN	D	2.13%
ATHM	D	1.31%
IQ	D	0.82%
YY	C	0.76%
WB	D	0.53%

KWEB Underweight 24 Positions Relative to DWLD

Symbol	Grade	Weight
META	A	-6.82%
COF	D	-4.78%
BRK.A	C	-4.32%
AMZN	A	-3.73%
HUM	C	-3.7%
MGM	B	-3.25%
GOOG	A	-2.92%
WFC	C	-2.78%
AMAT	B	-2.76%
VTRS	D	-2.26%
MKL	D	-2.0%
JD	D	-1.98%
CI	D	-1.93%
SE	B	-1.05%
TSN	D	-0.97%
SOLV	F	-0.92%
OC	D	-0.89%
CPNG	C	-0.87%
DGX	C	-0.79%
IAC	F	-0.73%
AGCO	F	-0.71%
DAR	F	-0.48%
NOAH	D	-0.32%
YOU	B	-0.26%