KWEB vs. JCHI ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to JPMorgan Active China ETF (JCHI)

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

$32.16

Average Daily Volume

27,830,621

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JCHI

JPMorgan Active China ETF

JCHI Description

Under normal circumstances, the fund will invest at least 80% of the value of its assets in equity securities and equity-related instruments that are tied economically to China. The fund may invest in all types of issuers (including government-owned issuers) of equity securities and equity-related instruments that are tied economically to China, and in all types of publicly-issued shares of such issuers, including those listed on Chinese or U.S. exchanges. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.20

Average Daily Volume

3,170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	JCHI
30 Days	-16.21%	-13.99%
60 Days	25.18%	14.28%
90 Days	25.48%	15.18%
12 Months	24.28%	15.22%

5 Overlapping Holdings

Symbol	Grade	Weight in KWEB	Weight in JCHI	Overlap
BABA	B	9.92%	6.35%	6.35%
BEKE	A	4.7%	1.73%	1.73%
BZ	C	2.44%	1.18%	1.18%
IQ	C	0.45%	0.39%	0.39%
PDD	C	6.1%	3.68%	3.68%

KWEB Overweight 11 Positions Relative to JCHI

Symbol	Grade	Weight
TCOM	A	4.32%
YMM	B	3.66%
BILI	A	3.46%
BIDU	F	3.35%
VIPS	F	3.17%
QFIN	B	2.99%
TAL	B	2.92%
TME	D	2.86%
ATHM	D	1.18%
YY	D	0.68%
WB	B	0.5%

KWEB Underweight 1 Positions Relative to JCHI

	Symbol	Grade	Weight
	HTHT	B	-1.26%